Welltower Q4 normalized FFO rises 28.3% to $1.45 per share; 2026 outlook issued
Welltower reported fourth quarter 2025 normalized funds from operations (FFO) of $1.45 per diluted share, up 28.3% from a year earlier, and net income of $0.14 per diluted share. The company also issued 2026 guidance of $6.09 to $6.25 in normalized FFO per diluted share and declared a quarterly dividend of $0.74 per share, a 10.4% increase. For shareholders, the results show higher operating earnings and a higher payout, with the filing's 2026 outlook setting the benchmark for the year ahead.
Key points
- Q4 2025 normalized FFO was $1.45 per diluted share, up 28.3% year over year; net income attributable to common stockholders was $0.14 per diluted share.
- Full-year 2025 normalized FFO was $5.29 per diluted share, up 22.5% over the prior year.
- 2026 guidance: normalized FFO of $6.09 to $6.25 per diluted share and net income of $3.11 to $3.27 per diluted share.
- Quarterly dividend of $0.74 per share, a 10.4% increase, payable March 10, 2026 to holders of record as of February 25, 2026.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.