U.S. Physical Therapy Reports Strong 2025 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy USPH?
Source: Newsfilter
- Significant Revenue Growth: U.S. Physical Therapy reported net revenue of $781 million for 2025, a 16.3% increase from 2024, indicating strong performance in the physical therapy market that is expected to enhance market share and profitability.
- Adjusted EBITDA Improvement: The company achieved an adjusted EBITDA of $95 million in 2025, up 13.2% from 2024, reflecting enhanced operational efficiency and cost control, which will support future investments and expansion.
- Increase in Patient Visits: In Q4 2025, patient visits reached 1.593 million, an 11.2% increase year-over-year, demonstrating effective responses to customer service and market demand, further solidifying its position in the industry.
- Strategic Acquisitions and Partnerships: The company made several acquisitions and established long-term partnerships with hospital systems in early 2026, expected to contribute at least $700,000 to future revenue and EBITDA, showcasing its proactive strategy in expanding business and enhancing service capabilities.
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Analyst Views on USPH
Wall Street analysts forecast USPH stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 82.880
Low
100.00
Averages
101.50
High
103.00
Current: 82.880
Low
100.00
Averages
101.50
High
103.00
About USPH
U.S. Physical Therapy, Inc. is an operator of outpatient physical therapy clinics and provider of industrial injury prevention services. It owns and/or manages 774 outpatient physical therapy clinics in 44 states. It operates through the Physical Therapy Operations and Industrial Injury Prevention Services segments. The Physical Therapy Operations segment consists of physical therapy and occupational therapy clinics that provide pre and post operative care and treatment for orthopedic related disorders, sports-related injuries, preventive care, rehabilitation of injured workers and neurological injuries. The Industrial Injury Prevention Services segment includes onsite services for clients’ employees, including injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments. The majority of these services are contracted with and paid for directly by employers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
U.S. Physical Therapy Reports Strong 2025 Financial Results
- Significant Revenue Growth: U.S. Physical Therapy reported net revenue of $781 million for 2025, a 16.3% increase from 2024, indicating strong performance in the physical therapy market that is expected to enhance market share and profitability.
- Adjusted EBITDA Improvement: The company achieved an adjusted EBITDA of $95 million in 2025, up 13.2% from 2024, reflecting enhanced operational efficiency and cost control, which will support future investments and expansion.
- Increase in Patient Visits: In Q4 2025, patient visits reached 1.593 million, an 11.2% increase year-over-year, demonstrating effective responses to customer service and market demand, further solidifying its position in the industry.
- Strategic Acquisitions and Partnerships: The company made several acquisitions and established long-term partnerships with hospital systems in early 2026, expected to contribute at least $700,000 to future revenue and EBITDA, showcasing its proactive strategy in expanding business and enhancing service capabilities.
See More
U.S. Physical Therapy Announces Q4 and Year-End Financial Results Date
- Earnings Release Schedule: U.S. Physical Therapy will report its financial results for Q4 and the year ended December 31, 2025, on February 25, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The conference call is scheduled for February 26, 2026, at 10:30 AM Eastern, which is expected to attract significant attention from investors and analysts, thereby enhancing market confidence.
- Company Overview: Founded in 1990, U.S. Physical Therapy owns and manages 780 outpatient physical therapy clinics across 44 states, indicating its leadership position and extensive market coverage in the industry.
- Service Range: The company offers a variety of services including preventative and post-operative care, treatment for sports-related injuries, and industrial injury prevention, showcasing its diversification and specialization in health management.
See More
U.S. Physical Therapy Announces Q4 and Year-End Financial Results Date
- Earnings Release Schedule: U.S. Physical Therapy will report its fourth quarter and full-year financial results for 2025 on February 25, 2026, after market close, followed by a conference call on February 26, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The conference call is scheduled for February 26, 2026, at 10:30 AM Eastern Time, requiring participants to dial in 15 minutes early and provide the Conference ID, ensuring smooth and efficient information dissemination.
- Company Background: Founded in 1990, U.S. Physical Therapy owns and manages 780 outpatient physical therapy clinics across 44 states, showcasing its extensive influence and market position within the industry.
- Diverse Service Offerings: The company provides not only treatment for orthopedic and sports-related injuries but also industrial injury prevention services, reflecting its strategic positioning in a diversified service landscape aimed at meeting varied client needs.
See More
Small Caps Shine Amid Market Turmoil, Dividend Appeal Grows
- Small Cap Resilience: Despite a 0.5% decline in the S&P 500 in 2026, the Russell 2000 index has risen by 4%, demonstrating the resilience of small caps amid economic fluctuations, which attracts income-seeking investors.
- Spectrum Brands Beats Expectations: Spectrum Brands' shares have surged 27% in 2026, with a current dividend yield of 2.5%, and the company reported first-quarter results that exceeded market expectations, indicating stable profitability and a full-year revenue growth forecast of flat to low single digits.
- Concentra Group's Strong Performance: Concentra Group's stock has increased nearly 20% in 2026, with a dividend yield of about 1.1%, and preliminary fourth-quarter figures show adjusted earnings of 28 cents per share, surpassing expectations, highlighting its robust performance in occupational health services.
- Acquisition Strategy Resurgence: Concentra has refocused on its acquisition strategy, recently acquiring assets from Reliant Immediate Care in California, which illustrates its proactive positioning in industry consolidation and is expected to enhance its market competitiveness.
See More
U.S. Physical Therapy Acquires Industrial Injury Prevention Business for $15.1 Million
- Acquisition Overview: U.S. Physical Therapy has acquired an industrial injury prevention business for approximately $15.1 million, which generates about $7.0 million in annual revenue, thereby enhancing the company's service capabilities.
- Equity Structure: In this acquisition, U.S. Physical Therapy secured a 70% stake in the business, with the remaining 30% retained by the current owner, a structure that helps maintain ongoing operations and expertise.
- Service Expansion: This acquisition allows U.S. Physical Therapy to further expand its industrial injury prevention services, strengthening its market competitiveness and meeting the growing demands of clients in this sector.
- Market Reaction: Following the acquisition announcement, U.S. Physical Therapy's stock price dipped slightly by 0.35% in after-hours trading to $83.68, reflecting a cautious market sentiment regarding the transaction.
See More
U.S. Physical Therapy Acquires Industrial Injury Prevention Business
- Acquisition Overview: U.S. Physical Therapy acquired an industrial injury prevention business for approximately $15.1 million, which generates about $7.0 million in annual revenue, securing a 70% stake while the current owner retains 30%, thereby enhancing its market position in industrial injury prevention.
- Strategic Business Expansion: This acquisition allows U.S. Physical Therapy to expand its industrial injury prevention service lines; COO Eric Williams noted that the management team aligns well with the company's culture, and they anticipate exploring cross-selling opportunities with existing partners to enhance overall service capabilities.
- Market Coverage Enhancement: U.S. Physical Therapy operates 780 outpatient clinics across 44 states, providing various preventative and post-operative care services, and this acquisition will further solidify its market coverage in industrial injury prevention, addressing client needs for onsite services.
- Industry Outlook: With increasing demand for industrial injury prevention services, this acquisition is expected to drive revenue growth and enhance the company's competitiveness, positioning it favorably in a rapidly evolving market.
See More
U.S. Physical Therapy Reports Strong 2025 Financial Results
- Significant Revenue Growth: U.S. Physical Therapy reported net revenue of $781 million for 2025, a 16.3% increase from 2024, indicating strong performance in the physical therapy market that is expected to enhance market share and profitability.
- Adjusted EBITDA Improvement: The company achieved an adjusted EBITDA of $95 million in 2025, up 13.2% from 2024, reflecting enhanced operational efficiency and cost control, which will support future investments and expansion.
- Increase in Patient Visits: In Q4 2025, patient visits reached 1.593 million, an 11.2% increase year-over-year, demonstrating effective responses to customer service and market demand, further solidifying its position in the industry.
- Strategic Acquisitions and Partnerships: The company made several acquisitions and established long-term partnerships with hospital systems in early 2026, expected to contribute at least $700,000 to future revenue and EBITDA, showcasing its proactive strategy in expanding business and enhancing service capabilities.
See More
U.S. Physical Therapy Announces Q4 and Year-End Financial Results Date
- Earnings Release Schedule: U.S. Physical Therapy will report its financial results for Q4 and the year ended December 31, 2025, on February 25, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The conference call is scheduled for February 26, 2026, at 10:30 AM Eastern, which is expected to attract significant attention from investors and analysts, thereby enhancing market confidence.
- Company Overview: Founded in 1990, U.S. Physical Therapy owns and manages 780 outpatient physical therapy clinics across 44 states, indicating its leadership position and extensive market coverage in the industry.
- Service Range: The company offers a variety of services including preventative and post-operative care, treatment for sports-related injuries, and industrial injury prevention, showcasing its diversification and specialization in health management.
See More
U.S. Physical Therapy Announces Q4 and Year-End Financial Results Date
- Earnings Release Schedule: U.S. Physical Therapy will report its fourth quarter and full-year financial results for 2025 on February 25, 2026, after market close, followed by a conference call on February 26, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Details: The conference call is scheduled for February 26, 2026, at 10:30 AM Eastern Time, requiring participants to dial in 15 minutes early and provide the Conference ID, ensuring smooth and efficient information dissemination.
- Company Background: Founded in 1990, U.S. Physical Therapy owns and manages 780 outpatient physical therapy clinics across 44 states, showcasing its extensive influence and market position within the industry.
- Diverse Service Offerings: The company provides not only treatment for orthopedic and sports-related injuries but also industrial injury prevention services, reflecting its strategic positioning in a diversified service landscape aimed at meeting varied client needs.
See More
Small Caps Shine Amid Market Turmoil, Dividend Appeal Grows
- Small Cap Resilience: Despite a 0.5% decline in the S&P 500 in 2026, the Russell 2000 index has risen by 4%, demonstrating the resilience of small caps amid economic fluctuations, which attracts income-seeking investors.
- Spectrum Brands Beats Expectations: Spectrum Brands' shares have surged 27% in 2026, with a current dividend yield of 2.5%, and the company reported first-quarter results that exceeded market expectations, indicating stable profitability and a full-year revenue growth forecast of flat to low single digits.
- Concentra Group's Strong Performance: Concentra Group's stock has increased nearly 20% in 2026, with a dividend yield of about 1.1%, and preliminary fourth-quarter figures show adjusted earnings of 28 cents per share, surpassing expectations, highlighting its robust performance in occupational health services.
- Acquisition Strategy Resurgence: Concentra has refocused on its acquisition strategy, recently acquiring assets from Reliant Immediate Care in California, which illustrates its proactive positioning in industry consolidation and is expected to enhance its market competitiveness.
See More
U.S. Physical Therapy Acquires Industrial Injury Prevention Business for $15.1 Million
- Acquisition Overview: U.S. Physical Therapy has acquired an industrial injury prevention business for approximately $15.1 million, which generates about $7.0 million in annual revenue, thereby enhancing the company's service capabilities.
- Equity Structure: In this acquisition, U.S. Physical Therapy secured a 70% stake in the business, with the remaining 30% retained by the current owner, a structure that helps maintain ongoing operations and expertise.
- Service Expansion: This acquisition allows U.S. Physical Therapy to further expand its industrial injury prevention services, strengthening its market competitiveness and meeting the growing demands of clients in this sector.
- Market Reaction: Following the acquisition announcement, U.S. Physical Therapy's stock price dipped slightly by 0.35% in after-hours trading to $83.68, reflecting a cautious market sentiment regarding the transaction.
See More
U.S. Physical Therapy Acquires Industrial Injury Prevention Business
- Acquisition Overview: U.S. Physical Therapy acquired an industrial injury prevention business for approximately $15.1 million, which generates about $7.0 million in annual revenue, securing a 70% stake while the current owner retains 30%, thereby enhancing its market position in industrial injury prevention.
- Strategic Business Expansion: This acquisition allows U.S. Physical Therapy to expand its industrial injury prevention service lines; COO Eric Williams noted that the management team aligns well with the company's culture, and they anticipate exploring cross-selling opportunities with existing partners to enhance overall service capabilities.
- Market Coverage Enhancement: U.S. Physical Therapy operates 780 outpatient clinics across 44 states, providing various preventative and post-operative care services, and this acquisition will further solidify its market coverage in industrial injury prevention, addressing client needs for onsite services.
- Industry Outlook: With increasing demand for industrial injury prevention services, this acquisition is expected to drive revenue growth and enhance the company's competitiveness, positioning it favorably in a rapidly evolving market.
See More
