Aegean Airlines (HAM:32A) Total Operating Expense: €-227 Mil (TTM As of Dec. 2025)


HAM:32A Aegean Airlines SA HAM:32A
64 GF Score
Price €12.50
GF Value €14.52
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Aegean Airlines Total Operating Expense?

Aegean Airlines HAM:32A -2.57% 64 Total Operating Expense is €-227 Mil as of Dec. 2025. GuruFocus rates HAM:32A with a GF Score™ of 64/100 and a GF Value™ of €14.52 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Aegean Airlines's Total Operating Expense for the six months ended in Dec. 2025 was €-131 Mil. Aegean Airlines's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was €-227 Mil.

Aegean Airlines Total Operating Expense Related Terms

Aegean Airlines Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Aegean Airlines'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.

Aegean Airlines Total Operating Expense Chart

Aegean Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -183.67 -172.33 -187.14 -203.19 -227.25

Aegean Airlines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -105.91 -87.02 -116.17 -96.11 -131.14
HAM:32A
64GF Score
Aegean Airlines SA HAM:32A
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aegean Airlines 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-227 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 €-227 Mil mean?
Aegean Airlines (HAM:32A) has a Total Operating Expense of €-227 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Aegean Airlines and its competitors.
Is Aegean Airlines' Total Operating Expense too high?
Aegean Airlines' current Total Operating Expense is €-227 Mil. Overall, Aegean Airlines has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aegean Airlines' Total Operating Expense compare to DAL and UAL?
Aegean Airlines' Total Operating Expense of €-227 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Total Operating Expense depends on the Transportation 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 Aegean Airlines and its competitors. Aegean Airlines's current Total Operating Expense is €-227 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aegean Airlines stock overvalued right now?
Based on GuruFocus' analysis, Aegean Airlines (HAM:32A) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.52, compared to a current price of €12.50 — trading 13.9% below its estimated fair value. The current Total Operating Expense is €-227 Mil. Aegean Airlines' overall GF Score™ is 64/100 with 6 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 Aegean Airlines (HAM:32A), the current Total Operating Expense is €-227 Mil as of Dec. 2025. 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 Aegean Airlines (HAM:32A) Overvalued in 2026?

Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued. The current stock price of €12.50 is trading 13.9% below its estimated GF Value™ of €14.52. GuruFocus considers Aegean Airlines to be Modestly Undervalued.

Key valuation signals for HAM:32A:

  • Total Operating Expense: €-227 Mil
  • GF Value™: €14.52 vs. price of €12.50 (13.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the HAM:32A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aegean Airlines Business Description

Other Exchanges AGZNF:USAAEGN:Greece0OHY:UK
Address Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.
64GF Score

Get the complete analysis for HAM:32A

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

€12.50
Price
€14.52
GF Value