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WelltowerWELL -0.08%86 EV-to-EBITDA is 72.12 as of Jul. 22, 2026, which is 182% above its 10-year median of 25.56. GuruFocus rates WELL with a GF Score™ of 86/100 and a GF Value™ of $182.13 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 680 REITs companies, Welltower ranks worse than 96.32% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Welltower's enterprise value is $190,202 Mil.
Welltower's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,637 Mil. Therefore, Welltower's EV-to-EBITDA for today is 72.12.
The historical rank and industry rank for Welltower's EV-to-EBITDA or its related term are showing as below:
WELL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.66 Med: 25.56 Max: 74.07
Current: 72.12
During the past 13 years, the highest EV-to-EBITDA of Welltower was 74.07. The lowest was 14.66. And the median was 25.56.
WELL's EV-to-EBITDA is ranked worse than 96.32% of 680
companies
in the REITs industry
Industry Median: 15.5
vs WELL: 72.12
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Welltower (NYSE:WELL) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Welltower's share price for today is $246.185.
Welltower's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.020.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Welltower's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Healthcare Facilities subindustry, Welltower's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Welltower EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Welltower's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Welltower's EV-to-EBITDA falls into.
Welltower's current Enterprise Value is $190,202 Mil.
Welltower's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,637 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Welltower (WELL) has a EV-to-EBITDA of 72.12 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Welltower. This is 182% above median its historical median of 25.56. Over the past decade, Welltower's EV-to-EBITDA has ranged from 14.66 to 74.07. According to the industry distribution chart, Welltower ranks #655 out of 680 companies in the REITs industry, placing it in the top 96.3%.
Is Welltower's EV-to-EBITDA too high?
Welltower's current EV-to-EBITDA of 72.12 is 182% above median its 10-year median of 25.56. Over the past 10 years, this metric has ranged from a low of 14.66 to a high of 74.07. The REITs industry median EV-to-EBITDA is 15.50. Welltower's value of 72.12 is 365.3% above this industry median. Based on the distribution chart, Welltower ranks #655 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Welltower has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welltower's EV-to-EBITDA compare to VTR and DOC?
According to the REITs industry distribution chart, Welltower ranks #655 out of 680 companies for EV-to-EBITDA. This places Welltower in the lower half of its industry. The industry median EV-to-EBITDA is 15.50. Welltower's value of 72.12 is 365.3% above this benchmark. Historically, Welltower's own EV-to-EBITDA has ranged from 14.66 to 74.07 over the past decade. While the company's 10-year median is 25.56 vs. the industry median of 15.50, Welltower has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.50, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Welltower's current EV-to-EBITDA of 72.12 is 365.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Welltower. For the REITs industry, the median EV-to-EBITDA is 15.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welltower's current EV-to-EBITDA is 72.12, which is 182% above median its own 10-year median of 25.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welltower stock overvalued right now?
Based on GuruFocus' analysis, Welltower (WELL) is currently considered Significantly Overvalued. The stock's GF Value™ is $182.13, compared to a current price of $246.19 — trading 35.2% above its estimated fair value. The current EV-to-EBITDA is 72.12, which is 182% above median its 10-year median of 25.56 and 365.3% above the REITs industry median of 15.50. Welltower's overall GF Score™ is 86/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Welltower (WELL), the current EV-to-EBITDA is 72.12 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Welltower (WELL) Overvalued in 2026?
Based on GuruFocus' analysis, Welltower stock appears to be overvalued.
The current stock price of $246.19 is trading 35.2% above its estimated GF Value™ of $182.13.
GuruFocus considers Welltower to be Significantly Overvalued.
Key valuation signals for WELL:
EV-to-EBITDA: 72.12 (182% above median its 10-year median of 25.56)
GF Value™: $182.13 vs. price of $246.19 (35.2% above fair value)
Industry Position: 365.3% above the REITs median (#655 of 680)
No single metric tells the full story. See the WELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Welltower owns a diversified healthcare portfolio of 2,800 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
86GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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