AMN Healthcare Services, Inc. provides technology-enabled healthcare workforce solutions and staffing services to acute and sub-acute care hospitals, and other healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. It offers travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, allied staffing, crisis nurse staffing for critical staffing and rapid response nursing, and allied health professionals, such as skilled nursing facilities, rehabilitation clinics, schools, and pharmacies, as well as physician and advanced practice staffing, and revenue cycle solutions. The company also provides allied health professionals, such as physical therapists, respiratory therapists, occupational therapists, medical and radiology technologists, lab technicians, speech pathologists, rehabilitation assistants, and pharmacists; and solutions for schools, including teletherapy platform, Televate, and qualified school speech-language pathologists, psychologists, nurses, social workers, and other care providers. In addition, it offers locum tenens staffing, healthcare interim leadership staffing, executive search, and physician permanent placement solutions. Additionally, the company provides language services, vendor management systems, workforce optimization, and outsourced solutions. The company offers its services under the brands, including AMN Healthcare, Nursefinders, O'Grady Peyton International, Connetics, Medical Search International, DRW Healthcare Staffing, and B.E. Smith. AMN Healthcare Services, Inc. was founded in 1985 and is based in Dallas, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.7B | $101M | $-96M | $234M | -14.9% | -8.5% | -34.9% |
| 2024 | $3.0B | $71M | $-147M | $240M | -20.8% | -21.3% | -169.8% |
| 2023 | $3.8B | $499M | $211M | $267M | 25.3% | -27.7% | -52.6% |
| 2022 | $5.2B | $784M | $444M | $573M | 42.5% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,243.24 | 3,789.25 | 2,983.78 | 2,730.43 |
| Operating Revenue | - | 5,243.24 | 3,789.25 | 2,983.78 | 2,730.43 |
| Cost Of Revenue | - | 3,526.56 | 2,539.67 | 2,064.41 | 1,956.37 |
| Gross Profit | - | 1,716.68 | 1,249.58 | 919.38 | 774.06 |
| Operating Expense | - | 1,069.58 | 903.35 | 799.59 | 740.89 |
| Selling General And Administration | - | 936.58 | 748.44 | 632.49 | 593.02 |
| Total Expenses | - | 4,596.14 | 3,443.02 | 2,864 | 2,697.26 |
| Operating Income | - | 647.10 | 346.23 | 119.78 | 33.17 |
| Total Operating Income As Reported | - | 647.10 | 338.43 | -102.67 | -55.47 |
| EBITDA | - | 784.21 | 499.36 | 71.11 | 101.13 |
| Normalized EBITDA | - | 784.21 | 507.16 | 293.56 | 189.77 |
| EBIT | - | 647.10 | 338.43 | -102.67 | -55.47 |
| Interest Expense | - | 40.40 | 54.14 | 69.90 | 45.59 |
| Net Interest Income | - | -40.40 | -54.14 | -69.90 | -45.59 |
| Other Income Expense | - | - | -7.80 | -222.46 | -88.64 |
| Interest Expense Non Operating | - | 40.40 | 54.14 | 69.90 | 45.59 |
| Net Non Operating Interest Income Expense | - | -40.40 | -54.14 | -69.90 | -45.59 |
| Pretax Income | - | 606.70 | 284.29 | -172.57 | -101.06 |
| Tax Provision | - | 162.65 | 73.61 | -25.60 | -5.36 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -2.02 | -32.99 | -4.70 |
| Net Income Continuous Operations | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Net Income From Continuing And Discontinued Operation | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Net Income From Continuing Operation Net Minority Interest | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Net Income | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Net Income Common Stockholders | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Net Income Including Noncontrolling Interests | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Normalized Income | - | 444.05 | 216.46 | 42.48 | -11.76 |
| Diluted NI Availto Com Stockholders | - | 444.05 | 210.68 | -146.98 | -95.70 |
| Basic Average Shares | - | 44.59 | 39.17 | 38.19 | 38.52 |
| Diluted Average Shares | - | 44.87 | 39.34 | 38.19 | 38.52 |
| Reconciled Depreciation | - | 137.11 | 160.93 | 173.78 | 156.60 |
| Reconciled Cost Of Revenue | - | 3,522.45 | 2,533.66 | 2,057.73 | 1,947.64 |
| Total Unusual Items | - | 0 | -7.80 | -222.46 | -88.64 |
| Total Unusual Items Excluding Goodwill | - | 0 | -7.80 | -222.46 | -88.64 |
| Special Income Charges | - | 0 | -7.80 | -222.46 | -88.64 |
| Impairment Of Capital Assets | - | 0 | 7.80 | 222.46 | 127.78 |
| Depreciation Amortization Depletion Income Statement | - | 133.01 | 154.91 | 167.10 | 147.87 |
| Depreciation And Amortization In Income Statement | - | 133.01 | 154.91 | 167.10 | 147.87 |
| General And Administrative Expense | - | 936.58 | 756.24 | 632.49 | 593.02 |
| Other Gand A | - | 906.51 | 738.22 | 609.17 | 562.34 |
| Salaries And Wages | - | 30.07 | 18.02 | 23.32 | 30.68 |
| Gain On Sale Of Ppe | - | - | 0 | 0 | 39.14 |
Healthcare sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| AMN Healthcare Services, Inc.this co. | AMN | $1.2B | - | 1.85 | -14.9% | 19.35 |
| Inspire Medical Systems, Inc. | INSP | $1.2B | 8.36 | 1.56 | 18.6% | 14.32 |
| IRADIMED CORPORATION | IRMD | $1.2B | 53.21 | 12.64 | 23.8% | 41.92 |
| CareDx, Inc. | CDNA | $1.2B | -55.93 | 3.94 | -7.0% | -248.15 |
| Kestra Medical Technologies, Ltd. | KMTS |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.2B |
| -10.49 |
| 5.81 |
| -55.4% |
| -10.21 |
| Schrödinger, Inc. | SDGR | $1.2B | -11.47 | 3.25 | -28.4% | -6.61 |
| Wave Life Sciences Ltd. | WVE | $1.2B | - | 2.26 | -39.4% | - |
| Avanos Medical, Inc. | AVNS | $1.2B | - | 1.50 | -9.4% | - |
| Zenas BioPharma, Inc. | ZBIO | $1.2B | -3.07 | 4.79 | -156.0% | -2.84 |
| Peer Median | - | -6.78 | 3.60 | -18.9% | -4.72 | |
Historically, May has averaged the highest return (+9.8%); Nov the lowest (-8.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +35.2%Positive MonthJan 2026: +35.15% | -8.5%Negative MonthFeb 2026: -8.54% | -5.9%Negative MonthMar 2026: -5.85% | +11.6%Positive MonthApr 2026: +11.61% | +41.5%Positive MonthMay 2026: +41.52% | +11.7%Positive MonthJun 2026: +11.74% | +3.9%Positive MonthJul 2026: +3.89% | +5.0%*Positive MonthAug 2026: +5.03% | — | — | — | — |
| 2025 | +15.1%Positive MonthJan 2025: +15.05% | -8.0%Negative MonthFeb 2025: -7.99% | -3.4%Negative MonthMar 2025: -3.40% | -16.5%Negative MonthApr 2025: -16.48% | +3.3%Positive MonthMay 2025: +3.33% | -2.1%Negative MonthJun 2025: -2.08% | -11.3%Negative MonthJul 2025: -11.27% | +13.3%Positive MonthAug 2025: +13.30% | -6.8%Negative MonthSep 2025: -6.83% | +1.7%Neutral MonthOct 2025: +1.70% | -15.4%Negative MonthNov 2025: -15.44% | -5.3%Negative MonthDec 2025: -5.35% |
| 2024 | -1.2%Neutral MonthJan 2024: -1.16% | -24.0%Negative MonthFeb 2024: -23.97% | +11.1%Positive MonthMar 2024: +11.09% | -4.0%Negative MonthApr 2024: -4.05% | -6.7%Negative MonthMay 2024: -6.74% | -8.4%Negative MonthJun 2024: -8.42% | +32.0%Positive MonthJul 2024: +31.99% | -21.6%Negative MonthAug 2024: -21.58% | -20.1%Negative MonthSep 2024: -20.06% | -10.5%Negative MonthOct 2024: -10.50% | -31.4%Negative MonthNov 2024: -31.39% | -8.1%Negative MonthDec 2024: -8.11% |
| 2023 | -6.8%Negative MonthJan 2023: -6.79% | -6.1%Negative MonthFeb 2023: -6.08% | -7.8%Negative MonthMar 2023: -7.83% | +4.1%Positive MonthApr 2023: +4.09% | +10.0%Positive MonthMay 2023: +9.97% | +14.9%Positive MonthJun 2023: +14.91% | -1.8%Neutral MonthJul 2023: -1.81% | -17.5%Negative MonthAug 2023: -17.52% | -3.6%Negative MonthSep 2023: -3.62% | -10.9%Negative MonthOct 2023: -10.94% | -10.6%Negative MonthNov 2023: -10.62% | +10.4%Positive MonthDec 2023: +10.44% |
| 2022 | -17.2%Negative MonthJan 2022: -17.16% | +4.7%Positive MonthFeb 2022: +4.74% | -1.7%Neutral MonthMar 2022: -1.71% | -6.3%Negative MonthApr 2022: -6.31% | -0.9%Neutral MonthMay 2022: -0.87% | +13.2%Positive MonthJun 2022: +13.22% | +2.5%Positive MonthJul 2022: +2.49% | -8.7%Negative MonthAug 2022: -8.72% | +3.2%Positive MonthSep 2022: +3.23% | +18.4%Positive MonthOct 2022: +18.44% | -1.4%Neutral MonthNov 2022: -1.43% | -16.9%Negative MonthDec 2022: -16.88% |
| 2021 | — | — | — | — | +11.9%Positive MonthMay 2021: +11.85% | +9.3%Positive MonthJun 2021: +9.33% | +3.7%Positive MonthJul 2021: +3.69% | +12.9%Positive MonthAug 2021: +12.89% | +1.1%Neutral MonthSep 2021: +1.08% | -14.0%Negative MonthOct 2021: -13.99% | +15.5%Positive MonthNov 2021: +15.51% | +7.3%Positive MonthDec 2021: +7.30% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.