Select Medical Holdings (SEM)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 214,038 | 276,357 | 268,909 | 269,583 | 243,491 | 234,934 | 224,880 | 199,930 | 176,599 | 187,090 | 223,342 | 329,389 | 388,763 | 415,192 | 415,094 | 305,632 | 250,091 | 206,420 | 161,820 | 155,280 |
| Total assets | US$ in thousands | 5,607,950 | 8,002,660 | 7,875,300 | 7,858,260 | 7,689,630 | 7,684,010 | 7,701,870 | 7,699,740 | 7,665,290 | 7,554,980 | 7,551,660 | 7,535,940 | 7,360,170 | 7,899,470 | 7,956,380 | 7,920,780 | 7,655,400 | 7,659,880 | 7,468,460 | 7,115,570 |
| ROA | 3.82% | 3.45% | 3.41% | 3.43% | 3.17% | 3.06% | 2.92% | 2.60% | 2.30% | 2.48% | 2.96% | 4.37% | 5.28% | 5.26% | 5.22% | 3.86% | 3.27% | 2.69% | 2.17% | 2.18% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $214,038K ÷ $5,607,950K
= 3.82%
Select Medical Holdings has shown a fluctuating trend in its return on assets (ROA) over the past few years. The ROA ranged from a low of 2.17% in June 2020 to a high of 5.28% in December 2021. In general, the ROA has been on an upward trajectory from 2020 to 2021, indicating an improvement in the company's efficiency in generating profits from its assets.
However, there was a slight decline in ROA in the subsequent periods from March 2022 to June 2024, with the ROA hovering between 2.30% to 3.45%. This suggests that the company may have faced challenges in maintaining or further improving its profitability relative to its asset base during this period.
Overall, a sustained analysis of Select Medical Holdings' ROA indicates that while there have been fluctuations in performance, the company has managed to maintain a reasonable level of return on assets, signifying an efficient utilization of its resources to generate profits.
Peer comparison
Dec 31, 2024