AMN Healthcare Services Inc (AMN)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 831,256 | 1,043,630 | 1,162,030 | 819,677 | 736,742 |
| ROE | 25.34% | 42.55% | 28.17% | 8.62% | 15.47% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $210,679K ÷ $831,256K
= 25.34%
AMN Healthcare Services Inc.'s return on equity (ROE) has fluctuated over the past five years, ranging from 8.62% in 2020 to 42.55% in 2022. The ROE can be a key indicator of a company's profitability and efficiency in utilizing shareholders' equity to generate earnings.
The highest ROE of 42.55% in 2022 suggests that AMN Healthcare Services Inc. was highly efficient in generating profits from shareholders' equity that year. However, this was followed by a significant drop to 25.34% in 2023, indicating a potential decrease in profitability or efficient use of equity in the most recent period.
Overall, the trend in ROE for AMN Healthcare Services Inc. over the five-year period shows some volatility, with fluctuations in performance and efficiency. Further analysis of the company's financial statements and operations may be needed to fully understand the factors driving these changes in ROE.
Peer comparison
Dec 31, 2023