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US Physical Therapy USPH Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin19.2%+0.7pp18.5%-1.6pp20.1%-0.2pp20.3%-3.4pp
Operating margin11.1%+1.7pp9.4%+0.6pp8.8%-1.5pp10.3%-4.0pp
Net margin5.1%+0.4pp4.7%0.0pp4.7%-1.1pp5.8%-2.4pp
Returns
Return on equity8.2%+1.7pp6.5%-0.6pp7.1%-3.4pp10.5%-3.8pp
Return on invested capital12.4%+2.0pp10.3%-0.6pp10.9%-2.0pp12.9%-4.5pp
Efficiency
Asset turnover0.7×0.0×0.6×0.0×0.7×0.0×0.7×0.0×
Liquidity
Current ratio-0.2×1.2×-1.1×2.3×+1.0×1.3×+0.2×
Leverage
Debt-to-equity0.3×0.0×0.3×+0.1×0.3×-0.1×0.4×0.0×
Net debt / EBITDA1.2×-0.2×1.4×+1.8×-0.5×-1.7×1.3×+0.3×
Per Share
Book value per share$31.40-3.3%$32.46-3.3%$33.56+38.0%$24.32+6.1%
Valuation
Market capitalization$1.01B-10.7%$1.34B-4.1%$1.4B+32.5%$1.05B-14.6%
Price / earnings29×-4.9×42.6×-6.8×49.4×+16.7×32.8×+2.5×
Price / sales1.3×-0.3×-0.3×2.3×+0.4×1.9×-0.6×
Price / book2.1×-0.1×2.7×-0.2×2.9×-0.4×3.3×-0.8×
EV / EBITDA11.3×-2.8×17.8×-2.1×19.9×+3.9×16×0.0×

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Questions, answered.

What are US Physical Therapy's profit margins?
US Physical Therapy (USPH) runs a 19.0% gross margin and a 10.0% operating margin, with a 4.4% net margin.
Where do US Physical Therapy's ratios come from?
Every ratio is computed from US Physical Therapy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.