>
Switch to:

Ameriprise Financial Earnings Yield (Joel Greenblatt) %

: 5.23% (As of Jun. 2021)
View and export this data going back to 2005. Start your Free Trial

Ameriprise Financial's Enterprise Value for the quarter that ended in Jun. 2021 was $26,821 Mil. Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $1,403 Mil. Ameriprise Financial's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2021 was 5.23%.

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

NYSE:AMP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.53   Med: 9.31   Max: 67.29
Current: 4.48

0.53
67.29

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ameriprise Financial was 67.29%. The lowest was 0.53%. And the median was 9.31%.

NYSE:AMP's Earnings Yield (Joel Greenblatt) % is ranked higher than
88% of the 66 Companies
in the Asset Management industry.

( Industry Median: 5.15 vs. NYSE:AMP: 4.48 )

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) %. Ameriprise Financial's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2021 was 8.56%. 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.


Ameriprise Financial Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Ameriprise 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.

* Premium members only.

Ameriprise Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.30 8.97 17.67 11.88 9.87

Ameriprise Financial Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 22.08 15.65 9.87 0.63 5.23

Competitive Comparison

For the Asset Management subindustry, Ameriprise 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.

   

Ameriprise Financial Earnings Yield (Joel Greenblatt) % Distribution

For the Asset Management industry and Financial Services sector, Ameriprise Financial's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Ameriprise Financial 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.

Ameriprise Financials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2020 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2052/20790.13678
=9.87 %

Ameriprise Financial's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,403 Mil.



Ameriprise Financial  (NYSE:AMP) 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.


Ameriprise Financial Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Ameriprise Financial's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ameriprise Financial Business Description

Ameriprise Financial logo
Industry
Financial Services » Asset Management NAICS : 523930 SIC : 6282
Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Spun off from American Express in 2005, Ameriprise Financial has emerged as a major player in the U.S. market for asset and wealth management, with around $1.1 trillion in total assets under management and advisement at the end of 2020. Ameriprise has one of the largest branded advisor networks in the industry, and over 70% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.
Executives
Smyth Gerard P. officer: EVP Technology and CIO 1099 AMERIPRISE FINANCIAL MINNEAPOLIS MN 55474
Woerner John Robert officer: Pres Ins & Chief Strat Officer AMERIPRISE FINANCIAL, INC. 707 SECOND AVENUE SOUTH MINNEAPOLIS MN 55474
Williams Christopher J director 650 FIFTH AVE 10TH FL NEW YORK NY 10019
Truscott William F officer: CEO, Global Asset Management AMERIPRISE FINANCIAL, INC. 50591 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474
Sweeney Joseph Edward officer: Pres-AWM Products & Services AMERIPRISE FINANCIAL, INC. 707 SECOND AVENUE SOUTH MINNEAPOLIS MN 55474
Moore Colin officer: EVP & Global CIO C/O PUTNAM LLC ONE POST OFFICE SQ BOSTON MA 02109
Sharpe Robert Francis Jr director AMERIPRISE FINANCIAL, INC. 50591 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474
Greenberg Lon R director 460 NORTH GULPH ROAD KING OF PRUSSIA PA 19406
Noddle Jeffrey director 11840 VALLEY VIEW ROAD EDEN PRAIRIE MN 55344
Walter W Edward director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: WALTER W EDWARD a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Neal Blixt Dianne director 714 GREEN VALLEY ROAD GREENSBORO NC 27408
Digeso Amy director C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE NEW YORK NY 10153
Shea Brian T director ONE PERSHING PLAZA 95 CHRISTOPHER COLUMBUS DRIVE JERSEY CITY NJ 07399
Hutt John R. officer: Sr Vice Pres and Controller 1099 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474
Thissen Karen Wilson officer: Executive VP and GC 1098 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474

Ameriprise Financial Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)