US Physical TherapyUSPH +4.27%77 Quick Ratio is 1.19 as of Mar. 2026, which is 18% below its 10-year median of 1.45. GuruFocus rates USPH with a GF Score™ of 77/100 and a GF Value™ of $107.62 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 683 Healthcare Providers & Services companies, US Physical Therapy ranks worse than 54.9% on this metric.
US Physical Therapy has a quick ratio of 1.19. It generally indicates good short-term financial strength.
The historical rank and industry rank for US Physical Therapy's Quick Ratio or its related term are showing as below:
USPH'
s Quick Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.45 Max: 2.82
Current: 1.19
During the past 13 years, US Physical Therapy's highest Quick Ratio was 2.82. The lowest was 0.83. And the median was 1.45.
USPH's Quick Ratio is ranked worse than 54.9% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs USPH: 1.19
US Physical Therapy (NYSE:USPH) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
US Physical Therapy Quick Ratio Related Terms
US Physical Therapy Quick Ratio Historical Data
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The historical data trend for US Physical Therapy's Quick Ratio 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.
For the Medical Care Facilities subindustry, US Physical Therapy's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, US Physical Therapy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where US Physical Therapy's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
US Physical Therapy's Quick 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 Quick Ratio of 1.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on US Physical Therapy and its competitors. This is 18% below median its historical median of 1.45. Over the past decade, US Physical Therapy's Quick Ratio has ranged from 0.83 to 2.82. According to the industry distribution chart, US Physical Therapy ranks #375 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 54.9%.
Is US Physical Therapy's Quick Ratio too high?
US Physical Therapy's current Quick Ratio of 1.19 is 18% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.82. The Healthcare Providers & Services industry median Quick Ratio is 1.32. US Physical Therapy's value of 1.19 is 9.8% below this industry median. Based on the distribution chart, US Physical Therapy ranks #375 out of 683 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, US Physical Therapy has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does US Physical Therapy's Quick Ratio compare to INNV and NUTX?
According to the Healthcare Providers & Services industry distribution chart, US Physical Therapy ranks #375 out of 683 companies for Quick Ratio. This places US Physical Therapy in the lower half of its industry. The industry median Quick Ratio is 1.32. US Physical Therapy's value of 1.19 is 9.8% below this benchmark. Historically, US Physical Therapy's own Quick Ratio has ranged from 0.83 to 2.82 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.32, 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 Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Physical Therapy's current Quick Ratio of 1.19 is 9.8% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on US Physical Therapy and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Physical Therapy's current Quick Ratio is 1.19, which is 18% below median its own 10-year median of 1.45. 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 $107.62, compared to a current price of $66.21 — trading 38.5% below its estimated fair value. The current Quick Ratio is 1.19, which is 18% below median its 10-year median of 1.45 and 9.8% below the Healthcare Providers & Services industry median of 1.32. US Physical Therapy's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For US Physical Therapy (USPH), the current Quick Ratio is 1.19 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 $66.21 is trading 38.5% below its estimated GF Value™ of $107.62.
GuruFocus considers US Physical Therapy to be Significantly Undervalued.
Key valuation signals for USPH:
Quick Ratio: 1.19 (18% below median its 10-year median of 1.45)
GF Value™: $107.62 vs. price of $66.21 (38.5% below fair value)
Industry Position: 9.8% below the Healthcare Providers & Services median (#375 of 683)
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.
77GF Score
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