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AMN Healthcare Services, Inc.

AMNHealthcareNASDAQ

Medical Care Facilities

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Financials · Annual
Revenue
$2.73B
-8.5% YoY
Net Income
-$95.7M
+34.9% YoY
EBITDA
$101.1M
+42.2% YoY
Free Cash Flow
$671.5M

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About AMN Healthcare Services, Inc.

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. The company carries a $1.12B market cap, placing it firmly in the small-cap category. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.

Key stats
Market Cap$1.12B
Fwd P/E26.68
EPS$-0.86
Beta0.30
52W Change+42.7%
ROE-4.5%
Analysis

AMN Healthcare Services, Inc. carries $776.9M in total debt against $560.7M in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $671.5M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of -4.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.5% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $3.98B (2021) to $2.73B (2025), a 31% decline worth watching.

The relatively low beta of 0.30 suggests AMN is a less volatile holding compared to the broader index. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing AMN.

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