P3 Health Partners (PIII) Debt Ratio (2020 - 2025)
P3 Health Partners (PIII) reported Debt Ratio of 0.42 for Q4 2025, up 77.22% on a YoY basis from 0.23 in Q4 2024, and up 32.82% quarter-over-quarter from 0.31 in Q3 2025.
P3 Health Partners (PIII) Debt Ratio (2020 - 2025) Analysis & Trends
P3 Health Partners has reported Debt Ratio for 5 years, with the latest figure at 0.42 in Q4 2025.
- For the quarter ending Q4 2025, Debt Ratio rose 77.22% year-over-year to 0.42; the trailing twelve-month figure through Dec 2025 stood at 0.42 (up 77.22% YoY), and the FY2025 full-year result was 0.42, up 77.22% from the prior year.
- Debt Ratio for Q4 2025 stood at 0.42, up from 0.31 in the prior quarter.
- The five-year high for Debt Ratio was 0.42 in Q4 2025, with the low at 0.03 in Q1 2022.
- Historically, Debt Ratio has averaged 0.16 across 4 years, with a median of 0.13 in 2023.
- Annual changes were most pronounced in 2023 — Debt Ratio jumped 256.53% — and 2025, when it retreated 6.71%.
- P3 Health Partners' Debt Ratio stood at 0.11 in 2022, then increased by 16.8% to 0.13 in 2023, then surged by 86.75% to 0.23 in 2024, then jumped by 77.22% to 0.42 in 2025.
- The last three Debt Ratio figures came in at 0.42 (Q4 2025), 0.31 (Q3 2025), and 0.14 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.51 Bn | 86.89 Bn | 16.26 Bn | 0.78 |
| 2 | Tenet Healthcare | 15.06 Bn | 14.23 Bn | 4.41 Bn | 0.42 |
| 3 | Davita | 13.75 Bn | 14.61 Bn | 1.07 Bn | 0.61 |
| 4 | Encompass Health | 10.16 Bn | 10.79 Bn | 1.34 Bn | 0.35 |
| 5 | Universal Health Services | 8.91 Bn | 8.86 Bn | 3.21 Bn | 0.30 |
| 6 | Ensign | 8.53 Bn | 7.94 Bn | 293.37 Mn | 0.03 |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.92 Bn | -4.26 Bn | 0.24 |
| 8 | Chemed | 5.76 Bn | 5.74 Bn | 215.76 Mn | 0.06 |
| 9 | Pacs | 5.46 Bn | 5.22 Bn | 345.96 Mn | 0.01 |
| 10 | P3 Health Partners | 44.26 Mn | 33.46 Mn | 384.48 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.22 |
| Dec 31, 2024 | 0.23 |
| Sep 30, 2024 | 0.16 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2020 | 0.43 |