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FedEx Freight Holding CoFDXF -1.83%21 Degree of Operating Leverage is 43.80 as of May. 2026. GuruFocus rates FDXF with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 993 Transportation companies, FedEx Freight Holding Co ranks worse than 94.96% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
FedEx Freight Holding Co's Degree of Operating Leverage for the quarter that ended in May. 2026 was 43.80. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for FedEx Freight Holding Co's Degree of Operating Leverage or its related term are showing as below:
FDXF's Degree of Operating Leverage is ranked worse than 94.96% of 993
companies
in the Transportation industry
Industry Median: 1.11
vs FDXF: 43.80
FedEx Freight Holding Co (NYSE:FDXF) 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.
FedEx Freight Holding Co Degree of Operating Leverage Related Terms
FedEx Freight Holding Co Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for FedEx Freight Holding Co'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.
FedEx Freight Holding Co Degree of Operating Leverage Chart
FedEx Freight Holding Co Annual Data
Trend
May24
May25
May26
Degree of Operating Leverage
-
2.36
43.80
FedEx Freight Holding Co Quarterly Data
Feb26
Degree of Operating Leverage
-
FDXF vs CHRW, ZTO, JBHT: Degree of Operating Leverage Comparison
For the Integrated Freight & Logistics subindustry, FedEx Freight Holding Co'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.
FedEx Freight Holding Co Degree of Operating Leverage vs Transportation Industry
For the Transportation industry and Industrials sector, FedEx Freight Holding Co's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where FedEx Freight Holding Co's Degree of Operating Leverage falls into.
* 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.
What does a Degree of Operating Leverage of 43.80 mean?
FedEx Freight Holding Co (FDXF) has a Degree of Operating Leverage of 43.80 as of May. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for FedEx Freight Holding Co and its competitors. According to the industry distribution chart, FedEx Freight Holding Co ranks #943 out of 993 companies in the Transportation industry, placing it in the top 95%.
Is FedEx Freight Holding Co's Degree of Operating Leverage too high?
FedEx Freight Holding Co's current Degree of Operating Leverage is 43.80. The Transportation industry median Degree of Operating Leverage is 1.11. FedEx Freight Holding Co's value of 43.80 is 3845.9% above this industry median. Based on the distribution chart, FedEx Freight Holding Co ranks #943 out of 993 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, FedEx Freight Holding Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does FedEx Freight Holding Co's Degree of Operating Leverage compare to CHRW and ZTO?
According to the Transportation industry distribution chart, FedEx Freight Holding Co ranks #943 out of 993 companies for Degree of Operating Leverage. This places FedEx Freight Holding Co in the lower half of its industry. The industry median Degree of Operating Leverage is 1.11. FedEx Freight Holding Co's value of 43.80 is 3845.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Transportation company?
The median Degree of Operating Leverage among Transportation companies is 1.11, based on 993 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx Freight Holding Co's current Degree of Operating Leverage of 43.80 is 3845.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for FedEx Freight Holding Co and its competitors. For the Transportation industry, the median Degree of Operating Leverage is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx Freight Holding Co's current Degree of Operating Leverage is 43.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx Freight Holding Co stock overvalued right now?
FedEx Freight Holding Co (FDXF) has a current Degree of Operating Leverage of 43.80. The current Degree of Operating Leverage is 43.80 and 3845.9% above the Transportation industry median of 1.11. FedEx Freight Holding Co's overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For FedEx Freight Holding Co (FDXF), the current Degree of Operating Leverage is 43.80 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
FedEx Freight Holding Co Inc is a North America-based less-than-truckload (LTL) transportation and freight services provider. Its service offerings - including Priority, Economy, and Direct shipping services - enable customers to select transportation options based on their needs. The company operates a network of vehicles and service locations across the U.S. states, Canada, Mexico, Puerto Rico, and the U.S. Virgin Islands, providing freight transportation and logistics services. It also utilizes data-driven technology and sales operations to support its transportation network and customer services.
21GF Score
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