Company Analysis

Douglas Elliman Inc. (DOUG)

NYSE: DOUG · Real Estate Agents & Managers (For Others) · Miami, FL · filing with the SEC since 2021
Grade4.9
◀ Past 4.5● Present 4.9▶ Future 5.2
1 est.

The grade of Douglas Elliman Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past4.525% of the headline
● Present4.945% of the headline
▶ Future5.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.5/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
5.0/10

Has it survived what it has been through?

2 warning events since 2021; the latest 2026-04-10.

weight 45% of this tense · 50th percentile among 17 sector filers · read for itself

From the record

Douglas Elliman Inc.'s filings since 2021 show 2 warning events of 2 kinds: an auditor change (8-K item 4.01, the latest 2026-04-10); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-05-11) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.1/10

What has it actually done, year after year?

+4.7% a year over 7 filed years; profitable in 3 of 7.

weight 33% of this tense · 31st percentile among 17 sector filers · read for its customers

From the record

Douglas Elliman Inc.'s 7 filed years say what it did: revenue went from $784 million in fiscal 2019 to $1.0 billion in fiscal 2025, up 4.7% a year; it rose in 3 of 6 years; the deepest fall was 29% from fiscal 2021 to fiscal 2023; net income was positive in 3 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.7%bottom 21% of its family
  • the share of years revenue rosebottom 21% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak29.4%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.7/10

How has it treated the people who own it?

SI estimate 5.7/10, confidence 35 of 100 (one part).

weight 22% of this tense · 57th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 43% of 16 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 16 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Douglas Elliman Inc.'s shareholder treatment is put at 5.7 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 43% of 16 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.9/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
6.4/10

Is it financially healthy right now?

ROE 8%: 8¢ of profit per shareholder dollar. Leverage 59%: owes 59¢ per asset dollar.

weight 33% of this tense · 64th percentile among 16 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Douglas Elliman Inc. earned about 8 cents of profit for every dollar of shareholders' money. Leverage: it owed about 59 cents per dollar of assets, and net share issuance: its share count grew 1.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 38% of its family
  • return on equitytop 10% of its family
  • the share count against the year beforetop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.8/10

How strong is its position in its industry?

bottom 48% of 17 in its family; net margin 1.5%.

weight 45% of this tense · 48th percentile among 17 sector filers · read for its customers

From the record

Douglas Elliman Inc.'s standing among 17 graded names in its industry family: revenue of $1.0 billion in fiscal 2025 ranks in the top 50% by size; a net margin of 1.5% ranks in the top 32%; revenue growth of -3.6% a year over the last 3 filed years ranks in the bottom 26% (its annual reports).

What it rests on

  • revenue against the family$1.03Btop 50% of its family
  • net margin1.5%top 32% of its family
  • three-year revenue growth-3.6%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.8/10

What are the people in charge doing?

bottom 28% of 12 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 28th percentile among 12 sector filers · read for its shareholders

From the record

Douglas Elliman Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Liebowitz, Michael (President and CEO, as filed), filing under that title since 2024-11-19, 2 years (bottom 23% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 3.9 years (bottom 38%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 13 peoplebottom 25% of its family
  • the median years the people in charge have filed3.9 yearsbottom 38% of its family
  • the chief executive's years on the record2.0 yearsbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.4/10

How much room does it have to grow?

bottom 44% of 17 in its family for room to expand.

weight 33% of this tense · 44th percentile among 17 sector filers · read for itself

From the record

Douglas Elliman Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $123 million against debt of $0 thousand leaves 27.6% of its assets as net cash, top 38% of its family; cash from operations less capital spending is -1.7% of revenue (bottom 26%) (its annual report).

What it rests on

  • cash less debt against assets27.6%top 38% of its family
  • cash from operations less capital spending against revenue-1.7%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.5/10

What could actually drive growth from here?

bottom 35% of 17 in its family for growth drivers.

weight 33% of this tense · 35th percentile among 17 sector filers · read for its customers

From the record

Douglas Elliman Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3.6% a year over the last three filed years against 4.7% over all 7, slowing (top 50% of its family); the newest year grew 3.8% (bottom 32%); capital spending grew -26.8% a year (bottom 23%) (its annual reports). Douglas Elliman Inc. reported 3 product lines in fiscal 2025: Commissions and Other Brokerage Income at $990 million (96%), Property Management at $32 million (3%), Other Ancillary Services at $12 million (1%); 1 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-8.3 points a yeartop 50% of its family
  • the newest year's revenue growth3.8%bottom 32% of its family
  • three-year growth of capital spending-26.8%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.7/10

Did its newest year beat what its own record pointed to?

top 23% of 15 in its family for expectations against reality.

weight 33% of this tense · 77th percentile among 15 sector filers · read for its shareholders

From the record

Douglas Elliman Inc.'s newest year against its own record: revenue of $1.0 billion in fiscal 2025 came in 11.7% above the $925 million its prior three years' pace pointed to (top 43% of its family); net income of $15 million against a prior three-year average of $41 million (top 10%); a net margin of 1.5% against -4.2% before (top 17%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace11.7%top 43% of its family
  • net income against the prior three years' average+137%top 10% of its family
  • net margin against its prior average+5.7 pointstop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DOUG · research, not advice