SPWH (Sportsman's Warehouse Holdings) Selling, General, & Admin. Expense: $321 Mil (TTM As of Apr. 2026)


SPWH Sportsman's Warehouse Holdings Inc SPWH
45 GF Score
Price $1.28
GF Value $2.64
Valuation Possible Value Trap
! 7 Warning Signs
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What is Sportsman's Warehouse Holdings Selling, General, & Admin. Expense?

Sportsman's Warehouse Holdings SPWH -0.78% 45 Selling, General, & Admin. Expense is $321 Mil as of Apr. 2026. GuruFocus rates SPWH with a GF Score™ of 45/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 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. Sportsman's Warehouse Holdings's selling, general, & admin. expense for the three months ended in Apr. 2026 was $94 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Apr. 2026 was $321 Mil.


Sportsman's Warehouse Holdings  (NAS:SPWH) 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.


Sportsman's Warehouse Holdings Selling, General, & Admin. Expense Related Terms


Sportsman's Warehouse Holdings Selling, General, & Admin. Expense Historical Data

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The historical data trend for Sportsman's Warehouse 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.

Sportsman's Warehouse Holdings Selling, General, & Admin. Expense Chart

Sportsman's Warehouse Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 399.68 270.60 269.34 258.65 261.71

Sportsman's Warehouse Holdings 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 95.26 97.17 67.22 63.19 93.89

SPWH vs NPT, ABLV, PTLE: Selling, General, & Admin. Expense Comparison

For the Specialty Retail subindustry, Sportsman's Warehouse 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.


Sportsman's Warehouse Holdings Selling, General, & Admin. Expense vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

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


SPWH
45GF Score
Sportsman's Warehouse Holdings Inc SPWH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Sportsman's Warehouse 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $321 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 $321 Mil mean?
Sportsman's Warehouse Holdings (SPWH) has a Selling, General, & Admin. Expense of $321 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 Sportsman's Warehouse Holdings and its competitors.
Is Sportsman's Warehouse Holdings' Selling, General, & Admin. Expense too high?
Sportsman's Warehouse Holdings' current Selling, General, & Admin. Expense is $321 Mil. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Selling, General, & Admin. Expense compare to NPT and ABLV?
Sportsman's Warehouse Holdings' Selling, General, & Admin. Expense of $321 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical 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 Sportsman's Warehouse Holdings and its competitors. Sportsman's Warehouse Holdings's current Selling, General, & Admin. Expense is $321 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.28 — trading 51.5% below its estimated fair value. The current Selling, General, & Admin. Expense is $321 Mil. Sportsman's Warehouse Holdings' overall GF Score™ is 45/100 with 7 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 Sportsman's Warehouse Holdings (SPWH), the current Selling, General, & Admin. Expense is $321 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?

Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued. The current stock price of $1.28 is trading 51.5% below its estimated GF Value™ of $2.64. GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.

Key valuation signals for SPWH:

  • Selling, General, & Admin. Expense: $321 Mil
  • GF Value™: $2.64 vs. price of $1.28 (51.5% below fair value)
  • GF Score™: 45/100 with 7 warning signs

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


Sportsman's Warehouse Holdings Business Description

Other Exchanges 0A8T:UK06S:Germany
Address 1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
45GF 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.

$1.28
Price
$2.64
GF Value