Amentum Holdings Inc. (AMTM)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | ||
---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -78,000 | -82,000 | 257,000 | 259,000 | 246,000 | 233,000 |
Total assets | US$ in thousands | 11,919,000 | 11,974,000 | 4,052,000 | 4,174,000 | 4,212,000 | 6,413,000 |
ROA | -0.65% | -0.68% | 6.34% | 6.21% | 5.84% | 3.63% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-78,000K ÷ $11,919,000K
= -0.65%
The return on assets (ROA) for Amentum Holdings Inc. has shown some fluctuations over the periods analyzed. In September 2023, the ROA was 3.63%, which increased to 5.84% by December 2023, indicating a positive trend. The ROA further improved to 6.21% in March 2024 and slightly increased to 6.34% by June 2024.
However, there was a significant decrease in the ROA in the following periods, with a negative ROA of -0.68% in September 2024, which slightly improved to -0.65% by December 2024. This declining trend suggests that the company's ability to generate profit from its assets weakened during these periods.
Overall, while there were periods of improvement in the ROA, the recent negative trends may warrant further analysis to understand the factors influencing the company's asset utilization and profitability.
Peer comparison
Dec 31, 2024