BUKS (Butler National) Selling, General, & Admin. Expense: $21.72 Mil (TTM As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

BUKS Butler National Corp BUKS
72 GF Score
Price $4.75
GF Value $1.88
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Butler National Selling, General, & Admin. Expense?

Butler National BUKS +3.94% 72 Selling, General, & Admin. Expense is $21.72 Mil as of Apr. 2026. GuruFocus rates BUKS with a GF Score™ of 72/100 and a GF Value™ of $1.88 (Significantly Overvalued). The stock has 4 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. Butler National's selling, general, & admin. expense for the three months ended in Apr. 2026 was $6.68 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Apr. 2026 was $21.72 Mil.


Butler National  (OTCPK:BUKS) 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.


Butler National Selling, General, & Admin. Expense Related Terms


Butler National Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Butler National'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.

Butler National Selling, General, & Admin. Expense Chart

Butler National Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.99 25.23 20.67 21.22 21.72

Butler National Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.42 4.96 4.84 5.24 6.68

BUKS vs SPCE, MRLN, ISSC: Selling, General, & Admin. Expense Comparison

For the Aerospace & Defense subindustry, Butler National'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.


Butler National Selling, General, & Admin. Expense vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Butler National's Selling, General, & Admin. Expense falls into.


BUKS
72GF Score
Butler National Corp BUKS
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Butler National 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.72 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 $21.72 Mil mean?
Butler National (BUKS) has a Selling, General, & Admin. Expense of $21.72 Mil as of Apr. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Butler National and its competitors.
Is Butler National's Selling, General, & Admin. Expense too high?
Butler National's current Selling, General, & Admin. Expense is $21.72 Mil. Overall, Butler National has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's Selling, General, & Admin. Expense compare to SPCE and MRLN?
Butler National's Selling, General, & Admin. Expense of $21.72 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Selling, General, & Admin. Expense depends on the Aerospace & Defense 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 Butler National and its competitors. Butler National's current Selling, General, & Admin. Expense is $21.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.88, compared to a current price of $4.75 — trading 152.7% above its estimated fair value. The current Selling, General, & Admin. Expense is $21.72 Mil. Butler National's overall GF Score™ is 72/100 with 4 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 Butler National (BUKS), the current Selling, General, & Admin. Expense is $21.72 Mil as of Apr. 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 Butler National (BUKS) Overvalued in 2026?

Based on GuruFocus' analysis, Butler National stock appears to be overvalued. The current stock price of $4.75 is trading 152.7% above its estimated GF Value™ of $1.88. GuruFocus considers Butler National to be Significantly Overvalued.

Key valuation signals for BUKS:

  • Selling, General, & Admin. Expense: $21.72 Mil
  • GF Value™: $1.88 vs. price of $4.75 (152.7% above fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Butler National Business Description

Address One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
72GF 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.

$4.75
Price
$1.88
GF Value