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Rush Street Interactive (Rush Street Interactive) Earnings Yield (Joel Greenblatt) % : -19.08% (As of Dec. 2023)


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What is Rush Street Interactive Earnings Yield (Joel Greenblatt) %?

Rush Street Interactive's Enterprise Value for the quarter that ended in Dec. 2023 was $270.3 Mil. Rush Street Interactive's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-51.6 Mil. Rush Street Interactive's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -19.08%.

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

RSI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -104.55   Med: -31.11   Max: -5.9
Current: -17.89

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Rush Street Interactive was -5.90%. The lowest was -104.55%. And the median was -31.11%.

RSI's Earnings Yield (Joel Greenblatt) % is ranked worse than
91.91% of 853 companies
in the Travel & Leisure industry
Industry Median: 4.21 vs RSI: -17.89

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) %. Rush Street Interactive's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. 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.


Rush Street Interactive Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Rush Street Interactive'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.

Rush Street Interactive Earnings Yield (Joel Greenblatt) % Chart

Rush Street Interactive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- -25.25 -9.91 -65.36 -19.08

Rush Street Interactive Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -65.36 -52.36 -42.55 -28.49 -19.08

Competitive Comparison of Rush Street Interactive's Earnings Yield (Joel Greenblatt) %

For the Gambling subindustry, Rush Street Interactive'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.


Rush Street Interactive's Earnings Yield (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rush Street Interactive's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rush Street Interactive's Earnings Yield (Joel Greenblatt) % falls into.



Rush Street Interactive 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.

Rush Street Interactives Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-51.611/270.344426
=-19.09 %

Rush Street Interactive's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-51.6 Mil.



Rush Street Interactive  (NYSE:RSI) 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.


Rush Street Interactive Earnings Yield (Joel Greenblatt) % Related Terms

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


Rush Street Interactive (Rush Street Interactive) Business Description

Traded in Other Exchanges
N/A
Address
900 North Michigan Avenue, Suite 950, Chicago, IL, USA, 60611
Rush Street Interactive Inc is an online gaming and entertainment company that focuses primarily on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.
Executives
Kyle Sauers officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654
Mattias Stetz officer: Chief Operating Officer C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611
Richard Todd Schwartz officer: President C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Neil Bluhm director, 10 percent owner 900 NORTH MICHIGAN AVENUE, SUITE 1900, CHICAGO IL 60611
Gregory A Carlin director, 10 percent owner, officer: Chief Executive Officer C/O NEAL GERBER & EISENBERG, 2 N. LASALLE STREET, SUITE 1700, CHICAGO IL 60602
Daniel W Yih director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Paul Wierbicki director C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Masi Niccolo De officer: Chief Executive Officer 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Harry L. You director, 10 percent owner, officer: Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Leslie N Bluhm director 900 NORTH MICHIGAN AVE, CHICAGO IL 60611
Einar Roosileht officer: Chief Information Officer C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
James Alan Gordon director C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Judith Gold director C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Ngb 2016 Revocable Trust director, 10 percent owner 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611