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Douglas Elliman (Douglas Elliman) ROE % : -24.74% (As of Dec. 2023)


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What is Douglas Elliman ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Douglas Elliman's annualized net income for the quarter that ended in Dec. 2023 was $-59.4 Mil. Douglas Elliman's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $239.9 Mil. Therefore, Douglas Elliman's annualized ROE % for the quarter that ended in Dec. 2023 was -24.74%.

The historical rank and industry rank for Douglas Elliman's ROE % or its related term are showing as below:

DOUG' s ROE % Range Over the Past 10 Years
Min: -25.21   Med: -2.05   Max: 44.57
Current: -17.07

During the past 6 years, Douglas Elliman's highest ROE % was 44.57%. The lowest was -25.21%. And the median was -2.05%.

DOUG's ROE % is ranked worse than
88.06% of 1776 companies
in the Real Estate industry
Industry Median: 2.88 vs DOUG: -17.07

Douglas Elliman ROE % Historical Data

The historical data trend for Douglas Elliman's ROE % 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 Elliman ROE % Chart

Douglas Elliman Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 4.14 -25.21 44.57 -2.05 -16.95

Douglas Elliman Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.41 -27.18 -8.38 -7.87 -24.74

Competitive Comparison of Douglas Elliman's ROE %

For the Real Estate Services subindustry, Douglas Elliman's ROE %, along with its competitors' market caps and ROE % 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 Elliman's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Douglas Elliman's ROE % distribution charts can be found below:

* The bar in red indicates where Douglas Elliman's ROE % falls into.



Douglas Elliman ROE % Calculation

Douglas Elliman's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-42.552/( (268.92+233.231)/ 2 )
=-42.552/251.0755
=-16.95 %

Douglas Elliman's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-59.372/( (246.644+233.231)/ 2 )
=-59.372/239.9375
=-24.74 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Douglas Elliman  (NYSE:DOUG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-59.372/239.9375
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-59.372 / 856.544)*(856.544 / 502.2625)*(502.2625 / 239.9375)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.93 %*1.7054*2.0933
=ROA %*Equity Multiplier
=-11.82 %*2.0933
=-24.74 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-59.372/239.9375
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-59.372 / -86.076) * (-86.076 / -92.504) * (-92.504 / 856.544) * (856.544 / 502.2625) * (502.2625 / 239.9375)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6898 * 0.9305 * -10.8 % * 1.7054 * 2.0933
=-24.74 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Douglas Elliman ROE % Related Terms

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


Douglas Elliman (Douglas Elliman) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, Miami, FL, USA, 33137
Douglas Elliman Inc is a real estate company. It offers sales, rentals, and new development to mortgages and title insurance, among other services related to real estate. Business is engaged in two operating segments Real Estate Brokerage and Corporate and other. The firm generates income from Commission and other brokerage revenue from existing home sales, Commission and other brokerage income from development marketing, Property management revenue and Title fees.
Executives
Richard Lampen director, officer: See Remarks 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Howard M Lorber director, officer: Chairman, President & CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Michael Liebowitz director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Lisa M. Seligman officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Kirkland J Bryant Iii officer: SVP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
New Valley Corp 10 percent owner, other: See Remarks INTERNATIONAL PLACE, 100 SE SECOND STREET, MIAMI FL 33131
Vector Group Ltd 10 percent owner, other: See Remarks 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Marc N Bell officer: See Remarks 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
Daniel A. Sachar officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Karen J. Chesleigh officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Stephen T. Larkin officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Lynn Mestel director 4400 BISCAYNE BLVD, MIAMI FL 33137