Leverage, Profitability, and Company Size Effects on Profit Growth in Transportation Companies

Abstract

This research examines how leverage, profitability, and company size influence profit growth within transportation sector companies. Utilizing purposive sampling methodology, 11 companies from 46 transportation entities were selected during 2019-2023. Data sourced from www.idx.co.id underwent analysis through SPSS version 26. Empirical findings reveal leverage exhibits no significant effect on profit growth. Profitability demonstrates no significant influence on profit growth. Company size shows a positive and significant impact on profit growth. Collectively, these variables exhibit no simultaneous effect on profit growth. The adjusted R-squared value of 10.1% indicates limited explanatory power, with 89.9% influenced by unexplored factors.