AMN HEALTHCARE SERVICES INC AMN
AMN Healthcare empowers the future of care through one of the nation's broadest network of highly-qualified healthcare professionals. As the leader and innovator in total talent solutions for the healthcare sector in the United States, we tailor our solutions to our clients' workforce challenges and goals, and provide staffing, talent optimization strategies, and technology solutions to support caregivers and patient care. We are passionate about all aspects of our mission to:
•Deliver the right talent and insights to help healthcare organizations optimize their workforce.
•Provide healthcare professionals opportunities to do their best work toward high-quality patient care.
•Create an innovative and values-based culture in which our team members can achieve their goals.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.98B | $3.79B | $5.24B | $3.98B | $2.39B | $2.22B | $2.14B | $1.99B | $1.90B |
| Cost of revenue | $1.96B | $2.06B | $2.54B | $3.53B | $2.67B | $1.60B | $1.48B | $1.44B | $1.34B | $1.28B |
| Gross profit | $774.1M | $919.4M | $1.25B | $1.72B | $1.31B | $791.8M | $743.5M | $696.4M | $644.4M | $619.7M |
| SG&A | $593.0M | $632.5M | $748.4M | $936.6M | $730.5M | $549.7M | $508.0M | $452.3M | $399.7M | $398.5M |
| Total operating expenses | $829.5M | $1.02B | $911.2M | $1.07B | $831.6M | $642.5M | $566.5M | $493.6M | $432.0M | $428.1M |
| Operating income | -$55.5M | -$102.7M | $338.4M | $647.1M | $478.0M | $149.3M | $176.9M | $202.8M | $212.4M | $191.6M |
| Interest expense | $45.6M | $69.9M | $54.1M | $40.4M | $34.1M | $57.7M | $28.4M | $16.1M | $19.7M | $15.5M |
| Pre-tax income | -$101.1M | -$172.6M | $284.3M | $606.7M | $443.9M | $91.5M | $148.5M | $186.7M | $192.8M | $176.2M |
| Income tax | $5.4M | $25.6M | $73.6M | $162.7M | $116.5M | $20.9M | $34.5M | $44.9M | $60.2M | $70.3M |
| Net income | -$95.7M | -$147.0M | $210.7M | $444.1M | $327.4M | $70.7M | $114.0M | $141.7M | $132.6M | $105.8M |
| EPS, basic | -2.48 | -3.85 | 5.38 | 9.96 | 6.87 | 1.49 | 2.44 | 2.99 | 2.77 | 2.21 |
| EPS, diluted | -2.48 | -3.85 | 5.36 | 9.90 | 6.81 | 1.48 | 2.40 | 2.91 | 2.68 | 2.15 |
| Shares, diluted (wtd. avg.) | $38.5M | $38.2M | $39.3M | $44.9M | $48.0M | $47.7M | $47.6M | $48.7M | $49.4M | $49.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $34.0M | $10.6M | $108.3M | $137.9M | $246.7M | $84.0M | $154.0M | $84.3M | $98.9M | $51.0M |
| Receivables | $382.6M | $437.8M | $623.5M | $675.6M | $789.1M | $376.1M | $352.7M | $365.9M | $350.5M | $342.0M |
| Total current assets | $545.4M | $594.9M | $841.7M | $1.09B | $1.35B | $533.7M | $560.5M | $482.2M | $474.2M | $450.6M |
| Property, plant and equipment | $136.4M | $186.3M | $191.4M | $149.3M | $127.1M | $116.2M | $104.8M | $90.4M | $73.4M | $60.0M |
| Goodwill | $755.8M | $897.5M | $1.11B | $935.4M | $892.3M | $864.5M | $595.6M | $438.5M | $340.6M | $341.8M |
| Other intangibles | $283.5M | $381.4M | $474.1M | $476.8M | $514.5M | $564.9M | $398.5M | $326.1M | $227.1M | $245.7M |
| Total assets | $2.09B | $2.42B | $2.92B | $2.89B | $3.13B | $2.35B | $1.93B | $1.49B | $1.25B | $1.19B |
| Accounts payable | $162.0M | $184.3M | $343.8M | $476.5M | $425.3M | $167.9M | $156.1M | $149.6M | $130.3M | $137.5M |
| Short-term debt | — | — | — | — | $0 | $4.7M | $0 | — | $0 | $3.8M |
| Total current liabilities | $577.6M | $545.8M | $656.1M | $857.9M | $969.4M | $423.0M | $378.1M | $307.3M | $265.3M | $274.8M |
| Long-term debt | $767.1M | $1.06B | $1.30B | $843.5M | $842.3M | $858.0M | $617.2M | $440.6M | $319.8M | $359.2M |
| Total liabilities | $1.45B | $1.71B | $2.09B | $1.84B | $1.97B | $1.53B | $1.19B | $853.7M | $691.4M | $737.5M |
| Retained earnings | $1.21B | $1.30B | $1.45B | $1.24B | $796.9M | $469.6M | $400.0M | $286.1M | $142.2M | $9.7M |
| Total equity | $642.1M | $706.6M | $831.3M | $1.04B | $1.16B | $819.7M | $736.7M | $639.0M | $562.5M | $449.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $269.5M | $320.4M | $372.2M | $653.7M | $305.4M | $256.8M | $224.9M | $227.0M | $160.5M | $133.9M |
| Depreciation and amortisation | $156.6M | $173.8M | $160.9M | $137.1M | $103.7M | $94.2M | $58.5M | $41.2M | $32.3M | $29.6M |
| Stock-based compensation | $30.7M | $23.3M | $18.0M | $30.1M | $25.2M | $20.5M | $16.2M | $10.8M | $10.2M | $11.4M |
| Capital expenditure | $35.6M | $80.9M | $103.7M | $75.8M | $53.6M | $37.7M | $35.2M | $35.2M | $26.5M | $22.0M |
| Investing cash flow | $4.3M | -$79.9M | -$412.5M | -$170.7M | -$107.4M | -$538.2M | -$291.8M | -$279.3M | -$35.4M | -$258.4M |
| Financing cash flow | -$295.9M | -$259.4M | $10.7M | -$591.9M | -$34.9M | $211.5M | $136.6M | $37.5M | -$77.2M | $126.3M |
| Buybacks | $0 | $0 | $424.7M | $576.8M | $2.7M | $0 | $18.7M | $67.0M | $20.2M | $13.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009918.
Others in SIC 7363
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| RHI | ROBERT HALF INC. | $4.36B | 32.0x | -7.2% |
| MAN | ManpowerGroup Inc. | $2.88B | — | 0.6% |
| NSP | INSPERITY, INC. | $1.98B | — | 3.5% |
| EFOR | Everforth Inc | $1.33B | 12.5x | -2.9% |
| KFRC | KFORCE INC | $976.6M | 27.8x | -5.4% |
| BBSI | BARRETT BUSINESS SERVICES INC | $821.8M | 16.3x | 8.4% |
| KELYA | KELLY SERVICES INC | $585.0M | — | -1.9% |
| TBI | TrueBlue, Inc. | $299.9M | — | 3.1% |