15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.4% per year over the past 5 years.
Net income has grown slower than revenue (-20.2% vs 2.4% per year).
Free cash flow has declined 1.8% per year over the past 5 years.
Financial health
Total debt ($5.5B) exceeds cash ($341M); net debt is $5.2B.
Total debt has grown in line with revenue (3.2% vs 2.4% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 782.3% of earnings.
The dividend has declined 8.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.0B
$16M
63.4%
0.0%
—
$5.5B
$341M
2024
$986M
$24M
64.5%
0.0%
—
$5.5B
$445M
2023
$1.0B
-$43M
64.6%
0.0%
—
$5.5B
$523M
2022
$994M
$97M
66.4%
0.0%
—
$5.2B
$269M
2021
$918M
$65M
67.0%
0.0%
—
$5.0B
$336M
2020
$892M
$50M
65.7%
0.0%
—
$4.7B
$172M
2019
$937M
$364M
0.0%
25.9%
—
$4.6B
$154M
2018
$881M
$116M
0.0%
28.6%
—
$4.1B
$146M
2017
$812M
$94M
0.0%
29.7%
—
$4.1B
$177M
2016
$743M
$85M
0.0%
29.7%
—
$4.4B
$113M
2015
$636M
$58M
0.0%
29.8%
—
$3.6B
$102M
2014
$600M
$45M
0.0%
28.0%
—
$3.4B
$19M
2013
$592M
$45M
0.0%
30.2%
—
$3.2B
$44M
2012
$579M
$23M
0.0%
30.4%
$150M
$3.4B
$373M
2011
$575M
$1M
0.0%
26.5%
$153M
—
$407M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$251M
-$2M
63.7%
0.0%
—
$5.6B
$357M
Dec '25
$249M
-$7M
62.2%
0.0%
—
$5.5B
$341M
Sep '25
$251M
-$11M
63.6%
0.0%
—
$5.6B
$408M
Jun '25
$252M
-$6M
63.2%
0.0%
—
$5.6B
$427M
Mar '25
$252M
$40M
64.4%
0.0%
—
$5.6B
$526M
Dec '24
$245M
-$888000
63.5%
0.0%
—
$5.5B
$445M
Sep '24
$251M
$5M
62.2%
0.0%
—
$5.5B
$544M
Jun '24
$246M
$11M
66.2%
0.0%
—
$5.5B
$561M
Mar '24
$245M
$9M
66.1%
0.0%
—
$5.5B
$557M
Dec '23
$259M
-$40M
64.9%
0.0%
—
$5.5B
$523M
Sep '23
$255M
-$13M
64.0%
0.0%
—
$5.5B
$526M
Jun '23
$253M
-$7M
64.8%
0.0%
—
$5.3B
$263M
Mar '23
$252M
$18M
64.5%
0.0%
—
$5.2B
$302M
Dec '22
$254M
$24M
66.1%
0.0%
—
$5.2B
$269M
Sep '22
$254M
$23M
65.2%
0.0%
—
$5.2B
$281M
Jun '22
$247M
$24M
66.8%
0.0%
—
$5.2B
$271M
Mar '22
$239M
$26M
67.5%
0.0%
—
$5.0B
$337M
Dec '21
$239M
$19M
0.0%
0.0%
—
$5.0B
$336M
Sep '21
$238M
$18M
0.0%
0.0%
—
$5.0B
$350M
Jun '21
$225M
$16M
0.0%
0.0%
—
$5.0B
$331M
Valuation over time
How the market has priced DEI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 21.2× (Mar '23) to 119.8× (Jun '26).
The price-to-sales ratio has fallen from 2.1× (Mar '23) to 1.9× (Jun '26).
The dividend yield has fallen from 9.5% (Mar '23) to 6.5% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is DEI growing its revenue and profit?
Over the past 5 years, Douglas Emmett Inc's revenue has grown 2.4% per year, and net income declined 20.2% per year. These are computed facts, not advice.
How much debt does DEI have?
As of FY2025, Douglas Emmett Inc reported $5.5B of total debt against $341M of cash.
What is DEI's profit margin?
In FY2025, gross margin was 63.4%, operating margin —, and net margin 1.6%.
What is DEI's P/E ratio?
As of Jun '26, Douglas Emmett Inc traded at a price-to-earnings ratio of about 119.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.