MMMPF (Mermaid Maritime PCL) Degree of Operating Leverage : -14.80 (As of Jun. 2026)

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What is Mermaid Maritime PCL Degree of Operating Leverage?

Mermaid Maritime PCL MMMPF +0.37% Degree of Operating Leverage is -14.80 as of Jun. 2026. The stock has 7 warning signs investors should review. Among 901 Oil & Gas companies, Mermaid Maritime PCL ranks better than 91.56% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Mermaid Maritime PCL's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was -14.80. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

MMMPF's Degree of Operating Leverage is ranked better than
91.56% of 901 companies
in the Oil & Gas industry
Industry Median: 0.96 vs MMMPF: -14.80

Mermaid Maritime PCL  (OTCPK:MMMPF) 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.


Mermaid Maritime PCL Degree of Operating Leverage Related Terms


Mermaid Maritime PCL Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Mermaid Maritime PCL'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.

Mermaid Maritime PCL Degree of Operating Leverage Chart

Mermaid Maritime PCL 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 -2.85 -1.35 10.20 0.57 4.95

Mermaid Maritime PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 -4.77 3.68 4.95 -1.04 -14.80

MMMPF vs SLB, BKR, FTI: Degree of Operating Leverage Comparison

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL Degree of Operating Leverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Degree of Operating Leverage distribution charts can be found below:

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



Mermaid Maritime PCL Degree of Operating Leverage Calculation

Mermaid Maritime PCL'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
=( 21.911 (Jun. 2026) / 4.963 (Jun. 2025) - 1 )/( 403.595 (Jun. 2026) / 496.891 (Jun. 2025) - 1 )
=3.4149/-0.1878
=-18.19***

* 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 -14.80 mean?
Mermaid Maritime PCL (MMMPF) has a Degree of Operating Leverage of -14.80 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 Mermaid Maritime PCL and its competitors. According to the industry distribution chart, Mermaid Maritime PCL ranks #76 out of 901 companies in the Oil & Gas industry, placing it in the top 8.4%.
Is Mermaid Maritime PCL's Degree of Operating Leverage too high?
Mermaid Maritime PCL's current Degree of Operating Leverage is -14.80. Based on the distribution chart, Mermaid Maritime PCL ranks #76 out of 901 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Mermaid Maritime PCL's Degree of Operating Leverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #76 out of 901 companies for Degree of Operating Leverage. This places Mermaid Maritime PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 0.96. 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 an Oil & Gas company?
The median Degree of Operating Leverage among Oil & Gas companies is 0.96, based on 901 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. 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 Mermaid Maritime PCL and its competitors. For the Oil & Gas industry, the median Degree of Operating Leverage is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current Degree of Operating Leverage is -14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.8% above its estimated fair value. The current Degree of Operating Leverage is -14.80. 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 Mermaid Maritime PCL (MMMPF), the current Degree of Operating Leverage is -14.80 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.

Mermaid Maritime PCL Business Description

Industry EnergyOil & Gas
Other Exchanges DU4:Singapore
Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.