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HRT (HireRight Holdings) Degree of Operating Leverage : 0.00 (As of Mar. 2024)


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What is HireRight Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. HireRight Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2024 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

HRT's Degree of Operating Leverage is not ranked *
in the Business Services industry.
Industry Median: 0.97
* Ranked among companies with meaningful Degree of Operating Leverage only.

HireRight Holdings Degree of Operating Leverage Historical Data

The historical data trend for HireRight Holdings'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.

HireRight Holdings Degree of Operating Leverage Chart

HireRight Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
- - -5.32 7.03 4.33

HireRight Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.77 2.55 2.90 4.33 2.25

Competitive Comparison of HireRight Holdings's Degree of Operating Leverage

For the Staffing & Employment Services subindustry, HireRight Holdings'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.


HireRight Holdings's Degree of Operating Leverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HireRight Holdings's Degree of Operating Leverage distribution charts can be found below:

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


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HireRight Holdings Degree of Operating Leverage Calculation

HireRight Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 62.301 (Mar. 2024) / 76.252 (Mar. 2023) - 1 )/( 719.632 (Mar. 2024) / 783.404 (Mar. 2023) - 1 )
=-0.183/-0.0814
=2.25***

* 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.


HireRight Holdings  (NYSE:HRT) 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.


HireRight Holdings Degree of Operating Leverage Related Terms

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HireRight Holdings Business Description

Traded in Other Exchanges
N/A
Address
100 Centerview Drive, Suite 300, Nashville, TN, USA, 37214
HireRight Holdings Corp is a global provider of technology-driven workforce risk management and compliance solutions. It provides comprehensive background screening, verification, identification, monitoring, and drug and health screening services. It offers services via a unified global software and data platform that tightly integrates into its customers' human capital management (HCM) systems enabling effective and efficient workflows for workforce hiring, onboarding, and monitoring. The company's revenues is derived from contracts to provide services. Majority of the revenue is generated from United States.
Executives
Mary O'loughlin officer: EVP, North America 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
Michael E Ensor officer: SVP, Global Head of Operations 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James R Daxner officer: EVP, Global Head of Product 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James Laplaine director 100 CENTERVIEW DR,, NASHVILLE TN 37214
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Rjc Gis Holdings Llc 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence M Kutscher director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Jeanne S. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Raymond W. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners (bermuda) Hrg Ii, L.p. director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
General Atlantic (spv) Gp (bermuda), Llc director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Gap (bermuda) L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055

HireRight Holdings Headlines

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