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Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and Graham Holdings Co (GHC). Click either name above to swap in a different company.
Graham Holdings Co is the larger business by last-quarter revenue ($1.3B vs $748.2M, roughly 1.7× AMN HEALTHCARE SERVICES INC). Graham Holdings Co runs the higher net margin — 8.7% vs -1.0%, a 9.7% gap on every dollar of revenue. On growth, AMN HEALTHCARE SERVICES INC posted the faster year-over-year revenue change (1.8% vs 0.4%). AMN HEALTHCARE SERVICES INC produced more free cash flow last quarter ($67.6M vs $5.0M). Over the past eight quarters, Graham Holdings Co's revenue compounded faster (4.2% CAGR vs -4.5%).
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.
Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.
AMN vs GHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $748.2M | $1.3B |
| Net Profit | $-7.7M | $108.7M |
| Gross Margin | 26.1% | — |
| Operating Margin | 1.1% | 3.8% |
| Net Margin | -1.0% | 8.7% |
| Revenue YoY | 1.8% | 0.4% |
| Net Profit YoY | 95.9% | -80.2% |
| EPS (diluted) | $-0.19 | $24.76 |
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.
| Q4 25 | $748.2M | $1.3B | ||
| Q3 25 | $634.5M | $1.3B | ||
| Q2 25 | $658.2M | $1.2B | ||
| Q1 25 | $689.5M | $1.2B | ||
| Q4 24 | $734.7M | $1.2B | ||
| Q3 24 | $687.5M | $1.2B | ||
| Q2 24 | $740.7M | $1.2B | ||
| Q1 24 | $820.9M | $1.2B |
| Q4 25 | $-7.7M | $108.7M | ||
| Q3 25 | $29.3M | $122.9M | ||
| Q2 25 | $-116.2M | $36.7M | ||
| Q1 25 | $-1.1M | $23.9M | ||
| Q4 24 | $-187.5M | $548.8M | ||
| Q3 24 | $7.0M | $72.5M | ||
| Q2 24 | $16.2M | $-21.0M | ||
| Q1 24 | $17.3M | $124.4M |
| 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% | — | ||
| Q1 24 | 31.4% | — |
| Q4 25 | 1.1% | 3.8% | ||
| Q3 25 | 7.5% | 5.2% | ||
| Q2 25 | -18.8% | 6.0% | ||
| Q1 25 | 1.8% | 4.1% | ||
| Q4 24 | -27.6% | 5.8% | ||
| Q3 24 | 3.2% | 6.8% | ||
| Q2 24 | 5.1% | 2.2% | ||
| Q1 24 | 4.9% | 3.1% |
| Q4 25 | -1.0% | 8.7% | ||
| Q3 25 | 4.6% | 9.6% | ||
| Q2 25 | -17.7% | 3.0% | ||
| Q1 25 | -0.2% | 2.0% | ||
| Q4 24 | -25.5% | 44.1% | ||
| Q3 24 | 1.0% | 6.0% | ||
| Q2 24 | 2.2% | -1.8% | ||
| Q1 24 | 2.1% | 10.8% |
| Q4 25 | $-0.19 | $24.76 | ||
| Q3 25 | $0.76 | $27.91 | ||
| Q2 25 | $-3.02 | $8.35 | ||
| Q1 25 | $-0.03 | $5.45 | ||
| Q4 24 | $-4.90 | $124.05 | ||
| Q3 24 | $0.18 | $16.42 | ||
| Q2 24 | $0.42 | $-4.79 | ||
| Q1 24 | $0.45 | $27.72 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.0M | $267.0M |
| Total DebtLower is stronger | $767.1M | — |
| Stockholders' EquityBook value | $642.1M | $4.8B |
| Total Assets | $2.1B | $8.4B |
| Debt / EquityLower = less leverage | 1.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $267.0M | ||
| Q3 25 | $52.6M | $190.8M | ||
| Q2 25 | $41.5M | $176.2M | ||
| Q1 25 | $55.8M | $156.7M | ||
| Q4 24 | $10.6M | $260.9M | ||
| Q3 24 | $30.6M | $244.4M | ||
| Q2 24 | $48.0M | $140.7M | ||
| Q1 24 | $50.6M | $130.9M |
| Q4 25 | $767.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $642.1M | $4.8B | ||
| Q3 25 | $644.4M | $4.5B | ||
| Q2 25 | $607.6M | $4.4B | ||
| Q1 25 | $715.1M | $4.3B | ||
| Q4 24 | $706.6M | $4.3B | ||
| Q3 24 | $890.7M | $4.0B | ||
| Q2 24 | $876.9M | $4.0B | ||
| Q1 24 | $854.2M | $4.0B |
| Q4 25 | $2.1B | $8.4B | ||
| Q3 25 | $2.1B | $7.9B | ||
| Q2 25 | $2.2B | $7.6B | ||
| Q1 25 | $2.4B | $7.6B | ||
| Q4 24 | $2.4B | $7.7B | ||
| Q3 24 | $2.7B | $7.4B | ||
| Q2 24 | $2.8B | $7.2B | ||
| Q1 24 | $2.9B | $7.3B |
| Q4 25 | 1.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $75.6M | $28.3M |
| Free Cash FlowOCF − Capex | $67.6M | $5.0M |
| FCF MarginFCF / Revenue | 9.0% | 0.4% |
| Capex IntensityCapex / Revenue | 1.1% | 1.9% |
| Cash ConversionOCF / Net Profit | — | 0.26× |
| TTM Free Cash FlowTrailing 4 quarters | $233.8M | $275.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $28.3M | ||
| Q3 25 | $22.7M | $178.1M | ||
| Q2 25 | $78.5M | $94.8M | ||
| Q1 25 | $92.7M | $46.0M | ||
| Q4 24 | $72.8M | $116.3M | ||
| Q3 24 | $66.7M | $237.6M | ||
| Q2 24 | $99.5M | $52.0M | ||
| Q1 24 | $81.4M | $1.1M |
| Q4 25 | $67.6M | $5.0M | ||
| Q3 25 | $14.8M | $161.8M | ||
| Q2 25 | $68.7M | $78.0M | ||
| Q1 25 | $82.7M | $30.5M | ||
| Q4 24 | $56.6M | $91.1M | ||
| Q3 24 | $47.4M | $219.4M | ||
| Q2 24 | $72.2M | $33.7M | ||
| Q1 24 | $63.2M | $-20.2M |
| Q4 25 | 9.0% | 0.4% | ||
| Q3 25 | 2.3% | 12.6% | ||
| Q2 25 | 10.4% | 6.4% | ||
| Q1 25 | 12.0% | 2.6% | ||
| Q4 24 | 7.7% | 7.3% | ||
| Q3 24 | 6.9% | 18.2% | ||
| Q2 24 | 9.8% | 2.8% | ||
| Q1 24 | 7.7% | -1.8% |
| Q4 25 | 1.1% | 1.9% | ||
| Q3 25 | 1.2% | 1.3% | ||
| Q2 25 | 1.5% | 1.4% | ||
| Q1 25 | 1.4% | 1.3% | ||
| Q4 24 | 2.2% | 2.0% | ||
| Q3 24 | 2.8% | 1.5% | ||
| Q2 24 | 3.7% | 1.5% | ||
| Q1 24 | 2.2% | 1.8% |
| Q4 25 | — | 0.26× | ||
| Q3 25 | 0.77× | 1.45× | ||
| Q2 25 | — | 2.58× | ||
| Q1 25 | — | 1.93× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | 9.54× | 3.28× | ||
| Q2 24 | 6.13× | — | ||
| Q1 24 | 4.70× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMN
| Travel Nurse Staffing | $208.3M | 28% |
| Allied Staffing | $146.9M | 20% |
| Labor Disruption Services | $124.3M | 17% |
| Technology And Workforce Solutions | $88.0M | 12% |
| Language Services | $69.9M | 9% |
| Other | $29.6M | 4% |
| International Nurse Staffing | $29.6M | 4% |
| Interim Leadership Staffing | $24.1M | 3% |
| Vendor Management Systems | $16.3M | 2% |
| Local Staffing | $8.6M | 1% |
| International Nurse Permanent Placement | $2.6M | 0% |
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
