U S Physical Therapy (USPH) Return on Invested Capital [ROIC] (2011 - 2026)
U S Physical Therapy (USPH) posted Return on Invested Capital [ROIC] of 9.26% for Q2 2026, up 0.11 percentage points from 9.15% a year earlier but down 0.50 percentage points from the prior quarter.
U S Physical Therapy (USPH) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, U S Physical Therapy's Return on Invested Capital [ROIC] came in at 10.42%, up 2.81 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -3.89 percentage points (FY2020 to FY2025).
- In prior years, U S Physical Therapy's Return on Invested Capital [ROIC] was 7.61% in FY2024 (+0.62 pp), 6.98% in FY2023 (-3.10 pp), 10.09% in FY2022 (-5.65 pp) and 15.74% in FY2021 (+1.43 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 4.94% in Q3 2024 to a high of 17.79% in Q3 2021 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last seven quarters, with an average year-over-year change of +1.95 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2025, with a gain of 5.67 percentage points; the weakest was Q2 2022, with a drop of 7.09 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 9.77% (Q1 2026), 10.37% (Q4 2025) and 10.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | 22.01% |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | -11.74% |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 9.40% |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 8.25% |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | 18.77% |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | -51.95% |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 8.62% |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | 15.40% |
| 10 | U S Physical Therapy | 1.25 Bn | 1.45 Bn | 41.94 Mn | 9.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.26% |
| Mar 31, 2026 | 9.77% |
| Dec 31, 2025 | 10.37% |
| Sep 30, 2025 | 10.61% |
| Jun 30, 2025 | 9.15% |
| Mar 31, 2025 | 8.07% |
| Dec 31, 2024 | 7.59% |
| Sep 30, 2024 | 4.94% |
| Jun 30, 2024 | 5.28% |
| Mar 31, 2024 | 5.83% |
| Dec 31, 2023 | 6.03% |
| Sep 30, 2023 | 7.26% |
| Jun 30, 2023 | 8.32% |
| Mar 31, 2023 | 9.86% |
| Dec 31, 2022 | 9.46% |
| Sep 30, 2022 | 11.25% |
| Jun 30, 2022 | 12.19% |
| Mar 31, 2022 | 13.33% |
| Dec 31, 2021 | 15.19% |
| Sep 30, 2021 | 17.79% |
U S Physical Therapy Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=USPH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "USPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();