VTR vs. WELL: Ventas vs. Welltower Stock Comparison

Company Profile

Ventas (VTR) and Welltower (WELL) are both classified in the Health Care REITs sub-industry within the broader Health Care REITs industry, placing them in the closest GICS peer bucket.

Both Ventas (VTR) and Welltower (WELL) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Ventas (VTR) at 1.87% and Welltower (WELL) at 3.92% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Neither Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) nor Welltower (WELL) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) and Welltower (WELL) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both companies are growing quickly, but Welltower (WELL) at 35.82% is the standout with revenue growth above its industry range; Ventas (VTR) at 18.47% also sits in the top quartile.

EPS growth isn't a meaningful figure for either Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) or Welltower (WELL) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Welltower (WELL) at 1.66 keeps current ratio within its industry’s typical mid-range, while Ventas (VTR) at 0.37 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for VTR.

Welltower (WELL) at 0.42 keeps leverage in the lower industry quartile, while Ventas (VTR) at 0.77 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Both Ventas (VTR) at 2.29% and Welltower (WELL) at 1.30% offer bottom-quartile dividend income relative to share price versus industry peers.

An earnings-based payout ratio fits neither Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) nor Welltower (WELL) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Ventas (VTR) in Equity Real Estate Investment Trusts (REITs) or Welltower (WELL) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Ventas (VTR) at 6.96 is priced about in line with its industry on P/S ratio, while Welltower (WELL) at 13.03 sits in the pricier quartile — WELL costs more per dollar of sales.

Both Ventas (VTR) at 2.97 and Welltower (WELL) at 3.69 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

Valuation Metrics