Select Medical Holdings Corporation

Select Medical Holdings Corporation

SEMยทNYSE

$16.49

-0.12%
HealthcareMedical - Care Facilities

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.

At a Glance

Live Snapshot
Market Cap$2.04B
EPS1.1800
P/E Ratio13.97
Earnings Date07/30/2026
3Y+22.0%
5Y-66.0%
10Y-
3Y-4.0%
5Y+88.0%
10Y-61.0%
3Y+368.0%
5Y-76.0%
10Y-156.0%
SEM

Select Medical Holdings Corporation Cash Conversion Engine

SEM ยท NYSE
Net Income146.22M
Depreciation & Amortization140.30M
Stock-Based Compensation16.70M
Change in Working Capital-59.68M
Others72.27M
Capital Expenditures36.27M
Free Cash Flow382.74M

Cash Flow Quality Analysis

FCF Conversion Rate

261.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

10.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-29.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$59.68M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Select Medical Holdings Corporation Cash Flow Statement

SEM โ€ข NYSE

Select Medical Holdings Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 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

SEC Filings

SEM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 383 filings