DEI
Real EstateDouglas Emmett, Inc. · REIT - Office · $2B
What is Douglas Emmett, Inc.?
Douglas Emmett, Inc. is a self-managed REIT concentrated in premier coastal submarkets of Los Angeles and Honolulu. The company owns and operates a portfolio of high-quality office buildings and multifamily residential communities in supply-constrained neighborhoods.
Douglas Emmett generates revenue by leasing office space to businesses and renting apartment units to residents across Los Angeles and Honolulu. The company targets neighborhoods with limited new supply, high-end executive housing, and strong lifestyle amenities — factors that historically support occupancy and rental pricing. As a fully integrated REIT, it handles property management, leasing, and acquisitions internally rather than relying on third-party operators.
Douglas Emmett was incorporated in 2006 and is headquartered in Santa Monica, California.
- Class-A office properties in Los Angeles coastal submarkets
- Premier multifamily residential communities in supply-constrained neighborhoods
- Self-managed property operations and leasing
- Concentrated portfolio strategy in Honolulu high-demand corridors
Is DEI a Good Stock to Buy?
UQS Score rates DEI as Poor overall, reflecting broad weakness across most of the five evaluation pillars.
The one area where DEI stands out relative to its overall profile is Valuation, which is rated Good — suggesting the market may already be pricing in many of the company's challenges. Investors focused on value-oriented entry points in the office REIT space may find this dimension worth examining.
Quality, Moat, Growth, and Risk are all rated Weak, indicating meaningful headwinds across earnings quality, competitive positioning, growth trajectory, and balance sheet or operational risk.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does DEI pay dividends?
Yes — Douglas Emmett, Inc. pays a dividend.
Douglas Emmett pays a regular dividend, as is common among REITs, which are required to distribute the majority of taxable income to shareholders. The dividend can appeal to income-focused investors, though the company's Weak Quality and Risk ratings suggest it is worth examining the sustainability of that payout before relying on it as a primary income source.
When does DEI report earnings?
Douglas Emmett reports earnings on a quarterly cadence, consistent with standard practice for US-listed REITs.
The company's Weak Growth and Quality pillar ratings suggest recent results have not demonstrated meaningful improvement in fundamentals. Office sector headwinds across Los Angeles have weighed on occupancy and leasing activity broadly.
For the most recent quarter's results and guidance commentary, visit Douglas Emmett's investor relations page directly.
DEI Price History
-60.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Douglas Emmett, Inc.?
Based on Douglas Emmett, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
DEI Long-term Outlook
The combination of Weak Growth and Weak Risk ratings points to a cautious fundamental outlook for DEI. The Los Angeles office market continues to face structural pressure from hybrid work trends, and the company's concentrated geographic footprint limits diversification benefits. The Good Valuation rating does introduce a potential floor argument, but a meaningful re-rating would likely require evidence of occupancy stabilization and improved cash flow quality.
Growth drivers
- Supply constraints in coastal LA and Honolulu submarkets limiting new competition
- Multifamily residential segment providing partial offset to office leasing pressure
- Potential recovery in office demand as return-to-office trends evolve
Key risks
- Persistent hybrid and remote work reducing office leasing demand in LA
- Elevated risk profile flagged across balance sheet and operational metrics
- Concentrated geographic exposure amplifying local market downturns
DEI vs Peers
Douglas Emmett operates in a niche of coastal, supply-constrained office and multifamily real estate alongside a small set of peers with distinct geographic and portfolio strategies.
Allied Properties focuses on urban workspace in Canadian cities, offering a different regulatory and market environment compared to DEI's US coastal concentration.
Empire State Realty is anchored by iconic New York City office assets, giving it a distinct brand identity and tourist-driven revenue stream absent from DEI's portfolio.
As a related operating partnership unit, ESBA reflects the same New York-centric office exposure as FISK, contrasting with DEI's West Coast and Hawaii focus.
Frequently Asked Questions
What does Douglas Emmett do?
Douglas Emmett is a self-managed REIT that owns and operates office buildings and multifamily apartment communities in premier coastal submarkets of Los Angeles and Honolulu. The company targets neighborhoods with limited new supply and strong lifestyle amenities to support occupancy and rents.
Does DEI pay dividends?
Yes, Douglas Emmett pays a regular dividend. REITs like DEI are required by law to distribute the majority of their taxable income, making dividend payments a structural feature of the business model. Investors should review the payout in the context of DEI's Weak Quality and Risk ratings.
When does DEI report earnings?
Douglas Emmett reports financial results on a quarterly basis, in line with standard US-listed REIT practice. For exact dates and the most recent earnings releases, check the investor relations section of the company's official website.
Is DEI a good stock to buy?
The UQS Score rates DEI as Poor overall, with Weak ratings across Quality, Moat, Growth, and Risk. The Valuation pillar is rated Good, which may interest contrarian or value-oriented investors. A full pillar breakdown is available to UQS Pro members.
Is DEI overvalued?
DEI's Valuation pillar is rated Good, suggesting the stock is not considered expensive relative to its fundamentals at current levels. However, a low valuation alone does not offset the Weak ratings across the other four pillars. Full valuation metrics are available in the Pro view.
How does DEI compare to its competitors?
DEI's West Coast and Hawaii focus differentiates it from peers like Empire State Realty, which is anchored in New York City, and Allied Properties, which operates in Canadian urban markets. Each portfolio carries distinct geographic risks and demand dynamics. UQS Pro members can compare full pillar scores side by side.
What is DEI's market cap bracket?
Douglas Emmett is classified as a small-cap company. Within the REIT sector, this places it below the scale of the largest diversified real estate operators, which can affect liquidity and institutional coverage.
Who founded Douglas Emmett?
Douglas Emmett, Inc. was incorporated in 2006 as a publicly traded REIT. The company's founding and leadership history is publicly documented through SEC filings and the company's investor relations materials.
Is DEI a long-term quality investment?
From a long-term quality perspective, DEI's Poor overall UQS Score and Weak ratings across Quality, Moat, Growth, and Risk raise meaningful questions about durability. The Good Valuation rating may offer some cushion, but sustained quality indicators would need to improve for a more constructive long-term view.
What is the main competitive advantage of Douglas Emmett?
Douglas Emmett's strategy centers on owning properties in coastal submarkets with significant supply constraints, which historically limits new competition. However, the UQS Moat pillar is rated Weak, suggesting this geographic focus has not translated into a durable competitive advantage as measured by the scoring model.
What sector does DEI belong to?
Douglas Emmett operates in the Real Estate sector, specifically as an office and multifamily REIT. Investors can explore other [top-rated Real Estate REITs](/sector/real-estate) on the UQS platform for sector-wide comparisons.
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Pro Analysis
DEI — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 20, 2026 | 32.4 | 36.2 | 32.0 | 5.9 | 0.0 | 94.6 | 0.0 |
| May 15, 2026 | 32.4 | 36.2 | 32.0 | 5.9 | 0.0 | 94.3 | +0.1 |
| May 14, 2026 | 32.3 | 36.2 | 32.0 | 5.9 | 0.0 | 94.0 | 0.0 |
| May 13, 2026 | 32.3 | 36.2 | 32.0 | 5.8 | 0.0 | 93.8 | 0.0 |
| May 12, 2026 | 32.3 | 36.2 | 32.0 | 5.8 | 0.0 | 93.6 | +0.1 |
| May 11, 2026 | 32.2 | 36.2 | 32.0 | 5.8 | 0.0 | 93.4 | +1.5 |
| May 10, 2026 | 30.7 | 36.2 | 32.0 | 5.8 | 0.0 | 83.4 | -0.4 |
| May 9, 2026 | 31.1 | 36.2 | 32.0 | 0.0 | 0.0 | 93.4 | +3.8 |
| May 3, 2026 | 27.3 | 35.2 | 32.0 | 5.5 | 0.0 | 62.6 | +0.1 |
| May 1, 2026 | 27.2 | 35.2 | 32.0 | 5.5 | 0.0 | 61.8 | 0.0 |
DEI — Pillar Breakdown
Quality
— 36.2/100 (25%)Douglas Emmett, Inc. has average quality metrics, with room for improvement in margins or capital efficiency.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 5.9/100 (20%)Douglas Emmett, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Risk
— 0.0/100 (15%)Douglas Emmett, Inc. presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 92.1/100 (15%)Douglas Emmett, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 32/100 (25%)Douglas Emmett, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for DEI.
Score Composition
Financial Data
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How is the DEI UQS Score Calculated?
The UQS (Unified Quality Score) for Douglas Emmett, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Douglas Emmett, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Douglas Emmett, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.