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

U S Physical Therapy has disclosed Operating Margin across 17 years of filings, most recently posting 6.29% for Q1 2026.

• Operating Margin for Q1 2026 came in at 6.29%, down 439.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.0% (up 32.0% YoY), and the FY2025 annual result was 11.1%, up 172.0% from the prior year.
• Operating Margin came in at 6.29% for Q1 2026 at U S Physical Therapy, down from 8.27% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 14.28% in Q2 2022 to a low of 28.83% in Q4 2022.
• The 5-year median for Operating Margin is 10.67% (2022), against an average of 7.61%.
• Across the five-year window, Operating Margin plunged 4151 bps in 2022 and soared 2726 bps in 2023, its largest moves.
• U S Physical Therapy's Operating Margin stood at 28.83% in 2022, then jumped by 95 bps to 1.57% in 2023, then surged by 794 bps to 10.89% in 2024, then decreased by 24 bps to 8.27% in 2025, then decreased by 24 bps to 6.29% in 2026.
• The last three Operating Margin figures came in at 6.29% (Q1 2026), 8.27% (Q4 2025), and 12.85% (Q3 2025), per Business Quant data.