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Douglas Emmett (Douglas Emmett) Operating Margin %

: 11.83% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Douglas Emmett's Operating Income for the three months ended in Dec. 2023 was $31 Mil. Douglas Emmett's Revenue for the three months ended in Dec. 2023 was $259 Mil. Therefore, Douglas Emmett's Operating Margin % for the quarter that ended in Dec. 2023 was 11.83%.

Warning Sign:

Douglas Emmett Inc operating margin has been in a 5-year decline. The average rate of decline per year is -9.1%.

The historical rank and industry rank for Douglas Emmett's Operating Margin % or its related term are showing as below:

DEI' s Operating Margin % Range Over the Past 10 Years
Min: 14.67   Med: 26.96   Max: 29.81
Current: 14.67


DEI's Operating Margin % is ranked worse than
86.33% of 695 companies
in the REITs industry
Industry Median: 51.67 vs DEI: 14.67

Douglas Emmett's 5-Year Average Operating Margin % Growth Rate was -9.10% per year.

Douglas Emmett's Operating Income for the three months ended in Dec. 2023 was $31 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $150 Mil.


Douglas Emmett Operating Margin % Historical Data

The historical data trend for Douglas Emmett's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Douglas Emmett Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.91 18.09 21.90 24.32 14.67

Douglas Emmett Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.03 23.23 12.52 11.23 11.83

Competitive Comparison

For the REIT - Office subindustry, Douglas Emmett's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Douglas Emmett Operating Margin % Distribution

For the REITs industry and Real Estate sector, Douglas Emmett's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Douglas Emmett's Operating Margin % falls into.



Douglas Emmett Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Douglas Emmett's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=149.67 / 1020.488
=14.67 %

Douglas Emmett's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=30.661 / 259.279
=11.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Douglas Emmett  (NYSE:DEI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Douglas Emmett Operating Margin % Related Terms

Thank you for viewing the detailed overview of Douglas Emmett's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Douglas Emmett (Douglas Emmett) Business Description

Traded in Other Exchanges
Address
1299 Ocean Avenue, Suite 1000, Santa Monica, CA, USA, 90401
Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.
Executives
Simon William E Jr director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Michele L Aronson officer: EVP, GEN COUNSEL & SECY 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Shirley Wang director DOUGLAS EMMETT, INC., 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Jordan L Kaplan director, officer: Chief Exec Officer, President 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
David T Feinberg director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Leslie E Bider director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Ray C Leonard director DOUGLAS EMMETT, INC., 1299 OCEAN AVENUNE, SUITE 1000, SANTA MONICA CA 90401
Virginia Mcferran director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Peter Seymour officer: Chief Financial Officer 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Kevin Andrew Crummy officer: Chief Investment Officer 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Kenneth M Panzer director, officer: Chief Operating Officer 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
O Hern Thomas E director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Johnese Spisso director 4500 DORR STREET, TOLEDO OH 43615
Dan A Emmett director, officer: Chairman of the Board 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Dorene Dominguez director C/O CIT GROUP INC, GENERAL COUNSEL, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039

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