P3 Health Partners (PIII) FCF Margin (2021 - 2025)
P3 Health Partners (PIII) reported FCF Margin of 6.63% for Q4 2025, up 881.0% on a YoY basis from 0.68% in Q4 2024, and down 48.61% quarter-over-quarter from 4.46% in Q3 2025.
P3 Health Partners (PIII) FCF Margin (2021 - 2025) Analysis & Trends
P3 Health Partners has reported FCF Margin for 5 years, with the latest figure at 6.63% in Q4 2025.
- For the quarter ending Q4 2025, FCF Margin rose 881.0% year-over-year to 6.63%; the trailing twelve-month figure through Dec 2025 stood at 6.24% (up 110.0% YoY), and the FY2025 full-year result was 6.25%, up 109.0% from the prior year.
- FCF Margin for Q4 2025 stood at 6.63%, down from 4.46% in the prior quarter.
- The five-year high for FCF Margin was 2.7% in Q2 2024, with the low at 900.42% in Q1 2021.
- Historically, FCF Margin has averaged 55.13% across 5 years, with a median of 8.01% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin soared 88994 bps — and 2024, when it slumped 1092 bps.
- P3 Health Partners' FCF Margin stood at 4.36% in 2021, then plunged by 184 bps to 12.36% in 2022, then surged by 63 bps to 4.52% in 2023, then sank by 242 bps to 15.44% in 2024, then jumped by 57 bps to 6.63% in 2025.
- The last three FCF Margin figures came in at 6.63% (Q4 2025), 4.46% (Q3 2025), and 4.67% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 4.68% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 27.22% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 6.41% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 9.50% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.49% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 4.10% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 7,234.71% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.81% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 10.55% |
| 10 | P3 Health Partners | 35.57 Mn | 24.77 Mn | 384.48 Mn | -6.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -6.63% |
| Sep 30, 2025 | -4.46% |
| Jun 30, 2025 | -4.67% |
| Mar 31, 2025 | -8.97% |
| Dec 31, 2024 | -15.44% |
| Sep 30, 2024 | -6.25% |
| Jun 30, 2024 | -2.70% |
| Mar 31, 2024 | -5.16% |
| Dec 31, 2023 | -4.52% |
| Sep 30, 2023 | -2.77% |
| Jun 30, 2023 | -9.13% |
| Mar 31, 2023 | -8.01% |
| Dec 31, 2022 | -12.36% |
| Sep 30, 2022 | -8.80% |
| Jun 30, 2022 | -17.01% |
| Mar 31, 2022 | -10.47% |
| Sep 30, 2021 | -4.36% |
| Jun 30, 2021 | -15.38% |
| Mar 31, 2021 | -900.42% |