Select Medical Holdings (SEM) Tax Rate (2018 - 2026)

Select Medical Holdings (SEM) reported Tax Rate of 22.31% for Q1 2026, up 1.0% year-over-year from 22.09% in Q1 2025, and down 11.49% quarter-over-quarter from 25.21% in Q4 2025.

Select Medical Holdings (SEM) Tax Rate (2018 - 2026) Analysis & Trends

Select Medical Holdings (SEM) has 9 years of Tax Rate data on file, last reported at 22.31% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 22.31%, up 1.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.29% (down 35.0% YoY), and the FY2025 annual result was 21.34%, down 428.0% from the prior year.
  • Tax Rate eased to 22.31% in Q1 2026 per SEM's latest filing, from 25.21% in the prior quarter.
  • Over five years, Tax Rate peaked at 227.19% in Q3 2023 and troughed at 119.08% in Q4 2023.
  • A 5-year average of 31.13% and a median of 24.29% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 19734 bps in 2023, then slumped 21761 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 20.81% in 2022, then sank by 672 bps to 119.08% in 2023, then jumped by 125 bps to 30.03% in 2024, then declined by 16 bps to 25.21% in 2025, then retreated by 11 bps to 22.31% in 2026.
  • Business Quant data shows SEM's Tax Rate at 22.31% in Q1 2026, 25.21% in Q4 2025, and 21.01% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 18.80
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 19.96
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 19.40
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 19.54
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 22.41
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 23.54
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 88.41
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 25.37
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 29.07
10 Select Medical Holdings 2.00 Bn 1.99 Bn 175.47 Mn 22.31

Historic Data

Download Data
DateValue
Mar 31, 2026 22.31%
Mar 31, 2026 22.31%
Dec 31, 2025 25.21%
Dec 31, 2025 25.21%
Sep 30, 2025 21.01%
Sep 30, 2025 21.01%
Jun 30, 2025 17.52%
Jun 30, 2025 17.52%
Mar 31, 2025 22.30%
Mar 31, 2025 22.30%
Dec 31, 2024 30.03%
Dec 31, 2024 30.03%
Sep 30, 2024 9.58%
Sep 30, 2024 9.58%
Jun 30, 2024 32.61%
Jun 30, 2024 32.61%
Mar 31, 2024 30.25%
Mar 31, 2024 30.25%
Dec 31, 2023 -119.08%
Dec 31, 2023 -119.08%