GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MYR Group Inc (NAS:MYRG) » Definitions » Degree of Operating Leverage

MYRG (MYR Group) Degree of Operating Leverage : 6.84 (As of Mar. 2025)


View and export this data going back to 2008. Start your Free Trial

What is MYR Group Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. MYR Group's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 6.84. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

MYRG's Degree of Operating Leverage is ranked worse than
83.8% of 1667 companies
in the Construction industry
Industry Median: 0.99 vs MYRG: 6.84

MYR Group Degree of Operating Leverage Historical Data

The historical data trend for MYR 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.

* Premium members only.

MYR Group Degree of Operating Leverage Chart

MYR Group 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 6.07 3.35 -0.01 0.49 7.66

MYR Group 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 0.34 -6.25 -56.04 7.66 6.84

Competitive Comparison of MYR Group's Degree of Operating Leverage

For the Engineering & Construction subindustry, MYR 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.


MYR Group's Degree of Operating Leverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, MYR Group's Degree of Operating Leverage distribution charts can be found below:

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


;
;

MYR Group Degree of Operating Leverage Calculation

MYR Group'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
=( 63.049 (Mar. 2025) / 126.436 (Mar. 2024) - 1 )/( 3380.348 (Mar. 2025) / 3647.851 (Mar. 2024) - 1 )
=-0.5013/-0.0733
=6.84***

* 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.


MYR Group  (NAS:MYRG) 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.


MYR Group Degree of Operating Leverage Related Terms

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


MYR Group Business Description

Industry
Traded in Other Exchanges
Address
12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution networks and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.
Executives
Bradley Thede Favreau director 438 CLEARMONT AVE, APT C, BROOKLYN NY 11238
Kelly Michelle Huntington officer: Senior VP 7575 NORTH PENNSYLVANIA STREET, INDIANAPOLIS IN 46240
Swartz Richard S. Jr. officer: Group VP MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210
William Fry officer: VP, CLO and Secretary 10370 RICHMOND AVE, SUITE 600, HOUSTON TX 77042
Don A. Egan officer: SVP and COO C&I 12121 GRANT STREET, SUITE 610, THORNTON CO 80241
Maurice E. Moore director 1100 LATHROP AVENUE, RIVER FOREST IL 60305
Betty R. Johnson director 1115 CENTRAL AVE #239, NAPLES FL 34103
Jennifer Elaine Lowry director 2 HOLLINS AVE, BALTIMORE MD 21210
Jeffrey J. Waneka officer: SVP and COO C&I 1701 GOLF ROAD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Tod M. Cooper officer: Senior Vice President 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008
Ajoy Hari Karna director 2501 M ST NW, UNIT 508, WASHINGTON DC 20037
William A Koertner director, officer: Chairman, President and CEO MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210
Shirin O'connor director 3054 CREEKSIDE DRIVE, SENECA SC 29672
William Patterson director 60 ARDMORE ROAD, HO-HO-KUS NJ 07423
Gary Ronald Johnson director 6599 PINNACLE DRIVE, EDEN PRAIRIE MN 55346