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BGFV (Big 5 Sporting Goods) Degree of Operating Leverage : -20.49 (As of Mar. 2025)


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What is Big 5 Sporting Goods Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Big 5 Sporting Goods's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -20.49. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Big 5 Sporting Goods's Degree of Operating Leverage or its related term are showing as below:

BGFV's Degree of Operating Leverage is ranked better than
93.05% of 1094 companies
in the Retail - Cyclical industry
Industry Median: 1.305 vs BGFV: -20.49

Big 5 Sporting Goods Degree of Operating Leverage Historical Data

The historical data trend for Big 5 Sporting Goods'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.

* Premium members only.

Big 5 Sporting Goods Degree of Operating Leverage Chart

Big 5 Sporting Goods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.32 6.76 5.27 11.86 -41.39

Big 5 Sporting Goods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage 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 15.22 35.25 88.82 -41.39 -20.49

Competitive Comparison of Big 5 Sporting Goods's Degree of Operating Leverage

For the Specialty Retail subindustry, Big 5 Sporting Goods'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.


Big 5 Sporting Goods's Degree of Operating Leverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Big 5 Sporting Goods's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Big 5 Sporting Goods's Degree of Operating Leverage falls into.


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Big 5 Sporting Goods Degree of Operating Leverage Calculation

Big 5 Sporting Goods's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -61.024 (Mar. 2025) / -21.686 (Mar. 2024) - 1 )/( 777.688 (Mar. 2025) / 853.233 (Mar. 2024) - 1 )
=1.814/-0.0885
=-20.49***

* 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.


Big 5 Sporting Goods  (NAS:BGFV) 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.


Big 5 Sporting Goods Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Big 5 Sporting Goods's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Big 5 Sporting Goods Business Description

Traded in Other Exchanges
N/A
Address
2525 East El Segundo Boulevard, El Segundo, CA, USA, 90245
Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the Western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both its retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.
Executives
Shane O Starr officer: Senior VP, Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO CA 90245
Jeffrey L Fraley officer: Senior VP, Human Resources
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Ian R Landgreen officer: SVP and General Counsel 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Stephen E. Carley director 6312 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Lily W Chang director 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Van B Honeycutt director 3820 STATE ST, SANTA BARBARA CA 93105
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Barry Emerson officer: Executive VP, CFO & Treasurer
Steven G Miller director, officer: Chairman, President and CEO
Boyd O Clark officer: Executive VP, Buying C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUND BLVD, EL SEGUNDO CA 90245
Luke D Thompson officer: Executive VP & General Counsel C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
David Jessick director 15465 SE RIVERSHORE DRIVE, VANCOUVER WA 98683
Michael P. Marrone officer: Senior VP, Store Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Sandra N Bane director