earnings
confidence high
sentiment positive
materiality 0.85
Welltower Q4 normalized FFO $1.13 (+17.7%); raises dividend 10%; 2025 FFO guide $4.79-$4.95
WELLTOWER INC.
2024-FY EPS reported
$1.57
revenue$7,991,118,000
- Q4 normalized FFO $1.13/sh vs $0.96 prior year (+17.7%); net income $0.19/sh.
- Total portfolio same-store NOI +12.8% YoY; Seniors Housing Operating SSNOI +23.9%; margin +320bps.
- Completed $2.4B pro rata investments in Q4 and $7.0B in 2024; launched $2B private fund.
- 2025 guidance: normalized FFO $4.79-$4.95/sh, net income $1.60-$1.76/sh, SSNOI growth 9.25%-13.0%.
- Board approved 10% dividend increase to $0.67/sh payable March 6, 2025 (record Feb 25).