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Side-by-side financial comparison of SELECT MEDICAL HOLDINGS CORP (SEM) and XPO, Inc. (XPO). Click either name above to swap in a different company.
XPO, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× SELECT MEDICAL HOLDINGS CORP). XPO, Inc. runs the higher net margin — 4.8% vs 4.5%, a 0.3% gap on every dollar of revenue. On growth, XPO, Inc. posted the faster year-over-year revenue change (7.3% vs 5.0%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (5.3% CAGR vs 0.4%).
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.
XPO, Inc., formerly XPO Logistics, is an American transportation company that conducts less-than-truckload shipping in North America. The company has headquarters in Greenwich, Connecticut, and has 592 locations globally. XPO is the second largest provider of less-than-truckload (LTL) services in North America, operating in 99 percent of all U.S. postal codes.
SEM vs XPO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.1B |
| Net Profit | $63.8M | $101.0M |
| Gross Margin | — | — |
| Operating Margin | 6.9% | 8.3% |
| Net Margin | 4.5% | 4.8% |
| Revenue YoY | 5.0% | 7.3% |
| Net Profit YoY | -14.7% | 46.4% |
| EPS (diluted) | $0.35 | $0.85 |
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 | $2.1B | ||
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.4B | $2.0B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.1B |
| Q1 26 | $63.8M | $101.0M | ||
| Q4 25 | $20.2M | $59.0M | ||
| Q3 25 | $28.8M | $82.0M | ||
| Q2 25 | $40.6M | $106.0M | ||
| Q1 25 | $56.7M | $69.0M | ||
| Q4 24 | $-16.1M | $75.0M | ||
| Q3 24 | $55.6M | $95.0M | ||
| Q2 24 | $77.6M | $150.0M |
| Q1 26 | 6.9% | 8.3% | ||
| Q4 25 | 4.6% | 7.1% | ||
| Q3 25 | 5.4% | 7.8% | ||
| Q2 25 | 6.5% | 9.5% | ||
| Q1 25 | 8.3% | 7.7% | ||
| Q4 24 | 1.6% | 7.8% | ||
| Q3 24 | 4.3% | 8.6% | ||
| Q2 24 | 5.8% | 9.5% |
| Q1 26 | 4.5% | 4.8% | ||
| Q4 25 | 1.4% | 2.9% | ||
| Q3 25 | 2.1% | 3.9% | ||
| Q2 25 | 3.0% | 5.1% | ||
| Q1 25 | 4.2% | 3.5% | ||
| Q4 24 | -1.2% | 3.9% | ||
| Q3 24 | 4.4% | 4.6% | ||
| Q2 24 | 6.1% | 7.2% |
| Q1 26 | $0.35 | $0.85 | ||
| Q4 25 | $0.17 | $0.49 | ||
| Q3 25 | $0.23 | $0.68 | ||
| Q2 25 | $0.32 | $0.89 | ||
| Q1 25 | $0.44 | $0.58 | ||
| Q4 24 | $-0.12 | $0.63 | ||
| Q3 24 | $0.43 | $0.79 | ||
| Q2 24 | $0.60 | $1.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $25.7M | $237.0M |
| Total DebtLower is stronger | $1.8B | $3.3B |
| Stockholders' EquityBook value | $2.1B | $1.9B |
| Total Assets | $6.0B | $8.2B |
| Debt / EquityLower = less leverage | 0.88× | 1.77× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $25.7M | $237.0M | ||
| Q4 25 | $26.5M | $310.0M | ||
| Q3 25 | $60.1M | $335.0M | ||
| Q2 25 | $52.3M | $225.0M | ||
| Q1 25 | $53.2M | $212.0M | ||
| Q4 24 | $59.7M | $246.0M | ||
| Q3 24 | $191.5M | $378.0M | ||
| Q2 24 | $111.2M | $250.0M |
| Q1 26 | $1.8B | $3.3B | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.6B | — |
| Q1 26 | $2.1B | $1.9B | ||
| Q4 25 | $1.7B | $1.9B | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.7B | $1.6B | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.4B | $1.5B |
| Q1 26 | $6.0B | $8.2B | ||
| Q4 25 | $5.9B | $8.2B | ||
| Q3 25 | $5.7B | $8.2B | ||
| Q2 25 | $5.7B | $8.1B | ||
| Q1 25 | $5.7B | $7.9B | ||
| Q4 24 | $5.6B | $7.7B | ||
| Q3 24 | $8.0B | $7.9B | ||
| Q2 24 | $7.9B | $7.7B |
| Q1 26 | 0.88× | 1.77× | ||
| Q4 25 | 1.06× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 1.62× | — | ||
| Q2 24 | 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 | — | $183.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.81× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $183.0M | ||
| Q4 25 | $64.3M | — | ||
| Q3 25 | $175.3M | $371.0M | ||
| Q2 25 | $110.3M | $247.0M | ||
| Q1 25 | $-3.5M | $142.0M | ||
| Q4 24 | $125.4M | $189.0M | ||
| Q3 24 | $181.0M | $264.0M | ||
| Q2 24 | $278.2M | $210.0M |
| Q1 26 | — | — | ||
| Q4 25 | $5.2M | — | ||
| Q3 25 | $122.2M | $215.0M | ||
| Q2 25 | $45.6M | $51.0M | ||
| Q1 25 | $-55.8M | $-57.0M | ||
| Q4 24 | $62.0M | $23.0M | ||
| Q3 24 | $130.3M | $137.0M | ||
| Q2 24 | $222.6M | $20.0M |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 9.0% | 10.2% | ||
| Q2 25 | 3.4% | 2.5% | ||
| Q1 25 | -4.1% | -2.9% | ||
| Q4 24 | 4.7% | 1.2% | ||
| Q3 24 | 10.2% | 6.7% | ||
| Q2 24 | 17.4% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 5.3% | ||
| Q3 25 | 3.9% | 7.4% | ||
| Q2 25 | 4.8% | 9.4% | ||
| Q1 25 | 3.9% | 10.2% | ||
| Q4 24 | 4.8% | 8.6% | ||
| Q3 24 | 4.0% | 6.2% | ||
| Q2 24 | 4.3% | 9.1% |
| Q1 26 | — | 1.81× | ||
| Q4 25 | 3.19× | — | ||
| Q3 25 | 6.09× | 4.52× | ||
| Q2 25 | 2.72× | 2.33× | ||
| Q1 25 | -0.06× | 2.06× | ||
| Q4 24 | — | 2.52× | ||
| Q3 24 | 3.25× | 2.78× | ||
| Q2 24 | 3.59× | 1.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
