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Bhagwan MarineASX:BWN -4.84%19 Degree of Operating Leverage is -0.20 as of Dec. 2025. GuruFocus rates ASX:BWN with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 986 Transportation companies, Bhagwan Marine ranks better than 66.84% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Bhagwan Marine's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was -0.20. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Bhagwan Marine's Degree of Operating Leverage or its related term are showing as below:
ASX:BWN's Degree of Operating Leverage is ranked better than 66.84% of 986
companies
in the Transportation industry
Industry Median: 1.035
vs ASX:BWN: -0.20
Bhagwan Marine (ASX:BWN) Degree of Operating Leverage Explanation
Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.
A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.
Be Aware
The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.
Bhagwan Marine Degree of Operating Leverage Related Terms
Bhagwan Marine Degree of Operating Leverage Historical Data
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The historical data trend for Bhagwan Marine's Degree of Operating Leverage 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.
Bhagwan Marine Degree of Operating Leverage Competitor Comparison
For the Marine Shipping subindustry, Bhagwan Marine's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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.
Bhagwan Marine Degree of Operating Leverage vs Transportation Industry
For the Transportation industry and Industrials sector, Bhagwan Marine's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Bhagwan Marine's Degree of Operating Leverage falls into.
* 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.
** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
What does a Degree of Operating Leverage of -0.20 mean?
Bhagwan Marine (ASX:BWN) has a Degree of Operating Leverage of -0.20 as of Dec. 2025. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Bhagwan Marine and its competitors. According to the industry distribution chart, Bhagwan Marine ranks #327 out of 986 companies in the Transportation industry, placing it in the top 33.2%.
Is Bhagwan Marine's Degree of Operating Leverage too high?
Bhagwan Marine's current Degree of Operating Leverage is -0.20. Based on the distribution chart, Bhagwan Marine ranks #327 out of 986 companies in the Transportation industry, which is above the industry midpoint. Overall, Bhagwan Marine has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Bhagwan Marine's Degree of Operating Leverage compare to competitors?
According to the Transportation industry distribution chart, Bhagwan Marine ranks #327 out of 986 companies for Degree of Operating Leverage. This puts Bhagwan Marine in the upper half of its industry. The industry median Degree of Operating Leverage is 1.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Transportation company?
The median Degree of Operating Leverage among Transportation companies is 1.04, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Bhagwan Marine and its competitors. For the Transportation industry, the median Degree of Operating Leverage is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwan Marine's current Degree of Operating Leverage is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwan Marine stock overvalued right now?
Bhagwan Marine (ASX:BWN) has a current Degree of Operating Leverage of -0.20. The current Degree of Operating Leverage is -0.20. Bhagwan Marine's overall GF Score™ is 19/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For Bhagwan Marine (ASX:BWN), the current Degree of Operating Leverage is -0.20 as of Dec. 2025. 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.
Bhagwan Marine Ltd is a marine vessel operator and service provider. It is engaged in operating a diverse range of vessels providing marine solutions across the offshore energy, subsea, ports and inshore, and defence sectors. The group has a diverse fleet of purpose-built charter vessels and marine assets available for hire, including ASD harbour tugs, coastal towage tugs, anchor handling tug supply, multicats, dive support vessels, landing craft, crew transfer vessels, and utility vessels, among others. In addition, it provides various marine services such as ROV support, coastal freight, transshipping, vessel line handling, general underwater construction, oil field support services, etc. Geographically, the group derives a majority of its revenue from Australia.
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