P3 Health Partners (PIII) Invested Capital (2019 - 2025)
P3 Health Partners posted quarterly Invested Capital of $73.2 million for Q4 2025, down 60.41% year-on-year from $184.8 million in Q4 2024, and down 68.74% on a QoQ basis from $234.1 million in Q3 2025.
P3 Health Partners (PIII) has 7 years of Invested Capital data on file, last reported at $73.2 million in Q4 2025.
- For the quarter ending Q4 2025, Invested Capital fell 60.41% year-over-year to $73.2 million; the trailing twelve-month figure through Dec 2025 stood at $73.2 million (down 60.41% YoY), and the FY2025 full-year result was $73.2 million, down 60.41% from the prior year.
- Invested Capital for Q4 2025 stood at $73.2 million, down from $234.1 million in the prior quarter.
- Across five years, Invested Capital topped out at $300.0 million in Q2 2024 and bottomed at -$272.9 million in Q4 2021.
- The 5-year median for Invested Capital is $147.3 million (2022), against an average of $106.2 million.
- The widest annual swing landed in 2023, when Invested Capital plunged 125.48%; it then jumped 1172.14% in 2024.
- A 5-year view of Invested Capital shows it stood at -$272.9 million in 2021, then jumped by 136.74% to $100.3 million in 2022, then surged by 149.76% to $250.4 million in 2023, then declined by 26.2% to $184.8 million in 2024, then plunged by 60.41% to $73.2 million in 2025.
- The last three Invested Capital figures came in at $73.2 million (Q4 2025), $234.1 million (Q3 2025), and $226.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 5.55 Bn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 18.02 Bn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | -363.69 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 5.88 Bn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 2.37 Bn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 12.23 Bn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 28.06 Bn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 847.99 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 1.05 Bn |
| 10 | P3 Health Partners | 102.31 Mn | 91.51 Mn | 384.48 Mn | 73.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 73.17 Mn |
| Sep 30, 2025 | 234.11 Mn |
| Jun 30, 2025 | 226.42 Mn |
| Mar 31, 2025 | 234.37 Mn |
| Dec 31, 2024 | 184.84 Mn |
| Sep 30, 2024 | 253.74 Mn |
| Jun 30, 2024 | 299.96 Mn |
| Mar 31, 2024 | 264.72 Mn |
| Dec 31, 2023 | 250.45 Mn |
| Sep 30, 2023 | 296.20 Mn |
| Jun 30, 2023 | -27.98 Mn |
| Mar 31, 2023 | 105.44 Mn |
| Dec 31, 2022 | 100.28 Mn |
| Sep 30, 2022 | 78.08 Mn |
| Jun 30, 2022 | 109.80 Mn |
| Mar 31, 2022 | 265.37 Mn |
| Dec 2, 2021 | -272.92 Mn |
| Sep 30, 2021 | -215.01 Mn |
| Jun 30, 2021 | -183.31 Mn |
| Mar 31, 2021 | -154.41 Mn |
| Dec 31, 2020 | -130.13 Mn |
| Dec 31, 2019 | -99.07 Mn |