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SPRU (Spruce Power Holding) Degree of Operating Leverage : 56.95 (As of Mar. 2025)


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What is Spruce Power Holding Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Spruce Power Holding's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 56.95. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

SPRU's Degree of Operating Leverage is ranked worse than
96.99% of 996 companies
in the Semiconductors industry
Industry Median: 0.98 vs SPRU: 56.95

Spruce Power Holding Degree of Operating Leverage Historical Data

The historical data trend for Spruce Power Holding'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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Spruce Power Holding Degree of Operating Leverage Chart

Spruce Power Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial 1.79 - - -0.21 14.63

Spruce Power Holding 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 -0.92 -1.10 -32.24 14.63 56.95

Competitive Comparison of Spruce Power Holding's Degree of Operating Leverage

For the Solar subindustry, Spruce Power Holding'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.


Spruce Power Holding's Degree of Operating Leverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Spruce Power Holding's Degree of Operating Leverage distribution charts can be found below:

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


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Spruce Power Holding Degree of Operating Leverage Calculation

Spruce Power Holding'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
=( -41.146 (Mar. 2025) / -6.247 (Mar. 2024) - 1 )/( 87.903 (Mar. 2025) / 80.051 (Mar. 2024) - 1 )
=5.5865/0.0981
=56.95***

* 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.


Spruce Power Holding  (NYSE:SPRU) 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.


Spruce Power Holding Degree of Operating Leverage Related Terms

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


Spruce Power Holding Business Description

Traded in Other Exchanges
N/A
Address
2000 S Colorado Boulevard, Suite 2-825, Denver, CO, USA, 80222
Spruce Power Holding Corp is an owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's customers are homeowners and the Company's core solar service offerings generate revenues through, the sale of electricity generated by its home solar energy systems to homeowners, third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and the servicing of those agreements for other institutional owners of home solar energy systems.
Executives
Eric M. Tech director, officer: CEO 2701 NAVISTAR DRIVE, LISLE IL 60532
John P. Miller director 26W073 MOHICAN DRIVE, WHEATON IL 60189
Christopher M. Hayes director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Jonathan J Ledecky director C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Christian S. Fong director, officer: President and CEO 7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
Jonathan M Norling officer: Chief Legal Officer 820 GESSNER ROAD, SUITE 500, HOUSTON TX 77024
Sarah Weber Wells officer: SVP of Fin & Acc & Sustain' 820 GESSNER ROAD, SUITE 500, HOUSTON TX 77024
Stacey Constas officer: General Counsel 47000 LIBERTY DRIVE, WIXOM MI 48393
Michael Kenhard officer: CTO and VP of Engineering 47000 LIBERTY DRIVE, WIXOM MI 48393
Calhoun Colleen officer: VP / GM of XL Grid 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Donald P Klein officer: Chief Financial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Cielo Hernandez officer: Chief Financial Officer C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Berklas James P Jr officer: General Counsel 123 MAIN STREET, BRISTOL CT 06010
Sarah Sclarsic director C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174