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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and Fat Brands, Inc (FAT). Click either name above to swap in a different company.
Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $140.0M, roughly 1.8× Fat Brands, Inc). Douglas Elliman Inc. runs the higher net margin — 27.9% vs -41.6%, a 69.5% gap on every dollar of revenue. On growth, Douglas Elliman Inc. posted the faster year-over-year revenue change (0.9% vs -2.3%). Douglas Elliman Inc. produced more free cash flow last quarter ($-14.7M vs $-16.9M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% CAGR vs -6.1%).
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.
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
DOUG vs FAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $140.0M |
| Net Profit | $68.6M | $-58.2M |
| Gross Margin | — | — |
| Operating Margin | 27.3% | -12.4% |
| Net Margin | 27.9% | -41.6% |
| Revenue YoY | 0.9% | -2.3% |
| Net Profit YoY | 1243.4% | -30.1% |
| EPS (diluted) | $0.80 | $-3.39 |
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.
| Q4 25 | $245.4M | — | ||
| Q3 25 | $262.8M | $140.0M | ||
| Q2 25 | $271.4M | $146.8M | ||
| Q1 25 | $253.4M | $142.0M | ||
| Q4 24 | $243.3M | $145.3M | ||
| Q3 24 | $266.3M | $143.4M | ||
| Q2 24 | $285.8M | $152.0M | ||
| Q1 24 | $200.2M | $152.0M |
| Q4 25 | $68.6M | — | ||
| Q3 25 | $-24.7M | $-58.2M | ||
| Q2 25 | $-22.7M | $-54.2M | ||
| Q1 25 | $-6.0M | $-46.0M | ||
| Q4 24 | $-6.0M | $-67.4M | ||
| Q3 24 | $-27.2M | $-44.8M | ||
| Q2 24 | $-1.7M | $-39.4M | ||
| Q1 24 | $-41.5M | $-38.3M |
| Q4 25 | 27.3% | — | ||
| Q3 25 | -4.1% | -12.4% | ||
| Q2 25 | -2.0% | -10.6% | ||
| Q1 25 | -2.1% | -6.0% | ||
| Q4 24 | -6.7% | -27.1% | ||
| Q3 24 | -2.8% | -6.2% | ||
| Q2 24 | -1.3% | -1.8% | ||
| Q1 24 | -20.7% | -0.9% |
| Q4 25 | 27.9% | — | ||
| Q3 25 | -9.4% | -41.6% | ||
| Q2 25 | -8.4% | -36.9% | ||
| Q1 25 | -2.4% | -32.4% | ||
| Q4 24 | -2.5% | -46.4% | ||
| Q3 24 | -10.2% | -31.2% | ||
| Q2 24 | -0.6% | -25.9% | ||
| Q1 24 | -20.7% | -25.2% |
| Q4 25 | $0.80 | — | ||
| Q3 25 | $-0.29 | $-3.39 | ||
| Q2 25 | $-0.27 | $-3.17 | ||
| Q1 25 | $-0.07 | $-2.73 | ||
| Q4 24 | $-0.06 | $-4.06 | ||
| Q3 24 | $-0.33 | $-2.74 | ||
| Q2 24 | $-0.02 | $-2.43 | ||
| Q1 24 | $-0.50 | $-2.37 |
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 | — |
| Total DebtLower is stronger | — | $1.3B |
| Stockholders' EquityBook value | $183.9M | $-585.8M |
| Total Assets | $444.4M | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.5M | — | ||
| Q3 25 | $143.0M | — | ||
| Q2 25 | $136.3M | — | ||
| Q1 25 | $136.8M | — | ||
| Q4 24 | $145.5M | — | ||
| Q3 24 | $151.4M | — | ||
| Q2 24 | $92.9M | — | ||
| Q1 24 | $91.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $183.9M | — | ||
| Q3 25 | $115.1M | $-585.8M | ||
| Q2 25 | $137.6M | $-536.5M | ||
| Q1 25 | $158.2M | $-493.9M | ||
| Q4 24 | $162.2M | $-455.7M | ||
| Q3 24 | $173.6M | $-386.1M | ||
| Q2 24 | $196.9M | $-338.6M | ||
| Q1 24 | $195.1M | $-296.8M |
| Q4 25 | $444.4M | — | ||
| Q3 25 | $480.6M | $1.2B | ||
| Q2 25 | $489.0M | $1.2B | ||
| Q1 25 | $493.9M | $1.3B | ||
| Q4 24 | $493.9M | $1.3B | ||
| Q3 24 | $502.7M | $1.3B | ||
| Q2 24 | $463.9M | $1.4B | ||
| Q1 24 | $461.1M | $1.4B |
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 | $-14.5M |
| Free Cash FlowOCF − Capex | $-14.7M | $-16.9M |
| FCF MarginFCF / Revenue | -6.0% | -12.1% |
| Capex IntensityCapex / Revenue | 0.1% | 1.7% |
| Cash ConversionOCF / Net Profit | -0.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $-75.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | — | ||
| Q3 25 | $5.5M | $-14.5M | ||
| Q2 25 | $642.0K | $-26.9M | ||
| Q1 25 | $-5.6M | $-13.2M | ||
| Q4 24 | $-9.0M | $-10.4M | ||
| Q3 24 | $9.0M | $-3.2M | ||
| Q2 24 | $1.3M | $-14.2M | ||
| Q1 24 | $-27.3M | $-28.4M |
| Q4 25 | $-14.7M | — | ||
| Q3 25 | $4.7M | $-16.9M | ||
| Q2 25 | $-575.0K | $-29.3M | ||
| Q1 25 | $-6.7M | $-17.8M | ||
| Q4 24 | $-10.2M | $-11.0M | ||
| Q3 24 | $7.7M | $-11.1M | ||
| Q2 24 | $432.0K | $-24.4M | ||
| Q1 24 | $-29.4M | $-32.5M |
| Q4 25 | -6.0% | — | ||
| Q3 25 | 1.8% | -12.1% | ||
| Q2 25 | -0.2% | -20.0% | ||
| Q1 25 | -2.6% | -12.5% | ||
| Q4 24 | -4.2% | -7.6% | ||
| Q3 24 | 2.9% | -7.7% | ||
| Q2 24 | 0.2% | -16.1% | ||
| Q1 24 | -14.7% | -21.4% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.3% | 1.7% | ||
| Q2 25 | 0.4% | 1.6% | ||
| Q1 25 | 0.4% | 3.2% | ||
| Q4 24 | 0.5% | 0.4% | ||
| Q3 24 | 0.5% | 5.5% | ||
| Q2 24 | 0.3% | 6.7% | ||
| Q1 24 | 1.0% | 2.7% |
| Q4 25 | -0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
