Growth Metrics

P3 Health Partners (PIII) Tax Rate (2022 - 2025)

P3 Health Partners posted quarterly Tax Rate of 0.62% for Q4 2025, up 461.0% year-on-year from 0.11% in Q4 2024, and up 4037.65% on a QoQ basis from 0.02% in Q3 2025.

P3 Health Partners (PIII) has 4 years of Tax Rate data on file, last reported at 0.62% in Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate rose 461.0% year-over-year to 0.62%; the trailing twelve-month figure through Dec 2025 stood at 0.63% (up 80.0% YoY), and the FY2025 full-year result was 0.63%, up 80.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 0.62%, up from 0.02% in the prior quarter.
  • Across five years, Tax Rate topped out at 3.39% in Q3 2024 and bottomed at 4.75% in Q2 2025.
  • The 4-year median for Tax Rate is 1.12% (2023), against an average of 1.58%.
  • The widest annual swing landed in 2024, when Tax Rate sank 380 bps; it then surged 461 bps in 2025.
  • A 4-year view of Tax Rate shows it stood at 0.35% in 2022, then tumbled by 648 bps to 2.62% in 2023, then slumped by 52 bps to 3.99% in 2024, then soared by 116 bps to 0.62% in 2025.
  • The last three Tax Rate figures came in at 0.62% (Q4 2025), 0.02% (Q3 2025), and 4.75% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 18.80
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 19.96
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 19.40
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 19.54
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 22.41
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 23.54
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 88.41
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 25.37
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 29.07
10 P3 Health Partners 102.31 Mn 91.51 Mn 384.48 Mn 0.62

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 0.62
Dec 31, 2025 0.62
Sep 30, 2025 -0.02
Sep 30, 2025 -0.02
Jun 30, 2025 -4.75
Jun 30, 2025 -4.75
Mar 31, 2025 -2.49
Mar 31, 2025 -2.49
Dec 31, 2024 -3.99
Dec 31, 2024 -3.99
Sep 30, 2024 3.39
Sep 30, 2024 3.39
Jun 30, 2024 -3.48
Jun 30, 2024 -3.48
Mar 31, 2024 -4.36
Mar 31, 2024 -4.36
Dec 31, 2023 -2.62
Dec 31, 2023 -2.62
Sep 30, 2023 -1.12
Sep 30, 2023 -1.12
Jun 30, 2023 -0.83
Jun 30, 2023 -0.83
Mar 31, 2023 -0.56
Mar 31, 2023 -0.56
Dec 31, 2022 -0.35
Dec 31, 2022 -0.35