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FCHPRA.PFD (FelCor Lodging Trust) Degree of Operating Leverage : 0.00 (As of Jun. 2017)


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What is FelCor Lodging Trust Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. FelCor Lodging Trust's Degree of Operating Leverage for the quarter that ended in Jun. 2017 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

FCHPRA.PFD's Degree of Operating Leverage is not ranked *
in the REITs industry.
Industry Median: 1.24
* Ranked among companies with meaningful Degree of Operating Leverage only.

FelCor Lodging Trust Degree of Operating Leverage Historical Data

The historical data trend for FelCor Lodging Trust'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.

FelCor Lodging Trust Degree of Operating Leverage Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Degree of Operating Leverage
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FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of FelCor Lodging Trust's Degree of Operating Leverage

For the REIT - Hotel & Motel subindustry, FelCor Lodging Trust'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.


FelCor Lodging Trust's Degree of Operating Leverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FelCor Lodging Trust's Degree of Operating Leverage distribution charts can be found below:

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


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FelCor Lodging Trust Degree of Operating Leverage Calculation

FelCor Lodging Trust's Degree of Operating Leverage for the quarter that ended in Jun. 2017 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 31.21 (Jun. 2017) / 73.435 (Jun. 2016) - 1 )/( 827.448 (Jun. 2017) / 879.506 (Jun. 2016) - 1 )
=-0.575/-0.0592
=9.71***

* 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.


FelCor Lodging Trust  (NYSE:FCHPRA.PFD) 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.


FelCor Lodging Trust Degree of Operating Leverage Related Terms

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FelCor Lodging Trust Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
C Brian Strickland director 420 SOUTH ORANGE AVE, ORLANDO FL 32801
Thomas C Hendrick director 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Jonathan H Yellen officer: Executive VP & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219
Troy A Pentecost officer: Executive Vice President 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
David C Kloeppel director C/O AMERICAN ADDICTION CENTERS, INC., 115 EAST PARK DRIVE, SECOND FLOOR, BRENTWOOD TN 37027
Richard Allen Smith officer: CFO & Executive Vice President 1950 STEMMONS FREEWAY STE 6001, DALLAS TX 75207

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