Growth Metrics

U S Physical Therapy (USPH) Operating Income (2010 - 2026)

U S Physical Therapy recorded quarterly Operating Income of $12.5 million in Q1 2026, down 25.56% quarter-over-quarter from $16.8 million in Q4 2025, and down 36.46% year-over-year from $19.6 million in Q1 2025.

U S Physical Therapy's Operating Income history runs 17 years deep, the most recent figure standing at $12.5 million for Q1 2026.

  • In Q1 2026, Operating Income fell 36.46% year-over-year to $12.5 million; the TTM figure through Mar 2026 stood at $79.5 million (up 17.44% YoY), while the FY2025 annual figure was $86.7 million, up 37.6% from the prior year.
  • Operating Income came in at $12.5 million for Q1 2026 at U S Physical Therapy, down from $16.8 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $25.3 million in Q3 2025 to a low of -$40.7 million in Q4 2022.
  • A 5-year average of $13.1 million and a median of $15.9 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income tumbled 347.19% in 2022 and jumped 908.68% in 2024, its largest moves.
  • U S Physical Therapy's Operating Income stood at -$40.7 million in 2022, then jumped by 94.03% to -$2.4 million in 2023, then surged by 908.68% to $19.7 million in 2024, then dropped by 14.68% to $16.8 million in 2025, then declined by 25.56% to $12.5 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $12.5 million, $16.8 million, and $25.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -566.00 Mn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 1.30 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 481.89 Mn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 59.70 Mn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 124.85 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 502.86 Mn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 2.13 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 84.58 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 120.04 Mn
10 U S Physical Therapy 974.63 Mn 1.26 Bn 32.75 Mn 12.48 Mn

Historic Data

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DateValue
Mar 31, 2026 12.48 Mn
Dec 31, 2025 16.77 Mn
Sep 30, 2025 25.33 Mn
Jun 30, 2025 24.94 Mn
Mar 31, 2025 19.64 Mn
Dec 31, 2024 19.65 Mn
Sep 30, 2024 12.85 Mn
Jun 30, 2024 15.57 Mn
Mar 31, 2024 14.93 Mn
Dec 31, 2023 -2.43 Mn
Sep 30, 2023 15.88 Mn
Jun 30, 2023 20.06 Mn
Mar 31, 2023 17.00 Mn
Dec 31, 2022 -40.70 Mn
Sep 30, 2022 14.90 Mn
Jun 30, 2022 20.08 Mn
Mar 31, 2022 15.03 Mn
Dec 31, 2021 16.47 Mn
Sep 30, 2021 16.93 Mn
Jun 30, 2021 22.23 Mn
Mar 31, 2021 15.02 Mn
Dec 31, 2020 -24.09 Mn
Sep 30, 2020 19.94 Mn
Jun 30, 2020 10.26 Mn
Mar 31, 2020 4.01 Mn
Dec 31, 2019 15.29 Mn
Sep 30, 2019 16.82 Mn
Jun 30, 2019 19.90 Mn
Mar 31, 2019 15.43 Mn
Dec 31, 2018 14.80 Mn
Sep 30, 2018 15.43 Mn
Jun 30, 2018 17.03 Mn
Mar 31, 2018 13.05 Mn
Dec 31, 2017 13.96 Mn
Sep 30, 2017 12.89 Mn
Jun 30, 2017 15.68 Mn
Mar 31, 2017 12.20 Mn
Dec 31, 2016 10.95 Mn
Sep 30, 2016 12.06 Mn
Jun 30, 2016 15.03 Mn
Mar 31, 2016 11.49 Mn
Dec 31, 2015 12.61 Mn
Sep 30, 2015 11.95 Mn
Jun 30, 2015 13.55 Mn
Mar 31, 2015 9.19 Mn
Dec 31, 2014 10.76 Mn
Sep 30, 2014 11.28 Mn
Jun 30, 2014 14.22 Mn
Mar 31, 2014 9.51 Mn
Dec 31, 2013 9.37 Mn
Sep 30, 2013 9.90 Mn
Jun 30, 2013 11.06 Mn
Mar 31, 2013 8.44 Mn
Dec 31, 2012 8.30 Mn
Sep 30, 2012 9.53 Mn
Jun 30, 2012 10.81 Mn
Mar 31, 2012 9.77 Mn
Dec 31, 2011 3.21 Mn
Sep 30, 2011 8.65 Mn
Jun 30, 2011 10.88 Mn
Mar 31, 2011 8.68 Mn
Dec 31, 2010 7.80 Mn
Sep 30, 2010 8.73 Mn
Jun 30, 2010 9.99 Mn