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US Physical Therapy USPH Net debt / EBITDA

Net debt / EBITDA at other companies

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0.8×-0.7×
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-0.4×
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4.8×-0.7×
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2.1×-0.3×
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+0.2×

Other financials

Income statement

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Revenue$214.1M+8.5%
Gross profit$41.9M+0.8%
Operating income$21.9M-12.0%
Net income$9.9M-20.1%
EPS (diluted)$0.25-56.9%

Balance sheet

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Cash & equivalents$24.9M-27.0%
Total debt$171.2M+11.3%
Total equity$448.7M-10.4%
Total assets$1.2B+5.9%

Cash flow

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Operating cash flow$34.4M-1.4%
CapEx$5.4M+65.0%
Free cash flow$29.0M-8.2%

Valuation

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Market cap$1.16B-7.6%
Enterprise value$1.31B-5.1%
P/E36.1×+3.1×
P/S1.4×-0.3×

Profitability

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Gross margin18.7%+0.3pp
Operating margin9.4%-1.1pp
Net margin4%-1.3pp
FCF margin7.9%-0.5pp

Returns & leverage

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Return on equity6.8%-1.0pp
Debt / equity0.4×+0.1×
Current ratio1.3×+0.1×

Where this comes from

Calculated from US Physical Therapy’s reported figures.

Based on the most recent quarter.

The source filing: US Physical Therapy’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031825

FAQ

What is US Physical Therapy's net debt / EBITDA?
US Physical Therapy (USPH) reported net debt / EBITDA of 1.5× in Q2 2026.
How has US Physical Therapy's net debt / EBITDA changed year-over-year?
US Physical Therapy's net debt / EBITDA increased by 22.4% year-over-year, from 1.2× to 1.5×.
What is the long-term trend for US Physical Therapy's net debt / EBITDA?
Over 5 years (2020 to 2025), US Physical Therapy's net debt / EBITDA has grown at a 3.4% compound annual growth rate (CAGR), from 1× to 1.2×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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