P3 Health Partners (PIIIW) FCF Margin (2021 - 2025)
P3 Health Partners' (PIIIW) quarterly FCF Margin came in at 6.63% in Q4 2025, up 881.0% YoY from 0.68% in Q4 2024, and down 2046.62% on a QoQ basis from 0.31% in Q3 2025.
P3 Health Partners (PIIIW) FCF Margin (2021 - 2025) Analysis & Trends
P3 Health Partners (PIIIW) has 5 years of FCF Margin data on file, last reported at 6.63% in Q4 2025.
- Quarterly FCF Margin rose 881.0% year-over-year to 6.63% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 6.25% (up 109.0% YoY) and the FY2025 annual result came in at 6.25%, up 109.0% from the prior year.
- FCF Margin slipped to 6.63% in Q4 2025, from 0.31% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 0.31% in Q3 2025 to a low of 16.49% in Q2 2022.
- A 5-year average of 8.12% and a median of 8.3% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin plunged 1069 bps — and 2025, when it jumped 881 bps.
- Tracing PIIIW's FCF Margin over 5 years: stood at 4.36% in 2021, then slumped by 183 bps to 12.34% in 2022, then surged by 61 bps to 4.75% in 2023, then plunged by 225 bps to 15.44% in 2024, then surged by 57 bps to 6.63% in 2025.
- The last three FCF Margin figures came in at 6.63% (Q4 2025), 0.31% (Q3 2025), and 4.71% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 5.46% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 7.41% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 3.90% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 9.01% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 8.27% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 4.65% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 2.19% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 10.29% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 19.73% |
| 10 | P3 Health Partners | 72,590.00 | 42.30 Mn | 86.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -6.63% |
| Sep 30, 2025 | -0.31% |
| Jun 30, 2025 | -4.71% |
| Mar 31, 2025 | -12.81% |
| Dec 31, 2024 | -15.44% |
| Sep 30, 2024 | -6.26% |
| Jun 30, 2024 | -2.68% |
| Mar 31, 2024 | -5.16% |
| Dec 31, 2023 | -4.75% |
| Sep 30, 2023 | -2.60% |
| Jun 30, 2023 | -8.74% |
| Mar 31, 2023 | -8.30% |
| Dec 31, 2022 | -12.34% |
| Sep 30, 2022 | -8.45% |
| Jun 30, 2022 | -16.49% |
| Mar 31, 2022 | -10.47% |
| Sep 30, 2021 | -4.36% |
| Jun 30, 2021 | -14.69% |
| Mar 31, 2021 | -9.11% |