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AMN Healthcare ServicesAMN +16.88%64 Operating Margin % is 4.00% as of Jun. 2026, which is 57% below its 10-year median of 9.32. GuruFocus rates AMN with a GF Score™ of 64/100 and a GF Value™ of $28.43 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 664 Healthcare Providers & Services companies, AMN Healthcare Services ranks worse than 52.11% on this metric.
AMN Healthcare Services Inc operating margin has been in a 5-year decline. The average rate of decline per year is -28.6%.
The historical rank and industry rank for AMN Healthcare Services's Operating Margin % or its related term are showing as below:
AMN'
s Operating Margin % Range Over the Past 10 Years
Min: 1.21 Med: 9.32 Max: 12.34
Current: 4.68
AMN's Operating Margin % is ranked worse than 52.11% of 664
companies
in the Healthcare Providers & Services industry
Industry Median: 5.06
vs AMN: 4.68
AMN Healthcare Services's 5-Year Average Operating Margin % Growth Rate was -28.60% per year.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
AMN Healthcare Services Operating Margin % Related Terms
AMN Healthcare Services Operating Margin % Historical Data
* Premium members only.
The historical data trend for AMN Healthcare Services's Operating Margin % 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 vs USPH, PNTG, ARDT: Operating Margin % Comparison
For the Medical Care Facilities subindustry, AMN Healthcare Services's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's Operating Margin % distribution charts can be found below:
* The bar in red indicates where AMN Healthcare Services's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
AMN Healthcare Services's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (AMN) has a Operating Margin % of 4.00% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on AMN Healthcare Services and its competitors. This is 57% below median its historical median of 9.32. Over the past decade, AMN Healthcare Services' Operating Margin % has ranged from 1.21 to 12.34. According to the industry distribution chart, AMN Healthcare Services ranks #346 out of 664 companies in the Healthcare Providers & Services industry, placing it in the top 52.1%.
Is AMN Healthcare Services' Operating Margin % too high?
AMN Healthcare Services' current Operating Margin % of 4.00% is 57% below median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 12.34. The Healthcare Providers & Services industry median Operating Margin % is 5.06. AMN Healthcare Services' value of 4.00% is 20.9% below this industry median. Based on the distribution chart, AMN Healthcare Services ranks #346 out of 664 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, AMN Healthcare Services has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMN Healthcare Services' Operating Margin % compare to USPH and PNTG?
According to the Healthcare Providers & Services industry distribution chart, AMN Healthcare Services ranks #346 out of 664 companies for Operating Margin %. This places AMN Healthcare Services in the lower half of its industry. The industry median Operating Margin % is 5.06. AMN Healthcare Services' value of 4.00% is 20.9% below this benchmark. Historically, AMN Healthcare Services' own Operating Margin % has ranged from 1.21 to 12.34 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 5.06, AMN Healthcare Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Healthcare Providers & Services company?
The median Operating Margin % among Healthcare Providers & Services companies is 5.06, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AMN Healthcare Services's current Operating Margin % of 4.00% is 20.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on AMN Healthcare Services and its competitors. For the Healthcare Providers & Services industry, the median Operating Margin % is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMN Healthcare Services's current Operating Margin % is 4.00%, which is 57% below median its own 10-year median of 9.32. 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 $28.43, compared to a current price of $36.00 — trading 26.6% above its estimated fair value. The current Operating Margin % is 4.00%, which is 57% below median its 10-year median of 9.32 and 20.9% below the Healthcare Providers & Services industry median of 5.06. AMN Healthcare Services' overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current Operating Margin % is 4.00% as of Jun. 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 $36.00 is trading 26.6% above its estimated GF Value™ of $28.43.
GuruFocus considers AMN Healthcare Services to be Modestly Overvalued.
Key valuation signals for AMN:
Operating Margin %: 4.00% (57% below median its 10-year median of 9.32)
GF Value™: $28.43 vs. price of $36.00 (26.6% above fair value)
Industry Position: 20.9% below the Healthcare Providers & Services median (#346 of 664)
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 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.
64GF Score
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