U.S Physical Therapy Gross Margin 2012-2026 | USPH

Current and historical gross margin for U.S Physical Therapy (USPH) over the last 10 years. The current gross profit margin for U.S Physical Therapy as of March 31, 2026 is %.
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U.S Physical Therapy Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2026-03-31 $0.80B $0.15B 19.12%
2025-12-31 $0.78B $0.15B 19.21%
2025-09-30 $0.76B $0.14B 18.87%
2025-06-30 $0.73B $0.14B 18.52%
2025-03-31 $0.70B $0.13B 18.17%
2024-12-31 $0.67B $0.12B 18.48%
2024-09-30 $0.65B $0.12B 18.89%
2024-06-30 $0.63B $0.12B 19.27%
2024-03-31 $0.61B $0.12B 19.44%
2023-12-31 $0.61B $0.12B 20.17%
2023-09-30 $0.59B $0.12B 20.14%
2023-06-30 $0.58B $0.12B 20.31%
2023-03-31 $0.57B $0.12B 20.49%
2022-12-31 $0.55B $0.11B 20.40%
2022-09-30 $0.54B $0.11B 20.63%
2022-06-30 $0.53B $0.12B 21.74%
2022-03-31 $0.52B $0.12B 22.91%
2021-12-31 $0.50B $0.12B 23.64%
2021-09-30 $0.48B $0.12B 24.69%
2021-06-30 $0.47B $0.12B 25.59%
2021-03-31 $0.42B $0.10B 24.64%
2020-12-31 $0.42B $0.09B 22.22%
2020-09-30 $0.43B $0.09B 21.50%
2020-06-30 $0.44B $0.09B 20.41%
2020-03-31 $0.48B $0.10B 21.13%
2019-12-31 $0.48B $0.11B 23.28%
2019-09-30 $0.48B $0.11B 23.11%
2019-06-30 $0.47B $0.11B 23.09%
2019-03-31 $0.46B $0.11B 22.78%
2018-12-31 $0.45B $0.10B 22.30%
2018-09-30 $0.45B $0.10B 22.47%
2018-06-30 $0.44B $0.10B 21.84%
2018-03-31 $0.42B $0.09B 21.93%
2017-12-31 $0.41B $0.09B 21.98%
2017-09-30 $0.40B $0.09B 21.72%
2017-06-30 $0.38B $0.09B 22.31%
2017-03-31 $0.37B $0.08B 22.62%
2016-12-31 $0.36B $0.08B 23.03%
2016-09-30 $0.35B $0.09B 24.15%
2016-06-30 $0.35B $0.08B 24.14%
2016-03-31 $0.34B $0.08B 24.05%
2015-12-31 $0.33B $0.08B 23.87%
2015-09-30 $0.32B $0.08B 23.53%
2015-06-30 $0.32B $0.08B 23.97%
2015-03-31 $0.31B $0.08B 24.68%
2014-12-31 $0.31B $0.08B 25.25%
2014-09-30 $0.30B $0.07B 25.08%
2014-06-30 $0.28B $0.07B 25.09%
2014-03-31 $0.27B $0.07B 24.63%
2013-12-31 $0.27B $0.07B 24.53%
2013-09-30 $0.26B $0.06B 24.51%
2013-06-30 $0.25B $0.06B 24.51%
2013-03-31 $0.25B $0.06B 24.40%
2012-12-31 $0.25B $0.06B 24.80%
2012-09-30 $0.24B $0.06B 23.77%
2012-06-30 $0.24B $0.06B 23.55%
2012-03-31 $0.24B $0.06B 23.95%
2011-12-31 $0.23B $0.06B 24.14%
2011-09-30 $0.23B $0.06B 26.09%
2011-06-30 $0.22B $0.06B 27.35%
2011-03-31 $0.22B $0.06B 27.65%
2010-12-31 $0.21B $0.06B 27.14%
2010-09-30 $0.21B $0.06B 27.05%
2010-06-30 $0.21B $0.05B 26.34%
2010-03-31 $0.20B $0.05B 25.62%
2009-12-31 $0.20B $0.05B 25.87%
2009-09-30 $0.20B $0.05B 25.13%
2009-06-30 $0.20B $0.05B 24.62%
2009-03-31 $0.19B $0.05B 24.21%
2008-12-31 $0.19B $0.05B 24.06%
2008-09-30 $0.18B $0.04B 24.04%
2008-06-30 $0.17B $0.04B 24.28%
2008-03-31 $0.16B $0.04B 24.22%
2007-12-31 $0.15B $0.04B 24.50%
2007-09-30 $0.14B $0.04B 25.53%
2007-06-30 $0.14B $0.04B 25.55%
2007-03-31 $0.14B $0.04B 26.28%
2006-12-31 $0.14B $0.04B 26.47%
2006-09-30 $0.13B $0.04B 27.48%
2006-06-30 $0.13B $0.04B 28.24%
2006-03-31 $0.13B $0.04B 28.46%
2005-12-31 $0.13B $0.04B 28.35%
2005-09-30 $0.12B $0.04B 29.75%
2005-06-30 $0.12B $0.03B 28.81%
2005-03-31 $0.12B $0.03B 29.57%
2004-12-31 $0.11B $0.03B 29.46%
2004-09-30 $0.12B $0.03B 26.72%
2004-06-30 $0.11B $0.03B 28.32%
2004-03-31 $0.11B $0.03B 27.52%
2003-12-31 $0.11B $0.03B 28.30%
2003-09-30 $0.10B $0.03B 28.85%
2003-06-30 $0.10B $0.03B 29.70%
2003-03-31 $0.10B $0.03B 30.61%
2002-12-31 $0.10B $0.03B 31.58%
2002-09-30 $0.09B $0.03B 32.61%
2002-06-30 $0.09B $0.03B 32.58%
2002-03-31 $0.09B $0.03B 32.94%
2001-12-31 $0.08B $0.03B 32.93%
2001-09-30 $0.08B $-0.01B -9.21%
2001-06-30 $0.07B $-0.01B -12.68%
2001-03-31 $0.07B $-0.01B -16.42%
2000-12-31 $0.06B $-0.01B -20.63%
2000-09-30 $0.06B $-0.01B -13.33%
2000-06-30 $0.06B $0.00B 0.00%
2000-03-31 $0.05B $0.01B 14.81%
1999-12-31 $0.05B $0.02B 31.37%
1999-09-30 $0.05B $0.05B 100.00%
1999-06-30 $0.05B $0.05B 100.00%
1999-03-31 $0.05B $0.05B 100.00%
1998-12-31 $0.04B $0.04B 100.00%
1998-09-30 $0.04B $0.04B 100.00%
1998-06-30 $0.04B $0.03B 78.57%
1998-03-31 $0.04B $0.02B 56.10%
1997-12-31 $0.04B $0.01B 33.33%
1997-09-30 $0.04B $0.00B 10.53%
1997-06-30 $0.04B $0.00B 11.11%
1997-03-31 $0.03B $0.00B 11.76%
1996-12-31 $0.03B $0.00B 12.12%
1996-09-30 $0.03B $0.01B 32.26%
1996-06-30 $0.03B $0.02B 51.72%
1996-03-31 $0.03B $0.02B 59.26%
1995-12-31 $0.03B $0.02B 64.00%
1995-09-30 $0.02B $0.01B 43.48%
1995-06-30 $0.02B $0.01B 22.73%
1995-03-31 $0.02B $0.00B 20.00%
1994-12-31 $0.02B $0.00B 22.22%
1994-09-30 $0.02B $0.00B 25.00%
1994-06-30 $0.01B $0.00B 23.08%
1994-03-31 $0.01B $0.00B 18.18%
1993-12-31 $0.01B $0.00B 12.50%
1993-09-30 $0.01B $0.00B 16.67%
1993-06-30 $0.01B $0.00B 20.00%
1993-03-31 $0.00B $0.00B 33.33%
1992-12-31 $0.00B $0.00B 50.00%
Sector Industry Market Cap Revenue
Medical Medical - Outpatient & Home Care $1.157B $0.781B
U.S. Physical Therapy, Inc. is the largest publicly-traded, pure-play operator of outpatient physical and occupational therapy clinics. The clinics provide pre- and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, rehabilitation of injured workers and preventative care. USPh also manages several physical therapy facilities for third parties, including physician groups. Each of USPh's clinics are directed by a licensed physical therapist that drive patient volume via local physicians, former patients and other referral sources. Marketing representatives are used to further augment sales. Historically, USPh has grown its business through de novo development; approximately two-thirds of USPh clinics were originally start-ups. Strategic acquisitions, which accelerate the Company's growth, are structured like the de novo partnerships, with significant ownership retained by founders.
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