AMN Healthcare Services Inc (AMN)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	919,376	1,249,580	1,716,680	1,309,600	791,778
Revenue	US$ in thousands	2,983,780	3,789,250	5,243,240	3,984,240	2,393,710
Gross profit margin		30.81%	32.98%	32.74%	32.87%	33.08%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $919,376K ÷ $2,983,780K
= 30.81%

The gross profit margin of AMN Healthcare Services Inc has shown a slight decline from 33.08% as of December 31, 2020, to 30.81% as of December 31, 2024. This indicates that the company's profitability on sales has decreased over the years. While there was some fluctuation in the margin figures, the general trend has been a gradual decrease. It is important for the company to analyze the reasons behind this trend, such as changes in pricing strategies, cost structures, or competitive pressures. Management may need to consider strategies to improve efficiencies and streamline operations in order to boost the gross profit margin and enhance overall financial performance.