AMN (AMN Healthcare Services) ROE %: 36.71% (As of Mar. 2026) — 59% Above Median


AMN AMN Healthcare Services Inc AMN
68 GF Score
Price $31.72
GF Value $30.54
Valuation Fairly Valued
! 8 Warning Signs
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What is AMN Healthcare Services ROE %?

AMN Healthcare Services AMN 68 ROE % is 36.71% as of Mar. 2026, which is 59% above its 10-year median of 23.03. 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 628 Healthcare Providers & Services companies, AMN Healthcare Services ranks worse than 75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AMN Healthcare Services's annualized net income for the quarter that ended in Mar. 2026 was $249 Mil. AMN Healthcare Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $677 Mil. Therefore, AMN Healthcare Services's annualized ROE % for the quarter that ended in Mar. 2026 was 36.71%.

The historical rank and industry rank for AMN Healthcare Services's ROE % or its related term are showing as below:

AMN' s ROE % Range Over the Past 10 Years
Min: -19.11   Med: 23.03   Max: 40.26
Current: -4.88

During the past 13 years, AMN Healthcare Services's highest ROE % was 40.26%. The lowest was -19.11%. And the median was 23.03%.

AMN's ROE % is ranked worse than
75% of 628 companies
in the Healthcare Providers & Services industry
Industry Median: 5.72 vs AMN: -4.88

AMN Healthcare Services  (NYSE:AMN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=248.664/677.456
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(248.664 / 5513.444)*(5513.444 / 2349.24)*(2349.24 / 677.456)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.51 %*2.3469*3.4677
=ROA %*Equity Multiplier
=10.58 %*3.4677
=36.71 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=248.664/677.456
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (248.664 / 441.836) * (441.836 / 468.684) * (468.684 / 5513.444) * (5513.444 / 2349.24) * (2349.24 / 677.456)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5628 * 0.9427 * 8.5 % * 2.3469 * 3.4677
=36.71 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


AMN Healthcare Services ROE % Related Terms


AMN Healthcare Services ROE % Historical Data

* Premium members only.

The historical data trend for AMN Healthcare Services's ROE % 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 ROE % Chart

AMN Healthcare Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.04 40.26 22.47 -19.11 -14.19

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
ROE % 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 -0.61 -70.28 18.71 -4.79 36.71

AMN vs PNTG, INNV, USPH: ROE % Comparison

For the Medical Care Facilities subindustry, AMN Healthcare Services's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's ROE % distribution charts can be found below:

* The bar in red indicates where AMN Healthcare Services's ROE % falls into.


AMN
68GF Score
AMN Healthcare Services Inc AMN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AMN Healthcare Services ROE % Calculation

AMN Healthcare Services's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-95.702/( (706.62+642.106)/ 2 )
=-95.702/674.363
=-14.19 %

AMN Healthcare Services's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=248.664/( (642.106+712.806)/ 2 )
=248.664/677.456
=36.71 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 36.71% mean?
AMN Healthcare Services (AMN) has a ROE % of 36.71% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on AMN Healthcare Services and its competitors. This is 59% above median its historical median of 23.03. According to the industry distribution chart, AMN Healthcare Services ranks #471 out of 628 companies in the Healthcare Providers & Services industry, placing it in the top 75%.
Is AMN Healthcare Services' ROE % too high?
AMN Healthcare Services' current ROE % of 36.71% is 59% above median its 10-year median of 23.03. The Healthcare Providers & Services industry median ROE % is 5.72. AMN Healthcare Services' value of 36.71% is 541.8% above this industry median. Based on the distribution chart, AMN Healthcare Services ranks #471 out of 628 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. 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' ROE % compare to PNTG and INNV?
According to the Healthcare Providers & Services industry distribution chart, AMN Healthcare Services ranks #471 out of 628 companies for ROE %. This places AMN Healthcare Services in the lower half of its industry. The industry median ROE % is 5.72. AMN Healthcare Services' value of 36.71% is 541.8% above this benchmark. While the company's 10-year median is 23.03 vs. the industry median of 5.72, 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 ROE % for a Healthcare Providers & Services company?
The median ROE % among Healthcare Providers & Services companies is 5.72, based on 628 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AMN Healthcare Services's current ROE % of 36.71% is 541.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on AMN Healthcare Services and its competitors. For the Healthcare Providers & Services industry, the median ROE % is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMN Healthcare Services's current ROE % is 36.71%, which is 59% above median its own 10-year median of 23.03. 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 $31.72 — trading 3.9% above its estimated fair value. The current ROE % is 36.71%, which is 59% above median its 10-year median of 23.03 and 541.8% above the Healthcare Providers & Services industry median of 5.72. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current ROE % is 36.71% 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 $31.72 is trading 3.9% above its estimated GF Value™ of $30.54. GuruFocus considers AMN Healthcare Services to be Fairly Valued.

Key valuation signals for AMN:

  • ROE %: 36.71% (59% above median its 10-year median of 23.03)
  • GF Value™: $30.54 vs. price of $31.72 (3.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 541.8% above the Healthcare Providers & Services median (#471 of 628)

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

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.72
Price
$30.54
GF Value