U.S. Physical Therapy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28.44	35.57	41.36	152.83	31.59	28.57
Cash & Short-Term Investments	28.44	35.57	41.36	152.83	31.59	28.57
Cash Growth	-27.42%	-14.00%	-72.94%	383.71%	10.60%	-13.22%
Accounts Receivable	69.08	64.25	59.04	51.87	51.93	46.27
Other Receivables	27.64	24.09	26.63	17.85	16.67	16.14
Total Trade Receivables	96.72	88.34	85.67	69.72	68.61	62.42
Other Current Assets	13.95	16.08	10.56	10.83	11.07	4.18
Total Current Assets	139.11	139.99	137.58	233.38	111.27	95.17
Net Property, Plant & Equipment	187.82	179.85	166.08	129.53	127.75	119.41
Other Intangible Assets	179.82	172.86	179.31	109.68	108.76	86.38
Goodwill	715.87	692.39	667.15	509.57	494.1	434.68
Long-Term Investments	12.44	12.28	12.19	12.26	12.13	12.22
Other Long-Term Assets	6.99	6.64	5.16	2.82	4.15	1.58
Total Assets	1,242	1,204	1,167	997.24	858.15	749.43
Accounts Payable	6.76	6.06	5.94	3.9	6.5	6.47
Accrued Expenses	56.96	80.98	59.51	55.34	37.41	45.71
Current Portion of Long-Term Debt	10.8	9.87	11	7.69	7.86	0.83
Current Portion of Leases	42.78	42.13	39.84	35.25	33.71	30.48
Total Current Liabilities	117.3	139.04	116.28	102.19	85.49	83.48
Long-Term Debt	194.04	152.59	142.53	138.99	175.83	117.59
Long-Term Leases	115.21	110.57	101.87	76.65	77.93	74.19
Other Long-Term Liabilities	32.64	31.61	47.74	27.17	34.33	21.73
Total Long-Term Liabilities	341.89	294.77	292.14	242.82	288.1	213.5
Total Liabilities	459.19	433.81	408.42	345	373.59	296.98
Common Stock	0.18	0.17	0.17	0.17	0.15	0.15
Treasury Stock	-37.19	-37.19	-31.63	-31.63	-31.63	-31.63
Additional Paid-in Capital	288.14	285.52	290.32	281.1	110.32	102.69
Accumulated Other Comprehensive Income	0.98	0.71	2.8	2.78	4	-
Retained Earnings	216.88	227.22	227.27	223.77	232.95	224.4
Total Common Shareholders' Equity	468.98	476.43	488.93	476.19	315.79	295.61
Minority Interest	313.9	293.77	270.12	176.04	168.78	156.84
Shareholders' Equity	782.87	770.2	759.05	652.24	484.57	452.44
Total Liabilities & Equity	1,242	1,204	1,167	997.24	858.15	749.43
Total Debt	362.83	315.17	295.23	258.59	295.34	223.08
Net Cash (Debt)	-334.39	-279.6	-253.87	-105.76	-263.74	-194.51
Net Cash Per Share	-22.03	-18.43	-16.85	-7.45	-20.31	-15.08
Book Value	468.98	476.43	488.93	476.19	315.79	295.61
Book Value Per Share	30.90	31.40	32.46	33.56	24.32	22.92
Tangible Book Value	-426.72	-388.82	-357.53	-143.06	-287.06	-225.46
Tangible Book Value Per Share	-28.11	-25.62	-23.73	-10.08	-22.11	-17.48

SEC Filings: 10-K · 10-Q