U.S. Physical Therapy (USPH) Stock Insights

USPH price $85.32 -2.02 -2.31%

Ticker
USPH
Price
$85.32
Change
-2.02 -2.31%
Market cap ?
$1.27B
P/E ?
501.88
Forward P/E ?
29.54
Dividend yield ?
2.14%
Sector
Healthcare
Industry
Medical - Care Facilities
Stocklytics score
39
Value
34
Quality
43
Growth
41

Stocklytics score rationale: value 34, quality 43, growth 41.

Financials

2016201720182019202020212022202320242025
356546000414051000453911000481969000422969000495022000553144000604802000671345000780990000

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…

Fair value

USPH fair value $79.31. Price $85.32. Price is 8% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 99% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 64.07M. Growth 17.89%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.43% (beta 1.1). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 14.92M. Net debt 390.17M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare USPH

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-04—0.76—214.48M
2026-08-050.750.81214.06M211.36M
2026-05-060.460.55198.29M200.94M
2026-02-250.670.67202.73M199.90M
2025-11-050.660.67164.02M200.10M
2025-08-060.810.71164.18M189.85M
2025-05-070.480.46152.55M188.18M
2025-02-260.650.69180.45M173.10M
2024-11-050.690.68168.03M171.86M
2024-08-130.730.81167.19M162.32M
2024-05-070.510.56155.68M155.68M
2024-02-280.590.57154.80M154.80M
2023-11-070.620.62150.01M148.92M
2023-08-080.760.75151.49M151.06M
2023-05-030.590.52148.51M140.77M
2023-02-220.580.58141.18M141.09M
2022-11-020.580.56139.60M138.03M
2022-08-040.900.95140.66M143.09M
2022-05-050.650.63131.70M128.51M
2022-02-240.720.69129.83M128.62M
2021-11-040.850.78125.89M124.49M
2021-08-050.960.73126.93M126.93M
2021-05-060.640.55112.37M71.72M
2021-02-250.850.83117.47M114.64M
2020-11-050.850.51108.93M89.87M
2020-08-060.39-0.1183.86M38.70M
2020-05-210.300.20112.72M150.29M
2020-02-270.640.69122.11M131.65M
2019-11-070.710.71117.25M117.25M
2019-08-080.810.81126.37M126.37M
2019-05-020.660.62116.23M105.66M
2019-03-070.710.63117.35M104.13M
2018-11-010.640.57113.12M102.52M
2018-08-020.730.70115.10M107.22M
2018-05-030.560.55108.34M108.30M
2018-03-080.490.47109.20M104.74M
2017-11-020.510.49103.03M105.15M
2017-08-030.590.60104.25M104.30M
2017-06-290.380.4797.56M89.95M
2017-06-070.48—90.86M—

Dividends

Yield 2.14%. Payout ratio 181.66%. Frequency Quarterly.

Safety score 68/100 · Moderate. Payout ratio is 182% of earnings, above what earnings cover. Dividends use a moderate share of free cash flow. Dividends were paid in 16 separate years. Yield is 2.1%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-08-21$0.462026-08-212026-09-11Quarterly
2026-05-22$0.462026-05-222026-06-12Quarterly
2026-03-13$0.462026-03-132026-04-10Quarterly
2025-11-17$0.452025-11-172025-12-12Quarterly
2025-08-22$0.452025-08-222025-09-12Quarterly
2025-05-23$0.452025-05-232025-06-13Quarterly
2025-03-14$0.452025-03-142025-04-11Quarterly
2024-11-15$0.442024-11-152024-12-06Quarterly
2024-08-23$0.442024-08-232024-09-13Quarterly
2024-05-22$0.442024-05-232024-06-14Quarterly
2024-03-11$0.442024-03-122024-04-05Quarterly
2023-11-15$0.432023-11-162023-12-08Quarterly
2023-08-17$0.432023-08-182023-09-08Quarterly
2023-05-17$0.432023-05-182023-06-09Quarterly
2023-03-09$0.432023-03-102023-04-07Quarterly
2022-11-18$0.412022-11-212022-12-16Quarterly
2022-08-17$0.412022-08-182022-09-16Quarterly
2022-05-13$0.412022-05-162022-06-14Quarterly
2022-03-11$0.412022-03-142022-04-08Quarterly
2021-11-12$0.382021-11-152021-12-10Quarterly
2021-08-19$0.382021-08-202021-09-17Quarterly
2021-05-13$0.352021-05-142021-06-11Quarterly
2021-03-11$0.352021-03-122021-04-09Annual
2020-03-12$0.322020-03-132020-04-17Quarterly
2019-11-15$0.302019-11-182019-12-13Quarterly
2019-08-14$0.302019-08-152019-09-13Quarterly
2019-05-16$0.272019-05-172019-06-14Quarterly
2019-03-19$0.272019-03-202019-04-19Quarterly
2018-11-08$0.232018-11-092018-12-07Quarterly
2018-08-13$0.232018-08-142018-09-07Quarterly
2018-05-10$0.232018-05-112018-06-08Quarterly
2018-03-20$0.232018-03-212018-04-13Quarterly
2017-11-16$0.202017-11-172017-12-08Quarterly
2017-08-17$0.202017-08-212017-09-08Quarterly
2017-06-14$0.202017-06-162017-07-07Quarterly
2017-04-12$0.202017-04-172017-05-05Semi-Annual
2016-11-16$0.172016-11-182016-12-02Quarterly
2016-08-17$0.172016-08-192016-09-02Quarterly
2016-05-13$0.172016-05-172016-06-03Quarterly
2016-03-16$0.172016-03-182016-04-01Quarterly
2015-11-13$0.152015-11-172015-12-04Quarterly
2015-08-14$0.152015-08-182015-09-04Quarterly
2015-05-14$0.152015-05-182015-06-05Quarterly
2015-03-18$0.152015-03-202015-04-03Quarterly
2014-11-13$0.122014-11-172014-12-05Quarterly
2014-08-14$0.122014-08-182014-09-05Quarterly
2014-05-16$0.122014-05-202014-06-06Quarterly
2014-03-17$0.122014-03-192014-04-04Quarterly
2013-11-13$0.102013-11-152013-12-06Quarterly
2013-08-16$0.102013-08-202013-09-06Quarterly
2013-05-15$0.102013-05-172013-06-07Quarterly
2013-03-13$0.102013-03-152013-03-29Quarterly
2012-11-14$0.092012-11-162012-12-07Quarterly
2012-08-16$0.092012-08-202012-09-07Quarterly
2012-05-11$0.092012-05-152012-06-01Special
2012-03-13$0.092012-03-152012-03-30Quarterly
2011-11-15$0.082011-11-172011-12-02Quarterly
2011-08-17$0.082011-08-192011-09-02Quarterly
2011-05-18$0.082011-05-202011-06-03Quarterly
2011-03-11$0.082011-03-152011-03-30Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-01Davis MyraBuy1.21K——
2026-10-01Davis MyraOther0——
2026-09-14Etta NchachaBuy6.83K——
2026-09-11Minan Peter FrancisBuy5$79.00416
2026-09-01Etta NchachaOther0——
2026-08-20Williams Eric JosephSell714$78.0055.69K
2026-08-20CURTIS JASON TRAVISSell40$78.003.12K
2026-08-20Binstein RichardSell450$78.0035.10K
2026-08-20REEVE GRAHAM D.Sell762$78.0059.44K
2026-06-12Minan Peter FrancisBuy1$66.5058
2026-06-09Minan Peter FrancisBuy288$61.5017.71K
2026-06-08Minan Peter FrancisBuy492$63.1431.06K
2026-05-20CURTIS JASON TRAVISSell40$62.242.49K
2026-05-20REEVE GRAHAM D.Sell762$62.2447.43K
2026-05-19Swanson Regg E.Buy2.31K——
2026-05-19Motsenbocker AnneBuy2.31K——
2026-05-19Minan Peter FrancisBuy2.31K——
2026-05-19Harris Bernard A JrBuy2.31K——
2026-05-19Gilmartin Kathleen ABuy2.31K——
2026-05-19Motsenbocker AnneBuy2.31K$61.61142.07K
2026-05-19Swanson Regg E.Buy2.31K$61.61142.07K
2026-05-19Minan Peter FrancisBuy2.31K$61.61142.07K
2026-05-19Harris Bernard A JrBuy2.31K$61.61142.07K
2026-05-19Gilmartin Kathleen ABuy2.31K$61.61142.07K
2026-05-19Minan Peter FrancisOther0——
2026-04-27CURTIS JASON TRAVISOther0——
2026-03-11REEVE GRAHAM D.Sell662$78.8652.21K
2026-03-09REEVE GRAHAM D.Sell1$78.5279
2026-03-09HENDRICKSON CAREY PSell10.00K——
2026-03-06REEVE GRAHAM D.Sell1.81K$82.25148.63K
2026-03-06Binstein RichardSell3.00K$81.64244.92K
2026-02-23READING CHRISTOPHER JBuy25.00K——
2026-02-23Williams Eric JosephBuy15.00K——
2026-02-23REEVE GRAHAM D.Buy10.00K——
2026-02-23Binstein RichardBuy10.00K——
2026-02-23HENDRICKSON CAREY PBuy10.00K——
2025-11-24REEVE GRAHAM D.Sell743$71.0152.76K
2025-11-20Gilmartin Kathleen ABuy4.00K$69.00276.00K
2025-09-11HAM NANCYSell600$81.7149.03K
2025-09-05Williams Eric JosephSell1.00K$85.2585.25K
2025-09-04READING CHRISTOPHER JSell2.00K$83.53167.06K
2025-08-25HENDRICKSON CAREY PSell698$86.1160.10K
2025-08-21REEVE GRAHAM D.Sell763$84.9764.83K
2025-08-19Binstein RichardSell2.00K$84.79169.58K
2025-08-11REEVE GRAHAM D.Sell1.79K$86.57155.13K
2025-06-12HAM NANCYSell400$78.0131.20K
2025-05-21REEVE GRAHAM D.Sell530$78.0841.38K
2025-05-21Williams Eric JosephSell633$78.0949.43K
2025-05-20Harris Bernard A JrBuy1.88K——
2025-05-20Trier ClaytonBuy1.88K——
2025-05-20Swanson Regg E.Buy1.88K——
2025-05-20HAM NANCYBuy1.88K——
2025-05-20Mayrsohn Michael GlasserOther0——
2025-05-20Motsenbocker AnneBuy1.88K——
2025-05-20Gilmartin Kathleen ABuy1.88K——
2025-03-11HENDRICKSON CAREY PSell63——
2025-03-07REEVE GRAHAM D.Sell1.73K$82.11142.05K
2025-02-24Binstein RichardBuy8.10K——
2025-02-24Williams Eric JosephBuy12.15K——
2025-02-24READING CHRISTOPHER JBuy20.25K——
2025-02-24HENDRICKSON CAREY PBuy8.10K——
2025-02-24REEVE GRAHAM D.Buy8.10K——
2024-12-09HENDRICKSON CAREY PSell516$96.2549.66K
2024-11-25Binstein RichardSell1.13K$98.52111.13K
2024-11-12Harris Bernard A JrSell2.00K$92.95185.90K
2024-11-08HAM NANCYSell1.17K$96.72113.36K
2024-11-08REEVE GRAHAM D.Sell1.72K$96.29166.00K
2024-11-08Williams Eric JosephSell2.00K$95.84191.68K
2024-11-08Trier ClaytonSell2.00K$95.78191.56K
2024-09-03Gilmartin Kathleen ABuy2.00K$86.09172.18K
2024-08-21REEVE GRAHAM D.Sell1.72K$82.50142.23K
2024-05-30READING CHRISTOPHER JSell2.90K$100.26290.75K
2024-05-29READING CHRISTOPHER JSell1.00K$100.13100.13K
2024-05-28READING CHRISTOPHER JSell1.10K$102.13112.34K
2024-05-20Swanson Regg E.Buy1.42K——
2024-05-20Motsenbocker AnneBuy1.42K——
2024-05-20Harris Bernard A JrBuy1.42K——
2024-05-20Gilmartin Kathleen ABuy1.42K——
2024-05-20Trier ClaytonBuy1.42K——
2024-05-20HENDRICKSON CAREY PSell143——
2024-05-20HENDRICKSON CAREY PSell58——
2024-05-20HAM NANCYBuy1.42K——
2024-05-16Binstein RichardSell2.11K$106.34224.48K
2024-05-15KUNTZ EDWARD LSell2.50K$107.57268.93K
2024-05-10Williams Eric JosephSell2.50K$104.22260.55K
2024-05-10REEVE GRAHAM D.Sell1.72K$105.46181.81K
2024-03-13HENDRICKSON CAREY PSell12$107.231.29K
2024-03-13HENDRICKSON CAREY PSell1.79K$107.28191.82K
2024-03-13Binstein RichardSell2.00K$106.55213.10K
2024-03-13Trier ClaytonSell400$107.0042.80K
2024-03-13HAM NANCYSell500$107.8953.95K
2024-03-04REEVE GRAHAM D.Sell2.63K$104.39274.44K
2024-03-04Williams Eric JosephSell500$104.6052.30K
2024-03-04Williams Eric JosephSell1.00K$105.14105.14K
2024-03-04KUNTZ EDWARD LSell2.50K$104.26260.65K
2024-02-26READING CHRISTOPHER JBuy16.20K——
2024-02-26REEVE GRAHAM D.Buy8.10K——
2024-02-26Williams Eric JosephBuy8.10K——
2024-02-26Binstein RichardBuy8.10K——
2024-02-26HENDRICKSON CAREY PBuy8.10K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 222, holders -9 vs prior quarter. Ownership 108.39%.

HolderSharesChangeChange %Value
BLACKROCK, INC.2.26M55.69K+2.52%155.51M
BAHL & GAYNOR LLC861.57K16.19K+1.91%59.17M
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC846.67K-219.18K-20.56%58.15M
COPELAND CAPITAL MANAGEMENT, LLC841.54K4.71K+0.56%57.80M
STATE STREET CORP707.19K58.80K+9.07%48.58M
MORGAN STANLEY698.69K-303.78K-30.30%47.99M
VANGUARD CAPITAL MANAGEMENT LLC674.20K10.13K+1.53%46.30M
NEUBERGER BERMAN GROUP LLC598.89K589.64K+6375.23%41.13M
AMERICAN CENTURY COMPANIES INC558.82K222.37K+66.09%38.38M
SOUTHERNSUN ASSET MANAGEMENT, LLC527.76K87.86K+19.97%36.25M
DIMENSIONAL FUND ADVISORS LP513.91K6.52K+1.28%35.30M
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC437.00K59.13K+15.65%30.01M
SCHRODER INVESTMENT MANAGEMENT GROUP433.75K177.23K+69.09%29.85M
GEODE CAPITAL MANAGEMENT, LLC385.73K19.77K+5.40%26.50M
BOSTON TRUST WALDEN CORP381.12K-18.98K-4.74%26.18M
GW&K INVESTMENT MANAGEMENT, LLC359.18K-9.50K-2.58%24.67M
VANGUARD PORTFOLIO MANAGEMENT LLC329.16K16.85K+5.40%22.61M
BANK OF AMERICA CORP /DE/282.19K-272.43K-49.12%19.38M
NORTHERN TRUST CORP230.94K20.01K+9.49%15.86M
ENVESTNET ASSET MANAGEMENT INC204.34K-68.77K-25.18%14.03M
CRAWFORD INVESTMENT COUNSEL INC179.08K27.20K+17.91%12.30M
FMR LLC143.23K-4.81K-3.25%9.84M
KENNEDY CAPITAL MANAGEMENT LLC141.10K73.15K+107.66%9.69M
ROYAL BANK OF CANADA140.05K6.28K+4.69%9.62M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC137.13K-9.84K-6.69%9.42M

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U.S. Physical Therapy (USPH) Stock Insights

USPH$85.32-2.02 -2.31%

$1.27B

Market Cap

501.88

P/E

29.54

Forward P/E

39

Score

Price History