P3 Health Partners (PIII) Total Debt (2020 - 2025)
P3 Health Partners (PIII) reported Total Debt of $273.4 million for Q4 2025, up 48.54% on a YoY basis from $184.1 million in Q4 2024, and up 27.58% quarter-over-quarter from $214.3 million in Q3 2025.
P3 Health Partners (PIII) Total Debt (2020 - 2025) Analysis & Trends
P3 Health Partners has reported Total Debt for 5 years, with the latest figure at $273.4 million in Q4 2025.
- For the quarter ending Q4 2025, Total Debt rose 48.54% year-over-year to $273.4 million; the trailing twelve-month figure through Dec 2025 stood at $273.4 million (up 48.54% YoY), and the FY2025 full-year result was $273.4 million, up 48.54% from the prior year.
- Total Debt for Q4 2025 stood at $273.4 million, up from $214.3 million in the prior quarter.
- The five-year high for Total Debt was $273.4 million in Q4 2025, with the low at $80.0 million in Q3 2022.
- Historically, Total Debt has averaged $131.4 million across 4 years, with a median of $108.3 million in 2023.
- Annual changes were most pronounced in 2024 — Total Debt jumped 69.93% — and 2025, when it dropped 23.55%.
- P3 Health Partners' Total Debt stood at $94.4 million in 2022, then increased by 14.72% to $108.3 million in 2023, then jumped by 69.93% to $184.1 million in 2024, then soared by 48.54% to $273.4 million in 2025.
- The last three Total Debt figures came in at $273.4 million (Q4 2025), $214.3 million (Q3 2025), and $102.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 48.02 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 13.21 Bn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 10.63 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 2.57 Bn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 140.75 Mn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 4.71 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 8.48 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 91.20 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 53.39 Mn |
| 10 | P3 Health Partners | 35.57 Mn | 24.77 Mn | 384.48 Mn | 273.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 273.41 Mn |
| Sep 30, 2025 | 214.30 Mn |
| Jun 30, 2025 | 102.41 Mn |
| Mar 31, 2025 | 171.12 Mn |
| Dec 31, 2024 | 184.06 Mn |
| Sep 30, 2024 | 133.44 Mn |
| Jun 30, 2024 | 133.96 Mn |
| Mar 31, 2024 | 119.56 Mn |
| Dec 31, 2023 | 108.32 Mn |
| Sep 30, 2023 | 108.25 Mn |
| Jun 30, 2023 | 108.19 Mn |
| Mar 31, 2023 | 108.13 Mn |
| Dec 31, 2022 | 94.42 Mn |
| Sep 30, 2022 | 80.00 Mn |
| Jun 30, 2022 | 81.18 Mn |
| Mar 31, 2022 | 82.39 Mn |
| Dec 31, 2020 | 45.48 Mn |