Growth Metrics

P3 Health Partners (PIII) Payables (2020 - 2025)

P3 Health Partners posted quarterly Payables of $11.7 million for Q4 2025, up 38.77% year-on-year from $8.4 million in Q4 2024, and up 16.65% on a QoQ basis from $10.0 million in Q3 2025.

P3 Health Partners (PIII) has 5 years of Payables data on file, last reported at $11.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Payables rose 38.77% year-over-year to $11.7 million; the trailing twelve-month figure through Dec 2025 stood at $11.7 million (up 38.77% YoY), and the FY2025 full-year result was $11.7 million, up 38.77% from the prior year.
  • Payables for Q4 2025 stood at $11.7 million, up from $10.0 million in the prior quarter.
  • Across five years, Payables topped out at $24.1 million in Q1 2022 and bottomed at $8.4 million in Q4 2024.
  • The 4-year median for Payables is $12.0 million (2025), against an average of $13.7 million.
  • The widest annual swing landed in 2023, when Payables sank 57.95%; it then jumped 68.37% in 2025.
  • A 4-year view of Payables shows it stood at $11.5 million in 2022, then dropped by 24.94% to $8.7 million in 2023, then retreated by 2.55% to $8.4 million in 2024, then surged by 38.77% to $11.7 million in 2025.
  • The last three Payables figures came in at $11.7 million (Q4 2025), $10.0 million (Q3 2025), and $14.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 4.81 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 1.34 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 691.26 Mn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 204.00 Mn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 116.13 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 2.36 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 65.70 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 180.66 Mn
10 P3 Health Partners 102.31 Mn 91.51 Mn 384.48 Mn 11.72 Mn

Historic Data

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DateValue
Dec 31, 2025 11.72 Mn
Sep 30, 2025 10.04 Mn
Jun 30, 2025 14.85 Mn
Mar 31, 2025 12.30 Mn
Dec 31, 2024 8.44 Mn
Sep 30, 2024 13.68 Mn
Jun 30, 2024 8.82 Mn
Mar 31, 2024 13.04 Mn
Dec 31, 2023 8.66 Mn
Sep 30, 2023 11.63 Mn
Jun 30, 2023 9.20 Mn
Mar 31, 2023 15.80 Mn
Dec 31, 2022 11.54 Mn
Sep 30, 2022 24.07 Mn
Jun 30, 2022 21.87 Mn
Mar 31, 2022 24.12 Mn
Dec 31, 2020 11.79 Mn