GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Martin Midstream Partners LP (NAS:MMLP) » Definitions » Degree of Operating Leverage

MMLP (Martin Midstream Partners LP) Degree of Operating Leverage : 10.91 (As of Mar. 2025)


View and export this data going back to 2002. Start your Free Trial

What is Martin Midstream Partners LP Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Martin Midstream Partners LP's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 10.91. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Martin Midstream Partners LP's Degree of Operating Leverage or its related term are showing as below:

MMLP's Degree of Operating Leverage is ranked worse than
87.53% of 906 companies
in the Oil & Gas industry
Industry Median: 0.99 vs MMLP: 10.91

Martin Midstream Partners LP Degree of Operating Leverage Historical Data

The historical data trend for Martin Midstream Partners LP'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.

Martin Midstream Partners LP Degree of Operating Leverage Chart

Martin Midstream Partners LP 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 1.45 1.30 -0.68 -0.58 0.62

Martin Midstream Partners LP 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 -2.82 -4.85 -0.41 0.62 10.91

Competitive Comparison of Martin Midstream Partners LP's Degree of Operating Leverage

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP'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.


Martin Midstream Partners LP's Degree of Operating Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's Degree of Operating Leverage falls into.


;
;

Martin Midstream Partners LP Degree of Operating Leverage Calculation

Martin Midstream Partners LP'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
=( 49.884 (Mar. 2025) / 64.096 (Mar. 2024) - 1 )/( 719.335 (Mar. 2025) / 734.264 (Mar. 2024) - 1 )
=-0.2217/-0.0203
=10.91***

* 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.


Martin Midstream Partners LP  (NAS:MMLP) 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.


Martin Midstream Partners LP Degree of Operating Leverage Related Terms

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


Martin Midstream Partners LP Business Description

Traded in Other Exchanges
N/A
Address
4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and natural gas liquids marketing, distribution and transportation services. Company operates in four segment Terminalling and storage, Transportation, Sulfur service and Specialty products segment. Majority of the revenue derived from Specialty products segment.
Executives
Martin Product Sales Llc 10 percent owner 4200 STONE ROAD, KILGORE TX 75662
Randall Tauscher officer: Executive Vice President KANZA OFFICE PARK, 550 NORTH 159TH ST. EAST, WICHITA KS 67230
Sharon L Taylor officer: Chief Financial Officer 4200 B STONE RD, KILGORE TX 75662
Ruben S Martin director, 10 percent owner, officer: President and CEO 4200 STONE RD, KILGORE TX 75662
Robert D Bondurant officer: Executive VP and CFO 4200 STONE ROAD, KILGORE TX 75662
Scot A Shoup officer: Senior VP Operations 2029 S. CHILTON AVE., TYLER TX 75701
Chris H Booth officer: VP/General Counsel/Secretary 4200 STONE ROAD, KILGORE TX 75662
Christopher Michael Reid director 100 W PUTNAM AVENUE, GREENWICH CT 06830
C Scott Massey director 4200 STONE RD, KILGORE TX 75662
James M Collingsworth director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Stephen W Martin officer: VP Corporate Development 4200 STONE ROAD, KILGORE TX 75662
Zachary Stanton director 12 ROTON AVE, ROTON AVE, NORWALK CT 06853
Charles H Still director FULBRIGHT & JAWORSKI LLP, 1301 MCKINNEY, SUITE 5100, HOUSTON TX 77010-3095
Wesley M Skelton officer: Executive VP, CA0 & Controller 4200 STONE ROAD, KILGORE TX 75662
Sean P. Dolan director 4200 B STONE ROAD, KILGORE TX 75662

Martin Midstream Partners LP Headlines