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Side-by-side financial comparison of Sally Beauty Holdings, Inc. (SBH) and SELECT MEDICAL HOLDINGS CORP (SEM). Click either name above to swap in a different company.
SELECT MEDICAL HOLDINGS CORP is the larger business by last-quarter revenue ($1.4B vs $943.2M, roughly 1.5× Sally Beauty Holdings, Inc.). Sally Beauty Holdings, Inc. runs the higher net margin — 4.8% vs 4.5%, a 0.3% gap on every dollar of revenue. On growth, SELECT MEDICAL HOLDINGS CORP posted the faster year-over-year revenue change (5.0% vs 0.6%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (5.3% CAGR vs 1.9%).
Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
SBH vs SEM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $943.2M | $1.4B |
| Net Profit | $45.6M | $63.8M |
| Gross Margin | 51.2% | — |
| Operating Margin | 8.1% | 6.9% |
| Net Margin | 4.8% | 4.5% |
| Revenue YoY | 0.6% | 5.0% |
| Net Profit YoY | -25.3% | -14.7% |
| EPS (diluted) | $0.45 | $0.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $943.2M | $1.4B | ||
| Q3 25 | $947.1M | $1.4B | ||
| Q2 25 | $933.3M | $1.3B | ||
| Q1 25 | $883.1M | $1.4B | ||
| Q4 24 | $937.9M | $1.3B | ||
| Q3 24 | $935.0M | $1.3B | ||
| Q2 24 | $942.3M | $1.3B |
| Q1 26 | — | $63.8M | ||
| Q4 25 | $45.6M | $20.2M | ||
| Q3 25 | $49.9M | $28.8M | ||
| Q2 25 | $45.7M | $40.6M | ||
| Q1 25 | $39.2M | $56.7M | ||
| Q4 24 | $61.0M | $-16.1M | ||
| Q3 24 | $48.1M | $55.6M | ||
| Q2 24 | $37.7M | $77.6M |
| Q1 26 | — | — | ||
| Q4 25 | 51.2% | — | ||
| Q3 25 | 52.2% | — | ||
| Q2 25 | 51.5% | — | ||
| Q1 25 | 52.0% | — | ||
| Q4 24 | 50.8% | — | ||
| Q3 24 | 51.2% | — | ||
| Q2 24 | 51.0% | — |
| Q1 26 | — | 6.9% | ||
| Q4 25 | 8.1% | 4.6% | ||
| Q3 25 | 8.4% | 5.4% | ||
| Q2 25 | 8.4% | 6.5% | ||
| Q1 25 | 7.9% | 8.3% | ||
| Q4 24 | 10.7% | 1.6% | ||
| Q3 24 | 8.8% | 4.3% | ||
| Q2 24 | 7.6% | 5.8% |
| Q1 26 | — | 4.5% | ||
| Q4 25 | 4.8% | 1.4% | ||
| Q3 25 | 5.3% | 2.1% | ||
| Q2 25 | 4.9% | 3.0% | ||
| Q1 25 | 4.4% | 4.2% | ||
| Q4 24 | 6.5% | -1.2% | ||
| Q3 24 | 5.1% | 4.4% | ||
| Q2 24 | 4.0% | 6.1% |
| Q1 26 | — | $0.35 | ||
| Q4 25 | $0.45 | $0.17 | ||
| Q3 25 | $0.49 | $0.23 | ||
| Q2 25 | $0.44 | $0.32 | ||
| Q1 25 | $0.38 | $0.44 | ||
| Q4 24 | $0.58 | $-0.12 | ||
| Q3 24 | $0.45 | $0.43 | ||
| Q2 24 | $0.36 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $157.2M | $25.7M |
| Total DebtLower is stronger | $842.5M | $1.8B |
| Stockholders' EquityBook value | $823.6M | $2.1B |
| Total Assets | $2.9B | $6.0B |
| Debt / EquityLower = less leverage | 1.02× | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $25.7M | ||
| Q4 25 | $157.2M | $26.5M | ||
| Q3 25 | $149.2M | $60.1M | ||
| Q2 25 | $112.8M | $52.3M | ||
| Q1 25 | $92.2M | $53.2M | ||
| Q4 24 | $105.5M | $59.7M | ||
| Q3 24 | $108.0M | $191.5M | ||
| Q2 24 | $97.4M | $111.2M |
| Q1 26 | — | $1.8B | ||
| Q4 25 | $842.5M | $1.8B | ||
| Q3 25 | $862.0M | $1.7B | ||
| Q2 25 | $882.4M | $1.8B | ||
| Q1 25 | $902.8M | $1.8B | ||
| Q4 24 | $938.1M | $1.7B | ||
| Q3 24 | $978.3M | $3.1B | ||
| Q2 24 | $978.9M | $3.6B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $823.6M | $1.7B | ||
| Q3 25 | $794.2M | $1.7B | ||
| Q2 25 | $762.9M | $1.7B | ||
| Q1 25 | $699.8M | $1.7B | ||
| Q4 24 | $656.5M | $1.7B | ||
| Q3 24 | $628.5M | $1.9B | ||
| Q2 24 | $577.7M | $1.4B |
| Q1 26 | — | $6.0B | ||
| Q4 25 | $2.9B | $5.9B | ||
| Q3 25 | $2.9B | $5.7B | ||
| Q2 25 | $2.7B | $5.7B | ||
| Q1 25 | $2.7B | $5.7B | ||
| Q4 24 | $2.7B | $5.6B | ||
| Q3 24 | $2.8B | $8.0B | ||
| Q2 24 | $2.7B | $7.9B |
| Q1 26 | — | 0.88× | ||
| Q4 25 | 1.02× | 1.06× | ||
| Q3 25 | 1.09× | 1.03× | ||
| Q2 25 | 1.16× | 1.10× | ||
| Q1 25 | 1.29× | 1.03× | ||
| Q4 24 | 1.43× | 1.01× | ||
| Q3 24 | 1.56× | 1.62× | ||
| Q2 24 | 1.69× | 2.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $93.2M | — |
| Free Cash FlowOCF − Capex | $57.5M | — |
| FCF MarginFCF / Revenue | 6.1% | — |
| Capex IntensityCapex / Revenue | 3.8% | — |
| Cash ConversionOCF / Net Profit | 2.05× | — |
| TTM Free Cash FlowTrailing 4 quarters | $216.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $93.2M | $64.3M | ||
| Q3 25 | $120.9M | $175.3M | ||
| Q2 25 | $69.4M | $110.3M | ||
| Q1 25 | $51.1M | $-3.5M | ||
| Q4 24 | $33.5M | $125.4M | ||
| Q3 24 | $110.7M | $181.0M | ||
| Q2 24 | $47.9M | $278.2M |
| Q1 26 | — | — | ||
| Q4 25 | $57.5M | $5.2M | ||
| Q3 25 | $78.0M | $122.2M | ||
| Q2 25 | $49.1M | $45.6M | ||
| Q1 25 | $32.2M | $-55.8M | ||
| Q4 24 | $13.4M | $62.0M | ||
| Q3 24 | $73.3M | $130.3M | ||
| Q2 24 | $28.7M | $222.6M |
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 0.4% | ||
| Q3 25 | 8.2% | 9.0% | ||
| Q2 25 | 5.3% | 3.4% | ||
| Q1 25 | 3.6% | -4.1% | ||
| Q4 24 | 1.4% | 4.7% | ||
| Q3 24 | 7.8% | 10.2% | ||
| Q2 24 | 3.1% | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 4.2% | ||
| Q3 25 | 4.5% | 3.9% | ||
| Q2 25 | 2.2% | 4.8% | ||
| Q1 25 | 2.1% | 3.9% | ||
| Q4 24 | 2.1% | 4.8% | ||
| Q3 24 | 4.0% | 4.0% | ||
| Q2 24 | 2.0% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.05× | 3.19× | ||
| Q3 25 | 2.42× | 6.09× | ||
| Q2 25 | 1.52× | 2.72× | ||
| Q1 25 | 1.30× | -0.06× | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 2.30× | 3.25× | ||
| Q2 24 | 1.27× | 3.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
SEM
Segment breakdown not available.
