P3 Health Partners (PIII) Total Debt (2020 - 2026)
P3 Health Partners' (PIII) quarterly Total Debt came in at $273.4 million in Q4 2025, up 48.54% YoY from $184.1 million in Q4 2024, and up 8.15% on a QoQ basis from $252.8 million in Q3 2025.
Analysis
P3 Health Partners (PIII) Total Debt (2020 - 2026) Analysis & Trends
P3 Health Partners (PIII) has 5 years of Total Debt data on file, last reported at $273.4 million in Q4 2025.
- Quarterly Total Debt rose 48.54% year-over-year to $273.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $273.4 million (up 48.54% YoY) and the FY2025 annual result came in at $273.4 million, up 48.54% from the prior year.
- Total Debt climbed to $273.4 million in Q4 2025, from $252.8 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $273.4 million in Q4 2025 to a low of $80.0 million in Q3 2022.
- A 4-year average of $143.7 million and a median of $113.9 million in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt rose 10.58% — and 2025, when it soared 95.56%.
- Tracing PIII's Total Debt over 4 years: 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), $252.8 million (Q3 2025), and $262.0 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 52.09 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 13.25 Bn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 2.63 Bn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 10.78 Bn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 5.67 Bn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 139.74 Mn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 140.00 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 246.09 Mn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 1.57 Bn |
| 10 | P3 Health Partners | 31.00 Mn | 8.78 Mn | 86.00 Mn | 141.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 141.65 Mn |
| Dec 31, 2025 | 318.45 Mn |
| Sep 30, 2025 | 291.41 Mn |
| Jun 30, 2025 | 261.96 Mn |
| Mar 31, 2025 | 236.12 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 |