Amentum Holdings Inc. (AMTM)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,388,000 | 8,343,000 | 7,865,000 | 7,676,000 | 5,092,000 |
| Property, plant and equipment | US$ in thousands | — | 144,000 | — | — | — |
| Fixed asset turnover | — | 57.94 | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $8,388,000K ÷ $—K
= —
The fixed asset turnover ratio for Amentum Holdings Inc. for the period ended September 30, 2024, is 57.94. It is noteworthy that there are missing values for the fixed asset turnover ratio for the years ended December 31, 2021, 2022, 2023, and 2024. This indicates a lack of available data or possibly significant changes in the company's fixed asset base during those periods.
A fixed asset turnover ratio of 57.94 suggests that, for every dollar invested in fixed assets, the company generated $57.94 in revenue. This high ratio indicates that the company efficiently utilizes its fixed assets to generate sales. However, the absence of data for other periods limits the ability to assess the trend in efficiency over time.
To gain more insight into the efficiency with which the company is utilizing its fixed assets, it would be beneficial to have data for earlier periods for comparison. Furthermore, analyzing the industry benchmarks and competitors' ratios could provide a better context for evaluating Amentum Holdings Inc.'s performance in this aspect.
Peer comparison
Dec 31, 2024