AMN Healthcare Services vs Astrana Health
Astrana Health is the larger business, with $3.18bn of revenue in fiscal 2025 against $2.73bn for AMN Healthcare Services (1.2 times as much). Astrana Health grew faster (56.4% against -8.5%). Astrana Health kept more of each dollar of sales as profit: a net margin of 0.7% against -3.5%. AMN Healthcare Services carries less debt relative to equity (120.7% against 135.0%).
| Latest fiscal year | AMN Healthcare ServicesAMN, 2025 | Astrana HealthASTH, 2025 |
|---|---|---|
| Revenue | $2.73bn | $3.18bn |
| Revenue growth | -8.5% | 56.4% |
| Net income | −$95.7m | $22.5m |
| Operating margin | -2.0% | 2.5% |
| Net margin | -3.5% | 0.7% |
| Return on equity | -14.2% | 3.0% |
| Free cash flow | $234m | $104m |
| Cash | $34.0m | $429m |
| Total debt | $775m | $1.05bn |
| Debt to equity | 120.7% | 135.0% |
| Dividend per share | — | — |
| Dividend yield | — | 0.1% |
| Share buybacks | $0 | $25.6m |
| Employees | — | 3,000 |
| Market value | $1.77bn | $1.80bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 62 (Moderate) | 36 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |