U.S. Physical Therapy Cash Flow Statement
NYSE: USPHHealth CareMedical/Nursing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
U.S. Physical Therapy free cash flow
In fiscal 2025, U.S. Physical Therapy generated $75.1 million of operating cash flow and spent $14.1 million on capital expenditures. That left free cash flow of $61.0 million, a free-cash-flow margin of 7.8% of revenue. Free cash flow was down 7.2% from the prior year's $65.8 million.
U.S. Physical Therapy returned $32.9 million to shareholders: $27.4 million in dividends and $5.6 million in share repurchases, equal to 54% of free cash flow. Free cash flow covered dividend payments 2.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
U.S. Physical Therapy cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 58.01M | 45.60M | 37.22M | 43.41M | 57.92M | 52.49M | 57.26M | 48.84M | 27.72M | 26.27M |
| Net Income growth (YoY) | +27.20% | +22.51% | -14.25% | -25.06% | +10.35% | -8.33% | +17.23% | +76.17% | +5.54% | -0.83% |
| Depreciation & Amortization | 22.39M | 18.68M | 15.70M | 14.74M | 11.59M | 10.53M | 10.10M | 9.76M | 9.71M | 8.78M |
| Stock-Based Compensation | 8.27M | 7.82M | 7.24M | 7.26M | 7.87M | 7.92M | 6.99M | 5.94M | 5.03M | 4.96M |
| Change in Working Capital | -30.17M | -4.45M | -5.83M | -23.97M | -5.39M | 17.49M | -13.48M | 1.82M | 6.07M | -1.33M |
| Operating Cash Flow | 75.06M | 74.94M | 81.98M | 58.54M | 76.41M | 100.00M | 62.45M | 73.00M | 56.53M | 51.05M |
| Capital Expenditures | -14.07M | -9.19M | -9.29M | -8.25M | -8.20M | -7.64M | -10.19M | -7.19M | -7.09M | -8.26M |
| Investing Cash Flow | -36.71M | -149.45M | -45.02M | -81.27M | -124.14M | -51.20M | -37.99M | -23.91M | -43.58M | -32.49M |
| Dividends Paid | -27.36M | -26.54M | -24.13M | -21.32M | -18.77M | -4.11M | -14.55M | -11.66M | -10.07M | -8.51M |
| Share Repurchases | -5.57M | 0 | 0 | — | — | — | — | — | — | — |
| Debt Issued | — | 0 | 0 | 150.00M | 0 | 0 | — | — | — | — |
| Debt Repaid | -9.38M | -3.75M | -3.75M | -1.88M | 0 | 0 | — | — | — | — |
| Financing Cash Flow | -44.14M | -36.95M | 84.27M | 25.76M | 43.38M | -39.42M | -24.27M | -47.66M | -11.06M | -14.29M |
| Net Change in Cash | -5.79M | -111.46M | 121.23M | 3.03M | -4.35M | 9.37M | 180.00K | 1.44M | 1.89M | 4.27M |
| Free Cash Flow | 60.99M | 65.75M | 72.68M | 50.29M | 68.20M | 92.36M | 52.26M | 65.81M | 49.43M | 42.79M |
This table shows 10 annual periods of U.S. Physical Therapy's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow USPH's reporting calendar. What is a cash flow statement?