AMN Healthcare Services Inc (AMN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 33.45% | 33.68% | 33.65% | 33.29% | 33.00% | 32.64% | 32.74% | 32.88% | 33.18% | 33.55% | 33.22% | 33.23% | 33.62% | 33.81% | 33.74% | 33.96% | 33.75% | 33.52% | 33.41% | 33.12% |
| Operating profit margin | 9.06% | 10.46% | 10.90% | 11.83% | 12.44% | 12.80% | 12.85% | 12.60% | 12.11% | 10.47% | 9.63% | 8.24% | 6.34% | 7.25% | 6.90% | 7.40% | 8.03% | 8.40% | 8.69% | 9.05% |
| Pretax margin | 7.61% | 9.33% | 9.91% | 10.97% | 11.66% | 12.10% | 12.18% | 11.85% | 11.25% | 9.02% | 7.75% | 6.14% | 3.89% | 5.35% | 5.22% | 5.91% | 6.74% | 7.50% | 7.92% | 8.27% |
| 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% |
AMN Healthcare Services Inc. has maintained a relatively stable gross profit margin over the past eight quarters, ranging from 32.40% to 33.31%. This indicates the company's ability to efficiently manage its cost of goods sold and generate profits on its revenue.
However, there is a noticeable decline in the operating profit margin from Q1 2022 to Q4 2023, decreasing from 12.50% to 8.93%. This suggests that the company's operating expenses have increased relative to its revenue, impacting its profitability from its core operations.
Similarly, there is a consistent decrease in the pretax margin from Q1 2022 to Q4 2023, indicating a decline in the company's profitability before accounting for taxes. This downward trend could be attributed to a combination of factors such as increased operating expenses or lower revenue generation.
The net profit margin of AMN Healthcare Services Inc. has also experienced a decline from 8.67% in Q1 2022 to 5.56% in Q4 2023. This shows the company's decreasing profitability after accounting for all expenses, including interest and taxes.
Overall, the declining trend in operating profit margin, pretax margin, and net profit margin signals a potential concern regarding AMN Healthcare Services Inc.'s profitability performance and efficiency in managing its costs and expenses. Further analysis of the company's financial statements and operational efficiency may be required to address these declining profitability ratios.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 6.80% | 6.81% | 9.16% | 9.68% | 9.86% | 11.76% |
| Return on assets (ROA) | 7.20% | 10.55% | 12.07% | 13.26% | 15.37% | 15.85% | 15.29% | 12.41% | 10.45% | 8.14% | 6.55% | 4.85% | 3.00% | 3.79% | 3.65% | 3.77% | 5.90% | 6.56% | 6.82% | 8.13% |
| Return on total capital | 15.84% | 24.11% | 26.27% | 29.12% | 34.29% | 35.25% | 35.38% | 30.23% | 23.85% | 17.94% | 15.41% | 12.17% | 8.90% | 9.85% | 9.28% | 9.14% | 13.07% | 13.68% | 13.63% | 17.19% |
| Return on equity (ROE) | 25.34% | 34.26% | 41.66% | 39.98% | 42.55% | 42.24% | 44.26% | 37.28% | 28.17% | 21.15% | 17.85% | 14.33% | 8.62% | 11.01% | 11.10% | 12.39% | 15.47% | 17.32% | 18.59% | 20.49% |
AMN Healthcare Services Inc. has shown a declining trend in its profitability ratios over the past eight quarters. The Operating Return on Assets (Operating ROA) decreased from 22.40% in Q4 2022 to 11.57% in Q4 2023. Similarly, the Return on Assets (ROA) decreased from 15.37% in Q4 2022 to 7.20% in Q4 2023.
In terms of Return on Total Capital, there was a significant decrease from 34.29% in Q4 2022 to 15.84% in Q4 2023, indicating a decline in utilizing total capital to generate profits efficiently. The Return on Equity (ROE) also dropped from 42.55% in Q4 2022 to 25.34% in Q4 2023, showing a decrease in shareholder value generated by the company.
Overall, the declining trend in profitability ratios for AMN Healthcare Services Inc. suggests that the company may be facing challenges in generating profits from its assets and capital. It is essential for the company to strategize and improve its operational efficiency to enhance profitability and shareholder value in the future.