---
schema_version: "secwatch.filing_event.v1"
accession: "0000766704-25-000027"
form_type: "8-K"
ticker: "WELL"
cik: "0000766704"
company_name: "WELLTOWER INC."
filed_at: "2025-07-28T23:59:59+00:00"
generated_at: "2026-05-18T00:38:36.288897+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Welltower Q2 normalized FFO $1.28/share, up 21.9% YoY; raises full-year guidance

## Summary
- Reported net income $0.45 diluted EPS; normalized FFO $1.28/share (+21.9% YoY).
- Total portfolio same-store NOI growth 13.8%; Seniors Housing Operating SSNOI +23.4%.
- Board raised quarterly dividend 10.4% to $0.74/share; payable Aug 21, 2025.
- Raised 2025 normalized FFO guidance to $5.06–$5.14/share from $4.90–$5.04.
- Net Debt/Adj. EBITDA improved to 2.93x from 3.68x YoY; available liquidity ~$9.5B.

## SEC filing metadata
- accession: 0000766704-25-000027
- form_type: 8-K
- ticker: WELL
- cik: 0000766704
- company_name: WELLTOWER INC.
- filed_at: 2025-07-28T23:59:59+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/766704/000076670425000027/0000766704-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766704/000076670425000027/well-20250728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766704-25-000027
- JSON: https://secwatch.observer/filing/0000766704-25-000027.json
- Plain text: https://secwatch.observer/filing/0000766704-25-000027.txt

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