Douglas Emmett (DEI) FY2022 results: revenue $994 million, up 8.2% on the year
Douglas Emmett Inc. (DEI) reported revenue of $994 million for fiscal 2022, the year ended 31 December 2022, up 8.2% on the year before. Net income was $97 million, up 48.8%, and diluted earnings per share $0.55. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$994 million
+8.2% on the year
FY2015FY2022
Operating margin
24.3%
21.9% a year earlier
FY2015FY2022
Net income
$97 million
+48.8% on the year
FY2015FY2022
Diluted EPS
$0.55
+48.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
497
447
420
+11.2%
Capital expenditure
162
108
143
+49.6%
Free cash flow
335
338
277
-1.2%
Free cash flow margin
33.7%
36.9%
31.0%
Cash from investing
-561
-289
-265
Cash from financing
-3.0
5.2
-136
Depreciation and amortisation
373
371
385
+0.4%
Share-based compensation
21.0
20.9
21.4
+0.7%
Buybacks
0.0
0.0
n/a
Dividends paid
197
197
196
+0.1%
Dividend per share
$1.03
$1.12
$1.12
-8.0%
Diluted shares, weighted
176m
175m
175m
+0.2%
Shares outstanding at period end
176m
176m
175m
+0.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,562
2,416
2,437
+6.1%
Non-controlling interest
1,713
1,570
1,559
+9.1%
Debt
5,192
5,012
4,745
+3.6%
Other liabilities
280
355
510
-21.3%
Total liabilities and equity
9,747
9,354
9,251
+4.2%
Fixed assets
7.1
2.5
2.4
+185.9%
Intangible assets
3.5
4.2
5.1
-15.2%
Cash and equivalents
269
336
172
-20.0%
Other assets
9,468
9,011
9,071
+5.1%
Total assets
9,747
9,354
9,251
+4.2%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.