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DINO (HF Sinclair) Degree of Operating Leverage : 9.02 (As of Mar. 2025)


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What is HF Sinclair Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. HF Sinclair's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 9.02. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

DINO's Degree of Operating Leverage is ranked worse than
85.37% of 909 companies
in the Oil & Gas industry
Industry Median: 0.97 vs DINO: 9.02

HF Sinclair Degree of Operating Leverage Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair Degree of Operating Leverage Chart

HF Sinclair 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 4.08 -3.83 3.25 2.63 7.90

HF Sinclair 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 2.71 4.86 7.78 7.90 9.02

Competitive Comparison of HF Sinclair's Degree of Operating Leverage

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HF Sinclair's Degree of Operating Leverage distribution charts can be found below:

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


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HF Sinclair Degree of Operating Leverage Calculation

HF Sinclair'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
=( -11.787 (Mar. 2025) / 2256.473 (Mar. 2024) - 1 )/( 27922.855 (Mar. 2025) / 31425.858 (Mar. 2024) - 1 )
=-1.0052/-0.1115
=9.02***

* 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.


HF Sinclair  (NYSE:DINO) 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.


HF Sinclair Degree of Operating Leverage Related Terms

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


HF Sinclair Business Description

Industry
Traded in Other Exchanges
Address
2323 Victory Avenue, Suite 1400, Dallas, TX, USA, 75219
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also owns and operates 4,400 miles of petroleum product pipelines and terminals principally in the southwestern United States.
Executives
Manuel J Fernandez director 1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Atanas H Atanasov officer: EVP and CFO C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
R Craig Knocke director 2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Timothy Go officer: President and COO 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Valerie Pompa officer: EVP, Operations 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Indira Agarwal officer: VP, Controller and CAO 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings director, officer: Chief Executive Officer 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter officer: EVP, Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Leldon E Echols director P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002