P3 Health Partners (PIIIW) Gross Margin (2021 - 2025)
P3 Health Partners (PIIIW) posted Gross Margin of 99.91% for Q4 2025, little changed quarter-over-quarter from 99.93% in Q3 2025, and up 42035.0% year-on-year from N/an in Q4 2024.
P3 Health Partners (PIIIW) Gross Margin (2021 - 2025) Analysis & Trends
P3 Health Partners (PIIIW) has reported Gross Margin for 5 consecutive years, with 99.91% the latest figure, recorded in Q4 2025.
- Gross Margin for Q4 2025 came in at 99.91%, up 42035.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 50.38% (up 7862.0% YoY), and the FY2025 annual result was 99.94%, up 10386.0% from the prior year.
- Gross Margin was 99.91% for Q4 2025 at P3 Health Partners, roughly flat from 99.93% in the prior quarter.
- Over five years, Gross Margin peaked at 258.96% in Q4 2021 and troughed at 320.44% in Q4 2024.
- Average Gross Margin over 5 years is 15.53%, with a median of 3.43% recorded in 2023.
- Year-over-year, Gross Margin tumbled 31444 bps in 2024 and surged 42035 bps in 2025.
- Over 5 years, Gross Margin stood at 258.96% in 2021, then tumbled by 219 bps to 308.13% in 2022, then surged by 98 bps to 6.0% in 2023, then sank by 5239 bps to 320.44% in 2024, then jumped by 131 bps to 99.91% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 99.91% in Q4 2025, 99.93% in Q3 2025, and 1.25% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 85.07% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 32.82% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 82.10% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 31.42% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 84.75% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 21.12% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 71.44% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 24.35% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 74.36% |
| 10 | P3 Health Partners | - | - | 384.48 Mn | 99.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 99.91% |
| Sep 30, 2025 | 99.93% |
| Jun 30, 2025 | 1.25% |
| Mar 31, 2025 | 0.32% |
| Dec 31, 2024 | -320.44% |
| Sep 30, 2024 | 99.96% |
| Jun 30, 2024 | 3.69% |
| Mar 31, 2024 | 99.92% |
| Dec 31, 2023 | -6.00% |
| Sep 30, 2023 | 3.17% |
| Jun 30, 2023 | 99.74% |
| Mar 31, 2023 | 5.46% |
| Dec 31, 2022 | -308.13% |
| Sep 30, 2022 | -2.63% |
| Jun 30, 2022 | 0.74% |
| Mar 31, 2022 | 99.68% |
| Dec 2, 2021 | 258.96% |
| Sep 30, 2021 | -3.29% |
| Jun 30, 2021 | -4.01% |
| Mar 31, 2021 | 82.34% |