Select Medical Holdings Corporation (SEM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -3.46M | 64.33M | 175.31M | 110.29M | -3.46M | 125.43M | 180.97M | 278.15M | -66.69M | 179.44M | 116.34M | 234.84M | 51.44M | 12.54M | 94.26M | 171.68M | 6.34M | -60.75M | 98.95M | 123.14M |
| Operating CF Margin % | -0.24% | 4.61% | 12.86% | 8.23% | -0.26% | -102.32% | 10.28% | 21.7% | -3.73% | 14.73% | 6.98% | 14.02% | 3.09% | 0.79% | 6.01% | 10.83% | 0.4% | -3.89% | 6.45% | 7.87% |
| Operating CF Growth % | 0% | -48.72% | -3.13% | -60.35% | 94.82% | -30.1% | 55.55% | 18.44% | -229.64% | 1330.5% | 23.42% | 36.79% | 711.74% | 120.65% | -4.74% | 39.42% | -97.36% | -129.29% | -26.45% | -80.82% |
| Net Income | 74.73M | 19.55M | 44.18M | 57.88M | 74.73M | 3.76M | 81.02M | 94.77M | 117.17M | 61.8M | 60.82M | 91.86M | 85.26M | 37.71M | 38.13M | 66.26M | 55.93M | 66.31M | 100.22M | 196.21M |
| Depreciation & Amortization | 34.81M | 36.2M | 34.44M | 34.85M | 34.81M | 45.74M | 50.14M | 53.94M | 54.82M | 53.98M | 52.39M | 49.94M | 52.42M | 52.25M | 51.46M | 51.08M | 51.04M | 51.94M | 50.13M | 50.95M |
| Stock-Based Compensation | 3.89M | 0 | 4.25M | 4.03M | 3.89M | 61.27M | 13.38M | 14.25M | 11.61M | 11.82M | 11.48M | 10.33M | 10.18M | 9.8M | 10.19M | 8.95M | 8.82M | 8.94M | 8.19M | 7.1M |
| Deferred Taxes | -5.66M | 20.11M | 17.89M | -1.69M | -5.66M | 2.51M | -602K | -27.45M | -6.89M | 930K | -6.17M | -8.28M | -2.6M | 14.6M | -5.12M | -2.38M | 420K | 17.02M | -3.64M | -7.43M |
| Other Non-Cash Items | 131.82M | 18.61M | 17K | -2.63M | 10.68M | 9.77M | -4.93M | -4.11M | 2.85M | 3.95M | -9.25M | -3.3M | -5M | -2.07M | -2.03M | -3.38M | 2.72M | -3.71M | -3.13M | -2.94M |
| Working Capital Changes | -243.05M | -30.14M | 74.52M | 17.86M | -121.91M | 2.38M | 41.96M | 146.76M | -246.25M | 46.96M | 7.07M | 94.29M | -88.82M | -99.74M | 1.63M | 51.16M | -112.59M | -201.25M | -52.82M | -120.76M |
| Change in Receivables | -89.08M | -38.7M | 83.14M | -548K | -89.08M | 20.92M | 22.35M | 56.2M | -195.31M | 4.17M | 20.12M | 32.26M | -55.4M | -32.5M | 12.74M | 19.79M | -52.23M | 22.46M | 32.4M | 28.39M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.66M | 28.49M |
| Change in Payables | 13.46M | -18.63M | -3.32M | 7.63M | 13.46M | -14.73M | 5.56M | -1.9M | -5.72M | -11.2M | -2.31M | 11.66M | -4.56M | -25.86M | -27.06M | -11.2M | 16.07M | 30.48M | 4.03M | -4.58M |
| Cash from Investing | -52.31M | -63.95M | -32.61M | -64.67M | -52.31M | -74.19M | -45.09M | -52.32M | -57.66M | -69.58M | -63.02M | -66.81M | -69.06M | -57.23M | -55.01M | -58.76M | -55.33M | -99.27M | -69.08M | -35.66M |
| Capital Expenditures | -52.34M | -59.1M | -53.1M | -64.68M | -52.34M | -63.43M | -50.68M | -55.55M | -52.52M | -60.6M | -50.2M | -59.51M | -58.88M | -55.25M | -41.94M | -46.33M | -46.84M | -55.15M | -48.94M | -36.72M |
| CapEx % of Revenue | 3.68% | 4.23% | 3.89% | 4.83% | 3.87% | -51.74% | 2.88% | 4.33% | 2.94% | 4.98% | 3.01% | 3.55% | 3.54% | 3.49% | 2.68% | 2.92% | 2.93% | 3.54% | 3.19% | 2.35% |
| Acquisitions | 0 | -4.85M | -1.6M | 0 | 0 | -10.79M | 3.68M | 7.23M | -5.14M | -9.08M | -12.82M | -7.33M | -10.2M | -4.96M | -13.12M | -17.71M | -8.52M | -59.68M | -21.93M | -8.38M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 24K | 0 | 22.09M | 15K | 24K | 22K | 1.91M | -4M | 0 | 103K | 4K | 36K | 20K | 2.98M | 50K | 5.28M | 37K | 15.56M | 1.79M | 9.44M |
| Cash from Financing | 49.29M | -33.9M | -134.99M | -46.49M | 49.29M | -183.01M | -55.57M | -207.29M | 132.96M | -103.29M | -77.05M | -150.56M | 3.42M | 34.37M | -25.7M | -149.13M | 105.56M | -513.65M | -85.38M | -34.26M |
| Debt Issued (Net) | 70.65M | 15.46M | -108.24M | 59.57M | 75.54M | 53.09M | -520.28M | -184.11M | 157.84M | -73.08M | -26.34M | -129.1M | 24.55M | 58.07M | 27.05M | 567K | 179M | 199.09M | 3M | -5.97M |
| Equity Issued (Net) | -11.39M | -542K | -1.97M | -86.18M | -11.39M | -19.98M | 494.67M | -1.4M | 0 | -1.71M | -9.54M | -1.51M | 0 | -1.91M | -14.99M | -126.95M | -51.68M | -13.43M | -64.44M | -1.61M |
| Dividends Paid | -8.06M | -7.75M | -7.74M | -7.88M | -8.06M | -16.12M | -16.19M | -16.25M | -16.05M | -16.05M | -16.04M | -15.92M | -15.9M | -15.9M | -15.89M | -16.11M | -16.69M | -16.78M | -16.94M | -16.88M |
| Share Repurchases | -11.39M | -542K | -1.97M | -86.18M | -11.39M | -19.98M | -16.52M | -1.4M | 0 | -1.71M | -9.54M | -1.51M | 0 | -1.91M | -14.99M | -126.95M | -51.68M | -13.43M | -64.44M | -1.61M |
| Other Financing | -1.91M | -41.07M | -17.05M | -12M | -6.8M | -200M | -13.77M | -5.53M | -8.84M | -12.46M | -25.13M | -4.04M | -5.24M | -5.89M | -21.86M | -6.64M | -5.07M | -682.54M | -7.01M | -9.8M |
| Net Change in Cash | -6.48M | -33.53M | 7.71M | -864K | -6.48M | -131.77M | 80.31M | 18.54M | 8.61M | 6.57M | -23.73M | 17.46M | -14.2M | -10.32M | 13.55M | -36.21M | 56.57M | -673.67M | -55.51M | 53.22M |
| Free Cash Flow | -55.8M | 5.22M | 122.2M | 45.61M | -55.8M | 62M | 130.29M | 222.6M | -119.21M | 118.84M | 66.14M | 175.32M | -7.45M | -42.71M | 52.32M | 125.35M | -40.51M | -115.9M | 50.01M | 86.42M |
| FCF Margin % | -3.93% | 0.37% | 8.96% | 3.4% | -4.12% | -50.58% | 7.4% | 17.37% | -6.66% | 9.76% | 3.97% | 10.47% | -0.45% | -2.7% | 3.34% | 7.91% | -2.53% | -7.43% | 3.26% | 5.53% |
| FCF Growth % | 0% | -91.57% | -6.2% | -79.51% | 53.19% | -47.83% | 96.99% | 26.97% | -1501.16% | 378.25% | 26.41% | 39.87% | 81.62% | 63.15% | 4.62% | 45.05% | -120.24% | -169.58% | -50.1% | -85.83% |
| FCF per Share | -0.45 | 0.04 | 0.99 | 0.37 | -0.44 | 0.48 | 1.04 | 1.80 | -0.96 | 0.96 | 0.54 | 1.43 | -0.06 | -0.34 | 0.43 | 1.00 | -0.31 | -0.89 | 0.38 | 0.66 |
| FCF Conversion (FCF/Net Income) | -0.08x | 3.19x | 6.09x | 2.72x | -0.06x | -7.82x | 3.25x | 3.59x | -0.69x | 3.88x | 2.41x | 3.00x | 0.73x | 0.46x | 3.47x | 3.11x | 0.13x | -1.22x | 1.29x | 0.75x |
| Interest Paid | 0 | 0 | 0 | 38.29M | 23.77M | 39.47M | 74.88M | 53.04M | 88.83M | 50.56M | 88.12M | 49.05M | 84.53M | 40M | 69.24M | 20.7M | 53.52M | 13.63M | 51.62M | 14.48M |
| Taxes Paid | 0 | 0 | 0 | 19.58M | 1.47M | -102.7M | 41.87M | 60.22M | 604K | 10.01M | 35.75M | 42.42M | 336K | 7.45M | 8.42M | 15.5M | 923K | 44.33M | 60.76M | 74.75M |