Growth Metrics

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% on a QoQ basis from 25.21% in Q4 2025.

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

  • Quarterly Tax Rate rose 1.0% year-over-year to 22.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.29% (down 35.0% YoY) and the FY2025 annual result came in at 21.34%, down 428.0% from the prior year.
  • Tax Rate declined to 22.31% in Q1 2026 per SEM's latest filing, from 25.21% in the prior quarter.
  • Across five years, Tax Rate topped out at 227.19% in Q3 2023 and bottomed at 119.08% in Q4 2023.
  • The 5-year median for Tax Rate is 24.29% (2022), against an average of 31.13%.
  • The widest annual swing landed in 2023, when Tax Rate surged 19734 bps; it then plunged 21761 bps in 2024.
  • Tracing SEM's Tax Rate over 5 years: stood at 20.81% in 2022, then tumbled by 672 bps to 119.08% in 2023, then surged by 125 bps to 30.03% in 2024, then slipped by 16 bps to 25.21% in 2025, then declined by 11 bps to 22.31% in 2026.
  • Per Business Quant, the three latest SEM Tax Rate figures stand at 22.31% (Q1 2026), 25.21% (Q4 2025), and 21.01% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 18.80
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 19.96
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 19.40
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 19.54
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 22.41
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 23.54
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 88.41
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 25.37
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 29.07
10 Select Medical Holdings 1.99 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
Sep 30, 2023 227.19
Sep 30, 2023 227.19
Jun 30, 2023 57.60
Jun 30, 2023 57.60
Mar 31, 2023 54.73
Mar 31, 2023 54.73
Dec 31, 2022 20.81
Dec 31, 2022 20.81
Sep 30, 2022 29.85
Sep 30, 2022 29.85
Jun 30, 2022 23.02
Jun 30, 2022 23.02
Mar 31, 2022 24.29
Mar 31, 2022 24.29
Dec 31, 2021 -14.98
Dec 31, 2021 -14.98
Sep 30, 2021 21.63
Sep 30, 2021 21.63
Jun 30, 2021 25.08
Jun 30, 2021 25.08
Mar 31, 2021 24.72
Mar 31, 2021 24.72
Dec 31, 2020 25.54
Dec 31, 2020 25.54
Sep 30, 2020 23.20
Sep 30, 2020 23.20
Jun 30, 2020 25.69
Jun 30, 2020 25.69
Mar 31, 2020 23.72
Mar 31, 2020 23.72
Dec 31, 2019 20.96
Dec 31, 2019 20.96
Sep 30, 2019 22.59
Sep 30, 2019 22.59
Jun 30, 2019 25.77
Jun 30, 2019 25.77
Mar 31, 2019 25.72
Mar 31, 2019 25.72
Dec 31, 2018 27.28
Dec 31, 2018 27.28
Sep 30, 2018 24.78
Sep 30, 2018 24.78