Growth Metrics

P3 Health Partners (PIII) Total Non-Current Liabilities (2020 - 2025)

P3 Health Partners posted quarterly Total Non-Current Liabilities of $794.4 million for Q4 2025, up 27.4% year-on-year from $623.6 million in Q4 2024, and up 20.9% on a QoQ basis from $657.1 million in Q3 2025.

P3 Health Partners (PIII) has 6 years of Total Non-Current Liabilities data on file, last reported at $794.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Total Non-Current Liabilities rose 27.4% year-over-year to $794.4 million; the trailing twelve-month figure through Dec 2025 stood at $794.4 million (up 27.4% YoY), and the FY2025 full-year result was $794.4 million, up 27.4% from the prior year.
  • Total Non-Current Liabilities for Q4 2025 stood at $794.4 million, up from $657.1 million in the prior quarter.
  • Across five years, Total Non-Current Liabilities topped out at $794.4 million in Q4 2025 and bottomed at $175612.0 in Q1 2021.
  • The 5-year median for Total Non-Current Liabilities is $391.5 million (2023), against an average of $364.0 million.
  • The widest annual swing landed in 2022, when Total Non-Current Liabilities surged 60914.77%; it then gained 15.4% in 2025.
  • A 5-year view of Total Non-Current Liabilities shows it stood at $390352.0 in 2021, then surged by 28655.58% to $112.2 million in 2022, then jumped by 280.68% to $427.3 million in 2023, then jumped by 45.93% to $623.6 million in 2024, then climbed by 27.4% to $794.4 million in 2025.
  • The last three Total Non-Current Liabilities figures came in at $794.4 million (Q4 2025), $657.1 million (Q3 2025), and $639.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 20.66 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 16.36 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 3.73 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 3.06 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 7.68 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 12.19 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 674.30 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 4.46 Bn
10 P3 Health Partners 102.31 Mn 91.51 Mn 384.48 Mn 794.41 Mn

Historic Data

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DateValue
Dec 31, 2025 794.41 Mn
Sep 30, 2025 657.11 Mn
Jun 30, 2025 639.42 Mn
Mar 31, 2025 655.80 Mn
Dec 31, 2024 623.58 Mn
Sep 30, 2024 569.42 Mn
Jun 30, 2024 502.48 Mn
Mar 31, 2024 465.59 Mn
Dec 31, 2023 427.31 Mn
Sep 30, 2023 390.95 Mn
Jun 30, 2023 375.29 Mn
Mar 31, 2023 391.48 Mn
Dec 31, 2022 112.25 Mn
Sep 30, 2022 103.84 Mn
Jun 30, 2022 99.68 Mn
Mar 31, 2022 107.15 Mn
Sep 30, 2021 390,352.00
Jun 30, 2021 186,382.00
Mar 31, 2021 175,612.00
Dec 31, 2020 55.34 Mn