AMN Healthcare Services Inc (AMN)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	210,679	444,050	327,388	70,665	113,988
Revenue	US$ in thousands	3,735,110	5,201,280	3,947,290	2,326,690	2,222,110
Net profit margin		5.64%	8.54%	8.29%	3.04%	5.13%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $210,679K ÷ $3,735,110K
= 5.64%

AMN Healthcare Services Inc.'s net profit margin has shown fluctuations over the past five years. In 2023, the net profit margin decreased to 5.56% compared to the previous year, marking a downwards trend from 8.47% in 2022 and 8.22% in 2021. Despite the dip in 2023, the net profit margin remained relatively higher than in 2020, where it was at 2.95%. In 2019, the net profit margin was at 5.13%, indicating some variability in profitability over the years. The declining trend in net profit margin from 2022 to 2023 may suggest potential challenges in maintaining profitability, warranting further investigation into the company's financial performance and cost management strategies.