Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Al Maha Petroleum Products Marketing CoOG's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 2.62. The higher Degree of Operating Leverage, the higher operating risk the company will take.
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) 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.
Al Maha Petroleum Products Marketing CoOG Degree of Operating Leverage Related Terms
Al Maha Petroleum Products Marketing CoOG Degree of Operating Leverage Historical Data
* 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.
Al Maha Petroleum Products Marketing CoOG Degree of Operating Leverage Chart
Al Maha Petroleum Products Marketing CoOG Annual Data
MUS:MHAS vs MPC, VLO, PSX: Degree of Operating Leverage Comparison
For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.
Al Maha Petroleum Products Marketing CoOG Degree of Operating Leverage vs Oil & Gas Industry
* 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 2.62 mean?
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) has a Degree of Operating Leverage of 2.62 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 Al Maha Petroleum Products Marketing CoOG and its competitors. According to the industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #604 out of 899 companies in the Oil & Gas industry, placing it in the top 67.2%.
Is Al Maha Petroleum Products Marketing CoOG's Degree of Operating Leverage too high?
Al Maha Petroleum Products Marketing CoOG's current Degree of Operating Leverage is 2.62. The Oil & Gas industry median Degree of Operating Leverage is 0.87. Al Maha Petroleum Products Marketing CoOG's value of 2.62 is 201.1% above this industry median. Based on the distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #604 out of 899 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Al Maha Petroleum Products Marketing CoOG has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Maha Petroleum Products Marketing CoOG's Degree of Operating Leverage compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #604 out of 899 companies for Degree of Operating Leverage. This places Al Maha Petroleum Products Marketing CoOG in the lower half of its industry. The industry median Degree of Operating Leverage is 0.87. Al Maha Petroleum Products Marketing CoOG's value of 2.62 is 201.1% 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 an Oil & Gas company?
The median Degree of Operating Leverage among Oil & Gas companies is 0.87, based on 899 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. Al Maha Petroleum Products Marketing CoOG's current Degree of Operating Leverage of 2.62 is 201.1% 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 Al Maha Petroleum Products Marketing CoOG and its competitors. For the Oil & Gas industry, the median Degree of Operating Leverage is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Petroleum Products Marketing CoOG's current Degree of Operating Leverage is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Petroleum Products Marketing CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع1.16, compared to a current price of ر.ع1.19 — trading 2.6% above its estimated fair value. The current Degree of Operating Leverage is 2.62 and 201.1% above the Oil & Gas industry median of 0.87. Al Maha Petroleum Products Marketing CoOG's overall GF Score™ is 100/100 with 6 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS), the current Degree of Operating Leverage is 2.62 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Overvalued in 2026?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG stock appears to be overvalued.
The current stock price of ر.ع1.19 is trading 2.6% above its estimated GF Value™ of ر.ع1.16.
GuruFocus considers Al Maha Petroleum Products Marketing CoOG to be Fairly Valued.
Key valuation signals for MUS:MHAS:
Degree of Operating Leverage: 2.62
GF Value™: ر.ع1.16 vs. price of ر.ع1.19 (2.6% above fair value)
Industry Position: 201.1% above the Oil & Gas median (#604 of 899)
No single metric tells the full story. See the MUS:MHAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, Non-Fuel Revenue and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
100GF Score
Get the complete analysis for MUS:MHAS
Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:MHAS has been successfully added to your 
