P3 Health Partners (PIIIW) EBITDA Margin (2021 - 2025)
P3 Health Partners (PIIIW) reported EBITDA Margin of 39.85% for Q4 2025, down 268.0% on a YoY basis from 23.72% in Q4 2024, and down 214.71% quarter-over-quarter from 12.66% in Q3 2025.
P3 Health Partners (PIIIW) EBITDA Margin (2021 - 2025) Analysis & Trends
P3 Health Partners has reported EBITDA Margin for 5 years, with the latest figure at 39.85% in Q4 2025.
- For the quarter ending Q4 2025, EBITDA Margin fell 268.0% year-over-year to 39.85%; the trailing twelve-month figure through Dec 2025 stood at 18.37% (up 284.0% YoY), and the FY2025 full-year result was 18.37%, up 284.0% from the prior year.
- EBITDA Margin for Q4 2025 stood at 39.85%, down from 12.66% in the prior quarter.
- The five-year high for EBITDA Margin was 258.96% in Q4 2021, with the low at 827.09% in Q1 2021.
- Historically, EBITDA Margin has averaged 70.13% across 5 years, with a median of 17.98% in 2021.
- The largest YoY upside for EBITDA Margin was 80824 bps in 2022 against a maximum downside of 32035 bps in 2022.
- P3 Health Partners' EBITDA Margin stood at 258.96% in 2021, then tumbled by 180 bps to 207.56% in 2022, then surged by 91 bps to 18.38% in 2023, then sank by 102 bps to 37.18% in 2024, then dropped by 7 bps to 39.85% in 2025.
- The last three EBITDA Margin figures came in at 39.85% (Q4 2025), 12.66% (Q3 2025), and 9.42% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 4,926.74% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 15.04% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 8.45% |
| 10 | P3 Health Partners | - | - | 384.48 Mn | -39.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -39.85% |
| Sep 30, 2025 | -12.66% |
| Jun 30, 2025 | -9.42% |
| Mar 31, 2025 | -10.04% |
| Dec 31, 2024 | -37.18% |
| Sep 30, 2024 | -29.38% |
| Jun 30, 2024 | -8.11% |
| Mar 31, 2024 | -11.15% |
| Dec 31, 2023 | -18.38% |
| Sep 30, 2023 | -11.56% |
| Jun 30, 2023 | -6.21% |
| Mar 31, 2023 | -15.96% |
| Dec 31, 2022 | -207.56% |
| Sep 30, 2022 | -23.89% |
| Jun 30, 2022 | -338.31% |
| Mar 31, 2022 | -18.85% |
| Dec 2, 2021 | 258.96% |
| Sep 30, 2021 | -18.01% |
| Jun 30, 2021 | -17.96% |
| Mar 31, 2021 | -827.09% |