Select Medical Holdings Corporation (SEM)

Select Medical Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	146.22	214.04	243.49	158.99	402.23
Depreciation & Amortization	140.3	142.87	135.69	132.16	202.65
Other Amortization	3.14	2.96	2.65	2.27	2.22
Loss (Gain) From Sale of Assets	0.01	-1.06	-0.06	-2.71	-2.41
Loss (Gain) on Equity Investments	-1.55	-21.05	-17.4	-4.5	-7.43
Stock-Based Compensation	16.7	100.67	43.81	37.76	30.94
Provision & Write-off of Bad Debts	2.36	4.28	1.03	0.17	0.24
Other Operating Activities	98.97	69.27	40.3	46.55	102.78
Change in Accounts Receivable	-45.19	-95.85	1.16	-52.18	23.1
Change in Accounts Payable	-0.85	-16.79	-6.41	-48.04	53.39
Change in Unearned Revenue	-	-	-	-83.79	-323.7
Change in Other Net Operating Assets	-13.64	57.5	64.75	24.48	-82.77
Operating Cash Flow	346.47	517.86	582.06	284.83	401.23
Operating Cash Flow Growth	-33.10%	-11.03%	104.36%	-29.01%	-60.97%
Capital Expenditures	-229.23	-222.18	-229.2	-190.37	-180.54
Sale of Property, Plant & Equipment	23.39	4.26	0.16	8.34	26.82
Cash Acquisitions	-9.2	-13.1	-29.57	-26.99	-81.91
Investment in Securities	-1.46	-	-9.87	-17.32	-20.97
Investing Cash Flow	-216.49	-231.01	-268.48	-226.34	-256.59
Short-Term Debt Issued	-	-	-	-	42.35
Long-Term Debt Issued	1,391	4,322	3,029	1,146	193.01
Total Debt Issued	1,391	4,322	3,029	1,146	235.37
Short-Term Debt Repaid	-9.05	-4.47	-1.69	-10.39	-
Long-Term Debt Repaid	-1,340	-4,811	-3,231	-870.59	-39.67
Total Debt Repaid	-1,349	-4,815	-3,233	-880.99	-39.67
Net Debt Issued (Repaid)	42.34	-493.46	-203.95	264.68	195.7
Issuance of Common Stock	-	511.2	-	-	-
Repurchase of Common Stock	-100.08	-37.91	-12.76	-195.53	-79.48
Common Dividends Paid	-31.44	-64.62	-63.9	-64.59	-50.6
Other Financing Activities	-73.98	-226.38	-46.86	-39.45	-713.01
Financing Cash Flow	-163.15	-311.17	-327.48	-34.89	-647.39
Net Cash Flow	-33.17	-24.31	-13.9	23.6	-502.75
Free Cash Flow	117.24	295.69	352.86	94.45	220.69
Free Cash Flow Growth	-60.35%	-16.20%	273.58%	-57.20%	-74.97%
Free Cash Flow Margin	2.15%	5.70%	7.31%	2.05%	3.56%
Free Cash Flow Per Share	0.96	2.37	2.87	0.76	1.69
Cash Interest Paid	120.62	256.23	272.26	183.45	132.2
Cash Income Tax Paid	26.02	133.19	88.51	32.29	181.18
Levered Free Cash Flow	31.78	72.72	110.93	-206.27	57.88
Unlevered Free Cash Flow	102.35	150.14	204.63	-122.63	140.65
Change in Working Capital	-59.68	-55.14	59.5	-159.54	-329.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q