Tearsheet

Douglas Elliman (DOUG)


Market Price (12/4/2025): $2.66 | Market Cap: $225.0 Mil
Sector: Real Estate | Industry: Real Estate Services

Douglas Elliman (DOUG)


Market Price (12/4/2025): $2.66
Market Cap: $225.0 Mil
Sector: Real Estate
Industry: Real Estate Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Megatrend and thematic drivers
Megatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more.
Weak multi-year price returns
2Y Excs Rtn is -8.5%, 3Y Excs Rtn is -101%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -34 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.3%
1   Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.8%, Rev Chg QQuarterly Revenue Change % is -1.3%
2   Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2%
3   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 70%
4   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29%
0 Megatrend and thematic drivers
Megatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -8.5%, 3Y Excs Rtn is -101%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -34 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.3%
3 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.8%, Rev Chg QQuarterly Revenue Change % is -1.3%
4 Not cash flow generative
FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 70%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29%

Valuation, Metrics & Events

DOUG Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

I am unable to provide specific real-time stock movement analysis for the period of August 31, 2025, to December 4, 2025, as this timeframe is in the future and I do not have access to future market data or news events.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
DOUG Return---63%-23%-43%54%-75%
Peers Return9%6%-41%64%-3%66%81%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
DOUG Win Rate- 25%42%42%50% 
Peers Win Rate45%38%25%43%37%50% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
DOUG Max Drawdown---68%-58%-65%-8% 
Peers Max Drawdown-25%-18%-43%-8%-20%-28% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: OPEN, GBR, GYRO, LHAI, CBRE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventDOUGS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-86.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven618.8%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to OPEN, GBR, GYRO, LHAI, CBRE


In The Past

Douglas Elliman's stock fell -86.1% during the 2022 Inflation Shock from a high on 12/31/2021. A -86.1% loss requires a 618.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Douglas Elliman (DOUG)

Better Bets than Douglas Elliman (DOUG)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to DOUG. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
8.5%8.5%-5.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
8.5%8.5%-5.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Douglas Elliman

Peers to compare with:

Financials

DOUGOPENGBRGYROLHAICBREMedian
NameDouglas .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
Mkt Price2.676.940.769.5015.59162.288.22
Mkt Cap0.25.10.00.0-48.40.2
Rev LTM1,0314,719051538,104523
Op Inc LTM-34-204-0-311,464-1
FCF LTM-13887-0-211,1140
FCF 3Y Avg-311,349049-78549
CFO LTM-8899-0-211,4240
CFO 3Y Avg-251,374049-1,08949

Growth & Margins

DOUGOPENGBRGYROLHAICBREMedian
NameDouglas .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
Rev Chg LTM6.7%-4.5%4.1%-1.2%215.1%15.0%5.4%
Rev Chg 3Y Avg-5.8%-31.7%5.8%2.1%-7.9%2.1%
Rev Chg Q-1.3%-33.6%8.1%-1.8%116.2%16.2%3.4%
QoQ Delta Rev Chg LTM-0.3%-8.9%2.0%-0.2%21.2%3.7%0.9%
Op Mgn LTM-3.3%-4.3%-166.9%-50.0%7.3%3.8%-3.8%
Op Mgn 3Y Avg-5.2%-5.4%-141.8%-153.7%-3.5%-5.4%
QoQ Delta Op Mgn LTM-0.0%-0.4%-1.3%2.6%-2.0%0.2%-0.2%
CFO/Rev LTM-0.8%19.1%-26.5%-43.8%5.5%3.7%1.5%
CFO/Rev 3Y Avg-2.6%15.2%0.0%1,138.1%-3.2%3.2%
FCF/Rev LTM-1.2%18.8%-26.5%-43.8%5.5%2.9%0.8%
FCF/Rev 3Y Avg-3.2%14.8%0.0%1,136.7%-2.3%2.3%

Valuation

DOUGOPENGBRGYROLHAICBREMedian
NameDouglas .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
Mkt Cap0.25.10.00.0-48.40.2
P/S0.21.338.20.2-1.11.1
P/EBIT-4.5-32.7-22.9-0.5-28.5-4.5
P/E-4.1-18.7-94.623.9-38.3-4.1
P/CFO-28.66.6-144.3-0.5-29.3-0.5
Total Yield-24.5%-5.4%-1.1%4.2%-2.6%-1.1%
Dividend Yield0.0%0.0%0.0%0.0%-0.0%0.0%
FCF Yield 3Y Avg-17.1%60.3%0.1%3,141.7%-2.5%2.5%
D/E0.60.30.014.6-0.20.3
Net D/E-0.00.1-0.13.6-0.20.1

Returns

DOUGOPENGBRGYROLHAICBREMedian
NameDouglas .Opendoor.New Conc.Gyrodyne Linkhome CBRE  
1M Rtn8.5%-8.6%-17.0%-5.1%47.1%7.7%1.3%
3M Rtn3.9%35.3%-21.8%-6.9%83.8%2.0%2.9%
6M Rtn2.3%1,005.8%-22.8%15.0%-27.4%15.0%
12M Rtn9.0%221.3%-34.4%1.7%-18.3%9.0%
3Y Rtn-31.3%305.8%-41.9%7.8%-104.8%7.8%
1M Excs Rtn8.6%-8.5%-17.0%-5.0%47.1%7.8%1.4%
3M Excs Rtn-4.6%11.1%-28.7%-12.5%79.8%-5.0%-4.8%
6M Excs Rtn-12.4%991.1%-37.6%0.3%-12.6%0.3%
12M Excs Rtn-8.4%183.0%-50.1%-17.8%-2.4%-8.4%
3Y Excs Rtn-100.8%208.5%-117.7%-66.1%-43.3%-66.1%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity1,300,039
Short Interest: % Change Since 10312025-3.0%
Average Daily Volume329,569
Days-to-Cover Short Interest3.94
Basic Shares Quantity84,574,664
Short % of Basic Shares1.5%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251105202510-Q 9/30/2025
6302025805202510-Q 6/30/2025
3312025506202510-Q 3/31/2025
12312024317202510-K 12/31/2024
93020241112202410-Q 9/30/2024
6302024809202410-Q 6/30/2024
3312024510202410-Q 3/31/2024
12312023308202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023809202310-Q 6/30/2023
3312023515202310-Q 3/31/2023
12312022316202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022805202210-Q 6/30/2022
3312022511202210-Q 3/31/2022
12312021331202210-K 12/31/2021