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American Well AMWL Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin52.9%-0.4pp53.3%+0.9pp52.4%+3.5pp49%+4.7pp44.3%+5.4pp
Operating margin-38.9%+3.3pp-42.2%+4.1pp-46.4%+5.9pp-52.2%+13.8pp-66.1%+19.4pp
Net margin-37%+1.4pp-38.4%+4.4pp-42.8%+3.4pp-46.2%+13.0pp-59.1%+22.7pp
Returns
Return on equity-33.7%+1.7pp-35.4%+2.9pp-38.3%+0.2pp-38.5%+5.5pp-44%+10.1pp
Return on invested capital-141%+6.8pp-147.8%+5.2pp-153%+15.8pp-168.9%+13.3pp-182.1%+48.5pp
Efficiency
Asset turnover0.6×0.0×0.7×0.0×0.6×0.0×0.6×+0.1×0.5×0.0×
Liquidity
Current ratio3.1×-0.3×3.4×+0.2×3.1×-0.2×3.3×+0.4×2.9×+0.1×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Per Share
Book value per share$13.70-6.7%$14.68-6.6%$15.72-11.6%$17.78-5.2%$18.76-7.7%
Valuation
Market capitalization$154.55M+29.3%$80.38M-19.1%$99.34M-13.8%$115.25M-6.3%$123.01M+10.7%
Price / sales0.7×+0.2×0.3×-0.1×0.4×-0.1×0.4×0.0×0.5×0.0×
Price / book0.7×+0.3×0.3×0.0×0.4×0.0×0.4×0.0×0.4×+0.1×

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Questions, answered.

What are American Well's profit margins?
American Well (AMWL) runs a 52.9% gross margin and a -38.9% operating margin, with a -37.0% net margin.
Where do American Well's ratios come from?
Every ratio is computed from American Well's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.