AMN (AMN Healthcare Services) Scaled Net Operating Assets: 0.44 (As of Mar. 2026)


AMN AMN Healthcare Services Inc AMN
68 GF Score
Price $31.32
GF Value $30.54
Valuation Fairly Valued
! 8 Warning Signs
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What is AMN Healthcare Services Scaled Net Operating Assets?

AMN Healthcare Services AMN -1.26% 68 Scaled Net Operating Assets is 0.44 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

AMN Healthcare Services's operating assets for the quarter that ended in Mar. 2026 was $2,044 Mil. AMN Healthcare Services's operating liabilities for the quarter that ended in Mar. 2026 was $1,115 Mil. AMN Healthcare Services's Total Assets for the quarter that ended in Dec. 2025 was $2,094 Mil. Therefore, AMN Healthcare Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.

AMN Healthcare Services Scaled Net Operating Assets Historical Data

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The historical data trend for AMN Healthcare Services's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

AMN Healthcare Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.59 0.74 0.61 0.58

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
Scaled Net Operating Assets 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 0.70 0.64 0.67 0.66 0.44

AMN vs PNTG, INNV, USPH: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, AMN Healthcare Services's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AMN Healthcare Services's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where AMN Healthcare Services's Scaled Net Operating Assets falls into.


AMN
68GF Score
AMN Healthcare Services Inc AMN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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AMN Healthcare Services Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

AMN Healthcare Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2060.135-648.799)/2415.727
=0.58

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2094.107 - 33.972
=2060.135

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1452.001 - 797.193 - 6.009
=648.799

AMN Healthcare Services's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2043.635-1114.65)/2094.107
=0.44

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2604.373 - 560.738
=2043.635

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1891.567 - 771.118 - 5.799
=1114.65

* 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.

What does a Scaled Net Operating Assets of 0.44 mean?
AMN Healthcare Services (AMN) has a Scaled Net Operating Assets of 0.44 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on AMN Healthcare Services and its competitors.
Is AMN Healthcare Services' Scaled Net Operating Assets too high?
AMN Healthcare Services' current Scaled Net Operating Assets is 0.44. 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' Scaled Net Operating Assets compare to PNTG and INNV?
AMN Healthcare Services' Scaled Net Operating Assets of 0.44 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 Scaled Net Operating Assets for a Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on AMN Healthcare Services and its competitors. AMN Healthcare Services's current Scaled Net Operating Assets is 0.44. 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 $31.32 — trading 2.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For AMN Healthcare Services (AMN), the current Scaled Net Operating Assets is 0.44 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 $31.32 is trading 2.6% above its estimated GF Value™ of $30.54. GuruFocus considers AMN Healthcare Services to be Fairly Valued.

Key valuation signals for AMN:

  • Scaled Net Operating Assets: 0.44
  • GF Value™: $30.54 vs. price of $31.32 (2.6% 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

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.32
Price
$30.54
GF Value