Amentum Holdings Inc. (AMTM)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -82,000 | -82,000 | -313,700 | -84,423 | 199,000 |
| Total assets | US$ in thousands | 11,974,000 | 11,974,000 | 6,413,000 | 4,220,000 | — |
| ROA | -0.68% | -0.68% | -4.89% | -2.00% | — |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-82,000K ÷ $11,974,000K
= -0.68%
Based on the data provided, Amentum Holdings Inc.'s return on assets (ROA) has shown a decreasing trend over the years.
As of December 31, 2022, the ROA was -2.00%, indicating that the company generated a negative return relative to its total assets. This suggests that the company may not be effectively utilizing its assets to generate profits.
By December 31, 2023, the ROA decreased further to -4.89%, showing a significant decline in the company's ability to generate earnings from its assets. This may raise concerns about the company's operational efficiency and profitability.
Although there was a slight improvement by September 30, 2024, with an ROA of -0.68%, the company still failed to achieve a positive return on its assets. This indicates that Amentum Holdings Inc. continues to struggle in generating profits from its assets.
As of December 31, 2024, the ROA remained unchanged at -0.68%, highlighting the ongoing challenges faced by the company in optimizing its asset utilization to achieve profitability.
In summary, the declining trend in Amentum Holdings Inc.'s ROA over the years signifies inefficiencies in asset management and profitability concerns that the company needs to address to improve its financial performance.
Peer comparison
Dec 31, 2024