AMTM Amentum Holdings, Inc.

Overview and Growth

Fiscal 2025 results for Amentum Holdings, Inc. combined $14.39B of revenue with net income of $66.00M and an operating cash inflow of $543.00M. At $14.39B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $8.39B in fiscal 2024, revenue recorded a 71.6% year-over-year increase. The company reported diluted EPS of $0.27, adding a shareholder-level measure to the absolute income figures considered below. The revenue-to-assets relationship was 1.26x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $1.51B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 10.5%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $480.00M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 3.3%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $66.00M for the fiscal year. The final earnings result represented 0.5% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $115.00M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 0.8%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $56.00M, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 48.7% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

The company held $11.46B of assets against $6.84B of liabilities and $4.62B of equity, revealing how the asset base was financed. At period end, current assets of $3.11B compared with current liabilities of $2.35B, defining the company’s short-term resource position. At 1.32x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $437.00M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 18.6% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $3.94B of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 0.85x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 34.4%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 59.7%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 3.8% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 4.3% from $11.97B in fiscal 2024, leaving current total assets lower year over year.

Cash Flow and Earnings Quality

The company reported $543.00M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 8.23x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $27.00M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 5.0%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $516.00M of positive free cash flow for the period. Relative to revenue, free cash flow equaled 3.6%, showing how much sales converted into cash after investment. The free-cash-flow-to-assets relationship was 4.5%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Oct 3, 2025. Analysis generated Oct 21, 2026.