GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Blue Bird Corp (NAS:BLBD) » Definitions » Degree of Operating Leverage

BLBD (Blue Bird) Degree of Operating Leverage : 11.30 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Blue Bird Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Blue Bird's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was 11.30. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

BLBD's Degree of Operating Leverage is ranked worse than
88.73% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.68 vs BLBD: 11.30

Blue Bird Degree of Operating Leverage Historical Data

The historical data trend for Blue Bird'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.

Blue Bird Degree of Operating Leverage Chart

Blue Bird Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 2.98 -35.07 -5.16 11.30

Blue Bird Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -5.16 -8.65 -27.10 -103.70 11.30

Competitive Comparison of Blue Bird's Degree of Operating Leverage

For the Farm & Heavy Construction Machinery subindustry, Blue Bird'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.


Blue Bird's Degree of Operating Leverage Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Blue Bird's Degree of Operating Leverage distribution charts can be found below:

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



Blue Bird Degree of Operating Leverage Calculation

Blue Bird's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 137.515 (Sep. 2024) / 43.817 (Sep. 2023) - 1 )/( 1347.154 (Sep. 2024) / 1132.793 (Sep. 2023) - 1 )
=2.1384/0.1892
=11.30***

* 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.


Blue Bird  (NAS:BLBD) 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.


Blue Bird Degree of Operating Leverage Related Terms

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


Blue Bird Business Description

Traded in Other Exchanges
Address
3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210
Blue Bird Corp is an American bus manufacturing company. It is an independent designer and manufacturer of school buses. The company operates in two segments; the Bus segment which involves the design, engineering, manufacture, and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. Geographically, the company generates a majority of its revenue from its customers in the United States and the rest from Canada and Rest of the world.
Executives
Phil Horlock director, officer: President and CEO C/O LOJACK CORPORATION, 40 PEQUOT WAY, CANTON MA 02021
Britton Smith officer: President 3920 ARKWRIGHT RD, SUITE 200, MACON GA 31210
Ted Scartz officer: SVP General Counsel 3920 ARKWRIGHT RD #200, MACON GA 31210
Gurminder S Bedi director ONE CAMPUS MARTIUS, DETROIT MI 48226
Razvan Radulescu officer: Chief Financial Officer 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Asp Bb Holdings Llc 10 percent owner 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Julie A Fream director 3920 ARKWRIGHT RD #200, MACON GA 31210
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Mark Blaufuss director C/O BLUE BIRD CORPORATION, 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Simon J Newman director 3920 ARKWRIGHT RD # 200, MACON GA 31210
Matthew Stevenson officer: President 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Paul Yousif officer: See Remarks C/O BLUE BIRD CORPORATION, 402 BLUE BIRD BOULEVARD, FORT VALLEY GA 31030
Jared Sperling director C/O AMERICAN SECURITIES LLC, 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Mark Ashburn Terry officer: Chief Commercial Officer 402 BLUE BIRD BLVD, FORT VALLEY GA 31030
Jeffery L Taylor officer: Chief Financial Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905