U.S. Physical Therapy, Inc.

U.S. Physical Therapy, Inc. is a leading publicly traded operator of outpatient physical and occupational therapy clinics, complemented by a robust industrial injury prevention services segment. Founded in 1990, the company's core mission is centered on a "people first" approach, prioritizing patient care, strong relationships, and the long-term stability of its partnerships. Headquartered in Houston, Texas, U.S. Physical Therapy aims to help individuals achieve health and wellness through its comprehensive service offerings.

The company's services encompass a wide range of physical rehabilitation needs, including pre- and post-operative care for orthopedic and sports-related injuries, treatment for neurologically-related injuries, and rehabilitation for injured workers. Beyond direct patient care, U.S. Physical Therapy provides industrial injury prevention services, offering onsite programs for employees that include injury prevention, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments. Additionally, the company manages physical therapy facilities for third-party entities such as physician groups and hospitals, catering to diverse market segments including Medicare-eligible seniors, active professionals, and employer clients.

Under the leadership of CEO and Chairman Christopher J. Reading, U.S. Physical Therapy continues to expand its footprint, operating and/or managing 780 outpatient clinics across 44 states as of early 2026. Recent strategic activities include the acquisition of a 50% interest in an eight-clinic physical therapy management services company in January 2026 and the closing of a $450 million credit facility in April 2026 to support ongoing growth and shareholder returns. The company also reported strong financial results for the full year 2025, with Adjusted EBITDA increasing by 16.2% and net income reaching $39.6 million, underscoring its solid market positioning and commitment to strategic acquisitions and alliances.