AMN Healthcare Services Inc (AMN)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 33.45% | 33.00% | 33.18% | 34.03% | 33.46% |
| Operating profit margin | 9.06% | 12.44% | 12.11% | 6.42% | 7.96% |
| Pretax margin | 7.61% | 11.66% | 11.25% | 3.93% | 6.68% |
| Net profit margin | 5.64% | 8.54% | 8.29% | 3.04% | 5.13% |
The profitability ratios of AMN Healthcare Services Inc. have exhibited fluctuations over the past five years. The gross profit margin has shown relatively stable performance, hovering around the range of 32.74% to 33.46%. This indicates that the company has been able to effectively manage its production costs and maintain a healthy level of gross profit relative to its revenue.
The operating profit margin, on the other hand, has displayed more variability, ranging from a low of 6.24% in 2020 to a high of 12.34% in 2022. This suggests that AMN Healthcare has experienced fluctuations in its operating expenses and efficiency in generating profits from its core operations during this period.
Similarly, the pretax margin has shown variability, with a noticeable increase from 3.82% in 2020 to 11.57% in 2022, before declining to 7.50% in 2023. This implies that the company's ability to generate profits before accounting for taxes has also been subject to fluctuations, potentially influenced by changes in tax rates and operational performance.
The net profit margin, reflecting the company's bottom-line profitability, has demonstrated a similar pattern of variability, ranging from a low of 2.95% in 2020 to a high of 8.47% in 2022. This indicates that AMN Healthcare's ability to translate its revenue into net income has fluctuated over the past five years, potentially due to factors such as operating efficiency, interest expenses, and tax management.
In conclusion, while AMN Healthcare Services Inc. has maintained a relatively stable gross profit margin, its operating profit margin, pretax margin, and net profit margin have shown variability over the past five years, suggesting fluctuations in operational efficiency, expenses management, and overall profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.57% | 22.40% | 15.26% | 6.34% | 9.16% |
| Return on assets (ROA) | 7.20% | 15.37% | 10.45% | 3.00% | 5.90% |
| Return on total capital | 15.84% | 34.29% | 23.85% | 8.90% | 13.07% |
| Return on equity (ROE) | 25.34% | 42.55% | 28.17% | 8.62% | 15.47% |
AMN Healthcare Services Inc.'s profitability ratios demonstrate a fluctuation over the past five years. The operating return on assets (Operating ROA) has varied significantly from 2019 to 2023, with a high of 22.40% in 2022 and a low of 6.34% in 2020. This ratio indicates the company's ability to generate profits from its assets before taking into account interest and taxes.
Return on assets (ROA) also shows a diverse trend, reaching a peak of 15.37% in 2022 and a low of 3.00% in 2020. This metric evaluates the efficiency of utilizing assets to generate earnings. Meanwhile, the return on total capital has experienced notable fluctuations, with a high of 34.29% in 2022 and a low of 8.87% in 2020. This ratio measures the company's overall ability to generate profits from the total capital employed in the business.
Lastly, the return on equity (ROE) has shown a similar pattern of variation, with a high of 42.55% in 2022 and a low of 8.62% in 2020. ROE reflects the returns generated for the shareholders' equity invested in the company. Overall, AMN Healthcare Services Inc.'s profitability ratios demonstrate both strengths and weaknesses in efficiently utilizing assets and capital to generate profits over the analyzed period.