P3 Health Partners (PIIIW) EBIT Margin (2021 - 2026)

P3 Health Partners' (PIIIW) quarterly EBIT Margin came in at 39.98% in Q4 2025, down 262.0% YoY from 24.68% in Q4 2024, and down 212.16% on a QoQ basis from 12.81% in Q3 2025.

P3 Health Partners (PIIIW) EBIT Margin (2021 - 2026) Analysis & Trends

P3 Health Partners (PIIIW) has 5 years of EBIT Margin data on file, last reported at 39.98% in Q4 2025.

  • Quarterly EBIT Margin fell 262.0% year-over-year to 39.98% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 18.53% (up 285.0% YoY) and the FY2025 annual result came in at 18.53%, up 285.0% from the prior year.
  • EBIT Margin slipped to 39.98% in Q4 2025, from 12.81% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 6.39% in Q2 2023 to a low of 338.53% in Q2 2022.
  • A 5-year average of 42.87% and a median of 16.66% in 2021 frame the typical range for EBIT Margin.
  • Annual changes were most pronounced in 2022 — EBIT Margin sank 32138 bps — and 2023, when it surged 33214 bps.
  • Tracing PIIIW's EBIT Margin over 5 years: stood at 12.33% in 2021, then sank by 1585 bps to 207.79% in 2022, then jumped by 91 bps to 18.53% in 2023, then slumped by 102 bps to 37.36% in 2024, then fell by 7 bps to 39.98% in 2025.
  • The last three EBIT Margin figures came in at 39.98% (Q4 2025), 12.81% (Q3 2025), and 9.59% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn -12.60%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 26.67%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 2.10%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 16.29%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 8.50%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 11.14%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 7.66%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 13.25%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 18.99%
10 P3 Health Partners 72,590.00 42.30 Mn 86.00 Mn 10.67%

Historic Data

Download Data
DateValue
Jun 30, 2026 10.67%
Dec 31, 2025 -39.98%
Sep 30, 2025 -12.81%
Jun 30, 2025 -9.59%
Mar 31, 2025 -10.21%
Dec 31, 2024 -37.36%
Sep 30, 2024 -29.55%
Jun 30, 2024 -8.26%
Mar 31, 2024 -11.28%
Dec 31, 2023 -18.53%
Sep 30, 2023 -11.73%
Jun 30, 2023 -6.39%
Mar 31, 2023 -16.16%
Dec 31, 2022 -207.79%
Sep 30, 2022 -24.17%
Jun 30, 2022 -338.53%
Mar 31, 2022 -19.07%
Dec 2, 2021 -12.33%
Sep 30, 2021 -18.01%
Jun 30, 2021 -17.15%