Amentum Holdings Inc. (AMTM)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -123,000 | — | -340,377 | -64,184 | 292,000 |
| Revenue | US$ in thousands | 8,388,000 | 8,343,000 | 7,865,000 | 7,676,000 | 5,092,000 |
| Pretax margin | -1.47% | 0.00% | -4.33% | -0.84% | 5.73% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-123,000K ÷ $8,388,000K
= -1.47%
The pretax margin of Amentum Holdings Inc. has shown fluctuations over the past few years. In December 2021, the pretax margin was positive at 5.73%, indicating that the company was able to generate a profit before considering taxes. However, by December 2022, the pretax margin turned negative to -0.84%, suggesting that the company's profitability decreased and it incurred losses before tax.
The negative trend continued in December 2023 and December 2024, with pretax margins of -4.33% and -1.47% respectively. These declines indicate that Amentum Holdings Inc. faced challenges in maintaining profitability, possibly due to factors such as increased expenses or declining revenues.
It is worth noting that in September 2024, the pretax margin improved to 0.00%, which may suggest a breakeven point for the company during that period.
Overall, the declining trend in pretax margin highlights the importance for Amentum Holdings Inc. to closely monitor and manage its expenses and revenues to improve profitability and sustain long-term financial health.
Peer comparison
Dec 31, 2024