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Caredx vs U S Physical Therapy

U S Physical Therapy is the larger business, with $781m of revenue in fiscal 2025 against $380m for Caredx (2.1 times as much). U S Physical Therapy grew faster (16.3% against 13.8%). U S Physical Therapy kept more of each dollar of sales as profit: a net margin of 5.1% against -5.6%.

Latest fiscal yearCaredxCDNA, 2025U S Physical TherapyUSPH, 2025
Revenue $380m $781m
Revenue growth 13.8% 16.3%
Net income −$21.4m $39.6m
Operating margin — 11.1%
Net margin -5.6% 5.1%
Return on equity -6.3% 8.2%
Free cash flow $42.0m $61.0m
Cash $65.4m $35.6m
Total debt $0 $162m
Debt to equity — 34.1%
Dividend per share — $1.80
Dividend yield — —
Share buybacks $87.8m $5.6m
Employees 765 7,294
Market value $4.66bn $1.29bn
Price vs our value range — —
Moat score 18 (Weak) 46 (Moderate)
Insider trades, 12 months 0 buys, 26 sales 5 buys, 5 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.