Rent the Runway (Rent the Runway) Earnings Yield (Joel Greenblatt) %

: -24.33% (As of Jan. 2024)

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Rent the Runway's Enterprise Value for the quarter that ended in Jan. 2024 was $316.2 Mil. Rent the Runway's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-77.0 Mil. Rent the Runway's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -24.33%.

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

RENT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -56.14 Med: -28.05 Max: -8.21
Current: -24.27

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Rent the Runway was -8.21%. The lowest was -56.14%. And the median was -28.05%.

RENT's Earnings Yield (Joel Greenblatt) % is ranked worse than
91.69% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 4.84 vs RENT: -24.27

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) %. Rent the Runway's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 0.00%. 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.

Rent the Runway Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rent the Runway'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.

Rent the Runway Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Earnings Yield (Joel Greenblatt) %

-29.15

-21.83

-24.33

Rent the Runway Quarterly Data
	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Earnings Yield (Joel Greenblatt) %												-21.83	-23.98	-23.09	-25.58	-24.33

Competitive Comparison

For the Apparel Retail subindustry, Rent the Runway'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.

Rent the Runway Earnings Yield (Joel Greenblatt) % Distribution

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

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

Rent the Runway 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.

Rent the Runways Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-76.9	/	316.15316768
	=	-24.32 %

Rent the Runway'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 $-77.0 Mil.

Rent the Runway (NAS:RENT) 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

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

Rent the Runway Earnings Yield (Joel Greenblatt) % Related Terms

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Rent the Runway (Rent the Runway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rent the Runway Inc (NAS:RENT) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Jay Street, Brooklyn, NY, USA, 11201

Website

https://www.renttherunway.com

Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.

Executives

Jennifer Hyman	director, 10 percent owner, officer: Chief Executive Officer	767 FIFTH AVENUE, C/O THE ESTEE LAUDER COMPANIES INC., NEW YORK NY 10153
Cara Schembri	officer: GC & Secretary	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Brian Donato	officer: Chief Supply Chain Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Siddharth Thacker	officer: Chief Financial Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Andrew Rau	officer: SVP, Supply Chain & Inventory	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Sarah K Tam	officer: Chief Merchant Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Anushka Salinas	officer: President & COO	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Becky Case	officer: SVP, Engineering	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Larry Steinberg	officer: Chief Technology Officer	1000 WINDWARD CONCOURSE, SUITE 250, ALPHARETTA GA 30005
Emil Michael	director	C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
Scarlett O'sullivan	officer: Chief Financial Officer	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
Andrea Alexander	officer: Chief People Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Carley Roney	director	C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Beth J Kaplan	director	1716 LOCUST STREET, DES MOINES IA 50309
Timothy E Bixby	director	C/O SHUTTERSTOCK, 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118