P3 Health Partners (PIII) Net Margin (2021 - 2026)
P3 Health Partners (PIII) recorded Net Margin of -0.55% in Q2 2026, up 5.17 percentage points from -5.72% a year earlier.
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Analysis
P3 Health Partners (PIII) Net Margin (2021 - 2026) Analysis & Trends
On a TTM basis, P3 Health Partners' Net Margin came in at -8.80% as of Jun 30, 2026, up 1.18 percentage points year-over-year; for FY2025, it came in at -10.14%, down 1.09 percentage points from FY2024.
- Annual Net Margin has a five-year change of -3.74 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -9.05% in FY2024 (-4.49 pp), -4.56% in FY2023 (+21.18 pp), -25.74% in FY2022 and -25.30% in FY2021.
- The Q2 2026 figure is the highest quarterly Net Margin in data going back to Q1 2021.
- On a year-over-year basis, Net Margin rose in two of the last seven quarters, with an average year-over-year change of -2.13 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 54.30 percentage points in Q2 2023, against a drop of 36.90 percentage points in Q2 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 8.40% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -8.90% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 10.52% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 8.01% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -35.87% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 14.68% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 1.48% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 9.63% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 2.18% |
| 10 | P3 Health Partners | 49.07 Mn | -9.08 Mn | 86.00 Mn | -0.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.55% |
| Dec 31, 2025 | -19.62% |
| Sep 30, 2025 | -9.15% |
| Jun 30, 2025 | -5.72% |
| Mar 31, 2025 | -5.49% |
| Dec 31, 2024 | -15.81% |
| Sep 30, 2024 | -12.84% |
| Jun 30, 2024 | -3.17% |
| Mar 31, 2024 | -4.81% |
| Dec 31, 2023 | -7.34% |
| Sep 30, 2023 | -4.61% |
| Jun 30, 2023 | -2.98% |
| Mar 31, 2023 | -3.05% |
| Dec 31, 2022 | -36.41% |
| Sep 30, 2022 | -4.50% |
| Jun 30, 2022 | -57.28% |
| Mar 31, 2022 | -3.87% |
| Sep 30, 2021 | -20.52% |
| Jun 30, 2021 | -20.38% |
| Mar 31, 2021 | -16.29% |
API Access
P3 Health Partners Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PIII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PIII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PIII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();