In accounting, the acronym "DFL" stands for degree of financial leverage. A company's DFL represents the riskiness of its capital structure, which includes its debts and equity. When a company's fixed ...

When the firm's real and financial decisions are separable, capital structure changes affect the degree of financial leverage (DFL), but not the degree of operating leverage (DOL). When real and ...

The key to communicating the benefit of operating leverage is having a costing system that accurately characterizes the nature of cost as fixed and variable based on strong causal relationships. It ...

Stride, Inc. LRN continues to deliver robust margin growth. In third-quarter fiscal 2025, the company reported a robust performance with adjusted EBITDA rising 40% year over year to a record $168.3 ...