GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » US Physical Therapy Inc (NYSE:USPH) » Definitions » EBIT

US Physical Therapy (US Physical Therapy) EBIT : $58.7 Mil (TTM As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is US Physical Therapy EBIT?

US Physical Therapy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $2.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $58.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. US Physical Therapy's annualized ROC % for the quarter that ended in Dec. 2023 was -99.44%. US Physical Therapy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. US Physical Therapy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.52%.


US Physical Therapy EBIT Historical Data

The historical data trend for US Physical Therapy's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

US Physical Therapy EBIT Chart

US Physical Therapy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.99 67.15 74.14 61.35 58.68

US Physical Therapy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.80 16.96 21.73 17.88 2.12

Competitive Comparison of US Physical Therapy's EBIT

For the Medical Care Facilities subindustry, US Physical Therapy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


US Physical Therapy's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, US Physical Therapy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where US Physical Therapy's EV-to-EBIT falls into.



US Physical Therapy EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $58.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


US Physical Therapy  (NYSE:USPH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

US Physical Therapy's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=66.46 * ( 1 - 1319.81% )/( (823.688 + 806.806)/ 2 )
=-810.685726/815.247
=-99.44 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1010.186 - 40.355 - ( 147.685 - max(0, 82.356 - 228.499+147.685))
=823.688

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=997.238 - 59.242 - ( 152.825 - max(0, 102.185 - 233.375+152.825))
=806.806

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

US Physical Therapy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.464/( ( (128.733 + max(21.99, 0)) + (129.533 + max(21.308, 0)) )/ 2 )
=8.464/( ( 150.723 + 150.841 )/ 2 )
=8.464/150.782
=5.61 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.958 + 0 + 9.387) - (40.355 + 0 + 0)
=21.99

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(69.72 + 0 + 10.83) - (59.242 + 0 + 0)
=21.308

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

US Physical Therapy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=58.68/1667.569
=3.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


US Physical Therapy EBIT Related Terms

Thank you for viewing the detailed overview of US Physical Therapy's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


US Physical Therapy (US Physical Therapy) Business Description

Traded in Other Exchanges
Address
1300 West Sam Houston Parkway South, Suite 300, Houston, TX, USA, 77042
US Physical Therapy Inc through its subsidiaries operates outpatient physical therapy clinics that 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. The principal sources of payment for the clinics' services are managed care programs, commercial health insurance, Medicare/Medicaid, workers' compensation insurance, and proceeds from personal injury cases. Its operating segment includes Physical therapy operations and Industrial injury prevention services. The company generates maximum revenue from the Physical therapy operations segment.
Executives
Clayton Trier director 1300 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 300, HOUSTON TX 77042
Kathleen A Gilmartin director 1300 W SAM HOUSTON PKWY S, SUITE 300, HOUSTON TX 77042
Nancy Ham director U.S. PHYSICAL THERAPY INC., 1300 W SAM HOUSTON PARKWAY - SUITE 100, HOUSTON TX 77042
Richard Binstein officer: EVP Gen'l Counsel & Secretary 3733 ROSEMONT PASS, NEWTOWN SQUARE PA 19037
Edward L Kuntz director
Graham D. Reeve officer: COO 1300 W. SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Harris Bernard A Jr director 3411 ERIN KNOLL CT, HOUSTON TX 77059
Carey P Hendrickson officer: Chief Financial Officer, other: Effective 11/9/2020 400 S. RECORD STREET, DALLAS TX 75202
Eric Joseph Williams officer: Chief Operations Officer 1300 SAM HOUSTON PARKWAY W, SUITE 300, HOUSTON TX 77042
Harry S Chapman director 4626 DRAKE FALLS COURT, KATY TX 77450
Christopher J Reading officer: Chief Operating Officer
Mark J Brookner director 1300 W SAM HOUSTON PARKWAY S, STE 300, HOUSTON TX 77042
Regg E. Swanson director, Director 1737 BURKE HOLLOW ROAD, NOLENSVILLE TN 37037
Anne Motsenbocker director 1300 W SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Glenn Mcdowell officer: Chief Operating Officer 1300 W. SAM HOUSTON PKWY S., SUITE 300, HOUSTON TX 77042