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Amentum Holdings, Inc. (AMTM) Stock Fundamental Analysis & AI Rating 2026

AMTM NYSE Services-Business Services, NEC DE CIK: 0002011286
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2026-01-02
Combined AI Rating
SELL
74% Confidence
AGREEMENT
SELL
75% Conf
HOLD
74% Conf

📊 AMTM Key Takeaways

Revenue: $3.2B
Net Margin: 1.4%
Free Cash Flow: $-142.0M
Current Ratio: 1.42x
Debt/Equity: 0.86x
EPS: $0.18
AI Rating: SELL with 75% confidence
Amentum Holdings, Inc. (AMTM) receives a SELL rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.2B, net profit margin of 1.4%, and return on equity (ROE) of 1.0%, Amentum Holdings, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete AMTM stock analysis for 2026.

Is Amentum Holdings, Inc. (AMTM) a Good Investment?

Claude

Amentum demonstrates strong revenue growth of 71.6% YoY, but profitability is severely constrained with a net margin of only 1.4% and operating margin of 4.3%. Most critically, the company is burning cash with negative operating cash flow of -$136M and negative free cash flow of -$142M, indicating the growth is not translating into sustainable business economics.

ChatGPT

Amentum shows strong top-line expansion and positive operating profitability, but the quality of that growth is questionable given very low net margins and materially negative operating and free cash flow. The balance sheet is not distressed, with adequate liquidity and manageable debt relative to equity, yet weak returns on assets and equity suggest the business is not currently converting scale into strong shareholder earnings power.

Why Buy Amentum Holdings, Inc. Stock? AMTM Key Strengths

Claude
  • + Strong revenue growth of 71.6% YoY ($3.2B) demonstrates significant market demand and business expansion
  • + Solid liquidity position with current ratio of 1.42x and $247M in cash equivalents
  • + Reasonable leverage at 0.86x debt-to-equity ratio provides financial flexibility
ChatGPT
  • + Revenue growth is very strong at 71.6% year over year, indicating significant business expansion
  • + The company remains profitable at the operating and net income level, with diluted EPS growing faster than net income
  • + Liquidity appears adequate with a 1.42x current and quick ratio, while debt-to-equity of 0.86x is elevated but not extreme

AMTM Stock Risks: Amentum Holdings, Inc. Investment Risks

Claude
  • ! Severe cash flow deterioration with negative operating cash flow of -$136M and negative free cash flow of -$142M, suggesting growth is unprofitable
  • ! Extremely low profitability with net margin of 1.4% and operating margin of 4.3%, indicating operational inefficiency or low-margin business model
  • ! Very poor returns on equity (1.0%) and assets (0.4%) suggest capital is not being deployed efficiently to generate returns
  • ! High long-term debt of $3.9B combined with cash burn raises sustainability concerns about servicing debt
ChatGPT
  • ! Net margin of 1.4% and operating margin of 4.3% leave little room for execution errors or contract pressure
  • ! Operating cash flow of negative $136 million and free cash flow of negative $142 million indicate weak cash conversion
  • ! ROE of 1.0% and ROA of 0.4% point to low underlying efficiency and limited fundamental earnings power

Key Metrics to Watch

Claude
  • * Operating cash flow trend - must turn positive to validate business model sustainability
  • * Operating margin expansion - needs significant improvement from current 4.3% levels
  • * Debt servicing capacity relative to operating cash generation as interest coverage is unavailable
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Operating margin and net margin improvement

Amentum Holdings, Inc. (AMTM) Financial Metrics & Key Ratios

Revenue
$3.2B
Net Income
$44.0M
EPS (Diluted)
$0.18
Free Cash Flow
$-142.0M
Total Assets
$11.2B
Cash Position
$247.0M

💡 AI Analyst Insight

Amentum Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

AMTM Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 4.3%
Net Margin 1.4%
ROE 1.0%
ROA 0.4%
FCF Margin -4.4%

AMTM vs Services Sector: How Amentum Holdings, Inc. Compares

How Amentum Holdings, Inc. compares to Services sector averages

Net Margin
AMTM 1.4%
vs
Sector Avg 10.0%
AMTM Sector
ROE
AMTM 1.0%
vs
Sector Avg 16.0%
AMTM Sector
Current Ratio
AMTM 1.4x
vs
Sector Avg 1.5x
AMTM Sector
Debt/Equity
AMTM 0.9x
vs
Sector Avg 0.7x
AMTM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Amentum Holdings, Inc. Stock Overvalued? AMTM Valuation Analysis 2026

Based on fundamental analysis, Amentum Holdings, Inc. shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
1.0%
Sector avg: 16%
Net Profit Margin
1.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.86x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Amentum Holdings, Inc. Balance Sheet: AMTM Debt, Cash & Liquidity

Current Ratio
1.42x
Quick Ratio
1.42x
Debt/Equity
0.86x
Debt/Assets
58.4%
Interest Coverage
N/A
Long-term Debt
$3.9B

AMTM Revenue & Earnings Growth: 5-Year Financial Trend

AMTM 5-year financial data: Year 2024: Revenue $8.4B, Net Income -$84.0M, EPS $-0.93. Year 2025: Revenue $14.4B, Net Income -$314.0M, EPS $-3.49.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Amentum Holdings, Inc.'s revenue has grown significantly by 72% over the 5-year period, indicating strong business expansion. The most recent EPS of $-3.49 indicates the company is currently unprofitable.

AMTM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-4.4%
Free cash flow / Revenue

AMTM Quarterly Earnings & Performance

Quarterly financial performance data for Amentum Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $3.2B $12.0M $0.05
Q3 2025 $2.1B $10.0M $0.04
Q2 2025 $2.1B $4.0M $0.02
Q1 2025 $2.0B $12.0M $0.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Amentum Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$136.0M
Cash generated from operations
Capital Expenditures
$6.0M
Investment in assets
Dividends
None
No dividend program

AMTM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Amentum Holdings, Inc. (CIK: 0002011286)

📋 Recent SEC Filings

Date Form Document Action
Mar 5, 2026 4 xslF345X05/wk-form4_1772744785.xml View →
Mar 4, 2026 4 xslF345X05/wk-form4_1772658730.xml View →
Feb 18, 2026 4 xslF345X05/wk-form4_1771453809.xml View →
Feb 10, 2026 4 xslF345X05/wk-form4_1770757912.xml View →
Feb 10, 2026 4 xslF345X05/wk-form4_1770757878.xml View →

Frequently Asked Questions about AMTM

What is the AI rating for AMTM?

Amentum Holdings, Inc. (AMTM) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AMTM's key strengths?

Claude: Strong revenue growth of 71.6% YoY ($3.2B) demonstrates significant market demand and business expansion. Solid liquidity position with current ratio of 1.42x and $247M in cash equivalents. ChatGPT: Revenue growth is very strong at 71.6% year over year, indicating significant business expansion. The company remains profitable at the operating and net income level, with diluted EPS growing faster than net income.

What are the risks of investing in AMTM?

Claude: Severe cash flow deterioration with negative operating cash flow of -$136M and negative free cash flow of -$142M, suggesting growth is unprofitable. Extremely low profitability with net margin of 1.4% and operating margin of 4.3%, indicating operational inefficiency or low-margin business model. ChatGPT: Net margin of 1.4% and operating margin of 4.3% leave little room for execution errors or contract pressure. Operating cash flow of negative $136 million and free cash flow of negative $142 million indicate weak cash conversion.

What is AMTM's revenue and growth?

Amentum Holdings, Inc. reported revenue of $3.2B.

Does AMTM pay dividends?

Amentum Holdings, Inc. does not currently pay dividends.

Where can I find AMTM SEC filings?

Official SEC filings for Amentum Holdings, Inc. (CIK: 0002011286) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AMTM's EPS?

Amentum Holdings, Inc. has a diluted EPS of $0.18.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AMTM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Amentum Holdings, Inc. has a SELL rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AMTM stock overvalued or undervalued?

Valuation metrics for AMTM: ROE of 1.0% (sector avg: 16%), net margin of 1.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy AMTM stock in 2026?

Our dual AI analysis gives Amentum Holdings, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AMTM's free cash flow?

Amentum Holdings, Inc.'s operating cash flow is $-136.0M, with capital expenditures of $6.0M. FCF margin is -4.4%.

How does AMTM compare to other Services stocks?

Vs Services sector averages: Net margin 1.4% (avg: 10%), ROE 1.0% (avg: 16%), current ratio 1.42 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2026-01-02 | Powered by Claude AI