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 2.10B
Enterprise Value 8.50B Income 14.80M Sales 1.00B
Book/sh 11.37 Cash/sh 2.17 Dividend Yield 7.36%
Payout 8.44% Employees 778 IPO —
P/E 114.78 Forward P/E -77.04 PEG —
P/S 2.09 P/B 0.91 P/C —
EV/EBITDA 14.55 EV/Sales 8.47 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 2.45M Volume 1.95M
Target Price $12.25 Recom Hold Prev Close $10.08
Price $10.33 Change 2.48%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$12.25
Mean price target
2. Current target
$10.33
Latest analyst target
3. DCF / Fair value
$53.02
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$10.33
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 Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.000.210.27
NormalizedEBITDA621.08M593.58M619.52M574.92M
TotalUnusualItems0.00
TotalUnusualItemsExcludingGoodwill0.00
NetIncomeFromContinuingOperationNetMinorityInterest23.52M-42.71M97.14M65.27M
ReconciledDepreciation376.02M448.99M361.54M361.75M
ReconciledCostOfRevenue358.28M372.59M345.08M312.94M
EBITDA621.08M593.58M619.52M574.92M
EBIT237.03M133.63M246.72M203.63M
NetInterestIncome-229.44M-209.47M-150.19M-147.50M
InterestExpense229.44M209.47M150.19M147.50M
NormalizedIncome23.52M-42.71M97.14M65.27M
NetIncomeFromContinuingAndDiscontinuedOperation23.52M-42.71M97.14M65.27M
TotalExpenses779.66M870.82M752.02M717.24M
DilutedAverageShares167.45M167.39M169.60M175.76M
BasicAverageShares167.45M167.39M169.60M175.76M
DilutedEPS0.090.13-0.260.55
BasicEPS0.090.13-0.260.55
DilutedNIAvailtoComStockholders22.14M-43.90M96.23M64.39M
NetIncomeCommonStockholders22.14M-43.90M96.23M64.39M
OtherunderPreferredStockDividend1.38M1.19M912.00K876.00K
NetIncome23.52M-42.71M97.14M65.27M
MinorityInterests15.93M33.13M605.00K9.14M
NetIncomeIncludingNoncontrollingInterests7.59M-75.84M96.54M56.13M
NetIncomeContinuousOperations7.59M-75.84M96.54M56.13M
PretaxIncome7.59M-75.84M96.54M56.13M
OtherIncomeExpense30.21M-16.04M5.10M2.47M
OtherNonOperatingIncomeExpenses27.62M18.60M3.87M1.53M
SpecialIncomeCharges0.00
RestructuringAndMergernAcquisition0.00
EarningsFromEquityInterest2.59M-34.64M1.22M946.00K
NetNonOperatingInterestIncomeExpense-229.44M-209.47M-150.19M-147.50M
InterestExpenseNonOperating229.44M209.47M150.19M147.50M
OperatingIncome206.82M149.67M241.63M201.15M
OperatingExpense429.40M509.19M418.20M413.84M
DepreciationAmortizationDepletionIncomeStatement384.05M459.95M372.80M371.29M
DepreciationAndAmortizationInIncomeStatement384.05M459.95M372.80M371.29M
SellingGeneralAndAdministration45.36M49.24M45.41M42.55M
GeneralAndAdministrativeExpense45.36M49.24M45.41M42.55M
OtherGandA45.36M49.24M45.41M42.55M
GrossProfit636.22M658.86M659.83M615.00M
CostOfRevenue350.26M361.63M333.82M303.40M
TotalRevenue986.48M1.02B993.65M918.40M
OperatingRevenue986.48M1.02B993.65M918.40M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber167.44M167.21M175.81M175.53M
ShareIssued167.44M167.21M175.81M175.53M
NetDebt5.05B5.02B4.92B4.68B
TotalDebt5.51B5.55B5.20B5.02B
TangibleBookValue2.05B2.21B2.56B2.41B
InvestedCapital7.56B7.76B7.75B7.43B
WorkingCapital619.72M692.62M506.56M301.07M
NetTangibleAssets2.05B2.21B2.56B2.41B
CapitalLeaseObligations10.82M10.84M10.85M10.86M
CommonStockEquity2.06B2.22B2.56B2.42B
TotalCapitalization7.56B7.76B7.75B7.43B
TotalEquityGrossMinorityInterest3.66B3.85B4.28B3.99B
MinorityInterest1.60B1.63B1.71B1.57B
StockholdersEquity2.06B2.22B2.56B2.42B
GainsLossesNotAffectingRetainedEarnings54.92M115.92M187.06M-38.77M
OtherEquityAdjustments54.92M115.92M187.06M-38.77M
RetainedEarnings-1.39B-1.29B-1.12B-1.04B
AdditionalPaidInCapital3.40B3.39B3.49B3.49B
CapitalStock1.67M1.67M1.76M1.75M
CommonStock1.67M1.67M1.76M1.75M
TotalLiabilitiesNetMinorityInterest5.75B5.80B5.47B5.37B
TotalNonCurrentLiabilitiesNetMinorityInterest5.58B5.64B5.30B5.17B
OtherNonCurrentLiabilities73.78M81.80M92.79M80.00M
DerivativeProductLiabilities1.79M69.93M
NonCurrentDeferredLiabilities0.001.79M69.93M
NonCurrentDeferredRevenue0.001.79M69.93M
LongTermDebtAndCapitalLeaseObligation5.51B5.55B5.20B5.02B
LongTermCapitalLeaseObligation10.82M10.84M10.85M10.86M
LongTermDebt5.50B5.54B5.19B5.01B
CurrentLiabilities162.84M163.02M174.34M194.62M
CurrentDeferredLiabilities51.30M50.82M47.15M50.06M
CurrentDeferredRevenue51.30M50.82M47.15M50.06M
LineOfCredit0.00
PayablesAndAccruedExpenses111.54M112.19M127.19M144.56M
CurrentAccruedExpenses19.58M18.65M13.53M12.25M
InterestPayable19.58M18.65M13.53M12.25M
Payables91.96M93.55M113.66M132.31M
DividendsPayable31.82M31.78M33.41M49.16M
AccountsPayable60.13M61.77M80.24M83.15M
TotalAssets9.40B9.64B9.75B9.35B
TotalNonCurrentAssets8.62B8.79B9.07B8.86B
OtherNonCurrentAssets6.12M4.84M5.20M
NonCurrentPrepaidAssets15.94M
FinancialAssets270.23M15.47M
InvestmentsAndAdvances23.77M15.98M47.98M46.59M
InvestmentProperties8.58B8.75B8.99B8.79B
GoodwillAndOtherIntangibleAssets4.47M4.96M5.52M6.16M
OtherIntangibleAssets4.47M4.96M5.52M6.16M
NetPPE14.27M14.46M14.60M9.96M
GrossPPE14.27M14.46M14.60M9.96M
OtherProperties7.45M7.46M7.46M
MachineryFurnitureEquipment6.83M7.01M7.14M2.50M
LandAndImprovements7.44M7.45M7.46M7.46M
Properties0.000.000.000.00
CurrentAssets782.56M855.64M680.90M495.69M
RestrictedCash101.00K101.00K101.00K
PrepaidAssets14.07M13.44M0.0015.94M
Receivables323.86M319.12M411.96M159.68M
OtherReceivables77.62M170.88M270.23M15.47M
NotesReceivable124.43M26.82M19.87M15.94M
AccountsReceivable121.81M121.42M121.86M128.28M
CashCashEquivalentsAndShortTermInvestments444.62M523.08M268.84M335.90M
CashAndCashEquivalents444.62M523.08M268.84M335.90M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow169.30M196.33M258.77M153.86M
RepurchaseOfCapitalStock-138.00K-111.64M-337.00K-122.00K
RepaymentOfDebt-434.90M-155.86M-70.82M-1.08B
IssuanceOfDebt325.00M505.00M245.00M1.34B
IssuanceOfCapitalStock0.00
CapitalExpenditure-239.39M-230.64M-238.12M-293.09M
InterestPaidSupplementalData228.23M197.43M150.53M145.81M
EndCashPosition444.65M523.18M268.94M336.01M
BeginningCashPosition523.18M268.94M336.01M172.52M
ChangesInCash-78.53M254.25M-67.07M163.49M
FinancingCashFlow-246.46M60.87M-3.00M5.25M
CashFlowFromContinuingFinancingActivities-246.46M60.87M-3.00M5.25M
NetOtherFinancingCharges-9.24M-46.73M19.96M-67.32M
CashDividendsPaid-127.19M-129.90M-196.81M-196.53M
CommonStockDividendPaid-127.19M-129.90M-196.81M-196.53M
NetCommonStockIssuance-138.00K-111.64M-337.00K-122.00K
CommonStockPayments-138.00K-111.64M-337.00K-122.00K
CommonStockIssuance0.00
NetIssuancePaymentsOfDebt-109.90M349.14M174.18M269.21M
NetLongTermDebtIssuance-109.90M349.14M174.18M269.21M
LongTermDebtPayments-434.90M-155.86M-70.82M-1.08B
LongTermDebtIssuance325.00M505.00M245.00M1.34B
InvestingCashFlow-240.76M-233.59M-560.95M-288.71M
CashFlowFromContinuingInvestingActivities-240.76M-233.59M-560.95M-288.71M
NetOtherInvestingChanges3.57M2.18M5.72M3.04M
DividendsReceivedCFI269.00K80.00K1.92M1.34M
NetInvestmentPropertiesPurchaseAndSale0.000.00-330.47M0.00
SaleOfInvestmentProperties0.000.00
PurchaseOfInvestmentProperties0.000.00-330.47M0.00
NetBusinessPurchaseAndSale-5.21M-5.21M0.000.00
SaleOfBusiness0.00
PurchaseOfBusiness-5.21M-5.21M0.000.00
CapitalExpenditureReported-239.39M-230.64M-238.12M-293.09M
OperatingCashFlow408.69M426.96M496.89M446.95M
CashFlowFromContinuingOperatingActivities408.69M426.96M496.89M446.95M
DividendReceivedCFO1.22M1.29M1.22M943.00K
ChangeInWorkingCapital-1.34M-8.38M10.13M-3.31M
ChangeInOtherWorkingCapital447.00K-4.60M
ChangeInOtherCurrentAssets-3.68M-15.94M447.00K-4.60M
ChangeInPayablesAndAccruedExpense-4.00K6.25M-1.40M-2.84M
ChangeInAccruedExpense-4.00K6.25M-1.40M-2.84M
ChangeInInterestPayable-4.00K6.25M-1.40M-2.84M
ChangeInPrepaidAssets491.00K529.00K4.83M-962.00K
ChangeInReceivables1.85M783.00K6.25M5.10M
ChangesInAccountReceivables1.85M783.00K6.25M5.10M
OtherNonCashItems6.75M6.43M7.65M11.49M
StockBasedCompensation21.04M19.83M21.02M20.89M
DepreciationAmortizationDepletion376.02M448.99M361.54M361.75M
DepreciationAndAmortization376.02M448.99M361.54M361.75M
AmortizationCashFlow-8.02M-10.96M-11.26M-9.54M
AmortizationOfIntangibles-8.02M-10.96M-11.26M-9.54M
Depreciation384.05M459.95M372.80M371.29M
OperatingGainsLosses-2.59M34.64M-1.22M-946.00K
EarningsLossesFromEquityInvestments-2.59M34.64M-1.22M-946.00K
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations7.59M-75.84M96.54M56.13M
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