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DK (Delek US Holdings) Degree of Operating Leverage : 11.86 (As of Mar. 2025)


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What is Delek US Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Delek US Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 11.86. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

DK's Degree of Operating Leverage is ranked worse than
88.34% of 909 companies
in the Oil & Gas industry
Industry Median: 0.95 vs DK: 11.86

Delek US Holdings Degree of Operating Leverage Historical Data

The historical data trend for Delek US Holdings'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.

Delek US Holdings Degree of Operating Leverage Chart

Delek US Holdings 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 10.26 -2.18 -1,004.77 2.05 7.40

Delek US Holdings 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 3.54 -0.74 7.01 7.40 11.86

Competitive Comparison of Delek US Holdings's Degree of Operating Leverage

For the Oil & Gas Refining & Marketing subindustry, Delek US Holdings'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.


Delek US Holdings's Degree of Operating Leverage Distribution in the Oil & Gas Industry

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

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


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Delek US Holdings Degree of Operating Leverage Calculation

Delek US Holdings'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
=( -546.7 (Mar. 2025) / 238.2 (Mar. 2024) - 1 )/( 11479.7 (Mar. 2025) / 15894.5 (Mar. 2024) - 1 )
=-3.2951/-0.2778
=11.86***

* 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.


Delek US Holdings  (NYSE:DK) 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.


Delek US Holdings Degree of Operating Leverage Related Terms

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


Delek US Holdings Business Description

Industry
Traded in Other Exchanges
Address
310 Seven Springs Way, Suite 500, Brentwood, TN, USA, 37027
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation and storage; wholesale crude oil, intermediate, and refined products, and convenience stores retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. It has two segments: Refining segment and Logistics segment. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
Executives
Ezra Uzi Yemin director, officer: Chairman / President / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Richard J Marcogliese director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Avigal Soreq officer: EVP / CCO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Reuven Spiegel officer: EVP, Finance 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Laurie Z. Tolson director 7102 COMMERCE WAY, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Leonardo Moreno director 4300 WILSON BLVD., ARLINGTON VA 22203
Nithia Thaver officer: EVP, Refining 7102 COMMERCE WAY, BRENTWOOD TN 37027
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Cvr Energy Inc 10 percent owner 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Todd O'malley officer: EVP, Chief Commercial Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
William J Finnerty director 12490 ARBOR HILL STREET, MOORPARK CA 93021