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US Physical TherapyUSPH +0.27%85 Equity-to-Asset is 0.36 as of Jun. 2026, which is 22% below its 10-year median of 0.46. GuruFocus rates USPH with a GF Score™ of 85/100 and a GF Value™ of $104.26 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 684 Healthcare Providers & Services companies, US Physical Therapy ranks worse than 64.18% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. US Physical Therapy's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $448.7 Mil. US Physical Therapy's Total Assets for the quarter that ended in Jun. 2026 was $1,248.9 Mil.
Therefore, US Physical Therapy's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.36.
The historical rank and industry rank for US Physical Therapy's Equity-to-Asset or its related term are showing as below:
USPH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.46 Max: 0.58
Current: 0.36
During the past 13 years, the highest Equity to Asset Ratio of US Physical Therapy was 0.58. The lowest was 0.36. And the median was 0.46.
USPH's Equity-to-Asset is ranked worse than 64.18% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 0.48
vs USPH: 0.36
US Physical Therapy (NYSE:USPH) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
US Physical Therapy Equity-to-Asset Related Terms
US Physical Therapy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for US Physical Therapy's Equity-to-Asset 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.
USPH vs NUTX, AMN, PNTG: Equity-to-Asset Comparison
For the Medical Care Facilities subindustry, US Physical Therapy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, US Physical Therapy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where US Physical Therapy's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
US Physical Therapy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
US Physical Therapy (USPH) has a Equity-to-Asset of 0.36 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on US Physical Therapy and its competitors. This is 22% below median its historical median of 0.46. Over the past decade, US Physical Therapy's Equity-to-Asset has ranged from 0.36 to 0.58. According to the industry distribution chart, US Physical Therapy ranks #439 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 64.2%.
Is US Physical Therapy's Equity-to-Asset too high?
US Physical Therapy's current Equity-to-Asset of 0.36 is 22% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.58. The Healthcare Providers & Services industry median Equity-to-Asset is 0.48. US Physical Therapy's value of 0.36 is 25% below this industry median. Based on the distribution chart, US Physical Therapy ranks #439 out of 684 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, US Physical Therapy has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does US Physical Therapy's Equity-to-Asset compare to NUTX and AMN?
According to the Healthcare Providers & Services industry distribution chart, US Physical Therapy ranks #439 out of 684 companies for Equity-to-Asset. This places US Physical Therapy in the lower half of its industry. The industry median Equity-to-Asset is 0.48. US Physical Therapy's value of 0.36 is 25% below this benchmark. Historically, US Physical Therapy's own Equity-to-Asset has ranged from 0.36 to 0.58 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.48, US Physical Therapy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Healthcare Providers & Services company?
The median Equity-to-Asset among Healthcare Providers & Services companies is 0.48, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Physical Therapy's current Equity-to-Asset of 0.36 is 25% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on US Physical Therapy and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Physical Therapy's current Equity-to-Asset is 0.36, which is 22% below median its own 10-year median of 0.46. 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 Modestly Undervalued. The stock's GF Value™ is $104.26, compared to a current price of $78.21 — trading 25% below its estimated fair value. The current Equity-to-Asset is 0.36, which is 22% below median its 10-year median of 0.46 and 25% below the Healthcare Providers & Services industry median of 0.48. US Physical Therapy's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For US Physical Therapy (USPH), the current Equity-to-Asset is 0.36 as of Jun. 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 $78.21 is trading 25% below its estimated GF Value™ of $104.26.
GuruFocus considers US Physical Therapy to be Modestly Undervalued.
Key valuation signals for USPH:
Equity-to-Asset: 0.36 (22% below median its 10-year median of 0.46)
GF Value™: $104.26 vs. price of $78.21 (25% below fair value)
Industry Position: 25% below the Healthcare Providers & Services median (#439 of 684)
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 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.
85GF Score
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