Latest Ratios: P/E Ratio 11.4x · EV/EBITDA N/A · ROE 8.8%. (2019–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $176M | $212M | $140M | $243M | $286M | $934M | — | — |
| Enterprise Value | $164M | $200M | $161M | $256M | $265M | $887M | — | — |
| P/E Ratio → | 11.41 | 13.94 | — | — | — | 9.05 | — | — |
| P/S Ratio | 0.17 | 0.21 | 0.14 | 0.25 | 0.25 | 0.69 | — | — |
| P/B Ratio | 0.95 | 1.16 | 0.86 | 1.04 | 1.06 | 3.31 | — | — |
| P/FCF | — | — | — | — | — | 7.55 | — | — |
| P/OCF | — | — | — | — | — | 7.30 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.19 | 0.16 | 0.27 | 0.23 | 0.66 | — | — |
| EV / EBITDA | — | — | — | — | 76.43 | 8.02 | — | — |
| EV / EBIT | — | 8.70 | — | — | 1052.69 | 8.69 | — | — |
| EV / FCF | — | — | — | — | — | 7.17 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.8% | 16.8% | 25.3% | 100.0% | 27.4% | 100.0% | 100.0% | 33.0% |
| Operating Margin | -5.9% | -5.9% | -6.9% | -6.7% | -0.4% | 7.5% | -6.4% | -0.4% |
| Net Profit Margin | 1.5% | 1.5% | -7.7% | -4.5% | -0.5% | 7.3% | -6.0% | 1.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 8.8% | 8.8% | -38.5% | -16.9% | -2.0% | 44.4% | -25.2% | 4.1% |
| ROA | 3.2% | 3.2% | -15.5% | -8.2% | -1.0% | 18.8% | -9.8% | 1.7% |
| ROIC | -25.8% | -25.8% | -24.0% | -19.5% | -1.4% | 30.8% | -12.6% | -0.8% |
| ROCE | -16.3% | -16.3% | -17.3% | -15.1% | -1.0% | 25.0% | -13.0% | -0.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.56 | 0.56 | 0.96 | 0.57 | 0.53 | 0.58 | 1.18 | 0.94 |
| Debt / EBITDA | — | — | — | — | 41.15 | 1.49 | — | 37.15 |
| Net Debt / Equity | — | -0.07 | 0.13 | 0.06 | -0.08 | -0.17 | 0.60 | 0.59 |
| Net Debt / EBITDA | — | — | — | — | -6.06 | -0.42 | — | 23.29 |
| Debt / FCF | — | — | — | — | — | -0.38 | 3.81 | — |
| Interest Coverage | 4.53 | 4.53 | -24.82 | — | 1.70 | — | — | — |
Net cash position: cash ($116M) exceeds total debt ($103M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.63 | 1.63 | 2.13 | 1.86 | 2.50 | 2.12 | 1.49 | 1.41 |
| Quick Ratio | 1.63 | 1.63 | 2.13 | 1.86 | 2.50 | 2.00 | 1.38 | 1.41 |
| Cash Ratio | 1.17 | 1.17 | 1.58 | 1.23 | 1.82 | 1.60 | 0.95 | 0.86 |
| Asset Turnover | — | 2.32 | 2.02 | 1.94 | 2.10 | 2.27 | 1.70 | 1.60 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 1.7% | 5.7% | 3.4% | — | — |
| Payout Ratio | — | — | — | — | — | 31.8% | — | 221.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.8% | 7.2% | — | — | — | 11.1% | — | — |
| FCF Yield | — | — | — | — | — | 13.3% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.9% | 0.8% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.9% | 2.6% | 5.7% | 3.4% | — | — |
| Shares Outstanding | — | $90M | $84M | $82M | $74M | $85M | $85M | $82M |
Persistent negative operating margins
Based on current market data, DOUG trades at a price-to-sales ratio of 0.16, which appears to reflect deep skepticism regarding the firm's ability to return to profitability, especially when compared to the broader real estate services sector and the company's own historical trading ranges.
The absence of a meaningful P/E ratio, coupled with a forward P/E of 18.00, suggests that investors are pricing the company on a speculative recovery rather than current earnings power. This valuation multiple implies that the market is discounting the firm's luxury brand equity in favor of immediate concerns regarding transaction volume and margin sustainability.
As reported in recent financial statements, the company's ROIC has fluctuated significantly, including a -6.0% reading in 2026Q1, which indicates that the firm is currently failing to generate returns that exceed its cost of capital, a trend that has persisted over the last ten quarters.
The volatility in ROIC, punctuated by extreme swings like the 110.3% observed in 2025Q3, suggests that non-recurring items and accounting adjustments are masking the underlying decay in capital productivity. Investors should monitor whether the firm can stabilize its core brokerage operations to prevent further erosion of shareholder value.
According to historical data, the company's asset turnover ratio has remained stagnant near 0.50, suggesting that the firm's physical and intangible assets are not being utilized effectively to drive revenue growth in the current high-interest-rate environment that has dampened luxury residential transaction velocity.
The low asset turnover, combined with a DSO that has fluctuated between 7 and 19 days, highlights the inherent difficulty in managing cash conversion within a commission-based model. This inefficiency suggests that the firm's administrative overhead is not scaling appropriately with the current, lower volume of closed transactions.
Based on reported figures, the company's debt-to-equity ratio has trended upward to 0.61 as of 2026Q1, indicating that the firm is increasingly reliant on leverage to bridge the gap created by persistent operating losses and the erosion of its equity base over the last two years.
While the debt-to-equity ratio remains relatively low compared to some peers, the negative interest coverage ratio of -5424.33 in 2026Q1 is a significant red flag that warrants further investigation. This suggests that the firm's ability to service its debt obligations is becoming increasingly precarious without a material improvement in operating cash flow.
Investors frequently misapply the gross commission income metric as a proxy for top-line growth, which obscures the reality that a substantial portion of this revenue is immediately paid out to agents, leaving the firm with a much smaller net revenue base to cover fixed costs.
Relying on gross revenue figures leads to an overestimation of the firm's operating leverage and profitability potential. Analysts should instead focus on net brokerage revenue and the firm's ability to retain a higher percentage of commissions, which is a more accurate indicator of the company's true earning power.
Includes 30+ ratios · 7 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying DOUG stock.
Douglas Elliman Inc.'s current P/E ratio is 11.4x. The historical average is 11.5x. This places it at the 50th percentile of its historical range.
Douglas Elliman Inc.'s return on equity (ROE) is 8.8%. The historical average is -3.6%.
Based on historical data, Douglas Elliman Inc. is trading at a P/E of 11.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Douglas Elliman Inc. has 16.8% gross margin and -5.9% operating margin.