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Athabasca OilATHOF -2.54%70 Degree of Operating Leverage is 8.53 as of Jun. 2026. GuruFocus rates ATHOF with a GF Score™ of 70/100 and a GF Value™ of $4.77 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 901 Oil & Gas companies, Athabasca Oil ranks worse than 85.24% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Athabasca Oil's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 8.53. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Athabasca Oil's Degree of Operating Leverage or its related term are showing as below:
ATHOF's Degree of Operating Leverage is ranked worse than 85.24% of 901
companies
in the Oil & Gas industry
Industry Median: 0.89
vs ATHOF: 8.53
Athabasca Oil (OTCPK:ATHOF) 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.
Athabasca Oil Degree of Operating Leverage Related Terms
Athabasca Oil Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Athabasca Oil'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.
ATHOF vs COP, EOG, FANG: Degree of Operating Leverage Comparison
For the Oil & Gas E&P subindustry, Athabasca Oil'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.
Athabasca Oil Degree of Operating Leverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Athabasca Oil's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Athabasca Oil'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 8.53 mean?
Athabasca Oil (ATHOF) has a Degree of Operating Leverage of 8.53 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Athabasca Oil and its competitors. According to the industry distribution chart, Athabasca Oil ranks #768 out of 901 companies in the Oil & Gas industry, placing it in the top 85.2%.
Is Athabasca Oil's Degree of Operating Leverage too high?
Athabasca Oil's current Degree of Operating Leverage is 8.53. The Oil & Gas industry median Degree of Operating Leverage is 0.89. Athabasca Oil's value of 8.53 is 858.4% above this industry median. Based on the distribution chart, Athabasca Oil ranks #768 out of 901 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Athabasca Oil has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Athabasca Oil's Degree of Operating Leverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Athabasca Oil ranks #768 out of 901 companies for Degree of Operating Leverage. This places Athabasca Oil in the lower half of its industry. The industry median Degree of Operating Leverage is 0.89. Athabasca Oil's value of 8.53 is 858.4% above this benchmark. 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 an Oil & Gas company?
The median Degree of Operating Leverage among Oil & Gas companies is 0.89, based on 901 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. Athabasca Oil's current Degree of Operating Leverage of 8.53 is 858.4% above the industry median. 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 Athabasca Oil and its competitors. For the Oil & Gas industry, the median Degree of Operating Leverage is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athabasca Oil's current Degree of Operating Leverage is 8.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athabasca Oil stock overvalued right now?
Based on GuruFocus' analysis, Athabasca Oil (ATHOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.77, compared to a current price of $7.67 — trading 60.8% above its estimated fair value. The current Degree of Operating Leverage is 8.53 and 858.4% above the Oil & Gas industry median of 0.89. Athabasca Oil's overall GF Score™ is 70/100 with 1 warning sign 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 Athabasca Oil (ATHOF), the current Degree of Operating Leverage is 8.53 as of Jun. 2026. 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.
Is Athabasca Oil (ATHOF) Overvalued in 2026?
Based on GuruFocus' analysis, Athabasca Oil stock appears to be overvalued.
The current stock price of $7.67 is trading 60.8% above its estimated GF Value™ of $4.77.
GuruFocus considers Athabasca Oil to be Significantly Overvalued.
Key valuation signals for ATHOF:
Degree of Operating Leverage: 8.53
GF Value™: $4.77 vs. price of $7.67 (60.8% above fair value)
Industry Position: 858.4% above the Oil & Gas median (#768 of 901)
No single metric tells the full story. See the ATHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Athabasca Oil Corp is an exploration and production company developing Thermal Oil and Light Oil resources in the Western Canadian Sedimentary Basin located in Alberta, Canada. It operates through two segments: Athabasca (Thermal Oil), focused on bitumen production from oil sands in the Athabasca region of Northern Alberta, and Duvernay Energy, focused on the production of light and medium crude oil, tight oil, natural gas, shale gas, and natural gas liquids in the Greater Kaybob area near Fox Creek, Alberta. The majority of its revenue is derived from petroleum, natural gas, and midstream sales through the Athabasca segment.
70GF Score
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