P3 Health Partners (PIII) Debt to Equity (2020 - 2025)

P3 Health Partners (PIII) posted Debt to Equity of -$1.76 for Q4 2025, up 84.64% quarter-over-quarter from -$11.47 in Q3 2025, and down 172.68% year-on-year from $2.42 in Q4 2024.

P3 Health Partners (PIII) Debt to Equity (2020 - 2025) Analysis & Trends

P3 Health Partners (PIII) has reported Debt to Equity for 5 consecutive years, with -$1.76 the latest figure, recorded in Q4 2025.

  • Debt to Equity for Q4 2025 came in at -$1.76, down 172.68% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.76 (down 172.68% YoY), and the FY2025 annual result was -$1.76, down 172.68% from the prior year.
  • Debt to Equity was -$1.76 for Q4 2025 at P3 Health Partners, up from -$11.47 in the prior quarter.
  • Over five years, Debt to Equity peaked at $16.13 in Q4 2022 and troughed at -$40.27 in Q1 2023.
  • Average Debt to Equity over 4 years is -$1.54, with a median of $0.78 recorded in 2023.
  • Year-over-year, Debt to Equity tumbled 12952.99% in 2023 and surged 231.71% in 2025.
  • Over 4 years, Debt to Equity stood at $16.13 in 2022, then plunged by 95.27% to $0.76 in 2023, then surged by 218.05% to $2.42 in 2024, then plunged by 172.68% to -$1.76 in 2025.
  • Per Business Quant data, the three most recent Debt to Equity figures were -$1.76 in Q4 2025, -$11.47 in Q3 2025, and $2.3 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -16.13
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 0.11
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 2.74
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn -22.31
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 0.78
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 0.06
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 0.63
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 0.05
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 1.46
10 P3 Health Partners 36.19 Mn 25.39 Mn 384.48 Mn -1.76

Historic Data

Download Data
DateValue
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