Select Medical Holdings (SEM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 633,644 | 932,041 | 733,377 | 919,366 | 821,341 |
| Revenue | US$ in thousands | 5,187,100 | 6,664,060 | 6,333,540 | 6,204,520 | 5,531,710 |
| Gross profit margin | 12.22% | 13.99% | 11.58% | 14.82% | 14.85% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $633,644K ÷ $5,187,100K
= 12.22%
The gross profit margin of Select Medical Holdings has exhibited fluctuations over the years as per the provided data. As of December 31, 2020, the gross profit margin stood at 14.85%, which declined slightly to 14.82% by December 31, 2021. However, there was a more significant decrease to 11.58% by December 31, 2022, indicating potential challenges in managing the cost of goods sold relative to revenue.
Subsequently, there was a partial recovery as the gross profit margin improved to 13.99% by December 31, 2023, suggesting some successful efforts in increasing profitability. However, by December 31, 2024, the margin decreased to 12.22%, signaling a potential reversal or continued challenges in maintaining profitability.
Overall, these fluctuations in the gross profit margin demonstrate varying degrees of efficiency in managing the production costs of Select Medical Holdings relative to its revenue over the years, reflecting the company's operational performance and competitiveness within its industry. Further analysis of the underlying factors driving these fluctuations would provide deeper insights into the company's financial health and potential strategies for improvement.
Peer comparison
Dec 31, 2024