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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and FIRST ADVANTAGE CORP (FA). Click either name above to swap in a different company.

FIRST ADVANTAGE CORP is the larger business by last-quarter revenue ($420.0M vs $245.4M, roughly 1.7× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 0.8%, a 27.1% gap on every dollar of revenue. On growth, FIRST ADVANTAGE CORP posted the faster year-over-year revenue change (36.8% vs 0.9%). FIRST ADVANTAGE CORP produced more free cash flow last quarter ($62.2M vs $-14.7M). Over the past eight quarters, FIRST ADVANTAGE CORP's revenue compounded faster (57.5% 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.

First Advantage Corp is a leading global provider of end-to-end workforce screening and background verification solutions. It serves clients across diverse sectors including technology, healthcare, finance, retail, and manufacturing, ranging from small businesses to large multinational enterprises, helping reduce hiring risks, meet regulatory requirements, and build secure, trusted work environments globally.

DOUG vs FA — Head-to-Head

Bigger by revenue
FA
FA
1.7× larger
FA
$420.0M
$245.4M
DOUG
Growing faster (revenue YoY)
FA
FA
+35.9% gap
FA
36.8%
0.9%
DOUG
Higher net margin
DOUG
DOUG
27.1% more per $
DOUG
27.9%
0.8%
FA
More free cash flow
FA
FA
$76.8M more FCF
FA
$62.2M
$-14.7M
DOUG
Faster 2-yr revenue CAGR
FA
FA
Annualised
FA
57.5%
10.7%
DOUG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DOUG
DOUG
FA
FA
Revenue
$245.4M
$420.0M
Net Profit
$68.6M
$3.5M
Gross Margin
Operating Margin
27.3%
10.7%
Net Margin
27.9%
0.8%
Revenue YoY
0.9%
36.8%
Net Profit YoY
1243.4%
103.5%
EPS (diluted)
$0.80
$0.03

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.

Revenue
DOUG
DOUG
FA
FA
Q4 25
$245.4M
$420.0M
Q3 25
$262.8M
$409.2M
Q2 25
$271.4M
$390.6M
Q1 25
$253.4M
$354.6M
Q4 24
$243.3M
$307.1M
Q3 24
$266.3M
$199.1M
Q2 24
$285.8M
$184.5M
Q1 24
$200.2M
$169.4M
Net Profit
DOUG
DOUG
FA
FA
Q4 25
$68.6M
$3.5M
Q3 25
$-24.7M
$2.6M
Q2 25
$-22.7M
$308.0K
Q1 25
$-6.0M
$-41.2M
Q4 24
$-6.0M
$-100.4M
Q3 24
$-27.2M
$-8.9M
Q2 24
$-1.7M
$1.9M
Q1 24
$-41.5M
$-2.9M
Operating Margin
DOUG
DOUG
FA
FA
Q4 25
27.3%
10.7%
Q3 25
-4.1%
10.3%
Q2 25
-2.0%
9.7%
Q1 25
-2.1%
2.1%
Q4 24
-6.7%
-26.3%
Q3 24
-2.8%
4.6%
Q2 24
-1.3%
5.4%
Q1 24
-20.7%
-0.4%
Net Margin
DOUG
DOUG
FA
FA
Q4 25
27.9%
0.8%
Q3 25
-9.4%
0.6%
Q2 25
-8.4%
0.1%
Q1 25
-2.4%
-11.6%
Q4 24
-2.5%
-32.7%
Q3 24
-10.2%
-4.4%
Q2 24
-0.6%
1.0%
Q1 24
-20.7%
-1.7%
EPS (diluted)
DOUG
DOUG
FA
FA
Q4 25
$0.80
$0.03
Q3 25
$-0.29
$0.01
Q2 25
$-0.27
$0.00
Q1 25
$-0.07
$-0.24
Q4 24
$-0.06
$-0.67
Q3 24
$-0.33
$-0.06
Q2 24
$-0.02
$0.01
Q1 24
$-0.50
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOUG
DOUG
FA
FA
Cash + ST InvestmentsLiquidity on hand
$115.5M
$240.0M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$183.9M
$1.3B
Total Assets
$444.4M
$3.8B
Debt / EquityLower = less leverage
1.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOUG
DOUG
FA
FA
Q4 25
$115.5M
$240.0M
Q3 25
$143.0M
$216.8M
Q2 25
$136.3M
$184.3M
Q1 25
$136.8M
$172.0M
Q4 24
$145.5M
$168.7M
Q3 24
$151.4M
$307.4M
Q2 24
$92.9M
$269.6M
Q1 24
$91.5M
$246.0M
Total Debt
DOUG
DOUG
FA
FA
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DOUG
DOUG
FA
FA
Q4 25
$183.9M
$1.3B
Q3 25
$115.1M
$1.3B
Q2 25
$137.6M
$1.3B
Q1 25
$158.2M
$1.3B
Q4 24
$162.2M
$1.3B
Q3 24
$173.6M
$920.7M
Q2 24
$196.9M
$913.3M
Q1 24
$195.1M
$907.7M
Total Assets
DOUG
DOUG
FA
FA
Q4 25
$444.4M
$3.8B
Q3 25
$480.6M
$3.9B
Q2 25
$489.0M
$3.9B
Q1 25
$493.9M
$3.9B
Q4 24
$493.9M
$3.9B
Q3 24
$502.7M
$1.7B
Q2 24
$463.9M
$1.6B
Q1 24
$461.1M
$1.6B
Debt / Equity
DOUG
DOUG
FA
FA
Q4 25
1.61×
Q3 25
1.64×
Q2 25
1.65×
Q1 25
1.69×
Q4 24
1.66×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOUG
DOUG
FA
FA
Operating Cash FlowLast quarter
$-14.4M
$65.9M
Free Cash FlowOCF − Capex
$-14.7M
$62.2M
FCF MarginFCF / Revenue
-6.0%
14.8%
Capex IntensityCapex / Revenue
0.1%
0.9%
Cash ConversionOCF / Net Profit
-0.21×
19.01×
TTM Free Cash FlowTrailing 4 quarters
$-17.2M
$188.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOUG
DOUG
FA
FA
Q4 25
$-14.4M
$65.9M
Q3 25
$5.5M
$72.4M
Q2 25
$642.0K
$37.3M
Q1 25
$-5.6M
$19.5M
Q4 24
$-9.0M
$-85.7M
Q3 24
$9.0M
$43.5M
Q2 24
$1.3M
$32.0M
Q1 24
$-27.3M
$38.3M
Free Cash Flow
DOUG
DOUG
FA
FA
Q4 25
$-14.7M
$62.2M
Q3 25
$4.7M
$71.2M
Q2 25
$-575.0K
$36.1M
Q1 25
$-6.7M
$19.0M
Q4 24
$-10.2M
$-86.0M
Q3 24
$7.7M
$43.1M
Q2 24
$432.0K
$31.4M
Q1 24
$-29.4M
$38.0M
FCF Margin
DOUG
DOUG
FA
FA
Q4 25
-6.0%
14.8%
Q3 25
1.8%
17.4%
Q2 25
-0.2%
9.2%
Q1 25
-2.6%
5.4%
Q4 24
-4.2%
-28.0%
Q3 24
2.9%
21.6%
Q2 24
0.2%
17.0%
Q1 24
-14.7%
22.4%
Capex Intensity
DOUG
DOUG
FA
FA
Q4 25
0.1%
0.9%
Q3 25
0.3%
0.3%
Q2 25
0.4%
0.3%
Q1 25
0.4%
0.1%
Q4 24
0.5%
0.1%
Q3 24
0.5%
0.2%
Q2 24
0.3%
0.4%
Q1 24
1.0%
0.2%
Cash Conversion
DOUG
DOUG
FA
FA
Q4 25
-0.21×
19.01×
Q3 25
27.91×
Q2 25
121.25×
Q1 25
Q4 24
Q3 24
Q2 24
17.22×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOUG
DOUG

Commissions And Other Brokerage Income$240.3M98%
Property Management Income$2.8M1%
Property Management$2.2M1%

FA
FA

First Advantage Americas$209.9M50%
Sterling$185.9M44%
First Advantage International$24.2M6%

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