AMN vs TNET vs KELYA Stock Comparison

Amn Healthcare Services, Trinet and Kelly Services Prices as of Oct 26, 2026 Peers: Industry group
TNET Trinet Group, Inc.
$75.23 +15.5% 1M +18.8% 1Y
Market cap
$3.36B
P/E
19.2x
Revenue (TTM)
$4.88B
Div. yield
–
Staffing Industrials
3 wins
KELYA Kelly Services Inc
$16.58 +0.6% 1M +32.0% 1Y
Market cap
$572.20M
P/E
–
Revenue (TTM)
$4.06B
Div. yield
0.02%
Staffing Industrials
4 wins

Head to Head

11 decided of 12

Amn Healthcare Services leads on 4 of the 12 questions below (Amn Healthcare Services 4, Kelly Services 4, Trinet 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMNTNETKELYALeader
Larger companyMarket capitalisation $1.85B $3.36B $572.20M TNET
Cheaper on earningsLower P/E, profitable companies only 17.6x 19.2x -2.1x AMN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.4x 16.0x 14.7x KELYA
Faster revenue growthRevenue growth, trailing twelve months +24.0% -3.5% -9.6% AMN
More profitableNet margin, trailing twelve months 3.1% 3.6% -6.7% TNET
Better return on capitalReturn on invested capital 8.7% 21.3% -8.5% TNET
Less leveragedLower net debt / EBITDA 1.1x 1.3x -1.1x KELYA
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +131.7% +18.8% +32.0% AMN
Better 5-year returnAnnualised price return, 5 years -12.6%/yr -5.2%/yr -1.8%/yr KELYA
Less volatileAnnualised volatility, 1 year 64.2% 49.7% 42.5% KELYA
Higher overall scoreMean of the five percentile scores vs peers 68/100 55/100 34/100 AMN

Percentile Scorecard

AMNTNETKELYA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMNTNETKELYA
Valuation 95 #7 of 112 86 #17 of 112 55 #51 of 112
Growth 57 #42 of 96 32 #66 of 96 10 #87 of 96
Profitability 66 #32 of 91 72 #26 of 91 27 #67 of 91
Financial Health 53 #59 of 125 27 #91 of 125 62 #48 of 125
Shareholder Returns – 56 #30 of 67 15 #57 of 67
Overall 68 55 34
  • AMN ranked among 130 companies in Business Services
  • TNET ranked among 130 companies in Business Services
  • KELYA ranked among 130 companies in Business Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMNTNETKELYASPY
1 month +41.8%+15.5%+0.6% -0.8%
3 months +46.7%+17.4%+5.5% +3.5%
6 months +133.8%+86.7%+72.9% +7.0%
Year to date +211.2%+27.2%+88.4% +12.2%
1 year +131.7%+18.8%+32.0% +13.0%
3 years -35.2%-27.8%-5.7% +86.3%
3 years, per year -13.5%-10.3%-1.9% +23.1%
5 years -49.1%-23.2%-8.9% +68.6%
5 years, per year -12.6%-5.2%-1.8% +11.0%
10 years +48.5%+299.7%-11.2% +258.0%
10 years, per year +4.0%+14.9%-1.2% +13.6%

Risk

MeasureAMNTNETKELYASPY
Volatility, 1Y 64.2%49.7%42.5% 12.7%
Downside volatility, 1Y 54.8%52.9%46.6% 12.7%
Beta vs S&P 500, 1Y 0.770.100.39 1.00
Return / volatility, 1Y 2.050.380.75 1.02
Max drawdown, 5Y -88.1%-74.7%-67.7% -25.4%
From 52-week high 0.0%-0.7%-4.1% -1.8%
52-week high $49.05$75.76$17.28 $779.14
52-week low $15.10$33.85$8.08 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMNTNETKELYA
P/E now vs peer median 18.2xmedian 21.9x 19.8xmedian 21.9x -2.1xmedian 21.9x
P/S now vs peer median 0.6xmedian 0.9x 0.7xmedian 0.9x 0.1xmedian 0.9x
EV/EBITDA now vs peer median 6.6xmedian 12.2x 9.4xmedian 12.2x -11.2xmedian 12.2x
P/FCF now vs peer median 4.3xmedian 14.3x 12.0xmedian 14.3x 25.4xmedian 14.3x
P/B now vs peer median 2.6xmedian 2.3x 27.7xmedian 2.3x 0.5xmedian 2.3x
PEG now vs peer median -0.58median 1.02 -1.60median 1.02 0.08median 1.02

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMNTNETKELYA
Revenue $3.43B $4.88B $4.06B
Gross profit $954.26M – $799.40M
Operating income $199.82M – -$91.80M
Net income $104.92M $175.00M -$273.40M
Free cash flow $439.13M $288.00M $20.50M
R&D – $70.00M –
EPS (diluted) $2.64 $3.80 $-7.77
Cash & equivalents $361.84M $358.00M $24.20M
Total debt $3.10B $896.00M $78.10M
Shares (diluted) 39.73M 46.00M 35.20M
Enterprise value $840.41M $2.06B $459.30M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMNTNETKELYA
P/E 18.2x 19.8x -2.1x
P/FCF 4.3x 12.0x 25.4x
P/Operating cash flow 4.0x 9.3x 19.2x
P/S 0.6x 0.7x 0.1x
P/B 2.6x 27.7x 0.5x
P/Tangible book 3.9x -72.1x 0.7x
EV/EBITDA 6.6x 9.4x -11.2x
EV/EBIT 11.4x 13.2x -6.3x
EV/Revenue 0.7x 0.8x 0.1x
EV/FCF 5.2x 13.9x 28.1x
EV/Operating cash flow 4.8x 10.8x 21.2x
PEG (3Y EPS CAGR) -0.58 -1.60 0.08

Growth

14 metrics
MetricAMNTNETKELYA
Revenue growth (1Y) 24.0% -3.5% -9.6%
Revenue CAGR (3Y) -7.8% -0.4% -6.4%
Gross profit growth (1Y) 15.4% – -13.6%
Gross profit CAGR (3Y) -13.2% – -9.4%
Operating income growth (1Y) 168.5% – -335.1%
Operating income CAGR (3Y) -25.0% – -58.6%
Net income growth (1Y) 135.2% 21.5% -4,310%
Net income CAGR (3Y) -31.0% -19.8% -23.6%
EPS growth (1Y) 134.1% 29.5% -4,372%
EPS CAGR (3Y) -31.2% -12.4% -25.0%
Operating cash flow growth (1Y) 51.5% 16.0% -76.2%
Operating cash flow CAGR (3Y) 0.0% -5.5% 28.9%
Free cash flow growth (1Y) 71.9% 19.0% -80.5%
Free cash flow CAGR (3Y) 4.8% -8.4% 28.1%

Profitability

14 metrics
MetricAMNTNETKELYA
Gross margin 27.8% – 19.7%
EBITDA margin 10.1% 8.7% -1.3%
Operating margin 5.8% – -2.3%
Pretax margin 4.8% 5.1% -2.4%
Net margin 3.1% 3.6% -6.7%
FCF margin 12.8% 5.9% 0.5%
Operating cash flow margin 13.7% 7.6% 0.7%
Return on equity 14.4% 168.3% -28.0%
Return on assets 4.2% 5.2% -12.1%
Return on invested capital 8.7% 21.3% -8.5%
Return on capital employed 11.7% 23.7% -6.6%
Asset turnover 1.4x 1.4x 1.8x
Cash conversion (OCF / net income) 4.5x 2.1x -0.1x
Stock comp / revenue 0.9% 1.4% 0.3%

Financial Health

11 metrics
MetricAMNTNETKELYA
Debt / assets 31.4% 26.8% 3.4%
Debt / equity 1.0x 7.2x 0.1x
Net debt / EBITDA 1.1x 1.3x -1.1x
Debt / FCF 1.7x 3.1x 3.8x
Liabilities / assets 68.6% 96.3% 56.9%
Equity / assets 31.4% 3.7% 43.1%
Interest coverage 5.6x 5.6x –
Current ratio 1.1x 1.1x 1.5x
Quick ratio 1.0x 0.4x 1.4x
Cash ratio 0.5x 0.2x 0.0x
Altman Z-score 3.25 2.06 2.71

Shareholder Returns

7 metrics
MetricAMNTNETKELYA
Dividend yield – 1.5% 1.7%
Net buyback yield – 4.7% –
Shareholder yield – 6.3% 1.7%
Payout ratio (earnings) – – -4.0%
Payout ratio (FCF) – – 53.7%
Dividend growth (1Y) – – 0.0%
Dividend CAGR (3Y) – – -11.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMNTNETKELYA
Forward P/E 15.4xFY2026 16.0xFY2026 14.7xFY2026
EPS, next fiscal year $3.18FY2026 $4.71FY2026 $1.13FY2026
EPS growth, next FY +133.8%FY2026 -0.4%FY2026 -10.3%FY2026
EPS growth, the year after -69.8% -0.6% +70.8%
Revenue, next fiscal year $3.49BFY2026 $5.04BFY2026 $3.86BFY2026
Revenue growth, next FY +28.0%FY2026 +0.6%FY2026 -9.2%FY2026
Revenue growth, the year after -28.4% -7.1% +16.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMNTNETKELYA
Held by institutions 100.0% 95.5% 83.1%
Institutions holding 286 278 167
Change in shares held, QoQ +8.0% +0.3% +7.9%
Institutions buying 182 157 95
Institutions selling 76 83 46
Buyers to sellers 2.39 1.89 2.07

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMNTNETKELYA
AMN 1.00 0.20 0.25
TNET 0.20 1.00 0.49
KELYA 0.25 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMN, TNET and KELYA?

Trinet (TNET) is the largest by market capitalisation: Amn Healthcare Services (AMN) $1.85B, Trinet (TNET) $3.36B, Kelly Services (KELYA) $572.20M.

Which stock is cheaper, AMN, TNET and KELYA?

Amn Healthcare Services (AMN) trades on the lowest price-to-earnings ratio (Amn Healthcare Services (AMN) 17.6x, Trinet (TNET) 19.2x, Kelly Services (KELYA) -2.1x). On next year's consensus earnings, Kelly Services (KELYA) is cheapest (Amn Healthcare Services (AMN) 15.4x, Trinet (TNET) 16.0x, Kelly Services (KELYA) 14.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amn Healthcare Services (AMN) grew revenue fastest over the trailing twelve months: Amn Healthcare Services (AMN) +24.0%, Trinet (TNET) -3.5%, Kelly Services (KELYA) -9.6%.

Which company is more profitable?

Trinet (TNET) has the highest net margin (Amn Healthcare Services (AMN) 3.1%, Trinet (TNET) 3.6%, Kelly Services (KELYA) -6.7%). On return on invested capital, Trinet (TNET) leads (Amn Healthcare Services (AMN) 8.7%, Trinet (TNET) 21.3%, Kelly Services (KELYA) -8.5%).

Which stock has performed better?

Over the past year Amn Healthcare Services (AMN) returned the most: Amn Healthcare Services (AMN) +131.7%, Trinet (TNET) +18.8%, Kelly Services (KELYA) +32.0%. Over five years, Kelly Services (KELYA) compounded fastest (Amn Healthcare Services (AMN) -12.6%/yr, Trinet (TNET) -5.2%/yr, Kelly Services (KELYA) -1.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Amn Healthcare Services (AMN) 0.00%, Trinet (TNET) 0.00%, Kelly Services (KELYA) 0.02%. Amn Healthcare Services (AMN) and Trinet (TNET) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kelly Services (KELYA) has been the steadiest (Amn Healthcare Services (AMN) 64.2%, Trinet (TNET) 49.7%, Kelly Services (KELYA) 42.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMN, TNET and KELYA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amn Healthcare Services (AMN) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.