Select Medical Holdings (SEM) Gross Margin (2018 - 2026)

Select Medical Holdings (SEM) posted quarterly Gross Margin of 12.34% for Q1 2026, down 100.0% YoY from inf% in Q1 2025, and up 18.22% sequentially from 10.44% in Q4 2025.

Select Medical Holdings (SEM) Gross Margin (2018 - 2026) Analysis & Trends

Select Medical Holdings has disclosed Gross Margin across 9 years of filings, most recently posting 12.34% for Q1 2026.

  • In Q1 2026, Gross Margin fell 100.0% year-over-year to 12.34%; the TTM figure through Mar 2026 stood at 11.31% (down 45.0% YoY), while the FY2025 annual figure was 11.54%, down 68.0% from the prior year.
  • Gross Margin improved to 12.34% in Q1 2026, from 10.44% in the prior quarter.
  • Over the last five years, Gross Margin for SEM reached as high as 111.41% in Q4 2022 and fell as low as 10.43% in Q3 2023.
  • The 5-year median for Gross Margin is 12.04% (2022), against an average of 17.74%.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 10133 bps — and 2023, when it plunged 9959 bps.
  • A 5-year view of Gross Margin shows it stood at 111.41% in 2022, then plunged 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.
  • According to Business Quant data, Gross Margin over the past three periods registered 12.34%, 10.44%, and 10.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 85.07%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 32.82%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 82.10%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 31.42%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 84.75%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 21.12%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 71.44%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 24.35%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 74.36%
10 Select Medical Holdings 2.05 Mn -2.67 Mn 175.47 Mn 12.34%

Historic Data

Download Data
DateValue
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%