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Weyerhaeuser Co (LTS:0LWG) Earnings Yield (Joel Greenblatt) % : 2.93% (As of Sep. 2024)


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What is Weyerhaeuser Co Earnings Yield (Joel Greenblatt) %?

Weyerhaeuser Co's Enterprise Value for the quarter that ended in Sep. 2024 was $28,892 Mil. Weyerhaeuser Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $844 Mil. Weyerhaeuser Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2024 was 2.93%.

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

LTS:0LWG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.25   Med: 3.82   Max: 13.38
Current: 3.16

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Weyerhaeuser Co was 13.38%. The lowest was 0.25%. And the median was 3.82%.

LTS:0LWG's Earnings Yield (Joel Greenblatt) % is ranked better than
52.24% of 982 companies
in the REITs industry
Industry Median: 2.895 vs LTS:0LWG: 3.16

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) %. Weyerhaeuser Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2024 was 15.90%. 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.


Weyerhaeuser Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Weyerhaeuser Co'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.

Weyerhaeuser Co Earnings Yield (Joel Greenblatt) % Chart

Weyerhaeuser Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 4.74 10.67 9.82 4.15

Weyerhaeuser Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.66 4.15 3.88 4.55 2.93

Competitive Comparison of Weyerhaeuser Co's Earnings Yield (Joel Greenblatt) %

For the REIT - Specialty subindustry, Weyerhaeuser Co'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.


Weyerhaeuser Co's Earnings Yield (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weyerhaeuser Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Weyerhaeuser Co's Earnings Yield (Joel Greenblatt) % falls into.



Weyerhaeuser Co 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.

Weyerhaeuser Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1217/29377.78464
=4.14 %

Weyerhaeuser Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $844 Mil.



Weyerhaeuser Co  (LTS:0LWG) 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.


Weyerhaeuser Co Earnings Yield (Joel Greenblatt) % Related Terms

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Weyerhaeuser Co Business Description

Industry
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Address
220 Occidental Avenue South, Seattle, WA, USA, 98104-7800
Weyerhaeuser ranks among the world's largest forest product companies. Following the 2016 sale of its pulp business to International Paper, Weyerhaeuser operates three business segments: timberlands, wood products, and real estate. Weyerhaeuser is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. Earnings from its wood products segment are subject to federal income tax. Weyerhaeuser acquired fellow timber REIT Plum Creek in 2016.

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