Welltower (WELL) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 38.7%
EBITDA Margin: 34.6%
Op. Margin: 16.1%
Net Margin: 22.4%

Op. margin of 16.1% is up 1.8% YoY — cost efficiency is improving. Net margin at 22.4% and gross margin of 38.7% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit