Growth Metrics

P3 Health Partners (PIII) Total Liabilities (2019 - 2025)

P3 Health Partners posted quarterly Total Liabilities of $796.9 million for Q4 2025, up 25.71% year-on-year from $633.9 million in Q4 2024, and up 19.9% on a QoQ basis from $664.6 million in Q3 2025.

P3 Health Partners (PIII) has 7 years of Total Liabilities data on file, last reported at $796.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Total Liabilities rose 25.71% year-over-year to $796.9 million; the trailing twelve-month figure through Dec 2025 stood at $796.9 million (up 25.71% YoY), and the FY2025 full-year result was $796.9 million, up 25.71% from the prior year.
  • Total Liabilities for Q4 2025 stood at $796.9 million, up from $664.6 million in the prior quarter.
  • Across five years, Total Liabilities topped out at $796.9 million in Q4 2025 and bottomed at $6.0 million in Q1 2021.
  • The 5-year median for Total Liabilities is $396.1 million (2023), against an average of $411.4 million.
  • The widest annual swing landed in 2022, when Total Liabilities jumped 5579.97%; it then climbed 15.03% in 2023.
  • A 5-year view of Total Liabilities shows it stood at $272.9 million in 2021, then gained by 29.68% to $353.9 million in 2022, then rose by 20.74% to $427.3 million in 2023, then soared by 48.35% to $633.9 million in 2024, then increased by 25.71% to $796.9 million in 2025.
  • The last three Total Liabilities figures came in at $796.9 million (Q4 2025), $664.6 million (Q3 2025), and $644.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 64.43 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 22.35 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 16.45 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 3.95 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 3.24 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 8.22 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 19.46 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 687.82 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 4.62 Bn
10 P3 Health Partners 102.31 Mn 91.51 Mn 384.48 Mn 796.88 Mn

Historic Data

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DateValue
Dec 31, 2025 796.88 Mn
Sep 30, 2025 664.64 Mn
Jun 30, 2025 644.41 Mn
Mar 31, 2025 662.79 Mn
Dec 31, 2024 633.89 Mn
Sep 30, 2024 569.42 Mn
Jun 30, 2024 527.93 Mn
Mar 31, 2024 470.49 Mn
Dec 31, 2023 427.31 Mn
Sep 30, 2023 395.86 Mn
Jun 30, 2023 377.89 Mn
Mar 31, 2023 396.38 Mn
Dec 31, 2022 353.91 Mn
Sep 30, 2022 330.98 Mn
Jun 30, 2022 328.51 Mn
Mar 31, 2022 341.55 Mn
Dec 2, 2021 272.92 Mn
Sep 30, 2021 10.61 Mn
Jun 30, 2021 15.92 Mn
Mar 31, 2021 6.01 Mn
Dec 31, 2020 145.96 Mn
Dec 31, 2019 99.07 Mn