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KFS (Kingsway Financial Services) Degree of Operating Leverage : 14.33 (As of Mar. 2025)


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What is Kingsway Financial Services Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Kingsway Financial Services's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 14.33. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

KFS's Degree of Operating Leverage is ranked worse than
88.99% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 1.02 vs KFS: 14.33

Kingsway Financial Services Degree of Operating Leverage Historical Data

The historical data trend for Kingsway Financial Services'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.

Kingsway Financial Services Degree of Operating Leverage Chart

Kingsway Financial Services 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 -24.38 -3.99 -226.99 4.98 -24.65

Kingsway Financial Services 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 10.53 7.56 83.47 -24.65 14.33

Competitive Comparison of Kingsway Financial Services's Degree of Operating Leverage

For the Auto & Truck Dealerships subindustry, Kingsway Financial Services'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.


Kingsway Financial Services's Degree of Operating Leverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kingsway Financial Services's Degree of Operating Leverage distribution charts can be found below:

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


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Kingsway Financial Services Degree of Operating Leverage Calculation

Kingsway Financial Services'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
=( -4.71 (Mar. 2025) / -2.388 (Mar. 2024) - 1 )/( 114.521 (Mar. 2025) / 107.242 (Mar. 2024) - 1 )
=0.9724/0.0679
=14.33***

* 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.


Kingsway Financial Services  (NYSE:KFS) 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.


Kingsway Financial Services Degree of Operating Leverage Related Terms

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


Kingsway Financial Services Business Description

Traded in Other Exchanges
N/A
Address
10 South Riverside Plaza, Suite 1520, Chicago, IL, USA, 60606
Kingsway Financial Services Inc through subsidiaries operates in the extended warranty and business services industries in the United States. The company operates through segments namely, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions. The firm generates maximum revenue from the Extended Warranty segment in the form of Service fee and commission income.
Executives
Fitzgerald John Taylor Maloney director, officer: Executive Vice President KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Kent A Hansen officer: CFO & EVP C/O KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Charles L Frischer director 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Oakmont Capital Inc 10 percent owner 112 ST.CLAIR AVENUE WEST, SUITE 400, ONTARIO Z4 M4V 2Y3
Gregory Paul Hannon director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Terence Michael Kavanagh director OAKMONT CAPITAL INC., 45 ST. CLAIR AVENUE WEST, SUITE 400, TORONTO A6 M4V 1K9
Paul R. Hogan officer: Secretary and General Counsel 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Porcelli Corissa B. director 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p. 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Hickey William August Jr officer: Executive VP, COO and CFO KINGSWAY FINANCIAL SERVICES, INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Douglas Levine director 2602 NW 5TH AVENUE, MIAMI FL 33127