U.S. Physical Therapy, Inc. (USPH)

In the past six months, USPH's stock was impacted by several events. The Q1 2026 earnings report revealed a GAAP loss per share, missing expectations due to weather disruptions. A new $450 million credit facility was announced to fund acquisitions. An investor sold 110,000 shares of USPH stock. Strategic hospital alliances were formed with NYU Langone Health, integrating 60 clinics into their network, and another alliance involved 10 additional clinics. The Q4 2025 earnings report beat revenue expectations while matching EPS forecasts. As of May 1, 2026, USPH stock had fallen by -17.22% compared to the previous week, -22.67% over the last month, and -14.51% over the last year.

Demand for U.S. Physical Therapy's services exhibits seasonality. The first quarter can be impacted by weather disruptions, leading to a loss of patient visits, and seasonal patterns can pressure first-quarter margins. Demand from youth and young-adult athletes shows seasonality around fall and spring sports. Medicare patients tend to pay more slowly at the beginning of the year as they sort out deductibles.

U.S. Physical Therapy, Inc. (USPH) operates in the healthcare services sector, focusing on outpatient rehabilitation. The company provides preventative and post-operative care for orthopedic disorders, sports injuries, and worker rehabilitation, and also manages physical therapy facilities for third parties. Additionally, USPH has an industrial injury prevention segment offering onsite services to companies.

As of November 30, 2025, U.S. Physical Therapy, Inc. operates over 779 clinics across 44 states through its majority-owned subsidiaries and manages 38 physical therapy facilities for unaffiliated third parties, such as hospitals and physician groups.

U.S. Physical Therapy benefits from an established brand and strong brand recognition, which helps in attracting and retaining patients. The company actively works to enhance its brand awareness among Doctor of Physical Therapy (DPT) program administrators and student bodies to strengthen its talent pipeline. No specific negative events significantly impacted U.S. Physical Therapy's brand reputation in the past year were identified.

U.S. Physical Therapy, Inc. has significant institutional ownership, with 227 institutional owners and shareholders holding 15,127,409 shares. Major institutional owners include BlackRock, Inc., Kayne Anderson Rudnick Investment Management LLC, and Vanguard Group Inc. The largest individual shareholder is J. Livingston Kosberg, owning 2.46% of the company.