Douglas Emmett Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	865.59	858.18	889.04	876.45	821.04	787.37
Other Revenue	134.74	130.89	95.51	114.53	93.5	100.68
Total Revenue	1,000	989.07	984.55	990.98	914.54	888.05
Revenue Growth (YoY	3.61%	0.46%	-0.65%	8.36%	2.98%	-5.89%
Property Expenses	362.89	350.26	361.63	333.82	303.4	305.41
Selling, General & Administrative	46.7	45.36	49.24	45.41	42.55	39.6
Depreciation & Amortization	396.37	384.05	377.85	372.8	371.29	385.25
Total Operating Expenses	805.96	779.66	788.72	752.02	717.24	730.26
Operating Income	194.37	209.41	195.83	238.95	197.3	157.79
Interest Expense	-260.55	-229.44	-209.47	-150.19	-147.5	-142.87
Other Non-Operating Income	19.78	27.62	18.6	3.87	1.53	0.24
EBT Excluding Unusual Items	-46.41	7.59	4.96	92.64	51.33	15.16
Gain (Loss) on Sale of Assets	-	-	-	-	-	6.39
Total Insurance Settlements	-	-	1.3	3.9	4.8	17.01
Asset Writedown	-	-	-82.1	-	-	-
Pretax Income	0.81	7.59	-75.84	96.54	56.13	38.55
Earnings From Continuing Operations	0.81	7.59	-75.84	96.54	56.13	38.55
Minority Interest in Earnings	21.42	15.93	33.13	0.61	9.14	11.87
Net Income	22.22	23.52	-42.71	97.15	65.27	50.42
Preferred Dividends & Other Adjustments	1.37	1.38	1.19	0.91	0.88	0.83
Net Income to Common	20.85	22.14	-43.9	96.23	64.39	49.59
Net Income Growth	-	-	-	48.84%	29.44%	-86.14%
Basic Shares Outstanding	167	167	170	176	175	175
Diluted Shares Outstanding	167	167	170	176	175	175
Shares Change (YoY)	0.14%	-1.30%	-3.50%	0.16%	0.06%	1.17%
EPS (Basic)	0.12	0.13	-0.26	0.55	0.37	0.28
EPS (Diluted)	0.12	0.13	-0.26	0.55	0.37	0.28
EPS Growth	-	-	-	49.21%	29.77%	-86.46%
Dividend Per Share	0.760	0.760	0.760	1.030	1.120	1.120
Dividend Growth	-	-	-26.21%	-8.04%	-	5.66%
Operating Margin	19.43%	21.17%	19.89%	24.11%	21.57%	17.77%
Profit Margin	2.08%	2.24%	-4.46%	9.71%	7.04%	5.58%
EBITDA	585.3	585.43	562.72	600.5	559.05	527.16
EBITDA Margin	58.51%	59.19%	57.16%	60.60%	61.13%	59.36%
D&A For Ebitda	390.93	376.03	366.89	361.54	361.75	369.37
EBIT	194.37	209.41	195.83	238.95	197.3	157.79
EBIT Margin	19.43%	21.17%	19.89%	24.11%	21.57%	17.77%
Funds From Operations (FFO)	301.46	345.53	377.29	-	-	-
FFO Per Share	1.48	1.71	1.86	-	-	-
Adjusted Funds From Operations (AFFO)	-	276.53	299.54	-	-	-
AFFO Per Share	-	1.37	1.48	-	-	-
FFO Payout Ratio	42.21%	36.81%	34.43%	-	-	-
Revenue as Reported	999.53	986.48	1,020	993.65	918.4	891.52

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.