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US Physical Therapy USPH Return on invested capital

Return on invested capital at other companies

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10.2%+5.5pp
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16.7%+1.5pp
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3.4%+3.3pp
Concentra Group Holdings Parent logo
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11%
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30%+3.7pp
MSA
Mine Safety Appliances CompanyMSA
17.4%-1.9pp

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 trailing twelve months.

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 return on invested capital?
US Physical Therapy (USPH) reported return on invested capital of 10.9% in Q2 2026.
How has US Physical Therapy's return on invested capital changed year-over-year?
US Physical Therapy's return on invested capital decreased by 6.9% year-over-year, from 11.7% to 10.9%.
What is the long-term trend for US Physical Therapy's return on invested capital?
Over 5 years (2020 to 2025), US Physical Therapy's return on invested capital has grown at a -1.5% compound annual growth rate (CAGR), from 13.3% to 12.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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