U.S. Physical Therapy, Inc. Income Statement
USPH / Health Care|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
U.S. Physical Therapy, Inc. reported $781M in revenue and $40M in net income for FY2025. Revenue has grown at a 9.1% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $781.0M | $671.3M | $604.8M | $423.0M | $482.0M | $453.9M | $482.0M | $356.5M | $331.3M | $305.1M | $331.3M | $305.1M | $231.5M | $211.2M | $231.5M |
| Gross Profit | $149.7M | $123.9M | $121.5M | $94.5M | $112.5M | $101.7M | $112.5M | $82.0M | $78.4M | $76.2M | $78.4M | $76.2M | $55.9M | $56.0M | $55.9M |
| SG&A Expense | $69.3M | $58.3M | $52.0M | $42.0M | $45.0M | $41.3M | $45.0M | $32.5M | $31.1M | $30.4M | $31.1M | $30.4M | - | - | - |
| Operating Income | $86.7M | $63.0M | $50.5M | $52.4M | $67.4M | $60.3M | $67.4M | $49.5M | $47.3M | $45.8M | $47.3M | $45.8M | $31.4M | $33.2M | $31.4M |
| Interest Expense | - | - | - | - | - | - | $2.1M | $11.5M | $7.2M | $7.5M | $7.2M | $7.5M | $496.0K | $236.0K | $496.0K |
| Income Tax | $19.8M | $14.6M | $12.2M | $13.0M | $13.6M | $11.4M | $13.6M | $11.9M | $13.6M | $13.0M | $13.6M | $13.0M | $9.7M | $8.8M | $9.7M |
| Net Income | $39.6M | $31.4M | $28.2M | $35.2M | $40.0M | $34.9M | $40.0M | $20.6M | $20.6M | $19.1M | $20.6M | $19.1M | $21.0M | $15.6M | $21.0M |
| EPS (Basic) | $1.28 | $2.25 | $2.41 | $2.48 | $2.45 | - | - | - | - | - | $1.05 | $1.52 | $1.78 | $1.34 | $1.01 |
| EPS (Diluted) | $1.28 | $2.25 | $2.41 | $2.48 | $2.45 | $1.31 | $1.76 | $1.64 | $1.66 | $1.57 | $1.05 | $1.51 | $1.75 | $1.32 | $1.00 |
| Shares Outstanding | 14.2M | 13.0M | 12.9M | 12.8M | 12.8M | 12.7M | 12.6M | 12.6M | 12.4M | 12.3M | 12.1M | 11.9M | 12.0M | 11.9M | 11.8M |
| Gross Margin | 19.2% | 18.5% | 20.1% | 22.3% | 23.3% | 22.4% | 23.3% | 23.0% | 23.6% | 25.0% | 23.6% | 25.0% | 24.1% | 26.5% | 24.1% |
| Operating Margin | 11.1% | 9.4% | 8.3% | 12.4% | 14.0% | 13.3% | 14.0% | 13.9% | 14.3% | 15.0% | 14.3% | 15.0% | 13.6% | 15.7% | 13.6% |
| Profit Margin | 5.1% | 4.7% | 4.7% | 8.3% | 8.3% | 7.7% | 8.3% | 5.8% | 6.2% | 6.3% | 6.2% | 6.3% | 9.1% | 7.4% | 9.1% |