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SPR (Spirit AeroSystems Holdings) Degree of Operating Leverage : -69.24 (As of Mar. 2025)


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What is Spirit AeroSystems Holdings Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Spirit AeroSystems Holdings's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -69.24. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

SPR's Degree of Operating Leverage is ranked better than
97.67% of 301 companies
in the Aerospace & Defense industry
Industry Median: 1.19 vs SPR: -69.24

Spirit AeroSystems Holdings Degree of Operating Leverage Historical Data

The historical data trend for Spirit AeroSystems Holdings'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.

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Spirit AeroSystems Holdings Degree of Operating Leverage Chart

Spirit AeroSystems Holdings 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 3.84 -4.03 -0.20 -0.35 124.06

Spirit AeroSystems Holdings 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 0.86 2.04 3.62 124.06 -69.24

Competitive Comparison of Spirit AeroSystems Holdings's Degree of Operating Leverage

For the Aerospace & Defense subindustry, Spirit AeroSystems Holdings'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.


Spirit AeroSystems Holdings's Degree of Operating Leverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Spirit AeroSystems Holdings's Degree of Operating Leverage distribution charts can be found below:

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


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Spirit AeroSystems Holdings Degree of Operating Leverage Calculation

Spirit AeroSystems Holdings'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
=( -1769.7 (Mar. 2025) / -587.4 (Mar. 2024) - 1 )/( 6135.6 (Mar. 2025) / 6319.3 (Mar. 2024) - 1 )
=2.0128/-0.0291
=-69.24***

* 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.


Spirit AeroSystems Holdings  (NYSE:SPR) 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.


Spirit AeroSystems Holdings Degree of Operating Leverage Related Terms

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Spirit AeroSystems Holdings Business Description

Traded in Other Exchanges
Address
3801 South Oliver Street, Wichita, KS, USA, 67210
Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005 to become the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's beleaguered 737 program, which accounts for nearly half the company's revenue. The company plans to be acquired by and reintegrated into Boeing in mid-2025.
Executives
Alan W Young officer: SVP Fab & Procurement Officer 3801 S. OLIVER, MC K11-60, WICHITA KS 67210
Sean Black officer: SVP, Engineering 3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Mindy Mcpheeters officer: SVP, GC/Corp Sec 3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Justin Welner officer: SVP, CAO & CCO 3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Mark Miklos officer: SVP, Defense & Space 3801 S. OLIVER, MC K11-60, WICHITA KS 67210
Kailash Krishnaswamy officer: SVP, Aftermarket 3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Robert D Johnson director HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Fitzgerald William Augustus Iii director 3801 S OLIVER, MC K11-60, WICHITA KS 67210
Patrick M Shanahan director C/O RESILIENCE CAPITAL PARTNERS LLC, 25101 CHAGRIN BLVD 350, BEACHWOOD OH 44122
Terry J George officer: SVP, Boeing 737 Program 3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Damon Christopher Ward officer: Interim Corporate Controller 3801 S OLIVER ST, MAIL CODE K11-60, WICHITA KS 67210
Stephen Anthony Cambone director 3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Mcmullen Victor Rodney Jr officer: SVP, Wichita & Oklahoma Ops 3801 S OLIVER ST, MAIL CODE K11-60, WICHITA KS 67210
Scott Mclarty officer: SVP, Airbus Programs 3801 S OLIVER ST, MAIL CODE K11-60, WICHITA KS 67210