Mainfreight (NZSE:MFT) Total Operating Expense: NZ$1,946 Mil (TTM As of Mar. 2026)


NZSE:MFT Mainfreight Ltd NZSE:MFT
94 GF Score
Price NZ$62.00
GF Value NZ$71.00
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mainfreight Total Operating Expense?

Mainfreight NZSE:MFT -1.88% 94 Total Operating Expense is NZ$1,946 Mil as of Mar. 2026. GuruFocus rates NZSE:MFT with a GF Score™ of 94/100 and a GF Value™ of NZ$71.00 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Mainfreight's Total Operating Expense for the six months ended in Mar. 2026 was NZ$-500 Mil. Mainfreight's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$1,946 Mil.

Mainfreight Total Operating Expense Related Terms

Mainfreight Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Mainfreight'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.

Mainfreight Total Operating Expense Chart

Mainfreight 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 1,351.05 1,619.38 1,667.11 1,774.71 1,945.64

Mainfreight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -500.46 2,365.59 -590.88 2,445.91 -500.27
NZSE:MFT
94GF Score
Mainfreight Ltd NZSE:MFT
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mainfreight 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 semi-annually data reported by the company within the most recent 12 months, which was NZ$1,946 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 NZ$1,946 Mil mean?
Mainfreight (NZSE:MFT) has a Total Operating Expense of NZ$1,946 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mainfreight and its competitors.
Is Mainfreight's Total Operating Expense too high?
Mainfreight's current Total Operating Expense is NZ$1,946 Mil. Overall, Mainfreight has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainfreight's Total Operating Expense compare to UPS and FDX?
Mainfreight's Total Operating Expense of NZ$1,946 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 Mainfreight and its competitors. Mainfreight's current Total Operating Expense is NZ$1,946 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainfreight stock overvalued right now?
Based on GuruFocus' analysis, Mainfreight (NZSE:MFT) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$71.00, compared to a current price of NZ$62.00 — trading 12.7% below its estimated fair value. The current Total Operating Expense is NZ$1,946 Mil. Mainfreight's overall GF Score™ is 94/100 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 Mainfreight (NZSE:MFT), the current Total Operating Expense is NZ$1,946 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 Mainfreight (NZSE:MFT) Overvalued in 2026?

Based on GuruFocus' analysis, Mainfreight stock appears to be undervalued. The current stock price of NZ$62.00 is trading 12.7% below its estimated GF Value™ of NZ$71.00. GuruFocus considers Mainfreight to be Modestly Undervalued.

Key valuation signals for NZSE:MFT:

  • Total Operating Expense: NZ$1,946 Mil
  • GF Value™: NZ$71.00 vs. price of NZ$62.00 (12.7% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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

Mainfreight Business Description

Other Exchanges MFGHF:USA
Address 2 Railway Lane, Otahuhu, Auckland, NTL, NZL, 1062
Mainfreight Ltd is in the supply chain logistics business. It provides the full spectrum of warehousing, Transport, and international air and ocean freight services. Geographically, it operates businesses in New Zealand, Australia, Europe, The Americas, Asia, and others.
94GF Score

Get the complete analysis for NZSE:MFT

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

NZ$62.00
Price
NZ$71.00
GF Value