AMN Healthcare ServicesAMN -5.00%63 Return-on-Tangible-Asset is 18.85% as of Mar. 2026, which is 10% above its 10-year median of 17.11. GuruFocus rates AMN with a GF Score™ of 63/100 and a GF Value™ of $30.47 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 681 Healthcare Providers & Services companies, AMN Healthcare Services ranks worse than 68.28% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. AMN Healthcare Services's annualizedNet Income for the quarter that ended in Mar. 2026 was $249 Mil. AMN Healthcare Services's average total tangible assets for the quarter that ended in Mar. 2026 was $1,319 Mil. Therefore, AMN Healthcare Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.85%.
The historical rank and industry rank for AMN Healthcare Services's Return-on-Tangible-Asset or its related term are showing as below:
AMN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.87 Med: 17.11 Max: 27.74
Current: -2.71
During the past 13 years, AMN Healthcare Services's highest Return-on-Tangible-Asset was 27.74%. The lowest was -11.87%. And the median was 17.11%.
AMN's Return-on-Tangible-Asset is ranked worse than 68.28% of 681
companies
in the Healthcare Providers & Services industry
Industry Median: 2.43
vs AMN: -2.71
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
AMN Healthcare Services Return-on-Tangible-Asset Related Terms
AMN Healthcare Services Return-on-Tangible-Asset Historical Data
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The historical data trend for AMN Healthcare Services's Return-on-Tangible-Asset 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 PNTG, ARDT, NUTX: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, AMN Healthcare Services's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AMN Healthcare Services's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.85% mean?
AMN Healthcare Services (AMN) has a Return-on-Tangible-Asset of 18.85% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AMN Healthcare Services and its competitors. This is 10% above median its historical median of 17.11. According to the industry distribution chart, AMN Healthcare Services ranks #465 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 68.3%.
Is AMN Healthcare Services' Return-on-Tangible-Asset too high?
AMN Healthcare Services' current Return-on-Tangible-Asset of 18.85% is 10% above median its 10-year median of 17.11. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.43. AMN Healthcare Services' value of 18.85% is 675.7% above this industry median. Based on the distribution chart, AMN Healthcare Services ranks #465 out of 681 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, AMN Healthcare Services has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMN Healthcare Services' Return-on-Tangible-Asset compare to PNTG and ARDT?
According to the Healthcare Providers & Services industry distribution chart, AMN Healthcare Services ranks #465 out of 681 companies for Return-on-Tangible-Asset. This places AMN Healthcare Services in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.43. AMN Healthcare Services' value of 18.85% is 675.7% above this benchmark. While the company's 10-year median is 17.11 vs. the industry median of 2.43, AMN Healthcare Services has consistently been above 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 Return-on-Tangible-Asset for a Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.43, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AMN Healthcare Services's current Return-on-Tangible-Asset of 18.85% is 675.7% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AMN Healthcare Services and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMN Healthcare Services's current Return-on-Tangible-Asset is 18.85%, which is 10% above median its own 10-year median of 17.11. 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 $30.47, compared to a current price of $33.98 — trading 11.5% above its estimated fair value. The current Return-on-Tangible-Asset is 18.85%, which is 10% above median its 10-year median of 17.11 and 675.7% above the Healthcare Providers & Services industry median of 2.43. AMN Healthcare Services' overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current Return-on-Tangible-Asset is 18.85% 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 $33.98 is trading 11.5% above its estimated GF Value™ of $30.47.
GuruFocus considers AMN Healthcare Services to be Modestly Overvalued.
Key valuation signals for AMN:
Return-on-Tangible-Asset: 18.85% (10% above median its 10-year median of 17.11)
GF Value™: $30.47 vs. price of $33.98 (11.5% above fair value)
Industry Position: 675.7% above the Healthcare Providers & Services median (#465 of 681)
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.
63GF Score
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