AMN (AMN Healthcare Services) Cyclically Adjusted FCF per Share: $7.69 (As of Mar. 2026)


AMN AMN Healthcare Services Inc AMN
68 GF Score
Price $34.75
GF Value $30.50
Valuation Modestly Overvalued
! 8 Warning Signs
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What is AMN Healthcare Services Cyclically Adjusted FCF per Share?

AMN Healthcare Services AMN +4.54% 68 Cyclically Adjusted FCF per Share is $7.69 as of Mar. 2026. GuruFocus rates AMN with a GF Score™ of 68/100 and a GF Value™ of $30.50 (Modestly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

AMN Healthcare Services's adjusted free cash flow per share for the three months ended in Mar. 2026 was $14.193. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $7.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AMN Healthcare Services's average Cyclically Adjusted FCF Growth Rate was 31.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of AMN Healthcare Services was 34.30% per year. The lowest was -5.10% per year. And the median was 9.30% per year.

As of today (2026-07-02), AMN Healthcare Services's current stock price is $34.75. AMN Healthcare Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $7.69. AMN Healthcare Services's Cyclically Adjusted Price-to-FCF of today is 4.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AMN Healthcare Services was 45.93. The lowest was 2.32. And the median was 28.79.


AMN Healthcare Services  (NYSE:AMN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

AMN Healthcare Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=34.75/7.69
=4.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AMN Healthcare Services was 45.93. The lowest was 2.32. And the median was 28.79.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


AMN Healthcare Services Cyclically Adjusted FCF per Share Related Terms


AMN Healthcare Services Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for AMN Healthcare Services's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AMN Healthcare Services Cyclically Adjusted FCF per Share Chart

AMN Healthcare Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 4.14 4.81 5.56 6.24

AMN Healthcare Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.84 6.03 6.06 6.24 7.69

AMN vs PNTG, ARDT, NUTX: Cyclically Adjusted FCF per Share Comparison

For the Medical Care Facilities subindustry, AMN Healthcare Services's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AMN Healthcare Services Cyclically Adjusted Price-to-FCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AMN Healthcare Services's Cyclically Adjusted Price-to-FCF falls into.


AMN
68GF Score
AMN Healthcare Services Inc AMN
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMN Healthcare Services Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, AMN Healthcare Services's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.193/330.2130*330.2130
=14.193

Current CPI (Mar. 2026) = 330.2130.

AMN Healthcare Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.279 241.018 0.382
201609 0.500 241.428 0.684
201612 0.911 241.432 1.246
201703 0.791 243.801 1.071
201706 0.386 244.955 0.520
201709 0.538 246.819 0.720
201712 0.996 246.524 1.334
201803 1.100 249.554 1.456
201806 1.109 251.989 1.453
201809 0.714 252.439 0.934
201812 0.991 251.233 1.303
201903 0.602 254.202 0.782
201906 0.420 256.143 0.541
201909 1.505 256.759 1.936
201912 1.431 256.974 1.839
202003 0.764 258.115 0.977
202006 1.488 257.797 1.906
202009 1.701 260.280 2.158
202012 0.617 260.474 0.782
202103 0.574 264.877 0.716
202106 3.331 271.696 4.048
202109 0.023 274.310 0.028
202112 1.312 278.802 1.554
202203 3.953 287.504 4.540
202206 4.608 296.311 5.135
202209 2.027 296.808 2.255
202212 2.086 296.797 2.321
202303 0.624 301.836 0.683
202306 4.352 305.109 4.710
202309 3.713 307.789 3.984
202312 -1.905 306.746 -2.051
202403 1.656 312.332 1.751
202406 1.890 314.175 1.986
202409 1.239 315.301 1.298
202412 1.479 315.605 1.547
202503 2.158 319.799 2.228
202506 1.790 322.561 1.832
202509 0.381 324.800 0.387
202512 1.746 324.054 1.779
202603 14.193 330.213 14.193

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of $7.69 mean?
AMN Healthcare Services (AMN) has a Cyclically Adjusted FCF per Share of $7.69 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on AMN Healthcare Services and its competitors.
Is AMN Healthcare Services' Cyclically Adjusted FCF per Share too high?
AMN Healthcare Services' current Cyclically Adjusted FCF per Share is $7.69. Overall, AMN Healthcare Services has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMN Healthcare Services' Cyclically Adjusted FCF per Share compare to PNTG and ARDT?
AMN Healthcare Services' Cyclically Adjusted FCF per Share of $7.69 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted FCF per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on AMN Healthcare Services and its competitors. AMN Healthcare Services's current Cyclically Adjusted FCF per Share is $7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMN Healthcare Services stock overvalued right now?
Based on GuruFocus' analysis, AMN Healthcare Services (AMN) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.50, compared to a current price of $34.75 — trading 13.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $7.69. AMN Healthcare Services' overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current Cyclically Adjusted FCF per Share is $7.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AMN Healthcare Services (AMN) Overvalued in 2026?

Based on GuruFocus' analysis, AMN Healthcare Services stock appears to be overvalued. The current stock price of $34.75 is trading 13.9% above its estimated GF Value™ of $30.50. GuruFocus considers AMN Healthcare Services to be Modestly Overvalued.

Key valuation signals for AMN:

  • Cyclically Adjusted FCF per Share: $7.69
  • GF Value™: $30.50 vs. price of $34.75 (13.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the AMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AMN Healthcare Services Business Description

Other Exchanges HCQ:Germany
Address 2999 Olympus Boulevard, Suite 500, Dallas, TX, USA, 75019
AMN Healthcare Services Inc provides healthcare workforce solutions and staffing services in the United States. Its comprehensive suite of talent solutions provides management, staffing, recruitment, language services, technology, predictive and market analytics, and related services to build and manage all or parts of the clients' healthcare workforce needs. Its reportable segments are: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. A majority of its revenue is generated from the Nurse and Allied Solutions segment, which includes the company's travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, and allied staffing (including revenue cycle solutions) businesses.
68GF Score

Get the complete analysis for AMN

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.75
Price
$30.50
GF Value