AMN HEALTHCARE SERVICES INC (AMN) Stock Fundamental Analysis

NYSE:AMN • US0017441017

20.4 USD
-0.41 (-1.97%)
At close: Feb 24, 2026
20.3 USD
-0.1 (-0.49%)
After Hours: 2/24/2026, 8:08:36 PM
Fundamental Rating

3

Overall AMN gets a fundamental rating of 3 out of 10. We evaluated AMN against 101 industry peers in the Health Care Providers & Services industry. AMN scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. AMN has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year AMN was profitable.
  • AMN had a positive operating cash flow in the past year.
  • In multiple years AMN reported negative net income over the last 5 years.
  • Of the past 5 years AMN 4 years had a positive operating cash flow.
AMN Yearly Net Income VS EBIT VS OCF VS FCFAMN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

1.2 Ratios

  • AMN has a Return On Assets of -12.88%. This is in the lower half of the industry: AMN underperforms 77.23% of its industry peers.
  • AMN has a worse Return On Equity (-42.76%) than 71.29% of its industry peers.
  • The Return On Invested Capital of AMN (2.22%) is comparable to the rest of the industry.
  • AMN had an Average Return On Invested Capital over the past 3 years of 6.19%. This is below the industry average of 8.93%.
Industry RankSector Rank
ROA -12.88%
ROE -42.76%
ROIC 2.22%
ROA(3y)-1.15%
ROA(5y)4.48%
ROE(3y)-3.45%
ROE(5y)12.07%
ROIC(3y)6.19%
ROIC(5y)12.47%
AMN Yearly ROA, ROE, ROICAMN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

1.3 Margins

  • AMN's Operating Margin of 1.65% is in line compared to the rest of the industry. AMN outperforms 45.54% of its industry peers.
  • AMN's Operating Margin has declined in the last couple of years.
  • AMN has a Gross Margin of 29.37%. This is comparable to the rest of the industry: AMN outperforms 58.42% of its industry peers.
  • In the last couple of years the Gross Margin of AMN has declined.
Industry RankSector Rank
OM 1.65%
PM (TTM) N/A
GM 29.37%
OM growth 3Y-53.83%
OM growth 5Y-32.3%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.69%
GM growth 5Y-3.04%
AMN Yearly Profit, Operating, Gross MarginsAMN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMN is destroying value.
  • Compared to 1 year ago, AMN has more shares outstanding
  • The number of shares outstanding for AMN has been reduced compared to 5 years ago.
  • AMN has a better debt/assets ratio than last year.
AMN Yearly Shares OutstandingAMN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
AMN Yearly Total Debt VS Total AssetsAMN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • AMN has an Altman-Z score of 2.47. This is not the best score and indicates that AMN is in the grey zone with still only limited risk for bankruptcy at the moment.
  • AMN has a Altman-Z score (2.47) which is comparable to the rest of the industry.
  • AMN has a debt to FCF ratio of 3.80. This is a good value and a sign of high solvency as AMN would need 3.80 years to pay back of all of its debts.
  • The Debt to FCF ratio of AMN (3.80) is better than 71.29% of its industry peers.
  • A Debt/Equity ratio of 1.31 is on the high side and indicates that AMN has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.31, AMN is not doing good in the industry: 65.35% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 3.8
Altman-Z 2.47
ROIC/WACC0.3
WACC7.4%
AMN Yearly LT Debt VS Equity VS FCFAMN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.3 Liquidity

  • AMN has a Current Ratio of 1.05. This is a normal value and indicates that AMN is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.05, AMN is doing worse than 66.34% of the companies in the same industry.
  • A Quick Ratio of 1.05 indicates that AMN should not have too much problems paying its short term obligations.
  • AMN has a worse Quick ratio (1.05) than 60.40% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 1.05
AMN Yearly Current Assets VS Current LiabilitesAMN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

  • The earnings per share for AMN have decreased strongly by -58.91% in the last year.
  • Measured over the past years, AMN shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.94% on average per year.
  • Looking at the last year, AMN shows a decrease in Revenue. The Revenue has decreased by -8.49% in the last year.
  • Measured over the past years, AMN shows a small growth in Revenue. The Revenue has been growing by 2.67% on average per year.
EPS 1Y (TTM)-58.91%
EPS 3Y-51.4%
EPS 5Y-16.94%
EPS Q2Q%-70.67%
Revenue 1Y (TTM)-8.49%
Revenue growth 3Y-19.55%
Revenue growth 5Y2.67%
Sales Q2Q%1.84%

3.2 Future

  • AMN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.37% yearly.
  • The Revenue is expected to grow by 7.67% on average over the next years.
EPS Next Y-49.83%
EPS Next 2Y-9.69%
EPS Next 3Y78.98%
EPS Next 5Y52.37%
Revenue Next Year-5.63%
Revenue Next 2Y-0.9%
Revenue Next 3Y8.06%
Revenue Next 5Y7.67%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
AMN Yearly Revenue VS EstimatesAMN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1B 2B 3B 4B 5B
AMN Yearly EPS VS EstimatesAMN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2 4 6 8 10

5

4. Valuation

4.1 Price/Earnings Ratio

  • AMN is valuated correctly with a Price/Earnings ratio of 15.00.
  • Compared to the rest of the industry, the Price/Earnings ratio of AMN indicates a rather cheap valuation: AMN is cheaper than 81.19% of the companies listed in the same industry.
  • AMN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.98.
  • A Price/Forward Earnings ratio of 29.90 indicates a quite expensive valuation of AMN.
  • AMN's Price/Forward Earnings is on the same level as the industry average.
  • AMN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15
Fwd PE 29.9
AMN Price Earnings VS Forward Price EarningsAMN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMN indicates a somewhat cheap valuation: AMN is cheaper than 79.21% of the companies listed in the same industry.
  • AMN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AMN is cheaper than 98.02% of the companies in the same industry.
Industry RankSector Rank
P/FCF 3.52
EV/EBITDA 7.74
AMN Per share dataAMN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • A more expensive valuation may be justified as AMN's earnings are expected to grow with 78.98% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.69%
EPS Next 3Y78.98%

0

5. Dividend

5.1 Amount

  • No dividends for AMN!.
Industry RankSector Rank
Dividend Yield 0%

AMN HEALTHCARE SERVICES INC

NYSE:AMN (2/24/2026, 8:08:36 PM)

After market: 20.3 -0.1 (-0.49%)

20.4

-0.41 (-1.97%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-19
Earnings (Next)05-06
Inst Owners109.44%
Inst Owner Change-2.04%
Ins Owners0.45%
Ins Owner Change9.04%
Market Cap783.56M
Revenue(TTM)2.73B
Net Income(TTM)-275.54M
Analysts69.23
Price Target21.27 (4.26%)
Short Float %5.11%
Short Ratio1.61
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)73.35%
Min EPS beat(2)53.64%
Max EPS beat(2)93.07%
EPS beat(4)4
Avg EPS beat(4)78.74%
Min EPS beat(4)52.24%
Max EPS beat(4)116.02%
EPS beat(8)8
Avg EPS beat(8)44.14%
EPS beat(12)12
Avg EPS beat(12)33.45%
EPS beat(16)16
Avg EPS beat(16)27.33%
Revenue beat(2)1
Avg Revenue beat(2)0.79%
Min Revenue beat(2)-0.06%
Max Revenue beat(2)1.64%
Revenue beat(4)3
Avg Revenue beat(4)2.05%
Min Revenue beat(4)-0.06%
Max Revenue beat(4)4.75%
Revenue beat(8)5
Avg Revenue beat(8)1.13%
Revenue beat(12)7
Avg Revenue beat(12)1.02%
Revenue beat(16)11
Avg Revenue beat(16)1.39%
PT rev (1m)2.1%
PT rev (3m)-0.34%
EPS NQ rev (1m)2.3%
EPS NQ rev (3m)2.3%
EPS NY rev (1m)2.26%
EPS NY rev (3m)23.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.59%
Valuation
Industry RankSector Rank
PE 15
Fwd PE 29.9
P/S 0.29
P/FCF 3.52
P/OCF 2.94
P/B 1.22
P/tB N/A
EV/EBITDA 7.74
EPS(TTM)1.36
EY6.67%
EPS(NY)0.68
Fwd EY3.34%
FCF(TTM)5.8
FCFY28.43%
OCF(TTM)6.94
OCFY34.04%
SpS70.73
BVpS16.78
TBVpS-10.76
PEG (NY)N/A
PEG (5Y)N/A
Graham Number22.66
Profitability
Industry RankSector Rank
ROA -12.88%
ROE -42.76%
ROCE 2.81%
ROIC 2.22%
ROICexc 2.3%
ROICexgc 7.3%
OM 1.65%
PM (TTM) N/A
GM 29.37%
FCFM 8.2%
ROA(3y)-1.15%
ROA(5y)4.48%
ROE(3y)-3.45%
ROE(5y)12.07%
ROIC(3y)6.19%
ROIC(5y)12.47%
ROICexc(3y)6.27%
ROICexc(5y)13.02%
ROICexgc(3y)21.12%
ROICexgc(5y)45.11%
ROCE(3y)7.84%
ROCE(5y)15.78%
ROICexgc growth 3Y-59.99%
ROICexgc growth 5Y-29.62%
ROICexc growth 3Y-59.19%
ROICexc growth 5Y-26.95%
OM growth 3Y-53.83%
OM growth 5Y-32.3%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.69%
GM growth 5Y-3.04%
F-Score4
Asset Turnover1.27
Health
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 3.8
Debt/EBITDA 4.12
Cap/Depr 27.3%
Cap/Sales 1.62%
Interest Coverage 0.95
Cash Conversion 129.62%
Profit Quality N/A
Current Ratio 1.05
Quick Ratio 1.05
Altman-Z 2.47
F-Score4
WACC7.4%
ROIC/WACC0.3
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-58.91%
EPS 3Y-51.4%
EPS 5Y-16.94%
EPS Q2Q%-70.67%
EPS Next Y-49.83%
EPS Next 2Y-9.69%
EPS Next 3Y78.98%
EPS Next 5Y52.37%
Revenue 1Y (TTM)-8.49%
Revenue growth 3Y-19.55%
Revenue growth 5Y2.67%
Sales Q2Q%1.84%
Revenue Next Year-5.63%
Revenue Next 2Y-0.9%
Revenue Next 3Y8.06%
Revenue Next 5Y7.67%
EBIT growth 1Y-66.5%
EBIT growth 3Y-62.85%
EBIT growth 5Y-30.5%
EBIT Next Year219.97%
EBIT Next 3Y39.54%
EBIT Next 5YN/A
FCF growth 1Y102.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y29.17%
OCF growth 3YN/A
OCF growth 5YN/A

AMN HEALTHCARE SERVICES INC / AMN FAQ

What is the fundamental rating for AMN stock?

ChartMill assigns a fundamental rating of 3 / 10 to AMN.


Can you provide the valuation status for AMN HEALTHCARE SERVICES INC?

ChartMill assigns a valuation rating of 5 / 10 to AMN HEALTHCARE SERVICES INC (AMN). This can be considered as Fairly Valued.


How profitable is AMN HEALTHCARE SERVICES INC (AMN) stock?

AMN HEALTHCARE SERVICES INC (AMN) has a profitability rating of 2 / 10.


What is the earnings growth outlook for AMN HEALTHCARE SERVICES INC?

The Earnings per Share (EPS) of AMN HEALTHCARE SERVICES INC (AMN) is expected to decline by -49.83% in the next year.