DEI vs VNO vs KRC Stock Comparison

Douglas Emmett, Vornado Realty Trust and Kilroy Realty Prices as of Nov 2, 2026 Peers: Industry group
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DEI Douglas Emmett Inc
$10.14 +3.3% 1M -21.6% 1Y
Market cap
$1.75B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.07%
Office REITs Real Estate
1 win
VNO Vornado Realty Trust
$34.99 +3.7% 1M -7.8% 1Y
Market cap
$6.51B
P/E
1,126x
Revenue (TTM)
$1.83B
Div. yield
–
Office REITs Real Estate
5 wins
KRC Kilroy Realty Corp
$36.52 +8.6% 1M -13.6% 1Y
Market cap
$4.30B
P/E
150.3x
Revenue (TTM)
$1.09B
Div. yield
0.06%
Office REITs Real Estate
4 wins

Head to Head

10 decided of 12

Vornado Realty Trust leads on 5 of the 12 questions below (Vornado Realty Trust 5, Kilroy Realty 4, Douglas Emmett 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDEIVNOKRCLeader
Larger companyMarket capitalisation $1.75B $6.51B $4.30B VNO
Cheaper on earningsLower P/E, profitable companies only -76.6x 1,126x 150.3x KRC
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 156.7x –
Faster revenue growthRevenue growth, trailing twelve months +0.8% +1.4% -3.6% VNO
More profitableNet margin, trailing twelve months -2.3% 0.3% 2.6% KRC
Better return on capitalReturn on invested capital — 2.3% — –
Less leveragedLower net debt / EBITDA 23.3x 7.1x — VNO
Higher dividend yieldTrailing dividend yield 0.07% 0.00% 0.06% DEI
Better 1-year returnPrice return, last 12 months -21.6% -7.8% -13.6% VNO
Better 5-year returnAnnualised price return, 5 years -21.7%/yr -4.6%/yr -12.2%/yr VNO
Less volatileAnnualised volatility, 1 year 30.7% 32.6% 29.3% KRC
Higher overall scoreMean of the five percentile scores vs peers 31/100 29/100 45/100 KRC

Percentile Scorecard

DEIVNOKRC

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

AxisDEIVNOKRC
Valuation 64 #53 of 145 28 #105 of 145 71 #43 of 145
Growth 6 #136 of 144 11 #128 of 144 1 #143 of 144
Profitability 20 #112 of 140 38 #87 of 140 45 #77 of 140
Financial Health 15 #125 of 146 33 #98 of 146 67 #49 of 146
Shareholder Returns 52 #64 of 132 37 #84 of 132 42 #77 of 132
Overall 31 29 45
  • DEI ranked among 149 companies in Property REITs
  • VNO ranked among 149 companies in Property REITs
  • KRC ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodDEIVNOKRCSPY
1 month +3.3%+3.7%+8.6% -2.3%
3 months -14.7%-12.4%-6.4% -0.7%
6 months -8.6%+17.9%+10.9% +4.8%
Year to date -7.7%+5.1%-2.3% +10.3%
1 year -21.6%-7.8%-13.6% +10.3%
3 years -21.3%+51.7%+15.9% +73.0%
3 years, per year -7.7%+14.9%+5.1% +20.1%
5 years -70.5%-21.2%-47.7% +61.9%
5 years, per year -21.7%-4.6%-12.2% +10.1%
10 years -71.3%-50.7%-47.2% +258.6%
10 years, per year -11.7%-6.8%-6.2% +13.6%

Risk

MeasureDEIVNOKRCSPY
Volatility, 1Y 30.7%32.6%29.3% 12.8%
Downside volatility, 1Y 30.3%33.3%30.0% 12.8%
Beta vs S&P 500, 1Y 0.610.980.55 1.00
Return / volatility, 1Y -0.70-0.24-0.46 0.80
Max drawdown, 5Y -75.1%-73.6%-67.0% -25.4%
From 52-week high -21.8%-14.5%-16.0% -3.5%
52-week high $12.96$40.91$43.48 $779.14
52-week low $9.18$24.71$27.72 $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.

MultipleDEIVNOKRC
P/E now vs peer median -74.2xmedian 26.3x 1,133xmedian 26.3x 148.6xmedian 26.3x
P/S now vs peer median 1.7xmedian 4.2x 3.6xmedian 4.2x 3.9xmedian 4.2x
EV/EBITDA now vs peer median 30.6xmedian 14.4x 14.0xmedian 14.4x —median 14.4x
P/FCF now vs peer median -22.5xmedian 23.9x -15.7xmedian 23.9x -60.5xmedian 23.9x
P/B now vs peer median 0.5xmedian 1.3x 1.1xmedian 1.3x 0.8xmedian 1.3x
PEG now vs peer median 2.20median 1.98 43.14median 1.98 -3.02median 1.98

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 monthsDEIVNOKRC
Revenue $1.01B $1.83B $1.09B
Gross profit $636.52M – –
Operating income -$179.54M – –
Net income -$55.59M $49.20M $47.42M
Free cash flow -$75.33M -$416.33M -$70.24M
EPS (diluted) $-0.14 $0.03 $0.24
Cash & equivalents $354.96M $675.35M $94.30M
Total debt $5.72B $7.44B $4.38B
Shares (diluted) 167.49M 194.20M 117.24M
Enterprise value $290.41M $2.90B $3.45B

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
MetricDEIVNOKRC
P/E -74.2x 1,133x 148.6x
P/FCF -22.5x -15.7x -60.5x
P/Operating cash flow 4.4x 16.7x 8.6x
P/S 1.7x 3.6x 3.9x
P/B 0.5x 1.1x 0.8x
P/Tangible book 0.5x 1.1x 0.8x
EV/EBITDA 30.6x 14.0x –
EV/EBIT -39.4x 33.1x –
EV/Revenue 7.0x 7.3x 7.8x
EV/FCF -93.8x -32.0x -121.0x
EV/Operating cash flow 18.3x 34.0x 17.2x
PEG (3Y EPS CAGR) 2.20 43.14 -3.02

Growth

14 metrics
MetricDEIVNOKRC
Revenue growth (1Y) 0.8% 1.4% -3.6%
Revenue CAGR (3Y) -0.2% 0.1% -1.7%
Gross profit growth (1Y) 0.5% – –
Gross profit CAGR (3Y) -1.2% – –
Operating income growth (1Y) -4.6% – –
Operating income CAGR (3Y) -8.3% – –
Net income growth (1Y) -267.2% -94.6% -86.5%
Net income CAGR (3Y) -45.8% 28.4% -42.1%
EPS growth (1Y) -160.7% -99.3% -91.0%
EPS CAGR (3Y) -33.8% 26.3% -49.1%
Operating cash flow growth (1Y) -1.5% -71.9% -12.6%
Operating cash flow CAGR (3Y) -7.2% -19.3% -6.3%
Free cash flow growth (1Y) -134.4% -145.3% -237.0%
Free cash flow CAGR (3Y) -31.1% -66.0% -52.0%

Profitability

14 metrics
MetricDEIVNOKRC
Gross margin 63.2% – –
EBITDA margin 22.9% 52.0% –
Operating margin -17.8% – –
Pretax margin -45.0% 2.9% –
Net margin -2.3% 0.3% 2.6%
FCF margin -7.5% -22.8% -6.5%
Operating cash flow margin 38.3% 21.4% 45.5%
Return on equity -2.0% 0.7% 0.9%
Return on assets -0.7% 0.3% 0.4%
Return on invested capital – 2.3% –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) -6.9x 7.9x 10.4x
Stock comp / revenue 2.1% 1.4% 1.5%

Financial Health

11 metrics
MetricDEIVNOKRC
Debt / assets 59.9% 47.7% 41.8%
Debt / equity 1.6x 1.2x 0.8x
Net debt / EBITDA 23.3x 7.1x –
Debt / FCF -76.0x -17.9x -62.3x
Liabilities / assets 63.2% 61.8% 48.4%
Equity / assets 36.8% 38.2% 51.6%
Interest coverage -0.7x 1.2x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricDEIVNOKRC
Dividend yield 7.5% 2.1% 5.9%
Net buyback yield – 2.0% 1.7%
Shareholder yield 7.5% 4.2% 7.6%
Payout ratio (earnings) -228.9% – 539.6%
Payout ratio (FCF) -169.0% – -364.3%
Dividend growth (1Y) 0.0% – -0.7%
Dividend CAGR (3Y) -8.3% – 0.1%

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.

ConsensusDEIVNOKRC
Forward P/E – – 156.7xFY2026
EPS, next fiscal year $-0.12FY2026 $-0.40FY2026 $0.23FY2026
EPS growth, next FY -233.3%FY2026 -109.5%FY2026 -90.1%FY2026
EPS growth, the year after – – +82.6%
Revenue, next fiscal year $1.09BFY2026 $1.78BFY2026 $1.13BFY2026
Revenue growth, next FY +9.1%FY2026 -1.9%FY2026 +2.1%FY2026
Revenue growth, the year after -6.2% +24.9% +0.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDEIVNOKRC
Held by institutions 100.0% 99.2% 100.0%
Institutions holding 285 433 386
Change in shares held, QoQ +5.5% +14.6% +0.0%
Institutions buying 173 233 213
Institutions selling 77 126 121
Buyers to sellers 2.25 1.85 1.76

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.

DEIVNOKRC
DEI 1.00 0.73 0.75
VNO 0.73 1.00 0.73
KRC 0.75 0.73 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DEI, VNO and KRC?

Vornado Realty Trust (VNO) is the largest by market capitalisation: Douglas Emmett (DEI) $1.75B, Vornado Realty Trust (VNO) $6.51B, Kilroy Realty (KRC) $4.30B.

Which stock is cheaper, DEI, VNO and KRC?

Kilroy Realty (KRC) trades on the lowest price-to-earnings ratio (Douglas Emmett (DEI) -76.6x, Vornado Realty Trust (VNO) 1,126x, Kilroy Realty (KRC) 150.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Vornado Realty Trust (VNO) grew revenue fastest over the trailing twelve months: Douglas Emmett (DEI) +0.8%, Vornado Realty Trust (VNO) +1.4%, Kilroy Realty (KRC) -3.6%.

Which company is more profitable?

Kilroy Realty (KRC) has the highest net margin (Douglas Emmett (DEI) -2.3%, Vornado Realty Trust (VNO) 0.3%, Kilroy Realty (KRC) 2.6%).

Which stock has performed better?

Over the past year Vornado Realty Trust (VNO) returned the most: Douglas Emmett (DEI) -21.6%, Vornado Realty Trust (VNO) -7.8%, Kilroy Realty (KRC) -13.6%. Over five years, Vornado Realty Trust (VNO) compounded fastest (Douglas Emmett (DEI) -21.7%/yr, Vornado Realty Trust (VNO) -4.6%/yr, Kilroy Realty (KRC) -12.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Douglas Emmett (DEI) has the highest dividend yield: Douglas Emmett (DEI) 0.07%, Vornado Realty Trust (VNO) 0.00%, Kilroy Realty (KRC) 0.06%. Vornado Realty Trust (VNO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kilroy Realty (KRC) has been the steadiest (Douglas Emmett (DEI) 30.7%, Vornado Realty Trust (VNO) 32.6%, Kilroy Realty (KRC) 29.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DEI, VNO and KRC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vornado Realty Trust (VNO) 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.