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DLH HoldingsDLHC -0.39%74 Earnings Yield (Joel Greenblatt) % is 2.51% as of Mar. 2026, which is 63% below its 10-year median of 6.79. GuruFocus rates DLHC with a GF Score™ of 74/100 and a GF Value™ of $5.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,103 Business Services companies, DLH Holdings ranks worse than 68.9% on this metric.
DLH Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $229.8 Mil.
DLH Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $5.8 Mil. DLH Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.51%.
The historical rank and industry rank for DLH Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DLHC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.42 Med: 6.79 Max: 17.33
Current: 2.63
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DLH Holdings was 17.33%. The lowest was 2.42%. And the median was 6.79%.
DLHC's Earnings Yield (Joel Greenblatt) % is ranked worse than 68.9% of 1103
companies
in the Business Services industry
Industry Median: 6.48
vs DLHC: 2.63
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) %. DLH Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 33.01%. 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.
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.
DLH Holdings Earnings Yield (Joel Greenblatt) % Related Terms
DLH Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for DLH Holdings'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.
For the Specialty Business Services subindustry, DLH Holdings'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.
DLH Holdings Earnings Yield (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, DLH Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where DLH Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
DLH Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
DLH Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.8 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.51% mean?
DLH Holdings (DLHC) has a Earnings Yield (Joel Greenblatt) % of 2.51% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on DLH Holdings and its competitors. This is 63% below median its historical median of 6.79. Over the past decade, DLH Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 2.42 to 17.33. According to the industry distribution chart, DLH Holdings ranks #760 out of 1103 companies in the Business Services industry, placing it in the top 68.9%.
Is DLH Holdings' Earnings Yield (Joel Greenblatt) % too high?
DLH Holdings' current Earnings Yield (Joel Greenblatt) % of 2.51% is 63% below median its 10-year median of 6.79. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 17.33. The Business Services industry median Earnings Yield (Joel Greenblatt) % is 6.48. DLH Holdings' value of 2.51% is 61.3% below this industry median. Based on the distribution chart, DLH Holdings ranks #760 out of 1103 companies in the Business Services industry, which is below the industry midpoint. Overall, DLH Holdings has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DLH Holdings' Earnings Yield (Joel Greenblatt) % compare to TISI and WFCF?
According to the Business Services industry distribution chart, DLH Holdings ranks #760 out of 1103 companies for Earnings Yield (Joel Greenblatt) %. This places DLH Holdings in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.48. DLH Holdings' value of 2.51% is 61.3% below this benchmark. Historically, DLH Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 2.42 to 17.33 over the past decade. While the company's 10-year median is 6.79 vs. the industry median of 6.48, DLH Holdings has consistently been below the industry average. 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 Business Services company?
The median Earnings Yield (Joel Greenblatt) % among Business Services companies is 6.48, based on 1,103 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. DLH Holdings's current Earnings Yield (Joel Greenblatt) % of 2.51% is 61.3% below 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 DLH Holdings and its competitors. For the Business Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLH Holdings's current Earnings Yield (Joel Greenblatt) % is 2.51%, which is 63% below median its own 10-year median of 6.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLH Holdings stock overvalued right now?
Based on GuruFocus' analysis, DLH Holdings (DLHC) is currently considered Fairly Valued. The stock's GF Value™ is $5.25, compared to a current price of $5.09 — trading 3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.51%, which is 63% below median its 10-year median of 6.79 and 61.3% below the Business Services industry median of 6.48. DLH Holdings' overall GF Score™ is 74/100 with 7 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 DLH Holdings (DLHC), the current Earnings Yield (Joel Greenblatt) % is 2.51% as of Mar. 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 DLH Holdings (DLHC) Overvalued in 2026?
Based on GuruFocus' analysis, DLH Holdings stock appears to be undervalued.
The current stock price of $5.09 is trading 3% below its estimated GF Value™ of $5.25.
GuruFocus considers DLH Holdings to be Fairly Valued.
Key valuation signals for DLHC:
Earnings Yield (Joel Greenblatt) %: 2.51% (63% below median its 10-year median of 6.79)
GF Value™: $5.25 vs. price of $5.09 (3% below fair value)
Industry Position: 61.3% below the Business Services median (#760 of 1103)
No single metric tells the full story. See the DLHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DLH Holdings Corp delivers health and readiness solutions for federal government customers through digital transformation and cyber security, science research and development, and systems engineering and integration. It provides technology-enabled business process, program management, and digital transformation solutions to U.S. government agencies, focusing on large-scale, technology-powered health and defense initiatives for agencies including HHS, VA, DoD, and their sub-agencies. Its revenues come from technology-enabled business process outsourcing, program management solutions, and public health research and analytics under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
74GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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