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Owns premier office buildings and apartment communities concentrated in Los Angeles and Honolulu submarkets.
Owns premier office buildings and apartment communities concentrated in Los Angeles and Honolulu submarkets.
Rents offices on leases where the tenant pays one rent covering most costs, so rent growth, occupancy and expenses decide earnings, concentrated in Westside Los Angeles and Honolulu. Co-founder Jordan Kaplan remains chief executive.
Moat: narrow (scale, installed base). Long-held, well-located coastal properties are difficult and costly to replicate.
Headquarters: Santa Monica, California, US · Founded: 1971 · Employees: 778
Size Douglas Emmett (DEI) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $1.70B, the 1899th largest of 3,117 United States companies the cockpit tracks. Shares closed at $10.17 on 6 Nov 2026.
Performance Over six months the shares fell 17.8%, against -10.0% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 1.8% over the last twelve months (peer median +3.8%); the operating margin is 18.8% (peer median 50.2%).
Valuation It trades at 0.89× book value against a peer median of 0.81× (10th most expensive of 21).
Price implies The share price implies a return on equity of about 10.1%; Douglas Emmett delivers -1.2%, so the price asks more than the business earns today.
Short interest Short interest is 19.1% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.02B | $1.00B | $986M | $1.02B | $994M |
| Revenue growth | — | +2% | -3% | +3% | — |
| Gross profit | $242M | $237M | $252M | $199M | $287M |
| EBITDA | $587M | $589M | $591M | $610M | $614M |
| Net income | -$22.1M | $14.8M | $22.1M | -$43.9M | $96.2M |
| Free cash flow | n/a | $194M | $241M | $238M | $335M |
| Capital expenditure | n/a | $192M | $167M | $189M | $162M |
| Total debt | $5.75B | $5.57B | $5.52B | $5.57B | $5.23B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Douglas Emmett DEI | $1.70B | -18% | +2% | -1% | 0.89× | 10.1% |
| Kilroy Realty KRC | $4.21B | +3% | -4% | 1% | 0.80× | 9.3% |
| Hudson Pacific Properties HPP | $471M | -22% | +3% | -18% | 0.19× | 5.3% |
| BXP BXP | $10.4B | +11% | +3% | 10% | 2.00× | 17.2% |
| AvalonBay Communities AVB | n/a | +4% | n/a | n/a | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DEI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.7% | +0.9% | 10th highest of 21 |
| 6-month return | -17.8% | -10.0% | 5th lowest of 20 |
| Return on equity | -1.2% | 7.4% | 6th lowest of 20 |
| Price / book | 0.89× | 0.81× | 10th most expensive of 21 |
| ROE the price implies | 10.1% | 7.8% | 3rd most demanding of 21 |
| ROE delivered | -1.2% | 7.4% | 6th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Douglas Emmett DEI | United States | $1.70B | -18% | +2% | -1% | 0.89× | 10.1% | -1.2% |
| Diversified Healthcare Trust DHC | United States | $1.70B | -17% | -4% | -9% | 1.11× | 18.0% | -9.5% |
| HomeCo Daily Needs REIT HDN.AX | Australia | $1.71B | -2% | +4% | 11% | 0.76× | 8.5% | 11.4% |
| Eurocommercial Properties ECMPA.AS | Netherlands | $1.72B | -7% | +1% | 9% | 0.64× | 5.0% | 8.5% |
| Safestore SAFE.L | United Kingdom | $1.67B | -13% | +7% | 3% | 0.55× | 8.4% | 2.9% |
| Daiwa Office Investment 8976.T | Japan | $1.74B | -12% | +24% | 6% | 1.13× | 4.7% | 6.3% |
| Mitsui Fudosan Accommodations Fund 3226.T | Japan | $1.75B | -16% | +18% | 9% | 1.79× | 6.3% | 8.6% |
| Sekisui House Reit 3309.T | Japan | $1.78B | -23% | +5% | 7% | 0.97× | 5.3% | 7.4% |
| Charter Hall Long WALE REIT CLW.AX | Australia | $1.78B | +4% | +40% | 8% | 0.76× | 9.2% | 8.3% |
| Champion Real Estate Investment Trust 2778.HK | Hong Kong | $1.80B | -8% | -8% | -3% | 0.35× | 4.6% | -2.6% |
| Blackstone Digital Infrastructure Trust BXDC | United States | $1.61B | n/a | n/a | n/a | 0.83× | 7.3% | n/a |
| H&R Real Estate Investment Trust HR-UN.TO | Canada | $1.80B | -10% | -6% | -13% | 0.60× | 6.3% | -12.8% |
| Charter Hall Retail REIT CQR.AX | Australia | $1.59B | +6% | +31% | 14% | 0.78× | 8.7% | 13.9% |
| Global Net Lease GNL | United States | $1.58B | -26% | -30% | -1% | 0.96× | 9.9% | -1.0% |
| Blackstone Mortgage Trust BXMT | United States | $1.85B | -42% | -2% | -12% | 0.65× | 7.3% | -11.7% |
| ARMOUR Residential REIT ARR | United States | $1.87B | -29% | -140% | -2% | 0.80× | 10.2% | -2.3% |
| Region RGN.AX | Australia | $1.89B | +6% | +30% | 9% | 0.92× | 9.4% | 9.2% |
| Supermarket Income REIT SUPR.L | United Kingdom | $1.54B | +4% | -7% | 8% | 0.94× | 9.1% | 7.8% |
| Great Portland Estates GPE.L | United Kingdom | $1.90B | +17% | +24% | 7% | 0.66× | 9.9% | 7.5% |
| Activia Properties 3279.T | Japan | $1.90B | -10% | +24% | 6% | 1.12× | 5.6% | 5.9% |
| Japan Logistics Fund 8967.T | Japan | $1.52B | -8% | +3% | 9% | 1.70× | 6.6% | 9.4% |