RTL Group (LUX:RTLL) Degree of Operating Leverage : 85.91 (As of Jun. 2026)

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LUX:RTLL RTL Group SA LUX:RTLL
51 GF Score
Price €29.95
GF Value €34.18
Valuation Modestly Undervalued
! 10 Warning Signs
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What is RTL Group Degree of Operating Leverage?

RTL Group LUX:RTLL 51 Degree of Operating Leverage is 85.91 as of Jun. 2026. GuruFocus rates LUX:RTLL with a GF Score™ of 51/100 and a GF Value™ of €34.18 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 987 Media - Diversified companies, RTL Group ranks worse than 96.25% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. RTL Group's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 85.91. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

LUX:RTLL's Degree of Operating Leverage is ranked worse than
96.25% of 987 companies
in the Media - Diversified industry
Industry Median: 0.85 vs LUX:RTLL: 85.91

RTL Group  (LUX:RTLL) 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.


RTL Group Degree of Operating Leverage Related Terms


RTL Group Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for RTL Group'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.

RTL Group Degree of Operating Leverage Chart

RTL Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.67 80.23 3.34 -3.33 16.46

RTL Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 16.76 -3.33 10.93 16.46 85.91

LUX:RTLL vs NXST, NMAX: Degree of Operating Leverage Comparison

For the Broadcasting subindustry, RTL Group'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.


RTL Group Degree of Operating Leverage vs Media - Diversified Industry

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

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


LUX:RTLL
51GF Score
RTL Group SA LUX:RTLL
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RTL Group Degree of Operating Leverage Calculation

RTL Group's Degree of Operating Leverage for the quarter that ended in Jun. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 271 (Jun. 2026) / 544 (Jun. 2025) - 1 )/( 6127 (Jun. 2026) / 6163 (Jun. 2025) - 1 )
=-0.5018/-0.0058
=85.91***

* 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.

What does a Degree of Operating Leverage of 85.91 mean?
RTL Group (LUX:RTLL) has a Degree of Operating Leverage of 85.91 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for RTL Group and its competitors. According to the industry distribution chart, RTL Group ranks #950 out of 987 companies in the Media - Diversified industry, placing it in the top 96.3%.
Is RTL Group's Degree of Operating Leverage too high?
RTL Group's current Degree of Operating Leverage is 85.91. The Media - Diversified industry median Degree of Operating Leverage is 0.85. RTL Group's value of 85.91 is 10007.1% above this industry median. Based on the distribution chart, RTL Group ranks #950 out of 987 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, RTL Group has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RTL Group's Degree of Operating Leverage compare to NXST and NMAX?
According to the Media - Diversified industry distribution chart, RTL Group ranks #950 out of 987 companies for Degree of Operating Leverage. This places RTL Group in the lower half of its industry. The industry median Degree of Operating Leverage is 0.85. RTL Group's value of 85.91 is 10007.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Media - Diversified company?
The median Degree of Operating Leverage among Media - Diversified companies is 0.85, based on 987 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RTL Group's current Degree of Operating Leverage of 85.91 is 10007.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for RTL Group and its competitors. For the Media - Diversified industry, the median Degree of Operating Leverage is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTL Group's current Degree of Operating Leverage is 85.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RTL Group stock overvalued right now?
Based on GuruFocus' analysis, RTL Group (LUX:RTLL) is currently considered Modestly Undervalued. The stock's GF Value™ is €34.18, compared to a current price of €29.95 — trading 12.4% below its estimated fair value. The current Degree of Operating Leverage is 85.91 and 10007.1% above the Media - Diversified industry median of 0.85. RTL Group's overall GF Score™ is 51/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For RTL Group (LUX:RTLL), the current Degree of Operating Leverage is 85.91 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RTL Group (LUX:RTLL) Overvalued in 2026?

Based on GuruFocus' analysis, RTL Group stock appears to be undervalued. The current stock price of €29.95 is trading 12.4% below its estimated GF Value™ of €34.18. GuruFocus considers RTL Group to be Modestly Undervalued.

Key valuation signals for LUX:RTLL:

  • Degree of Operating Leverage: 85.91
  • GF Value™: €34.18 vs. price of €29.95 (12.4% below fair value)
  • GF Score™: 51/100 with 10 warning signs
  • Industry Position: 10007.1% above the Media - Diversified median (#950 of 987)

No single metric tells the full story. See the LUX:RTLL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RTL Group Business Description

Address 43, Boulevard Pierre Frieden, Luxembourg, LUX, L-1543
RTL Group SA is an entertainment company across broadcast, streaming, content, and digital, with interests in 52 television channels, six streaming services, and 40 radio stations. With its TV channels, streaming services, radio stations, and online platforms in Germany, France, Hungary, and Luxembourg. Group's streaming services include RTL+ in Germany and Hungary, and M6+ in France.
51GF Score

Get the complete analysis for LUX:RTLL

Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.95
Price
€34.18
GF Value