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LegenceLGN -1.90%14 Earnings Yield (Joel Greenblatt) % is 0.18% as of Jun. 2026, which is 82% below its 10-year median of 0.99. GuruFocus rates LGN with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 1,808 Construction companies, Legence ranks worse than 77.16% on this metric.
Legence's Enterprise Value for the quarter that ended in Jun. 2026 was $7,833 Mil.
Legence's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $14 Mil. Legence's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 0.18%.
The historical rank and industry rank for Legence's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LGN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.21 Med: 0.99 Max: 2.71
Current: 0.26
During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Legence was 2.71%. The lowest was 0.21%. And the median was 0.99%.
LGN's Earnings Yield (Joel Greenblatt) % is ranked worse than 77.16% of 1808
companies
in the Construction industry
Industry Median: 6.425
vs LGN: 0.26
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) %. Legence'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.
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.
Legence Earnings Yield (Joel Greenblatt) % Related Terms
Legence Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Legence'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 Engineering & Construction subindustry, Legence'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.
Legence Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Legence's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Legence'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.
Legences Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Legence'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 $14 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 0.18% mean?
Legence (LGN) has a Earnings Yield (Joel Greenblatt) % of 0.18% 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 Legence and its competitors. This is 82% below median its historical median of 0.99. Over the past decade, Legence's Earnings Yield (Joel Greenblatt) % has ranged from 0.21 to 2.71. According to the industry distribution chart, Legence ranks #1395 out of 1808 companies in the Construction industry, placing it in the top 77.2%.
Is Legence's Earnings Yield (Joel Greenblatt) % too high?
Legence's current Earnings Yield (Joel Greenblatt) % of 0.18% is 82% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 2.71. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.43. Legence's value of 0.18% is 97.2% below this industry median. Based on the distribution chart, Legence ranks #1395 out of 1808 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Legence has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Legence's Earnings Yield (Joel Greenblatt) % compare to PRIM and MYRG?
According to the Construction industry distribution chart, Legence ranks #1395 out of 1808 companies for Earnings Yield (Joel Greenblatt) %. This places Legence in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.43. Legence's value of 0.18% is 97.2% below this benchmark. Historically, Legence's own Earnings Yield (Joel Greenblatt) % has ranged from 0.21 to 2.71 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 6.43, Legence 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.43, based on 1,808 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. Legence's current Earnings Yield (Joel Greenblatt) % of 0.18% is 97.2% 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 Legence and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legence's current Earnings Yield (Joel Greenblatt) % is 0.18%, which is 82% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legence stock overvalued right now?
Legence (LGN) has a current Earnings Yield (Joel Greenblatt) % of 0.18%. The current Earnings Yield (Joel Greenblatt) % is 0.18%, which is 82% below median its 10-year median of 0.99 and 97.2% below the Construction industry median of 6.43. Legence's overall GF Score™ is 14/100 with 2 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 Legence (LGN), the current Earnings Yield (Joel Greenblatt) % is 0.18% 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.
Legence Corp is a provider of engineering, installation, and maintenance services for critical systems in buildings. It focuses on sectors that have technically demanding buildings, including technology, life sciences, healthcare, and education. Legence specializes in designing, fabricating, and installing complex heating, ventilation, and air conditioning (HVAC), process piping, and other mechanical, electrical, and plumbing (MEP) systems for new facilities and upgrading HVAC, lighting, and building controls in existing facilities to enhance building performance, reliability, and efficiency. The services are mainly provided on a fixed price basis. The company has two reportable segments: Installation and Maintenance, which generates the maximum revenue, and Engineering and Consulting.
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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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