GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PartnerRe Ltd (NYSE:PREPRECL.PFD) » Definitions » Degree of Operating Leverage

PREPRECL.PFD (PartnerRe) Degree of Operating Leverage : 0.00 (As of Dec. 2020)


View and export this data going back to 2011. Start your Free Trial

What is PartnerRe Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. PartnerRe's Degree of Operating Leverage for the quarter that ended in Dec. 2020 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

PREPRECL.PFD's Degree of Operating Leverage is not ranked *
in the Insurance industry.
Industry Median: 1.06
* Ranked among companies with meaningful Degree of Operating Leverage only.

PartnerRe Degree of Operating Leverage Historical Data

The historical data trend for PartnerRe'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.

PartnerRe Degree of Operating Leverage Chart

PartnerRe Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

PartnerRe Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 - - - - -

Competitive Comparison of PartnerRe's Degree of Operating Leverage

For the Insurance - Reinsurance subindustry, PartnerRe'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.


PartnerRe's Degree of Operating Leverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PartnerRe's Degree of Operating Leverage distribution charts can be found below:

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


;
;

PartnerRe Degree of Operating Leverage Calculation

PartnerRe's Degree of Operating Leverage for the quarter that ended in Dec. 2020 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 256.687 (Dec. 2020) / 1013.791 (Dec. 2019) - 1 )/( 7313.34 (Dec. 2020) / 7788.987 (Dec. 2019) - 1 )
=-0.7468/-0.0611
=12.23***

* 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.


PartnerRe  (NYSE:PREPRECL.PFD) 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.


PartnerRe Degree of Operating Leverage Related Terms

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


PartnerRe Business Description

Traded in Other Exchanges
Address
90 Pitts Bay Road, Pembroke, BMU, HM 08
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. The company operates through the following segments Property & Casualty (P&C), Specialty, and Life and Health. PartnerRe derives the majority of its revenue from the P&C segment.

PartnerRe Headlines

From GuruFocus

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 20,560 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 55,636 Shares

By GuruFocus Research GuruFocus Editor 03-18-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 7,000 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010

PartnerRe Ltd. Reports Operating Results (10-Q)

By gurufocus 10qk 11-08-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 10,830 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010

PartnerRe Ltd. (PRE) CEO of PartnerRe CMG & CFO Albert Benchimol sells 15,000 Shares

By GuruFocus Research GuruFocus Editor 08-10-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 28,649 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010

Mario Gabelli Comments on PartnerRe Ltd.

By Holly LaFon 10-19-2015

17 Cheap Dividend Income Grower with Low P/S

By Dividend Dividend 09-11-2013

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 36,400 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010