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FLTCF (Filtronic) Degree of Operating Leverage : -11.62 (As of Nov. 2024)


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What is Filtronic Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Filtronic's Degree of Operating Leverage for the quarter that ended in Nov. 2024 was -11.62. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

FLTCF's Degree of Operating Leverage is ranked better than
88.91% of 2416 companies
in the Hardware industry
Industry Median: 1.01 vs FLTCF: -11.62

Filtronic Degree of Operating Leverage Historical Data

The historical data trend for Filtronic'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.

Filtronic Degree of Operating Leverage Chart

Filtronic Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.37 37.95 39.47 18.67 20.45

Filtronic Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 7.95 18.67 22.42 20.45 -11.62

Competitive Comparison of Filtronic's Degree of Operating Leverage

For the Communication Equipment subindustry, Filtronic'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.


Filtronic's Degree of Operating Leverage Distribution in the Hardware Industry

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

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


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Filtronic Degree of Operating Leverage Calculation

Filtronic's Degree of Operating Leverage for the quarter that ended in Nov. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 13.854 (Nov. 2024) / -0.774 (Nov. 2023) - 1 )/( 54.036 (Nov. 2024) / 20.41 (Nov. 2023) - 1 )
=-18.8992/1.6475
=-11.47***

* 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.


Filtronic  (OTCPK:FLTCF) 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.


Filtronic Degree of Operating Leverage Related Terms

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Filtronic Business Description

Industry
Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.

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