AHR vs WELL

American Healthcare REIT, Inc. and Welltower, both Real Estate

Welltower is the larger company at $146B against $9.0B. On trailing earnings AHR is the cheaper of the two at a P/E of 98.6 against 120.2, a gap that is only a bargain if the two are growing at similar rates. Over the past year AHR returned +46% against +45% for WELL. Ryufin's sector-relative Smart Score puts WELL ahead, 8/10 against 6/10.

American Healthcare REIT, Inc. and Welltowercompared on valuation, return and Ryufin’s Smart Score
FigureAHRWELL
Last close$57.17$242
Market cap$9.0B$146B
Trailing P/Elower is cheaper for the same earnings, not automatically better98.6120.2
Dividend yield1.7%1.2%
1-year return+46%+45%
5-year returnn/a+215%
Ryufin Smart Scoresector-relative, 1–106/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

American Healthcare REIT, Inc.

Revenue of $651M in Q1 2026, net income $24M. Its largest reported line is Integrated Senior Health Campuses, 79% of the disclosed total.

Welltower

Revenue of $3.4B in Q1 2026, net income $752M. Its largest reported line is Management Service, 93% of the disclosed total.

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