U S Physical Therapy (USPH) Acquisitions (2010 - 2026)
U S Physical Therapy (USPH) reported Acquisitions of -$70,000 for Q2 2026, compared with $2.68 million a year earlier.
U S Physical Therapy (USPH) Acquisitions (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, U S Physical Therapy's Acquisitions came in at $29.92 million, down 70.5% year-over-year; for FY2025, it was $15.67 million, down 88.2% from FY2024.
- Acquisitions has a five-year compound annual growth rate of -8.1% (FY2020 to FY2025).
- By year, Acquisitions came in at $133.09 million in FY2024 (+400.7%), $26.58 million in FY2023 (-55.5%), $59.79 million in FY2022 (-31.1%) and $86.82 million in FY2021 (+263.2%).
- The Q2 2026 figure ranks as the lowest quarterly Acquisitions since Q2 2010.
- Year over year, Acquisitions gained in two of the last six quarters, with growth averaging 48.6%.
- The high point for year-over-year Acquisitions in five years was Q2 2024 (growth of 912.7%); the low point was Q4 2025 (a decline of 99.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $21.2 million (Q1 2026), $460,000 (Q4 2025) and $8.32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 121.00 Mn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 225.70 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 9.00 Mn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 4.62 Mn |
| 10 | U S Physical Therapy | 1.29 Bn | 1.48 Bn | 41.94 Mn | -70,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -70,000.00 |
| Mar 31, 2026 | 21.20 Mn |
| Dec 31, 2025 | 460,000.00 |
| Sep 30, 2025 | 8.32 Mn |
| Jun 30, 2025 | 2.68 Mn |
| Mar 31, 2025 | 4.21 Mn |
| Dec 31, 2024 | 91.89 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 22.72 Mn |
| Mar 31, 2024 | 15.97 Mn |
| Dec 31, 2023 | 3.59 Mn |
| Sep 30, 2023 | 14.95 Mn |
| Jun 30, 2023 | 2.24 Mn |
| Mar 31, 2023 | 5.80 Mn |
| Dec 31, 2022 | 41.22 Mn |
| Sep 30, 2022 | 6.77 Mn |
| Jun 30, 2022 | 557,000.00 |
| Mar 31, 2022 | 11.24 Mn |
| Dec 31, 2021 | 64.23 Mn |
| Sep 30, 2021 | 2.19 Mn |
U S Physical Therapy Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=USPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "USPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();