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Companies / Real Estate / Douglas Elliman Inc.
DOUG

Douglas Elliman Inc.

Real EstateReal Estate
Ticker DOUGMIAMI, FLFiscal year ends DecemberBook value per share $1.95Diluted shares 85.7M

Douglas Elliman Inc. (NYSE: DOUG) is a real estate services company whose core business is residential brokerage, serving home buyers and sellers, real estate developers, property buyers and mortgage lenders. Its brokerage operates primarily in the New York metropolitan area and also in Florida, California, Texas,… From the company’s description.

Over the twelve months to Jun 30, 2026, Douglas Elliman Inc. reported revenue of $1.01B, down 2.7% from a year earlier, and net income of $24.21M. Its operating margin was 3.5%, and operations used $16.64M in cash. In fiscal 2025, it reported revenue of $1.03B, up 3.8% from fiscal 2024, and net income of $14.31M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.03BFY2025
+3.8% year over year
Last 12 mo $1.01B
4.40%FY2025
+11.3 percentage points
Last 12 mo 3.52%
$14.31MFY2025
+118.6% year over year
Last 12 mo $24.21M
9.98%FY2025
+56.4 percentage points
Last 12 mo 16.88%
Cash & financing
$-13.88MFY2025
+46.5% year over year
Last 12 mo $-16.64M
$-17.23MFY2025
+45.3% year over year
Last 12 mo $-18.69M
0.00FY2025
Was 0.39× a year earlier
84.6MFY2025
+1.3% year over year
Last 12 mo 85.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Douglas Elliman Inc. does

In the company’s own words

Douglas Elliman Inc. (NYSE: DOUG) is a real estate services company whose core business is residential brokerage, serving home buyers and sellers, real estate developers, property buyers and mortgage lenders. Its brokerage operates primarily in the New York metropolitan area and also in Florida, California, Texas, Colorado, Nevada, Massachusetts, Maryland, Virginia and Washington, D.C. The company provides new-development sales, leasing and marketing, as well as title, escrow and mortgage services; its Elliman Capital platform offers clients traditional and specialized financing. Douglas Elliman also provides agents with technology tools and holds investments in property-technology companies and funds. As of December 31, 2025, it operated 114 offices and had approximately 5,800 agents. Its former property-management subsidiary was sold in October 2025. Douglas Elliman was established as an independent, publicly traded company following its 2021 separation from Vector Group. Its website is www.elliman.com.

Company details
Sector
Real Estate
Industry (SIC)
Real Estate
Headquarters
MIAMI, FL
Fiscal year end
December
CIK
1878897
SIC
6531

Financial performance, year by year

Fiscal 2021–2025 · USD
$-220.02M$209.03M$638.07M$1.07B$1.50B20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Douglas Elliman Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

110
funds hold it
0 of 35
superinvestors hold it
$38.19M
held by funds, at market
22.7%
of shares held by funds

Largest fund holders · Douglas Elliman Inc.’s weight in each

Columbia Small Cap Value Discovery Fund
CSMIX · COLUMBIA FUNDS SERIES TRUST I
—of fund net assets
Moerus Worldwide Fund
MOWNX · Northern Lights Fund Trust IV
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
Strategic Advisers U.S. Total Stock Fund
FSAKX · Fidelity Rutland Square Trust II
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Douglas Elliman Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Douglas Elliman Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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