P3 Health Partners (PIII) EBT (2021 - 2025)

P3 Health Partners (PIII) reported EBT of -$166.8 million for Q4 2025, down 34.27% on a YoY basis from -$253.7 million in Q4 2024, and down 140.11% quarter-over-quarter from -$69.4 million in Q3 2025.

P3 Health Partners (PIII) EBT (2021 - 2025) Analysis & Trends

P3 Health Partners has reported EBT for 5 years, with the latest figure at -$166.8 million in Q4 2025.

  • For the quarter ending Q4 2025, EBT fell 34.27% year-over-year to -$166.8 million; the trailing twelve-month figure through Dec 2025 stood at -$321.1 million (down 4.92% YoY), and the FY2025 full-year result was -$321.1 million, down 4.92% from the prior year.
  • EBT for Q4 2025 stood at -$166.8 million, down from -$69.4 million in the prior quarter.
  • The five-year high for EBT was $564.4 million in Q4 2021, with the low at -$903.1 million in Q2 2022.
  • Historically, EBT has averaged -$94.6 million across 5 years, with a median of -$49.8 million in 2023.
  • Annual changes were most pronounced in 2022 — EBT tumbled 2965.07% — and 2023, when it jumped 96.97%.
  • P3 Health Partners' EBT stood at $564.4 million in 2021, then slumped by 193.99% to -$530.5 million in 2022, then jumped by 87.31% to -$67.3 million in 2023, then slumped by 84.43% to -$124.2 million in 2024, then tumbled by 34.27% to -$166.8 million in 2025.
  • The last three EBT figures came in at -$166.8 million (Q4 2025), -$69.4 million (Q3 2025), and -$41.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 2.29 Bn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 1.13 Bn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 341.23 Mn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 288.70 Mn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 128.57 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 469.12 Mn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 592.50 Mn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 88.84 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 113.74 Mn
10 P3 Health Partners 35.57 Mn 24.77 Mn 384.48 Mn -166.75 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -166.75 Mn
Sep 30, 2025 -69.45 Mn
Jun 30, 2025 -41.68 Mn
Mar 31, 2025 -43.17 Mn
Dec 31, 2024 -124.20 Mn
Sep 30, 2024 -106.46 Mn
Jun 30, 2024 -27.81 Mn
Mar 31, 2024 -47.53 Mn
Dec 31, 2023 -67.34 Mn
Sep 30, 2023 -36.88 Mn
Jun 30, 2023 -27.36 Mn
Mar 31, 2023 -52.16 Mn
Dec 31, 2022 -530.47 Mn
Sep 30, 2022 -65.33 Mn
Jun 30, 2022 -903.11 Mn
Mar 31, 2022 -60.79 Mn
Dec 2, 2021 564.38 Mn
Sep 30, 2021 -32.05 Mn
Jun 30, 2021 -29.46 Mn
Mar 31, 2021 -24.65 Mn