vs
AMN HEALTHCARE SERVICES INC（AMN）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是AMN HEALTHCARE SERVICES INC的8.1倍（$6.0B vs $748.2M）。3M净利率更高（10.8% vs -1.0%，领先11.9%）。AMN HEALTHCARE SERVICES INC同比增速更快（1.8% vs 1.3%）。3M自由现金流更多（$2.0B vs $67.6M）。过去两年3M的营收复合增速更高（-1.8% 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。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
AMN vs MMM — 直观对比
营收规模更大
MMM
是对方的8.1倍
$748.2M
营收增速更快
AMN
高出0.5%
1.3%
净利率更高
MMM
高出11.9%
-1.0%
自由现金流更多
MMM
多$2.0B
$67.6M
两年增速更快
MMM
近两年复合增速
-4.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $748.2M | $6.0B |
| 净利润 | $-7.7M | $653.0M |
| 毛利率 | 26.1% | 40.7% |
| 营业利润率 | 1.1% | 23.2% |
| 净利率 | -1.0% | 10.8% |
| 营收同比 | 1.8% | 1.3% |
| 净利润同比 | 95.9% | -41.5% |
| 每股收益（稀释后） | $-0.19 | $1.23 |
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AMNMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $748.2M | $6.1B | ||
| Q3 25 | $634.5M | $6.5B | ||
| Q2 25 | $658.2M | $6.3B | ||
| Q1 25 | $689.5M | $6.0B | ||
| Q4 24 | $734.7M | $6.0B | ||
| Q3 24 | $687.5M | $6.3B | ||
| Q2 24 | $740.7M | $6.3B |
净利润AMNMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $-7.7M | $577.0M | ||
| Q3 25 | $29.3M | $834.0M | ||
| Q2 25 | $-116.2M | $723.0M | ||
| Q1 25 | $-1.1M | $1.1B | ||
| Q4 24 | $-187.5M | $728.0M | ||
| Q3 24 | $7.0M | $1.4B | ||
| Q2 24 | $16.2M | $1.1B |
毛利率AMNMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 26.1% | 33.6% | ||
| Q3 25 | 29.1% | 41.8% | ||
| Q2 25 | 29.8% | 42.5% | ||
| Q1 25 | 28.7% | 41.6% | ||
| Q4 24 | 29.8% | 51.7% | ||
| Q3 24 | 31.0% | 42.1% | ||
| Q2 24 | 31.0% | 42.9% |
营业利润率AMNMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 1.1% | 13.0% | ||
| Q3 25 | 7.5% | 22.2% | ||
| Q2 25 | -18.8% | 18.0% | ||
| Q1 25 | 1.8% | 20.9% | ||
| Q4 24 | -27.6% | 12.2% | ||
| Q3 24 | 3.2% | 20.9% | ||
| Q2 24 | 5.1% | 20.3% |
净利率AMNMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | -1.0% | 9.4% | ||
| Q3 25 | 4.6% | 12.8% | ||
| Q2 25 | -17.7% | 11.4% | ||
| Q1 25 | -0.2% | 18.7% | ||
| Q4 24 | -25.5% | 12.1% | ||
| Q3 24 | 1.0% | 21.8% | ||
| Q2 24 | 2.2% | 18.3% |
每股收益（稀释后）AMNMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $-0.19 | $1.07 | ||
| Q3 25 | $0.76 | $1.55 | ||
| Q2 25 | $-3.02 | $1.34 | ||
| Q1 25 | $-0.03 | $2.04 | ||
| Q4 24 | $-4.90 | $1.33 | ||
| Q3 24 | $0.18 | $2.48 | ||
| Q2 24 | $0.42 | $2.07 |
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 | $3.7B |
| 总债务越低越好 | $767.1M | $10.9B |
| 股东权益账面价值 | $642.1M | $3.3B |
| 总资产 | $2.1B | $35.4B |
| 负债/权益比越低杠杆越低 | 1.19× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资AMNMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $34.0M | — | ||
| Q3 25 | $52.6M | — | ||
| Q2 25 | $41.5M | — | ||
| Q1 25 | $55.8M | — | ||
| Q4 24 | $10.6M | — | ||
| Q3 24 | $30.6M | — | ||
| Q2 24 | $48.0M | — |
总债务AMNMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | $767.1M | $12.6B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $13.1B | ||
| Q1 25 | — | $13.5B | ||
| Q4 24 | $1.1B | $13.0B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | $13.1B |
股东权益AMNMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $642.1M | $4.7B | ||
| Q3 25 | $644.4M | $4.6B | ||
| Q2 25 | $607.6M | $4.3B | ||
| Q1 25 | $715.1M | $4.5B | ||
| Q4 24 | $706.6M | $3.8B | ||
| Q3 24 | $890.7M | $4.6B | ||
| Q2 24 | $876.9M | $3.9B |
总资产AMNMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $2.1B | $37.7B | ||
| Q3 25 | $2.1B | $37.6B | ||
| Q2 25 | $2.2B | $38.0B | ||
| Q1 25 | $2.4B | $40.0B | ||
| Q4 24 | $2.4B | $39.9B | ||
| Q3 24 | $2.7B | $40.9B | ||
| Q2 24 | $2.8B | $43.4B |
负债/权益比AMNMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | 1.19× | 2.68× | ||
| Q3 25 | — | 2.72× | ||
| Q2 25 | — | 3.06× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | 1.49× | 3.40× | ||
| Q3 24 | — | 2.84× | ||
| Q2 24 | — | 3.34× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $67.6M | $2.0B |
| 自由现金流率自由现金流/营收 | 9.0% | 33.6% |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | $3.7B |
8季度趋势，按日历期对齐
经营现金流AMNMMM
| Q1 26 | — | — | ||
| Q4 25 | $75.6M | $1.6B | ||
| Q3 25 | $22.7M | $1.8B | ||
| Q2 25 | $78.5M | $-954.0M | ||
| Q1 25 | $92.7M | $-79.0M | ||
| Q4 24 | $72.8M | $1.8B | ||
| Q3 24 | $66.7M | $-1.8B | ||
| Q2 24 | $99.5M | $1.0B |
自由现金流AMNMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $67.6M | $1.3B | ||
| Q3 25 | $14.8M | $1.5B | ||
| Q2 25 | $68.7M | $-1.2B | ||
| Q1 25 | $82.7M | $-315.0M | ||
| Q4 24 | $56.6M | $1.5B | ||
| Q3 24 | $47.4M | $-2.0B | ||
| Q2 24 | $72.2M | $752.0M |
自由现金流率AMNMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 9.0% | 21.8% | ||
| Q3 25 | 2.3% | 23.6% | ||
| Q2 25 | 10.4% | -18.3% | ||
| Q1 25 | 12.0% | -5.3% | ||
| Q4 24 | 7.7% | 25.4% | ||
| Q3 24 | 6.9% | -32.3% | ||
| Q2 24 | 9.8% | 12.0% |
资本支出强度AMNMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 4.0% | ||
| Q3 25 | 1.2% | 3.3% | ||
| Q2 25 | 1.5% | 3.3% | ||
| Q1 25 | 1.4% | 4.0% | ||
| Q4 24 | 2.2% | 4.8% | ||
| Q3 24 | 2.8% | 3.9% | ||
| Q2 24 | 3.7% | 4.3% |
现金转化率AMNMMM
| Q1 26 | — | — | ||
| Q4 25 | — | 2.74× | ||
| Q3 25 | 0.77× | 2.11× | ||
| Q2 25 | — | -1.32× | ||
| Q1 25 | — | -0.07× | ||
| Q4 24 | — | 2.50× | ||
| Q3 24 | 9.54× | -1.30× | ||
| Q2 24 | 6.13× | 0.89× |
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% |
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
