Amentum Holdings Inc. (AMTM)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 291,000 | 328,000 | 287,000 |
| Total assets | US$ in thousands | 11,974,000 | 4,167,000 | 4,220,000 |
| Operating ROA | 2.43% | 7.87% | 6.80% |
September 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $291,000K ÷ $11,974,000K
= 2.43%
The operating return on assets (ROA) of Amentum Holdings Inc. has shown fluctuations over the years based on the provided data. As of December 31, 2022, the operating ROA was reported at 6.80%, indicating that the company generated $6.80 in operating income for every $100 in assets. Subsequently, by December 31, 2023, the operating ROA improved to 7.87%, suggesting more efficient utilization of assets to generate operating earnings.
However, the operating ROA declined significantly to 2.43% as of September 30, 2024. This decrease may signal challenges in effectively managing and leveraging the company's assets to generate operating profits. It is important for Amentum Holdings Inc. to identify the factors contributing to this decline and take corrective actions to enhance the company's operational efficiency and profitability moving forward.
Peer comparison
Sep 30, 2024