U.S. Physical Therapy: The Valuation Reset Changes The Story (Rating Upgrade)

U.S. Physical Therapy, Inc. has seen valuation multiples compress significantly despite continued revenue growth and new strategic initiatives. U.S. Physical Therapy reported Q1 2026 revenue of $198.3M (+7.9% YoY) but missed EPS expectations due to higher costs from acquisitions and clinic startups. Management is pursuing hospital partnerships and shifting toward private insurance, aiming to boost clinic utilization and reduce reliance on Medicare/Medicaid.

Seeking Alpha • May 22, 2026

U.S. Physical Therapy Presented at the BofA Securities 2026 Healthcare Conference

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Chris Reading, Chairman and Chief Executive Officer, presented at the BofA Securities 2026 Healthcare Conference held on May 13, 2026. The presentation included a discussion of the overall operating environment in healthcare, the Company's key initiatives and a broad.

Business Wire • May 14, 2026

U.S. Physical Therapy, Inc. (USPH) Q1 2026 Earnings Call Transcript

U.S. Physical Therapy, Inc. (USPH) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 8, 2026

U.S. Physical Therapy Reports Record First Quarter Revenue, Reaffirms Full Year Guidance

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services (“IIP”), today reported results for the first quarter ended March 31, 2026 (“Q1 2026”). Total net revenue of $198.3 million for Q1 2026, a 7.9% increase over the first quarter ended March 31, 2025 (“Q1 2025”). Net income attributable to USPH shareholders of $5.0 million for Q1 20.

Business Wire • May 6, 2026

Here's What Key Metrics Tell Us About U.S. Physical Therapy (USPH) Q1 Earnings

While the top- and bottom-line numbers for U.S. Physical Therapy (USPH) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Investment Research • May 7, 2026

U.S. Physical Therapy (USPH) Q1 Earnings and Revenues Lag Estimates

U.S. Physical Therapy (USPH) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.48 per share a year ago.

Zacks Investment Research • May 7, 2026

U.S. Physical Therapy, Inc. Schedules First Quarter 2026 Earnings Release and Conference Call Dates

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: 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, 2026, on Wednesday, May 6, 2026, after the stock market closes, with the conference call to follow the next morning, on Thursday, May 7, 2026. Conference Call Date: Thursday, May 7, 2026  .

Business Wire • Apr 22, 2026

U.S. Physical Therapy Announces $450 Million Credit Facility

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the closing of a $450 million, five-year credit facility that includes a $175 million term loan and a $275 million revolver with a maturity date of April 14, 2031. Based on strong lender support, the credit facility was upsized from its initial $400 million launc.

Business Wire • Apr 15, 2026

U.S. Physical Therapy Presented at the Barclays 28th Annual Global Healthcare Conference

HOUSTON--(BUSINESS WIRE)--U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced that Chris Reading, Chairman and Chief Executive Officer, presented at the Barclays 28th Annual Global Healthcare Conference on March 11, 2026. About U.S. Physical Therapy, Inc. Founded in 1990, U.S. Physical Therapy, Inc. owns and/or manages 783 outpatient physi.

Business Wire • Mar 12, 2026

$9 Million Exit: Investor Dumps 110,000 Shares of U.S. Physical Therapy as Stock Lags Broader Market

4D Advisors exited 110,000 shares in U.S. Physical Therapy during the fourth quarter. The quarter-end position value decreased by $9.34 million as a result.

The Motley Fool • Mar 4, 2026