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US Physical Therapy USPH Physical Therapy Operations — Business Combination Contingent Consideration Liability

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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:BusinessCombinationContingentConsiderationLiability.

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 physical therapy operations — business combination contingent consideration liability?
US Physical Therapy (USPH) reported physical therapy operations — business combination contingent consideration liability of 0% in Q1 2026.
How has US Physical Therapy's physical therapy operations — business combination contingent consideration liability changed year-over-year?
US Physical Therapy's physical therapy operations — business combination contingent consideration liability decreased by 100.0% year-over-year, from 125,900,000% to 0%.
What does physical therapy operations — business combination contingent consideration liability mean?
The estimated fair value of future payments owed to sellers of acquired clinics, contingent upon the achievement of specific performance milestones. This represents potential future cash obligations tied to the success of integrated business units.