GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Horizon Kinetics Holding Corp (OTCPK:HKHC) » Definitions » Degree of Operating Leverage

HKHC (Horizon Kinetics Holding) Degree of Operating Leverage : 11.16 (As of Mar. 2025)


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

What is Horizon Kinetics Holding Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Horizon Kinetics Holding's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 11.16. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

HKHC's Degree of Operating Leverage is ranked worse than
92.67% of 614 companies
in the Asset Management industry
Industry Median: 0.725 vs HKHC: 11.16

Horizon Kinetics Holding Degree of Operating Leverage Historical Data

The historical data trend for Horizon Kinetics 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.

Horizon Kinetics Holding Degree of Operating Leverage Chart

Horizon Kinetics Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.71 77.56 -0.52 -0.24 4.98

Horizon Kinetics Holding Quarterly Data
Jun20 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 -0.08 -0.06 -0.05 4.98 11.16

Competitive Comparison of Horizon Kinetics Holding's Degree of Operating Leverage

For the Asset Management subindustry, Horizon Kinetics 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.


Horizon Kinetics Holding's Degree of Operating Leverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Horizon Kinetics Holding Degree of Operating Leverage Calculation

Horizon Kinetics Holding'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
=( -14.951 (Mar. 2025) / -2.249 (Mar. 2024) - 1 )/( 53.194 (Mar. 2025) / 35.317 (Mar. 2024) - 1 )
=5.6478/0.5062
=11.16***

* 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.


Horizon Kinetics Holding  (OTCPK:HKHC) 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.


Horizon Kinetics Holding Degree of Operating Leverage Related Terms

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


Horizon Kinetics Holding Business Description

Traded in Other Exchanges
N/A
Address
470 Park Avenue S, New York, NY, USA, 10061
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies.
Executives
John Mcannar director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Maran Partners Fund, Lp 10 percent owner 150 FILLMORE STREET, SUITE 150, DENVER CO 80206
Mark E Goldstein director, 10 percent owner, officer: COB/President/CEO 4880 HAVANA ST, DENVER CO 80239
David M Arndt officer: Chief Financial Officer 3184 BARBWIRE WAY, CASTLE ROCK CT 80108
Tisha Pedrazzini director 15276 W. ELLSWORTH PL, GOLDEN CO 80401
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Maran Capital Management, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Daniel J Roller 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Partners Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv, Lp 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Andrew Summers director 601 JEFFERSON STREET, HOUSTON TX 77002
Kevin A. Paprzycki officer: Chief Financial Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017