USPH (US Physical Therapy) Enterprise Value: $1,695.0 Mil (As of Jun. 28, 2026) ***


USPH US Physical Therapy Inc USPH
78 GF Score
Price $68.78
GF Value $107.64
Valuation Significantly Undervalued
! 5 Warning Signs
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What is US Physical Therapy Enterprise Value?

US Physical Therapy USPH +3.71% 78 Enterprise Value is $1,695.0 Mil as of Jun. 28, 2026. GuruFocus rates USPH with a GF Score™ of 78/100 and a GF Value™ of $107.64 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, US Physical Therapy's Enterprise Value is $1,695.0 Mil. US Physical Therapy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $81.0 Mil. Therefore, US Physical Therapy's EV-to-EBIT ratio for today is 20.92.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, US Physical Therapy's Enterprise Value is $1,695.0 Mil. US Physical Therapy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $103.5 Mil. Therefore, US Physical Therapy's EV-to-EBITDA ratio for today is 16.37.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, US Physical Therapy's Enterprise Value is $1,695.0 Mil. US Physical Therapy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $795.5 Mil. Therefore, US Physical Therapy's EV-to-Revenue ratio for today is 2.13.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, US Physical Therapy's Enterprise Value is $1,695.0 Mil. US Physical Therapy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $83.5 Mil. Therefore, US Physical Therapy's EV-to-OCF ratio for today is 20.29.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, US Physical Therapy's Enterprise Value is $1,695.0 Mil. US Physical Therapy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $66.7 Mil. Therefore, US Physical Therapy's EV-to-FCF ratio for today is 25.42.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


US Physical Therapy  (NYSE:USPH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

US Physical Therapy's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1695.037/81.019
=20.92

US Physical Therapy's current Enterprise Value is $1,695.0 Mil.
US Physical Therapy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

US Physical Therapy's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1695.037/103.543
=16.37

US Physical Therapy's current Enterprise Value is $1,695.0 Mil.
US Physical Therapy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $103.5 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

US Physical Therapy's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1695.037/795.488
=2.13

US Physical Therapy's current Enterprise Value is $1,695.0 Mil.
US Physical Therapy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $795.5 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

US Physical Therapy's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1695.037/83.541
=20.29

US Physical Therapy's current Enterprise Value is $1,695.0 Mil.
US Physical Therapy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $83.5 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

US Physical Therapy's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1695.037/66.676
=25.42

US Physical Therapy's current Enterprise Value is $1,695.0 Mil.
US Physical Therapy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $66.7 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 Enterprise Value Related Terms


US Physical Therapy Enterprise Value Historical Data

* Premium members only.

The historical data trend for US Physical Therapy's Enterprise Value 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.

US Physical Therapy Enterprise Value Chart

US Physical Therapy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,584.99 1,486.07 1,677.79 1,862.98 1,754.32

US Physical Therapy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 1,629.16 1,725.11 1,847.75 1,754.32 1,789.93

USPH vs INNV, NUTX, AMN: Enterprise Value Comparison

For the Medical Care Facilities subindustry, US Physical Therapy's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, US Physical Therapy's Enterprise Value distribution charts can be found below:

* The bar in red indicates where US Physical Therapy's Enterprise Value falls into.


USPH
78GF Score
US Physical Therapy Inc USPH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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US Physical Therapy Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

US Physical Therapy's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

US Physical Therapy's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $1,695.0 Mil mean?
US Physical Therapy (USPH) has a Enterprise Value of $1,695.0 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on US Physical Therapy and its competitors.
Is US Physical Therapy's Enterprise Value too high?
US Physical Therapy's current Enterprise Value is $1,695.0 Mil. Overall, US Physical Therapy has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does US Physical Therapy's Enterprise Value compare to INNV and NUTX?
US Physical Therapy's Enterprise Value of $1,695.0 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Healthcare Providers & Services company?
A good Enterprise Value depends on the Healthcare Providers & Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on US Physical Therapy and its competitors. US Physical Therapy's current Enterprise Value is $1,695.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Physical Therapy stock overvalued right now?
Based on GuruFocus' analysis, US Physical Therapy (USPH) is currently considered Significantly Undervalued. The stock's GF Value™ is $107.64, compared to a current price of $68.78 — trading 36.1% below its estimated fair value. The current Enterprise Value is $1,695.0 Mil. US Physical Therapy's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For US Physical Therapy (USPH), the current Enterprise Value is $1,695.0 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is US Physical Therapy (USPH) Overvalued in 2026?

Based on GuruFocus' analysis, US Physical Therapy stock appears to be undervalued. The current stock price of $68.78 is trading 36.1% below its estimated GF Value™ of $107.64. GuruFocus considers US Physical Therapy to be Significantly Undervalued.

Key valuation signals for USPH:

  • Enterprise Value: $1,695.0 Mil
  • GF Value™: $107.64 vs. price of $68.78 (36.1% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the USPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


US Physical Therapy Business Description

Address 1300 West Sam Houston Parkway South, Suite 300, Houston, TX, USA, 77042
US Physical Therapy Inc through its subsidiaries operate 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 payment sources 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.
78GF Score

Get the complete analysis for USPH

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$68.78
Price
$107.64
GF Value