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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

U S Physical Therapy (USPH) Gross Margin (2016 - 2025)

U S Physical Therapy (USPH) has disclosed Gross Margin for 15 consecutive years, with 19.8% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 177.0% to 19.8% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 19.17% through Dec 2025, up 71.0% year-over-year, with the annual reading at 19.17% for FY2025, 71.0% up from the prior year.
  • Gross Margin hit 19.8% in Q4 2025 for U S Physical Therapy, up from 18.7% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 27.03% in Q2 2021 to a low of 16.9% in Q1 2025.
  • Historically, Gross Margin has averaged 20.32% across 5 years, with a median of 19.99% in 2025.
  • Biggest five-year swings in Gross Margin: soared 913bps in 2021 and later tumbled -511bps in 2022.
  • Year by year, Gross Margin stood at 20.94% in 2021, then decreased by -6bps to 19.71% in 2022, then grew by 0bps to 19.71% in 2023, then dropped by -9bps to 18.03% in 2024, then grew by 10bps to 19.8% in 2025.
  • Business Quant data shows Gross Margin for USPH at 19.8% in Q4 2025, 18.7% in Q3 2025, and 21.09% in Q2 2025.