P3 Health Partners (PIII) Debt Ratio (2020 - 2026)
P3 Health Partners' (PIII) Debt Ratio was 0.18 for Q2 2026, down 26.3% from 0.25 a year earlier.
Powered by 
Analysis
P3 Health Partners (PIII) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Debt Ratio at P3 Health Partners was 0.42, up 77.2% from FY2024.
- Debt Ratio has increased for three consecutive years.
- By year, Debt Ratio came in at 0.23 in FY2024 (+86.7%), 0.13 in FY2023 (+16.8%) and 0.11 in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Debt Ratio since Q3 2024.
- Year over year, Debt Ratio gained in six of the last seven quarters, with growth averaging 60.7%.
- The high point for year-over-year Debt Ratio in five years was Q1 2023 (growth of 256.4%); the low point was Q2 2026 (a decline of 26.3%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 0.79 |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 0.03 |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 0.33 |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 0.32 |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 0.43 |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 0.35 |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 0.37 |
| 10 | P3 Health Partners | 49.07 Mn | -9.08 Mn | 86.00 Mn | 0.18 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.18 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.25 |
| 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 |
API Access
P3 Health Partners Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=PIII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "PIII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=PIII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();