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Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
-13.3% YoYReported for FY 2025
Liabilities
-15.0% YoYReported for FY 2025
Equity
-9.1% YoYReported for FY 2025
Equity mix
+1.4 ppEquity share of the capital base
Table view
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jun 14, 2026. The filing-backed figures above are the current source of truth.
AMN Healthcare Services’ balance sheet shows a clear contraction over the five-year period. Total assets declined from about **$3.13 billion in 2021** to **$2.09 billion in 2025**, a reduction of roughly one-third, with the steepest drop occurring between **2023 and 2025**. Liabilities also fell over time, from **$1.97 billion** in 2021 to **$1.45 billion** in 2025, though not as sharply as assets in some years. As a result, stockholders’ equity decreased from **$1.16 billion** to **$642 million**, indicating that the company’s overall capital base has materially narrowed. There is some year-to-year volatility: assets dipped in 2022, rose modestly in 2023, then fell again in 2024 and 2025; liabilities followed a similar pattern, with a notable jump in 2023 before easing afterward. Equity has declined every year since 2021, reflecting ongoing balance-sheet shrinkage and likely reduced retained capital. In the healthcare staffing industry, these trends can align with normalization after pandemic-era demand and pricing conditions, as well as changes in working capital and contractor volumes. Overall, the company remains solvent with positive equity, but the trend suggests a smaller and somewhat less capitalized balance sheet than in prior years.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.