US Physical Therapy USPH Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 19.2%+0.7pp | 18.5%-1.6pp | 20.1%-0.2pp | 20.3%-3.4pp | |
| Operating margin | 11.1%+1.7pp | 9.4%+0.6pp | 8.8%-1.5pp | 10.3%-4.0pp | |
| Net margin | 5.1%+0.4pp | 4.7%0.0pp | 4.7%-1.1pp | 5.8%-2.4pp | |
| Returns | |||||
| Return on equity | 8.2%+1.7pp | 6.5%-0.6pp | 7.1%-3.4pp | 10.5%-3.8pp | |
| Return on invested capital | 12.4%+2.0pp | 10.3%-0.6pp | 10.9%-2.0pp | 12.9%-4.5pp | |
| Efficiency | |||||
| Asset turnover | 0.7×0.0× | 0.6×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Liquidity | |||||
| Current ratio | 1×-0.2× | 1.2×-1.1× | 2.3×+1.0× | 1.3×+0.2× | |
| Leverage | |||||
| Debt-to-equity | 0.3×0.0× | 0.3×+0.1× | 0.3×-0.1× | 0.4×0.0× | |
| Net debt / EBITDA | 1.2×-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 / earnings | 29×-4.9× | 42.6×-6.8× | 49.4×+16.7× | 32.8×+2.5× | |
| Price / sales | 1.3×-0.3× | 2×-0.3× | 2.3×+0.4× | 1.9×-0.6× | |
| Price / book | 2.1×-0.1× | 2.7×-0.2× | 2.9×-0.4× | 3.3×-0.8× | |
| EV / EBITDA | 11.3×-2.8× | 17.8×-2.1× | 19.9×+3.9× | 16×0.0× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
