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SXC (SunCoke Energy) Degree of Operating Leverage : -1.76 (As of Mar. 2025)


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What is SunCoke Energy Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. SunCoke Energy's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -1.76. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

SXC's Degree of Operating Leverage is ranked better than
72% of 600 companies
in the Steel industry
Industry Median: 1.11 vs SXC: -1.76

SunCoke Energy Degree of Operating Leverage Historical Data

The historical data trend for SunCoke Energy'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.

SunCoke Energy Degree of Operating Leverage Chart

SunCoke Energy 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 9.15 4.92 1.13 -4.05 -3.46

SunCoke Energy 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 -3.04 4.10 -4.03 -3.46 -1.76

Competitive Comparison of SunCoke Energy's Degree of Operating Leverage

For the Coking Coal subindustry, SunCoke Energy'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.


SunCoke Energy's Degree of Operating Leverage Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy's Degree of Operating Leverage distribution charts can be found below:

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


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SunCoke Energy Degree of Operating Leverage Calculation

SunCoke Energy'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
=( 147.6 (Mar. 2025) / 127.9 (Mar. 2024) - 1 )/( 1883 (Mar. 2025) / 2063.8 (Mar. 2024) - 1 )
=0.154/-0.0876
=-1.76***

* 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.


SunCoke Energy  (NYSE:SXC) 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.


SunCoke Energy Degree of Operating Leverage Related Terms

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


SunCoke Energy Business Description

Industry
Traded in Other Exchanges
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Inc operates as an independent producer of coke in the Americas. Its coke is primarily used as a principal raw material in the blast furnace steelmaking process as well as in the foundry production of casted iron. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing-based customers. The majority of revenue is derived from the Domestic Coke segment.
Executives
John F Quanci officer: Vice President, Technology and 1011 WARRENVILLE ROAD STE 600, LISLE IL 60532
Andrei Alexander Mikhalevsky director 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael G Rippey director, officer: President and CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Phillip Michael Hardesty officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael Ward Lewis director 2551 GLEN EAGLES DRIVE, OLYMPIA FIELDS IL 60461
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Mark W. Marinko officer: SR VP, Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Katherine T Gates officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Bonnie M Edeus officer: Vice President & Controller 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
John W Rowe director
Susan R. Landahl director 24545 S. MOORMAN AVENUE, CHANNAHON IL 60410
Mangrove Partners Fund (cayman), Ltd. 10 percent owner MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104