Komatsu (HAM:KOM1) Total Operating Expense: €3,898 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

HAM:KOM1 Komatsu Ltd HAM:KOM1
65 GF Score
Price €34.06
GF Value €26.93
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Komatsu Total Operating Expense?

Komatsu HAM:KOM1 -1.65% 65 Total Operating Expense is €3,898 Mil as of Mar. 2026. GuruFocus rates HAM:KOM1 with a GF Score™ of 65/100 and a GF Value™ of €26.93 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Komatsu's Total Operating Expense for the three months ended in Mar. 2026 was €1,041 Mil. Komatsu's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3,898 Mil.


Komatsu Total Operating Expense Related Terms


Komatsu Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Komatsu'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.

Komatsu Total Operating Expense Chart

Komatsu Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,531.53 3,793.04 3,665.46 4,115.76 3,754.08

Komatsu Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1,064.61 942.82 976.92 936.92 1,040.97
HAM:KOM1
65GF Score
Komatsu Ltd HAM:KOM1
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Komatsu 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 quarterly data reported by the company within the most recent 12 months, which was €3,898 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 €3,898 Mil mean?
Komatsu (HAM:KOM1) has a Total Operating Expense of €3,898 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Komatsu and its competitors.
Is Komatsu's Total Operating Expense too high?
Komatsu's current Total Operating Expense is €3,898 Mil. Overall, Komatsu has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Komatsu's Total Operating Expense compare to CAT and DE?
Komatsu's Total Operating Expense of €3,898 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Total Operating Expense depends on the Farm & Heavy Construction Machinery 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 Komatsu and its competitors. Komatsu's current Total Operating Expense is €3,898 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komatsu stock overvalued right now?
Based on GuruFocus' analysis, Komatsu (HAM:KOM1) is currently considered Modestly Overvalued. The stock's GF Value™ is €26.93, compared to a current price of €34.06 — trading 26.5% above its estimated fair value. The current Total Operating Expense is €3,898 Mil. Komatsu's overall GF Score™ is 65/100 with 3 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 Komatsu (HAM:KOM1), the current Total Operating Expense is €3,898 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 Komatsu (HAM:KOM1) Overvalued in 2026?

Based on GuruFocus' analysis, Komatsu stock appears to be overvalued. The current stock price of €34.06 is trading 26.5% above its estimated GF Value™ of €26.93. GuruFocus considers Komatsu to be Modestly Overvalued.

Key valuation signals for HAM:KOM1:

  • Total Operating Expense: €3,898 Mil
  • GF Value™: €26.93 vs. price of €34.06 (26.5% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the HAM:KOM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Komatsu Business Description

Address 1-2-20 Kaigan, Shiodome Building, Minato-ku, Tokyo, JPN, 105-8316
Komatsu, headquartered in Tokyo, is the world's second-largest manufacturer of construction, mining, and utility equipment, with a legacy dating back to 1921. Operating in over 150 countries, Komatsu delivers a full suite of heavy machinery, intelligent solutions, and lifecycle services across infrastructure, energy, natural resources, and industrial sectors.
65GF Score

Get the complete analysis for HAM:KOM1

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

€34.06
Price
€26.93
GF Value