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Whitehaven CoalWHITF -1.75%82 Degree of Operating Leverage is 6.55 as of Jun. 2026. GuruFocus rates WHITF with a GF Score™ of 82/100 and a GF Value™ of $5.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 127 Other Energy Sources companies, Whitehaven Coal ranks worse than 82.68% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Whitehaven Coal's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 6.55. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Whitehaven Coal's Degree of Operating Leverage or its related term are showing as below:
WHITF's Degree of Operating Leverage is ranked worse than 82.68% of 127
companies
in the Other Energy Sources industry
Industry Median: 0.71
vs WHITF: 6.55
Whitehaven Coal (OTCPK:WHITF) 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.
Whitehaven Coal Degree of Operating Leverage Related Terms
Whitehaven Coal Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Whitehaven Coal'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.
Whitehaven Coal Degree of Operating Leverage Chart
Whitehaven Coal Degree of Operating Leverage Competitor Comparison
For the Thermal Coal subindustry, Whitehaven Coal'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.
Whitehaven Coal Degree of Operating Leverage vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Whitehaven Coal's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Whitehaven Coal's Degree of Operating Leverage falls into.
* 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.
What does a Degree of Operating Leverage of 6.55 mean?
Whitehaven Coal (WHITF) has a Degree of Operating Leverage of 6.55 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Whitehaven Coal and its competitors. According to the industry distribution chart, Whitehaven Coal ranks #105 out of 127 companies in the Other Energy Sources industry, placing it in the top 82.7%.
Is Whitehaven Coal's Degree of Operating Leverage too high?
Whitehaven Coal's current Degree of Operating Leverage is 6.55. The Other Energy Sources industry median Degree of Operating Leverage is 0.71. Whitehaven Coal's value of 6.55 is 822.5% above this industry median. Based on the distribution chart, Whitehaven Coal ranks #105 out of 127 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Whitehaven Coal has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Whitehaven Coal's Degree of Operating Leverage compare to competitors?
According to the Other Energy Sources industry distribution chart, Whitehaven Coal ranks #105 out of 127 companies for Degree of Operating Leverage. This places Whitehaven Coal in the lower half of its industry. The industry median Degree of Operating Leverage is 0.71. Whitehaven Coal's value of 6.55 is 822.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for an Other Energy Sources company?
The median Degree of Operating Leverage among Other Energy Sources companies is 0.71, based on 127 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Whitehaven Coal's current Degree of Operating Leverage of 6.55 is 822.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Whitehaven Coal and its competitors. For the Other Energy Sources industry, the median Degree of Operating Leverage is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitehaven Coal's current Degree of Operating Leverage is 6.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitehaven Coal stock overvalued right now?
Based on GuruFocus' analysis, Whitehaven Coal (WHITF) is currently considered Fairly Valued. The stock's GF Value™ is $5.93, compared to a current price of $5.60 — trading 5.6% below its estimated fair value. The current Degree of Operating Leverage is 6.55 and 822.5% above the Other Energy Sources industry median of 0.71. Whitehaven Coal's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For Whitehaven Coal (WHITF), the current Degree of Operating Leverage is 6.55 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Whitehaven Coal (WHITF) Overvalued in 2026?
Based on GuruFocus' analysis, Whitehaven Coal stock appears to be undervalued.
The current stock price of $5.60 is trading 5.6% below its estimated GF Value™ of $5.93.
GuruFocus considers Whitehaven Coal to be Fairly Valued.
Key valuation signals for WHITF:
Degree of Operating Leverage: 6.55
GF Value™: $5.93 vs. price of $5.60 (5.6% below fair value)
Industry Position: 822.5% above the Other Energy Sources median (#105 of 127)
No single metric tells the full story. See the WHITF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whitehaven Coal is a large Australian independent thermal and metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also bought Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi in April 2024. In addition, it owns the large Winchester South deposit next to its Daunia mine. Coal is railed to ports in Newcastle and Queensland for export to Asian customers. Initial production of about 1 million metric tons from Vickery and expanded production at its Queensland mines, Maules Creek, and Narrabri means we expect its share of salable coal production to approach 31 million metric tons from fiscal 2030, from about 13 million in fiscal 2023.
82GF Score
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