AMN Healthcare Services Inc (AMN)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -146,979 | 210,679 | 444,050 | 327,388 | 70,665 |
| Total assets | US$ in thousands | 2,415,730 | 2,924,390 | 2,888,350 | 3,131,910 | 2,353,510 |
| ROA | -6.08% | 7.20% | 15.37% | 10.45% | 3.00% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-146,979K ÷ $2,415,730K
= -6.08%
AMN Healthcare Services Inc's return on assets (ROA) has exhibited fluctuating performance over the five-year period from 2020 to 2024. The ROA increased from 3.00% in December 2020 to 15.37% in December 2022, indicating a significant improvement in the company's ability to generate profit from its assets. However, there was a notable decline in ROA to 7.20% by the end of 2023. The following year, the ROA turned negative, standing at -6.08% by December 2024, suggesting that the company's assets were not effectively utilized to generate profits, potentially indicating operational challenges or inefficiencies. The varying trend in ROA highlights the importance of closely monitoring the company's asset management strategies to ensure sustainable profitability.
Peer comparison
Dec 31, 2024