ANZ Group Holdings (ASX:ANZ) Selling, General, & Admin. Expense: A$1,126 Mil (TTM As of Mar. 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:ANZ ANZ Group Holdings Ltd ASX:ANZ
58 GF Score
Price A$37.29
GF Value A$33.08
Valuation Modestly Overvalued
! 5 Warning Signs
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What is ANZ Group Holdings Selling, General, & Admin. Expense?

ANZ Group Holdings ASX:ANZ -0.05% 58 Selling, General, & Admin. Expense is A$1,126 Mil as of Mar. 2026. GuruFocus rates ASX:ANZ with a GF Score™ of 58/100 and a GF Value™ of A$33.08 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ANZ Group Holdings's selling, general, & admin. expense for the six months ended in Mar. 2026 was A$454 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was A$1,126 Mil.


ANZ Group Holdings  (ASX:ANZ) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


ANZ Group Holdings Selling, General, & Admin. Expense Related Terms


ANZ Group Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for ANZ Group Holdings's Selling, General, & Admin. Expense 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.

ANZ Group Holdings Selling, General, & Admin. Expense Chart

ANZ Group Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 947.00 1,100.00 1,052.00 980.00 1,176.00

ANZ Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 430.00 550.00 504.00 672.00 454.00

ASX:ANZ vs JPM, BAC, WFC: Selling, General, & Admin. Expense Comparison

For the Banks - Diversified subindustry, ANZ Group Holdings's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


ANZ Group Holdings Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, ANZ Group Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where ANZ Group Holdings's Selling, General, & Admin. Expense falls into.


ASX:ANZ
58GF Score
ANZ Group Holdings Ltd ASX:ANZ
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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ANZ Group Holdings Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. 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 A$1,126 Mil.

* 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.

What does a Selling, General, & Admin. Expense of A$1,126 Mil mean?
ANZ Group Holdings (ASX:ANZ) has a Selling, General, & Admin. Expense of A$1,126 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on ANZ Group Holdings and its competitors.
Is ANZ Group Holdings' Selling, General, & Admin. Expense too high?
ANZ Group Holdings' current Selling, General, & Admin. Expense is A$1,126 Mil. Overall, ANZ Group Holdings has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ANZ Group Holdings' Selling, General, & Admin. Expense compare to JPM and BAC?
ANZ Group Holdings' Selling, General, & Admin. Expense of A$1,126 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on ANZ Group Holdings and its competitors. ANZ Group Holdings's current Selling, General, & Admin. Expense is A$1,126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANZ Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANZ Group Holdings (ASX:ANZ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$33.08, compared to a current price of A$37.29 — trading 12.7% above its estimated fair value. The current Selling, General, & Admin. Expense is A$1,126 Mil. ANZ Group Holdings' overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For ANZ Group Holdings (ASX:ANZ), the current Selling, General, & Admin. Expense is A$1,126 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 ANZ Group Holdings (ASX:ANZ) Overvalued in 2026?

Based on GuruFocus' analysis, ANZ Group Holdings stock appears to be overvalued. The current stock price of A$37.29 is trading 12.7% above its estimated GF Value™ of A$33.08. GuruFocus considers ANZ Group Holdings to be Modestly Overvalued.

Key valuation signals for ASX:ANZ:

  • Selling, General, & Admin. Expense: A$1,126 Mil
  • GF Value™: A$33.08 vs. price of A$37.29 (12.7% above fair value)
  • GF Score™: 58/100 with 5 warning signs

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


ANZ Group Holdings Business Description

Address 833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.
58GF Score

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

A$37.29
Price
A$33.08
GF Value