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CODA (Coda Octopus Group) Degree of Operating Leverage : 5.68 (As of Jan. 2025)


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What is Coda Octopus Group Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Coda Octopus Group's Degree of Operating Leverage for the quarter that ended in Jan. 2025 was 5.68. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

CODA's Degree of Operating Leverage is ranked worse than
85.39% of 308 companies
in the Aerospace & Defense industry
Industry Median: 1.05 vs CODA: 5.68

Coda Octopus Group Degree of Operating Leverage Historical Data

The historical data trend for Coda Octopus Group'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.

Coda Octopus Group Degree of Operating Leverage Chart

Coda Octopus Group Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 8.11 -0.57 3.57 6.24

Coda Octopus Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 3.54 2.98 2.87 6.24 5.68

Competitive Comparison of Coda Octopus Group's Degree of Operating Leverage

For the Aerospace & Defense subindustry, Coda Octopus Group'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.


Coda Octopus Group's Degree of Operating Leverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Degree of Operating Leverage distribution charts can be found below:

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


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Coda Octopus Group Degree of Operating Leverage Calculation

Coda Octopus Group's Degree of Operating Leverage for the quarter that ended in Jan. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 3.744 (Jan. 2025) / 1.984 (Jan. 2024) - 1 )/( 21.065 (Jan. 2025) / 18.218 (Jan. 2024) - 1 )
=0.8871/0.1563
=5.68***

* 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.


Coda Octopus Group  (NAS:CODA) 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.


Coda Octopus Group Degree of Operating Leverage Related Terms

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Coda Octopus Group Business Description

Traded in Other Exchanges
N/A
Address
3300 S Hiawassee Road, Suite 104-105, Orlando, FL, USA, 32835
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company's operations are organized into two reportable segments: the Products Segment (Marine Technology Business serving the subsea market and PAL, which sells other products (acoustic hydrophones and acoustic materials to a different market); and the Services Segment (Marine Engineering Business). Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
Executives
Annmarie Gayle director, officer: Chief Executive Officer 6526 COTTONWOOD ST,, MURRAY UT 84107
Niels Soendergaard 10 percent owner 6526 COTTONWOOD ST, MURRAY UT 84107
G Tyler Runnels 10 percent owner 1999 AVENUE OF THE STARS, STE 2030, LOS ANGELES CA 90067
John Steven Emerson 10 percent owner 1522 ENSLEY AVENUE, LOS ANGELES CA 90024
Anthony Jean Tata director 1 WATER CLUB WAY,, PH2104, NORTH PALM BEACH FL 33408
Robert Ronald Harcourt director 3078 BRINE WAY, THE VILLAGES FL 32163
Gayle Michelle Jardine officer: Interim CFO. 12 RAVELRIG GAIT,, BALERNO, EDINBURGH X0 EH14 7NH
Blair Graeme Cunningham officer: Chief Technology Officer 164 WEST 25TH STREET, NEW YORK NY 10001
Nathan William Parker officer: Chief Financial Officer. 14061 S. OLD SADDLE RD, DRAPER UT 84020
Kevin James Kane officer: CEO Coda Octopus Colmek, Inc. 11864 VISTA GLEN CT, SANDY UT 84092
Michael Midgley officer: Acting Chief Financial Officer 6526 COTTONWOOD ST,, MURRAY UT 84107
Michael J. Hamilton director NEWPORT OFFICE CENTER, 111 TOWN SQUARE PLACE, SUITE 1201, JERSEY CITY NJ 07310
Bryan Ezralow 10 percent owner THE EZRALOW CO, LLC, 23622 CALABASAS ROAD, SUITE 200, CALABASAS CA 91302-1549
Mary Losty director 613 LOCUST ST, CAMBRIDGE MD 21613
Joseph Charles Plumb director 3917, FAIRBREEZE CIR, WESTLAKE VLG CA 91361