US Physical Therapy Inc
NYSE:USPH
Income Statement
Earnings Waterfall
US Physical Therapy Inc
Revenue
|
604.8m
USD
|
Cost of Revenue
|
-483.3m
USD
|
Gross Profit
|
121.5m
USD
|
Operating Expenses
|
-52m
USD
|
Operating Income
|
69.6m
USD
|
Other Expenses
|
-51.4m
USD
|
Net Income
|
18.1m
USD
|
Income Statement
US Physical Therapy Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
264
N/A
|
271
+3%
|
282
+4%
|
294
+4%
|
305
+4%
|
313
+2%
|
318
+2%
|
324
+2%
|
331
+2%
|
341
+3%
|
348
+2%
|
352
+1%
|
357
+1%
|
367
+3%
|
381
+4%
|
396
+4%
|
414
+5%
|
425
+3%
|
436
+3%
|
446
+2%
|
454
+2%
|
462
+2%
|
473
+2%
|
477
+1%
|
482
+1%
|
479
-1%
|
436
-9%
|
428
-2%
|
423
-1%
|
423
0%
|
466
+10%
|
483
+4%
|
495
+3%
|
514
+4%
|
528
+3%
|
542
+3%
|
553
+2%
|
570
+3%
|
581
+2%
|
591
+2%
|
605
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(199)
|
(204)
|
(211)
|
(221)
|
(229)
|
(236)
|
(242)
|
(248)
|
(253)
|
(259)
|
(264)
|
(268)
|
(274)
|
(285)
|
(297)
|
(310)
|
(323)
|
(331)
|
(339)
|
(345)
|
(352)
|
(357)
|
(364)
|
(366)
|
(370)
|
(373)
|
(343)
|
(331)
|
(325)
|
(318)
|
(346)
|
(363)
|
(378)
|
(396)
|
(414)
|
(430)
|
(441)
|
(454)
|
(463)
|
(473)
|
(483)
|
|
Gross Profit |
65
N/A
|
67
+3%
|
71
+6%
|
74
+4%
|
76
+4%
|
77
+0%
|
76
-1%
|
76
+0%
|
79
+3%
|
82
+5%
|
84
+2%
|
85
+1%
|
82
-3%
|
83
+0%
|
84
+2%
|
86
+2%
|
91
+7%
|
94
+3%
|
96
+3%
|
101
+5%
|
102
+0%
|
105
+3%
|
109
+4%
|
111
+1%
|
113
+2%
|
105
-6%
|
93
-11%
|
96
+3%
|
98
+2%
|
105
+7%
|
120
+14%
|
119
-1%
|
117
-2%
|
118
+1%
|
114
-3%
|
111
-3%
|
112
+1%
|
116
+4%
|
118
+1%
|
119
+1%
|
122
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(33)
|
(32)
|
(33)
|
(34)
|
(36)
|
(38)
|
(39)
|
(41)
|
(41)
|
(43)
|
(44)
|
(44)
|
(45)
|
(45)
|
(43)
|
(43)
|
(42)
|
(41)
|
(44)
|
(47)
|
(47)
|
(45)
|
(44)
|
(43)
|
(46)
|
(48)
|
(50)
|
(50)
|
(52)
|
|
Selling, General & Administrative |
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(33)
|
(32)
|
(33)
|
(34)
|
(36)
|
(38)
|
(39)
|
(41)
|
(41)
|
(42)
|
(44)
|
(44)
|
(45)
|
(46)
|
(43)
|
(43)
|
(42)
|
(41)
|
(44)
|
(47)
|
(47)
|
(47)
|
(46)
|
(45)
|
(46)
|
(48)
|
(50)
|
(50)
|
(52)
|
|
Operating Income |
39
N/A
|
40
+3%
|
43
+8%
|
45
+3%
|
46
+3%
|
46
-1%
|
45
-2%
|
46
+2%
|
48
+4%
|
50
+5%
|
51
+3%
|
51
+0%
|
50
-3%
|
50
+2%
|
51
+1%
|
52
+2%
|
55
+7%
|
56
+2%
|
58
+2%
|
60
+4%
|
60
+0%
|
63
+4%
|
66
+5%
|
67
+2%
|
67
+1%
|
60
-11%
|
50
-16%
|
53
+6%
|
56
+5%
|
64
+13%
|
76
+19%
|
72
-4%
|
71
-2%
|
73
+3%
|
70
-3%
|
68
-3%
|
66
-4%
|
68
+3%
|
68
N/A
|
69
+1%
|
70
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(1)
|
(1)
|
(1)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(10)
|
(14)
|
(17)
|
(11)
|
(22)
|
(24)
|
(24)
|
(21)
|
(17)
|
(12)
|
(9)
|
(2)
|
(2)
|
4
|
4
|
4
|
3
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(4)
|
(6)
|
(7)
|
(6)
|
(4)
|
|
Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
2
|
2
|
2
|
0
|
(4)
|
4
|
4
|
10
|
13
|
5
|
5
|
2
|
0
|
0
|
0
|
(9)
|
(9)
|
(9)
|
(9)
|
(17)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
1
|
3
|
3
|
1
|
2
|
(0)
|
1
|
|
Pre-Tax Income |
38
N/A
|
39
+3%
|
42
+8%
|
43
+3%
|
38
-12%
|
38
-1%
|
37
-2%
|
38
+2%
|
40
+6%
|
39
-2%
|
38
-5%
|
35
-7%
|
38
+10%
|
29
-25%
|
27
-7%
|
28
+3%
|
34
+23%
|
38
+14%
|
45
+18%
|
51
+11%
|
60
+19%
|
63
+4%
|
71
+14%
|
73
+2%
|
71
-3%
|
59
-16%
|
53
-11%
|
57
+7%
|
66
+16%
|
77
+17%
|
80
+4%
|
78
-3%
|
73
-6%
|
74
+1%
|
71
-3%
|
69
-3%
|
56
-20%
|
55
-2%
|
54
-1%
|
54
0%
|
49
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(12)
|
(12)
|
(8)
|
(8)
|
(8)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(14)
|
(14)
|
(14)
|
(11)
|
(10)
|
(11)
|
(13)
|
(16)
|
(16)
|
(16)
|
(15)
|
(16)
|
(15)
|
(15)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
|
Income from Continuing Operations |
26
|
27
|
28
|
29
|
25
|
25
|
25
|
26
|
27
|
26
|
25
|
23
|
26
|
20
|
19
|
20
|
23
|
28
|
34
|
40
|
49
|
51
|
58
|
59
|
57
|
48
|
43
|
46
|
53
|
61
|
64
|
62
|
58
|
58
|
56
|
55
|
43
|
43
|
42
|
42
|
37
|
|
Income to Minority Interest |
(8)
|
(9)
|
(9)
|
(9)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(6)
|
(2)
|
(2)
|
(2)
|
(6)
|
(7)
|
(10)
|
(12)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(16)
|
(15)
|
(16)
|
(17)
|
(19)
|
(19)
|
(18)
|
(17)
|
(17)
|
(16)
|
(15)
|
(11)
|
(12)
|
(12)
|
(12)
|
(9)
|
|
Net Income (Common) |
13
N/A
|
12
-3%
|
14
+11%
|
19
+36%
|
19
+2%
|
20
+5%
|
20
-2%
|
21
+5%
|
21
N/A
|
21
+1%
|
21
+0%
|
20
-7%
|
21
+5%
|
18
-13%
|
17
-6%
|
17
+2%
|
22
+29%
|
21
-7%
|
22
+5%
|
18
-16%
|
17
-10%
|
18
+10%
|
23
+26%
|
30
+29%
|
31
+5%
|
29
-8%
|
31
+6%
|
30
-2%
|
32
+6%
|
32
+0%
|
30
-7%
|
31
+2%
|
31
+2%
|
37
+19%
|
38
+2%
|
39
+2%
|
29
-24%
|
28
-4%
|
26
-9%
|
24
-7%
|
18
-24%
|
|
EPS (Diluted) |
1.04
N/A
|
1.01
-3%
|
1.12
+11%
|
1.54
+38%
|
1.57
+2%
|
1.64
+4%
|
1.6
-2%
|
1.63
+2%
|
1.66
+2%
|
1.69
+2%
|
1.69
N/A
|
1.57
-7%
|
1.64
+4%
|
1.43
-13%
|
1.34
-6%
|
1.37
+2%
|
1.76
+28%
|
1.65
-6%
|
1.72
+4%
|
1.44
-16%
|
1.31
-9%
|
1.43
+9%
|
1.8
+26%
|
2.33
+29%
|
2.45
+5%
|
2.26
-8%
|
2.36
+4%
|
2.34
-1%
|
2.48
+6%
|
2.48
N/A
|
2.32
-6%
|
2.37
+2%
|
2.41
+2%
|
2.88
+20%
|
2.87
0%
|
2.99
+4%
|
2.25
-25%
|
2.16
-4%
|
1.86
-14%
|
1.58
-15%
|
1.28
-19%
|