Mitchells & Butlers (CHIX:MABL) Total Operating Expense: £2,417 Mil (TTM As of Mar. 2026)


CHIX:MABL Mitchells & Butlers PLC CHIX:MABL
81 GF Score
Price £2.56
GF Value £2.67
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Mitchells & Butlers Total Operating Expense?

Mitchells & Butlers CHIX:MABL +0.99% 81 Total Operating Expense is £2,417 Mil as of Mar. 2026. GuruFocus rates CHIX:MABL with a GF Score™ of 81/100 and a GF Value™ of £2.67 (Fairly Valued). The stock has 4 warning signs investors should review.

Mitchells & Butlers's Total Operating Expense for the six months ended in Mar. 2026 was £1,309 Mil. Mitchells & Butlers's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was £2,417 Mil.

Mitchells & Butlers Total Operating Expense Related Terms

Mitchells & Butlers Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Mitchells & Butlers's Total Operating 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.

Mitchells & Butlers Total Operating Expense Chart

Mitchells & Butlers Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 390.00 655.00 729.00 684.00 676.00

Mitchells & Butlers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Operating 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 1,232.00 1,066.00 1,273.00 1,108.00 1,309.00
CHIX:MABL
81GF Score
Mitchells & Butlers PLC CHIX:MABL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitchells & Butlers Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating 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 £2,417 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 Total Operating Expense of £2,417 Mil mean?
Mitchells & Butlers (CHIX:MABL) has a Total Operating Expense of £2,417 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mitchells & Butlers and its competitors.
Is Mitchells & Butlers' Total Operating Expense too high?
Mitchells & Butlers' current Total Operating Expense is £2,417 Mil. Overall, Mitchells & Butlers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitchells & Butlers' Total Operating Expense compare to MCD and SBUX?
Mitchells & Butlers' Total Operating Expense of £2,417 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Restaurants company?
A good Total Operating Expense depends on the Restaurants industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mitchells & Butlers and its competitors. Mitchells & Butlers's current Total Operating Expense is £2,417 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchells & Butlers stock overvalued right now?
Based on GuruFocus' analysis, Mitchells & Butlers (CHIX:MABL) is currently considered Fairly Valued. The stock's GF Value™ is £2.67, compared to a current price of £2.56 — trading 4.3% below its estimated fair value. The current Total Operating Expense is £2,417 Mil. Mitchells & Butlers' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Mitchells & Butlers (CHIX:MABL), the current Total Operating Expense is £2,417 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 Mitchells & Butlers (CHIX:MABL) Overvalued in 2026?

Based on GuruFocus' analysis, Mitchells & Butlers stock appears to be undervalued. The current stock price of £2.56 is trading 4.3% below its estimated GF Value™ of £2.67. GuruFocus considers Mitchells & Butlers to be Fairly Valued.

Key valuation signals for CHIX:MABL:

  • Total Operating Expense: £2,417 Mil
  • GF Value™: £2.67 vs. price of £2.56 (4.3% below fair value)
  • GF Score™: 81/100 with 4 warning signs

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

Mitchells & Butlers Business Description

Other Exchanges MAB:UKMABB:Germany
Address 27 Fleet Street, Birmingham, GBR, B3 1JP
Mitchells & Butlers PLC operates and manages pubs and pub restaurants in the United Kingdom and Germany. The group's properties operate under the brands Vintage Inns, Stonehouse, Toby Carvery, Harvester, Sizzling Pub Co., All Bar One, Ember Inns, and others. Its geographic segments include the UK and Germany of which it generates the majority of its revenue from the UK.
81GF Score

Get the complete analysis for CHIX:MABL

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.56
Price
£2.67
GF Value