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NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Douglas Emmett Inc. DEI

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.0B
▲ 1.8% YoY
$16.3M
▼ 30.8% YoY
In brief

What this company does

Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed REIT that owns, acquires, develops and manages office and multifamily properties in the Beverly Hills, Brentwood, Burbank, Century City, Olympic Corridor, Santa Monica, Sherman Oaks/Encino, Warner Center/Woodland Hills and Westwood submarkets of Los Angeles County, California, and in Honolulu, Hawaii. At December 31, 2025, its Total Portfolio consisted of an 18.0 million square foot office portfolio, which included a 456 thousand square foot office property under development, 5,445 multifamily apartment units, which included 1,035 apartment units under development, and fee interests in two parcels of land from which it receives rent under ground leases. At December 31, 2025, its office portfolio median size tenant was approximately 2,400 square feet. In 2023, 2024 and 2025, no tenant accounted for more than 10% of its total revenues. In 2025, it had approximately 778 employees. Its principal executive offices are located in the building it owns at 1299 Ocean Avenue, Suite 1000, Santa Monica, California. Douglas Emmett, Inc. was formed as a Maryland corporation on June 28, 2005 to continue and expand the operations of Douglas Emmett Realty Advisors and its nine institutional funds. All of its assets are directly or indirectly held by its Operating Partnership, which was formed as a Delaware limited partnership on July 25, 2005.

Written from the business description in Douglas Emmett, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.0B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.0 · Net income 0.0
0.4B0.8B2008201120142017202020232025
Compound annual growth
+0.3%
+67.5%
+4.7%
+3.8%
−44.9%
−20.2%
−12.0%
−45.3%
−20.3%
−13.6%
−9.6%
−7.5%
−1.1%
+4.4%
−13.5%
−8.3%
+0.4%
+6.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +67.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating — · Net -1.1%
100%200%300%2008201120142017202020232025
ROE
FY2025 · ROE 0.8%
5.0%10.0%-0.5%-1.0%-1.5%2008201120142017202020232025

Each USD of equity produced 1 cents of profit this year.

Cash & shareholders
USD 127.3M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2018 · FCF 0.4
0.2B0.4B-0.5B-1.0B2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 127.3 · Net buybacks 0.0
80M160M-40M-80MDividendsNet buybacks2008201120142017202020232025

USD 127.3M in dividends — 782% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 9.3B
EquityUSD 1.9B
CashUSD 340.8M
Gross debtUSD 5.5B
Net debtUSD 5.2B

Net debt stands at 273% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B1.01.01.01.00.90.10.10.10.10.10.60.60.60.60.60.60.60.6
Operating income $B······0.20.30.20.20.20.20.20.20.20.10.10.2
EBITDA $B··················
Income tax $B··················
Net income $B0.00.0−0.00.10.10.10.40.10.10.10.10.00.00.00.0−0.0−0.0−0.0
Free cash flow $B·······0.4−0.1−1.30.20.00.10.20.20.10.1−0.5
EPS, diluted $0.090.13−0.260.550.370.282.090.680.580.550.390.300.310.160.01−0.22−0.22−0.23
Dividend / sh $0.760.760.761.031.121.121.061.010.940.890.850.810.740.630.490.400.400.75
Payout %782541−304203301389491461551532102582263493982−185−219−313
ROE %0.81.1−1.83.92.72.014.24.84.34.43.02.32.31.20.1−1.5−1.5·
Shares out B0.170.170.170.180.180.180.180.170.170.150.150.140.140.140.130.120.12·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 20 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2008

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