Amentum Holdings, Inc. (AMTM)
Amentum: Margin Quality Over Revenue Quantity
Amentum Holdings is deeply undervalued, trading at 7.41x forward P/E versus sector medians near 19x, despite transformative infrastructure moves. AMTM is shifting from legacy government services to high-margin equity-participating roles in nuclear, AUKUS defense, and edge AI data centers, unlocking significant multiple expansion potential. Cutting low-margin NASA contracts and pivoting to firm-fixed-price, technology-driven work positions AMTM for mid-to-high single-digit EBITDA margins and robust FCF deployment.
Amentum: Everyone, And I Mean (Almost) Everyone, Is Wrong About The Stock
Amentum is rated Hold (C+), with upside limited by declining revenue and guidance credibility concerns. Despite record margins, EPS, and backlog, AMTM cut revenue guidance for the second straight quarter, highlighting persistent top-line headwinds. Valuation appears reasonable at an 8.8x forward P/E and 10.5% free cash flow yield, but leverage and lack of a dividend temper the bull case.
Amentum Holdings, Inc. (AMTM) Q3 2026 Earnings Call Transcript
Amentum Holdings, Inc. (AMTM) Q3 2026 Earnings Call Transcript
Amentum Q3 Earnings Call Highlights
Amentum NYSE: AMTM reported third-quarter fiscal 2026 revenue of $3.5 billion, with normalized growth of about 1%, while higher profitability and cash generation led the company to raise its full-year adjusted EBITDA and adjusted earnings-per-share outlook.
Here's What Key Metrics Tell Us About Amentum (AMTM) Q3 Earnings
The headline numbers for Amentum (AMTM) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Amentum Holdings (AMTM) Beats Q3 Earnings Estimates
Amentum Holdings (AMTM) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.56 per share a year ago.
Unlocking $50 Billion Across the Nuclear Value Chain
The Department of Energy (DOE) has narrowed the competition for its proposed Nuclear Lifecycle Innovation Campuses (NLICs) to five states: Utah, Tennessee, Oklahoma, Louisiana, and Idaho. The selection advances an effort that could create new investment and contracting opportunities across nearly every part of the nuclear value chain.
Amentum Holdings (AMTM) Reports Next Week: Wall Street Expects Earnings Growth
Amentum (AMTM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Gas-to-Nuclear Bridge for AI Data Centers
Amentum (AMTM) announced that the U.S. Department of Energy's National Nuclear Security Administration (DOE/NNSA) selected them to negotiate a phased lease at the Savannah River Site in South Carolina. The proposed public-private project would pair a 1-gigawatt (GW) AI data center with approximately 2 GW of dedicated on-site generation.
5 Construction Stocks Poised to Beat This Earnings Season
Data center and power demand, along with mission-critical projects, give these construction stocks, like CRH, KBR, OC, SPXC and AMTM, strong growth momentum.
Can Amentum (AMTM) Keep the Earnings Surprise Streak Alive?
Amentum (AMTM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Consortium Fueling the Nuclear Renaissance
The U.S. Department of Energy (DOE) published the approved voluntary agreement that formally establishes the Nuclear Fuel Cycle Consortium under the Defense Production Act (DPA). While the name centers on fuel production, the framework and its broad list of participants reach across the entire nuclear value chain.
