$16.49
-0.12%Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. The company's Critical Illness Recovery Hospital segment consists of hospitals that provide services for heart failure, infectious disease, respiratory failure and pulmonary disease, surgery requiring prolonged recovery, renal disease, neurological events, and trauma. Its Rehabilitation Hospital segment offers therapy and rehabilitation treatments, including rehabilitative services for brain and spinal cord injuries, strokes, amputations, neurological disorders, orthopedic conditions, pediatric congenital or acquired disabilities, and cancer. The company's Outpatient Rehabilitation segment operates rehabilitation clinics that provide physical, occupational, and speech rehabilitation programs and services; and specialized programs, such as functional programs for work related injuries, hand therapy, post-concussion rehabilitation, pediatric and cancer rehabilitation, and athletic training services. Its Concentra segment operates and provides occupational health centers and contract services at employer worksites that deliver occupational medicine, consumer health, physical therapy, and wellness services. As of December 31, 2021, the company operated 104 critical illness recovery hospitals in 28 states; 30 rehabilitation hospitals in 12 states; 1,881 outpatient rehabilitation clinics in 38 states and the District of Columbia; and 518 occupational health centers in 41 states, and 134 onsite clinics at employer worksites states. Select Medical Holdings Corporation was founded in 1996 and is headquartered in Mechanicsburg, Pennsylvania.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
SEM โข NYSE
| Select Medical Holdings Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
146.2M | 296.7M | 299.7M | 198M | 499.9M | 344.6M | 201M | 176.9M | 220.6M | 125.3M | 136M | 128.2M | 123M | 153.9M | 112.8M | 82.4M | 78.9M | 25.8M | 35.4M | 94.9M | |
140.3M | 203.9M | 208.7M | 205.8M | 202.6M | 205.7M | 212.6M | 201.7M | 160M | 145.3M | 105M | 68.4M | 64.4M | 63.3M | 71.5M | 68.7M | 72.7M | 71.8M | 58.6M | 48M | |
30.7M | -32.4M | -16.1M | 7.5M | 5.1M | -14.7M | -7.4M | 7.2M | -72.3M | -12.6M | -2.1M | 14.3M | 7M | 7.9M | 35.3M | 9.5M | 27.1M | 21.8M | 2.5M | -15.3M | |
16.7M | 100.7M | 43.8M | 37.8M | 30.9M | 27.3M | 26.5M | 23.3M | 19.3M | 17.4M | 15M | 11.2M | 7M | 5.7M | 3.7M | 2.2M | 5.1M | 2.1M | 3.7M | 3.8M | |
72.3M | 4.2M | -13.6M | -4.8M | -7.4M | -13.8M | 25.6M | 656K | 85.8M | 53M | 35.3M | 58.3M | 61.5M | 39.1M | 43.7M | 33.4M | 704K | 48.9M | 41.5M | 24.4M | |
(0.0) | (133.2M) | (88.5M) | (32.3M) | (181.2M) | (108.9M) | (70.6M) | (48.2M) | (65M) | (70.8M) | (79.4M) | (77.8M) | (65M) | (77.6M) | (39M) | (37.8M) | (18.1M) | (5.3M) | (9M) | (0.0) | |
-59.7M | -55.1M | 59.5M | -159.5M | -330M | 479.1M | -13.1M | 84.4M | -175.2M | 18.2M | -80.8M | -109.7M | -70.5M | 28.8M | -49.9M | -51.7M | -18.9M | -63M | -55.8M | 71.8M | |
346.5M | 517.9M | 582.1M | 284.8M | 401.2M | 1B | 445.2M | 494.2M | 238.1M | 346.6M | 208.4M | 170.6M | 192.5M | 298.7M | 217.1M | 144.5M | 165.6M | 107.4M | 86M | 227.7M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
(36.3M) | -222.2M | -229.2M | -190.4M | -180.5M | -146.4M | -157.1M | -167.3M | -233.2M | -161.6M | -182.6M | -95.2M | -73.7M | -68.2M | -46M | -51.8M | -57.9M | -56.5M | -166.1M | -155.1M | |
-9.2M | -13.1M | -39.4M | -44.3M | -102.9M | -52.2M | -159.8M | -536.6M | -40.1M | -473.2M | -1B | -5.8M | -36.6M | -20.7M | -16.6M | -165.8M | -21.4M | -5M | -227.4M | (71.7M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -1M | -3.4M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1M | 3.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-243.6M | 4.3M | 163K | 8.3M | 26.8M | 83.3M | 192K | 6.8M | 80.4M | 80.5M | 1.8M | -4.6M | 2.9M | 16.5M | 7.9M | 565K | 1.3M | 1M | 10.8M | 1.9M | |
-216.5M | -231M | -268.5M | -226.3M | -256.6M | -115.4M | -316.7M | -697.1M | -193M | -554.3M | -1.2B | -101.1M | -107.3M | -72.4M | -54.7M | -217M | -77.9M | -60.4M | -382.7M | -81.5M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-100.1M | 473.3M | -12.8M | -195.5M | -79.5M | -16M | -38.5M | -6.8M | -4.8M | -2.9M | -15.8M | -130.7M | -10.3M | -45.1M | -72.6M | -43.9M | 66K | -522K | 252K | -41K | |
42.3M | -493.5M | -204M | 264.7M | 195.7M | -48.1M | 73.5M | 570.9M | -18.3M | 294.4M | 836.5M | 116.9M | -65.3M | 67.6M | -77.5M | 41.5M | -383M | 15.2M | 221M | -98.7M | |
-31.4M | -64.6M | -63.9M | -64.6M | -50.6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -13.1M | -53.4M | -42M | -210.9M | (0.0) | (0.0) | (0.0) | (0.0) | -1.7M | -1.8M | |
-100.1M | -37.9M | -12.8M | -195.5M | -79.5M | -16M | -38.5M | -6.8M | -4.8M | -2.9M | -15.8M | -130.7M | -11.8M | -46.9M | -72.8M | -44.1M | -80K | -612K | -14K | -41K | |
-74M | -226.4M | -46.9M | -39.5M | -713M | -607.4M | -2.7M | -308.5M | 1.4M | 864K | 206.8M | -3.3M | -2M | -9.8M | -4.6M | -4.4M | 314.6M | -2M | 0.0 | 0.0 | |
-163.2M | -311.2M | -327.5M | -34.9M | -647.4M | -671.5M | 32.3M | 255.6M | -21.6M | 292.3M | 1B | -70.5M | -121M | -198.2M | -154.7M | -6.9M | -68.3M | 12.7M | 219.6M | -100.5M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 35K | |
-33.2M | -24.3M | -13.9M | 23.6M | -502.8M | 241.2M | 160.7M | 52.6M | 23.5M | 84.6M | 11.1M | -965K | -35.8M | 28.1M | 7.7M | -79.3M | 19.4M | 59.7M | -77.1M | 45.7M | |
59.7M | 84M | 97.9M | 74.3M | 577.1M | 335.9M | 175.2M | 122.5M | 99M | 14.4M | 3.4M | 4.3M | 40.1M | 12M | 4.4M | 83.7M | 64.3M | 4.5M | 81.6M | 35.9M | |
26.5M | 59.7M | 84M | 97.9M | 74.3M | 577.1M | 335.9M | 175.2M | 122.5M | 99M | 14.4M | 3.4M | 4.3M | 40.1M | 12M | 4.4M | 83.7M | 64.3M | 4.5M | 81.6M | |
382.7M | 539.6M | 352.9M | 94.5M | 220.7M | 881.6M | 288.1M | 326.9M | 4.9M | 185M | 25.8M | 75.4M | 118.9M | 230.5M | 171.1M | 92.8M | 107.8M | 50.9M | -80.1M | 72.6M |
SEM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | April 30, 2026 | April 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 23, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 04, 2026 | April 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 03, 2026 | March 02, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 19, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 19, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 19, 2025 | December 17, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 25, 2025 | November 24, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 30, 2025 | September 30, 2025 | 2025 |
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