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SSRM (SSR Mining) Degree of Operating Leverage : 7.77 (As of Mar. 2025)


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What is SSR Mining Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. SSR Mining's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 7.77. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

SSRM's Degree of Operating Leverage is ranked worse than
86.07% of 732 companies
in the Metals & Mining industry
Industry Median: 0.955 vs SSRM: 7.77

SSR Mining Degree of Operating Leverage Historical Data

The historical data trend for SSR Mining'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.

SSR Mining Degree of Operating Leverage Chart

SSR Mining 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 1.07 1.45 1.98 -6.10 -2.29

SSR Mining 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 -19.27 -36.77 21.93 -2.29 7.77

Competitive Comparison of SSR Mining's Degree of Operating Leverage

For the Gold subindustry, SSR Mining'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.


SSR Mining's Degree of Operating Leverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SSR Mining's Degree of Operating Leverage distribution charts can be found below:

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


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SSR Mining Degree of Operating Leverage Calculation

SSR Mining'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
=( 135.027 (Mar. 2025) / -596.214 (Mar. 2024) - 1 )/( 1082.002 (Mar. 2025) / 1342.547 (Mar. 2024) - 1 )
=-1.2265/-0.1941
=6.32***

* 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.


SSR Mining  (NAS:SSRM) 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.


SSR Mining Degree of Operating Leverage Related Terms

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


SSR Mining Business Description

Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
Executives
William K. Macnevin other: EVP, Ops & Sustainability 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
John Ebbett other: EVP, Growth and Innovation 6900 E. LAYTON AVE. SUITE 1300, DENVER CO 80237
Arthur Michael Anglin director 20 EL CAMINO REAL, BERKELEY CA 94705
Alison Lynn White officer: Chief Financial Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Michael John Sparks officer: Chief Legal & Admin Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Farid Fady Adel Edward officer: Chief Corp Development Officer 100 KING STREET WEST, STE 5600, TORONTO A6 M5X 1C9
Russell Farnsworth officer: Chief Accounting Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Karen A Swager director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 1200, TAMPA FL 33602
Rodney Antal director, officer: President & CEO 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Steward John Beckman officer: Chief Operating Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Leigh Ann Fisher director 3930 JACKSON BEND DRIVE, LOUISVILLE TN 37777
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Kay G Priestly director HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
Brian R Booth director 4957 EDENDALE COURT, WEST VANCOUVER A1 V7W 3H7