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Tegna (TGNA) Degree of Operating Leverage : -2.28 (As of Mar. 2025)


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What is Tegna Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Tegna's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was -2.28. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

TGNA's Degree of Operating Leverage is ranked better than
75.08% of 999 companies
in the Media - Diversified industry
Industry Median: 1.15 vs TGNA: -2.28

Tegna Degree of Operating Leverage Historical Data

The historical data trend for Tegna'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.

Tegna Degree of Operating Leverage Chart

Tegna 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 1.65 -3.12 2.70 2.02 3.18

Tegna 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 0.65 2.64 3.27 3.18 -2.28

Competitive Comparison of Tegna's Degree of Operating Leverage

For the Broadcasting subindustry, Tegna'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.


Tegna's Degree of Operating Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tegna's Degree of Operating Leverage distribution charts can be found below:

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


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Tegna Degree of Operating Leverage Calculation

Tegna'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
=( 764.613 (Mar. 2025) / 893.612 (Mar. 2024) - 1 )/( 3067.768 (Mar. 2025) / 2884.855 (Mar. 2024) - 1 )
=-0.1444/0.0634
=-2.28***

* 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.


Tegna  (NYSE:TGNA) 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.


Tegna Degree of Operating Leverage Related Terms

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


Tegna Business Description

Traded in Other Exchanges
N/A
Address
8350 Broad Street, Suite 2000, Tysons, VA, USA, 22102-5151
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has television stations and radio stations in approximately U.S. markets. The company owns multicast networks of True Crime Network, Twist, and Quest. Each television station also has a robust digital presence across online, mobile, connected television, and social platforms, reaching consumers on all devices and platforms used to consume news content. It generates key revenue from advertising and marketing services, subscriptions, political advertising, and other services.
Executives
Lynn B. Trelstad officer: EVP and COO - Media Operations C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
David T Lougee officer: President, TEGNA Media GANNETT CO., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Mcclelland Clifton A. Iii officer: VP, Cntlr. and Prin. Acc. Off. C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Soohyung Kim 10 percent owner C/O STANDARD GENERAL L.P., 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Karen H. Grimes director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Neal Shapiro director GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Akinyale S. Harrison officer: SVP, General Counsel and Sec. C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Scott K Mccune director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Gina L Bianchini director 312 WALNUT STREET, SUITE 1800, CINCINNATI OH 45202
Stuart J. Epstein director C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Melinda Witmer director C/O TEGNA INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Todd A. Mayman officer: EVP, Chief Legal and Admin Off C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
William A. Behan officer: SVP, Labor Relations C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Howard D Elias director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748