AMN Healthcare Services Inc (AMN)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	1,249,581	1,363,886	1,459,406	1,589,362	1,716,684	1,775,756	1,696,595	1,516,901	1,309,601	1,082,815	961,583	878,580	791,778	781,372	786,770	768,772	743,465	718,788	703,904	705,318
Revenue (ttm)	US$ in thousands	3,735,110	4,049,756	4,337,454	4,774,860	5,201,610	5,439,780	5,182,737	4,613,541	3,947,321	3,227,672	2,894,162	2,643,736	2,355,387	2,311,008	2,331,708	2,263,912	2,202,535	2,144,278	2,106,704	2,129,324
Gross profit margin		33.45%	33.68%	33.65%	33.29%	33.00%	32.64%	32.74%	32.88%	33.18%	33.55%	33.22%	33.23%	33.62%	33.81%	33.74%	33.96%	33.75%	33.52%	33.41%	33.12%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,249,581K ÷ $3,735,110K
= 33.45%

AMN Healthcare Services Inc.'s gross profit margin has shown a relatively stable trend over the past eight quarters, ranging between 32.40% and 33.31%. The company has been able to maintain a healthy level of gross profit margin, indicating efficient cost management and pricing strategies. Despite some fluctuations, the margins have generally remained above 32%, suggesting that AMN Healthcare Services Inc. has been able to generate a consistent level of profitability from its core operations. Maintaining a stable gross profit margin is a positive sign for the company's overall financial health and operational efficiency.