U.S. Physical Therapy, Inc. (USPH)

NYSE: USPH · Real-Time Price · USD
65.52
+2.71 (4.31%)
May 18, 2026, 3:35 PM EDT - Market open
Market Cap997.14M -8.0%
Revenue (ttm)787.69M +13.8%
Net Income7.67M +4.3%
EPS0.51 -76.8%
Shares Out 15.22M
PE Ratio129.70
Forward PE22.18
Dividend$1.84 (2.81%)
Ex-Dividend DateMay 22, 2026
Volume241,587
Open62.90
Previous Close62.81
Day's Range62.86 - 65.74
52-Week Range58.19 - 93.50
Beta1.20
AnalystsBuy
Price Target93.67 (+42.96%)
Earnings DateMay 6, 2026

About USPH

U.S. Physical Therapy, Inc., together with its subsidiaries, operates and manages outpatient physical therapy clinics. It operates through two segments, Physical Therapy Operations and Industrial Injury Prevention Services. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. It offers industrial injury prevention services, including onsite injury prevention and rehabilitation, performance... [Read more]

Sector Healthcare
IPO Date May 28, 1992
Employees 8,095
Stock Exchange NYSE
Ticker Symbol USPH
Full Company Profile

Financial Performance

In 2025, U.S. Physical Therapy's revenue was $773.34 million, an increase of 16.39% compared to the previous year's $664.43 million. Earnings were $21.57 million, a decrease of -22.20%.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for USPH stock is "Buy." The 12-month stock price target is $93.67, which is an increase of 42.96% from the latest price.

Price Target
$93.67
(42.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

U.S. Physical Therapy Presented at the BofA Securities 2026 Healthcare Conference

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention ...

4 days ago - Business Wire

U.S. Physical Therapy price target lowered to $90 from $103 at Barrington

Barrington analyst Michael Petusky lowered the firm’s price target on U.S. Physical Therapy (USPH) to $90 from $103 and keeps an Outperform rating on the shares based primarily on “somewhat…

5 days ago - TheFly

U.S. Physical Therapy price target lowered to $98 from $113 at Citizens

Citizens analyst Constantine Davides lowered the firm’s price target on U.S. Physical Therapy (USPH) to $98 from $113 and keeps an Outperform rating on the shares. Revenue and EBITDA both…

10 days ago - TheFly

U.S. Physical Therapy Earnings Call Transcript: Q1 2026

Q1 2026 revenue rose 7.9% year-over-year, driven by higher patient volumes and strong commercial rates, despite weather-related disruptions. Guidance for full-year adjusted EBITDA of $102–$106 million was reaffirmed, with hospital partnerships and acquisitions expected to ramp up contributions in the second half.

11 days ago - Transcripts

U.S. Physical Therapy reports Q1 operating EPS 46c, consensus 52c

Reports Q1 revenue $198.3M, consensus $200.94M. Chris Reading, Chairman and Chief Executive Officer commented, “I want to begin by thanking our partners and clinical teams for their tremendous care an...

11 days ago - TheFly

U.S. Physical Therapy backs FY26 adjusted EBITDA view $102M-$106M

Management reaffirmed the Company’s full year 2026 adjusted EBITDA guidance of $102.0 million to $106.0 million, which includes the partial year impact of two previously announced hospital affiliation...

11 days ago - TheFly

U.S. Physical Therapy Reports Record First Quarter Revenue, Reaffirms Full Year Guidance

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

11 days ago - Business Wire

U.S. Physical Therapy, Inc. Schedules First Quarter 2026 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

25 days ago - Business Wire

U.S. Physical Therapy announces $450M credit facility

U.S. Physical Therapy (USPH) announced the closing of a $450M, five-year credit facility that includes a $175M term loan and a $275M revolver with a maturity date of April 14,…

4 weeks ago - TheFly

U.S. Physical Therapy Announces $450 Million Credit Facility

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

4 weeks ago - Business Wire

U.S. Physical Therapy Presented at the Barclays 28th Annual Global Healthcare Conference

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

2 months ago - Business Wire

U.S. Physical Therapy assumed with a Buy at Jefferies

Jefferies assumed coverage of U.S. Physical Therapy (USPH) with a Buy rating and a price target of $102, down from $110. As the company pursues strategic hospital alliances and faces…

2 months ago - TheFly

U.S. Physical Therapy Earnings Call Transcript: Q4 2025

Adjusted EBITDA and net revenue grew over 16% year-over-year, with record patient visit volumes and strong margin improvement despite Medicare headwinds. Two exclusive hospital alliances and multiple acquisitions are set to drive further growth and margin expansion in 2026.

2 months ago - Transcripts

U.S. Physical Therapy reports Q4 non-GAAP EPS 67c, consensus 67c

Reports Q4 revenue $202.73M, consensus $200.1M. CEO Chris Reading said, “Our team delivered a strong finish to a solid year where we made progress around a number of key initiatives…

2 months ago - TheFly

U.S. Physical Therapy sees 2026 adjusted EBITDA $102.0M-$106.0M

18:33 EST U.S. Physical Therapy (USPH) sees 2026 adjusted EBITDA $102.0M-$106.0M

2 months ago - TheFly

U.S. Physical Therapy Reports Fourth Quarter and Full Year 2025 Results

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

2 months ago - Business Wire

U.S. Physical Therapy, Inc. Schedules Fourth Quarter and Year Ended December 31, 2025 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

3 months ago - Business Wire

U.S. Physical Therapy acquires industrial injury prevention business

U.S. Physical Therapy (USPH) announced the acquisition of an industrial injury prevention business for approximately $15.1 million. The business currently generates approximately $7.0 million in annua...

3 months ago - TheFly

U.S. Physical Therapy Announces the Acquisition of an Industrial Injury Prevention Business

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

3 months ago - Business Wire

U.S. Physical Therapy reports 10-year strategic alliance with NYU Langone Health

U.S. Physical Therapy (USPH) announced a 10-year strategic alliance between its subsidiary partner, Metro Physical & Aquatic Therapy, and NYU Langone Health. NYU Langone and Metro Physical Therapy wil...

3 months ago - TheFly

U.S. Physical Therapy Announces Strategic Alliance with NYU Langone Health

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention service...

3 months ago - Business Wire

U.S. Physical Therapy Presented at the J.P. Morgan 2026 Healthcare Conference

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

4 months ago - Business Wire

U.S. Physical Therapy acquires physical therapy management services company

U.S. Physical Therapy (USPH) announced the acquisition of a physical therapy management services company, which exclusively manages a physical therapy practice with eight clinic locations, generating ...

4 months ago - TheFly

U.S. Physical Therapy Announces the Acquisition of an Eight-Clinic Physical Therapy Management Services Company

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury p...

4 months ago - Business Wire

U.S. Physical Therapy price target lowered to $100 from $110 at JPMorgan

JPMorgan analyst Benjamin Rossi lowered the firm’s price target on U.S. Physical Therapy (USPH) to $100 from $110 and keeps an Overweight rating on the shares. The firm updated the…

6 months ago - TheFly