AMN Healthcare Services Inc (AMN)
Operating return on assets (Operating ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | -102,673 | 134,049 | 198,723 | 252,704 | 338,429 | 423,526 | 472,968 | 564,838 | 647,101 | 696,427 | 665,888 | 581,529 | 477,998 | 338,064 | 278,697 | 217,924 | 149,265 | 167,574 | 160,851 | 167,606 |
Total assets | US$ in thousands | 2,415,730 | 2,667,820 | 2,771,330 | 2,873,600 | 2,924,390 | 2,654,770 | 2,644,140 | 2,881,060 | 2,888,350 | 3,018,260 | 3,008,780 | 3,248,670 | 3,131,910 | 2,709,000 | 2,632,440 | 2,643,120 | 2,353,510 | 2,344,860 | 2,371,060 | 2,460,130 |
Operating ROA | -4.25% | 5.02% | 7.17% | 8.79% | 11.57% | 15.95% | 17.89% | 19.61% | 22.40% | 23.07% | 22.13% | 17.90% | 15.26% | 12.48% | 10.59% | 8.24% | 6.34% | 7.15% | 6.78% | 6.81% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-102,673K ÷ $2,415,730K
= -4.25%
AMN Healthcare Services Inc's operating return on assets (Operating ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates a generally increasing performance from 6.81% in March 2020 to a peak of 23.07% in September 2022.
However, after reaching the peak, the operating ROA started to decline, falling to 5.02% in September 2024, before experiencing a significant decrease to -4.25% by the end of December 2024. This negative operating ROA in December 2024 may suggest operational challenges or inefficiencies within the company that could impact its ability to generate profits from its assets.
Overall, while there were periods of strong performance, the recent negative trend in the operating ROA is a concerning sign that warrants further investigation into the company's operational effectiveness and asset utilization strategies.
Peer comparison
Dec 31, 2024