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USPH US​
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  • Home
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  • Get the full experience

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USPH US​
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U S Physical Therapy Inc /NV(USPH US)

$89.40+4.665.50%Ext:$88.07-1.331.49%(Pre-Market · 12:21:20 UTC)
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U S Physical Therapy Inc /NV(USPH US)

$89.40+4.665.50%Ext:$88.07-1.331.49%(Pre-Market · 12:21:20 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

U S Physical Therapy Inc /NV — Company Profile

U.S. Physical Therapy, Inc., through its various subsidiaries, manages a network of outpatient physical therapy facilities. These clinics deliver a range of services, including rehabilitation before and after surgery, treatment for musculoskeletal conditions, recovery from sports-related trauma, proactive health measures, assistance for workers recovering from injuries, and care for neurological conditions. The company's business is divided into two primary divisions: Physical Therapy Operations and Industrial Injury Prevention Services. Within its industrial segment, it provides specialized services like on-site injury avoidance and recovery programs, strategies for enhancing physical performance, pre-employment screening tests, assessments of an individual's work capacity, and workplace ergonomic reviews. These offerings are delivered by licensed physical therapists and expert certified athletic trainers to a diverse clientele, including Fortune 500 corporations, insurance providers, and their associated contractors. By the end of 2021, specifically December 31st, the company had established 591 operational clinics across 39 states, in addition to overseeing 35 other physical therapy sites. Established in 1990, the company maintains its headquarters in Houston, Texas.

Sector
Healthcare
Industry
Medical - Care Facilities
Exchange
UN
CEO
Christopher J. Reading
Headquarters
Houston, TX, US
IPO Date
May 29, 1992
Employees
6,374
Website
www.usph.com

Key Metrics

Price
$83.72
Market Cap
$1.27B
Revenue (TTM)
$198.29M
Net Income (TTM)
$-4331000.00
EPS (TTM)
-0.12
P/E (TTM)
1079.76
P/B (TTM)
2.72
Dividend Yield
2.94%
ROE (TTM)
-0.92%
ROA (TTM)
-0.35%
Operating Margin
7.54%
Beta
0.46

Dividends

Last Dividend
$0.46
Last Yield
0.03%

Summary

U.S. Physical Therapy, Inc., through its various subsidiaries, manages a network of outpatient physical therapy facilities. These clinics deliver a range of services, including rehabilitation before and after surgery, treatment for musculoskeletal conditions, recovery from sports-related trauma, proactive health measures, assistance for workers recovering from injuries, and care for neurological conditions. The company's business is divided into two primary divisions: Physical Therapy Operations and Industrial Injury Prevention Services. Within its industrial segment, it provides specialized services like on-site injury avoidance and recovery programs, strategies for enhancing physical performance, pre-employment screening tests, assessments of an individual's work capacity, and workplace ergonomic reviews. These offerings are delivered by licensed physical therapists and expert certified athletic trainers to a diverse clientele, including Fortune 500 corporations, insurance providers, and their associated contractors. By the end of 2021, specifically December 31st, the company had established 591 operational clinics across 39 states, in addition to overseeing 35 other physical therapy sites. Established in 1990, the company maintains its headquarters in Houston, Texas.

Website
www.usph.com
Location
Houston, TX, US
Phone713 297 7000
Employees6,374
CEOChristopher J. Reading
SectorHealthcare
IndustryMedical - Care Facilities
IPO DateMay 29, 1992

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.7K)

Expand
  • SC 13G/AU S PHYSICAL THERAPY INC /NV30 Oct
  • SC 13GU S PHYSICAL THERAPY INC /NV13 Oct
  • 4Statement of changes in beneficial ownership2 Oct
  • 3Initial statement of beneficial ownership1 Oct
  • 8-KEntry into a Material Definitive Agreement28 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers21 Sep
  • 4Statement of changes in beneficial ownership15 Sep
  • 4Statement of changes in beneficial ownership14 Sep
  • 3Initial statement of beneficial ownership2 Sep
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 8-KEntry into a Material Definitive Agreement14 Aug
  • SC 13G/AU S PHYSICAL THERAPY INC /NV13 Aug
  • 8-KRegulation FD Disclosure12 Aug
  • SC 13G/AU S PHYSICAL THERAPY INC /NV12 Aug
  • 8-KRegulation FD Disclosure10 Aug
  • 10-QQ2ended 30 Jun 20267 Aug
  • 8-KResults of Operations and Financial Condition6 Aug

News

  • Here's What Key Metrics Tell Us About U.S. Physical Therapy (USPH) Q3 Earnings4 Nov
  • U.S. Physical Therapy (USPH) Tops Q3 Earnings and Revenue Estimates4 Nov
  • USPH Reports Third Quarter 2026 Results, Record High Visits and Revenue Per Visit4 Nov
  • Reviewing U.S. Physical Therapy (NYSE:USPH) and UnitedHealth Group (NYSE:UNH)2 Nov
  • Aristotle Small/Mid Cap Equity WM Q3 2026 Portfolio Activity23 Oct
  • U.S. Physical Therapy, Inc. Schedules Third Quarter 2026 Earnings Release and Conference Call Dates21 Oct
  • U.S. Physical Therapy Announces the Appointment of New Board Member Myra Davis21 Sep
  • Freestone Grove Partners LP Makes New Investment in U.S. Physical Therapy, Inc. $USPH31 Aug
  • BlackRock Inc. Invests $155.50 Million in U.S. Physical Therapy, Inc. $USPH29 Aug
  • U.S. Physical Therapy Bets on Hospital Alliances to Drive Visits, Reimbursement29 Aug
  • U.S. Physical Therapy Bets on Hospital Alliances to Drive Visits, Reimbursement27 Aug
  • U.S. Physical Therapy Presented at the 17th Annual Midwest Ideas Conference27 Aug
  • U.S. Physical Therapy Announces CFO14 Aug
  • U.S. Physical Therapy Q2 Earnings Call Highlights9 Aug
  • U.S. Physical Therapy, Inc. (USPH) Q2 2026 Earnings Call Transcript7 Aug
  • U.S. Physical Therapy Continues To Heal6 Aug
  • U.S. Physical Therapy (USPH) Lags Q2 Earnings Estimates5 Aug
  • U.S. Physical Therapy (USPH) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates5 Aug
  • USPH Reports Second Quarter 2026 Results, Reaffirms Full Year Guidance5 Aug

Mentions in Filings

  • Edward L. Kuntz, age 81, was appointed to the Board of Directors of Stabilis on July 26, 2019. Mr. Kuntz is the former Chairman and Chief Executive Officer of Kindred Healthcare, formerly a diversified provider of post-acute care services in the United States. From 1998 through May 2014, he served as Chairman of the Board of Directors of Kindred and as Chief Executive Officer from 1998 to 2004. Mr. Kuntz was also the Chairman of the Board of Dire …
    Stabilis Solutions, Inc.U S Physical Therapy Inc /NV·DEF 14A - Definitive proxy statement·Q3 26·30 Jun
  • … h adjusted EBITDA multiple from November 2020 through November 2025 with the enterprise value-to-next twelve month adjusted EBITDA multiple of a group of selected healthcare services public companies as well as <strong>U.S. Physical Therapy, Inc.</strong> and Encompass Health Corporation, individually. Although such companies are not directly comparable to the Company, these peers were selected because they are publicly traded companies in the healthcare services …
    SELECT MEDICAL HOLDINGS CORPU S Physical Therapy Inc /NV·DEFM14A - Definitive proxy statement (merger)·Q2 26·19 May
  • … h adjusted EBITDA multiple from November 2020 through November 2025 with the enterprise value-to-next twelve month adjusted EBITDA multiple of a group of selected healthcare services public companies as well as <strong>U.S. Physical Therapy, Inc.</strong> and Encompass Health Corporation, individually. Although such companies are not directly comparable to the Company, these peers were selected because they are publicly traded companies in the healthcare services …
    SELECT MEDICAL HOLDINGS CORPU S Physical Therapy Inc /NV·PRER14A - Preliminary proxy statement (revision)·Q2 26·15 May
  • Carey Hendrickson has served as our Chief Financial Officer since April 2026. Previously, he served as Chief Financial Officer of <strong>U.S. Physical Therapy, Inc.</strong> (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, from November 2020 until April 2026. From May 2014 to June 2018, he served as Senior Vice President and Chief Financial Officer and then Executive Vice President an …
    PACS Group, Inc.U S Physical Therapy Inc /NV·DEF 14A - Definitive proxy statement·Q2 26·28 Apr
  • … re as follows: | | | | --- | --- | | Selected Companies | EV/NTM EBITDA Multiple | | Addus HomeCare Corporation | 10.0x | | Aveanna Healthcare Holdings, Inc. | 11.3x | | BrightSpring Health Services, Inc. | 16.2x | | Chemed Corporation | 12.5x | | Encompass Health Corporation | 9.8x | | Guardian Pharmacy Services, Inc. | 19.0x | | RadNet, Inc. | 15.3x | | Surgery Partners, Inc. | 10.2x | | <strong>U.S. Physical Therapy, Inc.</strong> | 12.6x | | Median | 12.5x | …
    Option Care Health, Inc.U S Physical Therapy Inc /NV·PREM14A - Preliminary proxy statement (merger)·Q4 26·28 Oct
  • … | Omnicell, Inc. \* | | 0.45% | | 388 | | 34.83 | | 13,514 | | RIGL | Rigel Pharmaceuticals, Inc. \* | | 0.25% | | 155 | | 48.72 | | 7,552 | | SAN FP | Sanofi # | | 0.83% | | 314 | | 79.53 | | 24,971 | | USPH | <strong>U.S. Physical Therapy, Inc.</strong> | | 0.35% | | 125 | | 83.52 | | 10,440 | | VCEL | Vericel Corporation \* | | 0.59% | | 439 | | 40.05 | | 17,582 | | Industrials (5.30%): | | | | | | | | | | | BLBD | Blue Bird Corporation \* | | 0.50% | | 265 | …
    FT 13255U S Physical Therapy Inc /NV·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·9 Oct

Key Stats

Trading

Px/Chg 1D$83.72 / +1.36%
Avg Volume200.95K
Beta0.46
Mkt Cap1.27B
FD Mkt Cap1.19B

Float

Shrs Out/Float15.22M / 14.84M
Short Float0.07%
Days to Cover4.67
Stock Repurchased$0.00

Current Valuation

EV1.92B
EV/EBITDA18.57
EV/Sales2.64
P/B2.72
P/S1.75
FCF Yield-0.11%
ROE-0.92%
ROA-0.35%
Current Ratio1.19

Dividend

Cash$0.46
Yield2.94%
Yield (TTM)2.94%

Estimates

P/E1,079.76
Est P/E0.00
Est EPS0.55
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-37.3649.84102.0940.37-84.89-294.19
Price / Sales3.492.552.481.594.426.43
Price / Book Value2.884.463.152.181.882.72
Price / Free Cash Flow-164.5028.0120.6116.2542.62-930.01
ENTERPRISE VALUE METRICS
Enterprise Value1,742.91,841.31,779.91,592.21,578.81,922.4
Enterprise Value / Sales5.233.332.942.377.799.70
Enterprise Value / EBITDA47.5524.2023.9318.3271.9599.33
Enterprise Value / EBIT63.7730.0130.3323.3491.22143.96

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue12.1%495.0553.1604.8671.3781.0
Gross Income7.6%117.2112.0121.5123.9157.3
EBITDA6.3%85.776.174.486.9109.7
EBIT4.2%74.161.458.768.287.3
Net Income-14.2%27.828.314.726.515.1
EPS (Diluted)-25%4.493.341.281.841.42
BALANCE SHEET
Cash & ST Inv5.6%28.631.6152.841.435.6
Total Assets12.6%749.4858.2997.21,167.51,204.0
Total Liabilities9.9%297.0373.6345.0408.4433.8
Total Shareholder Equity12.7%295.6315.8476.2488.9476.4
CASH FLOW
Net Operating Cash Flow-44.4%76.458.582.074.975.1
Cap Ex14.4%-8.2-8.2-9.3-9.2-14.1
Free Cash Flow-2.8%68.250.372.765.861.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)88.65
Basic Shares15.22
Market Cap1,349.1
Diluted Shares15.17
Fully Diluted Shares Outstanding15.17
Fully Diluted Market Cap1,344.6
+Consolidated Debt362.8
−In-the-Money Convertible Debt—
+Capital Leases158.0
+Operating Leases—
−Cash & Equivalents-28.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest313.9
+Pension Liabilities—
Enterprise Value1,997.4

Segment data

Revenue

by Products and services

  • Net Patient Revenues83%
  • Other Revenues Including Management Contract Revenues And Industrial Injury Prevention Services Revenues17%

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U S Physical Therapy Inc /NV — Company Profile

U.S. Physical Therapy, Inc., through its various subsidiaries, manages a network of outpatient physical therapy facilities. These clinics deliver a range of services, including rehabilitation before and after surgery, treatment for musculoskeletal conditions, recovery from sports-related trauma, proactive health measures, assistance for workers recovering from injuries, and care for neurological conditions. The company's business is divided into two primary divisions: Physical Therapy Operations and Industrial Injury Prevention Services. Within its industrial segment, it provides specialized services like on-site injury avoidance and recovery programs, strategies for enhancing physical performance, pre-employment screening tests, assessments of an individual's work capacity, and workplace ergonomic reviews. These offerings are delivered by licensed physical therapists and expert certified athletic trainers to a diverse clientele, including Fortune 500 corporations, insurance providers, and their associated contractors. By the end of 2021, specifically December 31st, the company had established 591 operational clinics across 39 states, in addition to overseeing 35 other physical therapy sites. Established in 1990, the company maintains its headquarters in Houston, Texas.

Sector
Healthcare
Industry
Medical - Care Facilities
Exchange
UN
CEO
Christopher J. Reading
Headquarters
Houston, TX, US
IPO Date
May 29, 1992
Employees
6,374
Website
www.usph.com

Key Metrics

Price
$83.72
Market Cap
$1.27B
Revenue (TTM)
$198.29M
Net Income (TTM)
$-4331000.00
EPS (TTM)
-0.12
P/E (TTM)
1079.76
P/B (TTM)
2.72
Dividend Yield
2.94%
ROE (TTM)
-0.92%
ROA (TTM)
-0.35%
Operating Margin
7.54%
Beta
0.46

Dividends

Last Dividend
$0.46
Last Yield
0.03%

Summary

U.S. Physical Therapy, Inc., through its various subsidiaries, manages a network of outpatient physical therapy facilities. These clinics deliver a range of services, including rehabilitation before and after surgery, treatment for musculoskeletal conditions, recovery from sports-related trauma, proactive health measures, assistance for workers recovering from injuries, and care for neurological conditions. The company's business is divided into two primary divisions: Physical Therapy Operations and Industrial Injury Prevention Services. Within its industrial segment, it provides specialized services like on-site injury avoidance and recovery programs, strategies for enhancing physical performance, pre-employment screening tests, assessments of an individual's work capacity, and workplace ergonomic reviews. These offerings are delivered by licensed physical therapists and expert certified athletic trainers to a diverse clientele, including Fortune 500 corporations, insurance providers, and their associated contractors. By the end of 2021, specifically December 31st, the company had established 591 operational clinics across 39 states, in addition to overseeing 35 other physical therapy sites. Established in 1990, the company maintains its headquarters in Houston, Texas.

Website
www.usph.com
Location
Houston, TX, US
Phone713 297 7000
Employees6,374
CEOChristopher J. Reading
SectorHealthcare
IndustryMedical - Care Facilities
IPO DateMay 29, 1992

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.7K)

Expand
  • SC 13G/AU S PHYSICAL THERAPY INC /NV30 Oct
  • SC 13GU S PHYSICAL THERAPY INC /NV13 Oct
  • 4Statement of changes in beneficial ownership2 Oct
  • 3Initial statement of beneficial ownership1 Oct
  • 8-KEntry into a Material Definitive Agreement28 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers21 Sep
  • 4Statement of changes in beneficial ownership15 Sep
  • 4Statement of changes in beneficial ownership14 Sep
  • 3Initial statement of beneficial ownership2 Sep
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 4Statement of changes in beneficial ownership24 Aug
  • 8-KEntry into a Material Definitive Agreement14 Aug
  • SC 13G/AU S PHYSICAL THERAPY INC /NV13 Aug
  • 8-KRegulation FD Disclosure12 Aug
  • SC 13G/AU S PHYSICAL THERAPY INC /NV12 Aug
  • 8-KRegulation FD Disclosure10 Aug
  • 10-QQ2ended 30 Jun 20267 Aug
  • 8-KResults of Operations and Financial Condition6 Aug

News

  • Here's What Key Metrics Tell Us About U.S. Physical Therapy (USPH) Q3 Earnings4 Nov
  • U.S. Physical Therapy (USPH) Tops Q3 Earnings and Revenue Estimates4 Nov
  • USPH Reports Third Quarter 2026 Results, Record High Visits and Revenue Per Visit4 Nov
  • Reviewing U.S. Physical Therapy (NYSE:USPH) and UnitedHealth Group (NYSE:UNH)2 Nov
  • Aristotle Small/Mid Cap Equity WM Q3 2026 Portfolio Activity23 Oct
  • U.S. Physical Therapy, Inc. Schedules Third Quarter 2026 Earnings Release and Conference Call Dates21 Oct
  • U.S. Physical Therapy Announces the Appointment of New Board Member Myra Davis21 Sep
  • Freestone Grove Partners LP Makes New Investment in U.S. Physical Therapy, Inc. $USPH31 Aug
  • BlackRock Inc. Invests $155.50 Million in U.S. Physical Therapy, Inc. $USPH29 Aug
  • U.S. Physical Therapy Bets on Hospital Alliances to Drive Visits, Reimbursement29 Aug
  • U.S. Physical Therapy Bets on Hospital Alliances to Drive Visits, Reimbursement27 Aug
  • U.S. Physical Therapy Presented at the 17th Annual Midwest Ideas Conference27 Aug
  • U.S. Physical Therapy Announces CFO14 Aug
  • U.S. Physical Therapy Q2 Earnings Call Highlights9 Aug
  • U.S. Physical Therapy, Inc. (USPH) Q2 2026 Earnings Call Transcript7 Aug
  • U.S. Physical Therapy Continues To Heal6 Aug
  • U.S. Physical Therapy (USPH) Lags Q2 Earnings Estimates5 Aug
  • U.S. Physical Therapy (USPH) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates5 Aug
  • USPH Reports Second Quarter 2026 Results, Reaffirms Full Year Guidance5 Aug

Mentions in Filings

  • Edward L. Kuntz, age 81, was appointed to the Board of Directors of Stabilis on July 26, 2019. Mr. Kuntz is the former Chairman and Chief Executive Officer of Kindred Healthcare, formerly a diversified provider of post-acute care services in the United States. From 1998 through May 2014, he served as Chairman of the Board of Directors of Kindred and as Chief Executive Officer from 1998 to 2004. Mr. Kuntz was also the Chairman of the Board of Dire …
    Stabilis Solutions, Inc.U S Physical Therapy Inc /NV·DEF 14A - Definitive proxy statement·Q3 26·30 Jun
  • … h adjusted EBITDA multiple from November 2020 through November 2025 with the enterprise value-to-next twelve month adjusted EBITDA multiple of a group of selected healthcare services public companies as well as <strong>U.S. Physical Therapy, Inc.</strong> and Encompass Health Corporation, individually. Although such companies are not directly comparable to the Company, these peers were selected because they are publicly traded companies in the healthcare services …
    SELECT MEDICAL HOLDINGS CORPU S Physical Therapy Inc /NV·DEFM14A - Definitive proxy statement (merger)·Q2 26·19 May
  • … h adjusted EBITDA multiple from November 2020 through November 2025 with the enterprise value-to-next twelve month adjusted EBITDA multiple of a group of selected healthcare services public companies as well as <strong>U.S. Physical Therapy, Inc.</strong> and Encompass Health Corporation, individually. Although such companies are not directly comparable to the Company, these peers were selected because they are publicly traded companies in the healthcare services …
    SELECT MEDICAL HOLDINGS CORPU S Physical Therapy Inc /NV·PRER14A - Preliminary proxy statement (revision)·Q2 26·15 May
  • Carey Hendrickson has served as our Chief Financial Officer since April 2026. Previously, he served as Chief Financial Officer of <strong>U.S. Physical Therapy, Inc.</strong> (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, from November 2020 until April 2026. From May 2014 to June 2018, he served as Senior Vice President and Chief Financial Officer and then Executive Vice President an …
    PACS Group, Inc.U S Physical Therapy Inc /NV·DEF 14A - Definitive proxy statement·Q2 26·28 Apr
  • … re as follows: | | | | --- | --- | | Selected Companies | EV/NTM EBITDA Multiple | | Addus HomeCare Corporation | 10.0x | | Aveanna Healthcare Holdings, Inc. | 11.3x | | BrightSpring Health Services, Inc. | 16.2x | | Chemed Corporation | 12.5x | | Encompass Health Corporation | 9.8x | | Guardian Pharmacy Services, Inc. | 19.0x | | RadNet, Inc. | 15.3x | | Surgery Partners, Inc. | 10.2x | | <strong>U.S. Physical Therapy, Inc.</strong> | 12.6x | | Median | 12.5x | …
    Option Care Health, Inc.U S Physical Therapy Inc /NV·PREM14A - Preliminary proxy statement (merger)·Q4 26·28 Oct
  • … | Omnicell, Inc. \* | | 0.45% | | 388 | | 34.83 | | 13,514 | | RIGL | Rigel Pharmaceuticals, Inc. \* | | 0.25% | | 155 | | 48.72 | | 7,552 | | SAN FP | Sanofi # | | 0.83% | | 314 | | 79.53 | | 24,971 | | USPH | <strong>U.S. Physical Therapy, Inc.</strong> | | 0.35% | | 125 | | 83.52 | | 10,440 | | VCEL | Vericel Corporation \* | | 0.59% | | 439 | | 40.05 | | 17,582 | | Industrials (5.30%): | | | | | | | | | | | BLBD | Blue Bird Corporation \* | | 0.50% | | 265 | …
    FT 13255U S Physical Therapy Inc /NV·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·9 Oct

Key Stats

Trading

Px/Chg 1D$83.72 / +1.36%
Avg Volume200.95K
Beta0.46
Mkt Cap1.27B
FD Mkt Cap1.19B

Float

Shrs Out/Float15.22M / 14.84M
Short Float0.07%
Days to Cover4.67
Stock Repurchased$0.00

Current Valuation

EV1.92B
EV/EBITDA18.57
EV/Sales2.64
P/B2.72
P/S1.75
FCF Yield-0.11%
ROE-0.92%
ROA-0.35%
Current Ratio1.19

Dividend

Cash$0.46
Yield2.94%
Yield (TTM)2.94%

Estimates

P/E1,079.76
Est P/E0.00
Est EPS0.55
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-37.3649.84102.0940.37-84.89-294.19
Price / Sales3.492.552.481.594.426.43
Price / Book Value2.884.463.152.181.882.72
Price / Free Cash Flow-164.5028.0120.6116.2542.62-930.01
ENTERPRISE VALUE METRICS
Enterprise Value1,742.91,841.31,779.91,592.21,578.81,922.4
Enterprise Value / Sales5.233.332.942.377.799.70
Enterprise Value / EBITDA47.5524.2023.9318.3271.9599.33
Enterprise Value / EBIT63.7730.0130.3323.3491.22143.96

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue12.1%495.0553.1604.8671.3781.0
Gross Income7.6%117.2112.0121.5123.9157.3
EBITDA6.3%85.776.174.486.9109.7
EBIT4.2%74.161.458.768.287.3
Net Income-14.2%27.828.314.726.515.1
EPS (Diluted)-25%4.493.341.281.841.42
BALANCE SHEET
Cash & ST Inv5.6%28.631.6152.841.435.6
Total Assets12.6%749.4858.2997.21,167.51,204.0
Total Liabilities9.9%297.0373.6345.0408.4433.8
Total Shareholder Equity12.7%295.6315.8476.2488.9476.4
CASH FLOW
Net Operating Cash Flow-44.4%76.458.582.074.975.1
Cap Ex14.4%-8.2-8.2-9.3-9.2-14.1
Free Cash Flow-2.8%68.250.372.765.861.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)88.65
Basic Shares15.22
Market Cap1,349.1
Diluted Shares15.17
Fully Diluted Shares Outstanding15.17
Fully Diluted Market Cap1,344.6
+Consolidated Debt362.8
−In-the-Money Convertible Debt—
+Capital Leases158.0
+Operating Leases—
−Cash & Equivalents-28.4
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest313.9
+Pension Liabilities—
Enterprise Value1,997.4

Segment data

Revenue

by Products and services

  • Net Patient Revenues83%
  • Other Revenues Including Management Contract Revenues And Industrial Injury Prevention Services Revenues17%

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