Select Medical Holdings Corp - Understand $sem stock

$SEM Market Cap: $2.657 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$6.969B

TTM

Gross Margin

14.39%

TTM

Net Earnings

$274.7M

TTM

Current Assets

$1.404B

Q3 2024

Current Liabilities

$1.246B

Q3 2024

Current Ratio

112.72%

Q3 2024

Total Assets

$8.003B

Q3 2024

Total Liabilities

$5.702B

Q3 2024

Book Value

$2.300B

Q3 2024

Cash

$191.5M

Q3 2024

P/E

9.670

Nov 29, 2024 EST

Free Cash Flow

$352.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$6.664B	$6.334B	$6.205B	$5.532B	$5.454B	$5.081B	$4.444B	$4.286B	$3.743B	$3.065B	$2.976B	$2.949B	$2.805B	$2.390B	$2.240B	$2.153B	$1.992B	$1.852B
YoY Change	5.22%	2.08%	12.16%	1.43%	7.33%	14.35%	3.68%	14.52%	22.11%	3.0%	0.9%	5.15%	17.33%	6.71%	4.02%	8.12%	7.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$6.664B	$6.334B	$6.205B	$5.532B	$5.454B	$5.081B	$4.444B	$4.286B	$3.743B	$3.065B	$2.976B	$2.949B	$2.805B	$2.390B	$2.240B	$2.153B	$1.992B	$1.852B
Cost Of Revenue	$5.732B	$5.600B	$5.285B	$4.710B	$4.641B	$4.341B	$3.734B	$3.665B	$3.212B	$2.582B	$2.495B	$2.444B	$2.309B	$1.982B	$1.820B	$1.792B	$1.660B	$1.485B
Gross Profit	$932.0M	$733.4M	$919.4M	$821.3M	$812.9M	$740.2M	$709.4M	$621.2M	$531.2M	$482.7M	$480.2M	$505.4M	$495.9M	$408.1M	$420.1M	$361.5M	$331.6M	$366.9M
Gross Profit Margin	13.99%	11.58%	14.82%	14.85%	14.9%	14.57%	15.97%	14.49%	14.19%	15.75%	16.14%	17.14%	17.68%	17.07%	18.76%	16.79%	16.65%	19.82%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$170.2M	$153.0M	$147.0M	$138.0M	$128.5M	$121.3M	$114.0M	$106.9M	$151.4M	$129.8M	$114.3M	$105.2M	$113.7M	$103.3M	$113.3M	$93.30M	$80.40M	$62.30M
YoY Change	11.21%	4.12%	6.5%	7.39%	5.94%	6.4%	6.64%	-29.39%	16.64%	13.56%	8.65%	-7.48%	10.07%	-8.83%	21.44%	16.04%	29.05%
% of Gross Profit	18.26%	20.87%	15.99%	16.8%	15.81%	16.39%	16.07%	17.21%	28.5%	26.89%	23.8%	20.81%	22.93%	25.31%	26.97%	25.81%	24.25%	16.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$177.1M	$174.8M	$173.2M	$178.0M	$182.9M	$171.7M	$142.6M	$129.0M	$96.10M	$68.40M	$63.90M	$62.50M	$69.80M	$64.10M	$71.00M	$71.80M	$57.30M	$46.80M
YoY Change	1.32%	0.92%	-2.7%	-2.68%	6.52%	20.41%	10.54%	34.24%	40.5%	7.04%	2.24%	-10.46%	8.89%	-9.72%	-1.11%	25.31%	22.44%
% of Gross Profit	19.0%	23.83%	18.84%	21.67%	22.5%	23.2%	20.1%	20.77%	18.09%	14.17%	13.31%	12.37%	14.07%	15.71%	16.9%	19.86%	17.28%	12.76%
Operating Expenses	$377.2M	$330.1M	$205.6M	$343.7M	$341.0M	$322.9M	$274.0M	$252.2M	$256.4M	$198.2M	$178.8M	$168.5M	$185.2M	$172.0M	$184.3M	$165.1M	$137.8M	$109.0M
YoY Change	14.26%	60.56%	-40.18%	0.79%	5.61%	17.85%	8.64%	-1.64%	29.36%	10.85%	6.11%	-9.02%	7.67%	-6.67%	11.63%	19.81%	26.42%
Operating Profit	$554.9M	$403.3M	$713.8M	$567.7M	$471.9M	$417.3M	$355.9M	$299.8M	$274.8M	$284.5M	$301.4M	$336.9M	$310.7M	$236.1M	$235.8M	$196.4M	$193.8M	$257.9M
YoY Change	37.59%	-43.5%	25.74%	20.3%	13.09%	17.25%	18.69%	9.12%	-3.41%	-5.62%	-10.52%	8.41%	31.58%	0.14%	20.06%	1.34%	-24.85%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$198.6M	$169.1M	$136.0M	$153.0M	$200.6M	$198.5M	$154.7M	$170.1M	-$66.40M	-$78.40M	$87.36M	$94.95M	$99.22M	$112.3M	-$132.4M	-$145.4M	-$138.1M	-$130.5M
YoY Change	17.46%	24.36%	-11.13%	-23.71%	1.05%	28.31%	-9.04%	-356.15%	-15.31%	-189.74%	-7.99%	-4.3%	-11.68%	-184.85%	-8.94%	5.29%	5.82%
% of Operating Profit	35.8%	41.93%	19.05%	26.95%	42.5%	47.57%	43.47%	56.72%	-24.16%	-27.56%	28.98%	28.19%	31.93%	47.57%	-56.15%	-74.03%	-71.26%	-50.6%
Other Income/Expense, Net												$0.00	$0.00	$600.0K	-$600.0K	$0.00	-$200.0K	$0.00
YoY Change													-100.0%	-200.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$382.4M	$260.6M	$629.7M	$456.5M	$264.7M	$235.6M	$202.5M	$180.7M	$208.4M	$203.8M	$197.8M	$243.6M	$183.7M	$124.0M	$116.4M	$51.90M	$55.70M	$127.3M
YoY Change	46.73%	-58.62%	37.95%	72.42%	12.4%	16.34%	12.02%	-13.29%	2.27%	3.03%	-18.78%	32.56%	48.18%	6.52%	124.28%	-6.82%	-56.25%
Income Tax	$82.63M	$62.55M	$129.8M	$111.9M	$63.72M	$58.61M	-$18.18M	$55.46M	$72.44M	$75.60M	$74.79M	$89.66M	$70.97M	$41.63M	$37.50M	$26.10M	$18.70M	$43.50M
% Of Pretax Income	21.61%	24.01%	20.61%	24.51%	24.07%	24.88%	-8.98%	30.69%	34.75%	37.1%	37.81%	36.81%	38.63%	33.57%	32.22%	50.29%	33.57%	34.17%
Net Earnings	$243.5M	$159.0M	$402.2M	$259.0M	$148.4M	$137.8M	$177.2M	$115.4M	$130.7M	$120.6M	$114.4M	$148.2M	$107.8M	$77.64M	$75.30M	$22.40M	$35.40M	$82.40M
YoY Change	53.14%	-60.47%	55.3%	74.47%	7.7%	-22.21%	53.52%	-11.72%	8.4%	5.43%	-22.83%	37.45%	38.9%	3.11%	236.16%	-36.72%	-57.04%
Net Earnings / Revenue	3.65%	2.51%	6.48%	4.68%	2.72%	2.71%	3.99%	2.69%	3.49%	3.93%	3.84%	5.03%	3.85%	3.25%	3.36%	1.04%	1.78%	4.45%
Basic Earnings Per Share	$1.91	$1.23	$2.98	$1.93	$1.10	$1.02	$1.33	$0.88	$1.00		$0.82	$1.05	$0.71	$0.49
Diluted Earnings Per Share	$1.91	$1.23	$2.98	$1.93	$1.10	$1.02	$1.33	$0.87	$0.99	$931.3K	$0.82	$1.05	$0.71	$0.48	$875.6K	$375.8K	$612.5K	$1.458M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$84.01M	$97.91M	$74.31M	$577.1M	$335.9M	$175.2M	$122.5M	$99.00M	$14.40M	$3.400M	$4.300M	$40.10M	$12.00M	$4.400M	$83.70M	$64.30M	$4.500M
YoY Change	-14.2%	31.75%	-87.12%	71.81%	91.72%	43.02%	23.74%	587.5%	323.53%	-20.93%	-89.28%	234.17%	172.73%	-94.74%	30.17%	1328.89%
Cash & Equivalents	$84.01M	$97.91M	$74.31M	$577.1M	$335.9M	$175.2M	$122.5M	$99.00M	$14.40M	$3.400M	$4.300M	$40.10M	$12.00M	$4.400M	$83.70M	$64.30M	$4.500M
Short-Term Investments
Other Short-Term Assets	$233.3M	$232.1M	$175.8M	$120.2M	$114.4M	$110.6M	$106.6M	$90.10M	$131.2M	$80.00M	$58.80M	$53.60M	$57.60M	$71.50M	$69.90M	$90.20M	$79.70M
YoY Change	0.52%	32.0%	46.28%	5.07%	3.44%	3.75%	18.31%	-31.33%	64.0%	36.05%	9.7%	-6.94%	-19.44%	2.29%	-22.51%	13.17%
Inventory
Prepaid Expenses
Receivables	$940.3M	$941.3M	$889.3M	$896.8M	$762.7M	$706.7M	$691.7M	$573.8M	$603.6M	$444.3M	$391.3M	$359.9M	$413.7M	$353.4M	$307.1M	$312.4M	$271.4M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.258B	$1.271B	$1.139B	$1.594B	$1.213B	$992.5M	$920.8M	$762.9M	$749.2M	$527.6M	$454.4M	$453.7M	$483.4M	$429.3M	$460.6M	$466.9M	$355.6M
YoY Change	-1.08%	11.57%	-28.52%	31.41%	22.22%	7.79%	20.7%	1.83%	42.0%	16.11%	0.15%	-6.14%	12.6%	-6.8%	-1.35%	31.3%
Property, Plant & Equipment	$2.212B	$2.171B	$2.040B	$1.976B	$2.002B	$979.8M	$912.6M	$892.2M	$864.1M	$542.3M	$509.1M	$501.6M	$510.0M	$532.1M	$466.1M	$471.1M	$487.0M
YoY Change	1.89%	6.42%	3.27%	-1.34%	104.37%	7.36%	2.29%	3.25%	59.34%	6.52%	1.5%	-1.65%	-4.15%	14.16%	-1.06%	-3.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$316.0M	$292.6M	$270.8M	$251.1M	$146.9M	$230.7M
YoY Change	8.0%	8.05%	7.85%	70.93%	-36.32%
Other Assets	$376.7M	$94.34M	$85.92M	$68.10M	$177.0M	$2.800M	$184.4M	$173.9M	$142.1M	$140.3M	$139.6M	$93.90M	$74.90M	$49.30M	$47.80M	$60.80M	$73.80M
YoY Change	299.33%	9.8%	26.17%	-61.53%	6221.43%	-98.48%	6.04%	22.38%	1.28%	0.5%	48.67%	25.37%	51.93%	3.14%	-21.38%	-17.62%
Total Long-Term Assets	$6.432B	$6.394B	$6.221B	$6.061B	$6.127B	$4.972B	$4.206B	$4.158B	$3.640B	$2.397B	$2.363B	$2.308B	$2.289B	$2.293B	$2.128B	$2.113B	$2.139B
YoY Change	0.59%	2.79%	2.63%	-1.08%	23.24%	18.2%	1.17%	14.24%	51.82%	1.44%	2.4%	0.83%	-0.18%	7.77%	0.71%	-1.25%
Total Assets	$7.690B	$7.665B	$7.360B	$7.655B	$7.340B	$5.964B	$5.127B	$4.921B	$4.389B	$2.925B	$2.818B	$2.761B	$2.772B	$2.722B	$2.588B	$2.580B	$2.495B
YoY Change
Accounts Payable	$174.3M	$186.7M	$233.8M	$177.1M	$145.7M	$146.7M	$128.2M	$126.6M	$137.4M	$108.5M	$88.30M	$89.50M	$95.60M	$74.20M	$73.40M	$72.50M	$73.80M
YoY Change	-6.65%	-20.15%	32.04%	21.55%	-0.68%	14.43%	1.26%	-7.86%	26.64%	22.88%	-1.34%	-6.38%	28.84%	1.09%	1.24%	-1.76%
Accrued Expenses	$972.1M	$891.6M	$894.0M	$836.3M	$740.7M	$485.9M	$416.5M	$392.1M	$338.1M	$253.3M	$252.5M	$253.2M	$255.3M	$251.9M	$224.5M	$240.1M	$223.1M
YoY Change	9.02%	-0.26%	6.9%	12.91%	52.44%	16.66%	6.22%	15.97%	33.48%	0.32%	-0.28%	-0.82%	1.35%	12.2%	-6.5%	7.62%
Deferred Revenue
YoY Change
Short-Term Debt	$30.27M	$31.96M	$42.35M	$0.00	$0.00	$25.10M	$29.50M	$39.40M	$28.60M	$21.70M	$12.50M	$17.80M	$16.60M	$18.80M	$0.00	$21.10M	$21.10M
YoY Change	-5.28%	-24.54%			-100.0%	-14.92%	-25.13%	37.76%	31.8%	73.6%	-29.78%	7.23%	-11.7%		-100.0%	0.0%
Long-Term Debt Due	$70.33M	$44.35M	$17.57M	$12.60M	$25.20M	$43.90M	$22.20M	$13.70M	$225.2M	$10.90M	$17.60M	$11.60M	$10.80M	$149.4M	$4.100M	$9.000M	$7.700M
YoY Change	58.57%	152.4%	39.46%	-50.0%	-42.6%	97.75%	62.04%	-93.92%	1966.06%	-38.07%	51.72%	7.41%	-92.77%	3543.9%	-54.44%	16.88%
Total Short-Term Liabilities	$1.248B	$1.155B	$1.273B	$1.438B	$914.3M	$705.2M	$605.4M	$571.6M	$729.3M	$394.4M	$371.5M	$373.3M	$383.9M	$499.6M	$303.9M	$348.5M	$340.9M
YoY Change	8.08%	-9.26%	-11.49%	57.32%	29.65%	16.48%	5.91%	-21.62%	84.91%	6.16%	-0.48%	-2.76%	-23.16%	64.4%	-12.8%	2.23%
Long-Term Debt	$3.588B	$3.835B	$3.556B	$3.389B	$3.420B	$3.250B	$2.678B	$2.685B	$2.161B	$1.542B	$1.428B	$1.459B	$1.386B	$1.281B	$1.401B	$1.771B	$1.748B
YoY Change	-6.45%	7.84%	4.93%	-0.89%	5.24%	21.35%	-0.28%	24.28%	40.11%	8.01%	-2.12%	5.24%	8.16%	-8.56%	-20.87%	1.32%
Other Long-Term Liabilities	$1.136B	$1.115B	$1.023B	$1.044B	$954.2M	$158.9M	$145.7M	$136.5M	$133.2M	$92.90M	$91.90M	$89.50M	$64.90M	$66.70M	$60.50M	$583.6M	$543.5M
YoY Change	1.94%	8.95%	-2.02%	9.42%	500.5%	9.06%	6.74%	2.48%	43.38%	1.09%	2.68%	37.9%	-2.7%	10.25%	-89.63%	7.38%
Total Long-Term Liabilities	$4.724B	$4.950B	$4.579B	$4.433B	$4.374B	$3.408B	$2.823B	$2.822B	$2.294B	$1.635B	$1.520B	$1.548B	$1.451B	$1.348B	$1.462B	$2.355B	$2.291B
YoY Change	-4.56%	8.09%	3.29%	1.36%	28.33%	20.72%	0.06%	23.01%	40.3%	7.59%	-1.84%	6.7%	7.63%	-7.78%	-37.91%	2.75%
Total Liabilities	$6.401B	$6.543B	$6.250B	$6.595B	$6.569B	$5.161B	$4.304B	$4.105B	$3.529B	$2.185B	$2.031B	$2.044B	$1.953B	$1.938B	$1.849B	$2.754B	$2.661B
YoY Change	-2.17%	4.69%	-5.23%	0.39%	27.28%	19.92%	4.85%	16.31%	61.51%	7.58%	-0.63%	4.7%	0.74%	4.81%	-32.85%	3.49%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	123.1M shares	124.6M shares	130.2M shares	129.8M shares	130.2M shares	130.2M shares	129.0M shares	127.8M shares	127.5M shares	129.0M	136.9M shares	138.8M shares	150.5M shares	159.2M shares
Diluted Shares Outstanding	123.1M shares	124.6M shares	130.2M shares	129.8M shares	130.3M shares	130.3M shares	129.1M shares	128.0M shares	127.8M shares		137.0M shares	139.0M shares	150.7M shares	159.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.6567 Billion

About SELECT MEDICAL HOLDINGS CORP

Select Medical Holdings Corp. engages in the provision of medical rehabilitation services. The company is headquartered in Mechanicsburg, Pennsylvania and currently employs 38,400 full-time employees. The company went IPO on 2009-09-25. Its segments include critical illness recovery hospital, rehabilitation hospital, outpatient rehabilitation, and Concentra. The critical illness recovery hospital segment consists of hospitals designed to serve the needs of patients recovering from critical illnesses, often with complex medical needs. The rehabilitation hospital segment consists of hospitals designed to serve patients that require intensive physical rehabilitation care. The outpatient rehabilitation segment consists of clinics that provide physical, occupational, and speech rehabilitation services. Its Concentra segment consists of occupational health centers that provide workers’ compensation injury care, physical therapy, and consumer health services and onsite clinics located at employer worksites that deliver occupational health services.

Industry: Services-Hospitals Peers: Brookdale Senior Living Inc. Cano Health, Inc. HCA Healthcare, Inc. Encompass Health Corp ENSIGN GROUP, INC NATIONAL HEALTHCARE CORP TENET HEALTHCARE CORP Surgery Partners, Inc. U S PHYSICAL THERAPY INC /NV UNIVERSAL HEALTH SERVICES INC