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U S Physical Therapy Inc (USPH)

U S Physical Therapy Inc brought in $812.2M of revenue over the twelve months to June 30, 2026, up 11.3% from a year earlier. Net income was $32.2M, a net margin of 4.0%. Operating cash flow minus capital spending left $61M of free cash flow in fiscal 2025. At June 30, 2026 it held $24.9M in cash against $220M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.

Revenue (last 12 months)
$812.2M
+11.3% year on year
Net margin
4.0%

What U S Physical Therapy Inc does

U S Physical Therapy Inc is registered with the SEC under industry code SIC 8000 (Services-Health Services). Its shares trade on NYSE under the ticker USPH.

Revenue and profit by year

Revenue
FY18: $453.9M $453.9M FY18FY19: $482M $482M FY19FY20: $423M $423M FY20FY21: $495M $495M FY21FY22: $553.1M $553.1M FY22FY23: $604.8M $604.8M FY23FY24: $671.3M $671.3M FY24FY25: $781M $781M FY25
Net income
FY18: $34.9M $34.9M FY18FY19: $40M $40M FY19FY20: $35.2M $35.2M FY20FY21: $40.8M $40.8M FY21FY22: $32.2M $32.2M FY22FY23: $28.2M $28.2M FY23FY24: $31.4M $31.4M FY24FY25: $39.6M $39.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$781M$86.7M$39.6M$1.42$61M
2024$671.3M$63M$31.4M$1.84$65.8M
2023$604.8M$50.5M$28.2M$1.28$72.7M
2022$553.1M$56.8M$32.2M$2.25$50.3M
2021$495M$70.6M$40.8M$2.41$68.2M
2020$423M$52.4M$35.2M$2.48$92.4M

Latest SEC filings

What U S Physical Therapy Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 21, 2026
  2. August 14, 2026
  3. August 13, 2026
  4. August 12, 2026
  5. August 12, 2026
  6. August 10, 2026
  7. August 7, 2026
    Quarterly report 10-Q · period to June 30, 2026
  8. August 6, 2026
  9. August 4, 2026
  10. July 6, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 15, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about USPH

What does U S Physical Therapy Inc do?

U S Physical Therapy Inc is registered with the SEC under industry code SIC 8000 (Services-Health Services). Its shares trade on NYSE under the ticker USPH.

Is U S Physical Therapy Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $32.2M on revenue of $812.2M, a net margin of 4.0%.

How much revenue does U S Physical Therapy Inc make?

Over the twelve months to June 30, 2026 U S Physical Therapy Inc reported revenue of $812.2M. That is 11.3% more than a year earlier.

When did U S Physical Therapy Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the executive or director change from September 21, 2026.

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Where the numbers come from

Financial figures are the values U S Physical Therapy Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.