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.
Peer comparison
Dec 31, 2023