Amentum Holdings, Inc.

AMTM Industrials Specialty Business Services

Amentum Holdings, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $14.4 billion, up 71.6% from fiscal 2024. In the quarter to June 2026, revenue fell 1.99%, EPS grew 575.0%, free cash flow grew 35.0% and total debt fell 14.7%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

19.52 0.43 +2.25%
Market cap
$4.7B
P/E
23.5×
Fwd P/E
21.9×
Dividend yield
—
F-score
7/9
Altman Z
1.93
Beneish M
−2.49
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 19.15%

Capital & Financial Ratios $m

Market Cap 4,670.00
Revenue 14,130.00
Net Income 201.00
Free Cash Flow 474.00
Net Debt 3,366.00
Current Ratio 1.52 (at or above 1.5: strong)
Debt/Equity 0.80
P/E ratio 23.52
Fwd P/E 21.90
P/S ratio 0.34
P/B ratio 0.99
Past 5Y EPS Growth —
This Y EPS Growth 10.53%
Next Y EPS Growth 7.58%
Next Y revenue growth (3.38%) (below 0%: weak)
Next 5Y EPS Growth 9.96%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 305 452 437 459
Receivables 1,440 2,401 2,479 2,553
Inventory — — — —
Other — — — —
1,931 3,084 3,113 3,189
2023 2024 2025 Q'26
Payables 560 764 892 825
ST’ Debt 45 36 42 54
Other 402 469 715 669
1,376 1,965 2,354 2,094

Compound Annual Growth %

10y 5y 3y
Sales — — 23.31%
Cash Flow — — 62.73%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue $m

Dec Mar Jun Sep Year
’26 3,237 3,478 3,490 — —
’25 3,416 3,491 3,561 3,925 14,393
’24 1,983 2,051 2,142 2,212 8,388
’23 — — — — 7,865
’22 — — — — 7,676
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 (136) 225 146 — —
’25 110 57 106 270 543
’24 (83) 5 238 (113) 47
’23 — — — 67 67
’22 — — — 126 126
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 (142) 220 135 — —
’25 102 53 100 261 516
’24 (85) 2 236 (117) 36
’23 — — — 55 55
’22 — — — 108 108
Fiscal quarters ending in the months shown.

EPS $

Dec Mar Jun Sep Year
’26 0.18 0.22 0.27 — —
’25 0.05 0.02 0.04 0.16 0.27
’24 (0.43) (0.47) (0.27) 0.28 (0.90)
’23 — — — — (3.57)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — 18.38 16.01

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 34.50 31.87
People
People Employees — — — — — — — 18,000 53,000 50,000
Revenue/emp, $m — — — — — 0.00 0.00 0.44 0.16 0.29
Income, $m
Income, $m Revenue — — — — — 7,676 7,676 7,865 8,388 14,393
Gross margin, % — — — — — 10.04 10.04 9.94 9.51 10.51
EBT — — — — — (64) (64) (340) (123) 115
EBT margin, % — — — — — (0.83) (0.83) (4.32) (1.47) 0.80
Net income — — — — — (78) (78) (321) (83) 59
Depreciation — — — — — 419 419 532 273 530
Per share, $
Per share, $ Revenue — — — — — 0.00 85.29 87.39 92.18 59.23
Earnings — — — — — — (0.87) (3.57) (0.90) 0.27
Cash flow — — — — — 0.00 1.40 0.74 0.52 2.23
Capex — — — — — 0.00 (0.20) (0.13) (0.12) (0.11)
Free cash flow — — — — — 0.00 1.20 0.61 0.40 2.12
Book value — — — — — 0.00 0.00 4.62 50.02 19.01
Shares, m — — — — — — 90 90 91 243
Valuation, ×
Valuation, × P/E — — — — — 0.00 0.00 0.00 0.00 88.70
P/S — — — — — 0.00 0.00 0.00 0.35 0.40
P/B — — — — — 6.38 6.38 6.38 0.65 1.26
EV/Sales — — — — — 0.00 0.00 0.00 0.86 0.65
EV/FCF — — — — — 31.07 31.07 31.07 199.83 18.07
Cash, $m
Cash, $m Operating cash flow — — — — — 126 126 67 47 543
Capex — — — — — (18) (18) (12) (11) (27)
Free cash flow — — — — — 108 108 55 36 516
Balance, $m
Balance, $m Working capital — — — — — — — 555 1,119 759
Total debt — — — — — — — 4,112 4,679 3,943
Net debt — — — — — — — 3,807 4,227 3,506
Shareholders’ equity — — — — — — — 416 4,552 4,620
Returns, %
Returns, % ROA — — — — — 0.00 0.00 (9.79) (0.89) 0.56
ROIC — — — — — 0.00 0.00 0.84 2.07 3.69
ROE — — — — — 0.00 0.00 0.00 (3.30) 1.44
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Amentum Holdings, Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
RTO Rentokil Initial PLC $10.5B 61.8× 29.4× +66.96% (above 0%: growing) +6.36% (above 0%: growing) +7.92% (above 0%: growing) 13.59% 0.00% Compare
DLB Dolby Laboratories $5.7B 25.2× 16.5× −3.34% (below 0%: shrinking) −37.50% (below 0%: shrinking) +157.37% (above 0%: growing) 86.78% 11.25% Compare
AMTM Amentum Holdings, Inc. $4.7B 23.5× 21.9× −1.99% (below 0%: shrinking) +575.00% (above 0%: growing) +35.00% (above 0%: growing) 10.32% 4.93%
UNF Unifirst Corporation $4.6B 39.7× 39.4× +3.87% (above 0%: growing) −48.20% (below 0%: shrinking) −21.68% (below 0%: shrinking) 37.00% 3.63% Compare
AZZ AZZ Inc. $3.9B 23.2× 22.1× +16.68% (above 0%: growing) −34.39% (below 0%: shrinking) +115.52% (above 0%: growing) 25.08% 17.21% Compare
FA First Advantage Corporation $3.5B 132× 67.8× +14.88% (above 0%: growing) +5,455.56% (above 0%: growing) +120.17% (above 0%: growing) 45.46% 12.71% Compare
MMS Maximus, Inc. $3.2B 9.0× 8.1× −5.15% (below 0%: shrinking) +4.81% (above 0%: growing) +30.90% (above 0%: growing) 27.27% 12.62% Compare
CBZ CBIZ, Inc. $3.0B 25.6× 12.1× −0.19% (below 0%: shrinking) −53.03% (below 0%: shrinking) +32.13% (above 0%: growing) 10.62% 4.99% Compare
ABM ABM Industries Incorporated $3.0B 18.4× 12.2× +4.19% (above 0%: growing) +25.37% (above 0%: growing) −13.91% (below 0%: shrinking) 12.35% 3.95% Compare
Median of peers $3.7B 25.4× 19.3× +4.03% −14.79% +31.52% 26.18% 8.12%

All 44 Specialty Business Services stocks →

Amentum Holdings, Inc. (AMTM) key facts

  • Strength: Amentum Holdings, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $14.4 billion, up 71.6% from fiscal 2024.
  • Amentum Holdings, Inc. (AMTM) is a Specialty Business Services company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, AMTM traded at $19.52, a market capitalization of $4.7 billion.
  • Return on equity was 1.44% and debt-to-equity 0.80.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.93 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Amentum Holdings, Inc. (AMTM) Latest News

19 Aug

Impact 4 · transcript
stockrow.com/AMTM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com