vs

Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and BLACK HILLS CORP (BKH). Click either name above to swap in a different company.

AMN HEALTHCARE SERVICES INC is the larger business by last-quarter revenue ($1.4B vs $241.6M, roughly 5.7× BLACK HILLS CORP). BLACK HILLS CORP runs the higher net margin — 55.1% vs 4.5%, a 50.6% gap on every dollar of revenue. On growth, AMN HEALTHCARE SERVICES INC posted the faster year-over-year revenue change (100.0% vs -3.0%). Over the past eight quarters, AMN HEALTHCARE SERVICES INC's revenue compounded faster (36.4% CAGR vs -22.0%).

AMN Healthcare Services Inc. is a leading US healthcare sector workforce solutions and staffing provider. It offers temporary and permanent placement for nurses, physicians, allied health and other clinical/non-clinical staff, plus workforce management tools and consulting for hospitals, clinics and other medical facilities.

Black Hills Corporation is an American diversified energy company that is an electric and gas utility in South Dakota, Montana, Wyoming, Colorado, Arkansas, Kansas, Nebraska, and Iowa. The company sells power throughout the American West. The company is based in Rapid City, South Dakota. It derives its name from its home in the Black Hills of South Dakota.

AMN vs BKH — Head-to-Head

Bigger by revenue
AMN
AMN
5.7× larger
AMN
$1.4B
$241.6M
BKH
Growing faster (revenue YoY)
AMN
AMN
+103.0% gap
AMN
100.0%
-3.0%
BKH
Higher net margin
BKH
BKH
50.6% more per $
BKH
55.1%
4.5%
AMN
Faster 2-yr revenue CAGR
AMN
AMN
Annualised
AMN
36.4%
-22.0%
BKH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AMN
AMN
BKH
BKH
Revenue
$1.4B
$241.6M
Net Profit
$62.2M
$133.1M
Gross Margin
26.8%
Operating Margin
8.5%
83.6%
Net Margin
4.5%
55.1%
Revenue YoY
100.0%
-3.0%
Net Profit YoY
-2.4%
EPS (diluted)
$1.59
$1.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMN
AMN
BKH
BKH
Q1 26
$1.4B
$241.6M
Q4 25
$748.2M
$622.7M
Q3 25
$634.5M
$427.4M
Q2 25
$658.2M
$435.7M
Q1 25
$689.5M
$800.4M
Q4 24
$734.7M
$585.1M
Q3 24
$687.5M
$398.6M
Q2 24
$740.7M
$397.1M
Net Profit
AMN
AMN
BKH
BKH
Q1 26
$62.2M
$133.1M
Q4 25
$-7.7M
$104.9M
Q3 25
$29.3M
$24.9M
Q2 25
$-116.2M
$27.5M
Q1 25
$-1.1M
$134.3M
Q4 24
$-187.5M
$98.0M
Q3 24
$7.0M
$24.4M
Q2 24
$16.2M
$22.8M
Gross Margin
AMN
AMN
BKH
BKH
Q1 26
26.8%
Q4 25
26.1%
Q3 25
29.1%
Q2 25
29.8%
Q1 25
28.7%
Q4 24
29.8%
Q3 24
31.0%
Q2 24
31.0%
Operating Margin
AMN
AMN
BKH
BKH
Q1 26
8.5%
83.6%
Q4 25
1.1%
27.5%
Q3 25
7.5%
18.4%
Q2 25
-18.8%
18.9%
Q1 25
1.8%
25.6%
Q4 24
-27.6%
27.9%
Q3 24
3.2%
19.0%
Q2 24
5.1%
17.8%
Net Margin
AMN
AMN
BKH
BKH
Q1 26
4.5%
55.1%
Q4 25
-1.0%
16.8%
Q3 25
4.6%
5.8%
Q2 25
-17.7%
6.3%
Q1 25
-0.2%
16.8%
Q4 24
-25.5%
16.7%
Q3 24
1.0%
6.1%
Q2 24
2.2%
5.7%
EPS (diluted)
AMN
AMN
BKH
BKH
Q1 26
$1.59
$1.73
Q4 25
$-0.19
$1.39
Q3 25
$0.76
$0.34
Q2 25
$-3.02
$0.38
Q1 25
$-0.03
$1.87
Q4 24
$-4.90
$1.36
Q3 24
$0.18
$0.35
Q2 24
$0.42
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMN
AMN
BKH
BKH
Cash + ST InvestmentsLiquidity on hand
$560.7M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMN
AMN
BKH
BKH
Q1 26
$560.7M
Q4 25
$34.0M
$182.8M
Q3 25
$52.6M
$21.1M
Q2 25
$41.5M
$8.1M
Q1 25
$55.8M
$6.6M
Q4 24
$10.6M
$16.1M
Q3 24
$30.6M
$12.5M
Q2 24
$48.0M
$624.8M
Total Debt
AMN
AMN
BKH
BKH
Q1 26
Q4 25
$767.1M
Q3 25
Q2 25
Q1 25
Q4 24
$1.1B
Q3 24
Q2 24
Stockholders' Equity
AMN
AMN
BKH
BKH
Q1 26
Q4 25
$642.1M
$3.8B
Q3 25
$644.4M
$3.8B
Q2 25
$607.6M
$3.6B
Q1 25
$715.1M
$3.6B
Q4 24
$706.6M
$3.5B
Q3 24
$890.7M
$3.4B
Q2 24
$876.9M
$3.4B
Total Assets
AMN
AMN
BKH
BKH
Q1 26
$2.6B
Q4 25
$2.1B
$10.9B
Q3 25
$2.1B
$10.3B
Q2 25
$2.2B
$10.1B
Q1 25
$2.4B
$10.1B
Q4 24
$2.4B
$10.0B
Q3 24
$2.7B
$9.7B
Q2 24
$2.8B
$10.2B
Debt / Equity
AMN
AMN
BKH
BKH
Q1 26
Q4 25
1.19×
Q3 25
Q2 25
Q1 25
Q4 24
1.49×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMN
AMN
BKH
BKH
Operating Cash FlowLast quarter
$562.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
9.04×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMN
AMN
BKH
BKH
Q1 26
$562.5M
Q4 25
$75.6M
$168.1M
Q3 25
$22.7M
$88.9M
Q2 25
$78.5M
$188.6M
Q1 25
$92.7M
$227.8M
Q4 24
$72.8M
$153.2M
Q3 24
$66.7M
$102.1M
Q2 24
$99.5M
$230.6M
Free Cash Flow
AMN
AMN
BKH
BKH
Q1 26
Q4 25
$67.6M
$-101.5M
Q3 25
$14.8M
$-89.5M
Q2 25
$68.7M
$-30.3M
Q1 25
$82.7M
$74.9M
Q4 24
$56.6M
$-60.5M
Q3 24
$47.4M
$-86.0M
Q2 24
$72.2M
$64.4M
FCF Margin
AMN
AMN
BKH
BKH
Q1 26
Q4 25
9.0%
-16.3%
Q3 25
2.3%
-20.9%
Q2 25
10.4%
-7.0%
Q1 25
12.0%
9.4%
Q4 24
7.7%
-10.3%
Q3 24
6.9%
-21.6%
Q2 24
9.8%
16.2%
Capex Intensity
AMN
AMN
BKH
BKH
Q1 26
Q4 25
1.1%
43.3%
Q3 25
1.2%
41.7%
Q2 25
1.5%
50.2%
Q1 25
1.4%
19.1%
Q4 24
2.2%
36.5%
Q3 24
2.8%
47.2%
Q2 24
3.7%
41.9%
Cash Conversion
AMN
AMN
BKH
BKH
Q1 26
9.04×
Q4 25
1.60×
Q3 25
0.77×
3.57×
Q2 25
6.86×
Q1 25
1.70×
Q4 24
1.56×
Q3 24
9.54×
4.18×
Q2 24
6.13×
10.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons