U S Physical Therapy (USPH) Operating Leases (2019 - 2026)

U S Physical Therapy (USPH) posted Operating Leases of $115.2 million for Q1 2026, up 4.2% sequentially from $110.6 million in Q4 2025, and up 14.42% YoY from $100.7 million in Q1 2025.

U S Physical Therapy (USPH) Operating Leases (2019 - 2026) Analysis & Trends

U S Physical Therapy has reported Operating Leases for 8 years, with the latest figure at $115.2 million in Q1 2026.

  • Quarterly Operating Leases rose 14.42% year-over-year to $115.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $115.2 million (up 14.42% YoY) and the FY2025 annual result came in at $110.6 million, up 8.54% from the prior year.
  • Operating Leases rose to $115.2 million in Q1 2026 per USPH's latest filing, from $110.6 million in the prior quarter.
  • Over five years, Operating Leases peaked at $115.2 million in Q1 2026 and troughed at $72.2 million in Q1 2022.
  • A 5-year average of $87.2 million and a median of $77.9 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases retreated 1.64% in 2023, then soared 37.89% in 2025.
  • Over 5 years, Operating Leases stood at $77.9 million in 2022, then decreased by 1.64% to $76.7 million in 2023, then surged by 32.89% to $101.9 million in 2024, then grew by 8.54% to $110.6 million in 2025, then rose by 4.2% to $115.2 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $115.2 million, $110.6 million, and $106.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn
10 U S Physical Therapy 1.21 Bn 1.50 Bn 41.94 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 122.90 Mn
Mar 31, 2026 115.21 Mn
Dec 31, 2025 110.57 Mn
Sep 30, 2025 106.18 Mn
Jun 30, 2025 104.28 Mn
Mar 31, 2025 100.69 Mn
Dec 31, 2024 101.87 Mn
Sep 30, 2024 77.00 Mn
Jun 30, 2024 78.33 Mn
Mar 31, 2024 75.68 Mn
Dec 31, 2023 76.65 Mn
Sep 30, 2023 76.88 Mn
Jun 30, 2023 78.91 Mn
Mar 31, 2023 75.46 Mn
Dec 31, 2022 77.93 Mn
Sep 30, 2022 76.91 Mn
Jun 30, 2022 77.78 Mn
Mar 31, 2022 72.16 Mn
Dec 31, 2021 74.19 Mn
Sep 30, 2021 71.21 Mn