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US Physical Therapy USPH Redeemable noncontrolling interests in subsidiaries

Redeemable noncontrolling interests in subsidiaries at other companies

Select Medical Holdings logo
Select Medical HoldingsSEM
$20.97M+132%
Concentra Group Holdings Parent logo
Concentra Group Holdings ParentCON
$21.76M+16.9%
Encompass Health Corporation logo
Encompass Health CorporationEHC
Tenet Healthcare logo
Tenet HealthcareTHC

Other financials

Income statement

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Revenue$198.3M+7.9%
Gross profit$32.8M+5.4%
Operating income$12.5M-36.5%
Net income$5.0M-49.1%
EPS (diluted)-$0.12-115%

Balance sheet

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Cash & equivalents$28.4M-27.4%
Total debt$169.4M+12.6%
Total equity$469.0M-5.7%
Total assets$1.2B+5.3%

Cash flow

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Operating cash flow$3.8M+181%
CapEx$5.4M+108%
Free cash flow-$1.6M+78.4%

Valuation

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Market cap$1.01B-10.6%
Enterprise value$1.15B-7.2%
P/E29×-4.8×
P/S1.3×-0.3×

Profitability

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Gross margin19%+0.9pp
Operating margin10%+0.3pp
Net margin4.4%-0.4pp
FCF margin8.4%+0.4pp

Returns & leverage

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Return on equity7.2%+0.4pp
Debt / equity0.4×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by US Physical Therapy in its filing.

Tagged under the XBRL concept us-gaap:RedeemableNoncontrollingInterestEquityCarryingAmount.

The official record: US Physical Therapy’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is US Physical Therapy's redeemable noncontrolling interests in subsidiaries?
US Physical Therapy (USPH) reported redeemable noncontrolling interests in subsidiaries of $313.44M in Q1 2026.
How has US Physical Therapy's redeemable noncontrolling interests in subsidiaries changed year-over-year?
US Physical Therapy's redeemable noncontrolling interests in subsidiaries increased by 20.5% year-over-year, from $260.05M to $313.44M.
What is the long-term trend for US Physical Therapy's redeemable noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), US Physical Therapy's redeemable noncontrolling interests in subsidiaries has grown at a 17.3% compound annual growth rate (CAGR), from $132.34M to $293.31M.
What does redeemable noncontrolling interests in subsidiaries mean?
This represents the portion of equity in a subsidiary that is held by third parties but includes a redemption feature that allows the holder to force the company to buy back the interest. Because of the redemption feature, these interests are often classified outside of permanent equity. It highlights potential future cash outflows required to settle these minority stakes.