SAPMF (Saipem SpA) Total Operating Expense: $3,129 Mil (TTM As of Mar. 2026)


SAPMF Saipem SpA SAPMF
57 GF Score
Price $5.04
GF Value $2.98
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Saipem SpA Total Operating Expense?

Saipem SpA SAPMF 57 Total Operating Expense is $3,129 Mil as of Mar. 2026. GuruFocus rates SAPMF with a GF Score™ of 57/100 and a GF Value™ of $2.98 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Saipem SpA's Total Operating Expense for the three months ended in Mar. 2026 was $654 Mil. Saipem SpA's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $3,129 Mil.

Saipem SpA Total Operating Expense Related Terms

Saipem SpA Total Operating Expense Historical Data

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The historical data trend for Saipem SpA'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.

Saipem SpA Total Operating Expense Chart

Saipem SpA 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 1,752.54 1,746.82 1,898.58 2,153.93 2,633.49

Saipem SpA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 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 131.89 1,125.72 631.46 717.80 654.34
SAPMF
57GF Score
Saipem SpA SAPMF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Saipem SpA 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 $3,129 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 $3,129 Mil mean?
Saipem SpA (SAPMF) has a Total Operating Expense of $3,129 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Saipem SpA and its competitors.
Is Saipem SpA's Total Operating Expense too high?
Saipem SpA's current Total Operating Expense is $3,129 Mil. Overall, Saipem SpA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Total Operating Expense compare to SLB and BKR?
Saipem SpA's Total Operating Expense of $3,129 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas 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 Saipem SpA and its competitors. Saipem SpA's current Total Operating Expense is $3,129 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (SAPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.98, compared to a current price of $5.04 — trading 69.1% above its estimated fair value. The current Total Operating Expense is $3,129 Mil. Saipem SpA's overall GF Score™ is 57/100 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 Saipem SpA (SAPMF), the current Total Operating Expense is $3,129 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 Saipem SpA (SAPMF) Overvalued in 2026?

Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued. The current stock price of $5.04 is trading 69.1% above its estimated GF Value™ of $2.98. GuruFocus considers Saipem SpA to be Significantly Overvalued.

Key valuation signals for SAPMF:

  • Total Operating Expense: $3,129 Mil
  • GF Value™: $2.98 vs. price of $5.04 (69.1% above fair value)
  • GF Score™: 57/100 with 3 warning signs

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

Saipem SpA Business Description

Industry EnergyOil & Gas
Address Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
57GF Score

Get the complete analysis for SAPMF

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

$5.04
Price
$2.98
GF Value