Growth Metrics

P3 Health Partners (PIII) Operating Leases (2020 - 2025)

P3 Health Partners posted quarterly Operating Leases of $13.9 million for Q4 2025, up 22.7% year-on-year from $11.3 million in Q4 2024, and up 15.43% on a QoQ basis from $12.1 million in Q3 2025.

P3 Health Partners (PIII) has 5 years of Operating Leases data on file, last reported at $13.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases rose 22.7% year-over-year to $13.9 million; the trailing twelve-month figure through Dec 2025 stood at $13.9 million (up 22.7% YoY), and the FY2025 full-year result was $13.9 million, up 22.7% from the prior year.
  • Operating Leases for Q4 2025 stood at $13.9 million, up from $12.1 million in the prior quarter.
  • Across five years, Operating Leases topped out at $13.9 million in Q4 2025 and bottomed at $6.3 million in Q1 2022.
  • The 4-year median for Operating Leases is $11.7 million (2022), against an average of $11.6 million.
  • The widest annual swing landed in 2023, when Operating Leases soared 102.63%; it then decreased 17.69% in 2024.
  • A 4-year view of Operating Leases shows it stood at $11.5 million in 2022, then advanced by 18.29% to $13.6 million in 2023, then retreated by 16.76% to $11.3 million in 2024, then advanced by 22.7% to $13.9 million in 2025.
  • The last three Operating Leases figures came in at $13.9 million (Q4 2025), $12.1 million (Q3 2025), and $10.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn
10 P3 Health Partners 102.31 Mn 91.51 Mn 384.48 Mn

Historic Data

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DateValue
Dec 31, 2025 13.91 Mn
Sep 30, 2025 12.05 Mn
Jun 30, 2025 10.31 Mn
Mar 31, 2025 10.98 Mn
Dec 31, 2024 11.34 Mn
Sep 30, 2024 11.16 Mn
Jun 30, 2024 12.19 Mn
Mar 31, 2024 12.94 Mn
Dec 31, 2023 13.62 Mn
Sep 30, 2023 13.56 Mn
Jun 30, 2023 11.80 Mn
Mar 31, 2023 12.82 Mn
Dec 31, 2022 11.52 Mn
Sep 30, 2022 11.16 Mn
Jun 30, 2022 10.58 Mn
Mar 31, 2022 6.33 Mn
Dec 31, 2020 3.63 Mn