---
schema_version: "secwatch.filing_event.v1"
accession: "0000766704-25-000006"
form_type: "8-K"
ticker: "WELL"
cik: "0000766704"
company_name: "WELLTOWER INC."
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:39:47.251184+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Welltower Q4 normalized FFO $1.13 (+17.7%); raises dividend 10%; 2025 FFO guide $4.79-$4.95

## Summary
- 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).

## SEC filing metadata
- accession: 0000766704-25-000006
- form_type: 8-K
- ticker: WELL
- cik: 0000766704
- company_name: WELLTOWER INC.
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766704/000076670425000006/0000766704-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766704/000076670425000006/well-20250211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766704-25-000006
- JSON: https://secwatch.observer/filing/0000766704-25-000006.json
- Plain text: https://secwatch.observer/filing/0000766704-25-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.