US Physical TherapyUSPH +3.71%78 Pretax Margin % is 5.33% as of Mar. 2026, which is 49% below its 10-year median of 10.38. 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. Among 665 Healthcare Providers & Services companies, US Physical Therapy ranks better than 68.12% on this metric.
The historical rank and industry rank for US Physical Therapy's Pretax Margin % or its related term are showing as below:
USPH'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.15 Med: 10.38 Max: 15.49
Current: 8.93
USPH's Pretax Margin % is ranked better than 68.12% of 665
companies
in the Healthcare Providers & Services industry
Industry Median: 4
vs USPH: 8.93
US Physical Therapy (NYSE:USPH) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
US Physical Therapy Pretax Margin % Related Terms
US Physical Therapy Pretax Margin % Historical Data
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The historical data trend for US Physical Therapy's Pretax Margin % 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 INNV, NUTX, AMN: Pretax Margin % Comparison
For the Medical Care Facilities subindustry, US Physical Therapy's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, US Physical Therapy's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where US Physical Therapy's Pretax Margin % falls into.
* 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 Pretax Margin % of 5.33% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on US Physical Therapy and its competitors. This is 49% below median its historical median of 10.38. Over the past decade, US Physical Therapy's Pretax Margin % has ranged from 8.15 to 15.49. According to the industry distribution chart, US Physical Therapy ranks #212 out of 665 companies in the Healthcare Providers & Services industry, placing it in the top 31.9%.
Is US Physical Therapy's Pretax Margin % too high?
US Physical Therapy's current Pretax Margin % of 5.33% is 49% below median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 8.15 to a high of 15.49. The Healthcare Providers & Services industry median Pretax Margin % is 4.00. US Physical Therapy's value of 5.33% is 33.3% above this industry median. Based on the distribution chart, US Physical Therapy ranks #212 out of 665 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. 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 Pretax Margin % compare to INNV and NUTX?
According to the Healthcare Providers & Services industry distribution chart, US Physical Therapy ranks #212 out of 665 companies for Pretax Margin %. This puts US Physical Therapy in the upper half of its industry. The industry median Pretax Margin % is 4.00. US Physical Therapy's value of 5.33% is 33.3% above this benchmark. Historically, US Physical Therapy's own Pretax Margin % has ranged from 8.15 to 15.49 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 4.00, US Physical Therapy has consistently been above 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 Pretax Margin % for a Healthcare Providers & Services company?
The median Pretax Margin % among Healthcare Providers & Services companies is 4.00, based on 665 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Physical Therapy's current Pretax Margin % of 5.33% is 33.3% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on US Physical Therapy and its competitors. For the Healthcare Providers & Services industry, the median Pretax Margin % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Physical Therapy's current Pretax Margin % is 5.33%, which is 49% below median its own 10-year median of 10.38. 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 Pretax Margin % is 5.33%, which is 49% below median its 10-year median of 10.38 and 33.3% above the Healthcare Providers & Services industry median of 4.00. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For US Physical Therapy (USPH), the current Pretax Margin % is 5.33% as of Mar. 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:
Pretax Margin %: 5.33% (49% below median its 10-year median of 10.38)
GF Value™: $107.64 vs. price of $68.78 (36.1% below fair value)
Industry Position: 33.3% above the Healthcare Providers & Services median (#212 of 665)
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.
78GF Score
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