Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 10.67% is 66% above its 5-year average of 6.44%, around the middle of its 5-year range (-0.46%–22.37%).
2.24% below its 12-month average of 10.91%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 6.78%.
NET PROFIT MARGIN
10.67%
NET PROFIT MARGIN AVG TTM
10.91%
NET PROFIT MARGIN AVG 3Y
8.10%
NET PROFIT MARGIN AVG 5Y
6.44%
NET PROFIT MARGIN AVG 10Y
12.19%
NET PROFIT MARGIN AVG 15Y
13.24%
NET PROFIT MARGIN AVG 20Y
17.53%
CURRENT VS TTM AVG
-2.24%
CURRENT VS 3Y AVG
+31.69%
CURRENT VS 5Y AVG
+65.75%
CURRENT VS 10Y AVG
-12.45%
CURRENT VS 15Y AVG
-19.44%
CURRENT VS 20Y AVG
-39.14%
SECTOR MEDIAN · REAL ESTATE
22.38%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-52.33%
vs the sector median at left
Welltower Inc.
Market Cap
$170.33B
Net Profit Margin
10.67%
TTM Avg
10.91%
3Y Avg
8.10%
5Y Avg
6.44%
Market Cap
$126.84B
Net Profit Margin
45.79%
TTM Avg
42.15%
3Y Avg
44.69%
5Y Avg
45.65%
Market Cap
$100.67B
Net Profit Margin
15.60%
TTM Avg
11.95%
3Y Avg
11.36%
5Y Avg
9.86%
Market Cap
$83.44B
Net Profit Margin
30.88%
TTM Avg
23.02%
3Y Avg
19.79%
5Y Avg
21.27%
Market Cap
$67.29B
Net Profit Margin
11.67%
TTM Avg
16.13%
3Y Avg
14.41%
5Y Avg
17.56%
Market Cap
$66.65B
Net Profit Margin
66.39%
TTM Avg
56.13%
3Y Avg
48.26%
5Y Avg
43.53%
Market Cap
$55.63B
Net Profit Margin
41.80%
TTM Avg
40.56%
3Y Avg
58.16%
5Y Avg
56.07%
Market Cap
$54.91B
Net Profit Margin
N/A
TTM Avg
17.37%
3Y Avg
20.53%
5Y Avg
20.57%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Welltower Inc. (WELL) | $170.33B | 10.67% | 10.91% | 8.10% | 6.44% |
| Prologis, Inc. (PLD)vs › | $126.84B | 45.79% | 42.15% | 44.69% | 45.65% |
| Equinix, Inc. (EQIX)vs › | $100.67B | 15.60% | 11.95% | 11.36% | 9.86% |
| American Tower Corporation (AMT)vs › | $83.44B | 30.88% | 23.02% | 19.79% | 21.27% |
| Digital Realty Trust, Inc. (DLR)vs › | $67.29B | 11.67% | 16.13% | 14.41% | 17.56% |
| Simon Property Group, Inc. (SPG)vs › | $66.65B | 66.39% | 56.13% | 48.26% | 43.53% |
| Public Storage (PSA)vs › | $55.63B | 41.80% | 40.56% | 58.16% | 56.07% |
| Realty Income Corporation (O)vs › | $54.91B | N/A | 17.37% | 20.53% | 20.57% |
| Ventas, Inc. (VTR)vs › | $43.51B | 4.13% | 2.98% | 0.97% | 2.79% |
| CBRE Group, Inc. (CBRE)vs › | $40.85B | 2.98% | 2.78% | 3.30% | 3.83% |
Operating Margin
5.4%
Net Profit Margin
10.7%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 6.78% |
| 2026-03-31 | 22.04% |
| 2025-12-31 | 3.08% |
| 2025-09-30 | 10.68% |
| 2025-06-30 | 12.00% |
| 2025-03-31 | 10.80% |
| 2024-12-31 | 5.41% |
| 2024-09-30 | 22.37% |
| 2024-06-30 | 14.21% |
| 2024-03-31 | 6.95% |
| 2023-12-31 | 4.88% |
| 2023-09-30 | 7.84% |
| 2023-06-30 | 6.51% |
| 2023-03-31 | 1.65% |
| 2022-12-31 | -0.25% |
| 2022-09-30 | -0.46% |
| 2022-06-30 | 6.37% |
| 2022-03-31 | 4.46% |
| 2021-12-31 | 4.53% |
| 2021-09-30 | 14.57% |
| 2021-06-30 | 2.32% |
| 2021-03-31 | 6.84% |
| 2020-12-31 | 14.66% |
| 2020-09-30 | 31.53% |
| 2020-06-30 | 15.17% |
| 2020-03-31 | 24.72% |
| 2019-12-31 | 17.85% |
| 2019-09-30 | 46.74% |
| 2019-06-30 | 10.46% |
| 2019-03-31 | 22.18% |
| 2018-12-31 | 9.19% |
| 2018-09-30 | 6.17% |
| 2018-06-30 | 14.96% |
| 2018-03-31 | 41.08% |
| 2017-12-31 | -9.06% |
| 2017-09-30 | 7.90% |
| 2017-06-30 | 18.99% |
| 2017-03-31 | 31.83% |
| 2016-12-31 | 32.64% |
| 2016-09-30 | 32.64% |
| 2016-06-30 | 19.95% |
| 2016-03-31 | 15.85% |
| 2015-12-31 | 14.60% |
| 2015-09-30 | 20.31% |
| 2015-06-30 | 34.52% |
| 2015-03-31 | 23.30% |
| 2014-12-31 | 23.72% |
| 2014-09-30 | 18.04% |
| 2014-06-30 | 10.70% |
| 2014-03-31 | 8.28% |
| 2013-12-31 | 3.60% |
| 2013-09-30 | 4.77% |
| 2013-06-30 | 1.19% |
| 2013-03-31 | 11.39% |
| 2012-12-31 | 23.14% |
| 2012-09-30 | 11.70% |
| 2012-06-30 | 17.77% |
| 2012-03-31 | 14.06% |
| 2011-12-31 | 11.06% |
| 2011-09-30 | 14.52% |
| 2011-06-30 | 23.59% |
| 2011-03-31 | 13.04% |
| 2010-12-31 | 20.51% |
| 2010-09-30 | 0.46% |
| 2010-06-30 | 33.26% |
| 2010-03-31 | 21.54% |
| 2009-12-31 | 26.47% |
| 2009-09-30 | 17.59% |
| 2009-06-30 | 46.57% |
| 2009-03-31 | 48.00% |
| 2008-12-31 | 20.32% |
| 2008-09-30 | 42.57% |
| 2008-06-30 | 124.78% |
| 2008-03-31 | 27.95% |
| 2007-12-31 | 37.22% |
| 2007-09-30 | 25.98% |
| 2007-06-30 | 28.33% |
| 2007-03-31 | 26.92% |
| 2006-12-31 | 26.51% |
| 2006-09-30 | 34.03% |
| 2006-06-30 | 35.94% |
| 2006-03-31 | 32.86% |
| 2005-12-31 | 42.81% |
| 2005-09-30 | 35.99% |
| 2005-06-30 | 5.86% |
| 2005-03-31 | 35.64% |
| 2004-12-31 | 49.27% |
| 2004-09-30 | 35.29% |
| 2004-06-30 | 36.38% |
| 2004-03-31 | 35.08% |
| 2003-12-31 | 31.18% |
| 2003-09-30 | 51.54% |
| 2003-06-30 | 42.53% |
| 2003-03-31 | 43.72% |
| 2002-12-31 | 33.67% |
| 2002-09-30 | 49.23% |
