GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imax Corp (NYSE:IMAX) » Definitions » Degree of Operating Leverage

Imax (IMAX) Degree of Operating Leverage : 3.00 (As of Mar. 2025)


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

What is Imax Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Imax's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 3.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

IMAX's Degree of Operating Leverage is ranked worse than
66.26% of 987 companies
in the Media - Diversified industry
Industry Median: 1.18 vs IMAX: 3.00

Imax Degree of Operating Leverage Historical Data

The historical data trend for Imax'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.

Imax Degree of Operating Leverage Chart

Imax 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 3.92 -1.33 -6.75 -59.33 2.24

Imax 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 20.51 22.29 2.98 2.24 3.00

Competitive Comparison of Imax's Degree of Operating Leverage

For the Entertainment subindustry, Imax'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.


Imax's Degree of Operating Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Imax's Degree of Operating Leverage distribution charts can be found below:

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


;
;

Imax Degree of Operating Leverage Calculation

Imax'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
=( 50.494 (Mar. 2025) / 53.687 (Mar. 2024) - 1 )/( 359.752 (Mar. 2025) / 367.016 (Mar. 2024) - 1 )
=-0.0595/-0.0198
=3.00***

* 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.


Imax  (NYSE:IMAX) 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.


Imax Degree of Operating Leverage Related Terms

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


Imax Business Description

Traded in Other Exchanges
Address
2525 Speakman Drive, Mississauga, ON, CAN, L5K 1B1
Imax Corp is a technology platform for entertainment and events. Through its proprietary software, auditorium architecture, patented intellectual property, and specialized equipment, IMAX offers end-to-end solution to create superior, immersive content experiences for which the IMAX brand is globally renowned. The Company has two reportable segments being Content Solutions and Technology Products and Services. The Company leverages its proprietary technology and engineering in all aspects of its business, which principally consists of the IMAX film remastering and the sale or lease of premium IMAX theater systems.
Executives
Richard L Gelfond director, officer: Chief Executive Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Kenneth Ian Weissman officer: Sr VP & Corporate Secretary 902 BROADWAY AVE, 20TH FLOOR, NEW YORK NY 10010-6002
Robert D Lister officer: Exec VP Bus&Legal Affairs 902 BROADWAY, 20TH FLOOR, C/O IMAX CORP, NEW YORK NY 10022
Natasha Fernandes officer: Chief Financial Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Mark Welton officer: Executive Vice President 2525 SPEAKMAN DRIVE, C/O IMAX CORP, MISSISSAUGA A6 L5K 1B1
Calamera Pablo officer: CTO & EVP C/O IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Denny Tu officer: Chief Marketing Officer 12582 WEST MILLENNIUM DRIVE, PLAYA VISTA CA 90094
Daniel Manwaring officer: CEO, IMAX China Holding, Inc. IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Jennifer L. Wong director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Elizabeth Gitajn officer: SVP, Finance & Controller 2525 SPEAKMAN DRIVE, MISSISSAUGA, ONTARIO Z4 L5K 1B1
Gail Berman director 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Michele Golden officer: Global Chief People Officer 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Jacqueline Bassani officer: Chief People Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Giovanni M. Dolci officer: Head of Global Sales THIRD FLOOR, D'OLIER CHAMBERS, 16A D'OLIER STREET, DUBLIN L2 D02 H589