Select Medical Holdings (SEM)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 243,491 | 224,726 | 203,712 | 180,682 | 158,994 | 181,347 | 231,109 | 340,796 | 402,225 | 429,642 | 429,660 | 316,416 | 258,995 | 213,788 | 167,574 | 160,740 | 148,449 | 141,055 | 143,240 | 144,935 |
| Revenue (ttm) | US$ in thousands | 6,457,510 | 6,760,560 | 6,682,750 | 6,601,130 | 6,549,040 | 6,498,680 | 6,476,780 | 6,463,510 | 6,411,730 | 6,009,720 | 5,899,480 | 5,562,470 | 5,416,770 | 5,330,860 | 5,258,810 | 5,373,360 | 5,278,660 | 5,168,760 | 5,115,800 | 5,051,950 |
| Net profit margin | 3.77% | 3.32% | 3.05% | 2.74% | 2.43% | 2.79% | 3.57% | 5.27% | 6.27% | 7.15% | 7.28% | 5.69% | 4.78% | 4.01% | 3.19% | 2.99% | 2.81% | 2.73% | 2.80% | 2.87% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $243,491K ÷ $6,457,510K
= 3.77%
The net profit margin of Select Medical Holdings Corporation has fluctuated over the past eight quarters. In Q1 2022, the net profit margin was highest at 5.26%, indicating a strong profitability relative to total revenue. However, the net profit margin declined in subsequent quarters before reaching its lowest point in Q4 2022 at 2.42%. This suggests a decrease in profitability during that period.
Subsequently, there was a gradual improvement in the net profit margin from Q1 2023 to Q4 2023, with Q4 2023 showing a net profit margin of 3.52%. This indicates a recovery in profitability compared to the preceding quarters. Overall, while there have been fluctuations in net profit margin, the trend in the most recent quarters suggests a positive trajectory for Select Medical Holdings Corporation's profitability.
Peer comparison
Dec 31, 2023