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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.
Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $143.5M, roughly 1.7× FTAI Infrastructure Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs -68.1%, a 96.0% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 0.9%). Douglas Elliman Inc. produced more free cash flow last quarter ($-14.7M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% 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.
FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.
DOUG vs FIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $245.4M | $143.5M |
| Net Profit | $68.6M | $-97.7M |
| Gross Margin | — | — |
| Operating Margin | 27.3% | -45.7% |
| Net Margin | 27.9% | -68.1% |
| Revenue YoY | 0.9% | 77.7% |
| Net Profit YoY | 1243.4% | 21.6% |
| EPS (diluted) | $0.80 | $-1.04 |
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 | $143.5M | ||
| Q3 25 | $262.8M | $140.6M | ||
| Q2 25 | $271.4M | $122.3M | ||
| Q1 25 | $253.4M | $96.2M | ||
| Q4 24 | $243.3M | $80.8M | ||
| Q3 24 | $266.3M | $83.3M | ||
| Q2 24 | $285.8M | $84.9M | ||
| Q1 24 | $200.2M | $82.5M |
| Q4 25 | $68.6M | $-97.7M | ||
| Q3 25 | $-24.7M | $-104.5M | ||
| Q2 25 | $-22.7M | $-70.0M | ||
| Q1 25 | $-6.0M | $120.2M | ||
| Q4 24 | $-6.0M | $-124.7M | ||
| Q3 24 | $-27.2M | $-43.0M | ||
| Q2 24 | $-1.7M | $-48.1M | ||
| Q1 24 | $-41.5M | $-50.3M |
| Q4 25 | 27.3% | -45.7% | ||
| Q3 25 | -4.1% | -70.8% | ||
| Q2 25 | -2.0% | -56.4% | ||
| Q1 25 | -2.1% | 81.8% | ||
| Q4 24 | -6.7% | -152.7% | ||
| Q3 24 | -2.8% | -51.7% | ||
| Q2 24 | -1.3% | -56.4% | ||
| Q1 24 | -20.7% | -58.8% |
| Q4 25 | 27.9% | -68.1% | ||
| Q3 25 | -9.4% | -74.4% | ||
| Q2 25 | -8.4% | -57.2% | ||
| Q1 25 | -2.4% | 125.0% | ||
| Q4 24 | -2.5% | -154.4% | ||
| Q3 24 | -10.2% | -51.6% | ||
| Q2 24 | -0.6% | -56.7% | ||
| Q1 24 | -20.7% | -60.9% |
| Q4 25 | $0.80 | $-1.04 | ||
| Q3 25 | $-0.29 | $-1.38 | ||
| Q2 25 | $-0.27 | $-0.73 | ||
| Q1 25 | $-0.07 | $0.89 | ||
| Q4 24 | $-0.06 | $-1.21 | ||
| Q3 24 | $-0.33 | $-0.45 | ||
| Q2 24 | $-0.02 | $-0.52 | ||
| Q1 24 | $-0.50 | $-0.54 |
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 | $57.4M |
| Total DebtLower is stronger | — | $3.8B |
| Stockholders' EquityBook value | $183.9M | $21.3M |
| Total Assets | $444.4M | $5.7B |
| Debt / EquityLower = less leverage | — | 176.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $115.5M | $57.4M | ||
| Q3 25 | $143.0M | $34.7M | ||
| Q2 25 | $136.3M | $33.6M | ||
| Q1 25 | $136.8M | $26.3M | ||
| Q4 24 | $145.5M | $27.8M | ||
| Q3 24 | $151.4M | $20.3M | ||
| Q2 24 | $92.9M | $33.1M | ||
| Q1 24 | $91.5M | $23.0M |
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.3B |
| Q4 25 | $183.9M | $21.3M | ||
| Q3 25 | $115.1M | $181.1M | ||
| Q2 25 | $137.6M | $375.5M | ||
| Q1 25 | $158.2M | $476.2M | ||
| Q4 24 | $162.2M | $202.7M | ||
| Q3 24 | $173.6M | $370.8M | ||
| Q2 24 | $196.9M | $394.8M | ||
| Q1 24 | $195.1M | $402.5M |
| Q4 25 | $444.4M | $5.7B | ||
| Q3 25 | $480.6M | $5.5B | ||
| Q2 25 | $489.0M | $4.4B | ||
| Q1 25 | $493.9M | $4.1B | ||
| Q4 24 | $493.9M | $2.4B | ||
| Q3 24 | $502.7M | $2.4B | ||
| Q2 24 | $463.9M | $2.5B | ||
| Q1 24 | $461.1M | $2.3B |
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | — | 3.34× |
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 | $-2.8M |
| Free Cash FlowOCF − Capex | $-14.7M | $-68.6M |
| FCF MarginFCF / Revenue | -6.0% | -47.8% |
| Capex IntensityCapex / Revenue | 0.1% | 45.9% |
| Cash ConversionOCF / Net Profit | -0.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $-398.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-14.4M | $-2.8M | ||
| Q3 25 | $5.5M | $-24.4M | ||
| Q2 25 | $642.0K | $-5.2M | ||
| Q1 25 | $-5.6M | $-85.7M | ||
| Q4 24 | $-9.0M | $-8.1M | ||
| Q3 24 | $9.0M | $14.2M | ||
| Q2 24 | $1.3M | $-17.6M | ||
| Q1 24 | $-27.3M | $-3.9M |
| Q4 25 | $-14.7M | $-68.6M | ||
| Q3 25 | $4.7M | $-90.7M | ||
| Q2 25 | $-575.0K | $-87.5M | ||
| Q1 25 | $-6.7M | $-151.7M | ||
| Q4 24 | $-10.2M | $-34.3M | ||
| Q3 24 | $7.7M | $-11.7M | ||
| Q2 24 | $432.0K | $-32.1M | ||
| Q1 24 | $-29.4M | $-16.7M |
| Q4 25 | -6.0% | -47.8% | ||
| Q3 25 | 1.8% | -64.5% | ||
| Q2 25 | -0.2% | -71.6% | ||
| Q1 25 | -2.6% | -157.7% | ||
| Q4 24 | -4.2% | -42.4% | ||
| Q3 24 | 2.9% | -14.0% | ||
| Q2 24 | 0.2% | -37.9% | ||
| Q1 24 | -14.7% | -20.3% |
| Q4 25 | 0.1% | 45.9% | ||
| Q3 25 | 0.3% | 47.2% | ||
| Q2 25 | 0.4% | 67.3% | ||
| Q1 25 | 0.4% | 68.6% | ||
| Q4 24 | 0.5% | 32.5% | ||
| Q3 24 | 0.5% | 31.1% | ||
| Q2 24 | 0.3% | 17.2% | ||
| Q1 24 | 1.0% | 15.6% |
| Q4 25 | -0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.71× | ||
| 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% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
