Growth Metrics

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

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DateValue
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