U S Physical Therapy (USPH) Goodwill (2010 - 2026)
U S Physical Therapy (USPH) reported Goodwill of $716.54 million for Q2 2026, up 5.7% from $677.6 million a year earlier and up 0.1% from the prior quarter.
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Analysis
U S Physical Therapy (USPH) Goodwill (2010 - 2026) Analysis & Trends
At the end of FY2025, U S Physical Therapy posted Goodwill of $692.39 million, up 3.8% from FY2024.
- Goodwill has increased for 15 consecutive years, with a five-year compound annual growth rate of 14.9% (FY2020 to FY2025).
- By year, Goodwill came in at $667.15 million in FY2024 (+30.9%), $509.57 million in FY2023 (+3.1%), $494.1 million in FY2022 (+13.7%) and $434.68 million in FY2021 (+25.8%).
- The Q2 2026 figure ranks as the highest quarterly Goodwill in data going back to Q4 2010.
- Year over year, Goodwill has now increased in each of the last 57 quarters, with growth averaging 15.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Goodwill ran from 3.1% in Q4 2023 to 30.9% in Q4 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at $715.87 million (Q1 2026), $692.39 million (Q4 2025) and $690.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 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 |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 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 |
| 10 | U S Physical Therapy | 1.29 Bn | 1.48 Bn | 41.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 716.54 Mn |
| Mar 31, 2026 | 715.87 Mn |
| Dec 31, 2025 | 692.39 Mn |
| Sep 30, 2025 | 690.41 Mn |
| Jun 30, 2025 | 677.60 Mn |
| Mar 31, 2025 | 674.39 Mn |
| Dec 31, 2024 | 667.15 Mn |
| Sep 30, 2024 | 554.64 Mn |
| Jun 30, 2024 | 548.97 Mn |
| Mar 31, 2024 | 534.27 Mn |
| Dec 31, 2023 | 509.57 Mn |
| Sep 30, 2023 | 522.91 Mn |
| Jun 30, 2023 | 506.70 Mn |
| Mar 31, 2023 | 501.35 Mn |
| Dec 31, 2022 | 494.10 Mn |
| Sep 30, 2022 | 449.55 Mn |
| Jun 30, 2022 | 442.76 Mn |
| Mar 31, 2022 | 443.69 Mn |
| Dec 31, 2021 | 434.68 Mn |
| Sep 30, 2021 | 374.05 Mn |
API Access
U S Physical Therapy Goodwill 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=goodwill&ticker=USPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();