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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

U S Physical Therapy (USPH) Operating Margin (2016 - 2025)

U S Physical Therapy (USPH) has disclosed Operating Margin for 16 consecutive years, with 28.33% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 967.0% to 28.33% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 1.6% through Dec 2025, up 16.0% year-over-year, with the annual reading at 1.6% for FY2025, 16.0% up from the prior year.
  • Operating Margin hit 28.33% in Q4 2025 for U S Physical Therapy, down from 12.85% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.51% in Q2 2021 to a low of 32.66% in Q4 2021.
  • Historically, Operating Margin has averaged 5.11% across 5 years, with a median of 10.68% in 2022.
  • Biggest five-year swings in Operating Margin: tumbled -4815bps in 2021 and later soared 3747bps in 2022.
  • Year by year, Operating Margin stood at 32.66% in 2021, then surged by 115bps to 4.81% in 2022, then plummeted by -133bps to 1.57% in 2023, then tumbled by -1089bps to 18.66% in 2024, then tumbled by -52bps to 28.33% in 2025.
  • Business Quant data shows Operating Margin for USPH at 28.33% in Q4 2025, 12.85% in Q3 2025, and 12.64% in Q2 2025.