P3 Health Partners (PIII) EBITDA Margin (2021 - 2026)
P3 Health Partners' EBITDA Margin was 16.12% in Q2 2026, up 19.78 percentage points from -3.67% a year earlier.
P3 Health Partners (PIII) EBITDA Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, P3 Health Partners' EBITDA Margin was -7.26% through Jun 30, 2026, up 8.67 percentage points year-over-year; for FY2025, it was -12.76%, up 2.88 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -7.10 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was -15.64% in FY2024 (-9.22 pp), -6.42% in FY2023 (+134.00 pp), -140.42% in FY2022 and -22.03% in FY2021.
- The Q2 2026 figure marks the highest quarterly EBITDA Margin in data going back to Q1 2021.
- Compared with a year earlier, EBITDA Margin was higher in three of the last seven quarters, with an average year-over-year change of -0.70 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q2 2023 (a gain of 330.70 percentage points); the worst was Q2 2022 (a drop of 312.81 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 19.96% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 30.49% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 24.09% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 4.44% |
| 10 | P3 Health Partners | 49.07 Mn | -9.08 Mn | 86.00 Mn | 16.12% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.12% |
| Dec 31, 2025 | -34.53% |
| Sep 30, 2025 | -6.72% |
| Jun 30, 2025 | -3.67% |
| Mar 31, 2025 | -4.56% |
| Dec 31, 2024 | -31.66% |
| Sep 30, 2024 | -23.56% |
| Jun 30, 2024 | -2.54% |
| Mar 31, 2024 | -5.74% |
| Dec 31, 2023 | -12.29% |
| Sep 30, 2023 | -4.20% |
| Jun 30, 2023 | 0.23% |
| Mar 31, 2023 | -9.03% |
| Dec 31, 2022 | -199.27% |
| Sep 30, 2022 | -15.39% |
| Jun 30, 2022 | -330.47% |
| Mar 31, 2022 | -3.38% |
| Sep 30, 2021 | -17.71% |
| Jun 30, 2021 | -17.67% |
| Mar 31, 2021 | -8.36% |
P3 Health Partners EBITDA Margin 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=ebitda-margin&ticker=PIII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=PIII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();