U.S. Physical Therapy, Inc. (USPH) — Capital Reinvestment Ratio
U.S. Physical Therapy, Inc. (USPH) has a Capital Reinvestment Ratio of 0.16x as of June 2026, meaning it reinvests 0% of its operating cash flow ($34.17 Million) in capital expenditures ($5.36 Million). Check USPH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
U.S. Physical Therapy, Inc. Capital Reinvestment Ratio (1995–2025)
This chart tracks U.S. Physical Therapy, Inc.'s Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see USPH cash flow metrics.
Annual Capital Reinvestment Ratio for U.S. Physical Therapy, Inc. (1995–2025)
Year-by-year Capital Reinvestment Ratio for U.S. Physical Therapy, Inc. from 1995 to 2025. See U.S. Physical Therapy, Inc. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | $75.06 Million | $14.07 Million | ▲ +52.9% |
| 2024 | 0.12x | $74.94 Million | $9.19 Million | ▲ +8.1% |
| 2023 | 0.11x | $81.98 Million | $9.29 Million | ▼ -19.5% |
| 2022 | 0.14x | $58.54 Million | $8.25 Million | ▲ +31.3% |
| 2021 | 0.11x | $76.41 Million | $8.20 Million | ▲ +40.5% |
| 2020 | 0.08x | $100.00 Million | $7.64 Million | ▼ -53.2% |
| 2019 | 0.16x | $62.45 Million | $10.19 Million | ▲ +65.6% |
| 2018 | 0.10x | $73.00 Million | $7.19 Million | ▼ -21.5% |
| 2017 | 0.13x | $56.53 Million | $7.09 Million | ▼ -22.4% |
| 2016 | 0.16x | $51.05 Million | $8.26 Million | ▲ +6.5% |
| 2015 | 0.15x | $41.24 Million | $6.26 Million | ▲ +32.8% |
| 2014 | 0.11x | $45.19 Million | $5.17 Million | ▲ +10.4% |
| 2013 | 0.10x | $44.80 Million | $4.64 Million | ▼ -4.0% |
| 2012 | 0.11x | $39.25 Million | $4.23 Million | ▲ +9.3% |
| 2011 | 0.10x | $32.66 Million | $3.22 Million | ▼ -18.0% |
| 2010 | 0.12x | $30.52 Million | $3.67 Million | ▼ -3.9% |
| 2009 | 0.13x | $30.94 Million | $3.88 Million | ▼ -12.1% |
| 2008 | 0.14x | $30.17 Million | $4.30 Million | ▼ -32.7% |
| 2007 | 0.21x | $19.05 Million | $4.03 Million | ▼ -16.0% |
| 2006 | 0.25x | $18.47 Million | $4.66 Million | ▼ -57.6% |
| 2005 | 0.59x | $18.25 Million | $10.85 Million | ▲ +113.9% |
| 2004 | 0.28x | $17.88 Million | $4.97 Million | ▼ -5.1% |
| 2003 | 0.29x | $17.53 Million | $5.13 Million | ▲ +2.7% |
| 2002 | 0.29x | $19.52 Million | $5.57 Million | ▲ +29.3% |
| 2001 | 0.22x | $15.17 Million | $3.34 Million | ▼ -30.9% |
| 2000 | 0.32x | $8.86 Million | $2.83 Million | ▼ -23.2% |
| 1999 | 0.42x | $5.05 Million | $2.10 Million | ▼ -13.5% |
| 1998 | 0.48x | $5.00 Million | $2.40 Million | ▲ +1.3% |
| 1997 | 0.47x | $3.80 Million | $1.80 Million | ▲ +11.3% |
| 1996 | 0.43x | $4.70 Million | $2.00 Million | ▼ -31.9% |
| 1995 | 0.63x | $2.40 Million | $1.50 Million | — |