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| Date | Value |
|---|---|
| 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% |