A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DEI SEC filings page.
Douglas Emmett, Inc. (DEI) reported $1.0B in revenue over the twelve months to Jun 30, 2026, up 0.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Douglas Emmett’s reported earnings are thin and volatile, while operating cash generation remains substantial amid rising balance-sheet leverage.
In FY2025, operating cash flow was 23.8x net income, so accounting profit substantially understates cash produced by operations. The same mismatch appeared in FY2023: the company reported a net loss of$42.7M while operating cash flow was$427.0M , pointing to depreciation and financing costs shaping reported earnings.
Leverage, not expansion, is the clearest balance-sheet trend: debt-to-equity rose from 2.1x in FY2021 to 2.9x in FY2025, leaving the financing mix more debt-dependent as the asset base remained broadly flat. That places cash generation alongside a thinner equity cushion rather than a growing asset base.
Revenue was
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Douglas Emmett, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Douglas Emmett, Inc. scores 66/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Douglas Emmett, Inc. scores 36/100 on it among other REITs.
Not available for Douglas Emmett, Inc., and counted as zero in the overall score.
Not available for Douglas Emmett, Inc., and counted as zero in the overall score.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Douglas Emmett, Inc. scores 69/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Douglas Emmett, Inc. scores 91/100 on it among other REITs.
Douglas Emmett, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Douglas Emmett, Inc. reported $16.3M of net income while generating $386.9M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
Key Financial Metrics
Earnings & Revenue
Douglas Emmett, Inc. generated $256.5M in revenue in Q2 2026. This represents an increase of 1.6% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.
Douglas Emmett, Inc. reported -$2.7M in net income in Q2 2026. This represents an increase of 54.1% from the same quarter a year earlier. Against the prior quarter it is down 7.3%.
Douglas Emmett, Inc. earned -$0.02 per diluted share (EPS) in Q2 2026. This represents an increase of 50.0% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Cash & Balance Sheet
Douglas Emmett, Inc. held $355.0M in cash against $5.7B in long-term debt as of Q2 2026.
Douglas Emmett, Inc. paid $0.19 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Douglas Emmett, Inc.'s gross margin was 63.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.
Douglas Emmett, Inc.'s net profit margin was -1.1% in Q2 2026, showing the share of revenue converted to profit. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.
Douglas Emmett, Inc.'s ROE was -0.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
DEI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $256.5M+1.6% | $251.0M-0.2% | $249.4M+1.8% | $250.6M-0.1% | $252.4M+2.7% | $251.5M+2.7% | $245.0M-5.5% | $250.8M-1.8% |
| Gross Profit | $162.1M+1.6% | $159.9M-1.2% | $155.1M-0.4% | $159.4M+2.2% | $159.6M-1.9% | $161.9M0.0% | $155.7M-7.5% | $156.0M-4.6% |
| SG&A Expenses | $12.5M+1.6% | $13.6M+18.5% | $12.2M-0.3% | $10.8M+6.6% | $12.3M+6.9% | $11.5M-1.0% | $12.2M-16.2% | $10.1M-21.2% |
| Interest Expense | $68.3M+4.5% | $64.5M+7.4% | $68.5M+9.8% | $72.8M+28.1% | $65.3M+18.9% | $60.1M+8.6% | $62.3M+8.2% | $56.8M+1.4% |
| Net Income | -$2.7M+54.1% | -$2.5M-106.3% | -$6.8M-670.7% | -$10.9M-335.0% | -$5.8M-153.6% | $39.8M+346.7% | -$888K+97.8% | $4.6M+134.6% |
| EPS (Basic) | -$0.02+50.0% | -$0.02-108.3% | -$0.04-300.0% | -$0.07-333.3% | -$0.04-166.7% | $0.24+380.0% | -$0.01+95.8% | $0.03+137.5% |
| EPS (Diluted) | -$0.02+50.0% | -$0.02-108.3% | -$0.04 | -$0.07-333.3% | -$0.04-166.7% | $0.24+380.0% | -$0.01 | $0.03+137.5% |
| Diluted Shares (Avg) | 167M0.0% | 167M0.0% | N/A | 167M0.0% | 167M0.0% | 167M+0.1% | N/A | 167M+0.4% |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Operating Income, EBITDA, Income Tax.
DEI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.6B+1.2% | $9.3B-2.9% | $9.3B-1.2% | $9.4B-0.7% | $9.4B-1.4% | $9.6B-0.6% | $9.4B-2.5% | $9.5B-4.0% |
| Cash & Equivalents | $355.0M-16.8% | $357.2M-32.0% | $340.8M-23.4% | $408.5M-24.9% | $426.9M-23.9% | $525.7M-5.6% | $444.6M-15.0% | $544.2M+3.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $3.9M+122.8% | $4.4M+16.3% | $2.0M-53.1% | $3.2M-26.3% | $1.8M-67.1% | $3.8M-34.9% | $4.2M-30.4% | $4.4M-48.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.0B+3.3% | $5.9B-0.9% | $5.8B+1.2% | $5.9B+1.2% | $5.8B+0.7% | $5.9B+1.8% | $5.7B-0.9% | $5.8B-0.8% |
| Long-Term Debt | $5.7B+2.9% | $5.6B-1.2% | $5.5B+0.9% | $5.6B+0.9% | $5.6B+0.3% | $5.6B+1.6% | $5.5B-0.8% | $5.5B-0.5% |
| Total Equity | $1.8B-8.0% | $1.9B-8.5% | $1.9B-7.5% | $1.9B-6.8% | $2.0B-7.6% | $2.0B-7.1% | $2.1B-7.3% | $2.1B-10.6% |
| Retained Earnings | -$1.6B-10.5% | -$1.5B-11.1% | -$1.5B-8.0% | -$1.5B-7.7% | -$1.4B-6.7% | -$1.4B-5.5% | -$1.4B-8.0% | -$1.4B-11.8% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities.
DEI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $96.1M+18.3% | $116.9M-11.8% | $63.2M-14.8% | $109.8M+5.9% | $81.3M-11.5% | $132.6M-4.6% | $74.1M-21.8% | $103.7M+14.6% |
| Depreciation & Amortization | $99.3M-2.4% | $97.4M-0.4% | $98.2M+2.7% | $101.2M+4.1% | $101.7M+6.5% | $97.8M+2.2% | $95.6M-22.4% | $97.2M-20.4% |
| Stock-Based Compensation | $2.5M+3.7% | $2.7M-0.4% | N/A | $2.4M+4.8% | $2.4M-0.8% | $2.7M-4.6% | N/A | $2.3M-2.2% |
| Investing Cash Flow | -$338.5M-375.2% | -$74.8M-120.4% | -$76.4M+9.3% | -$83.8M-80.8% | -$71.2M-49.1% | -$33.9M+45.6% | -$84.2M-58.2% | -$46.3M+23.3% |
| Financing Cash Flow | $240.0M+320.5% | -$25.7M-45.7% | -$54.5M+39.2% | -$44.4M+40.2% | -$108.9M-174.3% | -$17.6M+59.0% | -$89.5M-100.3% | -$74.3M-131.9% |
| Dividends Paid | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M+0.1% | $31.8M+0.4% | $31.8M+0.4% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
DEI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.2%0.0pp | 63.7%-0.7pp | 62.2%-1.4pp | 63.6%+1.4pp | 63.2%-3.0pp | 64.4%-1.7pp | 63.5%-1.4pp | 62.2%-1.8pp |
| Net Margin | -1.1%+1.3pp | -1.0%-16.8pp | -2.7%-2.4pp | -4.3%-6.2pp | -2.3%-6.7pp | 15.8%+12.2pp | -0.4%+15.2pp | 1.8%+7.1pp |
| Return on Equity | -0.1%+0.1pp | -0.1%-2.1pp | -0.4%-0.3pp | -0.6%-0.8pp | -0.3%-0.8pp | 1.9%+1.5pp | 0.0%+1.8pp | 0.2%+0.8pp |
| Return on Assets | 0.0%0.0pp | 0.0%-0.4pp | -0.1%-0.1pp | -0.1%-0.2pp | -0.1%-0.2pp | 0.4%+0.3pp | 0.0%+0.4pp | 0.1%+0.2pp |
| Debt-to-Equity | 3.11+0.3x | 2.97+0.2x | 2.91+0.2x | 2.85+0.2x | 2.78+0.2x | 2.75+0.2x | 2.67+0.2x | 2.64+0.3x |
| Asset Turnover | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x |
Not reported in any period shown, so not listed: Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Douglas Emmett, Inc. DEI | FY2025 | $1.0B | $16.3M | 1.6% | $2.0B | 44/100 |
| COPT Defense Properties CDP | FY2025 | $763.9M | $159.5M | 20.9% | $3.8B | 50/100 |
| SL Green Realty Corp. SLG | FY2025 | $1.0B | -$96.9M | -9.7% | $3.5B | 27/100 |
| Hudson Pacific Properties, Inc. HPP | FY2025 | $831.1M | -$592.3M | -71.3% | $661.0M | 6/100 |
| Kilroy Realty Corp. KRC | FY2025 | $1.1B | $303 | 0.0% | $4.0B | 34/100 |
| Cousins Properties Inc. CUZ | FY2025 | $993.8M | $40.5M | 4.1% | $4.6B | 71/100 |
Where Douglas Emmett, Inc. Ranks
Frequently Asked Questions
What is Douglas Emmett, Inc.'s annual revenue?
Douglas Emmett, Inc. (DEI) reported $1.0B in total revenue for fiscal year 2025. This represents a 1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Douglas Emmett, Inc.'s revenue growing?
Douglas Emmett, Inc. (DEI) revenue grew by 1.8% year-over-year, from $986.5M to $1.0B in fiscal year 2025.
Is Douglas Emmett, Inc. profitable?
Yes, Douglas Emmett, Inc. (DEI) reported a net income of $16.3M in fiscal year 2025, with a net profit margin of 1.6%.
How much debt does Douglas Emmett, Inc. have?
As of fiscal year 2025, Douglas Emmett, Inc. (DEI) had $340.8M in cash and equivalents against $5.5B in long-term debt.
What is Douglas Emmett, Inc.'s gross margin?
Douglas Emmett, Inc. (DEI) had a gross margin of 63.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Douglas Emmett, Inc.'s net profit margin?
Douglas Emmett, Inc. (DEI) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Douglas Emmett, Inc. pay dividends?
Yes, Douglas Emmett, Inc. (DEI) paid $0.76 per share in dividends during fiscal year 2025.
What is Douglas Emmett, Inc.'s return on equity (ROE)?
Douglas Emmett, Inc. (DEI) has a return on equity of 0.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Douglas Emmett, Inc.'s operating cash flow?
Douglas Emmett, Inc. (DEI) generated $386.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Douglas Emmett, Inc.'s total assets?
Douglas Emmett, Inc. (DEI) had $9.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Douglas Emmett, Inc.'s debt-to-equity ratio?
Douglas Emmett, Inc. (DEI) had a debt-to-equity ratio of 2.91 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Douglas Emmett, Inc.'s return on assets (ROA)?
Douglas Emmett, Inc. (DEI) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Douglas Emmett, Inc.'s P/E ratio?
Douglas Emmett, Inc. (DEI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $2.0B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Douglas Emmett, Inc.'s price-to-sales ratio?
Douglas Emmett, Inc. (DEI) trades at 2.0x sales, its market capitalization divided by revenue of $1.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.0B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Douglas Emmett, Inc.'s Piotroski F-Score?
Douglas Emmett, Inc. (DEI) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Douglas Emmett, Inc.'s earnings high quality?
Douglas Emmett, Inc. (DEI) reported $16.3M of net income while generating $386.9M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Douglas Emmett, Inc.?
Douglas Emmett, Inc. (DEI) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.