Marshalls (LSE:MSLH) Total Operating Expense: £346.4 Mil (TTM As of Dec. 2025)


LSE:MSLH Marshalls PLC LSE:MSLH
64 GF Score
Price £1.50
GF Value £2.51
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Marshalls Total Operating Expense?

Marshalls LSE:MSLH -0.33% 64 Total Operating Expense is £346.4 Mil as of Dec. 2025. GuruFocus rates LSE:MSLH with a GF Score™ of 64/100 and a GF Value™ of £2.51 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Marshalls's Total Operating Expense for the six months ended in Dec. 2025 was £168.7 Mil. Marshalls's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was £346.4 Mil.

Marshalls Total Operating Expense Related Terms

Marshalls Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Marshalls'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.

Marshalls Total Operating Expense Chart

Marshalls 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 284.80 385.00 369.80 345.40 346.40

Marshalls 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 174.00 172.90 172.50 177.70 168.70
LSE:MSLH
64GF Score
Marshalls PLC LSE:MSLH
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marshalls 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 £346.4 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 £346.4 Mil mean?
Marshalls (LSE:MSLH) has a Total Operating Expense of £346.4 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Marshalls and its competitors.
Is Marshalls' Total Operating Expense too high?
Marshalls' current Total Operating Expense is £346.4 Mil. Overall, Marshalls has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marshalls' Total Operating Expense compare to CRH and VMC?
Marshalls' Total Operating Expense of £346.4 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Total Operating Expense depends on the Building Materials 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 Marshalls and its competitors. Marshalls's current Total Operating Expense is £346.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshalls stock overvalued right now?
Based on GuruFocus' analysis, Marshalls (LSE:MSLH) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.51, compared to a current price of £1.50 — trading 40.4% below its estimated fair value. The current Total Operating Expense is £346.4 Mil. Marshalls' overall GF Score™ is 64/100 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 Marshalls (LSE:MSLH), the current Total Operating Expense is £346.4 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 Marshalls (LSE:MSLH) Overvalued in 2026?

Based on GuruFocus' analysis, Marshalls stock appears to be undervalued. The current stock price of £1.50 is trading 40.4% below its estimated GF Value™ of £2.51. GuruFocus considers Marshalls to be Significantly Undervalued.

Key valuation signals for LSE:MSLH:

  • Total Operating Expense: £346.4 Mil
  • GF Value™: £2.51 vs. price of £1.50 (40.4% below fair value)
  • GF Score™: 64/100 with 3 warning signs

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

Marshalls Business Description

Other Exchanges MSLHl:UK1QG:Germany
Address Landscape House, Premier Way, Lowfields Business Park, Elland, Halifax, West Yorkshire, GBR, HX5 9HT
Marshalls PLC manufactures landscape building and roofing products, which it sells to customers in both public sector/commercial and domestic end markets. The focus in the public sector and commercial business is on products for architects, local authorities, and contractors, for use in projects such as creating street furniture, paving, and water management. Domestic market customers range from do-it-yourselfers to professional landscapers, driveway installers, and garden designers. It supplies products like Concrete tiles, Clay tiles, Walling, and Concrete bricks, among others. The company has three reporting segments: Landscape Products, which generates key revenue; Building Products; and Roofing Products. It operates manufacturing sites and quarries throughout the United Kingdom.
64GF Score

Get the complete analysis for LSE:MSLH

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

£1.50
Price
£2.51
GF Value