U S Physical Therapy (USPH) Invested Capital (2010 - 2026)
U S Physical Therapy (USPH) recorded Invested Capital of $622.3 million in Q2 2026, down 2.4% from $637.56 million a year earlier but up 3.9% from the prior quarter.
U S Physical Therapy (USPH) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, U S Physical Therapy reported Invested Capital of $608.43 million, down 3.7% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $631.65 million in FY2024 (+1.4%), $622.8 million in FY2023 (+33.1%), $467.83 million in FY2022 (+13.5%) and $412.01 million in FY2021 (+38.0%).
- Quarterly Invested Capital has ranged from $324.29 million in Q3 2021 to $640.52 million in Q3 2023 over the past five years.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with an average decline of 1.0% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 44.9% in Q3 2022, against a decline of 5.9% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $599.21 million (Q1 2026), $608.43 million (Q4 2025) and $637.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 43.08 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 19.81 Bn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 6.04 Bn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 4.24 Bn |
| 10 | U S Physical Therapy | 1.28 Bn | 1.48 Bn | 41.94 Mn | 622.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 622.30 Mn |
| Mar 31, 2026 | 599.21 Mn |
| Dec 31, 2025 | 608.43 Mn |
| Sep 30, 2025 | 637.97 Mn |
| Jun 30, 2025 | 637.56 Mn |
| Mar 31, 2025 | 637.07 Mn |
| Dec 31, 2024 | 631.65 Mn |
| Sep 30, 2024 | 626.10 Mn |
| Jun 30, 2024 | 629.50 Mn |
| Mar 31, 2024 | 626.40 Mn |
| Dec 31, 2023 | 622.80 Mn |
| Sep 30, 2023 | 640.52 Mn |
| Jun 30, 2023 | 638.79 Mn |
| Mar 31, 2023 | 469.30 Mn |
| Dec 31, 2022 | 467.83 Mn |
| Sep 30, 2022 | 469.87 Mn |
| Jun 30, 2022 | 458.34 Mn |
| Mar 31, 2022 | 421.02 Mn |
| Dec 31, 2021 | 412.01 Mn |
| Sep 30, 2021 | 324.29 Mn |
U S Physical Therapy Invested Capital 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=invested-capital&ticker=USPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();