AMN Healthcare Services Inc AMN

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
33/100
Developing

About AMN Healthcare Services Inc

AMN Healthcare Services, Inc. provides technology-enabled healthcare workforce solutions and staffing services to acute and sub-acute care hospitals, and other healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. It offers travel nurse staffing, labor disruption staffing, local staffing, international nurse permanent placement, allied staffing, … Full AMN analysis →

Competitive advantage assessment

Key strengths

  • Cash Generation Consistent Cash generation is consistent (score 0.73), indicating reliable business model.
  • Consistent Cash Generation Cash generation is strong and consistent (score 0.73).

Key risks

  • ROIC Below WACC or Peers ROIC at 34.6th percentile suggests inefficient capital deployment.
  • Elevated Debt Risk Debt serviceability is weak (score 0.25), raising refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
27

Where AMN ranks in Medical Care Facilities

AMN Healthcare Services Inc ranks #39 of 58 scored companies in Medical Care Facilities by moat score — the top 67%. The widest moat in the group is Encompass Health Corporation (EHC) at 77/100.

Moat scores for companies ranked near AMN in Medical Care Facilities
# Company Moat score Rating
35 The Joint Corp. JYNT 38/100 Developing
36 Sonida Senior Living, Inc. SNDA 37/100 Developing
37 American Oncology Network, Inc. AONC 36/100 Developing
38 American Oncology Network, Inc. AONCW 36/100 Developing
39 AMN Healthcare Services Inc AMN 33/100 Developing
40 Cross Country Healthcare, Inc. CCRN 33/100 Developing
41 DocGo Inc. DCGO 32/100 Developing
42 The Oncology Institute, Inc. TOI 29/100 Developing
43 The Oncology Institute, Inc. TOIIW 28/100 Developing

See every General Corporate company ranked by moat score →

How AMN scores on the Corporate Default defenses

Pricing Power

Score 27 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 37 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 51 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 24 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 33 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 29 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding AMN's moat

What is AMN Healthcare Services Inc's moat score?

AMN Healthcare Services Inc (AMN) scores 33 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #39 of 58 scored companies in Medical Care Facilities, the top 67%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 57 companies in Medical Care Facilities. Its strongest defense is Customer Stickiness (51/100) and its weakest is Capital Efficiency (24/100).

How does AMN Healthcare Services Inc compare with other Medical Care Facilities companies?

AMN Healthcare Services Inc ranks #39 of 58 scored companies in Medical Care Facilities by moat score. The widest moat in Medical Care Facilities is Encompass Health Corporation (EHC) at 77/100. The companies ranked closest are American Oncology Network, Inc. (AONCW) at 36 just above it and Cross Country Healthcare, Inc. (CCRN) at 33 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 57 companies in Medical Care Facilities. The defenses are then weighted to produce the overall score out of 100.

Why is AMN Healthcare Services Inc scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for AMN Healthcare Services Inc?

The Corporate Default template measures 6 defenses, and AMN scores: Pricing Power (27), Cost Advantage (37), Customer Stickiness (51), Capital Efficiency (24), Resilience (33), Scale & Market Position (29). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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