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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Imperial Brands's selling, general, & admin. expense for the
six
months ended in Mar. 2026 was £1,523 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was £3,555 Mil.
Imperial Brands (CHIX:IMBl) 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.
Imperial Brands Selling, General, & Admin. Expense Related Terms
Imperial Brands Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Imperial Brands'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.
Imperial Brands Selling, General, & Admin. Expense Chart
CHIX:IMBL vs PM, MO, TPB: Selling, General, & Admin. Expense Comparison
For the Tobacco subindustry, Imperial Brands'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.
Imperial Brands Selling, General, & Admin. Expense vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Imperial Brands's Selling, General, & Admin. Expense falls into.
Imperial Brands 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 £3,555 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 £3,555 Mil mean?
Imperial Brands (CHIX:IMBL) has a Selling, General, & Admin. Expense of £3,555 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 Imperial Brands and its competitors.
Is Imperial Brands' Selling, General, & Admin. Expense too high?
Imperial Brands' current Selling, General, & Admin. Expense is £3,555 Mil. Overall, Imperial Brands has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Selling, General, & Admin. Expense compare to PM and MO?
Imperial Brands' Selling, General, & Admin. Expense of £3,555 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Selling, General, & Admin. Expense depends on the Tobacco Products 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 Imperial Brands and its competitors. Imperial Brands's current Selling, General, & Admin. Expense is £3,555 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (CHIX:IMBL) is currently considered Significantly Overvalued. The stock's GF Value™ is £14.94, compared to a current price of £27.88 — trading 86.6% above its estimated fair value. The current Selling, General, & Admin. Expense is £3,555 Mil. Imperial Brands' overall GF Score™ is 66/100 with 3 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 Imperial Brands (CHIX:IMBL), the current Selling, General, & Admin. Expense is £3,555 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 Imperial Brands (CHIX:IMBL) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued.
The current stock price of £27.88 is trading 86.6% above its estimated GF Value™ of £14.94.
GuruFocus considers Imperial Brands to be Significantly Overvalued.
Key valuation signals for CHIX:IMBL:
Selling, General, & Admin. Expense: £3,555 Mil
GF Value™: £14.94 vs. price of £27.88 (86.6% above fair value)
No single metric tells the full story. See the CHIX:IMBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
66GF Score
Get the complete analysis for CHIX:IMBL
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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