P3 Health Partners (PIII) Return on Invested Capital [ROIC] (2022 - 2026)
P3 Health Partners (PIII) recorded Return on Invested Capital [ROIC] of -122.57% in Q2 2026, up 14.96 percentage points from -137.52% a year earlier.
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Analysis
P3 Health Partners (PIII) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, P3 Health Partners reported Return on Invested Capital [ROIC] of -142.95%, down 17.31 percentage points from FY2024.
- Across earlier years, Return on Invested Capital [ROIC] came in at -125.64% in FY2024 (-29.88 pp) and -95.76% in FY2023.
- Quarterly Return on Invested Capital [ROIC] has ranged from -1720.58% in Q2 2023 to -61.11% in Q2 2024 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in two of the last seven quarters, with an average year-over-year change of +21.33 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 1659.47 percentage points in Q2 2024, against a drop of 76.41 percentage points in Q2 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 21.76% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -9.90% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 8.35% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 9.85% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | - |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 10.04% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -57.17% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 11.80% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 16.52% |
| 10 | P3 Health Partners | 25.02 Mn | -440,619.15 | 50.34 Mn | -35.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -35.01% |
| Jun 30, 2026 | -78.28% |
| Mar 31, 2026 | -150.87% |
| Dec 31, 2025 | -153.41% |
| Sep 30, 2025 | -110.58% |
| Jun 30, 2025 | -137.52% |
| Mar 31, 2025 | -127.20% |
| Dec 31, 2024 | -124.78% |
| Sep 30, 2024 | -88.84% |
| Jun 30, 2024 | -61.11% |
| Mar 31, 2024 | -63.08% |
| Dec 31, 2023 | -61.44% |
| Sep 30, 2023 | -477.39% |
| Jun 30, 2023 | -1,720.58% |
| Mar 31, 2023 | -1,514.28% |
| Dec 31, 2022 | -1,208.37% |
API Access
P3 Health Partners Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PIII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PIII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();