Amentum Holdings (AMTM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AMTM SEC filings page.
Amentum Holdings, Inc. (AMTM) reported $14.1B in revenue over the twelve months to Jul 3, 2026, up 11.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Amentum’s expansion produced cash and reduced debt, but operating margins stayed thin as overhead grew alongside revenue.
The sharp improvement in reported earnings was accompanied by an even larger cash-flow gain: operating cash flow reached$543M against net income of$66M , with the supplied conversion measure at822.7% . That gap indicates cash generation was not driven mainly by accounting earnings, while free cash flow of$516M remained close to operating cash flow after only$27M of capital spending.
Revenue grew
Long-term debt declined
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Amentum Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Amentum Holdings, Inc. has an operating margin of 3.3%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is down from 3.5% the prior year.
Amentum Holdings, Inc.'s revenue surged 71.6% year-over-year to $14.4B, reflecting rapid business expansion. This strong growth earns a score of 91/100.
Amentum Holdings, Inc. has elevated debt relative to equity (D/E of 0.87), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 17/100, reflecting increased financial risk.
Amentum Holdings, Inc.'s current ratio of 1.32 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.
Amentum Holdings, Inc. has a free cash flow margin of 3.6%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.
Amentum Holdings, Inc.'s ROE of 1.5% shows moderate profitability relative to equity, earning a score of 46/100. This is up from -1.8% the prior year.
Amentum Holdings, Inc. scores 1.90, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from revenue of $14.4B against total assets of $11.5B. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Amentum Holdings, Inc. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Amentum Holdings, Inc. generates $8.23 in operating cash flow ($543.0M OCF vs $66.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Amentum Holdings, Inc. earns $1.36 in operating income for every $1 of interest expense ($480.0M vs $353.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Amentum Holdings, Inc. generated $3.5B in revenue in Q3 2026. This represents a decrease of 2.0% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.
Amentum Holdings, Inc.'s EBITDA was $273.0M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 17.7% from the same quarter a year earlier. Against the prior quarter it is up 8.8%.
Amentum Holdings, Inc. reported $66.0M in net income in Q3 2026. This represents an increase of 560.0% from the same quarter a year earlier. Against the prior quarter it is up 22.2%.
Amentum Holdings, Inc. earned $0.27 per diluted share (EPS) in Q3 2026. This represents an increase of 575.0% from the same quarter a year earlier. Against the prior quarter it is up 22.7%.
Cash & Balance Sheet
Amentum Holdings, Inc. generated $135.0M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 35.0% from the same quarter a year earlier. Against the prior quarter it is down 38.6%.
Amentum Holdings, Inc. held $459.0M in cash against $3.8B in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Amentum Holdings, Inc.'s gross margin was 10.3% in Q3 2026, indicating the percentage of revenue retained after direct costs. That is unchanged from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
Amentum Holdings, Inc.'s operating margin was 4.9% in Q3 2026, reflecting core business profitability. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Amentum Holdings, Inc.'s net profit margin was 1.9% in Q3 2026, showing the share of revenue converted to profit. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.
Amentum Holdings, Inc.'s quarterly ROE was 1.4% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.
Capital Allocation
Amentum Holdings, Inc. invested $11.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 83.3% from the same quarter a year earlier. Against the prior quarter it is up 120.0%.
Not reported for Q3 2026.
Not reported for Q3 2026.
AMTM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B-2.0% | $3.5B-0.4% | $3.2B-5.2% | $3.9B+77.4% | $3.6B+66.2% | $3.5B+70.2% | $3.4B+72.3% | $2.2B |
| Cost of Revenue | $3.1B-2.0% | $3.1B+0.3% | $2.9B-4.7% | $3.5B+74.2% | $3.2B+64.9% | $3.1B+68.8% | $3.1B+70.8% | $2.0B |
| Gross Profit | $360.0M-2.2% | $345.0M-6.0% | $326.0M-9.7% | $417.0M+110.6% | $368.0M+78.6% | $367.0M+83.5% | $361.0M+86.1% | $198.0M |
| SG&A Expenses | $122.0M-26.1% | $124.0M-14.5% | $115.0M-11.5% | $176.0M+28.5% | $165.0M+114.3% | $145.0M+101.4% | $130.0M+94.0% | $137.0M |
| Operating Income | $172.0M+67.0% | $151.0M+37.3% | $138.0M+4.5% | $135.0M+400.0% | $103.0M+15.7% | $110.0M+23.6% | $132.0M+53.5% | $27.0M |
| EBITDA | $273.0M+17.7% | $251.0M+5.0% | $244.0M-6.5% | $267.0M+196.7% | $232.0M+53.6% | $239.0M+57.2% | $261.0M+75.2% | $90.0M |
| Interest Expense | $62.0M-29.5% | $73.0M-15.1% | $74.0M-14.9% | $92.0M-14.8% | $88.0M-18.5% | $86.0M-22.5% | $87.0M-21.6% | $108.0M |
| Income Tax | $28.0M+115.4% | $24.0M+9.1% | $20.0M-16.7% | -$3.0Mn/m | $13.0M+550.0% | $22.0M+10.0% | $24.0M+71.4% | -$76.0M |
| Net Income | $66.0M+560.0% | $54.0M+1250.0% | $44.0M+266.7% | $40.0M+53.8% | $10.0Mn/m | $4.0Mn/m | $12.0Mn/m | $26.0M |
| EPS (Basic) | $0.27+575.0% | $0.22+1000.0% | $0.18+260.0% | $0.16 | $0.04 | $0.02 | $0.05 | $0.30 |
| EPS (Diluted) | $0.27+575.0% | $0.22+1000.0% | $0.18+260.0% | $0.16 | $0.04 | $0.02 | $0.05 | $0.30 |
| Diluted Shares (Avg) | 245M+0.8% | 245M+0.8% | 244M+0.4% | N/A | 243M | 243M | 243M | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
AMTM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.2B-5.2% | $11.2B-6.9% | $11.2B-6.0% | $11.5B-4.3% | $11.8B | $12.0B | $11.9B | $12.0B+86.7% |
| Current Assets | $3.2B-6.9% | $3.1B-5.2% | $3.0B-5.7% | $3.1B+0.9% | $3.4B | $3.3B | $3.1B | $3.1B+59.7% |
| Cash & Equivalents | $459.0M-37.8% | $428.0M-21.6% | $247.0M-52.7% | $437.0M-3.3% | $738.0M+172.3% | $546.0M+177.2% | $522.0M+147.4% | $452.0M+48.2% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $5.7B+1.5% | $5.7B+0.7% | $5.7B+2.1% | $5.7B+2.6% | $5.6B | $5.7B | $5.6B | $5.6B+92.2% |
| Total Liabilities | $6.4B-11.2% | $6.5B-12.9% | $6.5B-11.1% | $6.8B-7.8% | $7.2B | $7.4B | $7.4B | $7.4B+23.8% |
| Current Liabilities | $2.1B-3.6% | $2.1B-0.3% | $2.1B+5.9% | $2.4B+19.8% | $2.2B | $2.1B | $2.0B | $2.0B+42.8% |
| Non-Current Liabilities | $4.3B-14.5% | $4.4B-17.9% | $4.4B-17.4% | $4.5B-17.8% | $5.0B | $5.3B | $5.4B | $5.5B+18.1% |
| Long-Term Debt | $3.8B-15.1% | $3.9B-16.2% | $3.9B-16.0% | $3.9B-16.0% | $4.4B | $4.6B | $4.6B | $4.6B+14.2% |
| Total Equity | $4.7B+5.3% | $4.6B+4.1% | $4.6B+1.8% | $4.5B+1.0% | $4.5B | $4.4B | $4.5B | $4.5B+1089.3% |
| Retained Earnings | -$297.0Mn/m | -$363.0Mn/m | -$417.0Mn/m | -$461.0Mn/m | -$501.0M | -$511.0M | -$515.0M | -$527.0Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
AMTM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $146.0M+37.7% | $225.0M+294.7% | -$136.0M-223.6% | $270.0Mn/m | $106.0M-55.5% | $57.0M+1040.0% | $110.0Mn/m | -$113.0M |
| Depreciation & Amortization | $101.0M-21.7% | $100.0M-22.5% | $106.0M-17.8% | $132.0M+109.5% | $129.0M+108.1% | $129.0M+104.8% | $129.0M+104.8% | $63.0M |
| Stock-Based Compensation | $8.0M+14.3% | $8.0M+60.0% | $7.0M+133.3% | N/A | $7.0M+600.0% | $5.0M+400.0% | $3.0M+200.0% | N/A |
| Capital Expenditures | $11.0M+83.3% | $5.0M+25.0% | $6.0M-25.0% | $9.0M+125.0% | $6.0M+200.0% | $4.0M+33.3% | $8.0M+300.0% | $4.0M |
| Free Cash Flow | $135.0M+35.0% | $220.0M+315.1% | -$142.0M-239.2% | $261.0Mn/m | $100.0M-57.6% | $53.0M+2550.0% | $102.0Mn/m | -$117.0M |
| Investing Cash Flow | $3.0M-98.9% | -$18.0Mn/m | -$33.0Mn/m | -$8.0M-101.7% | $275.0Mn/m | -$31.0Mn/m | -$8.0Mn/m | $483.0M |
| Financing Cash Flow | -$121.0Mn/m | -$24.0Mn/m | -$20.0Mn/m | -$559.0Mn/m | -$203.0Mn/m | -$12.0Mn/m | -$16.0Mn/m | -$193.0M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
AMTM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.3%0.0pp | 9.9%-0.6pp | 10.1%-0.5pp | 10.6%+1.7pp | 10.3%+0.7pp | 10.5%+0.8pp | 10.6%+0.8pp | 8.9% |
| Operating Margin | 4.9%+2.0pp | 4.3%+1.2pp | 4.3%+0.4pp | 3.4%+2.2pp | 2.9%-1.3pp | 3.1%-1.2pp | 3.9%-0.5pp | 1.2% |
| Net Margin | 1.9%+1.6pp | 1.6%+1.4pp | 1.4%+1.0pp | 1.0%-0.2pp | 0.3%+1.5pp | 0.1%+2.1pp | 0.4%+2.4pp | 1.2% |
| Return on Equity | 1.4%+1.2pp | 1.2%+1.1pp | 1.0%+0.7pp | 0.9%+0.3pp | 0.2% | 0.1% | 0.3% | 0.6% |
| Return on Assets | 0.6%+0.5pp | 0.5%+0.4pp | 0.4%+0.3pp | 0.4%+0.1pp | 0.1% | 0.0% | 0.1% | 0.2% |
| Current Ratio | 1.52-0.1x | 1.48-0.1x | 1.42-0.2x | 1.32-0.2x | 1.58 | 1.56 | 1.59 | 1.57+0.2x |
| Debt-to-Equity | 0.80-0.2x | 0.84-0.2x | 0.85-0.2x | 0.87-0.2x | 1.00 | 1.05 | 1.04 | 1.04-9.8x |
| Liabilities-to-Equity | 1.37-0.3x | 1.40-0.3x | 1.43-0.2x | 1.52-0.1x | 1.62 | 1.68 | 1.64 | 1.66-14.3x |
| Asset Turnover | 0.310.0x | 0.310.0x | 0.290.0x | 0.34+0.2x | 0.30 | 0.29 | 0.29 | 0.18 |
| FCF Margin | 3.9%+1.1pp | 6.3%+4.8pp | -4.4%-7.4pp | 6.7%+11.9pp | 2.8%-8.2pp | 1.5%+1.4pp | 3.0%+7.3pp | -5.3% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Amentum Holdings, Inc. AMTM | FY2025 | $14.4B | $66.0M | 0.5% | $5.5B | 45/100 |
| KBR, Inc. KBR | FY2025 | $7.8B | $415.0M | 5.3% | $5.0B | 49/100 |
| Granite Construction Inc. GVA | FY2025 | $4.4B | $193.0M | 4.4% | $5.7B | 51/100 |
| Everus Construction Group, Inc. ECG | FY2025 | $3.7B | $201.8M | 5.4% | $5.3B | 66/100 |
| Argan, Inc AGX | FY2026 | $944.6M | $137.8M | 14.6% | $4.7B | 70/100 |
| Fluor Corporation FLR | FY2025 | $15.5B | -$51.0M | -0.3% | $6.2B | 38/100 |
Where Amentum Holdings, Inc. Ranks
Frequently Asked Questions
Amentum Holdings, Inc. (AMTM) reported $14.4B in total revenue for fiscal year 2025. This represents a 71.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Amentum Holdings, Inc. (AMTM) revenue grew by 71.6% year-over-year, from $8.4B to $14.4B in fiscal year 2025.
Yes, Amentum Holdings, Inc. (AMTM) reported a net income of $204.0M over the trailing 12 months to July 3, 2026. In fiscal year 2025 it reported a net income of $66.0M, with a net profit margin of 0.5%.
Amentum Holdings, Inc. (AMTM) had EBITDA of $999.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Amentum Holdings, Inc. (AMTM) had $437.0M in cash and equivalents against $3.9B in long-term debt.
Amentum Holdings, Inc. (AMTM) had a gross margin of 10.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Amentum Holdings, Inc. (AMTM) had an operating margin of 3.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Amentum Holdings, Inc. (AMTM) had a net profit margin of 0.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Amentum Holdings, Inc. (AMTM) has a return on equity of 1.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Amentum Holdings, Inc. (AMTM) generated $516.0M in free cash flow during fiscal year 2025. This represents a 1333.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Amentum Holdings, Inc. (AMTM) generated $543.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Amentum Holdings, Inc. (AMTM) had $11.5B in total assets as of fiscal year 2025, including both current and long-term assets.
Amentum Holdings, Inc. (AMTM) invested $27.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Amentum Holdings, Inc. (AMTM) had a current ratio of 1.32 as of fiscal year 2025, which is considered adequate.
Amentum Holdings, Inc. (AMTM) had a debt-to-equity ratio of 0.87 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Amentum Holdings, Inc. (AMTM) had a liabilities-to-equity ratio of 1.52 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Amentum Holdings, Inc. (AMTM) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Amentum Holdings, Inc. (AMTM) trades at 26.9x earnings, its market capitalization divided by $204.0M net income, trailing 12 months to July 3, 2026. The market capitalization is $5.5B as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Amentum Holdings, Inc. (AMTM) trades at 0.4x sales, its market capitalization divided by $14.1B revenue, trailing 12 months to July 3, 2026. The market capitalization is $5.5B as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Amentum Holdings, Inc. (AMTM) has an Altman Z-Score of 1.90, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Amentum Holdings, Inc. (AMTM) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Amentum Holdings, Inc. (AMTM) has an earnings quality ratio of 8.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Amentum Holdings, Inc. (AMTM) has an interest coverage ratio of 1.36x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
Amentum Holdings, Inc. (AMTM) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.