U S Physical Therapy (USPH) FCF Margin (2010 - 2026)
U S Physical Therapy's FCF Margin was 13.55% in Q2 2026, down 2.47 percentage points from 16.02% a year earlier but up 14.34 percentage points from the prior quarter.
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Analysis
U S Physical Therapy (USPH) FCF Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, U S Physical Therapy's FCF Margin was 7.89% through Jun 30, 2026, down 0.45 percentage points year-over-year; for FY2025, it came in at 7.81%, down 1.99 percentage points from FY2024.
- FCF Margin shows a five-year change of -14.03 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 9.79% in FY2024 (-2.22 pp), 12.02% in FY2023 (+2.93 pp), 9.09% in FY2022 (-4.69 pp) and 13.78% in FY2021 (-8.06 pp).
- Quarterly FCF Margin has moved between -3.95% (Q1 2025) and 17.67% (Q3 2021) over five years.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of -1.46 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 6.65 percentage points); the worst was Q3 2022 (a drop of 9.79 percentage points).
- Per Business Quant data, USPH's FCF Margin in the three quarters before Q2 2026 was -0.79% (Q1 2026), 10.36% (Q4 2025) and 7.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 5.46% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 8.41% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -20.76% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 7.41% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -3.57% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 3.90% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 9.01% |
| 10 | U S Physical Therapy | 1.29 Bn | 1.48 Bn | 41.94 Mn | 13.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.55% |
| Mar 31, 2026 | -0.79% |
| Dec 31, 2025 | 10.36% |
| Sep 30, 2025 | 7.93% |
| Jun 30, 2025 | 16.02% |
| Mar 31, 2025 | -3.95% |
| Dec 31, 2024 | 9.38% |
| Sep 30, 2024 | 11.66% |
| Jun 30, 2024 | 15.94% |
| Mar 31, 2024 | 1.66% |
| Dec 31, 2023 | 15.90% |
| Sep 30, 2023 | 9.21% |
| Jun 30, 2023 | 16.48% |
| Mar 31, 2023 | 6.26% |
| Dec 31, 2022 | 11.57% |
| Sep 30, 2022 | 7.88% |
| Jun 30, 2022 | 9.83% |
| Mar 31, 2022 | 6.93% |
| Dec 31, 2021 | 10.55% |
| Sep 30, 2021 | 17.67% |
API Access
U S Physical Therapy FCF Margin 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=fcf-margin&ticker=USPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();