In fiscal year 2025 Welltower reported $10.8B in revenue against American Tower's $10.6B, 1.02× as much.
| Measure | AMT | WELL | Gap |
|---|---|---|---|
| Revenue | $10.6B | $10.8B | ×1.02 |
| Cost of revenue | $43.1M | $6.5B | ×150.54 |
| Net income | $2.6B | $937M | ×2.81 |
| EPS (diluted) | 5.40 | 1.39 | ×3.88 |
| Total assets | $63.2B | $67.3B | ×1.07 |
| Total liabilities | $52.8B | $24.1B | ×2.19 |
| Shareholders' equity | $3.7B | $42.1B | ×11.53 |
| Cash | $1.5B | $5.0B | ×3.41 |
| Long-term debt | $33.8B | $19.2B | ×1.76 |
| Shares outstanding | 466M | 698M | ×1.50 |
| Net margin | 24.7% | 8.6% | ×2.86 |
| Operating cash flow | $5.5B | $2.9B | ×1.90 |
| Capital expenditure | $1.7B | $1.1B | ×1.60 |
| Free cash flow | $3.8B | $1.8B | ×2.07 |
| Dividends paid | $3.2B | $1.9B | ×1.69 |
| Income tax expense | $416M | −$7.1M | — |
| Share buybacks | $365M | $0 | — |
The larger of the two figures is in bold. Larger is not automatically better: on debt, cost and tax a bigger number is simply a bigger number. This site reports the figures and leaves the judgement to you.
Revenue, year by year
American Tower · 2016–2025
Welltower · 2011–2025
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=American Tower vs Welltower |url=https://companiesranked.com/en/compare/american-tower-vs-welltower |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). American Tower vs Welltower. CompaniesRanked. https://companiesranked.com/en/compare/american-tower-vs-welltowerBibTeX
@misc{companiesranked-en-compare-american-tower-vs-welltower-2026,
author = {{CompaniesRanked}},
title = {{American Tower vs Welltower}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/compare/american-tower-vs-welltower}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.