BXP vs. WELL: A Head-to-Head Stock Comparison

Updated on August 22, 2025

Here’s a clear look at BXP and WELL, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both BXP and WELL are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

Symbol	BXP	WELL
Company Name	BXP, Inc.	Welltower Inc.
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Office REITs	Health Care REITs
Market Capitalization	11.58 billion USD	109.05 billion USD
Exchange	NYSE	NYSE
Listing Date	June 18, 1997	March 19, 1980
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of BXP and WELL by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BXP vs. WELL: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	BXP	WELL
5-Day Price Return	-0.29%	-3.91%
13-Week Price Return	-1.65%	11.96%
26-Week Price Return	-9.52%	14.50%
52-Week Price Return	-2.53%	39.80%
Month-to-Date Return	0.11%	-1.23%
Year-to-Date Return	-11.91%	29.37%
10-Day Avg. Volume	2.11M	2.71M
3-Month Avg. Volume	1.68M	2.93M
3-Month Volatility	31.28%	20.60%
Beta	1.24	0.92

Profitability

Return on Equity (TTM)

BXP

0.09%

Office REITs Industry

Max: 9.47%
Q3: 6.07%
Median: 3.22%
Q1: 0.83%
Min: -0.08%

BXP’s Return on Equity of 0.09% is in the lower quartile for the Office REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

WELL

3.42%

Health Care REITs Industry

Max: 10.72%
Q3: 6.35%
Median: 5.14%
Q1: 1.99%
Min: 1.33%

WELL’s Return on Equity of 3.42% is on par with the norm for the Health Care REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

BXP vs. WELL: A comparison of their Return on Equity (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Net Profit Margin (TTM)

BXP

0.14%

Office REITs Industry

Max: 74.75%
Q3: 44.46%
Median: 31.39%
Q1: 5.85%
Min: -0.35%

In the Office REITs industry, Net Profit Margin is often not the primary profitability metric.

WELL

12.18%

Health Care REITs Industry

Max: 65.42%
Q3: 41.17%
Median: 26.13%
Q1: 5.90%
Min: -44.62%

In the Health Care REITs industry, Net Profit Margin is often not the primary profitability metric.

BXP vs. WELL: A comparison of their Net Profit Margin (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Operating Profit Margin (TTM)

BXP

29.78%

Office REITs Industry

Max: 91.62%
Q3: 51.67%
Median: 42.78%
Q1: 23.56%
Min: 14.93%

In the Office REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

WELL

14.52%

Health Care REITs Industry

Max: 86.51%
Q3: 46.69%
Median: 36.79%
Q1: 14.52%
Min: -33.46%

In the Health Care REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

BXP vs. WELL: A comparison of their Operating Profit Margin (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Profitability at a Glance

Symbol	BXP	WELL
Return on Equity (TTM)	0.09%	3.42%
Return on Assets (TTM)	0.02%	2.16%
Net Profit Margin (TTM)	0.14%	12.18%
Operating Profit Margin (TTM)	29.78%	14.52%
Gross Profit Margin (TTM)	60.37%	40.56%

Financial Strength

Current Ratio (MRQ)

BXP

1.13

Office REITs Industry

Max: 1.49
Q3: 1.22
Median: 0.67
Q1: 0.44
Min: 0.14

BXP’s Current Ratio of 1.13 aligns with the median group of the Office REITs industry, indicating that its short-term liquidity is in line with its sector peers.

WELL

1.92

Health Care REITs Industry

Max: 3.23
Q3: 1.92
Median: 1.21
Q1: 0.19
Min: 0.07

WELL’s Current Ratio of 1.92 aligns with the median group of the Health Care REITs industry, indicating that its short-term liquidity is in line with its sector peers.

BXP vs. WELL: A comparison of their Current Ratio (MRQ) against their respective Office REITs and Health Care REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

BXP

3.08

Office REITs Industry

Max: 1.62
Q3: 1.32
Median: 0.87
Q1: 0.73
Min: 0.42

With a Debt-to-Equity Ratio of 3.08, BXP operates with exceptionally high leverage compared to the Office REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

WELL

0.45

Health Care REITs Industry

Max: 1.14
Q3: 1.00
Median: 0.89
Q1: 0.65
Min: 0.28

Falling into the lower quartile for the Health Care REITs industry, WELL’s Debt-to-Equity Ratio of 0.45 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

BXP vs. WELL: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Office REITs and Health Care REITs industry benchmarks.

Interest Coverage Ratio (TTM)

BXP

1.09

Office REITs Industry

Max: 3.98
Q3: 3.37
Median: 1.66
Q1: 1.16
Min: 0.14

In the lower quartile for the Office REITs industry, BXP’s Interest Coverage Ratio of 1.09 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

WELL

1.96

Health Care REITs Industry

Max: 5.10
Q3: 3.14
Median: 1.96
Q1: 1.08
Min: -1.73

WELL’s Interest Coverage Ratio of 1.96 is positioned comfortably within the norm for the Health Care REITs industry, indicating a standard and healthy capacity to cover its interest payments.

BXP vs. WELL: A comparison of their Interest Coverage Ratio (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Financial Strength at a Glance

Symbol	BXP	WELL
Current Ratio (MRQ)	1.13	1.92
Quick Ratio (MRQ)	1.08	1.92
Debt-to-Equity Ratio (MRQ)	3.08	0.45
Interest Coverage Ratio (TTM)	1.09	1.96

Growth

Revenue Growth

BXP vs. WELL: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BXP vs. WELL: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BXP

6.86%

Office REITs Industry

Max: 6.88%
Q3: 5.94%
Median: 4.58%
Q1: 3.82%
Min: 1.22%

With a Dividend Yield of 6.86%, BXP offers a more attractive income stream than most of its peers in the Office REITs industry, signaling a strong commitment to shareholder returns.

WELL

1.50%

Health Care REITs Industry

Max: 8.28%
Q3: 6.85%
Median: 5.55%
Q1: 4.58%
Min: 1.56%

WELL’s Dividend Yield of 1.50% is below the typical range for the Health Care REITs industry. This indicates that shareholder returns are likely driven more by potential capital appreciation than by dividend income.

BXP vs. WELL: A comparison of their Dividend Yield (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Dividend Payout Ratio (TTM)

BXP

222.09%

Office REITs Industry

Max: 231.12%
Q3: 180.65%
Median: 94.76%
Q1: 87.60%
Min: 1.02%

BXP’s Dividend Payout Ratio of 222.09% is in the upper quartile for the Office REITs industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

WELL

150.35%

Health Care REITs Industry

Max: 234.45%
Q3: 210.75%
Median: 158.46%
Q1: 117.20%
Min: 0.00%

WELL’s Dividend Payout Ratio of 150.35% is within the typical range for the Health Care REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BXP vs. WELL: A comparison of their Dividend Payout Ratio (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Dividend at a Glance

Symbol	BXP	WELL
Dividend Yield (TTM)	6.86%	1.50%
Dividend Payout Ratio (TTM)	222.09%	150.35%

Valuation

Price-to-Earnings Ratio (TTM)

BXP

2,046.22

Office REITs Industry

Max: 48.29
Q3: 44.14
Median: 23.60
Q1: 18.77
Min: 6.08

The P/E Ratio is often not the primary metric for valuation in the Office REITs industry.

WELL

100.33

Health Care REITs Industry

Max: 96.07
Q3: 55.85
Median: 27.80
Q1: 24.06
Min: 14.42

The P/E Ratio is often not the primary metric for valuation in the Health Care REITs industry.

BXP vs. WELL: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

BXP

2.92

Office REITs Industry

Max: 14.09
Q3: 9.33
Median: 6.96
Q1: 4.25
Min: 2.65

In the lower quartile for the Office REITs industry, BXP’s P/S Ratio of 2.92 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

WELL

12.22

Health Care REITs Industry

Max: 18.19
Q3: 10.43
Median: 6.09
Q1: 4.41
Min: 2.67

WELL’s P/S Ratio of 12.22 is in the upper echelon for the Health Care REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

BXP vs. WELL: A comparison of their Price-to-Sales Ratio (TTM) against their respective Office REITs and Health Care REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

BXP

2.03

Office REITs Industry

Max: 2.06
Q3: 1.34
Median: 1.02
Q1: 0.68
Min: 0.57

BXP’s P/B Ratio of 2.03 is in the upper tier for the Office REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

WELL

2.80

Health Care REITs Industry

Max: 2.80
Q3: 2.26
Median: 1.54
Q1: 0.86
Min: 0.76

WELL’s P/B Ratio of 2.80 is in the upper tier for the Health Care REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

BXP vs. WELL: A comparison of their Price-to-Book Ratio (MRQ) against their respective Office REITs and Health Care REITs industry benchmarks.

Valuation at a Glance

Symbol	BXP	WELL
Price-to-Earnings Ratio (TTM)	2,046.22	100.33
Price-to-Sales Ratio (TTM)	2.92	12.22
Price-to-Book Ratio (MRQ)	2.03	2.80
Price-to-Free Cash Flow Ratio (TTM)	105.45	43.37