AMN Healthcare Services Inc (AMN)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	-102,673	338,429	647,101	477,998	149,265
Revenue	US$ in thousands	2,983,780	3,789,250	5,243,240	3,984,240	2,393,710
Operating profit margin		-3.44%	8.93%	12.34%	12.00%	6.24%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-102,673K ÷ $2,983,780K
= -3.44%

AMN Healthcare Services Inc's operating profit margin has shown varying trends over the past five years. The margin increased from 6.24% on December 31, 2020, to 12.00% on December 31, 2021, reflecting improved operational efficiency and profitability. Furthermore, the margin continued to rise to 12.34% on December 31, 2022, suggesting sustained strong performance.

However, there was a slight dip in the operating profit margin to 8.93% on December 31, 2023, potentially indicating some challenges or increased costs affecting profitability. Notably, there was a significant decline in the operating profit margin to -3.44% on December 31, 2024, which is a concerning development as it indicates that the company's operating expenses exceeded its operating income.

Overall, while AMN Healthcare Services Inc has demonstrated positive growth in its operating profit margin in recent years, there are signs of potential volatility and operational challenges that may require further investigation and strategic management to sustain profitability.