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AMN HEALTHCARE SERVICES INC（AMN）与KELLY SERVICES INC（KELYA）财务数据对比。点击上方公司名可切换其他公司
KELLY SERVICES INC的季度营收约是AMN HEALTHCARE SERVICES INC的1.6倍（$1.2B vs $748.2M）。AMN HEALTHCARE SERVICES INC同比增速更快（1.8% vs -3.3%）。AMN HEALTHCARE SERVICES INC自由现金流更多（$67.6M vs $13.0M）。过去两年KELLY SERVICES INC的营收复合增速更高（-3.1% vs -4.5%）
AMN医疗保健服务公司是美国领先的医疗人力资源解决方案提供商，主要为医院、诊所等各类医疗机构提供护士、医师、医技人员及其他临床、非临床岗位的临时与长期派遣服务，同时提供医护团队管理技术支持及相关咨询服务。
凯利服务是1946年成立的美国跨国人力资源服务企业，总部位于密歇根州特洛伊市。公司可为金融服务、信息技术、法律等多个领域输送各层级雇员，核心业务涵盖人力资源管理咨询、业务外包、人才招聘、职业转型及供应商管理等专业服务。
AMN vs KELYA — 直观对比
营收规模更大
KELYA
是对方的1.6倍
$748.2M
营收增速更快
AMN
高出5.2%
-3.3%
自由现金流更多
AMN
多$54.6M
$13.0M
两年增速更快
KELYA
近两年复合增速
-4.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $748.2M | $1.2B |
| 净利润 | $-7.7M | — |
| 毛利率 | 26.1% | 20.3% |
| 营业利润率 | 1.1% | -4.8% |
| 净利率 | -1.0% | — |
| 营收同比 | 1.8% | -3.3% |
| 净利润同比 | 95.9% | — |
| 每股收益（稀释后） | $-0.19 | $-0.86 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AMNKELYA
| Q4 25 | $748.2M | — | ||
| Q3 25 | $634.5M | — | ||
| Q2 25 | $658.2M | — | ||
| Q1 25 | $689.5M | — | ||
| Q4 24 | $734.7M | $1.2B | ||
| Q3 24 | $687.5M | $1.0B | ||
| Q2 24 | $740.7M | $1.1B | ||
| Q1 24 | $820.9M | $1.0B |
净利润AMNKELYA
| Q4 25 | $-7.7M | — | ||
| Q3 25 | $29.3M | — | ||
| Q2 25 | $-116.2M | — | ||
| Q1 25 | $-1.1M | — | ||
| Q4 24 | $-187.5M | — | ||
| Q3 24 | $7.0M | $800.0K | ||
| Q2 24 | $16.2M | $4.6M | ||
| Q1 24 | $17.3M | $25.8M |
毛利率AMNKELYA
| Q4 25 | 26.1% | — | ||
| Q3 25 | 29.1% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 28.7% | — | ||
| Q4 24 | 29.8% | 20.3% | ||
| Q3 24 | 31.0% | 21.4% | ||
| Q2 24 | 31.0% | 20.2% | ||
| Q1 24 | 31.4% | 19.7% |
营业利润率AMNKELYA
| Q4 25 | 1.1% | — | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | -18.8% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | -27.6% | -4.8% | ||
| Q3 24 | 3.2% | 0.3% | ||
| Q2 24 | 5.1% | 1.2% | ||
| Q1 24 | 4.9% | 2.6% |
净利率AMNKELYA
| Q4 25 | -1.0% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | -17.7% | — | ||
| Q1 25 | -0.2% | — | ||
| Q4 24 | -25.5% | — | ||
| Q3 24 | 1.0% | 0.1% | ||
| Q2 24 | 2.2% | 0.4% | ||
| Q1 24 | 2.1% | 2.5% |
每股收益（稀释后）AMNKELYA
| Q4 25 | $-0.19 | — | ||
| Q3 25 | $0.76 | — | ||
| Q2 25 | $-3.02 | — | ||
| Q1 25 | $-0.03 | — | ||
| Q4 24 | $-4.90 | $-0.86 | ||
| Q3 24 | $0.18 | $0.02 | ||
| Q2 24 | $0.42 | $0.12 | ||
| Q1 24 | $0.45 | $0.70 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $34.0M | $39.0M |
| 总债务越低越好 | $767.1M | $239.4M |
| 股东权益账面价值 | $642.1M | $1.2B |
| 总资产 | $2.1B | $2.6B |
| 负债/权益比越低杠杆越低 | 1.19× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资AMNKELYA
| Q4 25 | $34.0M | — | ||
| Q3 25 | $52.6M | — | ||
| Q2 25 | $41.5M | — | ||
| Q1 25 | $55.8M | — | ||
| Q4 24 | $10.6M | $39.0M | ||
| Q3 24 | $30.6M | $32.8M | ||
| Q2 24 | $48.0M | $38.2M | ||
| Q1 24 | $50.6M | $200.7M |
总债务AMNKELYA
| Q4 25 | $767.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | $239.4M | ||
| Q3 24 | — | $228.2M | ||
| Q2 24 | — | $210.4M | ||
| Q1 24 | — | — |
股东权益AMNKELYA
| Q4 25 | $642.1M | — | ||
| Q3 25 | $644.4M | — | ||
| Q2 25 | $607.6M | — | ||
| Q1 25 | $715.1M | — | ||
| Q4 24 | $706.6M | $1.2B | ||
| Q3 24 | $890.7M | $1.3B | ||
| Q2 24 | $876.9M | $1.3B | ||
| Q1 24 | $854.2M | $1.3B |
总资产AMNKELYA
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | $2.6B | ||
| Q3 24 | $2.7B | $2.7B | ||
| Q2 24 | $2.8B | $2.6B | ||
| Q1 24 | $2.9B | $2.4B |
负债/权益比AMNKELYA
| Q4 25 | 1.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.49× | 0.19× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $75.6M | $15.0M |
| 自由现金流经营现金流 - 资本支出 | $67.6M | $13.0M |
| 自由现金流率自由现金流/营收 | 9.0% | 1.1% |
| 资本支出强度资本支出/营收 | 1.1% | 0.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $233.8M | $15.8M |
8季度趋势，按日历期对齐
经营现金流AMNKELYA
| Q4 25 | $75.6M | — | ||
| Q3 25 | $22.7M | — | ||
| Q2 25 | $78.5M | — | ||
| Q1 25 | $92.7M | — | ||
| Q4 24 | $72.8M | $15.0M | ||
| Q3 24 | $66.7M | $-20.3M | ||
| Q2 24 | $99.5M | $57.7M | ||
| Q1 24 | $81.4M | $-25.5M |
自由现金流AMNKELYA
| Q4 25 | $67.6M | — | ||
| Q3 25 | $14.8M | — | ||
| Q2 25 | $68.7M | — | ||
| Q1 25 | $82.7M | — | ||
| Q4 24 | $56.6M | $13.0M | ||
| Q3 24 | $47.4M | $-22.7M | ||
| Q2 24 | $72.2M | $54.7M | ||
| Q1 24 | $63.2M | $-29.2M |
自由现金流率AMNKELYA
| Q4 25 | 9.0% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | 12.0% | — | ||
| Q4 24 | 7.7% | 1.1% | ||
| Q3 24 | 6.9% | -2.2% | ||
| Q2 24 | 9.8% | 5.2% | ||
| Q1 24 | 7.7% | -2.8% |
资本支出强度AMNKELYA
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 2.2% | 0.2% | ||
| Q3 24 | 2.8% | 0.2% | ||
| Q2 24 | 3.7% | 0.3% | ||
| Q1 24 | 2.2% | 0.4% |
现金转化率AMNKELYA
| Q4 25 | — | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 9.54× | -25.38× | ||
| Q2 24 | 6.13× | 12.54× | ||
| Q1 24 | 4.70× | -0.99× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
KELYA
| Science Engineering Technology | $295.8M | 25% |
| Education | $293.1M | 25% |
| Staffing Services | $237.7M | 20% |
| Other | $138.8M | 12% |
| Talent Solutions | $120.5M | 10% |
| Outcome Based Services | $103.6M | 9% |
| Permanent Placement | $1.6M | 0% |
