DEI - Douglas Emmett, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$12.20
DETAILS
HIGH:
$15.00
LOW:
$11.00
MEDIAN:
$12.00
CONSENSUS:
$12.20
UPSIDE:
6.46%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 1,004.0 | 986.5 | 1,020.5 | 993.7 | 918.4 | 888.1 | 943.6 | 881.3 | 812.1 | 742.6 | 635.8 | 599.5 | 591.5 | 579.0 | 575.3 | 570.8 | 571.1 | 608.1 | 518.2 | 433.7 | 393.8 | 320.4 | 315.3 | 277.7 | 232.6 |
| Cost of Revenue | 1,165.8 | 350.3 | 821.6 | 333.8 | 303.4 | 305.4 | 298.2 | 280.9 | 258.0 | 237.9 | 210.4 | 201.8 | 194.9 | 190.4 | 187.9 | 177.5 | 172.2 | 0 | 154.1 | 183.2 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (161.8) | 636.2 | 198.9 | 659.8 | 615.0 | 582.6 | 645.4 | 600.4 | 554.0 | 504.7 | 425.4 | 397.7 | 396.7 | 388.6 | 387.5 | 393.4 | 398.9 | 608.1 | 364.2 | 250.5 | 393.8 | 320.4 | 315.3 | 277.7 | 232.6 |
| Operating Expenses | |||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 46.7 | 45.4 | 49.2 | 45.4 | 42.6 | 39.6 | 38.1 | 38.6 | 36.2 | 35.0 | 30.5 | 27.3 | 26.6 | 27.9 | 29.3 | 28.3 | 196.1 | 22.6 | 150.2 | 48.1 | 6.5 | 0 | 0 | 3.9 | 0 |
| Other Expenses | (398.9) | 384.0 | 0 | 372.8 | 371.3 | 0 | 0 | 3.9 | 2.7 | 2.1 | 8.8 | 10.6 | 2.2 | 0.9 | 205.7 | 225.0 | 226.6 | 265.1 | 226.7 | 275.2 | 248.4 | 213.6 | 206.3 | 171.9 | 139.4 |
| Operating Expenses | (352.3) | 429.4 | 49.2 | 418.2 | 413.8 | 39.6 | 38.1 | 348.5 | 313.0 | 283.9 | 235.8 | 229.8 | 218.0 | 212.8 | 235.0 | 253.3 | 422.7 | 453.9 | 377.0 | 323.3 | 254.9 | 213.6 | 206.3 | 175.8 | 139.4 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 190.4 | 206.8 | 149.7 | 241.6 | 201.2 | 543.0 | 607.4 | 251.9 | 241.0 | 220.8 | 189.5 | 167.9 | 178.7 | 175.8 | 152.5 | 140.0 | 148.4 | 154.2 | 141.2 | 110.4 | 138.9 | 106.9 | 109.0 | 102.0 | 93.3 |
| Interest Expense | 266.7 | 229.4 | 209.5 | 150.2 | 147.5 | 142.9 | 143.3 | 133.4 | 145.2 | 146.1 | 135.5 | 128.5 | 130.5 | 146.7 | 148.5 | 166.9 | 184.8 | 193.7 | 160.6 | 122.2 | 115.7 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 4.6 | 2.3 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | 654.2 | 590.9 | 593.6 | 619.5 | 574.9 | 527.2 | 591.1 | 571.9 | 526.4 | 491.2 | 394.9 | 390.2 | 356.8 | 340.9 | 359.9 | 371.1 | 375.0 | 402.2 | 350.8 | 266.7 | 252.1 | 106.9 | 109.0 | 178.7 | 93.3 |
| EBIT | 255.2 | 206.8 | 133.6 | 246.7 | 203.6 | 157.8 | 249.6 | 262.0 | 249.6 | 242.2 | 204.2 | 181.4 | 183.4 | 175.0 | 150.7 | 134.0 | 148.4 | 154.2 | 141.2 | 110.4 | 23.3 | 106.9 | 109.0 | 102.0 | 93.3 |
| Income Before Tax | (11.4) | 7.6 | (75.8) | 96.5 | 56.1 | 38.6 | 418.7 | 128.6 | 104.4 | 96.1 | 68.8 | 52.9 | 52.8 | 28.3 | 2.3 | (26.4) | (27.1) | (28.0) | (13.0) | (37.0) | (16.5) | (56.6) | 7.6 | 16.9 | 6.5 |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.4 | 27.1 | 28.0 | 13.0 | 37.0 | 16.5 | 56.6 | (7.6) | (16.9) | (6.5) |
| Net Income | 16.3 | 23.5 | (42.7) | 97.1 | 65.3 | 50.4 | 363.7 | 116.1 | 94.4 | 85.4 | 58.4 | 44.6 | 45.3 | 22.9 | 1.5 | (26.4) | (27.1) | (28.0) | (13.0) | (37.0) | (16.5) | (56.6) | 7.6 | 16.9 | 6.5 |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | 0.10 | 0.13 | -0.26 | -0.31 | -0.48 | -0.61 | -0.57 | 0.68 | 0.58 | 0.57 | 0.40 | 0.31 | 0.32 | 0.16 | 0.01 | -0.22 | -0.22 | -0.23 | -0.12 | -0.32 | -0.14 | -0.50 | 0.07 | 0.15 | 0.06 |
| EPS (Diluted) | 0.10 | 0.13 | -0.26 | -0.31 | -0.48 | -0.61 | -0.57 | 0.68 | 0.58 | 0.55 | 0.39 | 0.30 | 0.31 | 0.16 | 0.01 | -0.22 | -0.22 | -0.23 | -0.12 | -0.32 | -0.14 | -0.50 | 0.07 | 0.15 | 0.06 |
| Shares Outstanding | 167.4 | 167.4 | 169.6 | 175.8 | 175.5 | 175.4 | 173.4 | 169.9 | 160.9 | 149.3 | 146.1 | 144.0 | 142.6 | 139.8 | 126.2 | 122.7 | 121.6 | 120.7 | 112.6 | 115.0 | 114.3 | 114.3 | 114.3 | 114.3 | 114.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||
| Cash & Cash Equivalents | 340.8 | 444.6 | 523.1 | 268.8 | 335.9 | 172.4 | 153.7 | 146.2 | 176.6 | 112.9 | 72.7 | 8.7 | 0 | 0 | 0 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 125.6 | 323.9 | 319.1 | 412.0 | 159.7 | 148.2 | 140.3 | 129.2 | 109.0 | 95.3 | 2.4 | 2.4 | 49.5 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8.0) | (9.4) | (6.9) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 22.3 | 0 | 0 | 0.1 | (15.8) | (13.6) | 22.5 | 73.5 | 60.2 | 35.8 | 40.4 | 33.0 | (157.4) | 0 | 0 | 0 |
| Total Current Assets | 488.7 | 782.6 | 855.6 | 680.9 | 495.7 | 320.7 | 325.2 | 356.8 | 355.1 | 250.8 | 115.5 | 44.1 | 0 | 0 | 0 | 0 |
| Non-Current Assets | ||||||||||||||||
| Property, Plant & Equipment | 8,750.8 | 14.3 | 14.5 | 14.6 | 10.0 | 9.8 | 9.8 | 1.1 | 1.2 | 1.1 | 5,698.2 | 6,491.2 | 0 | 0 | 2,293.6 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (534.4) | 0 | 0 | 0 | 0 |
| Intangible Assets | 4.7 | 4.5 | 5.0 | 5.5 | 6.2 | 7.1 | 8.4 | 5.2 | 6.3 | 7.1 | 11.7 | 18.2 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 8,765.7 | 23.8 | 16.0 | 48.0 | 46.6 | 47.4 | 42.4 | 111.0 | 107.7 | 144.3 | 97.1 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (8,721.7) | 8,578.6 | 8,753.2 | 8,998.4 | 8,795.6 | 8,865.8 | 8,963.5 | 7,787.5 | 7,822.4 | 7,210.4 | 137.5 | 207.6 | 0 | 0 | (2,293.6) | 0 |
| Total Non-Current Assets | 8,799.5 | 8,621.1 | 8,788.6 | 9,066.5 | 8,858.3 | 8,930.1 | 9,024.1 | 7,904.9 | 7,937.6 | 7,362.9 | 5,944.4 | 6,716.9 | 0 | 0 | 0 | 0 |
| Total Assets | 9,288.2 | 9,403.7 | 9,644.2 | 9,747.4 | 9,354.0 | 9,250.8 | 9,349.3 | 8,261.7 | 8,292.6 | 7,613.7 | 6,059.9 | 6,760.8 | 2,585.7 | 2,356.3 | 2,415.4 | 2,168.4 |
| Current Liabilities | ||||||||||||||||
| Account Payables | 0 | 60.1 | 61.8 | 80.2 | 83.2 | 81.6 | 66.4 | 75.1 | 62.7 | 36.9 | 72.9 | 69.4 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 6.4 | 0 | 0 | 0 | 0 | 75 | 560 | 105 | 427.7 | 0 | 0 | 3,692.8 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 140.0 | 51.3 | 50.8 | 47.2 | 50.1 | 50.5 | 53.3 | 44.4 | 31.4 | 28.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5,421.6 | 0 | 0 | 0 | 0 | 0 | (560) | 0 | (427.7) | 0 | 0 | (3,692.8) | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 5,707.9 | 162.8 | 163.0 | 174.3 | 194.6 | 268.5 | 180.5 | 279.4 | 146.3 | 110.1 | 85.1 | 92.3 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||
| Long-Term Debt | 5,548.9 | 5,498.0 | 5,543.2 | 5,191.9 | 5,012.1 | 4,670.0 | 4,619.1 | 4,029.0 | 4,117.4 | 4,369.5 | 3,273.5 | 3,692.8 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (42.9) | (30.6) | (22.0) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (5,454.3) | 73.8 | 81.8 | 92.8 | 80.0 | 91.5 | 113.3 | 103.3 | 126.0 | 113.2 | 409.0 | 695.7 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 105.3 | 5,582.6 | 5,635.8 | 5,297.3 | 5,172.9 | 4,986.3 | 4,797.8 | 4,133.9 | 4,244.2 | 4,489.5 | 3,682.5 | 4,388.5 | 0 | 0 | 0 | 0 |
| Total Liabilities | 5,813.2 | 5,745.5 | 5,798.8 | 5,471.7 | 5,367.5 | 5,254.8 | 4,978.4 | 4,413.3 | 4,390.6 | 4,599.6 | 3,767.5 | 4,480.6 | 2,649.3 | 2,339.8 | 2,398.4 | 1,459.2 |
| Stockholders' Equity | ||||||||||||||||
| Common Stock | 1.7 | 1.7 | 1.7 | 1.8 | 1.8 | 1.8 | 1.8 | 1.7 | 1.7 | 1.5 | 1.2 | 1.2 | 0 | 0 | 0 | 0 |
| Retained Earnings | (1,505.4) | (1,394.4) | (1,290.7) | (1,119.7) | (1,035.8) | (904.5) | (758.6) | (935.6) | (879.8) | (820.7) | (312.0) | (236.3) | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 11.5 | 54.9 | 115.9 | 187.1 | (38.8) | (148.0) | (17.5) | 53.9 | 43.1 | 15.2 | (126.2) | (274.1) | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,904.6 | 2,058.6 | 2,219.9 | 2,562.4 | 2,416.1 | 2,437.1 | 2,712.1 | 2,402.3 | 2,437.5 | 1,921.1 | 1,793.4 | 1,775.2 | (63.6) | 16.5 | 17.1 | 13.8 |
| Total Liabilities & Equity | 9,288.2 | 9,403.7 | 9,644.2 | 9,747.4 | 9,354.0 | 9,250.8 | 9,349.3 | 8,261.7 | 8,292.6 | 7,613.7 | 6,059.9 | 6,760.8 | 2,585.7 | 2,356.3 | 2,415.4 | 1,473.0 |
| Debt Metrics | ||||||||||||||||
| Total Debt | 5,566.1 | 5,508.8 | 5,554.0 | 5,202.7 | 5,022.9 | 4,755.8 | 5,189.9 | 4,134.0 | 4,545.1 | 4,369.5 | 3,273.5 | 7,385.6 | 0 | 0 | 0 | 0 |
| Net Debt | 5,225.3 | 5,064.2 | 5,030.9 | 4,933.9 | 4,687.0 | 4,583.5 | 5,036.3 | 3,987.8 | 4,368.4 | 4,256.6 | 3,200.7 | 7,376.9 | 0 | 0 | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Net Income | (11.4) | 7.6 | (43.9) | 96.5 | 56.1 | 38.6 | 418.7 | 128.6 | 104.4 | 96.1 | (16.5) |
| Depreciation & Amortization | 394.1 | 376.0 | 449.0 | 361.5 | 361.7 | 369.4 | 341.5 | 287.8 | 258.8 | 230.7 | 113.2 |
| Stock-Based Compensation | 21.2 | 21.0 | 19.8 | 21.0 | 20.9 | 21.4 | 18.4 | 22.3 | 18.5 | 17.4 | 0 |
| Change in Working Capital | 24.0 | (1.3) | (8.4) | 10.1 | (3.3) | (13.8) | (8.9) | 5.0 | 23.0 | 19.5 | (19.7) |
| Other Non-Cash Items | (41.0) | 5.4 | 10.4 | 7.7 | 11.5 | 11.2 | 3.9 | (10.7) | (2.0) | (4.7) | 50.8 |
| Operating Cash Flow | 386.9 | 408.7 | 427.0 | 496.9 | 447.0 | 420.2 | 469.6 | 433.0 | 402.7 | 339.4 | 127.8 |
| Investing Activities | |||||||||||
| Capital Expenditure | (192.4) | (239.4) | (189.2) | (238.1) | (293.1) | (297.6) | (238.1) | (247.5) | (171.3) | (119.5) | (231.2) |
| Acquisitions | 5.4 | (5.2) | (5.2) | 81 | 0 | (6.6) | (51.5) | (9.4) | (4.1) | 459.8 | 0 |
| Purchases of Investments | (102.5) | 0 | (46.7) | (406.2) | 0 | (14.3) | (456.6) | (9.4) | (541.8) | (1,619.8) | 0 |
| Sales/Maturities of Investments | 25.6 | 0 | 0 | 1.9 | 1.3 | 14.3 | 45.1 | 7.3 | 43.6 | 333.9 | 0 |
| Other Investing Activities | 3.9 | 3.8 | 7.5 | 0.5 | 3.0 | 39.0 | 51.5 | 7.3 | (494.1) | (1,580.5) | 0 |
| Investing Cash Flow | (259.9) | (240.8) | (233.6) | (561.0) | (288.7) | (265.2) | (649.7) | (249.6) | (669.6) | (1,366.2) | (231.2) |
| Financing Activities | |||||||||||
| Net Debt Issuance | (43.5) | (109.9) | 349.1 | 174.2 | 269.2 | 124.2 | 89.3 | 11.7 | (288.0) | 773.9 | 140.3 |
| Stock Repurchased | (0.4) | (0.1) | (111.6) | (0.3) | (0.1) | (0.0) | (0.7) | (0.1) | (10.1) | (0.8) | 0 |
| Dividends Paid | (127.3) | (127.2) | (129.9) | (196.8) | (196.5) | (196.3) | (179.7) | (169.8) | (146.0) | (130.8) | (17.7) |
| Other Financing Activities | (59.6) | (9.2) | (46.7) | 20.0 | (67.3) | (64.2) | 77.7 | (55.6) | 181.6 | 346.2 | (18.9) |
| Financing Cash Flow | (230.7) | (246.5) | 60.9 | (3.0) | 5.2 | (136.3) | 187.5 | (213.8) | 330.6 | 1,037.8 | 103.8 |
| Cash Position | |||||||||||
| Net Change in Cash | (103.8) | (78.5) | 254.2 | (67.1) | 163.5 | 18.7 | 7.5 | (30.4) | 63.7 | 11.1 | 0.4 |
| Cash at Beginning | 444.6 | 523.2 | 268.8 | 336.0 | 172.5 | 153.8 | 146.3 | 176.8 | 112.9 | 101.8 | 107.9 |
| Cash at End | 340.8 | 444.7 | 523.1 | 268.9 | 336.0 | 172.5 | 153.8 | 146.3 | 176.6 | 112.9 | 108.3 |
| Free Cash Flow | 194.5 | 169.3 | 237.8 | 258.8 | 153.9 | 122.6 | 231.5 | 185.5 | 231.4 | 219.9 | (103.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 1,004.0 | 986.5 | 1,020.5 | 993.7 | 918.4 | 888.1 | 943.6 | 881.3 | 812.1 | 742.6 | 635.8 | 599.5 | 591.5 | 579.0 | 575.3 | 570.8 | 571.1 | 608.1 | 518.2 | 433.7 | 393.8 | 320.4 | 315.3 | 277.7 | 232.6 |
| Gross Profit | (161.8) | 636.2 | 198.9 | 659.8 | 615.0 | 582.6 | 645.4 | 600.4 | 554.0 | 504.7 | 425.4 | 397.7 | 396.7 | 388.6 | 387.5 | 393.4 | 398.9 | 608.1 | 364.2 | 250.5 | 393.8 | 320.4 | 315.3 | 277.7 | 232.6 |
| Operating Income | 190.4 | 206.8 | 149.7 | 241.6 | 201.2 | 543.0 | 607.4 | 251.9 | 241.0 | 220.8 | 189.5 | 167.9 | 178.7 | 175.8 | 152.5 | 140.0 | 148.4 | 154.2 | 141.2 | 110.4 | 138.9 | 106.9 | 109.0 | 102.0 | 93.3 |
| Net Income | 16.3 | 23.5 | (42.7) | 97.1 | 65.3 | 50.4 | 363.7 | 116.1 | 94.4 | 85.4 | 58.4 | 44.6 | 45.3 | 22.9 | 1.5 | (26.4) | (27.1) | (28.0) | (13.0) | (37.0) | (16.5) | (56.6) | 7.6 | 16.9 | 6.5 |
| EPS (Diluted) | 0.10 | 0.13 | -0.26 | -0.31 | -0.48 | -0.61 | -0.57 | 0.68 | 0.58 | 0.55 | 0.39 | 0.30 | 0.31 | 0.16 | 0.01 | -0.22 | -0.22 | -0.23 | -0.12 | -0.32 | -0.14 | -0.50 | 0.07 | 0.15 | 0.06 |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 340.8 | 444.6 | 523.1 | 268.8 | 335.9 | 172.4 | 153.7 | 146.2 | 176.6 | 112.9 | 72.7 | 8.7 | 0 | 0 | 0 | 0 | |||||||||
| Total Assets | 9,288.2 | 9,403.7 | 9,644.2 | 9,747.4 | 9,354.0 | 9,250.8 | 9,349.3 | 8,261.7 | 8,292.6 | 7,613.7 | 6,059.9 | 6,760.8 | 2,585.7 | 2,356.3 | 2,415.4 | 2,168.4 | |||||||||
| Total Debt | 5,566.1 | 5,508.8 | 5,554.0 | 5,202.7 | 5,022.9 | 4,755.8 | 5,189.9 | 4,134.0 | 4,545.1 | 4,369.5 | 3,273.5 | 7,385.6 | 0 | 0 | 0 | 0 | |||||||||
| Stockholders' Equity | 1,904.6 | 2,058.6 | 2,219.9 | 2,562.4 | 2,416.1 | 2,437.1 | 2,712.1 | 2,402.3 | 2,437.5 | 1,921.1 | 1,793.4 | 1,775.2 | (63.6) | 16.5 | 17.1 | 13.8 | |||||||||
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | 386.9 | 408.7 | 427.0 | 496.9 | 447.0 | 420.2 | 469.6 | 433.0 | 402.7 | 339.4 | 127.8 | ||||||||||||||
| Capital Expenditure | (192.4) | (239.4) | (189.2) | (238.1) | (293.1) | (297.6) | (238.1) | (247.5) | (171.3) | (119.5) | (231.2) | ||||||||||||||
| Free Cash Flow | 194.5 | 169.3 | 237.8 | 258.8 | 153.9 | 122.6 | 231.5 | 185.5 | 231.4 | 219.9 | (103.3) | ||||||||||||||