U.S. Physical Therapy, Inc. (USPH) — Cash Flow Quality Index
U.S. Physical Therapy, Inc. (USPH) has a Cash Flow Quality Index of 4.45x as of December 2025. Operating cash flow of $24.93 Million exceeds net income of $5.61 Million, indicating high earnings quality where cash backs reported profits. Explore USPH long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
U.S. Physical Therapy, Inc. Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for U.S. Physical Therapy, Inc. across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check U.S. Physical Therapy, Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for U.S. Physical Therapy, Inc. (1995–2025)
Year-by-year earnings quality comparison for U.S. Physical Therapy, Inc.. For live market cap and the full company financial profile, see market cap of U.S. Physical Therapy, Inc..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.29x | $75.06 Million | $58.01 Million | ▼ -21.3% |
| 2024 | 1.64x | $74.94 Million | $45.60 Million | ▼ -25.4% |
| 2023 | 2.20x | $81.98 Million | $37.22 Million | ▲ +63.3% |
| 2022 | 1.35x | $58.54 Million | $43.41 Million | ▲ +2.2% |
| 2021 | 1.32x | $76.41 Million | $57.92 Million | ▼ -30.8% |
| 2020 | 1.90x | $100.00 Million | $52.49 Million | ▲ +74.7% |
| 2019 | 1.09x | $62.45 Million | $57.26 Million | ▼ -27.0% |
| 2018 | 1.49x | $73.00 Million | $48.84 Million | ▼ -26.7% |
| 2017 | 2.04x | $56.53 Million | $27.72 Million | ▲ +4.9% |
| 2016 | 1.94x | $51.05 Million | $26.27 Million | ▲ +49.3% |
| 2015 | 1.30x | $41.24 Million | $31.69 Million | ▼ -12.4% |
| 2014 | 1.49x | $45.19 Million | $30.42 Million | ▼ -30.4% |
| 2013 | 2.13x | $44.80 Million | $21.00 Million | ▲ +42.5% |
| 2012 | 1.50x | $39.25 Million | $26.22 Million | ▲ +36.5% |
| 2011 | 1.10x | $32.66 Million | $29.78 Million | ▼ -11.3% |
| 2010 | 1.24x | $30.52 Million | $24.70 Million | ▼ -20.2% |
| 2009 | 1.55x | $30.94 Million | $19.97 Million | ▼ -48.6% |
| 2008 | 3.02x | $30.17 Million | $10.00 Million | ▲ +38.4% |
| 2007 | 2.18x | $19.05 Million | $8.74 Million | ▼ -25.7% |
| 2006 | 2.93x | $18.47 Million | $6.30 Million | ▲ +41.3% |
| 2005 | 2.08x | $18.25 Million | $8.79 Million | ▼ -22.5% |
| 2004 | 2.68x | $17.88 Million | $6.68 Million | ▲ +12.0% |
| 2003 | 2.39x | $17.53 Million | $7.33 Million | ▲ +4.0% |
| 2002 | 2.30x | $19.52 Million | $8.49 Million | ▲ +7.2% |
| 2001 | 2.15x | $15.17 Million | $7.07 Million | ▼ -9.6% |
| 2000 | 2.37x | $8.86 Million | $3.73 Million | ▲ +12.5% |
| 1999 | 2.11x | $5.05 Million | $2.39 Million | ▼ -32.5% |
| 1998 | 3.13x | $5.00 Million | $1.60 Million | ▲ +97.4% |
| 1997 | 1.58x | $3.80 Million | $2.40 Million | ▼ -46.1% |
| 1996 | 2.94x | $4.70 Million | $1.60 Million | ▼ -14.3% |
| 1995 | 3.43x | $2.40 Million | $700.00K | — |