Man Group (LSE:EMG) Total Operating Expense: £455 Mil (TTM As of Dec. 2025)


LSE:EMG Man Group PLC LSE:EMG
87 GF Score
Price £2.96
GF Value £2.33
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Man Group Total Operating Expense?

Man Group LSE:EMG -2.50% 87 Total Operating Expense is £455 Mil as of Dec. 2025. GuruFocus rates LSE:EMG with a GF Score™ of 87/100 and a GF Value™ of £2.33 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Man Group's Total Operating Expense for the six months ended in Dec. 2025 was £268 Mil. Man Group's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was £455 Mil.

Man Group Total Operating Expense Related Terms

Man Group Total Operating Expense Historical Data

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The historical data trend for Man Group'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.

Man Group Total Operating Expense Chart

Man Group 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 364.72 412.14 409.22 451.66 457.16

Man Group 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 243.32 200.43 249.96 186.46 268.17
LSE:EMG
87GF Score
Man Group PLC LSE:EMG
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Group 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 £455 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 £455 Mil mean?
Man Group (LSE:EMG) has a Total Operating Expense of £455 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Man Group and its competitors.
Is Man Group's Total Operating Expense too high?
Man Group's current Total Operating Expense is £455 Mil. Overall, Man Group has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Group's Total Operating Expense compare to BLK and BX?
Man Group's Total Operating Expense of £455 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Total Operating Expense depends on the Asset Management 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 Man Group and its competitors. Man Group's current Total Operating Expense is £455 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Group stock overvalued right now?
Based on GuruFocus' analysis, Man Group (LSE:EMG) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.33, compared to a current price of £2.96 — trading 27.2% above its estimated fair value. The current Total Operating Expense is £455 Mil. Man Group's overall GF Score™ is 87/100 with 10 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 Man Group (LSE:EMG), the current Total Operating Expense is £455 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 Man Group (LSE:EMG) Overvalued in 2026?

Based on GuruFocus' analysis, Man Group stock appears to be overvalued. The current stock price of £2.96 is trading 27.2% above its estimated GF Value™ of £2.33. GuruFocus considers Man Group to be Modestly Overvalued.

Key valuation signals for LSE:EMG:

  • Total Operating Expense: £455 Mil
  • GF Value™: £2.33 vs. price of £2.96 (27.2% above fair value)
  • GF Score™: 87/100 with 10 warning signs

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

Man Group Business Description

Other Exchanges MNGPF:USAEMGl:UKM3N:Germany
Address 2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD
Man Group PLC is an investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns the majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and a performance fee, which is charged as a percentage of investment performance above a benchmark return.
87GF Score

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

£2.96
Price
£2.33
GF Value