PATH (UiPath) Degree of Operating Leverage : -11.69 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

PATH UiPath Inc PATH
78 GF Score
Price $13.05
GF Value $16.80
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is UiPath Degree of Operating Leverage?

UiPath PATH +2.27% 78 Degree of Operating Leverage is -11.69 as of Apr. 2026. GuruFocus rates PATH with a GF Score™ of 78/100 and a GF Value™ of $16.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,700 Software companies, UiPath ranks better than 88.93% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. UiPath's Degree of Operating Leverage for the quarter that ended in Apr. 2026 was -11.69. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

PATH's Degree of Operating Leverage is ranked better than
88.93% of 2700 companies
in the Software industry
Industry Median: 0.625 vs PATH: -11.69

UiPath  (NYSE:PATH) 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.


UiPath Degree of Operating Leverage Related Terms


UiPath Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for UiPath'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.

UiPath Degree of Operating Leverage Chart

UiPath Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Degree of Operating Leverage
Get a 7-Day Free Trial 7.56 -1.63 -2.24 -0.14 -10.66

UiPath Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -3.16 -9.21 -10.50 -10.66 -11.69

PATH vs DOX, ACIW, GTLB: Degree of Operating Leverage Comparison

For the Software - Infrastructure subindustry, UiPath'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.


UiPath Degree of Operating Leverage vs Software Industry

For the Software industry and Technology sector, UiPath's Degree of Operating Leverage distribution charts can be found below:

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


PATH
78GF Score
UiPath Inc PATH
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UiPath Degree of Operating Leverage Calculation

UiPath's Degree of Operating Leverage for the quarter that ended in Apr. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 101.159 (Apr. 2026) / -129.516 (Apr. 2025) - 1 )/( 1672.33 (Apr. 2026) / 1451.176 (Apr. 2025) - 1 )
=-1.7811/0.1524
=-11.69***

* 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 -11.69 mean?
UiPath (PATH) has a Degree of Operating Leverage of -11.69 as of Apr. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for UiPath and its competitors. According to the industry distribution chart, UiPath ranks #299 out of 2700 companies in the Software industry, placing it in the top 11.1%.
Is UiPath's Degree of Operating Leverage too high?
UiPath's current Degree of Operating Leverage is -11.69. Based on the distribution chart, UiPath ranks #299 out of 2700 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, UiPath has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UiPath's Degree of Operating Leverage compare to DOX and ACIW?
According to the Software industry distribution chart, UiPath ranks #299 out of 2700 companies for Degree of Operating Leverage. This places UiPath in the top 11% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 0.63. 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 Software company?
The median Degree of Operating Leverage among Software companies is 0.63, based on 2,700 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 UiPath and its competitors. For the Software industry, the median Degree of Operating Leverage is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UiPath's current Degree of Operating Leverage is -11.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UiPath stock overvalued right now?
Based on GuruFocus' analysis, UiPath (PATH) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.80, compared to a current price of $13.05 — trading 22.3% below its estimated fair value. The current Degree of Operating Leverage is -11.69. UiPath's overall GF Score™ is 78/100 with 3 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 UiPath (PATH), the current Degree of Operating Leverage is -11.69 as of Apr. 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 UiPath (PATH) Overvalued in 2026?

Based on GuruFocus' analysis, UiPath stock appears to be undervalued. The current stock price of $13.05 is trading 22.3% below its estimated GF Value™ of $16.80. GuruFocus considers UiPath to be Modestly Undervalued.

Key valuation signals for PATH:

  • Degree of Operating Leverage: -11.69
  • GF Value™: $16.80 vs. price of $13.05 (22.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


UiPath Business Description

Address One Vanderbilt Avenue, 60th Floor, New York, NY, USA, 10017
UiPath Inc offers an end-to-end cross-application enterprise automation platform principally with computer vision technology and user interface automations in its initial RPA offering, which remains the foundation of the platform. The platform leverages a range of automation technologies, including robotic process automation, application programming interface, and artificial intelligence. UiPath's solution can automate a broad range of repetitive tasks across industries, including claims processing, employee onboarding, invoice-to-cash, loan applications, and customer service. The company works in the Americas, Europe, the Middle East, and Africa, and Asia-Pacific, with the maximum revenue from the America.
78GF Score

Get the complete analysis for PATH

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

$13.05
Price
$16.80
GF Value