AMN HEALTHCARE SERVICES INC (AMN) Stock Fundamental Analysis

NYSE:AMN • US0017441017

19.32 USD
+2.04 (+11.81%)
At close: Feb 20, 2026
19.1309 USD
-0.19 (-0.98%)
After Hours: 2/20/2026, 8:16:50 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. The financial health of AMN is average, but there are quite some concerns on its profitability. AMN has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • AMN had positive earnings in the past year.
  • In the past year AMN had a positive cash flow from operations.
  • In multiple years AMN reported negative net income over the last 5 years.
  • AMN had a positive operating cash flow in 4 of the past 5 years.
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 0 200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -12.88%, AMN is doing worse than 77.23% of the companies in the same industry.
  • AMN's Return On Equity of -42.76% is on the low side compared to the rest of the industry. AMN is outperformed by 71.29% of its industry peers.
  • AMN has a Return On Invested Capital (2.08%) which is comparable to the rest of the industry.
  • AMN had an Average Return On Invested Capital over the past 3 years of 13.14%. This is above the industry average of 9.04%.
  • The last Return On Invested Capital (2.08%) for AMN is well below the 3 year average (13.14%), which needs to be investigated, but indicates that AMN had better years and this may not be a problem.
Industry RankSector Rank
ROA -12.88%
ROE -42.76%
ROIC 2.08%
ROA(3y)5.5%
ROA(5y)5.99%
ROE(3y)15.7%
ROE(5y)16.78%
ROIC(3y)13.14%
ROIC(5y)12.94%
AMN Yearly ROA, ROE, ROICAMN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

1.3 Margins

  • With a Operating Margin value of 1.65%, AMN perfoms like the industry average, outperforming 45.54% of the companies in the same industry.
  • AMN's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 29.37%, AMN is in line with its industry, outperforming 58.42% of the companies in the same industry.
  • AMN's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 1.65%
PM (TTM) N/A
GM 29.37%
OM growth 3Y-31.99%
OM growth 5Y-12.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.13%
GM growth 5Y-1.63%
AMN Yearly Profit, Operating, Gross MarginsAMN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AMN is still creating some value.
  • AMN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AMN Yearly Shares OutstandingAMN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 1B 2B 3B

2.2 Solvency

  • AMN has an Altman-Z score of 2.45. 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 of 2.45. This is comparable to the rest of the industry: AMN outperforms 56.44% of its industry peers.
  • The Debt to FCF ratio of AMN is 3.80, which is a good value as it means it would take AMN, 3.80 years of fcf income to pay off 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.
  • AMN's Debt to Equity ratio of 1.31 is on the low side compared to the rest of the industry. AMN is outperformed by 65.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 3.8
Altman-Z 2.45
ROIC/WACC0.27
WACC7.61%
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 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.
  • AMN's Current ratio of 1.05 is on the low side compared to the rest of the industry. AMN is outperformed by 66.34% of its industry peers.
  • AMN has a Quick 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 Quick ratio, with a value of 1.05, AMN is doing worse than 60.40% of the companies in the same industry.
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 200M 400M 600M 800M 1B

3

3. Growth

3.1 Past

  • The earnings per share for AMN have decreased strongly by -58.91% in the last year.
  • AMN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.94% yearly.
EPS 1Y (TTM)-58.91%
EPS 3Y-51.4%
EPS 5Y-16.94%
EPS Q2Q%-70.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.84%

3.2 Future

  • The Earnings Per Share is expected to grow by 52.37% on average over the next years. This is a very strong growth
  • 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.
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 14.21.
  • 83.17% of the companies in the same industry are more expensive than AMN, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.99, AMN is valued a bit cheaper.
  • AMN is valuated quite expensively with a Price/Forward Earnings ratio of 28.32.
  • AMN's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of AMN to the average of the S&P500 Index (28.02), we can say AMN is valued inline with the index average.
Industry RankSector Rank
PE 14.21
Fwd PE 28.32
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

  • AMN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AMN is cheaper than 81.19% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, AMN is valued cheaper than 99.01% of the companies in the same industry.
Industry RankSector Rank
P/FCF 3.33
EV/EBITDA 7.47
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

  • AMN does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

AMN HEALTHCARE SERVICES INC

NYSE:AMN (2/20/2026, 8:16:50 PM)

After market: 19.1309 -0.19 (-0.98%)

19.32

+2.04 (+11.81%)

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 Cap742.08M
Revenue(TTM)N/A
Net Income(TTM)-275.54M
Analysts69.23
Price Target21.27 (10.09%)
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 14.21
Fwd PE 28.32
P/S 0.27
P/FCF 3.33
P/OCF 2.78
P/B 1.15
P/tB N/A
EV/EBITDA 7.47
EPS(TTM)1.36
EY7.04%
EPS(NY)0.68
Fwd EY3.53%
FCF(TTM)5.8
FCFY30.02%
OCF(TTM)6.94
OCFY35.94%
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 2.08%
ROICexc 2.16%
ROICexgc 6.84%
OM 1.65%
PM (TTM) N/A
GM 29.37%
FCFM 8.2%
ROA(3y)5.5%
ROA(5y)5.99%
ROE(3y)15.7%
ROE(5y)16.78%
ROIC(3y)13.14%
ROIC(5y)12.94%
ROICexc(3y)13.46%
ROICexc(5y)13.47%
ROICexgc(3y)46.83%
ROICexgc(5y)47.63%
ROCE(3y)17.73%
ROCE(5y)17.46%
ROICexgc growth 3Y-38.44%
ROICexgc growth 5Y-11.09%
ROICexc growth 3Y-36.92%
ROICexc growth 5Y-11.74%
OM growth 3Y-31.99%
OM growth 5Y-12.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.13%
GM growth 5Y-1.63%
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 2.45
F-Score4
WACC7.61%
ROIC/WACC0.27
Cap/Depr(3y)57.01%
Cap/Depr(5y)52.87%
Cap/Sales(3y)2.35%
Cap/Sales(5y)2%
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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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-38.24%
EBIT growth 5Y-7.5%
EBIT Next Year103.44%
EBIT Next 3Y20.38%
EBIT Next 5YN/A
FCF growth 1Y-48.21%
FCF growth 3Y-1.64%
FCF growth 5Y4.92%
OCF growth 1Y-49.55%
OCF growth 3Y1.61%
OCF growth 5Y7.34%

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 3 / 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.