U S Physical Therapy (USPH) Total Debt (2010 - 2026)
U S Physical Therapy's Total Debt was $173.13 million in Q2 2026, up 28.0% from $135.26 million a year earlier and up 33.4% from the prior quarter.
Powered by 
Analysis
U S Physical Therapy (USPH) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at U S Physical Therapy came in at $131.54 million, down 7.1% from FY2024.
- Total Debt has now declined for three consecutive years, though with a five-year compound annual growth rate of 44.5% (FY2020 to FY2025).
- In earlier years, Total Debt was $141.63 million in FY2024 (-2.6%), $145.39 million in FY2023 (-3.6%), $150.78 million in FY2022 (+31.3%) and $114.83 million in FY2021 (+449.5%).
- The Q2 2026 figure marks the highest quarterly Total Debt in data going back to Q4 2010.
- Compared with a year earlier, Total Debt was higher in 1 of the last eight quarters, with an average decline of 1.0%.
- The best year-over-year quarter for Total Debt over five years was Q1 2022 (growth of 463.6%); the worst was Q4 2025 (a decline of 7.1%).
- Per Business Quant data, USPH's Total Debt in the three quarters before Q2 2026 was $129.77 million (Q1 2026), $131.54 million (Q4 2025) and $133.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 49.72 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 80.29 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 5.64 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 5.86 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 13.25 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 2.63 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 10.78 Bn |
| 10 | U S Physical Therapy | 1.29 Bn | 1.48 Bn | 41.94 Mn | 173.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.13 Mn |
| Mar 31, 2026 | 129.77 Mn |
| Dec 31, 2025 | 131.54 Mn |
| Sep 30, 2025 | 133.19 Mn |
| Jun 30, 2025 | 135.26 Mn |
| Mar 31, 2025 | 138.11 Mn |
| Dec 31, 2024 | 141.63 Mn |
| Sep 30, 2024 | 141.99 Mn |
| Jun 30, 2024 | 143.89 Mn |
| Mar 31, 2024 | 145.17 Mn |
| Dec 31, 2023 | 145.39 Mn |
| Sep 30, 2023 | 147.01 Mn |
| Jun 30, 2023 | 148.80 Mn |
| Mar 31, 2023 | 149.83 Mn |
| Dec 31, 2022 | 150.78 Mn |
| Sep 30, 2022 | 151.27 Mn |
| Jun 30, 2022 | 149.41 Mn |
| Mar 31, 2022 | 118.80 Mn |
| Dec 31, 2021 | 114.83 Mn |
| Sep 30, 2021 | 33.67 Mn |
API Access
U S Physical Therapy Total Debt 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=total-debt&ticker=USPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=USPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();