AMN Healthcare Services Inc (AMN)

Net 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
Net income (ttm)	US$ in thousands	210,679	279,987	319,258	382,152	444,050	478,470	460,048	403,018	327,388	220,479	172,523	128,078	70,665	88,839	86,287	92,831	113,988	122,119	126,522	133,182
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
Net profit margin		5.64%	6.91%	7.36%	8.00%	8.54%	8.80%	8.88%	8.74%	8.29%	6.83%	5.96%	4.84%	3.00%	3.84%	3.70%	4.10%	5.18%	5.70%	6.01%	6.25%

December 31, 2023 calculation

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

AMN Healthcare Services Inc. has experienced a slight fluctuation in its net profit margin over the past eight quarters. The company's net profit margin decreased from 8.47% in Q4 2022 to 5.56% in Q4 2023. However, there was a gradual improvement in the following quarters, with the net profit margin reaching 7.93% in Q1 2023. Subsequently, the trend continued to rise before stabilizing around 7%-8% in the remaining quarters of 2023. Overall, the net profit margin of AMN Healthcare Services Inc. demonstrates some volatility but generally remains within a moderate range, indicating relatively consistent profitability performance over the analyzed period.