Douglas Elliman Inc. (DOUG) Financials
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 10, 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 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DOUG SEC filings page.
Douglas Elliman Inc. (DOUG) reported $1.0B in revenue over the twelve months to Jun 30, 2026, down 2.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
Profit returned in FY2025, but negative operating cash flow shows reported earnings have not yet translated into cash.
Operating margin swung from-6.9% in FY2024 to4.4% in FY2025, yet net income of$15.2M accompanied operating cash flow of-$13.9M . That divergence means the accounting recovery did not convert into cash during the year.
SG&A fell from
The balance sheet is lightly debt-funded: long-term debt 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 Elliman 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 Elliman Inc. scores 17/100 on it among other REITs.
Not available for Douglas Elliman Inc., and counted as zero in the overall score.
Douglas Elliman Inc. held more cash than long-term debt at the end of fiscal year 2025, with $115.5M of cash against $0 of long-term debt. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and Douglas Elliman Inc. scores 97/100 among other REITs.
Douglas Elliman Inc.'s operating income of $45.5M covered its interest expense of $5.1M 8.97 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and Douglas Elliman Inc. scores 97/100 among other REITs.
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 Elliman Inc. scores 22/100 on it among other REITs.
Not available for Douglas Elliman Inc., and counted as zero in the overall score.
Douglas Elliman Inc. scores 2.81, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Douglas Elliman Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Douglas Elliman Inc. used $0.91 of operating cash (-$13.9M OCF vs $15.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Douglas Elliman Inc. earns $8.97 in operating income for every $1 of interest expense ($45.5M vs $5.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Douglas Elliman Inc. generated $283.4M in revenue in Q2 2026. This represents an increase of 4.5% from the same quarter a year earlier. Against the prior quarter it is up 32.2%.
Douglas Elliman Inc.'s EBITDA was -$1.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 56.7% from the same quarter a year earlier. Against the prior quarter it is up 90.7%.
Douglas Elliman Inc. reported -$2.7M in net income in Q2 2026. This represents an increase of 87.9% from the same quarter a year earlier. Against the prior quarter it is up 83.2%.
Douglas Elliman Inc. earned -$0.03 per diluted share (EPS) in Q2 2026. This represents an increase of 88.9% from the same quarter a year earlier. Against the prior quarter it is up 84.2%.
Cash & Balance Sheet
Douglas Elliman Inc. generated $10.9M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 2002.3% from the same quarter a year earlier. Against the prior quarter it is up 155.7%.
Douglas Elliman Inc. held $105.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Douglas Elliman Inc.'s operating margin was -1.2% in Q2 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.0 percentage points.
Douglas Elliman Inc.'s net profit margin was -1.0% in Q2 2026, showing the share of revenue converted to profit. This is up 7.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.6 percentage points.
Douglas Elliman Inc.'s ROE was -1.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 14.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.0 percentage points.
Not reported for Q2 2026.
Capital Allocation
Douglas Elliman Inc. invested $684K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 43.8% from the same quarter a year earlier. Against the prior quarter it is up 164.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
DOUG 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 | $283.4M+4.5% | $214.3M-15.4% | $245.4M+0.9% | $262.8M-1.3% | $271.4M-5.0% | $253.4M+26.6% | $243.3M+13.6% | $266.3M+5.9% |
| SG&A Expenses | $17.8M-32.0% | $23.2M-15.1% | $25.2M-32.3% | $32.2M+12.4% | $26.2M+5.3% | $27.3M+1.1% | $37.2M+12.6% | $28.7M-0.5% |
| Operating Income | -$3.4M+38.1% | -$17.5M-227.4% | $67.0M+512.2% | -$10.7M-43.4% | -$5.5M-50.6% | -$5.3M+87.1% | -$16.3M+31.0% | -$7.4M+15.8% |
| EBITDA | -$1.4M+56.7% | -$15.5M-349.8% | $69.1M+582.2% | -$8.5M-53.1% | -$3.3M-90.0% | -$3.4M+91.3% | -$14.3M+33.6% | -$5.5M+18.9% |
| Interest Expense | $2K-99.9% | $3K-99.8% | $421K-71.2% | $1.6M+7.7% | $1.5M+21971.4% | $1.5M+21757.1% | $1.5M | $1.5M+36425.0% |
| Income Tax | $0 | $0 | $3.5M+1513.9% | $11K | $0-100.0% | $0-100.0% | -$251K+96.1% | $0+100.0% |
| Net Income | -$2.7M+87.9% | -$16.3M-171.9% | $68.6M+1243.4% | -$24.7M+9.2% | -$22.7M-1262.6% | -$6.0M+85.6% | -$6.0M+59.6% | -$27.2M-458.6% |
| EPS (Basic) | -$0.03+88.9% | -$0.19-171.4% | $0.80+1242.9% | -$0.29+12.1% | -$0.27-1250.0% | -$0.07+86.0% | -$0.07+61.1% | -$0.33-450.0% |
| EPS (Diluted) | -$0.03+88.9% | -$0.19-171.4% | $0.80+1242.9% | -$0.29+12.1% | -$0.27-1250.0% | -$0.07+86.0% | -$0.07+61.1% | -$0.33-450.0% |
| Diluted Shares (Avg) | 86M+1.5% | 86M+1.5% | N/A | 85M+1.2% | 84M+1.4% | 84M+1.2% | N/A | 84M+1.6% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
DOUG 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 | $444.3M-9.1% | $435.2M-11.9% | $444.4M-10.0% | $480.6M-4.4% | $489.0M+5.4% | $493.9M+7.1% | $493.9M+0.1% | $502.7M-1.7% |
| Current Assets | $160.2M-16.7% | $151.2M-22.9% | $161.3M-17.7% | $192.9M-6.1% | $192.4M+19.2% | $196.0M+26.6% | $196.1M+8.2% | $205.5M+4.3% |
| Cash & Equivalents | $105.2M-22.8% | $96.0M-29.8% | $115.5M-14.9% | $143.0M-5.6% | $136.3M+46.8% | $136.8M+49.6% | $135.7M+13.2% | $151.4M+19.8% |
| Short-Term Investments | $0 | $0 | $0-100.0% | $0 | $0 | $0 | $9.8M | $0 |
| Accounts Receivable | $22.4M+8.0% | $20.5M-1.1% | $19.9M+1.6% | $17.8M-19.6% | $20.7M-24.6% | $20.7M+4.6% | $19.6M-10.1% | $22.1M-17.7% |
| Long-Term Investments | $9.3M-12.9% | $9.3M-13.3% | $10.5M+10.7% | $10.6M-5.8% | $10.7M-4.5% | $10.7M-5.9% | $9.5M-26.0% | $11.2M-14.4% |
| Goodwill | $32.2M0.0% | $32.2M0.0% | $32.2M0.0% | $32.2M0.0% | $32.2M0.0% | $32.2M0.0% | $32.2M0.0% | $32.2M0.0% |
| Total Liabilities | $277.3M-21.1% | $267.1M-20.4% | $261.1M-21.2% | $365.8M+11.3% | $351.4M+31.9% | $335.8M+26.6% | $331.5M+27.8% | $328.7M+24.8% |
| Current Liabilities | $105.1M+8.5% | $102.4M+1.7% | $98.7M+7.1% | $100.6M+12.2% | $96.9M+6.6% | $100.6M+8.8% | $92.2M-5.2% | $89.7M-3.6% |
| Non-Current Liabilities | $172.3M-32.3% | $164.8M-29.9% | $162.5M-32.1% | $265.2M+10.9% | $254.5M+45.0% | $235.1M+36.1% | $239.3M+47.7% | $239.1M+40.3% |
| Long-Term Debt | N/A | N/A | $0-100.0% | $34.7M+8.2% | $34.0M | $33.3M | $32.7M | $32.1M |
| Total Equity | $167.0M+21.3% | $168.1M+6.2% | $183.9M+13.4% | $115.1M-33.7% | $137.6M-30.1% | $158.2M-18.9% | $162.2M-30.5% | $173.6M-29.6% |
| Retained Earnings | -$127.7M+16.3% | -$124.9M+3.8% | -$108.6M+12.3% | -$177.2M-50.3% | -$152.5M-68.2% | -$129.9M-45.9% | -$123.9M-160.5% | -$117.9M-260.4% |
Not reported in any period shown, so not listed: Inventory.
DOUG 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 | $11.6M+1704.5% | -$19.3M-244.3% | -$14.4M-60.3% | $5.5M-39.0% | $643K-51.2% | -$5.6M+79.4% | -$9.0M-239.7% | $9.0M+294.0% |
| Depreciation & Amortization | $2.0M-10.4% | $2.0M+5.2% | $2.1M+7.6% | $2.2M+15.0% | $2.2M+15.0% | $1.9M-4.1% | $1.9M-3.4% | $1.9M-5.1% |
| Stock-Based Compensation | N/A | $1.2M-42.6% | N/A | N/A | N/A | $2.0M-39.3% | N/A | N/A |
| Capital Expenditures | $684K-43.8% | $259K-75.0% | $312K-75.3% | $790K-39.5% | $1.2M+37.4% | $1.0M-50.3% | $1.3M+65.3% | $1.3M+70.5% |
| Free Cash Flow | $10.9M+2002.3% | -$19.6M-194.7% | -$14.7M-43.6% | $4.7M-38.9% | -$574K-232.9% | -$6.7M+77.4% | -$10.2M-200.6% | $7.7M+242.2% |
| Investing Cash Flow | -$680K+44.8% | -$391K-104.5% | $82.2M+1820.6% | $718K+152.0% | -$1.2M-180.6% | $8.8M+506.9% | -$4.8M-2018.5% | -$1.4M-77.8% |
| Financing Cash Flow | N/A | N/A | -$96.0M-7342.6% | $1K-100.0% | N/A | N/A | -$1.3M+34.8% | $46.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
Not reported in any period shown, so not listed: Share Buybacks.
DOUG 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 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -1.2%+0.8pp | -8.2%-6.1pp | 27.3%+34.0pp | -4.0%-1.3pp | -2.0%-0.8pp | -2.1%+18.6pp | -6.7%+4.3pp | -2.8%+0.7pp |
| Net Margin | -1.0%+7.4pp | -7.6%-5.2pp | 27.9%+30.4pp | -9.4%+0.8pp | -8.4%-7.8pp | -2.4%+18.4pp | -2.5%+4.5pp | -10.2%-8.3pp |
| Return on Equity | -1.6%+14.8pp | -9.7%-5.9pp | 37.3%+41.0pp | -21.5%-5.8pp | -16.5%-15.6pp | -3.8%+17.5pp | -3.7%+2.7pp | -15.7%-13.7pp |
| Return on Assets | -0.6%+4.0pp | -3.7%-2.5pp | 15.4%+16.6pp | -5.1%+0.3pp | -4.6%-4.3pp | -1.2%+7.8pp | -1.2%+1.8pp | -5.4%-4.5pp |
| Current Ratio | 1.52-0.5x | 1.48-0.5x | 1.63-0.5x | 1.92-0.4x | 1.99+0.2x | 1.95+0.3x | 2.13+0.3x | 2.29+0.2x |
| Debt-to-Equity | 1.66+1.4x | 1.59+1.4x | 0.00-0.2x | 0.30+0.1x | 0.25-1.1x | 0.21-1.1x | 0.20+0.2x | 0.18-0.9x |
| Asset Turnover | 0.64+0.1x | 0.490.0x | 0.55+0.1x | 0.550.0x | 0.55-0.1x | 0.51+0.1x | 0.49+0.1x | 0.530.0x |
| FCF Margin | 3.9%+4.1pp | -9.2%-6.5pp | -6.0%-1.8pp | 1.8%-1.1pp | -0.2%-0.4pp | -2.6%+12.0pp | -4.2%-2.6pp | 2.9%+5.0pp |
Not reported in any period shown, so not listed: Gross 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 Elliman Inc. DOUG | FY2025 | $1.0B | $15.2M | 1.5% | $140.9M | 39/100 |
| New England Realty Associates Limited Partnership NEN | FY2025 | $89.2M | $6.0M | 6.8% | $173.4M | 40/100 |
| Seritage Growth Properties SRG | FY2025 | $18.2M | -$68.2M | N/A | $90.1M | 1/100 |
| The RMR Group Inc. RMR | FY2025 | $700.3M | $17.6M | 2.5% | $302.5M | 47/100 |
| American Realty Investors, Inc. ARL | FY2025 | $50.0M | $15.7M | 31.4% | $265.7M | 23/100 |
| Comstock Holding Companies, Inc. CHCI | FY2025 | $62.9M | $17.1M | 27.1% | $192.4M | 48/100 |
Where Douglas Elliman Inc. Ranks
Frequently Asked Questions
What is Douglas Elliman Inc.'s annual revenue?
Douglas Elliman Inc. (DOUG) reported $1.0B in total revenue for fiscal year 2025. This represents a 3.8% 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 Elliman Inc.'s revenue growing?
Douglas Elliman Inc. (DOUG) revenue grew by 3.8% year-over-year, from $995.6M to $1.0B in fiscal year 2025.
Is Douglas Elliman Inc. profitable?
Yes, Douglas Elliman Inc. (DOUG) reported a net income of $15.2M in fiscal year 2025, with a net profit margin of 1.5%.
What is Douglas Elliman Inc.'s EBITDA?
Douglas Elliman Inc. (DOUG) had EBITDA of $53.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Douglas Elliman Inc. have?
As of fiscal year 2025, Douglas Elliman Inc. (DOUG) had $115.5M in cash and equivalents against $0 in long-term debt.
What is Douglas Elliman Inc.'s operating margin?
Douglas Elliman Inc. (DOUG) had an operating margin of 4.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Douglas Elliman Inc.'s net profit margin?
Douglas Elliman Inc. (DOUG) had a net profit margin of 1.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Douglas Elliman Inc.'s return on equity (ROE)?
Douglas Elliman Inc. (DOUG) has a return on equity of 8.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Douglas Elliman Inc.'s free cash flow?
Douglas Elliman Inc. (DOUG) recorded an outflow of $17.2M in free cash flow during fiscal year 2025. This represents a 45.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Douglas Elliman Inc.'s operating cash flow?
Douglas Elliman Inc. (DOUG) recorded an outflow of $13.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Douglas Elliman Inc.'s total assets?
Douglas Elliman Inc. (DOUG) had $444.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Douglas Elliman Inc.'s capital expenditures?
Douglas Elliman Inc. (DOUG) invested $3.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Douglas Elliman Inc.'s current ratio?
Douglas Elliman Inc. (DOUG) had a current ratio of 1.63 as of fiscal year 2025, which is generally considered healthy.
What is Douglas Elliman Inc.'s debt-to-equity ratio?
Douglas Elliman Inc. (DOUG) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Douglas Elliman Inc.'s return on assets (ROA)?
Douglas Elliman Inc. (DOUG) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Douglas Elliman Inc.'s P/E ratio?
Douglas Elliman Inc. (DOUG) trades at 5.7x earnings, its market capitalization divided by net income of $24.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $140.9M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Douglas Elliman Inc.'s price-to-sales ratio?
Douglas Elliman Inc. (DOUG) trades at 0.1x sales, its market capitalization divided by revenue of $1.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $140.9M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Douglas Elliman Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Douglas Elliman Inc. (DOUG) held $126.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $13.9M over that year. Dividing the one by the other, the reported balance equals about 109 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Douglas Elliman Inc.'s Altman Z-Score?
Douglas Elliman Inc. (DOUG) has an Altman Z-Score of 2.81, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Douglas Elliman Inc.'s Piotroski F-Score?
Douglas Elliman Inc. (DOUG) has a Piotroski F-Score of 5 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 Elliman Inc.'s earnings high quality?
For every $1 of reported earnings, Douglas Elliman Inc. (DOUG) used $0.91 of operating cash (-$13.9M OCF vs $15.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.
Can Douglas Elliman Inc. cover its interest payments?
Douglas Elliman Inc. (DOUG) has an interest coverage ratio of 8.97x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Douglas Elliman Inc.?
Douglas Elliman Inc. (DOUG) scores 39 out of 100 on our Financial Health Score, indicating weak 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.