SKF AB (STU:SKFB) Total Operating Expense : €1,359 Mil (TTM As of Sep. 2024)

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What is SKF AB Total Operating Expense?

SKF AB's Total Operating Expense for the three months ended in Sep. 2024 was €354 Mil. SKF AB's Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was €1,359 Mil.

SKF AB Total Operating Expense Historical Data

The historical data trend for SKF AB'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.

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SKF AB Total Operating Expense Chart

SKF AB Annual Data

Trend

Dec14

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Dec23

Total Operating Expense

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1,093.47

1,232.05

1,261.55

1,372.52

1,348.82

SKF AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Operating Expense	Get a 7-Day Free Trial															341.76	254.51	362.48	388.10	354.18

SKF AB 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,359 Mil.

SKF AB Total Operating Expense Related Terms

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SKF AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKF AB (STU:SKFB) » Definitions » Total Operating Expense

Comparable Companies

Traded in Other Exchanges

SKUFF:USA SKFRY:USA SKF B:Sweden SKF A:Sweden SKFBs:UK 0NWX:UK 0NWW:UK SKFB:Germany SKFA:Germany

Address

Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50

Website

https://www.skf.com

SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.

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