CUZ vs ARE vs DEI Stock Comparison

Cousins Properties, Alexandria Real Estate Equities and Douglas Emmett Prices as of Oct 28, 2026 Peers: Industry group
1 more company in this comparison (BPYPP) Create a free account to keep reading and compare up to 10 companies.
CUZ Cousins Properties Inc
$28.50 +1.5% 1M +8.2% 1Y
Market cap
$4.74B
P/E
738.0x
Revenue (TTM)
$1.03B
Div. yield
0.05%
Office REITs Real Estate
5 wins
DEI Douglas Emmett Inc
$10.01 +3.4% 1M -24.3% 1Y
Market cap
$1.69B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.08%
Office REITs Real Estate
1 win

Head to Head

10 decided of 12

Cousins Properties leads on 5 of the 12 questions below (Cousins Properties 5, Alexandria Real Estate Equities 4, Douglas Emmett 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCUZAREDEILeader
Larger companyMarket capitalisation $4.74B $6.84B $1.69B ARE
Cheaper on earningsLower P/E, profitable companies only 738.0x -4.8x -73.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 135.7x 25.6x — ARE
Faster revenue growthRevenue growth, trailing twelve months +11.9% -9.9% +0.8% CUZ
More profitableNet margin, trailing twelve months 0.6% -52.0% -2.3% CUZ
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA 34.6x — 23.3x DEI
Higher dividend yieldTrailing dividend yield 0.05% 0.09% 0.08% ARE
Better 1-year returnPrice return, last 12 months +8.2% -36.6% -24.3% CUZ
Better 5-year returnAnnualised price return, 5 years -6.4%/yr -27.9%/yr -21.1%/yr CUZ
Less volatileAnnualised volatility, 1 year 27.1% 45.6% 30.9% CUZ
Higher overall scoreMean of the five percentile scores vs peers 29/100 39/100 31/100 ARE

Percentile Scorecard

CUZAREDEI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCUZAREDEI
Valuation 29 #103 of 145 75 #37 of 145 65 #52 of 145
Growth 28 #102 of 142 7 #132 of 142 6 #133 of 142
Profitability 31 #94 of 135 14 #116 of 135 20 #108 of 135
Financial Health 37 #86 of 136 73 #38 of 136 16 #114 of 136
Shareholder Returns 19 #107 of 131 29 #94 of 131 49 #67 of 131
Overall 29 39 31
  • CUZ ranked among 149 companies in Property REITs
  • ARE ranked among 149 companies in Property REITs
  • DEI ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCUZAREDEISPY
1 month +1.5%-18.0%+3.4% +0.9%
3 months -11.8%-25.8%-18.3% +5.9%
6 months +13.7%-2.8%-7.0% +8.5%
Year to date +10.6%-18.5%-8.9% +13.3%
1 year +8.2%-36.6%-24.3% +12.4%
3 years +59.4%-56.5%-10.1% +88.1%
3 years, per year +16.8%-24.2%-3.5% +23.5%
5 years -28.0%-80.4%-69.4% +68.2%
5 years, per year -6.4%-27.9%-21.1% +11.0%
10 years -7.8%-62.0%-72.2% +263.4%
10 years, per year -0.8%-9.2%-12.0% +13.8%

Risk

MeasureCUZAREDEISPY
Volatility, 1Y 27.1%45.6%30.9% 12.7%
Downside volatility, 1Y 28.8%48.5%30.8% 12.7%
Beta vs S&P 500, 1Y 0.590.760.62 1.00
Return / volatility, 1Y 0.30-0.80-0.79 0.98
Max drawdown, 5Y -58.2%-82.1%-75.1% -25.4%
From 52-week high -11.8%-36.6%-24.3% -0.9%
52-week high $32.30$62.94$13.22 $779.14
52-week low $21.34$39.91$9.18 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCUZAREDEI
P/E now vs peer median 730.0xmedian 25.8x -4.7xmedian 25.8x -73.3xmedian 25.8x
P/S now vs peer median 4.5xmedian 4.0x 2.5xmedian 4.0x 1.7xmedian 4.0x
EV/EBITDA now vs peer median 78.1xmedian 14.2x —median 14.2x 30.5xmedian 14.2x
P/FCF now vs peer median -12.7xmedian 23.0x -14.7xmedian 23.0x -22.3xmedian 23.0x
P/B now vs peer median 1.0xmedian 1.3x 0.4xmedian 1.3x 0.5xmedian 1.3x
PEG now vs peer median -11.07median 1.91 0.05median 1.91 2.17median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCUZAREDEI
Revenue $1.03B $2.76B $1.01B
Gross profit $704.58M – $636.52M
Operating income -$322.93M – -$179.54M
Net income $6.88M -$1.39B -$55.59M
Free cash flow -$369.91M -$473.23M -$75.33M
EPS (diluted) $0.04 $-8.40 $-0.14
Cash & equivalents $6.70M $508.86M $354.96M
Total debt $3.73B $12.90B $5.72B
Shares (diluted) 165.29M 170.75M 167.49M
Enterprise value $4.72B -$752.75M $225.93M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCUZAREDEI
P/E 730.0x -4.7x -73.3x
P/FCF -12.7x -14.7x -22.3x
P/Operating cash flow 10.9x 5.9x 4.3x
P/S 4.5x 2.5x 1.7x
P/B 1.0x 0.4x 0.5x
P/Tangible book 1.0x 0.4x 0.5x
EV/EBITDA 78.1x – 30.5x
EV/EBIT -26.1x – -39.2x
EV/Revenue 8.1x 6.4x 7.0x
EV/FCF -22.8x -37.4x -93.5x
EV/Operating cash flow 19.5x 14.9x 18.2x
PEG (3Y EPS CAGR) -11.07 0.05 2.17

Growth

14 metrics
MetricCUZAREDEI
Revenue growth (1Y) 11.9% -9.9% 0.8%
Revenue CAGR (3Y) 9.1% -0.5% -0.2%
Gross profit growth (1Y) 11.0% – 0.5%
Gross profit CAGR (3Y) 10.2% – -1.2%
Operating income growth (1Y) -45.3% – -4.6%
Operating income CAGR (3Y) -21.9% – -8.3%
Net income growth (1Y) -88.7% -339.2% -267.2%
Net income CAGR (3Y) -64.2% -74.6% -45.8%
EPS growth (1Y) -89.1% -239.7% -160.7%
EPS CAGR (3Y) -65.9% -100.7% -33.8%
Operating cash flow growth (1Y) 4.4% -13.7% -1.5%
Operating cash flow CAGR (3Y) 5.4% -9.5% -7.2%
Free cash flow growth (1Y) 47.5% 33.5% -134.4%
Free cash flow CAGR (3Y) -98.0% 43.5% -31.1%

Profitability

14 metrics
MetricCUZAREDEI
Gross margin 68.1% – 63.2%
EBITDA margin 10.4% – 22.9%
Operating margin -31.2% – -17.8%
Pretax margin -48.2% – -45.0%
Net margin 0.6% -52.0% -2.3%
FCF margin -35.7% -17.1% -7.5%
Operating cash flow margin 41.7% 43.0% 38.3%
Return on equity 0.2% -6.6% -2.0%
Return on assets 0.1% -3.6% -0.7%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 62.8x -0.9x -6.9x
Stock comp / revenue 1.6% 1.5% 2.1%

Financial Health

11 metrics
MetricCUZAREDEI
Debt / assets 41.3% 37.9% 59.9%
Debt / equity 0.8x 0.7x 1.6x
Net debt / EBITDA 34.6x – 23.3x
Debt / FCF -10.1x -27.3x -76.0x
Liabilities / assets 50.3% 45.9% 63.2%
Equity / assets 49.7% 54.1% 36.8%
Interest coverage -1.8x – -0.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCUZAREDEI
Dividend yield 4.5% 7.2% 7.6%
Net buyback yield – – –
Shareholder yield 4.5% 7.2% 7.6%
Payout ratio (earnings) 3,132% -43.0% -228.9%
Payout ratio (FCF) -58.2% -126.5% -169.0%
Dividend growth (1Y) 4.8% -34.4% 0.0%
Dividend CAGR (3Y) 3.2% -10.2% -8.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCUZAREDEI
Forward P/E 135.7xFY2026 25.6xFY2026 –
EPS, next fiscal year $0.21FY2026 $1.56FY2026 $-0.12FY2026
EPS growth, next FY -12.5%FY2026 – -233.3%FY2026
EPS growth, the year after +128.6% -150.6% –
Revenue, next fiscal year $1.04BFY2026 $2.71BFY2026 $1.09BFY2026
Revenue growth, next FY +5.6%FY2026 -8.2%FY2026 +9.1%FY2026
Revenue growth, the year after +10.4% -13.7% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCUZAREDEI
Held by institutions 100.0% 97.2% 100.0%
Institutions holding 393 595 283
Change in shares held, QoQ +0.6% +14.1% +5.5%
Institutions buying 200 336 171
Institutions selling 139 191 77
Buyers to sellers 1.44 1.76 2.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CUZAREDEI
CUZ 1.00 0.54 0.70
ARE 0.54 1.00 0.41
DEI 0.70 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CUZ, ARE and DEI?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Cousins Properties (CUZ) $4.74B, Alexandria Real Estate Equities (ARE) $6.84B, Douglas Emmett (DEI) $1.69B.

Which company is growing faster?

Cousins Properties (CUZ) grew revenue fastest over the trailing twelve months: Cousins Properties (CUZ) +11.9%, Alexandria Real Estate Equities (ARE) -9.9%, Douglas Emmett (DEI) +0.8%.

Which company is more profitable?

Cousins Properties (CUZ) has the highest net margin (Cousins Properties (CUZ) 0.6%, Alexandria Real Estate Equities (ARE) -52.0%, Douglas Emmett (DEI) -2.3%).

Which stock has performed better?

Over the past year Cousins Properties (CUZ) returned the most: Cousins Properties (CUZ) +8.2%, Alexandria Real Estate Equities (ARE) -36.6%, Douglas Emmett (DEI) -24.3%. Over five years, Cousins Properties (CUZ) compounded fastest (Cousins Properties (CUZ) -6.4%/yr, Alexandria Real Estate Equities (ARE) -27.9%/yr, Douglas Emmett (DEI) -21.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Cousins Properties (CUZ) 0.05%, Alexandria Real Estate Equities (ARE) 0.09%, Douglas Emmett (DEI) 0.08%.

Which stock is riskier?

By one-year price volatility, Cousins Properties (CUZ) has been the steadiest (Cousins Properties (CUZ) 27.1%, Alexandria Real Estate Equities (ARE) 45.6%, Douglas Emmett (DEI) 30.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CUZ, ARE and DEI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cousins Properties (CUZ) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.