vs
Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT). Click either name above to swap in a different company.
Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $158.8M, roughly 1.5× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 27.9%, a 9.8% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs 0.9%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 10.7%).
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.
DOUG vs EPRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $158.8M |
| Net Profit | $68.6M | $60.0M |
| Gross Margin | — | — |
| Operating Margin | 27.3% | 56.5% |
| Net Margin | 27.9% | 37.8% |
| Revenue YoY | 0.9% | 22.8% |
| Net Profit YoY | 1243.4% | 6.5% |
| EPS (diluted) | $0.80 | $0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $158.8M | ||
| Q4 25 | $245.4M | $149.9M | ||
| Q3 25 | $262.8M | $144.9M | ||
| Q2 25 | $271.4M | $137.1M | ||
| Q1 25 | $253.4M | $129.4M | ||
| Q4 24 | $243.3M | $119.7M | ||
| Q3 24 | $266.3M | $117.1M | ||
| Q2 24 | $285.8M | $109.3M |
| Q1 26 | — | $60.0M | ||
| Q4 25 | $68.6M | $68.1M | ||
| Q3 25 | $-24.7M | $65.6M | ||
| Q2 25 | $-22.7M | $63.2M | ||
| Q1 25 | $-6.0M | $56.1M | ||
| Q4 24 | $-6.0M | $55.4M | ||
| Q3 24 | $-27.2M | $49.1M | ||
| Q2 24 | $-1.7M | $51.5M |
| Q1 26 | — | 56.5% | ||
| Q4 25 | 27.3% | 65.9% | ||
| Q3 25 | -4.1% | 64.7% | ||
| Q2 25 | -2.0% | 64.1% | ||
| Q1 25 | -2.1% | 61.6% | ||
| Q4 24 | -6.7% | 66.1% | ||
| Q3 24 | -2.8% | 59.7% | ||
| Q2 24 | -1.3% | 61.1% |
| Q1 26 | — | 37.8% | ||
| Q4 25 | 27.9% | 45.4% | ||
| Q3 25 | -9.4% | 45.3% | ||
| Q2 25 | -8.4% | 46.1% | ||
| Q1 25 | -2.4% | 43.4% | ||
| Q4 24 | -2.5% | 46.3% | ||
| Q3 24 | -10.2% | 42.0% | ||
| Q2 24 | -0.6% | 47.1% |
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.80 | $0.34 | ||
| Q3 25 | $-0.29 | $0.33 | ||
| Q2 25 | $-0.27 | $0.32 | ||
| Q1 25 | $-0.07 | $0.29 | ||
| Q4 24 | $-0.06 | $0.31 | ||
| Q3 24 | $-0.33 | $0.27 | ||
| Q2 24 | $-0.02 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $115.5M | $15.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $183.9M | $4.4B |
| Total Assets | $444.4M | $7.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $15.2M | ||
| Q4 25 | $115.5M | $60.2M | ||
| Q3 25 | $143.0M | $23.8M | ||
| Q2 25 | $136.3M | $20.8M | ||
| Q1 25 | $136.8M | $47.0M | ||
| Q4 24 | $145.5M | $40.7M | ||
| Q3 24 | $151.4M | $32.7M | ||
| Q2 24 | $92.9M | $23.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $1.9B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $183.9M | $4.2B | ||
| Q3 25 | $115.1M | $3.8B | ||
| Q2 25 | $137.6M | $3.8B | ||
| Q1 25 | $158.2M | $3.8B | ||
| Q4 24 | $162.2M | $3.6B | ||
| Q3 24 | $173.6M | $3.2B | ||
| Q2 24 | $196.9M | $3.2B |
| Q1 26 | — | $7.2B | ||
| Q4 25 | $444.4M | $6.9B | ||
| Q3 25 | $480.6M | $6.6B | ||
| Q2 25 | $489.0M | $6.3B | ||
| Q1 25 | $493.9M | $6.1B | ||
| Q4 24 | $493.9M | $5.8B | ||
| Q3 24 | $502.7M | $5.5B | ||
| Q2 24 | $463.9M | $5.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.59× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-14.4M | — |
| Free Cash FlowOCF − Capex | $-14.7M | — |
| FCF MarginFCF / Revenue | -6.0% | — |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | -0.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-14.4M | $381.1M | ||
| Q3 25 | $5.5M | $99.0M | ||
| Q2 25 | $642.0K | $99.8M | ||
| Q1 25 | $-5.6M | $77.2M | ||
| Q4 24 | $-9.0M | $308.5M | ||
| Q3 24 | $9.0M | $73.5M | ||
| Q2 24 | $1.3M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-14.7M | — | ||
| Q3 25 | $4.7M | — | ||
| Q2 25 | $-575.0K | — | ||
| Q1 25 | $-6.7M | — | ||
| Q4 24 | $-10.2M | — | ||
| Q3 24 | $7.7M | — | ||
| Q2 24 | $432.0K | — |
| Q1 26 | — | — | ||
| Q4 25 | -6.0% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | -0.2% | — | ||
| Q1 25 | -2.6% | — | ||
| Q4 24 | -4.2% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | -0.21× | 5.60× | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 5.57× | ||
| Q3 24 | — | 1.50× | ||
| Q2 24 | — | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
EPRT
| Rental revenue 1,2 | $149.4M | 94% |
| Other | $8.6M | 5% |
| Other revenue | $779.0K | 0% |
