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).
Rising financing costs are absorbing a stable asset-revenue base while leverage climbs and cash generation gradually weakens.
Between FY2022 and FY2025, gross margin narrowed from66.4% to63.4% while revenue remained broadly stable, pointing to margin pressure rather than a demand-driven contraction. Meanwhile, interest expense rose from$150M to$267M , making financing a larger claim on a thinner operating spread.
In FY2025, operating cash flow of
Debt-to-equity rose from 2.0x to 2.9x between FY2022 and FY2025, making the capital structure more leveraged. Total equity fell from
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.
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.
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 $1.0B in revenue in fiscal year 2025. This represents an increase of 1.8% from the prior year.
Douglas Emmett Inc reported $16.3M in net income in fiscal year 2025. This represents a decrease of 30.8% from the prior year.
Douglas Emmett Inc earned $0.09 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 30.8% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Douglas Emmett Inc held $340.8M in cash against $5.5B in long-term debt as of fiscal year 2025.
Douglas Emmett Inc paid $0.76 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Douglas Emmett Inc's gross margin was 63.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.1 percentage points from the prior year.
Douglas Emmett Inc's net profit margin was 1.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.8 percentage points from the prior year.
Douglas Emmett Inc's ROE was 0.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Douglas Emmett Inc repurchased no shares in fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
DEI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $256.5M+2.2% | $251.0M+0.6% | $249.4M-0.5% | $250.6M-0.7% | $252.4M+0.4% | $251.5M+2.7% | $245.0M-2.3% | $250.8M |
| Gross Profit | $162.1M+1.4% | $159.9M+3.1% | $155.1M-2.7% | $159.4M-0.2% | $159.6M-1.4% | $161.9M+4.0% | $155.7M-0.2% | $156.0M |
| SG&A Expenses | $12.5M-8.1% | $13.6M+11.7% | $12.2M+12.8% | $10.8M-12.3% | $12.3M+7.2% | $11.5M-6.0% | $12.2M+20.6% | $10.1M |
| Interest Expense | $68.3M+5.8% | $64.5M-5.7% | $68.5M-6.0% | $72.8M+11.4% | $65.3M+8.8% | $60.1M-3.6% | $62.3M+9.7% | $56.8M |
| Net Income | -$2.7M-7.3% | -$2.5M+63.5% | -$6.8M+36.9% | -$10.9M-86.0% | -$5.8M-114.7% | $39.8M+4582.0% | -$888K-119.2% | $4.6M |
| EPS (Diluted) | -$0.020.0% | -$0.02+50.0% | -$0.04+42.9% | -$0.07-75.0% | -$0.04-116.7% | $0.24 | -$0.01 | $0.03 |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Operating Income, 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.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.6B+2.7% | $9.3B+0.2% | $9.3B-1.0% | $9.4B-0.5% | $9.4B-1.5% | $9.6B+1.9% | $9.4B-0.5% | $9.5B |
| Cash & Equivalents | $355.0M-0.6% | $357.2M+4.8% | $340.8M-16.6% | $408.5M-4.3% | $426.9M-18.8% | $525.7M+18.2% | $444.6M-18.3% | $544.2M |
| Accounts Receivable | $3.9M-10.5% | $4.4M+119.8% | $2.0M-38.2% | $3.2M+83.3% | $1.8M-53.3% | $3.8M-11.3% | $4.2M-3.0% | $4.4M |
| Total Liabilities | $6.0B+2.8% | $5.9B+1.0% | $5.8B-0.8% | $5.9B+0.3% | $5.8B-1.4% | $5.9B+3.1% | $5.7B-0.8% | $5.8B |
| Long-Term Debt | $5.7B+2.8% | $5.6B+0.3% | $5.5B-0.2% | $5.6B0.0% | $5.6B-1.3% | $5.6B+2.5% | $5.5B-0.3% | $5.5B |
| Total Equity | $1.8B-1.8% | $1.9B-1.7% | $1.9B-2.2% | $1.9B-2.5% | $2.0B-2.3% | $2.0B-0.6% | $2.1B-1.5% | $2.1B |
| Retained Earnings | -$1.6B-2.2% | -$1.5B-2.3% | -$1.5B-2.6% | -$1.5B-3.0% | -$1.4B-2.7% | -$1.4B+0.6% | -$1.4B-2.4% | -$1.4B |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, 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.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $96.1M-17.8% | $116.9M+85.2% | $63.2M-42.5% | $109.8M+35.0% | $81.3M-38.7% | $132.6M+79.0% | $74.1M-28.5% | $103.7M |
| Investing Cash Flow | -$338.5M-352.4% | -$74.8M+2.1% | -$76.4M+8.8% | -$83.8M-17.6% | -$71.2M-109.8% | -$33.9M+59.7% | -$84.2M-81.7% | -$46.3M |
| Financing Cash Flow | $240.0M+1035.4% | -$25.7M+52.9% | -$54.5M-22.7% | -$44.4M+59.2% | -$108.9M-518.1% | -$17.6M+80.3% | -$89.5M-20.5% | -$74.3M |
| Dividends Paid | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M0.0% | $31.8M |
| 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.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.2%-0.5pp | 63.7%+1.6pp | 62.2%-1.4pp | 63.6%+0.4pp | 63.2%-1.1pp | 64.4%+0.8pp | 63.5%+1.3pp | 62.2% |
| Net Margin | -1.1%-0.1pp | -1.0%+1.7pp | -2.7%+1.6pp | -4.3%-2.0pp | -2.3%-18.1pp | 15.8%+16.2pp | -0.4%-2.2pp | 1.8% |
| Return on Equity | -0.1%0.0pp | -0.1%+0.2pp | -0.4%+0.2pp | -0.6%-0.3pp | -0.3%-2.2pp | 1.9%+2.0pp | 0.0%-0.3pp | 0.2% |
| Return on Assets | 0.0%0.0pp | 0.0%0.0pp | -0.1%0.0pp | -0.1%-0.1pp | -0.1%-0.5pp | 0.4%+0.4pp | 0.0%-0.1pp | 0.1% |
| Debt-to-Equity | 3.11+0.1x | 2.97+0.1x | 2.91+0.1x | 2.85+0.1x | 2.780.0x | 2.75+0.1x | 2.670.0x | 2.64 |
Not reported in any period shown, so not listed: Operating Margin, Current Ratio, FCF Margin.
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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 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.