Select Medical Holdings (SEM) Gross Margin (2018 - 2026)
Select Medical Holdings (SEM) reported Gross Margin of 12.34% for Q1 2026, down 100.0% year-over-year from inf% in Q1 2025, and up 18.22% quarter-over-quarter from 10.44% in Q4 2025.
Select Medical Holdings (SEM) Gross Margin (2018 - 2026) Analysis & Trends
Select Medical Holdings (SEM) has 9 years of Gross Margin data on file, last reported at 12.34% in Q1 2026.
- Gross Margin for Q1 2026 came in at 12.34%, down 100.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.31% (down 45.0% YoY), and the FY2025 annual result was 11.54%, down 68.0% from the prior year.
- Gross Margin advanced to 12.34% in Q1 2026 per SEM's latest filing, from 10.44% in the prior quarter.
- Over five years, Gross Margin peaked at 111.41% in Q4 2022 and troughed at 10.43% in Q3 2023.
- A 5-year average of 17.74% and a median of 12.04% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 10133 bps in 2022, then slumped 9959 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 111.41% in 2022, then slumped by 89 bps to 11.83% in 2023, then declined by 11 bps to 10.47% in 2024, then retreated by 0 bps to 10.44% in 2025, then advanced by 18 bps to 12.34% in 2026.
- Business Quant data shows SEM's Gross Margin at 12.34% in Q1 2026, 10.44% in Q4 2025, and 10.81% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Select Medical Holdings | 2.00 Bn | 1.99 Bn | 175.47 Mn | 12.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.34% |
| Dec 31, 2025 | 10.44% |
| Sep 30, 2025 | 10.81% |
| Jun 30, 2025 | 11.60% |
| Mar 31, 2025 | 13.34% |
| Dec 31, 2024 | 10.47% |
| Sep 30, 2024 | 10.69% |
| Jun 30, 2024 | 12.47% |
| Mar 31, 2024 | 15.18% |
| Dec 31, 2023 | 11.83% |
| Sep 30, 2023 | 10.43% |
| Jun 30, 2023 | 12.48% |
| Mar 31, 2023 | 12.62% |
| Dec 31, 2022 | 111.41% |
| Sep 30, 2022 | 11.10% |
| Jun 30, 2022 | 12.25% |
| Mar 31, 2022 | 12.04% |
| Dec 31, 2021 | 10.08% |
| Sep 30, 2021 | 15.42% |
| Jun 30, 2021 | 17.43% |