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SIEB (Siebert Financial) Degree of Operating Leverage : 2.87 (As of Sep. 2024)


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What is Siebert Financial Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Siebert Financial's Degree of Operating Leverage for the quarter that ended in Sep. 2024 was 2.87. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

SIEB's Degree of Operating Leverage is ranked worse than
75.91% of 635 companies
in the Capital Markets industry
Industry Median: 0.93 vs SIEB: 2.87

Siebert Financial Degree of Operating Leverage Historical Data

The historical data trend for Siebert Financial'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.

Siebert Financial Degree of Operating Leverage Chart

Siebert Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.94 -0.70 4.37 6.36 -9.88

Siebert Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.45 -9.88 16.84 5.33 2.87

Competitive Comparison of Siebert Financial's Degree of Operating Leverage

For the Capital Markets subindustry, Siebert Financial'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.


Siebert Financial's Degree of Operating Leverage Distribution in the Capital Markets Industry

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

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



Siebert Financial Degree of Operating Leverage Calculation

Siebert Financial's Degree of Operating Leverage for the quarter that ended in Sep. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 14.682 (Sep. 2024) / 8.809 (Sep. 2023) - 1 )/( 82.876 (Sep. 2024) / 67.261 (Sep. 2023) - 1 )
=0.6667/0.2322
=2.87***

* 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.


Siebert Financial  (NAS:SIEB) 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.


Siebert Financial Degree of Operating Leverage Related Terms

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


Siebert Financial Business Description

Traded in Other Exchanges
Address
653 Collins Avenue, Miami Beach, FL, USA, 33139
Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.
Executives
Hocheol Simon Shin director 535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kakao Corp 10 percent owner TOWER A, 166 PANGYOYEOK-RO, BUNDANG-GU, GYEONGGI-DO, SEONGNAM-SI M5 13529
Kakaopay Corp 10 percent owner 15F, TOWER B, 166 PANGYOYEOK-RO, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, SEONGNAM-SI M5 13529
John M. Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Cynthia Dibartolo other: See footnote 535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
John J Gebbia director 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
David Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Richard Gebbia other: MEMBER OF 10% OWNER GROUP C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gloria E Gebbia director, other: 10% Owner(1) C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Kennedy Cabot Acquisition, Llc 10 percent owner 24100 CALABASAS ROAD, CALABASAS CA 91302
Francis V Cuttita director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Jerry M Schneider director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Charles Zabatta director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Andrew H Reich director, officer: EVP, COO, CFO and Secretary C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Leonard M Leiman director C/O SIEBERT FINANCIAL CORP, 885 THIRD AVE STE 1720, NEW YORK NY 10022