AMN Healthcare ServicesAMN -1.16%68 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates AMN with a GF Score™ of 68/100 and a GF Value™ of $30.54 (Fairly Valued). The stock has 8 warning signs investors should review. Among 581 Healthcare Providers & Services companies, AMN Healthcare Services ranks worse than 172116.87% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. AMN Healthcare Services's annualized net income for the quarter that ended in Mar. 2026 was $249 Mil. AMN Healthcare Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-353 Mil. Therefore, AMN Healthcare Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for AMN Healthcare Services's Return-on-Tangible-Equity or its related term are showing as below:
AMN's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.93 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
AMN Healthcare Services Return-on-Tangible-Equity Related Terms
AMN Healthcare Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AMN Healthcare Services's Return-on-Tangible-Equity 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-Equity Comparison
For the Medical Care Facilities subindustry, AMN Healthcare Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AMN Healthcare Services's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
AMN Healthcare Services (AMN) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AMN Healthcare Services and its competitors. According to the industry distribution chart, AMN Healthcare Services ranks #999999 out of 581 companies in the Healthcare Providers & Services industry.
Is AMN Healthcare Services' Return-on-Tangible-Equity too high?
AMN Healthcare Services' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, AMN Healthcare Services ranks #999999 out of 581 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, AMN Healthcare Services has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AMN Healthcare Services' Return-on-Tangible-Equity compare to PNTG and ARDT?
According to the Healthcare Providers & Services industry distribution chart, AMN Healthcare Services ranks #999999 out of 581 companies for Return-on-Tangible-Equity. This places AMN Healthcare Services in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.93. 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-Equity for a Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 9.93, based on 581 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AMN Healthcare Services and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 9.93 — 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-Equity is Negative Tangible Equity%. 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 Fairly Valued. The stock's GF Value™ is $30.54, compared to a current price of $32.38 — trading 6% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 $32.38 is trading 6% above its estimated GF Value™ of $30.54.
GuruFocus considers AMN Healthcare Services to be Fairly Valued.
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.
68GF Score
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