AMTM (Amentum Holdings) ROCE % : 9.77% (As of Jun. 2024)

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What is Amentum Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Amentum Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.77%.

Amentum Holdings ROCE % Historical Data

The historical data trend for Amentum Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Amentum Holdings ROCE % Chart

Amentum Holdings Annual Data

Trend

Sep21

Sep22

Sep23

ROCE %

8.18

9.36

Amentum Holdings Quarterly Data
	Sep21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial				-	11.08	9.95	10.25	9.77

Amentum Holdings ROCE % Calculation

Amentum Holdings's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	328	/	( ( (4220 - 713)	+	(4167 - 664) )	/ 2 )
	=	328	/	( (3507	+	3503)	/ 2 )
	=	328	/	3505
	=	9.36 %

Amentum Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	340	/	( ( (4174 - 640)	+	(4052 - 629) )	/ 2 )
	=	340	/	( ( 3534	+	3423 )	/ 2 )
	=	340	/	3478.5
	=	9.77 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Amentum Holdings (NYSE:AMTM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Amentum Holdings ROCE % Related Terms

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Amentum Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Amentum Holdings Inc (NYSE:AMTM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

4800 Westfields Blvd, Suite No. 400, Chantilly, VA, USA, 20151

Website

https://www.amentum.com

Amentum Holdings Inc is a global leader in advanced engineering and innovative technology solutions. It is trusted by the United States and its allies to address their most significant and complex challenges in science, security, and sustainability.