AMTMAmentum Holdings, Inc.

$20.62

Is it safe?

Can AMTM take a bad year?

Amentum Holdings, Inc. carries $3.50B of net debt at 6.17× EBITDA: a heavy load to carry through a bad year.

$3.50B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
6.17×

Net debt / EBITDA · 10.7× a year ago · the load is coming down

Altman Z-score
1.85

Altman Z-score · grey zone, between 1.8 and 3

Debt / equity
0.85×

Debt / equity

Details
Total debtQ2 2026
$3.93B
Cash and short-term investments
$428M
Net debt
$3.50B
EBITDA, trailing twelve months
$567M
Operating profit, trailing twelve months
$527M
Debt / equity
0.85×
Total debt / EBITDA
6.93×
Annualised volatilitytwo years of daily moves
58%
Worst drawdown on file
−51%
Below its 52-week high
−45%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.