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

U S Physical Therapy's (USPH) quarterly Operating Leases came in at $115.2 million in Q1 2026, up 14.42% year-on-year from $100.7 million in Q1 2025, and up 4.2% quarter-over-quarter from $110.6 million in Q4 2025.

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

U S Physical Therapy has disclosed Operating Leases across 8 years of filings, most recently posting $115.2 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $115.2 million, up 14.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $115.2 million (up 14.42% YoY), and the FY2025 annual result was $110.6 million, up 8.54% from the prior year.
  • Operating Leases came in at $115.2 million for Q1 2026 at U S Physical Therapy, up from $110.6 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $115.2 million in Q1 2026 to a low of $72.2 million in Q1 2022.
  • The 5-year median for Operating Leases is $77.9 million (2022), against an average of $87.2 million.
  • Across the five-year window, Operating Leases declined 1.64% in 2023 and jumped 37.89% in 2025, its largest moves.
  • U S Physical Therapy's Operating Leases stood at $77.9 million in 2022, then fell by 1.64% to $76.7 million in 2023, then soared by 32.89% to $101.9 million in 2024, then advanced by 8.54% to $110.6 million in 2025, then grew by 4.2% to $115.2 million in 2026.
  • The last three Operating Leases figures came in at $115.2 million (Q1 2026), $110.6 million (Q4 2025), and $106.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn
10 U S Physical Therapy 961.89 Mn 1.25 Bn 32.75 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 66.89 Mn