Growth Metrics

Select Medical Holdings (SEM) Operating Leases (2019 - 2026)

Select Medical Holdings (SEM) reported Operating Leases of $931.2 million for Q1 2026, up 18.19% year-over-year from $787.9 million in Q1 2025, and up 11.47% on a QoQ basis from $835.4 million in Q4 2025.

Select Medical Holdings (SEM) has 8 years of Operating Leases data on file, last reported at $931.2 million in Q1 2026.

  • Quarterly Operating Leases rose 18.19% year-over-year to $931.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $931.2 million (up 18.19% YoY) and the FY2025 annual result came in at $835.4 million, down 13.59% from the prior year.
  • Operating Leases improved to $931.2 million in Q1 2026 per SEM's latest filing, from $835.4 million in the prior quarter.
  • Across five years, Operating Leases topped out at $1.2 billion in Q3 2024 and bottomed at $787.9 million in Q1 2025.
  • The 5-year median for Operating Leases is $967.8 million (2022), against an average of $954.3 million.
  • The widest annual swing landed in 2025, when Operating Leases declined 29.64%; it then rose 18.19% in 2026.
  • Tracing SEM's Operating Leases over 5 years: stood at $1.0 billion in 2022, then retreated by 16.6% to $841.0 million in 2023, then grew by 14.95% to $966.7 million in 2024, then slipped by 13.59% to $835.4 million in 2025, then increased by 11.47% to $931.2 million in 2026.
  • Per Business Quant, the three latest SEM Operating Leases figures stand at $931.2 million (Q1 2026), $835.4 million (Q4 2025), and $818.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn
10 Select Medical Holdings 1.99 Bn 1.99 Bn 175.47 Mn

Historic Data

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DateValue
Mar 31, 2026 931.20 Mn
Dec 31, 2025 835.36 Mn
Sep 30, 2025 818.59 Mn
Jun 30, 2025 818.13 Mn
Mar 31, 2025 787.86 Mn
Dec 31, 2024 966.73 Mn
Sep 30, 2024 1.16 Bn
Jun 30, 2024 1.09 Bn
Mar 31, 2024 1.02 Bn
Dec 31, 2023 841.01 Mn
Sep 30, 2023 1.02 Bn
Jun 30, 2023 1.02 Bn
Mar 31, 2023 1.02 Bn
Dec 31, 2022 1.01 Bn
Sep 30, 2022 967.76 Mn
Jun 30, 2022 974.66 Mn
Mar 31, 2022 938.42 Mn
Dec 31, 2021 916.54 Mn
Sep 30, 2021 1.14 Bn
Jun 30, 2021 1.12 Bn
Mar 31, 2021 894.53 Mn
Dec 31, 2020 1.10 Bn
Sep 30, 2020 1.07 Bn
Jun 30, 2020 866.10 Mn
Mar 31, 2020 860.80 Mn
Dec 31, 2019 1.06 Bn
Sep 30, 2019 1.05 Bn