P3 Health Partners (PIII) Debt to Equity (2020 - 2025)
P3 Health Partners posted quarterly Debt to Equity of -$1.76 for Q4 2025, down 172.68% year-on-year from $2.42 in Q4 2024, and up 84.64% on a QoQ basis from -$11.47 in Q3 2025.
P3 Health Partners (PIII) has 5 years of Debt to Equity data on file, last reported at -$1.76 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 172.68% year-over-year to -$1.76; the trailing twelve-month figure through Dec 2025 stood at -$1.76 (down 172.68% YoY), and the FY2025 full-year result was -$1.76, down 172.68% from the prior year.
- Debt to Equity for Q4 2025 stood at -$1.76, up from -$11.47 in the prior quarter.
- Across five years, Debt to Equity topped out at $16.13 in Q4 2022 and bottomed at -$40.27 in Q1 2023.
- The 4-year median for Debt to Equity is $0.78 (2023), against an average of -$1.54.
- The widest annual swing landed in 2023, when Debt to Equity tumbled 12952.99%; it then soared 231.71% in 2025.
- A 4-year view of Debt to Equity shows it stood at $16.13 in 2022, then plunged by 95.27% to $0.76 in 2023, then soared by 218.05% to $2.42 in 2024, then plunged by 172.68% to -$1.76 in 2025.
- The last three Debt to Equity figures came in at -$1.76 (Q4 2025), -$11.47 (Q3 2025), and $2.3 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -16.13 |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 2.74 |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | -22.31 |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 0.78 |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 0.06 |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 0.63 |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.55 |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 0.11 |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 0.05 |
| 10 | P3 Health Partners | 102.31 Mn | 91.51 Mn | 384.48 Mn | -1.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.76 |
| Sep 30, 2025 | -11.47 |
| Jun 30, 2025 | 2.30 |
| Mar 31, 2025 | 2.71 |
| Dec 31, 2024 | 2.42 |
| Sep 30, 2024 | 1.11 |
| Jun 30, 2024 | 0.80 |
| Mar 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | -0.79 |
| Mar 31, 2023 | -40.27 |
| Dec 31, 2022 | 16.13 |
| Sep 30, 2022 | 1.02 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2020 | -0.35 |