U.S. Physical Therapy, Inc. (USPH) — Free Cash Flow Generation Index

Latest as of June 2026: 0.84x

U.S. Physical Therapy, Inc. (USPH) has a Free Cash Flow Generation Index of 0.84x as of June 2026. Free cash flow of $28.81 Million represents 1% of operating cash flow ($34.17 Million). Explore USPH capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.84x
Free Cash Flow / Operating CF

Free Cash Flow

$28.81 Million
USD

Operating Cash Flow

$34.17 Million
USD

Capital Expenditures

$5.36 Million
USD

U.S. Physical Therapy, Inc. Free Cash Flow Generation Index (1995–2025)

Historical FCF Generation Index trend for U.S. Physical Therapy, Inc. across 31 annual periods. For the full cash flow conversion analysis, see U.S. Physical Therapy, Inc. (USPH) cash conversion ratio.

Annual Free Cash Flow Generation for U.S. Physical Therapy, Inc. (1995–2025)

Year-by-year Free Cash Flow Generation Index for U.S. Physical Therapy, Inc.. Check how aggressively does U.S. Physical Therapy, Inc. reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.81x $60.99 Million $75.06 Million $14.07 Million ▼ -7.4%
2024 0.88x $65.75 Million $74.94 Million $9.19 Million ▼ -1.0%
2023 0.89x $72.68 Million $81.98 Million $9.29 Million ▲ +3.2%
2022 0.86x $50.29 Million $58.54 Million $8.25 Million ▼ -3.8%
2021 0.89x $68.20 Million $76.41 Million $8.20 Million ▼ -3.3%
2020 0.92x $92.36 Million $100.00 Million $7.64 Million ▲ +10.4%
2019 0.84x $52.26 Million $62.45 Million $10.19 Million ▼ -7.2%
2018 0.90x $65.81 Million $73.00 Million $7.19 Million ▲ +3.1%
2017 0.87x $49.43 Million $56.53 Million $7.09 Million ▲ +4.3%
2016 0.84x $42.79 Million $51.05 Million $8.26 Million ▼ -1.2%
2015 0.85x $34.98 Million $41.24 Million $6.26 Million ▼ -4.2%
2014 0.89x $40.03 Million $45.19 Million $5.17 Million ▼ -1.2%
2013 0.90x $40.16 Million $44.80 Million $4.64 Million ▲ +0.5%
2012 0.89x $35.02 Million $39.25 Million $4.23 Million ▼ -1.0%
2011 0.90x $29.43 Million $32.66 Million $3.22 Million ▲ +2.5%
2010 0.88x $26.85 Million $30.52 Million $3.67 Million ▲ +0.6%
2009 0.87x $27.07 Million $30.94 Million $3.88 Million ▲ +2.0%
2008 0.86x $25.87 Million $30.17 Million $4.30 Million ▲ +8.8%
2007 0.79x $15.01 Million $19.05 Million $4.03 Million ▲ +5.4%
2006 0.75x $13.82 Million $18.47 Million $4.66 Million ▲ +84.4%
2005 0.41x $7.40 Million $18.25 Million $10.85 Million ▼ -43.8%
2004 0.72x $12.91 Million $17.88 Million $4.97 Million ▲ +2.1%
2003 0.71x $12.40 Million $17.53 Million $5.13 Million ▼ -1.1%
2002 0.71x $13.96 Million $19.52 Million $5.57 Million ▼ -8.3%
2001 0.78x $11.83 Million $15.17 Million $3.34 Million ▲ +14.5%
2000 0.68x $6.03 Million $8.86 Million $2.83 Million ▲ +16.5%
1999 0.58x $2.95 Million $5.05 Million $2.10 Million ▲ +12.5%
1998 0.52x $2.60 Million $5.00 Million $2.40 Million ▼ -1.2%
1997 0.53x $2.00 Million $3.80 Million $1.80 Million ▼ -8.4%
1996 0.57x $2.70 Million $4.70 Million $2.00 Million ▲ +53.2%
1995 0.38x $900.00K $2.40 Million $1.50 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).