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STRS (Stratus Properties) Degree of Operating Leverage : -3.39 (As of Mar. 2025)


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What is Stratus Properties Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Stratus Properties's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -3.39. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

STRS's Degree of Operating Leverage is ranked better than
82.21% of 1703 companies
in the Real Estate industry
Industry Median: 0.92 vs STRS: -3.39

Stratus Properties Degree of Operating Leverage Historical Data

The historical data trend for Stratus Properties'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.

Stratus Properties Degree of Operating Leverage Chart

Stratus Properties 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 3.16 39.04 -3.29 -2.86 -0.36

Stratus Properties 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 8.01 -2.32 -0.91 -0.36 -3.39

Competitive Comparison of Stratus Properties's Degree of Operating Leverage

For the Real Estate - Diversified subindustry, Stratus Properties'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.


Stratus Properties's Degree of Operating Leverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Stratus Properties's Degree of Operating Leverage distribution charts can be found below:

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


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Stratus Properties Degree of Operating Leverage Calculation

Stratus Properties'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
=( -11.261 (Mar. 2025) / -7.668 (Mar. 2024) - 1 )/( 32.719 (Mar. 2025) / 37.975 (Mar. 2024) - 1 )
=0.4686/-0.1384
=-3.39***

* 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.


Stratus Properties  (NAS:STRS) 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.


Stratus Properties Degree of Operating Leverage Related Terms

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


Stratus Properties Business Description

Traded in Other Exchanges
N/A
Address
212 Lavaca Street, Suite 300, Austin, TX, USA, 78701
Stratus Properties Inc is a diversified real estate company operating in the United States. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, multi- and single-family residential real estate properties, located in the Austin Texas area and other select markets in Texas. It operates its business through two segments namely, Real Estate Operations and Leasing Operations. Real Estate Operations segment encompasses activities associated with entitlement, development, and sale of real estate. Leasing Operations segment involves leasing of commercial space at retail and mixed-use properties and residences in multi-family properties that company developed. Majority of revenue is from Real Estate Operations.
Executives
Oasis Investments Ii Master Fund Ltd. 10 percent owner UGLAND HOUSE PO BOX 309, GRAND CAYMAN E9 KY1-1104
Laurie L. Dotter director 3615 WEST LAWTHER DRIVE, DALLAS TX 75214
Rhone Neville L. Jr. director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Kate Henriksen director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
Michael D Madden director 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
James Joseph director
Charles W. Porter director 212 LAVACA STREET, SUITE 300, AUSTIN TX 78701
James Leslie director 5924 ROYAL LANE, SUITE 250, DALLAS TX 75230
Erin D Pickens officer: Senior VP & CFO 1775 BROADWAY 23RD FLR, NEW YORK NY 10019
Armstrong William H Iii director, officer: Chair of Board, President, CEO 98 SAN JACINTO BLVD, STE 220, AUSTIN TX 78701
Ella Gendel director 300 WEST 6TH STREET, SUITE 1550, AUSTIN TX 78701
Carl E Berg 10 percent owner, other: See Remarks C/O BERG & BERG DEVELOPERS, 10050 BANDLEY DR, CUPERTINO CA 95014
Seth Fischer 10 percent owner C/O OASIS MANAGEMENT (HONG KONG) LLC, 21/F MAN YEE BUILDING, 68 DES VOEUX ROAD, CENTRAL K3
Oasis Management Co Ltd. 10 percent owner 4TH FLOOR ANDERSON SQUARE,, 64 SHEDDEN ROAD, P.O. BOX 10324, GRAND CAYMAN E9 KY-1103
David M Dean other: See Remarks 16200 ADDISON ROAD, SUITE 220, ADDISON TX 75001