P3 Health Partners (PIII) Free Cash Flow (2021 - 2025)

P3 Health Partners (PIII) reported Free Cash Flow of -$25.5 million for Q4 2025, up 55.4% on a YoY basis from -$16.4 million in Q4 2024, and down 65.64% quarter-over-quarter from -$15.4 million in Q3 2025.

P3 Health Partners (PIII) Free Cash Flow (2021 - 2025) Analysis & Trends

P3 Health Partners has reported Free Cash Flow for 5 years, with the latest figure at -$25.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 55.4% year-over-year to -$25.5 million; the trailing twelve-month figure through Dec 2025 stood at -$91.0 million (up 17.33% YoY), and the FY2025 full-year result was -$91.2 million, up 17.22% from the prior year.
  • Free Cash Flow for Q4 2025 stood at -$25.5 million, down from -$15.4 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$6.8 million in Q3 2021, with the low at -$57.2 million in Q4 2024.
  • Historically, Free Cash Flow has averaged -$23.7 million across 5 years, with a median of -$22.2 million in 2021.
  • The largest YoY upside for Free Cash Flow was 65.89% in 2024 against a maximum downside of 265.36% in 2024.
  • P3 Health Partners' Free Cash Flow stood at -$6.8 million in 2021, then plunged by 369.01% to -$31.9 million in 2022, then jumped by 50.9% to -$15.7 million in 2023, then slumped by 265.36% to -$57.2 million in 2024, then surged by 55.4% to -$25.5 million in 2025.
  • The last three Free Cash Flow figures came in at -$25.5 million (Q4 2025), -$15.4 million (Q3 2025), and -$16.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 895.00 Mn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 1.46 Bn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 218.81 Mn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 150.70 Mn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 90.18 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 184.47 Mn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 1.65 Bn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 71.10 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 149.82 Mn
10 P3 Health Partners 35.57 Mn 24.77 Mn 384.48 Mn -25.53 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -25.53 Mn
Dec 31, 2025 -25.53 Mn
Sep 30, 2025 -15.41 Mn
Sep 30, 2025 -15.41 Mn
Jun 30, 2025 -16.63 Mn
Jun 30, 2025 -16.63 Mn
Mar 31, 2025 -33.47 Mn
Mar 31, 2025 -33.47 Mn
Dec 31, 2024 -57.24 Mn
Dec 31, 2024 -57.24 Mn
Sep 30, 2024 -22.62 Mn
Sep 30, 2024 -22.62 Mn
Jun 30, 2024 -10.24 Mn
Jun 30, 2024 -10.24 Mn
Mar 31, 2024 -20.03 Mn
Mar 31, 2024 -20.03 Mn
Dec 31, 2023 -15.67 Mn
Dec 31, 2023 -15.67 Mn
Sep 30, 2023 -7.97 Mn
Sep 30, 2023 -7.97 Mn