Welltower (WELL) Revenue — Quarter Ended Mar 31, 2024
Revenue increased during the quarter. The rise was reflected in both the sequential and year-over-year comparisons.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased during the quarter. The rise was reflected in both the sequential and year-over-year comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+7.7%
Change from the immediately preceding quarter.
Year-over-year
+20.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5B
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 |
|---|---|---|
| Jun 30, 2023 | $1.2B | -21.3% |
| Sep 30, 2023 | $1.2B | -18.6% |
| Dec 31, 2023 | $1.3B | +850.0% |
| Mar 31, 2024 | $1.4B | +20.2% |
Revenue performance
The quarter's revenue was higher than the immediately preceding quarter, extending the recent upward trend.
Quarterly comparison
Revenue also exceeded the level reported for the same quarter one year earlier, demonstrating year-over-year growth.
What to watch
The trajectory of revenue growth over the trailing four quarters warrants attention.