AMN Healthcare Services (AMN) FY2015 results: revenue $1.5 billion, up 41.2% on the year
AMN Healthcare Services Inc. (AMN) reported revenue of $1.5 billion for fiscal 2015, the year ended 31 December 2015, up 41.2% on the year before. Net income was $82 million, up 146.5%, and diluted earnings per share $1.68. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2016.
Revenue
$1.5 billion
+41.2% on the year
FY2009FY2015
Operating margin
8.8%
6.6% a year earlier
FY2009FY2015
Net income
$82 million
+146.5% on the year
FY2009FY2015
Diluted EPS
$1.68
+143.5% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
1,463
1,036
1,012
+41.2%
Cost of revenue
994
720
715
+38.0%
Gross profit
469
316
297
+48.5%
Gross margin
32.1%
30.5%
29.4%
Selling, general and administrative
320
232
218
+37.6%
Operating income
129
67.9
65.5
+89.8%
Operating margin
8.8%
6.6%
6.5%
Interest expense
7.8
9.2
9.7
-15.7%
Pre-tax income
121
58.7
55.8
+106.4%
Income tax
39.2
25.4
22.9
+54.0%
Effective tax rate
32.4%
43.4%
41.0%
Net income
81.9
33.2
32.9
+146.5%
Net margin
5.6%
3.2%
3.3%
Diluted EPS
$1.68
$0.69
$0.69
+143.5%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
56.3
27.7
60.2
+103.5%
Capital expenditure
27.0
19.1
9.0
+41.2%
Free cash flow
29.3
8.5
51.1
+243.0%
Free cash flow margin
2.0%
0.8%
5.1%
Cash from investing
-116
-28.2
-49.2
Cash from financing
56.2
-2.1
-1.0
Depreciation and amortisation
21.0
16.0
13.5
+31.0%
Share-based compensation
10.3
7.2
6.1
+43.7%
Buybacks
0.0
0.0
n/a
Diluted shares, weighted
49m
48m
48m
+1.6%
Shares outstanding at period end
48m
47m
46m
+2.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
348
257
218
+35.6%
Debt
218
161
159
+35.5%
Other liabilities
314
264
228
+18.9%
Total liabilities and equity
880
682
604
+29.1%
Fixed assets
50.1
32.9
21.2
+52.5%
Goodwill
205
154
145
+32.6%
Intangible assets
175
153
150
+14.7%
Cash and equivalents
9.6
13.1
15.6
-26.7%
Receivables
278
186
147
+49.2%
Other assets
163
143
125
+14.1%
Total assets
880
682
604
+29.1%
10-K for the year ended 31 December 2015, filed 24 February 2016: the filing.