AMN Healthcare Services Inc (AMN)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,249,580 | 1,716,680 | 1,309,600 | 791,778 | 743,465 |
| Revenue | US$ in thousands | 3,735,110 | 5,201,280 | 3,947,290 | 2,326,690 | 2,222,110 |
| Gross profit margin | 33.45% | 33.00% | 33.18% | 34.03% | 33.46% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,249,580K ÷ $3,735,110K
= 33.45%
The gross profit margin of AMN Healthcare Services Inc. has shown a slight fluctuation over the past five years. It decreased from 33.46% in 2019 to 33.08% in 2020, followed by a further decrease to 32.87% in 2021. However, there was a marginal improvement in 2022 to 32.74%. The latest available data for December 31, 2023, indicates a slight increase to 32.98%.
Overall, the company has maintained a gross profit margin within a relatively narrow range of around 32-33% in recent years, suggesting consistent management of production costs and pricing strategies. This stability in gross profit margin may indicate effective cost control measures and stable pricing practices within the company's operations. Additionally, the slight fluctuations may be attributed to various factors such as changes in pricing dynamics, cost structures, and shifts in demand for healthcare services.
Peer comparison
Dec 31, 2023