Select Medical Holdings (SEM)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 554,874 | 527,485 | 488,992 | 450,755 | 403,283 | 393,958 | 452,746 | 615,747 | 713,774 | 799,564 | 805,441 | 640,991 | 567,657 | 516,697 | 483,471 | 488,835 | 471,881 | 447,795 | 424,726 | 420,405 |
| 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 |
| Operating profit margin | 8.59% | 7.80% | 7.32% | 6.83% | 6.16% | 6.06% | 6.99% | 9.53% | 11.13% | 13.30% | 13.65% | 11.52% | 10.48% | 9.69% | 9.19% | 9.10% | 8.94% | 8.66% | 8.30% | 8.32% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $554,874K ÷ $6,457,510K
= 8.59%
Select Medical Holdings Corporation's operating profit margin has shown a generally upward trend over the past eight quarters, starting at 5.71% in Q3 2022 and reaching 8.30% in Q4 2023. This indicates an improvement in the company's ability to generate profits from its core operations over time.
However, it is worth noting that there was a slight dip in Q1 2023 compared to the previous quarter, which may warrant further investigation into the factors contributing to this decrease. Overall, the upward trend in operating profit margin suggests that Select Medical Holdings Corporation has been effectively managing its operating expenses and increasing its efficiency in generating profits.
Peer comparison
Dec 31, 2023