U S PHYSICAL THERAPY INC /NV

EDGAR

Annual consolidated revenue for 2025: about U001 781M, using the latest reported figures. The previous period, 2024, was about U001 671.3M.

Watchlist

Latest quarter

Revenue

214 million U002

2026 Q2 · U002

Exact inputs and evidence
  • Revenue: 214059000 U002 Source

Operating margin

10.25%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 21946000 U002 Source
  • Revenue: 214059000 U002 Source

Operating cash flow

34.4 million U002

2026 Q2 · U002

Exact inputs and evidence
  • Operating Cash Flow: 38178000 U002 Source
  • Operating Cash Flow: 3808000 U002 Source
Cash and cash equivalents
24.9 million U002 Source
Exact value

24887000 U002

Long-term debt including current maturities
123 million U002 Source
Exact value

122927000 U002

Shares outstanding
12.7 million U002 Source
Exact value

12684496 U002

Reported share-count change

0.71% · 89.9 thousand U002

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 12594562 U002 · 2017-12-31· Source
  • 12684496 U002 · 2018-12-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-07.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: Multiple units; comparison withheld· newest 2025-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Current assets: Multiple units; comparison withheld· newest 2025-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2025-12-31
  • Long-term debt including current maturities: Multiple units; comparison withheld· newest 2021-12-31
  • Shares outstanding: 2 of 11 periods available· newest 2018-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +16.3%

    Prior period

    U001 671.35 million

    –

    Current period

    U001 780.99 million

    –

    Exact inputs and evidence

    780990000 − 671345000 = 109645000 U001

    671345000 U001 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    780990000 U001 · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +26%

    Prior period

    U001 31.42 million

    –

    Current period

    U001 39.58 million

    –

    Exact inputs and evidence

    39583000 − 31424000 = 8159000 U001

    31424000 U001 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    39583000 U001 · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +0.2%

    Prior period

    U001 74.94 million

    –

    Current period

    U001 75.06 million

    –

    Exact inputs and evidence

    75058000 − 74940000 = 118000 U001

    74940000 U001 · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    75058000 U001 · 2025-01-01 – 2025-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue U001 780.99 million 100% of revenue
  • Operating costs Derived U001 694.31 million 89% of revenue
  • Operating income U001 86.68 million 11% of revenue
  • Tax, interest and other Derived U001 47.09 million 6% of revenue
  • Net income U001 39.58 million 5.1% of revenue

Cash

  • Operating cash flow U001 75.06 million 9.6% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 86%
  • 2017 87%
  • 2018 87%
  • 2019 86%
  • 2020 88%
  • 2021 86%
  • 2022 90%
  • 2023 92%
  • 2024 91%
  • 2025 89%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31356546000 307013000 Derived 49533000 28982000 Derived 20551000 Unavailable
Source
2017 2017-01-01 – 2017-12-31414051000 359323000 Derived 54728000 32472000 Derived 22256000 Unavailable
Source
2018 2018-01-01 – 2018-12-31453911000 393597000 Derived 60314000 25441000 Derived 34873000 Unavailable
Source
2019 2019-01-01 – 2019-12-31481969000 414544000 Derived 67425000 27386000 Derived 40039000 Unavailable
Source
2020 2020-01-01 – 2020-12-31422969000 370556000 Derived 52413000 17219000 Derived 35194000 Unavailable
Source
2021 2021-01-01 – 2021-12-31495022000 424373000 Derived 70649000 29818000 Derived 40831000 Unavailable
Source
2022 2022-01-01 – 2022-12-31553144000 496343000 Derived 56801000 24643000 Derived 32158000 Unavailable
Source
2023 2023-01-01 – 2023-12-31604802000 554291000 Derived 50511000 22272000 Derived 28239000 Unavailable
Source
2024 2024-01-01 – 2024-12-31671345000 608351000 Derived 62994000 31570000 Derived 31424000 Unavailable
Source
2025 2025-01-01 – 2025-12-31780990000 694313000 Derived 86677000 47094000 Derived 39583000 Unavailable
Source

Amounts are exact, in U001.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

U001 781M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.843.5M632.6M421.7M210.9M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(U001)Source evidence
2016Revenue356546000
2017Revenue414051000
2018Revenue453911000
2019Revenue481969000
2020Revenue422969000
2021Revenue495022000
2022Revenue553144000
2023Revenue604802000
2024Revenue671345000
2025Revenue780990000

Revenue growth

Change in revenue from the same financial period one year earlier.

16.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.4%10.9%2.4%-6.1%-14.6%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year7.6%
2017Year over year16.1%
2018Year over year9.6%
2019Year over year6.2%
2020Year over year-12.2%
2021Year over year17%
2022Year over year11.7%
2023Year over year9.3%
2024Year over year11%
2025Year over year16.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 11.1% 2025
Net margin 5.1% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.4%11.6%7.7%3.9%0.0%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin13.9%
2017Operating margin13.2%
2018Operating margin13.3%
2019Operating margin14%
2020Operating margin12.4%
2021Operating margin14.3%
2022Operating margin10.3%
2023Operating margin8.4%
2024Operating margin9.4%
2025Operating margin11.1%
2016Net margin5.8%
2017Net margin5.4%
2018Net margin7.7%
2019Net margin8.3%
2020Net margin8.3%
2021Net margin8.2%
2022Net margin5.8%
2023Net margin4.7%
2024Net margin4.7%
2025Net margin5.1%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

U001 75.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.108.0M81.0M54.0M27.0M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(U001)Source evidence
2016Operating cash flow51050000
2017Operating cash flow56526000
2018Operating cash flow73005000
2019Operating cash flow62448000
2020Operating cash flow99995000
2021Operating cash flow76406000
2022Operating cash flow58537000
2023Operating cash flow81978000
2024Operating cash flow74940000
2025Operating cash flow75058000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(U001)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reportedNo source recorded
2017-12-31Liabilities / assetsNot reportedNo source recorded
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019-12-31Liabilities / assetsNot reportedNo source recorded
2020-12-31Liabilities / assetsNot reportedNo source recorded
2021-12-31Liabilities / assetsNot reportedNo source recorded
2022-12-31Liabilities / assetsNot reportedNo source recorded
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024-12-31Liabilities / assetsNot reportedNo source recorded
2025-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
U001 20.55 million
Exact value

Exact value: 20551000 U001

2016-01-01 – 2016-12-31: 20551000 U001 Inspect Net Income Open source
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U001 51.05 million
Exact value

Exact value: 51050000 U001

2016-01-01 – 2016-12-31: 51050000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
U001 22.26 million
Exact value

Exact value: 22256000 U001

2017-01-01 – 2017-12-31: 22256000 U001 Inspect Net Income Open source
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U001 56.53 million
Exact value

Exact value: 56526000 U001

2017-01-01 – 2017-12-31: 56526000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
U001 34.87 million
Exact value

Exact value: 34873000 U001

2018-01-01 – 2018-12-31: 34873000 U001 Inspect Net Income Open source
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U001 73.01 million
Exact value

Exact value: 73005000 U001

2018-01-01 – 2018-12-31: 73005000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
U001 40.04 million
Exact value

Exact value: 40039000 U001

2019-01-01 – 2019-12-31: 40039000 U001 Inspect Net Income Open source
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U001 62.45 million
Exact value

Exact value: 62448000 U001

2019-01-01 – 2019-12-31: 62448000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
U001 35.19 million
Exact value

Exact value: 35194000 U001

2020-01-01 – 2020-12-31: 35194000 U001 Inspect Net Income Open source
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U001 100 million
Exact value

Exact value: 99995000 U001

2020-01-01 – 2020-12-31: 99995000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
U001 40.83 million
Exact value

Exact value: 40831000 U001

2021-01-01 – 2021-12-31: 40831000 U001 Inspect Net Income Open source
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U001 76.41 million
Exact value

Exact value: 76406000 U001

2021-01-01 – 2021-12-31: 76406000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
U001 32.16 million
Exact value

Exact value: 32158000 U001

2022-01-01 – 2022-12-31: 32158000 U001 Inspect Net Income Open source
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U001 58.54 million
Exact value

Exact value: 58537000 U001

2022-01-01 – 2022-12-31: 58537000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
U001 28.24 million
Exact value

Exact value: 28239000 U001

2023-01-01 – 2023-12-31: 28239000 U001 Inspect Net Income Open source
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U001 81.98 million
Exact value

Exact value: 81978000 U001

2023-01-01 – 2023-12-31: 81978000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
U001 31.42 million
Exact value

Exact value: 31424000 U001

2024-01-01 – 2024-12-31: 31424000 U001 Inspect Net Income Open source
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U001 74.94 million
Exact value

Exact value: 74940000 U001

2024-01-01 – 2024-12-31: 74940000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
U001 39.58 million
Exact value

Exact value: 39583000 U001

2025-01-01 – 2025-12-31: 39583000 U001 Inspect Net Income Open source
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U001 75.06 million
Exact value

Exact value: 75058000 U001

2025-01-01 – 2025-12-31: 75058000 U001 Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

135 filings · 6,777 latest values · 6,777 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000885978, 885978, USPH, edgar:885978

Also known as U S PHYSICAL THERAPY INC /NV