GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Freedom Holding Corp (NAS:FRHC) » Definitions » Degree of Operating Leverage

FRHC (Freedom Holding) Degree of Operating Leverage : 0.21 (As of Dec. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Freedom Holding Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Freedom Holding's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was 0.21. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

FRHC's Degree of Operating Leverage is ranked better than
57.33% of 75 companies
in the Diversified Financial Services industry
Industry Median: 0.98 vs FRHC: 0.21

Freedom Holding Degree of Operating Leverage Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Degree of Operating Leverage Chart

Freedom Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 1.07 1.49 -0.23 0.99

Freedom Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.18 0.99 0.83 0.52 0.21

Competitive Comparison of Freedom Holding's Degree of Operating Leverage

For the Financial Conglomerates subindustry, Freedom Holding'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.


Freedom Holding's Degree of Operating Leverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Freedom Holding Degree of Operating Leverage Calculation

Freedom Holding's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 909.881 (Dec. 2024) / 843.126 (Dec. 2023) - 1 )/( 2012.596 (Dec. 2024) / 1460.857 (Dec. 2023) - 1 )
=0.0792/0.3777
=0.21***

* 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.


Freedom Holding  (NAS:FRHC) 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.


Freedom Holding Degree of Operating Leverage Related Terms

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


Freedom Holding Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
Executives
Renat Tukanov officer: CHIEF TECHNOLOGY OFFICER "ESENTIA TOWER" BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Sergey Lukyanov officer: *See Remarks ESENTAI TOWER BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Evgeny Ler officer: Chief Financial Officer 202 DOSTYK AVE, 4TH FLOOR, ALMATY 1P 050051
Robert Wotczak officer: CEO - Prime Executions C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 5111 PEGASUS COURT, FREDERICK MD 21704
Liudmila Kiriaku officer: VP of Compliance until 8/18/23 CHIRSTAKI KRANOU 20 C TOWER 5TH FL, LIMASSOL G4 4041
Boris Cherdabayev 10 percent owner, officer: Chief Operating Officer C/O POULTON & YORDAN, 324 SOUTH 400 WEST SUITE 250, SALT LAKE CITY UT 84101
Amber Williams director 324 SOUTH 400 WEST, SUITE 250, SALT LAKE CITY UT 84101
Askar Tashtitov officer: President KURMANGAZY ST 31, APT 38, ALMATY 1P 050051
Arkady V Rakhilkin director AL-FARABI 17, NURLY TAU 4B, OFFICE 104, ALMATY 1P 050059
Timur R Turlov director, 10 percent owner, officer: Chief Executive Officer VLANSKIY PER. 14B, AP. 67, MOSCOW 1Z 101000
Toleush Tolmakov 10 percent owner, officer: Vice President 202 DOSTYK AVE., 4TH FLOOR, ALMATY 1P 050051
Daymon M. Smith director 352 E. 426 N., ALPINE UT 84004
Anuarbek Baimoldin officer: Chief Operating Officer 202 DOSTYK AVE. 4TH FLOOR, ALMATY 1P 050051
Jason M Kerr director 1038 SOUTH 750 EAST, KAYSVILLE UT 84037
Jsc Compass Asset Management 10 percent owner 240V FURMANOVA STREET, ALMATY 1P 050059