TotalEnergies SE (WBO:FP) Total Operating Expense: €28,439 Mil (TTM As of Mar. 2026)


WBO:FP TotalEnergies SE WBO:FP
60 GF Score
Price €67.76
GF Value €58.07
Valuation Modestly Overvalued
! 2 Warning Signs
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What is TotalEnergies SE Total Operating Expense?

TotalEnergies SE WBO:FP -1.74% 60 Total Operating Expense is €28,439 Mil as of Mar. 2026. GuruFocus rates WBO:FP with a GF Score™ of 60/100 and a GF Value™ of €58.07 (Modestly Overvalued). The stock has 2 warning signs investors should review.

TotalEnergies SE's Total Operating Expense for the three months ended in Mar. 2026 was €7,619 Mil. TotalEnergies SE's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €28,439 Mil.

TotalEnergies SE Total Operating Expense Related Terms

TotalEnergies SE Total Operating Expense Historical Data

* Premium members only.

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Total Operating Expense Chart

TotalEnergies SE 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 24,853.46 29,752.99 28,900.17 30,012.79 27,261.39

TotalEnergies SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7,071.63 6,876.18 6,522.06 7,422.11 7,618.92
WBO:FP
60GF Score
TotalEnergies SE WBO:FP
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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TotalEnergies SE 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 €28,439 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 €28,439 Mil mean?
TotalEnergies SE (WBO:FP) has a Total Operating Expense of €28,439 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on TotalEnergies SE and its competitors.
Is TotalEnergies SE's Total Operating Expense too high?
TotalEnergies SE's current Total Operating Expense is €28,439 Mil. Overall, TotalEnergies SE has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies SE's Total Operating Expense compare to XOM and CVX?
TotalEnergies SE's Total Operating Expense of €28,439 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 TotalEnergies SE and its competitors. TotalEnergies SE's current Total Operating Expense is €28,439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies SE stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies SE (WBO:FP) is currently considered Modestly Overvalued. The stock's GF Value™ is €58.07, compared to a current price of €67.76 — trading 16.7% above its estimated fair value. The current Total Operating Expense is €28,439 Mil. TotalEnergies SE's overall GF Score™ is 60/100 with 2 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 TotalEnergies SE (WBO:FP), the current Total Operating Expense is €28,439 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 TotalEnergies SE (WBO:FP) Overvalued in 2026?

Based on GuruFocus' analysis, TotalEnergies SE stock appears to be overvalued. The current stock price of €67.76 is trading 16.7% above its estimated GF Value™ of €58.07. GuruFocus considers TotalEnergies SE to be Modestly Overvalued.

Key valuation signals for WBO:FP:

  • Total Operating Expense: €28,439 Mil
  • GF Value™: €58.07 vs. price of €67.76 (16.7% above fair value)
  • GF Score™: 60/100 with 2 warning signs

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

TotalEnergies SE Business Description

Industry EnergyOil & Gas
Address 2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 5.4 billion cubic feet of natural gas per day. At the end of 2025, reserves stood at 11.2 billion barrels of oil equivalent, 55% of which are liquids. During 2025, it had LNG sales of 43.9 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 34 gigawatts.
60GF Score

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

€67.76
Price
€58.07
GF Value