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CEIX (CONSOL Energy) Earnings Yield (Joel Greenblatt) % : 17.51% (As of Jun. 2024)


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What is CONSOL Energy Earnings Yield (Joel Greenblatt) %?

CONSOL Energy's Enterprise Value for the quarter that ended in Jun. 2024 was $2,905 Mil. CONSOL Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $509 Mil. CONSOL Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2024 was 17.51%.

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

CEIX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.6   Med: 13.98   Max: 45.28
Current: 16.26

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of CONSOL Energy was 45.28%. The lowest was -3.60%. And the median was 13.98%.

CEIX's Earnings Yield (Joel Greenblatt) % is ranked better than
71.27% of 181 companies
in the Other Energy Sources industry
Industry Median: 3.52 vs CEIX: 16.26

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) %. CONSOL Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2024 was 28.37%. 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.


CONSOL Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for CONSOL Energy'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.

CONSOL Energy Earnings Yield (Joel Greenblatt) % Chart

CONSOL Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.48 5.72 7.55 25.97 27.47

CONSOL Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only 43.48 26.88 27.47 26.88 17.51

Competitive Comparison of CONSOL Energy's Earnings Yield (Joel Greenblatt) %

For the Thermal Coal subindustry, CONSOL Energy'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.


CONSOL Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CONSOL Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



CONSOL Energy 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.

CONSOL Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=807.197/2937.916512
=27.48 %

CONSOL Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $509 Mil.



CONSOL Energy  (NYSE:CEIX) 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.


CONSOL Energy Earnings Yield (Joel Greenblatt) % Related Terms

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


CONSOL Energy Business Description

Industry
Traded in Other Exchanges
Address
275 Technology Drive, Suite 101, Canonsburg, PA, USA, 15317-9565
CONSOL Energy Inc is a producer and exporter of high-BTU bituminous coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex) and CONSOL Marine Terminal. The company generates maximum revenue from the PAMC segment.
Executives
James A Brock director, officer: Chief Executive Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
John Rothka officer: Chief Accounting Officer 2970 HENDERSON AVENUE, WASHINGTON PA 15301
Martha A Wiegand officer: General Counsel & Secretary 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Platt Joseph P Jr director HENRY W. OLIVER BLDG., 535 SMITHFIELD ST., PITTSBURGH PA 15222
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Kurt R. Salvatori officer: Chief Administrative Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Valli Perera director C/O CONSOL ENERGY INC., 275 TECHNOLOGY DRIVE SUITE 101, CANONSBURG PA 15317
Cassandra Chia-wei Pan director C/O CONSOL ENERGY INC., 275 TECHNOLOGY DRIVE, SUITE 101, CANONSBURG PA 15317
Sophie Bergeron director 1000 CONSOL ENERGY DRIVE, SUITE 100, CANONSBURG PA 15317
Dme Capital Management, Lp other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Einhorn other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Matthew T Wood 10 percent owner 60 CHARLOTTE STREET, LONDON W1T 2NU X0 00000

CONSOL Energy Headlines