Eni SpA (MIL:ENI) Selling, General, & Admin. Expense: €3,251 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

MIL:ENI Eni SpA MIL:ENI
54 GF Score
Price €22.40
GF Value €14.82
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Eni SpA Selling, General, & Admin. Expense?

Eni SpA MIL:ENI -0.02% 54 Selling, General, & Admin. Expense is €3,251 Mil as of Mar. 2026. GuruFocus rates MIL:ENI with a GF Score™ of 54/100 and a GF Value™ of €14.82 (Significantly Overvalued). The stock has 9 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. Eni SpA's selling, general, & admin. expense for the three months ended in Mar. 2026 was €823 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3,251 Mil.


Eni SpA  (MIL:ENI) 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.


Eni SpA Selling, General, & Admin. Expense Related Terms


Eni SpA Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Eni SpA'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.

Eni SpA Selling, General, & Admin. Expense Chart

Eni SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,888.00 3,015.00 3,136.00 3,262.00 3,229.00

Eni SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 801.00 893.00 744.00 791.00 823.00

MIL:ENI vs XOM, CVX: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Integrated subindustry, Eni SpA'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.


Eni SpA Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eni SpA's Selling, General, & Admin. Expense distribution charts can be found below:

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


MIL:ENI
54GF Score
Eni SpA MIL:ENI
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Eni SpA 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 quarterly data reported by the company within the most recent 12 months, which was €3,251 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 €3,251 Mil mean?
Eni SpA (MIL:ENI) has a Selling, General, & Admin. Expense of €3,251 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 Eni SpA and its competitors.
Is Eni SpA's Selling, General, & Admin. Expense too high?
Eni SpA's current Selling, General, & Admin. Expense is €3,251 Mil. Overall, Eni SpA has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eni SpA's Selling, General, & Admin. Expense compare to XOM and CVX?
Eni SpA's Selling, General, & Admin. Expense of €3,251 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas 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 Eni SpA and its competitors. Eni SpA's current Selling, General, & Admin. Expense is €3,251 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eni SpA stock overvalued right now?
Based on GuruFocus' analysis, Eni SpA (MIL:ENI) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.82, compared to a current price of €22.40 — trading 51.1% above its estimated fair value. The current Selling, General, & Admin. Expense is €3,251 Mil. Eni SpA's overall GF Score™ is 54/100 with 9 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 Eni SpA (MIL:ENI), the current Selling, General, & Admin. Expense is €3,251 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 Eni SpA (MIL:ENI) Overvalued in 2026?

Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued. The current stock price of €22.40 is trading 51.1% above its estimated GF Value™ of €14.82. GuruFocus considers Eni SpA to be Significantly Overvalued.

Key valuation signals for MIL:ENI:

  • Selling, General, & Admin. Expense: €3,251 Mil
  • GF Value™: €14.82 vs. price of €22.40 (51.1% above fair value)
  • GF Score™: 54/100 with 9 warning signs

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


Eni SpA Business Description

Industry EnergyOil & Gas
Address 1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
54GF Score

Get the complete analysis for MIL:ENI

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

€22.40
Price
€14.82
GF Value