Mainfreight (NZSE:MFT) Interest Expense: NZ$-8 Mil (TTM As of Mar. 2026)

What is Mainfreight Interest Expense?

Mainfreight NZSE:MFT -1.88% 94 Interest Expense is NZ$-8 Mil as of Mar. 2026. GuruFocus rates NZSE:MFT with a GF Score™ of 94/100 and a GF Value™ of NZ$71.04 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mainfreight's interest expense for the six months ended in Mar. 2026 was NZ$ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$-8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mainfreight's Operating Income for the six months ended in Mar. 2026 was NZ$ 250 Mil. Mainfreight's Interest Expense for the six months ended in Mar. 2026 was NZ$ -4 Mil. Mainfreight's Interest Coverage for the quarter that ended in Mar. 2026 was 66.01. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mainfreight (NZSE:MFT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mainfreight's Interest Expense for the six months ended in Mar. 2026 was NZ$-4 Mil. Its Operating Income for the six months ended in Mar. 2026 was NZ$250 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was NZ$1,174 Mil.

Mainfreight's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	249.515	/	-3.78
	=	66.01

* 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.

The higher the ratio, the stronger the company's financial strength is.

Mainfreight Interest Expense Historical Data

* Premium members only.

The historical data trend for Mainfreight's Interest Expense can be seen below:

Mainfreight Interest Expense Chart

Mainfreight Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Interest Expense

Get a 7-Day Free Trial

-5.31

-7.32

-6.62

-8.97

-8.23

Mainfreight Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Interest Expense	Get a 7-Day Free Trial															-3.70	-5.40	-3.57	-4.45	-3.78

94GF Score

Mainfreight Ltd NZSE:MFT

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Mainfreight Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-8 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of NZ$-8 Mil mean?

Mainfreight (NZSE:MFT) has a Interest Expense of NZ$-8 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mainfreight and its competitors.

Is Mainfreight's Interest Expense too high?

Mainfreight's current Interest Expense is NZ$-8 Mil. Overall, Mainfreight has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Mainfreight's Interest Expense compare to UPS and FDX?

Mainfreight's Interest Expense of NZ$-8 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Transportation company?

A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mainfreight and its competitors. Mainfreight's current Interest Expense is NZ$-8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mainfreight stock overvalued right now?

Based on GuruFocus' analysis, Mainfreight (NZSE:MFT) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$71.04, compared to a current price of NZ$62.00 — trading 12.7% below its estimated fair value. The current Interest Expense is NZ$-8 Mil. Mainfreight's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current Interest Expense is NZ$-8 Mil as of Mar. 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 Mainfreight (NZSE:MFT) Overvalued in 2026?

Based on GuruFocus' analysis, Mainfreight stock appears to be undervalued. The current stock price of NZ$62.00 is trading 12.7% below its estimated GF Value™ of NZ$71.04. GuruFocus considers Mainfreight to be Modestly Undervalued.

Key valuation signals for NZSE:MFT:

Interest Expense: NZ$-8 Mil
GF Value™: NZ$71.04 vs. price of NZ$62.00 (12.7% below fair value)
GF Score™: 94/100 with 5 warning signs

No single metric tells the full story. See the NZSE:MFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mainfreight Business Description

Industry Industrials Transportation

Comparable Companies NZSE:FRW NZSE:MOV UPS FDX XTER:DHL OCSE:DSV XSWX:KNIN JBHT SZSE:002352 FDXF CHRW EXPD ZTO HKSE:01519 HKSE:02618 XAMS:INPST XKRX:086280 SHSE:600233 TSE:9147 LSTR

Other Exchanges MFGHF:USA

Address 2 Railway Lane, Otahuhu, Auckland, NTL, NZL, 1062

Website https://www.mainfreight.com

Mainfreight Ltd is in the supply chain logistics business. It provides the full spectrum of warehousing, Transport, and international air and ocean freight services. Geographically, it operates businesses in New Zealand, Australia, Europe, The Americas, Asia, and others.

94GF Score

Get the complete analysis for NZSE:MFT

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$62.00

Price

NZ$71.04

GF Value

View NZSE:MFT Analysis

See Interest Expense data for all stocks →