Abstract:
This study aims to investigate the impact of operating leverage and financial leverage on earning per
share (EPS) in the property and real estate sector of companies listed on the Indonesian Stock
Exchange from 2017 to 2019. The results show that operating leverage has a positive and significant
effect on EPS, while financial leverage has no significant effect on EPS. Simultaneously, both
operating leverage and financial leverage have a positive and significant impact on EPS. The study
suggests that investors should pay attention to the EPS of a company before making any investment
decisions, as well as consider the use of debt on EPS to avoid potential losses. Additionally, the
findings can assist companies in planning their operational funding through operating and financial
leverage, and EPS can help maintain shareholders' trust and ensure their continued investment in the
company. Thus, companies are advised to use debt wisely and consider EPS as a reference for
investors when selecting company stocks
