Growth Metrics

P3 Health Partners (PIII) Equity Average (2020 - 2025)

P3 Health Partners posted quarterly Equity Average of -$86.9 million for Q4 2025, down 188.51% year-on-year from $98.2 million in Q4 2024, and down 774.68% on a QoQ basis from $12.9 million in Q3 2025.

P3 Health Partners (PIII) has 6 years of Equity Average data on file, last reported at -$86.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Equity Average fell 188.51% year-over-year to -$86.9 million; the trailing twelve-month figure through Dec 2025 stood at -$86.9 million (down 188.51% YoY), and the FY2025 full-year result was -$39.6 million, down 136.35% from the prior year.
  • Equity Average for Q4 2025 stood at -$86.9 million, down from $12.9 million in the prior quarter.
  • Across five years, Equity Average topped out at $185.8 million in Q2 2022 and bottomed at -$244.0 million in Q4 2021.
  • The 5-year median for Equity Average is $33.9 million (2022), against an average of $13.9 million.
  • The widest annual swing landed in 2024, when Equity Average jumped 9010.95%; it then plunged 188.51% in 2025.
  • A 5-year view of Equity Average shows it stood at -$244.0 million in 2021, then jumped by 117.2% to $42.0 million in 2022, then surged by 293.27% to $165.0 million in 2023, then sank by 40.48% to $98.2 million in 2024, then slumped by 188.51% to -$86.9 million in 2025.
  • The last three Equity Average figures came in at -$86.9 million (Q4 2025), $12.9 million (Q3 2025), and $53.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -4.50 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 4.52 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn -563.71 Mn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 3.26 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 2.30 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 7.40 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 15.32 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 913.70 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 994.48 Mn
10 P3 Health Partners 102.31 Mn 91.51 Mn 384.48 Mn -86.94 Mn

Historic Data

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DateValue
Dec 31, 2025 -86.94 Mn
Sep 30, 2025 12.89 Mn
Jun 30, 2025 53.85 Mn
Mar 31, 2025 69.59 Mn
Dec 31, 2024 98.23 Mn
Sep 30, 2024 143.68 Mn
Jun 30, 2024 156.72 Mn
Mar 31, 2024 144.36 Mn
Dec 31, 2023 165.04 Mn
Sep 30, 2023 25.89 Mn
Jun 30, 2023 -69.43 Mn
Mar 31, 2023 1.58 Mn
Dec 31, 2022 41.97 Mn
Sep 30, 2022 93.35 Mn
Jun 30, 2022 185.80 Mn
Mar 31, 2022 -4.97 Mn
Dec 2, 2021 -243.96 Mn
Sep 30, 2021 -199.16 Mn
Jun 30, 2021 -168.86 Mn
Mar 31, 2021 -142.31 Mn
Dec 31, 2020 -114.65 Mn