AMN Healthcare Services Inc (AMN)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -172,574 | 284,289 | 606,703 | 443,921 | 91,523 |
| Revenue | US$ in thousands | 2,983,780 | 3,789,250 | 5,243,240 | 3,984,240 | 2,393,710 |
| Pretax margin | -5.78% | 7.50% | 11.57% | 11.14% | 3.82% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-172,574K ÷ $2,983,780K
= -5.78%
AMN Healthcare Services Inc's pretax margin has demonstrated variability over the period from December 31, 2020, to December 31, 2024. The pretax margin increased from 3.82% in December 2020 to 11.14% in December 2021, indicating improved profitability before taxes. This positive trend continued with a further increase to 11.57% in December 2022, reflecting the company's ability to efficiently manage its expenses relative to its revenue.
However, there was a decline in the pretax margin to 7.50% by December 2023, suggesting a potential decrease in profitability before tax. Notably, the pretax margin turned negative, standing at -5.78% by December 2024, signifying a loss-making scenario. This negative pretax margin raises concerns about the company's operational efficiency and financial health during that period.
In summary, the fluctuation in AMN Healthcare Services Inc's pretax margin highlights the importance of closely monitoring and analyzing financial performance metrics to assess the company's profitability and its ability to manage costs effectively.
Peer comparison
Dec 31, 2024