U.S. Physical Therapy

U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics, which 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 operates through the following segments: physical therapy operations and industrial injury prevention services. The physical therapy operations segment consist of physical therapy and occupational therapy clinics that provide pre-and postoperative care and treatment for orthopedic related disorders, sports-related injuries, preventive care, rehabilitation of injured workers and neurological injuries. The injury prevention services segment includes onsite injury prevention and rehabilitation, performance optimization and ergonomic assessments. U.S. The company was founded in 1990 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

U.S. Physical Therapy reports strong 2022 performance amidst industry challenges

U.S. Physical Therapy's strong performance in 2022 was marked by revenue growth, acquisitions, and improved operational efficiency, despite facing industry-specific challenges and headwinds.
The company's proactive approach to renegotiating contracts, implementing automation tools, and lobbying efforts positions it well to navigate potential risks and capitalize on growth opportunities.
While challenges like Medicare rate changes and economic uncertainties persist, the company's focus on strategic acquisitions, operational enhancements, and revenue optimization bode well for future performance.
With a cautious economic outlook, U.S. Physical Therapy remains resilient, leveraging its strengths in financial stability, operational efficiency, and proactive risk management to drive sustainable growth.

US Physical Therapy excels in Q1 2023, navigates challenges strategically

U.S. Physical Therapy (USPH) delivered strong Q1 2023 results, showcasing revenue growth, operational improvements, and strategic initiatives to enhance profitability.
While facing challenges from Medicare cuts and contract terminations, USPH's strengths in acquisitions, balance sheet, and operational efficiency position it well for future growth.
Opportunities in rate renegotiations, strategic realignment, and a customer-centric approach offer avenues for USPH to drive profitability and maintain competitive advantage.

U.S. Physical Therapy reports robust Q2 performance and growth strategies

USPH demonstrated strong performance in Q2 2023, with record patient demand and operational efficiency.
While facing challenges like staffing issues and contract delays, the company remains optimistic about future growth.
Renegotiating contracts and focusing on revenue enhancement are key strategies for driving profitability.
Overall, USPH's financial health and strategic initiatives position it well for sustained growth and success.

U.S. Physical Therapy reports robust Q3 growth and eyes acquisitions

Despite challenges in staffing and Medicare rate reductions, U.S. Physical Therapy's strong performance and strategic initiatives position it for growth. The company's focus on acquisitions, contract improvements, and service enhancements bode well for future success.

US Physical Therapy reports record growth and strategic acquisitions plan

USPH's Q4 2023 showcased strong revenue growth, margin improvement, and successful therapist recruitment despite challenges.
Strategic initiatives like payer contract renegotiation, group purchasing rollout, and focus on acquisitions position USPH for future growth.
Challenges include industry frustrations, CMS cuts, and the need to enhance workers' comp revenue trajectory.
Opportunities lie in same-store volume growth, increased focus on workers' comp, and M&A activities in the PT space.

U.S. Physical Therapy (USPH) exceeds Q1 expectations, eyes strategic growth

U.S. Physical Therapy (USPH) delivered a robust performance in Q1 2024, overcoming initial challenges to achieve revenue and profit growth.
With an upwardly revised EBITDA guidance, successful acquisitions, and a focus on strategic expansion, USPH is poised for continued success.
While facing challenges from Medicare rate reductions and adverse weather, USPH remains well-positioned with a strong financial foundation.
Optimism surrounds USPH's outlook, driven by organic growth strategies, potential M&A opportunities, and ongoing revenue enhancement efforts.

U.S. Physical Therapy reports strong Q2 performance amidst labor challenges

U.S. Physical Therapy's Q2 2024 performance showcased robust operational metrics and revenue growth, despite facing labor cost pressures. The company's strategic initiatives to address challenges and capitalize on opportunities position it for sustained success in the evolving healthcare landscape.

U.S. Physical Therapy reports robust Q3 performance and strategic realignment

USPH's Q3 2024 performance showcased revenue growth, operational improvements, and strategic realignment towards high-return markets.
While facing challenges with rising costs per visit, the company's focus on cost adjustments and growth opportunities positions it well for future success.
With a strong financial performance and strategic initiatives in place, USPH is poised for continued growth and profitability in the coming quarters.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics, which provide 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 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 postoperative 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 injury prevention and rehabilitation, performance optimization and ergonomic assessments. The company was founded in 1990 and is headquartered in Houston, TX.

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (the “Company”), today announced that Chris Reading, the Company's Chief Executive Officer, will present at the 2023 Midwest IDEAS Investor Conference on Wednesday, August 23, 2023. The presentation will cover an overview of the Company. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. o.

U.S. Physical Therapy to Present at the 2023 Midwest IDEAS Investor Conference

US Physical Therapy, Inc. (NYSE:USPH ) Q2 2023 Earnings Conference Call August 9, 2023 10:30 AM ET Company Participants Christopher Reading - President, CEO & Director Jake Martinez - SVP, Finance & Accounting Carey Hendrickson - CFO Eric Williams - COO, East Conference Call Participants Brian Tanquilut - Jefferies Joanna Gajuk - Bank of America Merrill Lynch Lawrence Solow - CJS Securities Madeline Mollman - William Blair & Company Operator Good day, and thank you for standing by. Welcome to the U.S. Physical Therapy Second Quarter 2023 Earnings Conference Call.

US Physical Therapy, Inc. (USPH) Q2 2023 Earnings Call Transcript

U.S. Physical Therapy (USPH) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.90 per share a year ago.

U.S. Physical Therapy (USPH) Beats Q2 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today reported results for the three and six months ended June 30, 2023. SECOND QUARTER FINANCIAL HIGHLIGHTS Adjusted EBITDA, a non-Generally Accepted Accounting Principles (“GAAP”) measure, was $21.7 million for the three months ended June 30, 2023 (“2023 Second Quarter”), an increase of $.

U.S. Physical Therapy Reports Second Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced an acquisition of a physical therapy practice with five clinics. USPH acquired a 70% equity interest in the practice for a purchase price of $2.1 million, with the current practice owners retaining a 30% equity interest. The business currently generates approximately $2.4 mi.

U.S. Physical Therapy Announces Acquisition of a Five-Clinic Physical Therapy Practice

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the three and six months ended June 30, 2023 on Tuesday, August 8, 2023, after the stock market closes, with the conference call to follow the next morning, on Wednesday, August 9, 2023. Conference Call Date: Wednesday, August 9, 2023 Time: 10:30 am Eastern/9:3.

U.S. Physical Therapy, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call Dates

Option Care Health

Investors looking for stocks in the Medical - Outpatient and Home Healthcare sector might want to consider either Option Care (OPCH) or U.S. Physical Therapy (USPH). But which of these two stocks offers value investors a better bang for their buck right now?

OPCH or USPH: Which Is the Better Value Stock Right Now?

U.S. Physical Therapy has shown significant potential for capital appreciation, based on asset factors and earnings power. Its latest numbers showed record high clinics combined with attractive profitability numbers. Following a revision to estimates, USPH presents with a potential equity value of $176 to $203 per share.

U.S. Physical Therapy: Bolt-On Strategy Scaling Earnings Power (Rating Upgrade)

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (the “Company”), today announced that Carey Hendrickson, the Company's Chief Financial Officer, will present at the CJS Securities 23rd Annual New Ideas Summer Conference on Tuesday, July 11, 2023. The presentation will cover an overview of the Company. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical.

U.S. Physical Therapy to Present at the CJS Securities 23rd Annual New Ideas Summer Conference

U.S. Physical Therapy (USPH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

U.S. Physical Therapy (USPH) Surges 3.7%: Is This an Indication of Further Gains?

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced an acquisition of a physical therapy practice with four clinics. USPH and its local partners together acquired a 75% equity interest in the practice for a purchase price of $3.1 million, with the current practice owners retaining a 25% equity interest. The business currently.

U.S. Physical Therapy Announces Acquisition of a Four-Clinic Physical Therapy Practice

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (the “Company”), today announced that Chris Reading, the Company's Chief Executive Officer, will present at the Jefferies Healthcare Conference 2023 on Wednesday, June 7, 2023. The presentation will cover an overview of the Company. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. operat.

U.S. Physical Therapy to Present at the Jefferies Healthcare Conference 2023

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH) (“U.S. Physical Therapy” or the “Company”) today announced that it has priced an underwritten public offering of 1,666,667 shares of common stock at a price to the public of $90.00 per share of common stock. The underwriters have an option for 30 days to purchase up to an additional 250,000 shares of common stock from the Company. The offering is expected to close on May 30, 2023, subject to customary closing conditions. The gro.

U.S. Physical Therapy Announces Pricing of $150 Million Underwritten Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH) (“U.S. Physical Therapy” or the “Company”) today announced that it has commenced an underwritten public offering of $150,000,000 of shares of common stock. The Company has granted the underwriters an option to purchase up to an additional $22,500,000 of shares of common stock from the Company. U.S. Physical Therapy intends to use the net proceeds of this offering for repayment of a portion of its indebtedness outstanding under i.

U.S. Physical Therapy Announces $150 Million Underwritten Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced today that Ms. Nancy Ham was elected to serve on the Company's Board of Directors (“Board”) during the Company's Annual Shareholders' Meeting held on May 16, 2023, with her service effective on the same date. Ms. Ham is the former Chief Executive Officer and Director of WebPT, a n.

U.S. Physical Therapy Elects Nancy Ham to the Board of Directors

U.S. Physical Therapy, Inc. (NYSE:USPH ) Q1 2023 Earnings Conference Call May 4, 2023 10:30 AM ET Company Participants Chris Reading - President and Chief Executive Officer Jake Martinez - Senior Vice President, Finance and Controller Carey Hendrickson - Chief Financial Officer Graham Reeve - Chief Operating Officer Conference Call Participants Larry Solow - CJS Brian Tanquilut - Jefferies Madeline Mollman - William Blair Mike Petusky - Barrington Research Operator Good day, and thank you for standing by. Welcome to the U.S. Physical Therapy First Quarter 2023 Earnings Conference Call.

U.S. Physical Therapy, Inc. (USPH) Q1 2023 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (the “Company”), today announced that Carey Hendrickson, Chief Financial Officer, will participate in the 2023 Bank of America Healthcare Conference on Tuesday, May 9, 2023. The presentation will cover an overview of the Company. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. operates.

U.S. Physical Therapy to Present at the 2023 Bank of America Healthcare Conference

U.S. Physical Therapy (USPH) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.65 per share a year ago.

U.S. Physical Therapy (USPH) Surpasses Q1 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention (“IIP”) services, today reported results for the three months ended March 31, 2023 (“2023 First Quarter”). FIRST QUARTER RESULTS SUMMARY Adjusted EBITDA, a non-Generally Accepted Accounting Principles (“GAAP”) measure, increased $1.0 million to $18.5 million for the 2023 First Quarter, an all-time hi.

U.S. Physical Therapy Reports First Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, announced that it will report its financial results for the first quarter ended March 31, 2023 on Wednesday, May 3, 2023, after the stock market closes, with the conference call to follow the next morning, on Thursday, May 4, 2023.

U.S. Physical Therapy, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (the "Company"), today announced that Carey Hendrickson, Chief Financial Officer, and Eric Williams, Chief Operating Officer, will participate in Oppenheimer 33rd Annual Healthcare Virtual Conference on Monday, March 13, 2023. The presentation will cover an overview of the Company.

U.S. Physical Therapy to Present at the Oppenheimer 33rd Annual Healthcare Virtual Conference

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced an acquisition of a physical therapy practice with one large clinic. USPH acquired 80% of the equity interests of the physical therapy practice with the practice's founder and owners retaining 20%. The purchase price for the 80% equity interest was approximately $6.

U.S. Physical Therapy Announces Acquisition Of Physical Therapy Practice

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. ("USPH" or the “Company”) (NYSE: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention (“IIP”) services, today reported final results for the three months and year ended December 31, 2022 (“2022 Fourth Quarter” and “2022 Year”, respectively).

U.S. Physical Therapy Reports Fourth Quarter and Full Year 2022 Results

U.S. Physical Therapy, Inc. (NYSE:USPH ) Q4 2022 Earnings Conference Call February 23, 2023 10:30 AM ET Company Participants Christopher Reading - President and CEO Jake Martinez - SVP and Controller Carey Hendrickson - CFO Eric Williams - Co-COO Graham Reeve - Co-COO Rick Binstein - EVP and General Counsel Conference Call Participants Brian Tanquilut - Jefferies Larry Solow - CJS Securities Matt Larew - William Blair Mike Petusky - Barrington Research Operator Good day and thank you for standing by. Welcome to the U.S. Physical Therapy Fourth Quarter 2022 and Year End Earnings Conference Call.

U.S. Physical Therapy, Inc. (USPH) Q4 2022 Earnings Call Transcript

U.S. Physical Therapy (USPH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

News for U.S. Physical Therapy Stock (USPH)