Select Medical Holdings (SEM)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 554,874 | 403,283 | 713,774 | 567,657 | 471,881 |
| Revenue | US$ in thousands | 6,457,510 | 6,549,040 | 6,411,890 | 5,748,680 | 5,539,610 |
| Operating profit margin | 8.59% | 6.16% | 11.13% | 9.87% | 8.52% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $554,874K ÷ $6,457,510K
= 8.59%
Select Medical Holdings Corporation's operating profit margin has shown some fluctuation over the past five years. In 2023, the operating profit margin improved to 8.30% compared to 5.91% in 2022. This indicates that the company's ability to generate profit from its core operations strengthened in the most recent year. However, it is worth noting that the operating profit margin was higher in 2021 at 9.18%.
The operating profit margin in 2020 and 2019 was relatively consistent at 8.63% and 8.65% respectively. This stability suggests that the company was able to maintain a healthy level of profitability from its operations during those years.
Overall, while there have been fluctuations in Select Medical Holdings Corporation's operating profit margin over the past five years, the trend shows a general resilience in its ability to generate profit from its core business activities.
Peer comparison
Dec 31, 2023