P3 Health Partners (PIIIW) Free Cash Flow (2021 - 2025)
P3 Health Partners (PIIIW) reported Free Cash Flow of -$25.5 million for Q4 2025, up 55.4% on a YoY basis from -$16.4 million in Q4 2024, and down 65.64% quarter-over-quarter from -$15.4 million in Q3 2025.
P3 Health Partners (PIIIW) Free Cash Flow (2021 - 2025) Analysis & Trends
P3 Health Partners has reported Free Cash Flow for 5 years, with the latest figure at -$25.5 million in Q4 2025.
- For the quarter ending Q4 2025, Free Cash Flow rose 55.4% year-over-year to -$25.5 million; the trailing twelve-month figure through Dec 2025 stood at -$91.0 million (up 17.33% YoY), and the FY2025 full-year result was -$91.2 million, up 17.22% from the prior year.
- Free Cash Flow for Q4 2025 stood at -$25.5 million, down from -$15.4 million in the prior quarter.
- The five-year high for Free Cash Flow was -$6.8 million in Q3 2021, with the low at -$57.2 million in Q4 2024.
- Historically, Free Cash Flow has averaged -$23.7 million across 5 years, with a median of -$22.2 million in 2021.
- The largest YoY upside for Free Cash Flow was 65.89% in 2024 against a maximum downside of 265.36% in 2024.
- P3 Health Partners' Free Cash Flow stood at -$6.8 million in 2021, then plunged by 369.01% to -$31.9 million in 2022, then jumped by 50.9% to -$15.7 million in 2023, then slumped by 265.36% to -$57.2 million in 2024, then surged by 55.4% to -$25.5 million in 2025.
- The last three Free Cash Flow figures came in at -$25.5 million (Q4 2025), -$15.4 million (Q3 2025), and -$16.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 895.00 Mn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 1.46 Bn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 218.81 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 150.70 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 90.18 Mn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 184.47 Mn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 1.65 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 71.10 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 149.82 Mn |
| 10 | P3 Health Partners | - | - | 384.48 Mn | -25.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -25.53 Mn |
| Dec 31, 2025 | -25.53 Mn |
| Sep 30, 2025 | -15.41 Mn |
| Sep 30, 2025 | -15.41 Mn |
| Jun 30, 2025 | -16.63 Mn |
| Jun 30, 2025 | -16.63 Mn |
| Mar 31, 2025 | -33.47 Mn |
| Mar 31, 2025 | -33.47 Mn |
| Dec 31, 2024 | -57.24 Mn |
| Dec 31, 2024 | -57.24 Mn |
| Sep 30, 2024 | -22.62 Mn |
| Sep 30, 2024 | -22.62 Mn |
| Jun 30, 2024 | -10.24 Mn |
| Jun 30, 2024 | -10.24 Mn |
| Mar 31, 2024 | -20.03 Mn |
| Mar 31, 2024 | -20.03 Mn |
| Dec 31, 2023 | -15.67 Mn |
| Dec 31, 2023 | -15.67 Mn |
| Sep 30, 2023 | -7.97 Mn |
| Sep 30, 2023 | -7.97 Mn |