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