Granit AD (XMAE:GRNT) Total Operating Expense: MKD1,321 Mil (TTM As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAE:GRNT Granit AD XMAE:GRNT
59 GF Score
Price MKD1,500.00
View Full Analysis

What is Granit AD Total Operating Expense?

Granit AD XMAE:GRNT 59 Total Operating Expense is MKD1,321 Mil as of Mar. 2025. GuruFocus rates XMAE:GRNT with a GF Score™ of 59/100.

Granit AD's Total Operating Expense for the three months ended in Mar. 2025 was MKD493 Mil. Granit AD's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2025 was MKD1,321 Mil.


Granit AD Total Operating Expense Related Terms


Granit AD Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Granit AD'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.

Granit AD Total Operating Expense Chart

Granit AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,301.33 1,355.45 1,136.39 1,471.42 1,383.59

Granit AD Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 555.79 854.92 475.88 -503.00 493.01
XMAE:GRNT
59GF Score
Granit AD XMAE:GRNT
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granit AD 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD1,321 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 MKD1,321 Mil mean?
Granit AD (XMAE:GRNT) has a Total Operating Expense of MKD1,321 Mil as of Mar. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Granit AD and its competitors.
Is Granit AD's Total Operating Expense too high?
Granit AD's current Total Operating Expense is MKD1,321 Mil. Overall, Granit AD has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Granit AD's Total Operating Expense compare to PWR and FIX?
Granit AD's Total Operating Expense of MKD1,321 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Operating Expense depends on the Construction 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 Granit AD and its competitors. Granit AD's current Total Operating Expense is MKD1,321 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granit AD stock overvalued right now?
Granit AD (XMAE:GRNT) has a current Total Operating Expense of MKD1,321 Mil. The current Total Operating Expense is MKD1,321 Mil. Granit AD's overall GF Score™ is 59/100. 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 Granit AD (XMAE:GRNT), the current Total Operating Expense is MKD1,321 Mil as of Mar. 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.

Granit AD Business Description

Address Dimitrie Cupovski 8, Skopje, MKD, 1000
Granit AD is engaged in the construction of buildings and infrastructure outside Macedonian borders. The company has been active in Libya, Kuwait, Iraq, Russia, Ukraine, Germany, Albania, Bulgaria, Croatia, Bosnia and Herzegovina, Serbia, among others.
59GF Score

Get the complete analysis for XMAE:GRNT

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

MKD1,500.00
Price