Select Medical Holdings (SEM)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 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 | 7,340,290 | 7,154,760 | 7,106,940 | 7,021,490 |
| ROA | 3.17% | 2.92% | 2.64% | 2.35% | 2.07% | 2.40% | 3.06% | 4.52% | 5.46% | 5.44% | 5.40% | 3.99% | 3.38% | 2.79% | 2.24% | 2.26% | 2.02% | 1.97% | 2.02% | 2.06% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $243,491K ÷ $7,689,630K
= 3.17%
Select Medical Holdings Corporation's return on assets (ROA) has been showing a fluctuating trend over the past eight quarters. The ROA ranged from 2.00% to 4.37% during this period.
The ROA was at its lowest in Q4 2022 at 2.00% and reached its peak in Q1 2022 at 4.37%. It then experienced a drop in the following quarters before gradually increasing again.
Overall, the company's ROA has shown a mix of positive and negative movements, indicating varying levels of efficiency in generating profits from its assets. Further analysis and comparison with industry peers may provide additional insights into the company's operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2023