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
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%