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EXFY (Expensify) Degree of Operating Leverage : 60.45 (As of Mar. 2025)


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What is Expensify Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Expensify's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 60.45. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

EXFY's Degree of Operating Leverage is ranked worse than
96.31% of 2659 companies
in the Software industry
Industry Median: 0.79 vs EXFY: 60.45

Expensify Degree of Operating Leverage Historical Data

The historical data trend for Expensify'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.

Expensify Degree of Operating Leverage Chart

Expensify Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial 37.49 -4.52 2.60 -10.60 12.83

Expensify Quarterly Data
Dec19 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 -9.85 -1.26 5.46 12.83 60.45

Competitive Comparison of Expensify's Degree of Operating Leverage

For the Software - Application subindustry, Expensify'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.


Expensify's Degree of Operating Leverage Distribution in the Software Industry

For the Software industry and Technology sector, Expensify's Degree of Operating Leverage distribution charts can be found below:

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


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Expensify Degree of Operating Leverage Calculation

Expensify'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
=( -0.515 (Mar. 2025) / -32.238 (Mar. 2024) - 1 )/( 141.775 (Mar. 2025) / 144.121 (Mar. 2024) - 1 )
=-0.984/-0.0163
=60.45***

* 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.


Expensify  (NAS:EXFY) 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.


Expensify Degree of Operating Leverage Related Terms

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


Expensify Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Southwest 5th Avenue, Portland, OR, USA, 97204
Expensify Inc is a cloud-based expense management software platform that helps various businesses simplify the way to manage money. It is used to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. People use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay and travel booking in one app.
Executives
David Michael Barrett director, officer: Chief Executive Officer C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Daniel Vidal director C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Anuradha Muralidharan director, officer: Chief Operating Officer C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Jason Fahr Mills director C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Ryan Schaffer director, officer: Chief Financial Officer C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Timothy L Christen director 715 SOUTH STREET, MAYVILLE WI 53050
Steven J. Mclaughlin 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Ying Liu director C/O EXPENSIFY, INC., 401 SW 5TH AVENUE, PORTLAND OR 97204
Sf Roofdeck Gp Llc 10 percent owner 1521 ALTON ROAD, #345, MIAMI BEACH FL 33139
Steven J. Mclaughlin Revocable Trust 10 percent owner 1521 ALTON ROAD, #345, MIAMI BEACH FL 33139
Exp 2020 Spv Lp 10 percent owner 1521 ALTON ROAD, #345, MIAMI BEACH FL 33139
Openview Management, Llc 10 percent owner C/O OPENVIEW VENTURE PARTNERS, 303 CONGRESS STREET, 6TH FLOOR, BOSTON MA 02210
David Martirano other: See Remarks 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109
Demartini James G B Iii 10 percent owner THREE LAGOON DRIVE, SUITE 400, REDWOOD CITY CA 94065
Unameit Trust Under Declaration Of Trust Dated March 10, 2000 10 percent owner THREE LAGOON DRIVE, SUITE 400, REDWOOD CITY CA 94065