Douglas Emmett, Inc. — Earnings Quality Grade F
DEI · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 46 days, change +1 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 1.8%, CFFO -5.3%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 23.2% is >2x revenue growth 1.8%
SG&A/Gross Profit = 7.3%, excellent (<30%)
Gross margin 63.4%, change -1.1pp. Stable
Cash Flow Quality
CFFO far exceeds NI (ratio 23.8x). Non-cash charges depressing profits
FCF $0.1B, FCF/NI = 5.66
Accruals ratio = -4.0%. Low accruals
Cash $0.3B covers only 6% of debt $5.6B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = 8.5x (>4x). Interest coverage = 0.7x (<2x). Financial stress
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 50% YoY
Manipulation Score
M-Score = -2.63 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score — Not Applicable
Douglas Emmett, Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25