GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dillard's Inc (NYSE:DDS) » Definitions » Earnings Yield (Joel Greenblatt) %

Dillard's (Dillard's) Earnings Yield (Joel Greenblatt) %

: 16.23% (As of Jan. 2024)
View and export this data going back to 1989. Start your Free Trial

Dillard's's Enterprise Value for the quarter that ended in Jan. 2024 was $5,894 Mil. Dillard's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $950 Mil. Dillard's's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 16.23%.

The historical rank and industry rank for Dillard's's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

DDS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.63   Med: 12.18   Max: 36.52
Current: 15.48

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dillard's was 36.52%. The lowest was -12.63%. And the median was 12.18%.

DDS's Earnings Yield (Joel Greenblatt) % is ranked better than
87.48% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 4.82 vs DDS: 15.48

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Dillard's's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 28.91%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Dillard's Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Dillard's's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dillard's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.04 -4.75 24.27 17.76 16.23

Dillard's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.76 23.42 19.65 20.79 16.23

Competitive Comparison

For the Department Stores subindustry, Dillard's's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dillard's Earnings Yield (Joel Greenblatt) % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Dillard's's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dillard's's Earnings Yield (Joel Greenblatt) % falls into.



Dillard's Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Dillard'ss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=957.257/5893.548827
=16.24 %

Dillard's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $950 Mil.



Dillard's  (NYSE:DDS) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Dillard's Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Dillard's's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dillard's (Dillard's) Business Description

Industry
Traded in Other Exchanges
Address
1600 Cantrell Road, Little Rock, AR, USA, 72201
Dillard's Inc is an American fashion apparel, cosmetics, and home furnishings retailer. Its stores offer a large variety of merchandise and feature products from both national and exclusive brand sources. The company also operates a general contracting construction company, CDI Contractors. CDI Contractors' business includes constructing and remodelling stores for Dillards. The merchandise selections include exclusive brand merchandise such as Antonio Melani, Gianni Bini, Daniel Cremieux, Roundtree & Yorke, and private-label merchandise, among others. The company operates in two business segments; Retail Operations and Construction. The Retail Operations segment generates maximum revenue for the company.
Executives
Watts J C Jr director
Tom W Bolin officer: Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Chris B. Johnson officer: Principal Vice President 1600 CANTRELL RD., LITTLE ROCK AR 72201
Tony J Bolte officer: Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Mike Litchford officer: Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Connor William E Ii director 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Reynie Rutledge director 1600 CANTRLL ROAD, LITTLE ROCK AR 72201
Warren A Stephens director 111 CENTER STREET, LITTLE ROCK AR 72201
Dean L. Worley officer: VP/General Counsel & Secretary 1600 CANTRELL RD., LITTLE ROCK AR 72201
Jame I Freeman director, officer: Senior Vice President and CFO 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Rob C Holmes director 2000 MCKINNEY AVE, STE 700, DALLAS TX 75201
Dillard William T. Iii officer: Vice President 1600 CANTRELL RD., LITTLE ROCK AR 72201
Drue Corbusier director, officer: Executive Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Hastings H. Lee Iii director 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Robert C Connor director

Dillard's (Dillard's) Headlines