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Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
MSCI Inc. is the larger business by last-quarter revenue ($822.5M vs $748.2M, roughly 1.1× AMN HEALTHCARE SERVICES INC). MSCI Inc. runs the higher net margin — 34.6% vs -1.0%, a 35.6% gap on every dollar of revenue. On growth, MSCI Inc. posted the faster year-over-year revenue change (10.6% vs 1.8%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $67.6M). Over the past eight quarters, MSCI Inc.'s revenue compounded faster (10.0% 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.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
AMN vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $748.2M | $822.5M |
| Net Profit | $-7.7M | $284.7M |
| Gross Margin | 26.1% | — |
| Operating Margin | 1.1% | 56.4% |
| Net Margin | -1.0% | 34.6% |
| Revenue YoY | 1.8% | 10.6% |
| Net Profit YoY | 95.9% | -6.8% |
| EPS (diluted) | $-0.19 | $3.81 |
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 | $822.5M | ||
| Q3 25 | $634.5M | $793.4M | ||
| Q2 25 | $658.2M | $772.7M | ||
| Q1 25 | $689.5M | $745.8M | ||
| Q4 24 | $734.7M | $743.5M | ||
| Q3 24 | $687.5M | $724.7M | ||
| Q2 24 | $740.7M | $707.9M | ||
| Q1 24 | $820.9M | $680.0M |
| Q4 25 | $-7.7M | $284.7M | ||
| Q3 25 | $29.3M | $325.4M | ||
| Q2 25 | $-116.2M | $303.6M | ||
| Q1 25 | $-1.1M | $288.6M | ||
| Q4 24 | $-187.5M | $305.5M | ||
| Q3 24 | $7.0M | $280.9M | ||
| Q2 24 | $16.2M | $266.8M | ||
| Q1 24 | $17.3M | $256.0M |
| 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% | 56.4% | ||
| Q3 25 | 7.5% | 56.4% | ||
| Q2 25 | -18.8% | 55.0% | ||
| Q1 25 | 1.8% | 50.6% | ||
| Q4 24 | -27.6% | 54.5% | ||
| Q3 24 | 3.2% | 55.4% | ||
| Q2 24 | 5.1% | 54.0% | ||
| Q1 24 | 4.9% | 49.9% |
| Q4 25 | -1.0% | 34.6% | ||
| Q3 25 | 4.6% | 41.0% | ||
| Q2 25 | -17.7% | 39.3% | ||
| Q1 25 | -0.2% | 38.7% | ||
| Q4 24 | -25.5% | 41.1% | ||
| Q3 24 | 1.0% | 38.8% | ||
| Q2 24 | 2.2% | 37.7% | ||
| Q1 24 | 2.1% | 37.6% |
| Q4 25 | $-0.19 | $3.81 | ||
| Q3 25 | $0.76 | $4.25 | ||
| Q2 25 | $-3.02 | $3.92 | ||
| Q1 25 | $-0.03 | $3.71 | ||
| Q4 24 | $-4.90 | $3.89 | ||
| Q3 24 | $0.18 | $3.57 | ||
| Q2 24 | $0.42 | $3.37 | ||
| Q1 24 | $0.45 | $3.22 |
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 | $515.3M |
| Total DebtLower is stronger | $767.1M | $6.2B |
| Stockholders' EquityBook value | $642.1M | $-2.7B |
| Total Assets | $2.1B | $5.7B |
| Debt / EquityLower = less leverage | 1.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $515.3M | ||
| Q3 25 | $52.6M | $400.1M | ||
| Q2 25 | $41.5M | $347.3M | ||
| Q1 25 | $55.8M | $360.7M | ||
| Q4 24 | $10.6M | $409.4M | ||
| Q3 24 | $30.6M | $501.0M | ||
| Q2 24 | $48.0M | $451.4M | ||
| Q1 24 | $50.6M | $519.3M |
| Q4 25 | $767.1M | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | $1.1B | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $642.1M | $-2.7B | ||
| Q3 25 | $644.4M | $-1.9B | ||
| Q2 25 | $607.6M | $-886.2M | ||
| Q1 25 | $715.1M | $-958.6M | ||
| Q4 24 | $706.6M | $-940.0M | ||
| Q3 24 | $890.7M | $-751.0M | ||
| Q2 24 | $876.9M | $-734.5M | ||
| Q1 24 | $854.2M | $-650.5M |
| Q4 25 | $2.1B | $5.7B | ||
| Q3 25 | $2.1B | $5.4B | ||
| Q2 25 | $2.2B | $5.4B | ||
| Q1 25 | $2.4B | $5.3B | ||
| Q4 24 | $2.4B | $5.4B | ||
| Q3 24 | $2.7B | $5.4B | ||
| Q2 24 | $2.8B | $5.5B | ||
| Q1 24 | $2.9B | $5.5B |
| 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 | $501.1M |
| Free Cash FlowOCF − Capex | $67.6M | $488.7M |
| FCF MarginFCF / Revenue | 9.0% | 59.4% |
| Capex IntensityCapex / Revenue | 1.1% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $233.8M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $501.1M | ||
| Q3 25 | $22.7M | $449.4M | ||
| Q2 25 | $78.5M | $336.1M | ||
| Q1 25 | $92.7M | $301.7M | ||
| Q4 24 | $72.8M | $430.6M | ||
| Q3 24 | $66.7M | $421.6M | ||
| Q2 24 | $99.5M | $349.2M | ||
| Q1 24 | $81.4M | $300.1M |
| Q4 25 | $67.6M | $488.7M | ||
| Q3 25 | $14.8M | $445.5M | ||
| Q2 25 | $68.7M | $324.7M | ||
| Q1 25 | $82.7M | $290.2M | ||
| Q4 24 | $56.6M | $416.4M | ||
| Q3 24 | $47.4M | $415.0M | ||
| Q2 24 | $72.2M | $340.6M | ||
| Q1 24 | $63.2M | $295.9M |
| Q4 25 | 9.0% | 59.4% | ||
| Q3 25 | 2.3% | 56.2% | ||
| Q2 25 | 10.4% | 42.0% | ||
| Q1 25 | 12.0% | 38.9% | ||
| Q4 24 | 7.7% | 56.0% | ||
| Q3 24 | 6.9% | 57.3% | ||
| Q2 24 | 9.8% | 48.1% | ||
| Q1 24 | 7.7% | 43.5% |
| Q4 25 | 1.1% | 1.5% | ||
| Q3 25 | 1.2% | 0.5% | ||
| Q2 25 | 1.5% | 1.5% | ||
| Q1 25 | 1.4% | 1.5% | ||
| Q4 24 | 2.2% | 1.9% | ||
| Q3 24 | 2.8% | 0.9% | ||
| Q2 24 | 3.7% | 1.2% | ||
| Q1 24 | 2.2% | 0.6% |
| Q4 25 | — | 1.76× | ||
| Q3 25 | 0.77× | 1.38× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | 9.54× | 1.50× | ||
| Q2 24 | 6.13× | 1.31× | ||
| Q1 24 | 4.70× | 1.17× |
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% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
