P3 Health Partners (PIII) FCF Margin (2021 - 2025)

P3 Health Partners (PIII) posted FCF Margin of 6.63% for Q4 2025, down 48.61% quarter-over-quarter from 4.46% in Q3 2025, and up 881.0% year-on-year from 0.68% in Q4 2024.

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

P3 Health Partners (PIII) has reported FCF Margin for 5 consecutive years, with 6.63% the latest figure, recorded in Q4 2025.

  • FCF Margin for Q4 2025 came in at 6.63%, up 881.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 6.24% (up 110.0% YoY), and the FY2025 annual result was 6.25%, up 109.0% from the prior year.
  • FCF Margin was 6.63% for Q4 2025 at P3 Health Partners, down from 4.46% in the prior quarter.
  • Over five years, FCF Margin peaked at 2.7% in Q2 2024 and troughed at 900.42% in Q1 2021.
  • Average FCF Margin over 5 years is 55.13%, with a median of 8.01% recorded in 2023.
  • Year-over-year, FCF Margin surged 88994 bps in 2022 and plunged 1092 bps in 2024.
  • Over 5 years, FCF Margin stood at 4.36% in 2021, then tumbled by 184 bps to 12.36% in 2022, then surged by 63 bps to 4.52% in 2023, then plunged by 242 bps to 15.44% in 2024, then jumped by 57 bps to 6.63% in 2025.
  • Per Business Quant data, the three most recent FCF Margin figures were 6.63% in Q4 2025, 4.46% in Q3 2025, and 4.67% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 4.68%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 10.81%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 27.22%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 6.41%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 9.50%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 6.49%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 4.10%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 10.55%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 20.19%
10 P3 Health Partners 36.19 Mn 25.39 Mn 384.48 Mn -6.63%

Historic Data

Download Data
DateValue
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%