U S Physical Therapy annual net debt
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U S Physical Therapy Net Debt Growth & History (USPH)
U S Physical Therapy's net debt was $279.6M for fiscal 2025.
View full U S Physical Therapy company overviewU S Physical Therapy annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $279.6M | $25.7M | +10.13% |
| 2024 | 2024-12-31 | $253.9M | $148.1M | +140.04% |
| 2023 | 2023-12-31 | $105.8M | −$158.0M | −59.90% |
| 2022 | 2022-12-31 | $263.7M | $69.2M | +35.59% |
| 2021 | 2021-12-31 | $194.5M | $116.4M | +149.14% |
| 2020 | 2020-12-31 | $78.1M | −$36.2M | −31.68% |
| 2019 | 2019-12-31 | $114.3M | $97.8M | +593.98% |
| 2018 | 2018-12-31 | $16.5M | −$22.4M | −57.60% |
| 2017 | 2017-12-31 | $38.8M | $7.1M | +22.23% |
| 2016 | 2016-12-31 | $31.8M | −$1.6M | −4.67% |
| 2015 | 2015-12-31 | $33.3M | $12.0M | +56.15% |
| 2014 | 2014-12-31 | $21.3M | −$7.2M | −25.30% |
| 2013 | 2013-12-31 | $28.6M | $22.2M | +349.11% |
| 2012 | 2012-12-31 | $6.4M | −$7.9M | −55.30% |
| 2011 | 2011-12-31 | $14.2M | $23.2M | — |
| 2010 | 2010-12-31 | −$8.9M | — | — |
U S Physical Therapy quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $360.9M | $89.6M | +33.02% |
| Q1 2026 | 2026-03-31 | $334.4M | $66.3M | +24.72% |
| Q4 2025 | 2025-12-31 | $279.6M | $25.7M | +10.13% |
| Q3 2025 | 2025-09-30 | $277.3M | $139.9M | +101.83% |
| Q2 2025 | 2025-06-30 | $271.3M | $125.3M | +85.75% |
| Q1 2025 | 2025-03-31 | $268.1M | $144.1M | +116.12% |
| Q4 2024 | 2024-12-31 | $253.9M | $148.1M | +140.04% |
| Q3 2024 | 2024-09-30 | $137.4M | $24.7M | +21.91% |
| Q2 2024 | 2024-06-30 | $146.1M | $45.6M | +45.42% |
| Q1 2024 | 2024-03-31 | $124.1M | −$142.9M | −53.52% |
| Q4 2023 | 2023-12-31 | $105.8M | −$158.0M | −59.90% |
| Q3 2023 | 2023-09-30 | $112.7M | −$113.0M | −50.07% |
| Q2 2023 | 2023-06-30 | $100.4M | −$114.5M | −53.28% |
| Q1 2023 | 2023-03-31 | $266.9M | $65.4M | +32.47% |
| Q4 2022 | 2022-12-31 | $263.7M | $69.2M | +35.59% |
| Q3 2022 | 2022-09-30 | $225.7M | $108.6M | +92.66% |
| Q2 2022 | 2022-06-30 | $215.0M | $100.8M | +88.28% |
| Q1 2022 | 2022-03-31 | $201.5M | $108.4M | +116.48% |
| Q4 2021 | 2021-12-31 | $194.5M | $116.4M | +149.14% |
| Q3 2021 | 2021-09-30 | $117.2M | $47.7M | +68.76% |
| Q2 2021 | 2021-06-30 | $114.2M | $28.6M | +33.38% |
| Q1 2021 | 2021-03-31 | $93.1M | −$26.1M | −21.91% |
| Q4 2020 | 2020-12-31 | $78.1M | −$36.2M | −31.68% |
| Q3 2020 | 2020-09-30 | $69.4M | −$43.3M | −38.41% |
| Q2 2020 | 2020-06-30 | $85.6M | −$25.8M | −23.17% |
| Q1 2020 | 2020-03-31 | $119.2M | $26.3M | +28.28% |
| Q4 2019 | 2019-12-31 | $114.3M | $97.8M | +593.98% |
| Q3 2019 | 2019-09-30 | $112.7M | $85.5M | +314.61% |
| Q2 2019 | 2019-06-30 | $111.4M | $77.1M | +225.06% |
| Q1 2019 | 2019-03-31 | $92.9M | $64.6M | +228.47% |
| Q4 2018 | 2018-12-31 | $16.5M | −$22.4M | −57.60% |
| Q3 2018 | 2018-09-30 | $27.2M | −$18.1M | −39.96% |
| Q2 2018 | 2018-06-30 | $34.3M | −$21.2M | −38.19% |
| Q1 2018 | 2018-03-31 | $28.3M | −$10.6M | −27.22% |
| Q4 2017 | 2017-12-31 | $38.8M | $7.1M | +22.23% |
| Q3 2017 | 2017-09-30 | $45.3M | $18.8M | +70.81% |
| Q2 2017 | 2017-06-30 | $55.5M | $27.8M | +100.64% |
| Q1 2017 | 2017-03-31 | $38.9M | −$301,000 | −0.77% |
| Q4 2016 | 2016-12-31 | $31.8M | −$1.6M | −4.67% |
| Q3 2016 | 2016-09-30 | $26.5M | −$2.0M | −7.10% |
| Q2 2016 | 2016-06-30 | $27.6M | −$2.2M | −7.53% |
| Q1 2016 | 2016-03-31 | $39.2M | $10.8M | +38.12% |
| Q4 2015 | 2015-12-31 | $33.3M | $12.0M | +56.15% |
| Q3 2015 | 2015-09-30 | $28.5M | −$3.4M | −10.77% |
| Q2 2015 | 2015-06-30 | $29.9M | −$3.5M | −10.43% |
| Q1 2015 | 2015-03-31 | $28.4M | −$1.6M | −5.36% |
| Q4 2014 | 2014-12-31 | $21.3M | −$7.2M | −25.30% |
| Q3 2014 | 2014-09-30 | $32.0M | $29.0M | +965.16% |
| Q2 2014 | 2014-06-30 | $33.4M | $26.7M | +400.77% |
| Q1 2014 | 2014-03-31 | $30.0M | $18.9M | +169.95% |
| Q4 2013 | 2013-12-31 | $28.6M | $22.2M | +349.11% |
| Q3 2013 | 2013-09-30 | $3.0M | −$3.2M | −51.59% |
| Q2 2013 | 2013-06-30 | $6.7M | −$5.4M | −44.81% |
| Q1 2013 | 2013-03-31 | $11.1M | $21.1M | — |
| Q4 2012 | 2012-12-31 | $6.4M | −$7.9M | −55.30% |
| Q3 2012 | 2012-09-30 | $6.2M | $15.1M | — |
| Q2 2012 | 2012-06-30 | $12.1M | $20.6M | — |
| Q1 2012 | 2012-03-31 | −$10.0M | — | — |
| Q4 2011 | 2011-12-31 | $14.2M | $23.2M | — |
| Q3 2011 | 2011-09-30 | −$8.9M | — | — |
| Q2 2011 | 2011-06-30 | −$8.6M | — | — |
| Q4 2010 | 2010-12-31 | −$8.9M | — | — |
U S Physical Therapy net debt trends
Over the last five fiscal years, U S Physical Therapy's net debt increased from $78.1M to $279.6M, a change of $201.5M. The latest reported quarter, Q2 2026, shows $360.9M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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