Douglas Emmett (DEI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Douglas Emmett

NYSE•Real Estate•REIT - Office

$11.42+0.14(0.01%)Market closed

Market Cap

$1.72B

P/S

1.7x

P/B

0.5x

Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed real estate investment trust , and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. Douglas Emmett, Inc. was incorporated in 1971 in Maryland and is based in Santa Monica, California.

How this company scores

AverageMetricSide Score: 40/100

Strongest: Balance Sheet & Red Flags (12/25); weakest: Cash & Earnings Quality (8/25).

Profitability11/25

Growth9/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality8/25

Strengths

Long cash runwayConsistent free cash flowImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 115.5x5y range 30.8x – 131.9x

Currently above its 14-quarter median.

P/S · 1.7x5y range 1.6x – 3.3x

Currently below its 20-quarter median.

P/B · 0.5x5y range 0.5x – 0.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg -9.6x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.72B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.01B
Q. Revenue: $256.55M
TTM EBITDA: $587.54M
TTM Op. Income: $191.46M
Q. Op. Income: $50.34M
TTM Net Income: $-22.88M
Q. Net Income: $-2.68M
EPS: $-0.02
Shares Out.: $167.49M

$1.01B in TTM revenue grew 0.8% YoY, reaching $256.55M last quarter. TTM EBITDA of $587.54M and TTM operating income of $191.46M show growth is flowing through to the bottom line. However, net income is negative at $22.88M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is up 1% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 63.2%
EBITDA Margin: 58.3%
Op. Margin: 19.6%
Net Margin: -1.0%

Op. margin of 19.6% is up 1.5% YoY — cost efficiency is improving. Net margin at -1.0% and gross margin of 63.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.7x
P/B Ratio: 0.5x

P/S of 1.7x and P/B of 0.5x. P/S is low relative to typical market levels. Over the past year, P/E is down 12% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $9.55B
Cash: $354.96M
Long-Term Debt: $5.72B
Book Value: $3.52B
D/E Ratio: 1.6
Debt/EBITDA: 38.2

With $9.55B in assets and $5.72B in long-term debt, D/E is 1.6and book value is $3.52B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 6 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $96.15M
TTM Free Cash Flow: $179.07M
FCF Margin: 17.8%
FCF / Net Income: -7.8

TTM FCF of $179.07M on $96.15M in operating cash flow. The FCF / Net Income ratio of -7.8x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 18% — an improving trend.