U S Physical Therapy (USPH) Tax Rate (2010 - 2026)

U S Physical Therapy's (USPH) quarterly Tax Rate came in at 22.79% in Q1 2026, up 51.0% year-on-year from 15.09% in Q1 2025, and down 41.05% quarter-over-quarter from 38.66% in Q4 2025.

U S Physical Therapy (USPH) Tax Rate (2010 - 2026) Analysis & Trends

U S Physical Therapy has disclosed Tax Rate across 17 years of filings, most recently posting 22.79% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 22.79%, up 51.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.83% (up 918.0% YoY), and the FY2025 annual result was 25.46%, up 929.0% from the prior year.
  • Tax Rate came in at 22.79% for Q1 2026 at U S Physical Therapy, down from 38.66% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 38.66% in Q4 2025 to a low of 3065.09% in Q4 2023.
  • The 5-year median for Tax Rate is 21.74% (2022), against an average of 175.57%.
  • Across the five-year window, Tax Rate slumped 281939 bps in 2023 and surged 307030 bps in 2024, its largest moves.
  • U S Physical Therapy's Tax Rate stood at 245.7% in 2022, then tumbled by 1147 bps to 3065.09% in 2023, then jumped by 100 bps to 5.21% in 2024, then surged by 642 bps to 38.66% in 2025, then plunged by 41 bps to 22.79% in 2026.
  • The last three Tax Rate figures came in at 22.79% (Q1 2026), 38.66% (Q4 2025), and 22.88% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 18.80
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 19.96
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 19.40
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 19.54
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 22.41
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 23.54
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 88.41
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 25.37
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 29.07
10 U S Physical Therapy 961.89 Mn 1.25 Bn 32.75 Mn 22.79

Historic Data

Download Data
DateValue
Mar 31, 2026 22.79%
Mar 31, 2026 22.79%
Dec 31, 2025 38.66%
Dec 31, 2025 38.66%
Sep 30, 2025 22.88%
Sep 30, 2025 22.88%
Jun 30, 2025 21.78%
Jun 30, 2025 21.78%
Mar 31, 2025 22.28%
Mar 31, 2025 22.28%
Dec 31, 2024 5.21%
Dec 31, 2024 5.21%
Sep 30, 2024 20.74%
Sep 30, 2024 20.74%
Jun 30, 2024 20.84%
Jun 30, 2024 20.84%
Mar 31, 2024 21.27%
Mar 31, 2024 21.27%
Dec 31, 2023 -3,065.09%
Dec 31, 2023 -3,065.09%