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CLAR (Clarus) Degree of Operating Leverage : -3.02 (As of Dec. 2024)


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What is Clarus Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Clarus's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was -3.02. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

CLAR's Degree of Operating Leverage is ranked better than
77.11% of 804 companies
in the Travel & Leisure industry
Industry Median: 1.325 vs CLAR: -3.02

Clarus Degree of Operating Leverage Historical Data

The historical data trend for Clarus'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.

Clarus Degree of Operating Leverage Chart

Clarus 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 24.20 -8.41 15.64 -7.94 -3.02

Clarus Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -7.94 -1.52 -0.86 -0.65 -3.02

Competitive Comparison of Clarus's Degree of Operating Leverage

For the Leisure subindustry, Clarus'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.


Clarus's Degree of Operating Leverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Degree of Operating Leverage distribution charts can be found below:

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


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Clarus Degree of Operating Leverage Calculation

Clarus's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -23.171 (Dec. 2024) / -18.856 (Dec. 2023) - 1 )/( 264.315 (Dec. 2024) / 286.02 (Dec. 2023) - 1 )
=0.2288/-0.0759
=-3.02***

* 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.


Clarus  (NAS:CLAR) 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.


Clarus Degree of Operating Leverage Related Terms

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


Clarus Business Description

Traded in Other Exchanges
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a world-wide leader in designing, manufacturing, and marketing outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and United States.
Executives
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Michael A Henning director 4 WINCOMA DRIVE, HUNTINGTON NY 11743
Warren B Kanders director, 10 percent owner, officer: Exec. Chman. of the Bd. of Dir ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Aaron Kuehne officer: CAO and CFO C/O BLACK DIAMOND INC, 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Donald House director 4944 MONUMENT ROAD, JASPER GA 30143
James E Walker director 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Michael J Yates officer: Chief Financial Officer 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Susan Ottmann director 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
John Walbrecht officer: PRESIDENT 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Mark D. Ritchie officer: Chief Operating Officer 10141 EASTDELL DRIVE, SANDY UT 84092
Zeena Freeman director, officer: President C/O BLACK DIAMOND, INC., 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Kanders Gmp Holdings Llc 10 percent owner ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD CT 06901
Peter R. Metcalf director, officer: CEO and President 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Robert Schiller director, officer: Executive Vice Chairman C/O ARMOR HOLDINGS INC, 1400 MARSH LANDING PARKWAY SUITE 112, JACKSONVILLE FL 32250
Robert N. Peay officer: Chief Financial Officer 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124