Welltower (WELL) Revenue — Quarter Ended Dec 31, 2023
Revenue for the reported quarter increased compared to the prior quarter. It also rose dramatically from the same quarter a year ago.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the reported quarter increased compared to the prior quarter. It also rose dramatically from the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+5.3%
Change from the immediately preceding quarter.
Year-over-year
+850.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.1B | -18.9% |
| Jun 30, 2023 | $1.2B | -21.3% |
| Sep 30, 2023 | $1.2B | -18.6% |
| Dec 31, 2023 | $1.3B | +850.0% |
Revenue performance
The company reported higher revenue in the latest quarter, building on the level seen in the preceding period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher. On a year-over-year basis, the revenue figure was substantially above the same quarter last year.
What to watch
The significant year-over-year change in revenue is a notable item to monitor in subsequent reports.