AMN Healthcare Services Inc (AMN)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Gross profit (ttm)	US$ in thousands	833,556	834,201	910,652	1,054,207	1,208,266	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
Revenue (ttm)	US$ in thousands	2,983,781	3,067,341	3,233,295	3,483,909	3,789,251	4,096,492	4,381,619	4,816,930	5,243,250	5,480,780	5,219,990	4,650,825	3,984,230	3,252,461	2,926,292	2,677,198	2,393,714	2,349,335	2,365,301	2,292,127
Gross profit margin		27.94%	27.20%	28.16%	30.26%	31.89%	33.29%	33.31%	33.00%	32.74%	32.40%	32.50%	32.62%	32.87%	33.29%	32.86%	32.82%	33.08%	33.26%	33.26%	33.54%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $833,556K ÷ $2,983,781K
= 27.94%

The gross profit margin of AMN Healthcare Services Inc has shown a slight decline from March 31, 2020, at 33.54%, to December 31, 2024, at 27.94%. The trend fluctuated over the years, with some quarters showing minor variations in the margin. However, there was a noticeable drop in the margin from March 31, 2024, to December 31, 2024, indicating potential challenges in maintaining profitability.

It is important to investigate the underlying factors contributing to this decline in the gross profit margin, as it may signal issues such as increasing production costs, pricing pressures, or inefficiencies in operations. Management should closely monitor and address these factors to ensure sustainable profitability in the future.