P3 Health Partners (PIII) Tax Rate (2026)
P3 Health Partners (PIII) reported Tax Rate of 7.48% for Q2 2026, up 12.23 percentage points from -4.75% a year earlier.
P3 Health Partners (PIII) Tax Rate (2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, P3 Health Partners' Tax Rate came in at -0.85%, up 0.55 percentage points year-over-year; for FY2025, it was -0.63%, up 0.80 percentage points from FY2024.
- Tax Rate has a three-year change of -0.51 percentage points (FY2022 to FY2025).
- By year, Tax Rate came in at -1.43% in FY2024 (+0.03 pp), -1.47% in FY2023 (-1.35 pp) and -0.12% in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Tax Rate in data going back to Q4 2022.
- Year over year, Tax Rate gained in four of the last seven quarters, with an average year-over-year change of +2.45 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2026 (a gain of 12.23 percentage points); the low point was Q1 2024 (a drop of 3.80 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 22.61% |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 21.36% |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 22.59% |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 22.01% |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | 3.51% |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 20.49% |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 21.10% |
| 10 | P3 Health Partners | 48.35 Mn | -9.81 Mn | 86.00 Mn | 7.48% |
P3 Health Partners Tax Rate 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=tax-rate&ticker=PIII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PIII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();