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U S Physical Therapy Inc (USPH) stock

USPHNYSEServices-Health ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 9/3022% above fair value
$98.60−1.50 (-1.50%)

Close on Nov 12, 2026Market cap $1.47BP/E –Yield 1.83%

U S Physical Therapy operating margin

Operating margin is operating income as a percentage of revenue.

U S Physical Therapy's operating margin for the twelve months ending Sep 30, 2026 was 9.1%. For fiscal 2025 it was 11.1%, against 9.4% the year before. The highest annual figure on record is 15.7% in fiscal 2010.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202511.1%+1.7
FY2024Dec 31, 20249.4%+1.0
FY2023Dec 31, 20238.4%−1.9
FY2022Dec 31, 202210.3%−4.0
FY2021Dec 31, 202114.3%+1.9
FY2020Dec 31, 202012.4%−1.6
FY2019Dec 31, 201914.0%+0.7
FY2018Dec 31, 201813.3%+0.1
FY2017Dec 31, 201713.2%−0.7
FY2016Dec 31, 201613.9%−0.4
FY2015Dec 31, 201514.3%−0.7
FY2014Dec 31, 201415.0%+0.3
FY2013Dec 31, 201314.7%−0.7
FY2012Dec 31, 201215.4%+1.8
FY2011Dec 31, 201113.6%−2.1
FY2010Dec 31, 201015.7%+1.7
FY2009Dec 31, 200914.0%–

Quarterly operating margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 202611.3%−1.6
Q2 FY2026Jun 30, 202610.3%−2.4
Q1 FY2026Mar 31, 20266.3%−4.4
Q4 FY2025Dec 31, 20258.3%−2.6
Q3 FY2025Sep 30, 202512.8%+5.2
Q2 FY2025Jun 30, 202512.6%+3.3
Q1 FY2025Mar 31, 202510.7%+1.1
Q4 FY2024Dec 31, 202410.9%+12.5
Q3 FY2024Sep 30, 20247.6%−2.9
Q2 FY2024Jun 30, 20249.3%−3.9
Q1 FY2024Mar 31, 20249.6%−1.9
Q4 FY2023Dec 31, 2023-1.6%−6.4
Q3 FY2023Sep 30, 202310.6%−0.1
Q2 FY2023Jun 30, 202313.2%−1.0
Q1 FY2023Mar 31, 202311.4%+0.0
Q4 FY2022Dec 31, 20224.8%−7.9
Q3 FY2022Sep 30, 202210.7%−2.8
Q2 FY2022Jun 30, 202214.3%−3.2
Q1 FY2022Mar 31, 202211.4%−2.0
Q4 FY2021Dec 31, 202112.7%−2.1
Q3 FY2021Sep 30, 202113.4%−5.2
Q2 FY2021Jun 30, 202117.5%+5.3
Q1 FY2021Mar 31, 202113.4%+9.8
Q4 FY2020Dec 31, 202014.8%+2.3
Q3 FY2020Sep 30, 202018.6%+4.3
Q2 FY2020Jun 30, 202012.2%−3.5
Q1 FY2020Mar 31, 20203.6%−9.7
Q4 FY2019Dec 31, 201912.5%−0.1
Q3 FY2019Sep 30, 201914.3%+0.7
Q2 FY2019Jun 30, 201915.7%+1.0
Q1 FY2019Mar 31, 201913.3%+1.2
Q4 FY2018Dec 31, 201812.6%−0.2
Q3 FY2018Sep 30, 201813.6%+1.1
Q2 FY2018Jun 30, 201814.8%−0.2
Q1 FY2018Mar 31, 201812.0%−0.5
Q4 FY2017Dec 31, 201712.8%+0.7
Q3 FY2017Sep 30, 201712.5%–
Q2 FY2017Jun 30, 201715.0%–
Q1 FY2017Mar 31, 201712.5%–
Q4 FY2016Dec 31, 201612.1%–

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