Kenya Airways (NAI:KQ) Total Operating Expense: KES176,462 Mil (TTM As of Dec. 2025)

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NAI:KQ Kenya Airways Plc NAI:KQ
64 GF Score
Price KES5.54
GF Value KES3.73
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kenya Airways Total Operating Expense?

Kenya Airways NAI:KQ +0.73% 64 Total Operating Expense is KES176,462 Mil as of Dec. 2025. GuruFocus rates NAI:KQ with a GF Score™ of 64/100 and a GF Value™ of KES3.73 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Kenya Airways's Total Operating Expense for the six months ended in Dec. 2025 was KES0 Mil. Kenya Airways's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was KES176,462 Mil.

Kenya Airways Total Operating Expense Related Terms

Kenya Airways Total Operating Expense Historical Data

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The historical data trend for Kenya Airways'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.

Kenya Airways Total Operating Expense Chart

Kenya Airways Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,428.00 6,680.00 5,185.00 5,668.00 8,451.00

Kenya Airways Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 74,099.00 87,192.00 90,195.00 86,267.00 0.00
NAI:KQ
64GF Score
Kenya Airways Plc NAI:KQ
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenya Airways 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 KES176,462 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 KES176,462 Mil mean?
Kenya Airways (NAI:KQ) has a Total Operating Expense of KES176,462 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Kenya Airways and its competitors.
Is Kenya Airways' Total Operating Expense too high?
Kenya Airways' current Total Operating Expense is KES176,462 Mil. Overall, Kenya Airways has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kenya Airways' Total Operating Expense compare to DAL and UAL?
Kenya Airways' Total Operating Expense of KES176,462 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 Kenya Airways and its competitors. Kenya Airways's current Total Operating Expense is KES176,462 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenya Airways stock overvalued right now?
Based on GuruFocus' analysis, Kenya Airways (NAI:KQ) is currently considered Significantly Overvalued. The stock's GF Value™ is KES3.73, compared to a current price of KES5.54 — trading 48.5% above its estimated fair value. The current Total Operating Expense is KES176,462 Mil. Kenya Airways' overall GF Score™ is 64/100 with 7 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 Kenya Airways (NAI:KQ), the current Total Operating Expense is KES176,462 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 Kenya Airways (NAI:KQ) Overvalued in 2026?

Based on GuruFocus' analysis, Kenya Airways stock appears to be overvalued. The current stock price of KES5.54 is trading 48.5% above its estimated GF Value™ of KES3.73. GuruFocus considers Kenya Airways to be Significantly Overvalued.

Key valuation signals for NAI:KQ:

  • Total Operating Expense: KES176,462 Mil
  • GF Value™: KES3.73 vs. price of KES5.54 (48.5% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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

Kenya Airways Business Description

Address Airport North Road, P.O Box 19002, Embakasi, Nairobi, KEN, 00501
Kenya Airways Plc is engaged in the international, regional, and domestic carriage of passengers and cargo by air, the provision of ground handling services to other airlines, and the handling of import and export cargo. The company's segments include passengers, freight, mail, handling, and others. It operates domestic flights and flies to Africa, the Middle East, Asia, America, and Europe. The company is engaged in four business segments: Passenger, Freight and Mail, Handling, and Other revenue. Key revenue is generated from the Passenger segment.
64GF Score

Get the complete analysis for NAI:KQ

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

KES5.54
Price
KES3.73
GF Value