DEIDouglas Emmett Inc
Real Estate Investment Trusts
- Revenue
- $1.0B
- 1.8% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $5.4B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear24× net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear33% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $69M | $85M | $1.0B | $986M | $1.0B | 1.8% |
| Net income | $65M | $97M | −$43M | $24M | $16M | 31% |
| Operating cash flow | $447M | $497M | $427M | $409M | $387M | 5.3% |
| Stock-based comp | $21M | $21M | $20M | $21M | $21M | 0.8% |
| Buybacks | $0 | $0 | $109M | $0 | $0 | |
| Dividends | $197M | $197M | $130M | $127M | $127M | 0.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $9M | $3M | 48 | 73 |
| FY2024 | $9M | $12M | 53 | 73 |
| FY2023 | $8M | $9M | 40 | 67 |
| FY2022 | $9M | $4M | 40 | 63 |
| FY2021 | $9M | $12M | 82 | 101 |