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Opendoor TechnologiesOPEN +0.39%57 Earnings Yield (Joel Greenblatt) % is -26.11% as of Mar. 2026. GuruFocus rates OPEN with a GF Score™ of 57/100 and a GF Value™ of $1.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,830 Real Estate companies, Opendoor Technologies ranks worse than 96.01% on this metric.
Opendoor Technologies's Enterprise Value for the quarter that ended in Mar. 2026 was $4,847 Mil.
Opendoor Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,267 Mil. Opendoor Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -26.11%.
The historical rank and industry rank for Opendoor Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OPEN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31.75 Med: -7.01 Max: 0.01
Current: -31.25
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Opendoor Technologies was 0.01%. The lowest was -31.75%. And the median was -7.01%.
OPEN's Earnings Yield (Joel Greenblatt) % is ranked worse than 96.01% of 1830
companies
in the Real Estate industry
Industry Median: 4.76
vs OPEN: -31.25
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) %. Opendoor Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Opendoor Technologies Earnings Yield (Joel Greenblatt) % Related Terms
Opendoor Technologies Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Opendoor Technologies'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.
OPEN vs CWK, IHS, NMRK: Earnings Yield (Joel Greenblatt) % Comparison
For the Real Estate Services subindustry, Opendoor Technologies'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.
Opendoor Technologies Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies'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.
Opendoor Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Opendoor Technologies'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 $-1,267 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -26.11% mean?
Opendoor Technologies (OPEN) has a Earnings Yield (Joel Greenblatt) % of -26.11% 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 Opendoor Technologies and its competitors. According to the industry distribution chart, Opendoor Technologies ranks #1757 out of 1830 companies in the Real Estate industry, placing it in the top 96%.
Is Opendoor Technologies' Earnings Yield (Joel Greenblatt) % too high?
Opendoor Technologies' current Earnings Yield (Joel Greenblatt) % is -26.11%. Based on the distribution chart, Opendoor Technologies ranks #1757 out of 1830 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Opendoor Technologies has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' Earnings Yield (Joel Greenblatt) % compare to CWK and IHS?
According to the Real Estate industry distribution chart, Opendoor Technologies ranks #1757 out of 1830 companies for Earnings Yield (Joel Greenblatt) %. This places Opendoor Technologies in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.76. 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.76, based on 1,830 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. 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 Opendoor Technologies and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opendoor Technologies's current Earnings Yield (Joel Greenblatt) % is -26.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opendoor Technologies stock overvalued right now?
Based on GuruFocus' analysis, Opendoor Technologies (OPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.21, compared to a current price of $3.85 — trading 218.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -26.11%. Opendoor Technologies' overall GF Score™ is 57/100 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 Opendoor Technologies (OPEN), the current Earnings Yield (Joel Greenblatt) % is -26.11% 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 Opendoor Technologies (OPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Opendoor Technologies stock appears to be overvalued.
The current stock price of $3.85 is trading 218.2% above its estimated GF Value™ of $1.21.
GuruFocus considers Opendoor Technologies to be Significantly Overvalued.
Key valuation signals for OPEN:
Earnings Yield (Joel Greenblatt) %: -26.11%
GF Value™: $1.21 vs. price of $3.85 (218.2% above fair value)
No single metric tells the full story. See the OPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital-light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
57GF 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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