GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Micro Devices Inc (NAS:AMD) » Definitions » Earnings Yield (Joel Greenblatt) %

AMD (Advanced Micro Devices) Earnings Yield (Joel Greenblatt) % : 1.73% (As of Mar. 2025)


View and export this data going back to 1979. Start your Free Trial

What is Advanced Micro Devices Earnings Yield (Joel Greenblatt) %?

Advanced Micro Devices's Enterprise Value for the quarter that ended in Mar. 2025 was $164,476 Mil. Advanced Micro Devices's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was $2,837 Mil. Advanced Micro Devices's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 1.73%.

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

AMD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.87   Med: 0.84   Max: 3.58
Current: 1.75

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Advanced Micro Devices was 3.58%. The lowest was -25.87%. And the median was 0.84%.

AMD's Earnings Yield (Joel Greenblatt) % is ranked worse than
51.68% of 1010 companies
in the Semiconductors industry
Industry Median: 1.915 vs AMD: 1.75

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) %. Advanced Micro Devices's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 21.46%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


Advanced Micro Devices Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Advanced Micro Devices'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.

Advanced Micro Devices Earnings Yield (Joel Greenblatt) % Chart

Advanced Micro Devices Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 2.17 1.25 0.25 1.08

Advanced Micro Devices Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial 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 0.27 0.42 0.59 1.08 1.73

Competitive Comparison of Advanced Micro Devices's Earnings Yield (Joel Greenblatt) %

For the Semiconductors subindustry, Advanced Micro Devices'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.


Advanced Micro Devices's Earnings Yield (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro Devices's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


;
;

Advanced Micro Devices 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.

Advanced Micro Devicess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2081/193001.38
=1.08 %

Advanced Micro Devices's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,837 Mil.



Advanced Micro Devices  (NAS:AMD) 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.


Advanced Micro Devices Earnings Yield (Joel Greenblatt) % Related Terms

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


Advanced Micro Devices Business Description

Address
2485 Augustine Drive, Santa Clara, CA, USA, 95054
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array leader Xilinx to diversify its business and augment its opportunities in key end markets such as data center and automotive.
Executives
Mark D Papermaster officer: SVP & Chief Technology Officer ONE AMD PLACE, SUNNYVALE CA 94088
Philip Guido officer: EVP & Chief Commercial Officer 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Lisa T Su officer: SVP, GM Global Business Units C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Forrest Eugene Norrod officer: SVP & GM EESC 9507 GLENLAKE DRIVE, AUSTIN TX 78730
Jean X. Hu officer: EVP, CFO and Treasurer 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Harry A Wolin officer: SVP & GC ONE AMD PLACE, SUNNYVALE CA 94088
Joseph A Householder director 101 ASH STREET HQ18, SAN DIEGO CA 92101
Darla M Smith other: Chief Accounting Officer 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Paul Darren Grasby officer: SVP & CSO, President EMEA 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Victor Peng officer: President, AECG MIPS TECHNOLOGIES INC, 1225 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Jack M Huynh officer: SVP & GM, Computing & Graphics 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Devinder Kumar officer: SVP, CFO & Treasurer ONE AMD PLACE, MS 68, SUNNYVALE CA 94088
Rick Bergman other: SR VP & GM GPG C/O ADVANCED MICRO DEVICES, INC., 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Elizabeth W Vanderslice director C/O XILINX INC, 2100 LOGIC DRIVE, SAN JOSE CA 95124