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Virtu FinancialVIRT +2.02%80 Earnings Yield (Joel Greenblatt) % is 13.95% as of Jun. 2026, which is 1% below its 10-year median of 14.05. GuruFocus rates VIRT with a GF Scoreâ„¢ of 80/100 and a GF Valueâ„¢ of $45.24 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 776 Capital Markets companies, Virtu Financial ranks better than 80.93% on this metric.
Virtu Financial's Enterprise Value for the quarter that ended in Jun. 2026 was $15,421 Mil.
Virtu Financial's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,150 Mil. Virtu Financial's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 13.95%.
The historical rank and industry rank for Virtu Financial's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
VIRT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.47 Med: 14.05 Max: 26.84
Current: 13.81
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Virtu Financial was 26.84%. The lowest was 2.47%. And the median was 14.05%.
VIRT's Earnings Yield (Joel Greenblatt) % is ranked better than 80.93% of 776
companies
in the Capital Markets industry
Industry Median: 2.69
vs VIRT: 13.81
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) %. Virtu Financial's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 30.31%. 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.
Virtu Financial Earnings Yield (Joel Greenblatt) % Related Terms
Virtu Financial Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Virtu Financial'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 Capital Markets subindustry, Virtu Financial'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.
Virtu Financial Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Virtu Financial's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Virtu Financial'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.
Virtu Financials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Virtu Financial'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 $2,150 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 13.95% mean?
Virtu Financial (VIRT) has a Earnings Yield (Joel Greenblatt) % of 13.95% 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 Virtu Financial and its competitors. This is near median its historical median of 14.05. Over the past decade, Virtu Financial's Earnings Yield (Joel Greenblatt) % has ranged from 2.47 to 26.84. According to the industry distribution chart, Virtu Financial ranks #148 out of 776 companies in the Capital Markets industry, placing it in the top 19.1%.
Is Virtu Financial's Earnings Yield (Joel Greenblatt) % too high?
Virtu Financial's current Earnings Yield (Joel Greenblatt) % of 13.95% is near median its 10-year median of 14.05. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 26.84. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.69. Virtu Financial's value of 13.95% is 418.6% above this industry median. Based on the distribution chart, Virtu Financial ranks #148 out of 776 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Virtu Financial has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virtu Financial's Earnings Yield (Joel Greenblatt) % compare to PIPR and MC?
According to the Capital Markets industry distribution chart, Virtu Financial ranks #148 out of 776 companies for Earnings Yield (Joel Greenblatt) %. This places Virtu Financial in the top 19% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.69. Virtu Financial's value of 13.95% is 418.6% above this benchmark. Historically, Virtu Financial's own Earnings Yield (Joel Greenblatt) % has ranged from 2.47 to 26.84 over the past decade. While the company's 10-year median is 14.05 vs. the industry median of 2.69, Virtu Financial has consistently been above 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 Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.69, based on 776 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. Virtu Financial's current Earnings Yield (Joel Greenblatt) % of 13.95% is 418.6% 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 Virtu Financial and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtu Financial's current Earnings Yield (Joel Greenblatt) % is 13.95%, which is near median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtu Financial stock overvalued right now?
Based on GuruFocus' analysis, Virtu Financial (VIRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.24, compared to a current price of $61.19 — trading 35.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 13.95%, which is near median its 10-year median of 14.05 and 418.6% above the Capital Markets industry median of 2.69. Virtu Financial's overall GF Score™ is 80/100 with 11 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 Virtu Financial (VIRT), the current Earnings Yield (Joel Greenblatt) % is 13.95% 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 Virtu Financial (VIRT) Overvalued in 2026?
Based on GuruFocus' analysis, Virtu Financial stock appears to be overvalued.
The current stock price of $61.19 is trading 35.3% above its estimated GF Value™ of $45.24.
GuruFocus considers Virtu Financial to be Significantly Overvalued.
Key valuation signals for VIRT:
Earnings Yield (Joel Greenblatt) %: 13.95% (near median its 10-year median of 14.05)
GF Value™: $45.24 vs. price of $61.19 (35.3% above fair value)
Industry Position: 418.6% above the Capital Markets median (#148 of 776)
No single metric tells the full story. See the VIRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtu Financial Inc is a financial firm that leverages technology to deliver liquidity to the world-wide markets and transparent trading solutions to its clients. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.
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