Welltower (FRA:HCW) FCF Margin %: 20.01% (As of Mar. 2026) — 30% Below Median


FRA:HCW Welltower Inc FRA:HCW
84 GF Score
Price €199.85
GF Value €157.04
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Welltower FCF Margin %?

Welltower FRA:HCW +1.86% 84 FCF Margin % is 20.01% as of Mar. 2026, which is 30% below its 10-year median of 28.68. GuruFocus rates FRA:HCW with a GF Score™ of 84/100 and a GF Value™ of €157.04 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 940 REITs companies, Welltower ranks worse than 61.49% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Welltower's Free Cash Flow for the three months ended in Mar. 2026 was €572 Mil. Welltower's Revenue for the three months ended in Mar. 2026 was €2,859 Mil. Therefore, Welltower's FCF Margin % for the quarter that ended in Mar. 2026 was 20.01%.

As of today, Welltower's current FCF Yield % is 1.82%.

The historical rank and industry rank for Welltower's FCF Margin % or its related term are showing as below:

FRA:HCW' s FCF Margin % Range Over the Past 10 Years
Min: 22.48   Med: 28.68   Max: 38.15
Current: 25.22


During the past 13 years, the highest FCF Margin % of Welltower was 38.15%. The lowest was 22.48%. And the median was 28.68%.

FRA:HCW's FCF Margin % is ranked worse than
61.49% of 940 companies
in the REITs industry
Industry Median: 39.54 vs FRA:HCW: 25.22


Welltower FCF Margin % Related Terms


Welltower FCF Margin % Historical Data

* Premium members only.

The historical data trend for Welltower's FCF Margin % 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.

Welltower FCF Margin % Chart

Welltower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.67 22.48 23.94 27.99 26.70

Welltower Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.59 30.26 32.43 20.64 20.01

FRA:HCW vs VTR, OHI, DOC: FCF Margin % Comparison

For the REIT - Healthcare Facilities subindustry, Welltower's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Welltower's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Welltower's FCF Margin % falls into.


FRA:HCW
84GF Score
Welltower Inc FRA:HCW
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Welltower FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Welltower's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2432.088/9109.734
=26.70 %

Welltower's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=572.252/2859.432
=20.01 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 20.01% mean?
Welltower (FRA:HCW) has a FCF Margin % of 20.01% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Welltower and its competitors. This is 30% below median its historical median of 28.68. Over the past decade, Welltower's FCF Margin % has ranged from 22.48 to 38.15. According to the industry distribution chart, Welltower ranks #578 out of 940 companies in the REITs industry, placing it in the top 61.5%.
Is Welltower's FCF Margin % too high?
Welltower's current FCF Margin % of 20.01% is 30% below median its 10-year median of 28.68. Over the past 10 years, this metric has ranged from a low of 22.48 to a high of 38.15. The REITs industry median FCF Margin % is 39.54. Welltower's value of 20.01% is 49.4% below this industry median. Based on the distribution chart, Welltower ranks #578 out of 940 companies in the REITs industry, which is below the industry midpoint. Overall, Welltower has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welltower's FCF Margin % compare to VTR and OHI?
According to the REITs industry distribution chart, Welltower ranks #578 out of 940 companies for FCF Margin %. This places Welltower in the lower half of its industry. The industry median FCF Margin % is 39.54. Welltower's value of 20.01% is 49.4% below this benchmark. Historically, Welltower's own FCF Margin % has ranged from 22.48 to 38.15 over the past decade. While the company's 10-year median is 28.68 vs. the industry median of 39.54, Welltower has consistently been below 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 39.54, based on 940 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Welltower's current FCF Margin % of 20.01% is 49.4% below 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Welltower and its competitors. For the REITs industry, the median FCF Margin % is 39.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welltower's current FCF Margin % is 20.01%, which is 30% below median its own 10-year median of 28.68. 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 (FRA:HCW) is currently considered Modestly Overvalued. The stock's GF Value™ is €157.04, compared to a current price of €199.85 — trading 27.3% above its estimated fair value. The current FCF Margin % is 20.01%, which is 30% below median its 10-year median of 28.68 and 49.4% below the REITs industry median of 39.54. Welltower's overall GF Score™ is 84/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Welltower (FRA:HCW), the current FCF Margin % is 20.01% as of Mar. 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 (FRA:HCW) Overvalued in 2026?

Based on GuruFocus' analysis, Welltower stock appears to be overvalued. The current stock price of €199.85 is trading 27.3% above its estimated GF Value™ of €157.04. GuruFocus considers Welltower to be Modestly Overvalued.

Key valuation signals for FRA:HCW:

  • FCF Margin %: 20.01% (30% below median its 10-year median of 28.68)
  • GF Value™: €157.04 vs. price of €199.85 (27.3% above fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 49.4% below the REITs median (#578 of 940)

No single metric tells the full story. See the FRA:HCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Welltower Business Description

Industry Real EstateREITs
Address 4500 Dorr Street, Toledo, OH, USA, 43615
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.
84GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€199.85
Price
€157.04
GF Value