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CSV (Carriage Services) Degree of Operating Leverage : 4.18 (As of Mar. 2025)


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What is Carriage Services Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Carriage Services's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 4.18. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

CSV's Degree of Operating Leverage is ranked worse than
75.51% of 98 companies
in the Personal Services industry
Industry Median: 1.04 vs CSV: 4.18

Carriage Services Degree of Operating Leverage Historical Data

The historical data trend for Carriage Services'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.

Carriage Services Degree of Operating Leverage Chart

Carriage Services 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 0.95 1.53 -12.56 -0.14 -0.12

Carriage Services 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 0.89 0.47 1.42 -0.12 4.18

Competitive Comparison of Carriage Services's Degree of Operating Leverage

For the Personal Services subindustry, Carriage Services'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.


Carriage Services's Degree of Operating Leverage Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Carriage Services's Degree of Operating Leverage distribution charts can be found below:

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


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Carriage Services Degree of Operating Leverage Calculation

Carriage Services'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
=( 96.273 (Mar. 2025) / 81.244 (Mar. 2024) - 1 )/( 407.774 (Mar. 2025) / 390.499 (Mar. 2024) - 1 )
=0.185/0.0442
=4.18***

* 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.


Carriage Services  (NYSE:CSV) 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.


Carriage Services Degree of Operating Leverage Related Terms

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


Carriage Services Business Description

Traded in Other Exchanges
Address
3040 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056
Carriage Services Inc is a provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum spaces and niches, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
Executives
Steven D Metzger other: Senior VP and General Counsel 6332 SCHILLER STREET, HOUSTON TX 77055
Carlos R. Quezada officer: VP of Cemetery Sales/Marketing 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Shawn R Phillips other: Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Paul Donald Elliott other: Regional Partner 5219 LAURELWOOD, KINGWOOD TX 77345
Charles Fargason director 11510 QUAIL HOLLOW LANE, HOUSTON TX 77024
Shane Pudenz officer: VP of Sales and Marketing 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 200, HOUSTON TX 77056
Lance Kian Granmayeh officer: EVP, CFO and Treasurer 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Rob Paul Franch officer: Chief Information Officer 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 200, HOUSTON TX 77056
Robbie Pape other: Sr. VP & Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Peggy Schappaugh officer: VP of Operations & Acquistions 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Adeola Olaniyan other: Principal Accounting Officer 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Melvin C Payne director, officer: CEO 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Julie Sanders director 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 300, HOUSTON TX 77056
Somer Webb director C/O SOLO BRANDS, INC., 1001 MUSTANG DRIVE, GRAPEVILLE TX 76051
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002