Amentum Holdings, Inc. AMTM
Amentum Holdings, Inc. (herein referred to as "we", "our", "us", "the Company" and "Amentum"), a Delaware corporation, is a global advanced engineering and technology solutions provider to a broad base of U.S. and allied government agencies, and customers in international and commercial markets.
On September 27, 2024, Amentum was formed through the completion of a merger between the legacy Amentum business and a spin-off of the Jacobs Solutions Inc. ("Jacobs") Critical Mission Solutions business and portions of the Jacobs Divergent Solutions business (the "Transaction"). The Transaction brought together two premier government services companies with complementary capabilities and a deep understanding of our customers' missions and priorities developed over more than 100 years as trusted engineering and technical experts. We operate our business activities and report financial results as two reportable segments: Digital Solutions ("DS") and Global Engineering Solutions ("GES").
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $14.39B | $8.39B | $7.87B | $7.68B | — |
| Cost of revenue | $12.88B | $7.59B | $7.08B | $6.91B | — |
| Gross profit | $1.51B | $798.0M | $782.0M | $771.0M | — |
| SG&A | $616.0M | $353.0M | $297.0M | $308.0M | — |
| Operating income | $480.0M | $291.0M | $57.0M | $121.0M | — |
| Pre-tax income | $115.0M | -$123.0M | -$340.0M | -$64.0M | — |
| Income tax | $56.0M | $40.0M | $19.0M | $14.0M | — |
| Net income | $66.0M | -$82.0M | -$314.0M | -$84.0M | — |
| EPS, basic | 0.27 | -0.90 | -3.49 | -0.93 | — |
| EPS, diluted | 0.27 | -0.90 | -3.49 | -0.93 | — |
| Shares, diluted (wtd. avg.) | $244.0M | $91.0M | $90.0M | $90.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $437.0M | $452.0M | $305.0M | $366.0M | $309.0M |
| Receivables | $2.48B | $2.40B | $1.44B | — | — |
| Total current assets | $3.11B | $3.08B | $1.93B | — | — |
| Goodwill | $5.70B | $5.56B | $2.89B | $3.00B | — |
| Other intangibles | $1.96B | $2.62B | $988.0M | — | — |
| Total assets | $11.46B | $11.97B | $6.41B | — | — |
| Accounts payable | $892.0M | $764.0M | $560.0M | — | — |
| Short-term debt | $42.0M | $36.0M | $45.0M | — | — |
| Total current liabilities | $2.35B | $1.97B | $1.38B | — | — |
| Long-term debt | $3.90B | $4.64B | $4.07B | — | — |
| Total liabilities | $6.84B | $7.42B | $6.00B | — | — |
| Retained earnings | -$461.0M | -$527.0M | -$445.0M | — | — |
| Total equity | $4.50B | $4.46B | $416.0M | $706.0M | $822.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | $543.0M | $47.0M | $67.0M | $126.0M | — |
| Depreciation and amortisation | $40.0M | $23.0M | $27.0M | $20.0M | — |
| Stock-based compensation | $21.0M | $18.0M | $3.0M | $3.0M | — |
| Capital expenditure | $27.0M | $11.0M | $12.0M | $18.0M | — |
| Investing cash flow | $228.0M | $475.0M | -$17.0M | -$1.79B | — |
| Financing cash flow | -$790.0M | -$382.0M | -$112.0M | $1.72B | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-25-053993.
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