HTOCF (H2O Retailing) Total Operating Expense: $1,820 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.

HTOCF H2O Retailing Corp HTOCF
69 GF Score
Price $10.00
GF Value $7.44
! 5 Warning Signs
View Full Analysis

What is H2O Retailing Total Operating Expense?

H2O Retailing HTOCF 69 Total Operating Expense is $1,820 Mil as of Mar. 2026. GuruFocus rates HTOCF with a GF Score™ of 69/100 and a GF Value™ of $7.44. The stock has 5 warning signs investors should review.

H2O Retailing's Total Operating Expense for the three months ended in Mar. 2026 was $431 Mil. H2O Retailing's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,820 Mil.

H2O Retailing Total Operating Expense Related Terms

H2O Retailing Total Operating Expense Historical Data

* Premium members only.

The historical data trend for H2O Retailing'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.

H2O Retailing Total Operating Expense Chart

H2O Retailing 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 1,837.95 1,900.72 1,744.90 1,830.41 1,737.96

H2O Retailing 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 467.96 468.68 466.64 453.34 430.96
HTOCF
69GF Score
H2O Retailing Corp HTOCF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H2O Retailing 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 $1,820 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 $1,820 Mil mean?
H2O Retailing (HTOCF) has a Total Operating Expense of $1,820 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on H2O Retailing and its competitors.
Is H2O Retailing's Total Operating Expense too high?
H2O Retailing's current Total Operating Expense is $1,820 Mil. Overall, H2O Retailing has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does H2O Retailing's Total Operating Expense compare to KR?
H2O Retailing's Total Operating Expense of $1,820 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Total Operating Expense depends on the Retail - Defensive 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 H2O Retailing and its competitors. H2O Retailing's current Total Operating Expense is $1,820 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H2O Retailing stock overvalued right now?
H2O Retailing (HTOCF) has a current Total Operating Expense of $1,820 Mil. The stock's GF Value™ is $7.44, compared to a current price of $10.00 — trading 34.4% above its estimated fair value. The current Total Operating Expense is $1,820 Mil. H2O Retailing's overall GF Score™ is 69/100 with 5 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 H2O Retailing (HTOCF), the current Total Operating Expense is $1,820 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 H2O Retailing (HTOCF) Overvalued in 2026?

Based on GuruFocus' analysis, H2O Retailing stock appears to be overvalued. The current stock price of $10.00 is trading 34.4% above its estimated GF Value™ of $7.44.

Key valuation signals for HTOCF:

  • Total Operating Expense: $1,820 Mil
  • GF Value™: $7.44 vs. price of $10.00 (34.4% above fair value)
  • GF Score™: 69/100 with 5 warning signs

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

H2O Retailing Business Description

Other Exchanges 8242:Japan
Address 8-7 Kakuda-cho, Kita-ku, Osaka, JPN, 530-8350
H2O Retailing Corp is a Japan-based retailer that provides a broad range of merchandise to meet consumers' needs, from daily needs to special products. The company's core business is the department store business, which includes both the Hankyu and Hanshin department store chains. Superstore business is the company's another major business arm, including the Izumiya and Hankyu Oasis store chains. H2O Retailing also runs a specialty store business, engaged in providing cosmetics, ladies' footwear, and other products and services. In addition to retail businesses, the company operates other businesses as well, such as hotels and restaurants.
69GF Score

Get the complete analysis for HTOCF

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

$10.00
Price
$7.44
GF Value