AMN Healthcare Services Inc (AMN)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 210,679 | 444,050 | 327,388 | 70,665 | 113,988 |
| Total assets | US$ in thousands | 2,924,390 | 2,888,350 | 3,131,910 | 2,353,510 | 1,931,650 |
| ROA | 7.20% | 15.37% | 10.45% | 3.00% | 5.90% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $210,679K ÷ $2,924,390K
= 7.20%
AMN Healthcare Services Inc.'s return on assets (ROA) has exhibited variability over the past five years. The ROA was 7.20% as of December 31, 2023, which was a decrease from the previous year's 15.37%. However, the company's ROA in 2023 still remained higher than the levels seen in 2020 and 2019, reflecting an improvement in efficiency in utilizing its assets to generate profits. Overall, the trend in ROA indicates fluctuations in the company's ability to generate earnings relative to its total assets, highlighting the importance of monitoring asset management efficiency for sustainable financial performance.
Peer comparison
Dec 31, 2023