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Leidos Holdings Earnings Yield (Joel Greenblatt) %

: 5.70% (As of Jun. 2021)
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Leidos Holdings's Enterprise Value for the quarter that ended in Jun. 2021 was $19,787 Mil. Leidos Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $1,128 Mil. Leidos Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2021 was 5.70%.

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

NYSE:LDOS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.11   Med: 5.07   Max: 27.62
Current: 5.79

-7.11
27.62

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Leidos Holdings was 27.62%. The lowest was -7.11%. And the median was 5.07%.

NYSE:LDOS's Earnings Yield (Joel Greenblatt) % is ranked lower than
99.99% of the 461 Companies
in the Software industry.

( Industry Median: 1.40 vs. NYSE:LDOS: 5.79 )

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) %. Leidos Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2021 was 23.67%. 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.


Leidos Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Leidos Holdings'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.

Leidos Holdings Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 4.33 7.19 6.16 4.88

Leidos Holdings 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 5.08 5.48 4.88 5.87 5.70

Competitive Comparison

For the Information Technology Services subindustry, Leidos Holdings'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.

   

Leidos Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Software industry and Technology sector, Leidos Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Leidos Holdings 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=963/19753.78352
=4.88 %

Leidos Holdings'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 $1,128 Mil.



Leidos Holdings  (NYSE:LDOS) 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.


Leidos Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Leidos Holdings Business Description

Leidos Holdings logo
Industry
Technology » Software NAICS : 541513 SIC : 7373
Traded in Other Exchanges
Address
11951 Freedom Drive, Reston, VA, USA, 20190
Leidos Holdings Inc is engaged in scientific, engineering, system integration, technical services, and solutions to various government entities and highly regulated industries, including the U.S. Department of Defense, Intelligence Community and the British Ministry of Defense. Areas of focus include intelligence and surveillance, cybersecurity, complex logistics, energy, and health.
Executives
John Miriam E director 7011 EAST AVENUE LIVERMORE CA 94550
Moos James Robert officer: Group President 11951 FREEDOM DRIVE RESTON VA 20190
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC. 13320 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277
Krone Roger A director, officer: CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KRONE ROGER A 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;}
Cage Christopher R officer: SVP and Corporate Controller 11951 FREEDOM DRIVE RESTON VA 20190
Kendall Frank Iii director 11951 FREEDOM DRIVE RESTON VA 20190
Reagan James officer: EVP, Chief Financial Officer C/O DELTEK 13880 DULLES CORNER LANE HERNDON VA 20171
Howe Jerald S Jr officer: Executive VP & General Counsel PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HOWE JERALD S JR 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;}
Williams Noel B director ONE PARK PLAZA NASHVILLE TN 37203
Schmanske Mary Vicki officer: Group President 11951 FREEDOM DRIVE RESTON VA 20190
Porter Elizabeth A officer: Group President 1750 PRESIDENTS STREET RESTON VA 20190
Stevens Roy E officer: Chief of Business Development 11951 FREEDOM DRIVE RESTON VA 20190
May Gary Stephen director 11951 FREEDOM DRIVE RESTON VA 20190
Fubini David G director D.G. FUBINI CONSULTANTS, LLC 80 SEARS ROAD BROOKLINE MA 02445
Stalnecker Susan M director TWO N NINTHST ALLENTOWN PA 18101

Leidos Holdings Headlines

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