Select Medical Holdings (SEM) Free Cash Flow (2018 - 2026)
Select Medical Holdings (SEM) reported Free Cash Flow of -$21.0 million for Q1 2026, up 62.29% year-over-year from -$13.0 million in Q1 2025, and down 502.64% on a QoQ basis from $5.2 million in Q4 2025.
Select Medical Holdings (SEM) has 9 years of Free Cash Flow data on file, last reported at -$21.0 million in Q1 2026.
- Quarterly Free Cash Flow rose 62.29% year-over-year to -$21.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $152.0 million (down 72.83% YoY) and the FY2025 annual result came in at $117.2 million, down 76.37% from the prior year.
- Free Cash Flow eased to -$21.0 million in Q1 2026 per SEM's latest filing, from $5.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $262.4 million in Q4 2024 and bottomed at -$119.2 million in Q1 2024.
- The 5-year median for Free Cash Flow is $52.3 million (2022), against an average of $61.2 million.
- The widest annual swing landed in 2023, when Free Cash Flow surged 378.25%; it then plunged 1501.16% in 2024.
- Tracing SEM's Free Cash Flow over 5 years: stood at -$42.7 million in 2022, then jumped by 378.25% to $118.8 million in 2023, then soared by 120.8% to $262.4 million in 2024, then sank by 98.01% to $5.2 million in 2025, then tumbled by 502.64% to -$21.0 million in 2026.
- Per Business Quant, the three latest SEM Free Cash Flow figures stand at -$21.0 million (Q1 2026), $5.2 million (Q4 2025), and $122.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 895.00 Mn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 1.46 Bn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 218.81 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 150.70 Mn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 90.18 Mn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 184.47 Mn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 1.65 Bn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 71.10 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 149.82 Mn |
| 10 | Select Medical Holdings | 1.99 Bn | 1.99 Bn | 175.47 Mn | -21.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.04 Mn |
| Mar 31, 2026 | -21.04 Mn |
| Dec 31, 2025 | 5.23 Mn |
| Dec 31, 2025 | 5.23 Mn |
| Sep 30, 2025 | 122.21 Mn |
| Sep 30, 2025 | 122.21 Mn |
| Jun 30, 2025 | 45.61 Mn |
| Jun 30, 2025 | 45.61 Mn |
| Mar 31, 2025 | -55.80 Mn |
| Mar 31, 2025 | -55.80 Mn |
| Dec 31, 2024 | 262.40 Mn |
| Dec 31, 2024 | 262.40 Mn |
| Sep 30, 2024 | 130.29 Mn |
| Sep 30, 2024 | 130.29 Mn |
| Jun 30, 2024 | 222.60 Mn |
| Jun 30, 2024 | 222.60 Mn |
| Mar 31, 2024 | -119.21 Mn |
| Mar 31, 2024 | -119.21 Mn |
| Dec 31, 2023 | 118.84 Mn |
| Dec 31, 2023 | 118.84 Mn |
| Sep 30, 2023 | 66.14 Mn |
| Sep 30, 2023 | 66.14 Mn |
| Jun 30, 2023 | 175.32 Mn |
| Jun 30, 2023 | 175.32 Mn |
| Mar 31, 2023 | -7.45 Mn |
| Mar 31, 2023 | -7.45 Mn |
| Dec 31, 2022 | -42.71 Mn |
| Dec 31, 2022 | -42.71 Mn |
| Sep 30, 2022 | 52.32 Mn |
| Sep 30, 2022 | 52.32 Mn |
| Jun 30, 2022 | 125.35 Mn |
| Jun 30, 2022 | 125.35 Mn |
| Mar 31, 2022 | -40.51 Mn |
| Mar 31, 2022 | -40.51 Mn |
| Dec 31, 2021 | -115.90 Mn |
| Dec 31, 2021 | -115.90 Mn |
| Sep 30, 2021 | 50.01 Mn |
| Sep 30, 2021 | 50.01 Mn |
| Jun 30, 2021 | 86.42 Mn |
| Jun 30, 2021 | 86.42 Mn |
| Mar 31, 2021 | 200.17 Mn |
| Mar 31, 2021 | 200.17 Mn |
| Dec 31, 2020 | 166.57 Mn |
| Dec 31, 2020 | 166.57 Mn |
| Sep 30, 2020 | 100.22 Mn |
| Sep 30, 2020 | 100.22 Mn |
| Jun 30, 2020 | 609.97 Mn |
| Jun 30, 2020 | 609.97 Mn |
| Mar 31, 2020 | 4.88 Mn |
| Mar 31, 2020 | 4.88 Mn |
| Dec 31, 2019 | 145.37 Mn |
| Dec 31, 2019 | 145.37 Mn |
| Sep 30, 2019 | 99.06 Mn |
| Sep 30, 2019 | 99.06 Mn |
| Jun 30, 2019 | 50.94 Mn |
| Jun 30, 2019 | 50.94 Mn |
| Mar 31, 2019 | -7.31 Mn |
| Mar 31, 2019 | -7.31 Mn |
| Dec 31, 2018 | 66.98 Mn |
| Dec 31, 2018 | 66.98 Mn |
| Sep 30, 2018 | -39.39 Mn |
| Sep 30, 2018 | -39.39 Mn |