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American WellAMWL +0.17%50 Earnings Yield (Joel Greenblatt) % is 322.58% as of Jun. 2026. GuruFocus rates AMWL with a GF Score™ of 50/100 and a GF Value™ of $6.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 684 Healthcare Providers & Services companies, American Well ranks worse than 99.56% on this metric.
American Well's Enterprise Value for the quarter that ended in Jun. 2026 was $-25.5 Mil.
American Well's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-81.5 Mil. American Well's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 322.58%.
The historical rank and industry rank for American Well's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AMWL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40860.78 Med: -4.41 Max: 16588.63
Current: -357.14
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of American Well was 16588.63%. The lowest was -40860.78%. And the median was -4.41%.
AMWL's Earnings Yield (Joel Greenblatt) % is ranked worse than 99.56% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 3.685
vs AMWL: -357.14
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) %. American Well's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. 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.
American Well (NYSE:AMWL) 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.
American Well Earnings Yield (Joel Greenblatt) % Related Terms
American Well Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for American Well'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.
American Well Earnings Yield (Joel Greenblatt) % Chart
For the Health Information Services subindustry, American Well'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.
American Well Earnings Yield (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, American Well's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where American Well's Earnings Yield (Joel Greenblatt) % falls into.
American Well 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.
American Wells Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
American Well's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-81.5 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 322.58% mean?
American Well (AMWL) has a Earnings Yield (Joel Greenblatt) % of 322.58% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on American Well and its competitors. According to the industry distribution chart, American Well ranks #681 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 99.6%.
Is American Well's Earnings Yield (Joel Greenblatt) % too high?
American Well's current Earnings Yield (Joel Greenblatt) % is 322.58%. The Healthcare Providers & Services industry median Earnings Yield (Joel Greenblatt) % is 3.69. American Well's value of 322.58% is 8653.9% above this industry median. Based on the distribution chart, American Well ranks #681 out of 684 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, American Well has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Well's Earnings Yield (Joel Greenblatt) % compare to LFMD and SY?
According to the Healthcare Providers & Services industry distribution chart, American Well ranks #681 out of 684 companies for Earnings Yield (Joel Greenblatt) %. This places American Well in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.69. American Well's value of 322.58% is 8653.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Healthcare Providers & Services company?
The median Earnings Yield (Joel Greenblatt) % among Healthcare Providers & Services companies is 3.69, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Well's current Earnings Yield (Joel Greenblatt) % of 322.58% is 8653.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on American Well and its competitors. For the Healthcare Providers & Services industry, the median Earnings Yield (Joel Greenblatt) % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Well's current Earnings Yield (Joel Greenblatt) % is 322.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Well stock overvalued right now?
Based on GuruFocus' analysis, American Well (AMWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.42, compared to a current price of $11.92 — trading 85.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 322.58% and 8653.9% above the Healthcare Providers & Services industry median of 3.69. American Well's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For American Well (AMWL), the current Earnings Yield (Joel Greenblatt) % is 322.58% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American Well (AMWL) Overvalued in 2026?
Based on GuruFocus' analysis, American Well stock appears to be overvalued.
The current stock price of $11.92 is trading 85.7% above its estimated GF Value™ of $6.42.
GuruFocus considers American Well to be Significantly Overvalued.
Key valuation signals for AMWL:
Earnings Yield (Joel Greenblatt) %: 322.58%
GF Value™: $6.42 vs. price of $11.92 (85.7% above fair value)
Industry Position: 8653.9% above the Healthcare Providers & Services median (#681 of 684)
No single metric tells the full story. See the AMWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies.
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