U S Physical Therapy USPH
NYSE USPH
$79.15 +0.39 (+0.50%)
At close: Sep 4, 2026 · 4:00 PM EDT

U S Physical Therapy (USPH) Net Margin (2010 - 2026)

U S Physical Therapy's (USPH) quarterly Net Margin came in at 6.96% in Q2 2026, down 202.0% year-over-year from 6.82% in Q2 2025, and up 69.2% quarter-over-quarter from 4.11% in Q1 2026.

Analysis

U S Physical Therapy (USPH) Net Margin (2010 - 2026) Analysis & Trends

U S Physical Therapy has disclosed Net Margin across 17 years of filings, most recently posting 6.96% for Q2 2026.

  • In Q2 2026, Net Margin fell 202.0% year-over-year to 6.96%; the TTM figure through Jun 2026 stood at 6.14% (down 119.0% YoY), while the FY2025 annual figure was 7.43%, up 63.0% from the prior year.
  • Net Margin came in at 6.96% for Q2 2026 at U S Physical Therapy, up from 4.11% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 10.85% in Q2 2022 to a low of 0.84% in Q4 2023.
  • Average Net Margin over 5 years is 6.91%, with a median of 7.4% recorded in 2024.
  • Year-over-year, Net Margin sank 875 bps in 2022 and soared 776 bps in 2024.
  • Over 5 years, Net Margin stood at 2.37% in 2022, then slumped by 135 bps to 0.84% in 2023, then soared by 929 bps to 6.92% in 2024, then tumbled by 35 bps to 4.53% in 2025, then surged by 54 bps to 6.96% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 6.96% in Q2 2026, 4.11% in Q1 2026, and 4.53% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Davita 11.76 Bn 12.64 Bn 1.16 Bn 9.66%
2 RadNet 5.80 Bn 5.37 Bn 88.08 Mn 3.25%
3 Concentra Group Holdings Parent 4.40 Bn 4.26 Bn 192.10 Mn 11.10%
4 Privia Health 2.61 Bn 2.25 Bn - 1.54%
5 Pediatrix Medical 2.20 Bn 1.79 Bn - 8.17%
6 Fresenius Medical Care AG 2.11 Bn 1.41 Bn 1.52 Bn 4.49%
7 Progyny 2.01 Bn 1.77 Bn 89.30 Mn 8.00%
8 Surgery Partners 1.87 Bn 3.08 Bn 622.10 Mn 3.50%
9 U S Physical Therapy 1.18 Bn 1.47 Bn 41.94 Mn 6.96%
10 Starling Oncology 595.78 Mn 554.69 Mn 27.17 Mn -5.11%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.96%
Mar 31, 2026 4.11%
Dec 31, 2025 4.53%
Sep 30, 2025 8.95%
Jun 30, 2025 8.98%
Mar 31, 2025 7.33%
Dec 31, 2024 6.92%
Sep 30, 2024 5.82%
Jun 30, 2024 7.01%
Mar 31, 2024 7.46%
Dec 31, 2023 -0.84%
Sep 30, 2023 8.15%
Jun 30, 2023 9.81%
Mar 31, 2023 7.69%
Dec 31, 2022 2.37%
Sep 30, 2022 9.18%
Jun 30, 2022 10.85%
Mar 31, 2022 9.10%
Dec 31, 2021 11.12%
Sep 30, 2021 11.22%