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DMLP (Dorchester Minerals LP) Degree of Operating Leverage : -0.95 (As of Mar. 2025)


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What is Dorchester Minerals LP Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Dorchester Minerals LP's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -0.95. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

DMLP's Degree of Operating Leverage is ranked better than
71.93% of 905 companies
in the Oil & Gas industry
Industry Median: 0.92 vs DMLP: -0.95

Dorchester Minerals LP Degree of Operating Leverage Historical Data

The historical data trend for Dorchester Minerals LP'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.

Dorchester Minerals LP Degree of Operating Leverage Chart

Dorchester Minerals LP 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 1.45 2.23 1.04 3.08 13.66

Dorchester Minerals LP 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 1.99 -0.46 0.66 13.66 -0.95

Competitive Comparison of Dorchester Minerals LP's Degree of Operating Leverage

For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.


Dorchester Minerals LP's Degree of Operating Leverage Distribution in the Oil & Gas Industry

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

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


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Dorchester Minerals LP Degree of Operating Leverage Calculation

Dorchester Minerals LP'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
=( 91.924 (Mar. 2025) / 104.214 (Mar. 2024) - 1 )/( 173.708 (Mar. 2025) / 154.611 (Mar. 2024) - 1 )
=-0.1179/0.1235
=-0.95***

* 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.


Dorchester Minerals LP  (NAS:DMLP) 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.


Dorchester Minerals LP Degree of Operating Leverage Related Terms

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


Dorchester Minerals LP Business Description

Industry
Traded in Other Exchanges
N/A
Address
3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Executives
Dorchester Minerals Operating Lp other: Entity Under Common Control 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman officer: Chief Operating Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama officer: Chief Financial Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin director, 10 percent owner, officer: Chief Executive Officer C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr director, officer: Chief Financial Officer 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn director 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter director 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley director, officer: CHIEF OPERATING OFFICER 9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry director 1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell director 4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout director 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust 10 percent owner 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red 10 percent owner 3738 OAK LAWN AVE STE 300, DALLAS TX 75201