GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Big Lots Inc (OTCPK:BIGGQ) » Definitions » Degree of Operating Leverage

BIGGQ (Big Lots) Degree of Operating Leverage : 2.00 (As of Jul. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Big Lots Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Big Lots's Degree of Operating Leverage for the quarter that ended in Jul. 2024 was 2.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

BIGGQ's Degree of Operating Leverage is ranked worse than
68.54% of 302 companies
in the Retail - Defensive industry
Industry Median: 0.9 vs BIGGQ: 2.00

Big Lots Degree of Operating Leverage Historical Data

The historical data trend for Big Lots'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 Lots Degree of Operating Leverage Chart

Big Lots Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.89 9.47 91.65 18.74 -3.58

Big Lots Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -60.12 -6.97 -3.58 3.19 2.00

Competitive Comparison of Big Lots's Degree of Operating Leverage

For the Discount Stores subindustry, Big Lots'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 Lots's Degree of Operating Leverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Big Lots's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Big Lots Degree of Operating Leverage Calculation

Big Lots's Degree of Operating Leverage for the quarter that ended in Jul. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -418.755 (Jul. 2024) / -522.061 (Jul. 2023) - 1 )/( 4514.825 (Jul. 2024) / 5010.332 (Jul. 2023) - 1 )
=-0.1979/-0.0989
=2.00***

* 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 Lots  (OTCPK:BIGGQ) 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 Lots Degree of Operating Leverage Related Terms

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


Big Lots Business Description

Traded in Other Exchanges
Address
4900 East Dublin-Granville Road, Columbus, OH, USA, 43081
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
Executives
Christopher J Mccormick director 669 HALYARD LANE, LONGBOAT KEY FL 34228
Sebastian Digrande director 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Michael Allen Schlonsky officer: Senior Vice President 300 PHILLIPI ROAD, COLUMBUS OH 43228
Robins Ronald A Jr officer: Senior Vice President 6301 FITCH PATH, NEW ALBANY OH 43054
Bruce K Thorn director, officer: CEO & President 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Margarita Giannantonio officer: Executive Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Nicholas E Padovano officer: Senior Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Gurmeet Singh officer: Executive Vice President 2 FOLSOM ST, SAN FRANCISCO CA 94105
Sandra Yvette Campos director 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
Kimberley Alexis Newton director 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081
James R Chambers director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, SUITE 110, PARSIPPANY NJ 07054
Cynthia T Jamison director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Gene Eddie Burt officer: Executive Vice President 19601 N 27TH AVE, PHOENIX AZ 85027
Wendy Lee Schoppert director 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Jack Anthony Pestello officer: Executive Vice President 4900 E DUBLIN GRANVILLE RD, COLUMBUS OH 43081