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

Zoetis is the larger business by last-quarter revenue ($2.3B vs $1.4B, roughly 1.6× AMN HEALTHCARE SERVICES INC). Zoetis runs the higher net margin — 26.6% vs 4.5%, a 22.1% gap on every dollar of revenue. On growth, AMN HEALTHCARE SERVICES INC posted the faster year-over-year revenue change (100.0% vs 2.9%). Over the past eight quarters, AMN HEALTHCARE SERVICES INC's revenue compounded faster (36.4% CAGR vs -2.1%).

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.

Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total re...

AMN vs ZTS — Head-to-Head

Bigger by revenue
ZTS
ZTS
1.6× larger
ZTS
$2.3B
$1.4B
AMN
Growing faster (revenue YoY)
AMN
AMN
+97.1% gap
AMN
100.0%
2.9%
ZTS
Higher net margin
ZTS
ZTS
22.1% more per $
ZTS
26.6%
4.5%
AMN
Faster 2-yr revenue CAGR
AMN
AMN
Annualised
AMN
36.4%
-2.1%
ZTS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AMN
AMN
ZTS
ZTS
Revenue
$1.4B
$2.3B
Net Profit
$62.2M
$601.0M
Gross Margin
26.8%
71.7%
Operating Margin
8.5%
Net Margin
4.5%
26.6%
Revenue YoY
100.0%
2.9%
Net Profit YoY
-0.2%
EPS (diluted)
$1.59
$1.42

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
ZTS
ZTS
Q1 26
$1.4B
$2.3B
Q4 25
$748.2M
$2.4B
Q3 25
$634.5M
$2.4B
Q2 25
$658.2M
$2.5B
Q1 25
$689.5M
$2.2B
Q4 24
$734.7M
$2.3B
Q3 24
$687.5M
$2.4B
Q2 24
$740.7M
$2.4B
Net Profit
AMN
AMN
ZTS
ZTS
Q1 26
$62.2M
$601.0M
Q4 25
$-7.7M
$603.0M
Q3 25
$29.3M
$721.0M
Q2 25
$-116.2M
$718.0M
Q1 25
$-1.1M
$631.0M
Q4 24
$-187.5M
$581.0M
Q3 24
$7.0M
$682.0M
Q2 24
$16.2M
$624.0M
Gross Margin
AMN
AMN
ZTS
ZTS
Q1 26
26.8%
71.7%
Q4 25
26.1%
70.2%
Q3 25
29.1%
71.5%
Q2 25
29.8%
73.6%
Q1 25
28.7%
72.0%
Q4 24
29.8%
69.5%
Q3 24
31.0%
70.6%
Q2 24
31.0%
71.7%
Operating Margin
AMN
AMN
ZTS
ZTS
Q1 26
8.5%
Q4 25
1.1%
31.9%
Q3 25
7.5%
37.0%
Q2 25
-18.8%
36.7%
Q1 25
1.8%
36.5%
Q4 24
-27.6%
31.6%
Q3 24
3.2%
36.6%
Q2 24
5.1%
33.0%
Net Margin
AMN
AMN
ZTS
ZTS
Q1 26
4.5%
26.6%
Q4 25
-1.0%
25.3%
Q3 25
4.6%
30.0%
Q2 25
-17.7%
29.2%
Q1 25
-0.2%
28.4%
Q4 24
-25.5%
25.1%
Q3 24
1.0%
28.6%
Q2 24
2.2%
26.4%
EPS (diluted)
AMN
AMN
ZTS
ZTS
Q1 26
$1.59
$1.42
Q4 25
$-0.19
$1.37
Q3 25
$0.76
$1.63
Q2 25
$-3.02
$1.61
Q1 25
$-0.03
$1.41
Q4 24
$-4.90
$1.29
Q3 24
$0.18
$1.50
Q2 24
$0.42
$1.37

Balance Sheet & Financial Strength

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

Metric
AMN
AMN
ZTS
ZTS
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
ZTS
ZTS
Q1 26
$560.7M
Q4 25
$34.0M
Q3 25
$52.6M
$2.1B
Q2 25
$41.5M
$1.4B
Q1 25
$55.8M
$1.7B
Q4 24
$10.6M
$2.0B
Q3 24
$30.6M
$1.7B
Q2 24
$48.0M
$1.6B
Total Debt
AMN
AMN
ZTS
ZTS
Q1 26
Q4 25
$767.1M
Q3 25
Q2 25
Q1 25
Q4 24
$1.1B
Q3 24
Q2 24
Stockholders' Equity
AMN
AMN
ZTS
ZTS
Q1 26
Q4 25
$642.1M
$3.3B
Q3 25
$644.4M
$5.4B
Q2 25
$607.6M
$5.0B
Q1 25
$715.1M
$4.7B
Q4 24
$706.6M
$4.8B
Q3 24
$890.7M
$5.2B
Q2 24
$876.9M
$5.0B
Total Assets
AMN
AMN
ZTS
ZTS
Q1 26
$2.6B
Q4 25
$2.1B
$15.5B
Q3 25
$2.1B
$15.2B
Q2 25
$2.2B
$14.5B
Q1 25
$2.4B
$14.1B
Q4 24
$2.4B
$14.2B
Q3 24
$2.7B
$14.4B
Q2 24
$2.8B
$14.2B
Debt / Equity
AMN
AMN
ZTS
ZTS
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
ZTS
ZTS
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
ZTS
ZTS
Q1 26
$562.5M
Q4 25
$75.6M
$893.0M
Q3 25
$22.7M
$938.0M
Q2 25
$78.5M
$486.0M
Q1 25
$92.7M
$587.0M
Q4 24
$72.8M
$905.0M
Q3 24
$66.7M
$951.0M
Q2 24
$99.5M
$502.0M
Free Cash Flow
AMN
AMN
ZTS
ZTS
Q1 26
Q4 25
$67.6M
$732.0M
Q3 25
$14.8M
$805.0M
Q2 25
$68.7M
$308.0M
Q1 25
$82.7M
$438.0M
Q4 24
$56.6M
$689.0M
Q3 24
$47.4M
$784.0M
Q2 24
$72.2M
$370.0M
FCF Margin
AMN
AMN
ZTS
ZTS
Q1 26
Q4 25
9.0%
30.7%
Q3 25
2.3%
33.5%
Q2 25
10.4%
12.5%
Q1 25
12.0%
19.7%
Q4 24
7.7%
29.7%
Q3 24
6.9%
32.8%
Q2 24
9.8%
15.7%
Capex Intensity
AMN
AMN
ZTS
ZTS
Q1 26
Q4 25
1.1%
6.7%
Q3 25
1.2%
5.5%
Q2 25
1.5%
7.2%
Q1 25
1.4%
6.7%
Q4 24
2.2%
9.3%
Q3 24
2.8%
7.0%
Q2 24
3.7%
5.6%
Cash Conversion
AMN
AMN
ZTS
ZTS
Q1 26
9.04×
Q4 25
1.48×
Q3 25
0.77×
1.30×
Q2 25
0.68×
Q1 25
0.93×
Q4 24
1.56×
Q3 24
9.54×
1.39×
Q2 24
6.13×
0.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMN
AMN

Segment breakdown not available.

ZTS
ZTS

Companion Animal$1.5B67%
Livestock$720.0M32%
Contract Manufacturing & Human Health$23.0M1%

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