DEI Chart
About

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.

Fundamentals
Scroll to Statements
Sector Real Estate Industry REIT - Office Market Cap 2.01B
Enterprise Value 8.43B Income 14.80M Sales 1.00B
Book/sh 11.37 Cash/sh 2.17 Dividend Yield 7.68%
Payout 8.44% Employees 778 IPO —
P/E 109.89 Forward P/E -73.76 PEG —
P/S 2.00 P/B 0.87 P/C —
EV/EBITDA 14.42 EV/Sales 8.40 Quick Ratio 0.35
Current Ratio 0.38 Debt/Eq 160.18 LT Debt/Eq —
EPS (ttm) 0.09 EPS next Y -0.13 EPS Growth —
Revenue Growth 1.50% Earnings 2026-05-05 ROA 1.27%
ROE -0.32% ROIC — Gross Margin 63.35%
Oper. Margin 17.94% Profit Margin 1.62% Shs Outstand 167.46M
Shs Float 162.09M Short Float 25.36% Short Ratio 9.11
Short Interest — 52W High 17.47 52W Low 9.53
Beta 1.14 Avg Volume 2.53M Volume 1.85M
Target Price $12.25 Recom Hold Prev Close $10.50
Price $9.89 Change -5.81%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$12.25
Mean price target
2. Current target
$9.89
Latest analyst target
3. DCF / Fair value
$53.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.89
Low
$10.00
High
$15.00
Mean
$12.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-18 main Citigroup Neutral → Neutral $10
2026-02-17 main Piper Sandler Neutral → Neutral $11
2026-02-11 main Evercore ISI Group In-Line → In-Line $12
2026-01-14 down Scotiabank Sector Outperform → Sector Perform $13
2025-11-25 main Wells Fargo Overweight → Overweight $15
2025-11-25 main JP Morgan Neutral → Neutral $16
2025-11-17 main Scotiabank Sector Outperform → Sector Outperform $16
2025-11-06 main Cantor Fitzgerald Neutral → Neutral $13
2025-11-06 down Piper Sandler Overweight → Neutral $14
2025-10-01 init Cantor Fitzgerald — → Neutral $16
2025-09-18 main Piper Sandler Overweight → Overweight $19
2025-08-28 main Scotiabank Sector Outperform → Sector Outperform $18
2025-08-27 main Wells Fargo Overweight → Overweight $20
2025-07-16 up BMO Capital Underperform → Market Perform $17
2025-07-14 main Scotiabank Sector Outperform → Sector Outperform $19
2025-05-23 main Piper Sandler Overweight → Overweight $18
2025-05-19 main Wells Fargo Overweight → Overweight $16
2025-03-17 init Jefferies — → Hold $16
2025-01-15 down Janney Montgomery Scott Buy → Neutral —
2025-01-13 up Piper Sandler Neutral → Overweight $20
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 98000 997640 — Purchase at price 10.18 per share. KAPLAN JORDAN L Chief Executive Officer — 2026-02-13 00:00:00 D
1 42126 492557 — Purchase at price 11.68 - 11.75 per share. ARONSON MICHELE L General Counsel — 2025-11-17 00:00:00 D
2 45000 591800 — Purchase at price 13.15 per share. SIMON WILLIAM E. JR Director — 2024-06-10 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.210.000.21
NormalizedEBITDA606.97M621.08M593.58M619.52M
TotalUnusualItems47.21M0.000.000.00
TotalUnusualItemsExcludingGoodwill47.21M0.000.000.00
NetIncomeFromContinuingOperationNetMinorityInterest16.27M23.52M-42.71M97.14M
ReconciledDepreciation394.11M376.02M448.99M361.54M
ReconciledCostOfRevenue372.76M358.28M372.59M345.08M
EBITDA654.18M621.08M593.58M619.52M
EBIT255.25M237.03M133.63M246.72M
NetInterestIncome-266.68M-229.44M-209.47M-150.19M
InterestExpense266.68M229.44M209.47M150.19M
NormalizedIncome-30.95M23.52M-42.71M97.14M
NetIncomeFromContinuingAndDiscontinuedOperation16.27M23.52M-42.71M97.14M
TotalExpenses813.53M779.66M870.82M752.02M
DilutedAverageShares167.45M167.39M169.60M175.76M
BasicAverageShares167.45M167.39M169.60M175.76M
DilutedEPS0.090.13-0.260.55
BasicEPS0.090.13-0.260.55
DilutedNIAvailtoComStockholders14.80M22.14M-43.90M96.23M
NetIncomeCommonStockholders14.80M22.14M-43.90M96.23M
OtherunderPreferredStockDividend1.47M1.38M1.19M912.00K
NetIncome16.27M23.52M-42.71M97.14M
MinorityInterests27.70M15.93M33.13M605.00K
NetIncomeIncludingNoncontrollingInterests-11.43M7.59M-75.84M96.54M
NetIncomeContinuousOperations-11.43M7.59M-75.84M96.54M
PretaxIncome-11.43M7.59M-75.84M96.54M
OtherIncomeExpense64.80M30.21M-16.04M5.10M
OtherNonOperatingIncomeExpenses17.58M27.62M18.60M3.87M
SpecialIncomeCharges47.21M0.000.000.00
RestructuringAndMergernAcquisition-47.21M0.000.000.00
EarningsFromEquityInterest0.002.59M-34.64M1.22M
NetNonOperatingInterestIncomeExpense-266.68M-229.44M-209.47M-150.19M
InterestExpenseNonOperating266.68M229.44M209.47M150.19M
OperatingIncome190.45M206.82M149.67M241.63M
OperatingExpense445.60M429.40M509.19M418.20M
DepreciationAmortizationDepletionIncomeStatement398.93M384.05M459.95M372.80M
DepreciationAndAmortizationInIncomeStatement398.93M384.05M459.95M372.80M
SellingGeneralAndAdministration46.66M45.36M49.24M45.41M
GeneralAndAdministrativeExpense46.66M45.36M49.24M45.41M
OtherGandA46.66M45.36M49.24M45.41M
GrossProfit636.04M636.22M658.86M659.83M
CostOfRevenue367.94M350.26M361.63M333.82M
TotalRevenue1.00B986.48M1.02B993.65M
OperatingRevenue1.00B986.48M1.02B993.65M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber167.46M167.44M167.21M175.81M
ShareIssued167.46M167.44M167.21M175.81M
NetDebt5.21B5.05B5.02B4.92B
TotalDebt5.56B5.51B5.55B5.20B
TangibleBookValue1.90B2.05B2.21B2.56B
InvestedCapital7.45B7.56B7.76B7.75B
WorkingCapital351.92M619.72M692.62M506.56M
NetTangibleAssets1.90B2.05B2.21B2.56B
CapitalLeaseObligations10.81M10.82M10.84M10.85M
CommonStockEquity1.90B2.06B2.22B2.56B
TotalCapitalization7.45B7.56B7.76B7.75B
TotalEquityGrossMinorityInterest3.47B3.66B3.85B4.28B
MinorityInterest1.57B1.60B1.63B1.71B
StockholdersEquity1.90B2.06B2.22B2.56B
GainsLossesNotAffectingRetainedEarnings11.45M54.92M115.92M187.06M
OtherEquityAdjustments11.45M54.92M115.92M187.06M
RetainedEarnings-1.51B-1.39B-1.29B-1.12B
AdditionalPaidInCapital3.40B3.40B3.39B3.49B
CapitalStock1.68M1.67M1.67M1.76M
CommonStock1.68M1.67M1.67M1.76M
TotalLiabilitiesNetMinorityInterest5.81B5.75B5.80B5.47B
TotalNonCurrentLiabilitiesNetMinorityInterest5.64B5.58B5.64B5.30B
OtherNonCurrentLiabilities75.34M73.78M81.80M92.79M
DerivativeProductLiabilities1.79M69.93M
NonCurrentDeferredLiabilities6.44M0.000.001.79M
NonCurrentDeferredRevenue6.44M0.000.001.79M
LongTermDebtAndCapitalLeaseObligation5.56B5.51B5.55B5.20B
LongTermCapitalLeaseObligation10.81M10.82M10.84M10.85M
LongTermDebt5.55B5.50B5.54B5.19B
CurrentLiabilities171.79M162.84M163.02M174.34M
CurrentDeferredLiabilities50.84M51.30M50.82M47.15M
CurrentDeferredRevenue50.84M51.30M50.82M47.15M
LineOfCredit0.00
PayablesAndAccruedExpenses120.95M111.54M112.19M127.19M
CurrentAccruedExpenses32.42M19.58M18.65M13.53M
InterestPayable32.42M19.58M18.65M13.53M
Payables88.54M91.96M93.55M113.66M
DividendsPayable31.83M31.82M31.78M33.41M
AccountsPayable56.71M60.13M61.77M80.24M
TotalAssets9.29B9.40B9.64B9.75B
TotalNonCurrentAssets8.76B8.62B8.79B9.07B
OtherNonCurrentAssets6.12M4.84M5.20M
NonCurrentPrepaidAssets15.94M
FinancialAssets270.23M15.47M
InvestmentsAndAdvances0.0023.77M15.98M47.98M
InvestmentProperties8.74B8.58B8.75B8.99B
GoodwillAndOtherIntangibleAssets6.72M4.47M4.96M5.52M
OtherIntangibleAssets6.72M4.47M4.96M5.52M
NetPPE14.40M14.27M14.46M14.60M
GrossPPE14.40M14.27M14.46M14.60M
OtherProperties7.45M7.46M7.46M
MachineryFurnitureEquipment6.98M6.83M7.01M7.14M
LandAndImprovements7.43M7.44M7.45M7.46M
Properties0.000.000.000.00
CurrentAssets523.71M782.56M855.64M680.90M
RestrictedCash101.00K101.00K101.00K
PrepaidAssets0.0014.07M13.44M0.00
Receivables182.92M323.86M319.12M411.96M
OtherReceivables22.31M77.62M170.88M270.23M
NotesReceivable35.00M124.43M26.82M19.87M
AccountsReceivable125.61M121.81M121.42M121.86M
CashCashEquivalentsAndShortTermInvestments340.79M444.62M523.08M268.84M
CashAndCashEquivalents340.79M444.62M523.08M268.84M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow92.00M169.30M196.33M258.77M
RepurchaseOfCapitalStock-351.00K-138.00K-111.64M-337.00K
RepaymentOfDebt-1.37B-434.90M-155.86M-70.82M
IssuanceOfDebt1.32B325.00M505.00M245.00M
IssuanceOfCapitalStock0.00
CapitalExpenditure-294.86M-239.39M-230.64M-238.12M
InterestPaidSupplementalData248.62M228.23M197.43M150.53M
EndCashPosition340.82M444.65M523.18M268.94M
BeginningCashPosition444.65M523.18M268.94M336.01M
ChangesInCash-103.83M-78.53M254.25M-67.07M
FinancingCashFlow-225.34M-246.46M60.87M-3.00M
CashFlowFromContinuingFinancingActivities-225.34M-246.46M60.87M-3.00M
NetOtherFinancingCharges-54.22M-9.24M-46.73M19.96M
CashDividendsPaid-127.26M-127.19M-129.90M-196.81M
CommonStockDividendPaid-127.26M-127.19M-129.90M-196.81M
NetCommonStockIssuance-351.00K-138.00K-111.64M-337.00K
CommonStockPayments-351.00K-138.00K-111.64M-337.00K
CommonStockIssuance0.00
NetIssuancePaymentsOfDebt-43.52M-109.90M349.14M174.18M
NetLongTermDebtIssuance-43.52M-109.90M349.14M174.18M
LongTermDebtPayments-1.37B-434.90M-155.86M-70.82M
LongTermDebtIssuance1.32B325.00M505.00M245.00M
InvestingCashFlow-265.34M-240.76M-233.59M-560.95M
CashFlowFromContinuingInvestingActivities-265.34M-240.76M-233.59M-560.95M
NetOtherInvestingChanges3.93M3.57M2.18M5.72M
DividendsReceivedCFI0.00269.00K80.00K1.92M
NetInvestmentPropertiesPurchaseAndSale0.000.00-330.47M0.00
SaleOfInvestmentProperties0.000.00
PurchaseOfInvestmentProperties0.000.00-330.47M0.00
NetBusinessPurchaseAndSale25.59M-5.21M-5.21M0.00
SaleOfBusiness25.59M0.000.000.00
PurchaseOfBusiness0.00-5.21M-5.21M0.00
CapitalExpenditureReported-294.86M-239.39M-230.64M-238.12M
OperatingCashFlow386.85M408.69M426.96M496.89M
CashFlowFromContinuingOperatingActivities386.85M408.69M426.96M496.89M
DividendReceivedCFO0.001.22M1.29M1.22M
ChangeInWorkingCapital24.00M-1.34M-8.38M10.13M
ChangeInOtherWorkingCapital447.00K-4.60M
ChangeInOtherCurrentAssets7.15M-3.68M-15.94M447.00K
ChangeInPayablesAndAccruedExpense11.44M-4.00K6.25M-1.40M
ChangeInAccruedExpense11.44M-4.00K6.25M-1.40M
ChangeInInterestPayable11.44M-4.00K6.25M-1.40M
ChangeInPrepaidAssets3.16M491.00K529.00K4.83M
ChangeInReceivables2.25M1.85M783.00K6.25M
ChangesInAccountReceivables2.25M1.85M783.00K6.25M
OtherNonCashItems-41.03M6.75M6.43M7.65M
StockBasedCompensation21.21M21.04M19.83M21.02M
DepreciationAmortizationDepletion394.11M376.02M448.99M361.54M
DepreciationAndAmortization394.11M376.02M448.99M361.54M
AmortizationCashFlow-4.83M-8.02M-10.96M-11.26M
AmortizationOfIntangibles-4.83M-8.02M-10.96M-11.26M
Depreciation398.93M384.05M459.95M372.80M
OperatingGainsLosses-2.59M34.64M-1.22M-946.00K
EarningsLossesFromEquityInvestments0.00-2.59M34.64M-1.22M
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations-11.43M7.59M-75.84M96.54M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for DEI
Date User Asset Broker Type Position Size Entry Price Patterns