USPH (U.S. Physical Therapy, Inc.) Stock Financials & Earnings

USPHU.S. Physical Therapy, Inc.

Mkt Cap$1B

Revenue (TTM)$683M

Net Income (TTM)$15M

EPS (TTM)$1.42

Free Cash Flow (TTM)$61M

Gross Margin22.2%

Op. Margin13.4%

Net Margin2.3%

FCF Margin8.9%

P/S Ratio (TTM)1.8x

P/E Ratio (TTM)79.9x

YoY Rev Growth+1.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$149M	$31M	$17M
Q2 23	$151M	$32M	$20M
Q3 23	$150M	$28M	$16M
Q4 23	$155M	$31M	-$880K
Q1 24	$156M	$28M	$15M
Q2 24	$167M	$34M	$16M
Q3 24	$168M	$29M	$15M
Q4 24	$180M	$34M	$15M
Q1 25	$153M	$31M	$20M
Q2 25	$164M	$42M	$25M
Q3 25	$164M	$37M	$25M
Q4 25	$203M	$42M	$22M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Net Patient Revenues	Other Revenues Including Management Contract Revenues and Industrial Injury Prevention Services Revenues
Q1 24	$131M	$25M
Q2 24	$140M	$27M
Q3 24	$139M	$29M
Q4 24	$150M	$30M
Q4 25	$170M	$33M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$33M	$0	$33M
Q2 23	$161M	$0	$161M
Q3 23	$148M	$0	$148M
Q4 23	$153M	$0	$153M
Q1 24	$132M	$0	$132M
Q2 24	$113M	$0	$113M
Q3 24	$117M	$0	$117M
Q4 24	$41M	$0	$41M
Q1 25	$39M	$0	$39M
Q2 25	$34M	$0	$34M
Q3 25	$31M	$0	$31M
Q4 25	$36M	$0	$36M

Shares Outstanding

Revenue Per Employee

Revenue / Employee