P3 Health Partners (PIIIW) Net Margin (2021 - 2025)
P3 Health Partners (PIIIW) posted Net Margin of 43.06% for Q4 2025, down 114.04% quarter-over-quarter from 20.12% in Q3 2025, and down 822.0% year-on-year from 5.96% in Q4 2024.
P3 Health Partners (PIIIW) Net Margin (2021 - 2025) Analysis & Trends
P3 Health Partners (PIIIW) has reported Net Margin for 5 consecutive years, with 43.06% the latest figure, recorded in Q4 2025.
- Net Margin for Q4 2025 came in at 43.06%, down 822.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 22.14% (down 146.0% YoY), and the FY2025 annual result was 22.14%, down 146.0% from the prior year.
- Net Margin was 43.06% for Q4 2025 at P3 Health Partners, down from 20.12% in the prior quarter.
- Over five years, Net Margin peaked at 258.96% in Q4 2021 and troughed at 1610.98% in Q1 2021.
- Average Net Margin over 5 years is 109.7%, with a median of 20.02% recorded in 2023.
- The widest YoY moves for Net Margin: up 160712 bps in 2022, down 31478 bps in 2022.
- Over 5 years, Net Margin stood at 258.96% in 2021, then slumped by 180 bps to 206.16% in 2022, then soared by 90 bps to 19.92% in 2023, then sank by 75 bps to 34.84% in 2024, then retreated by 24 bps to 43.06% in 2025.
- Per Business Quant data, the three most recent Net Margin figures were 43.06% in Q4 2025, 20.12% in Q3 2025, and 12.27% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 9.72% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 10.08% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 13.08% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 8.05% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 1.00% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 6.93% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 7.76% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 5.68% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 552.25% |
| 10 | P3 Health Partners | - | - | 384.48 Mn | -43.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -43.06% |
| Sep 30, 2025 | -20.12% |
| Jun 30, 2025 | -12.27% |
| Mar 31, 2025 | -11.86% |
| Dec 31, 2024 | -34.84% |
| Sep 30, 2024 | -28.40% |
| Jun 30, 2024 | -7.59% |
| Mar 31, 2024 | -12.77% |
| Dec 31, 2023 | -19.92% |
| Sep 30, 2023 | -12.93% |
| Jun 30, 2023 | -8.38% |
| Mar 31, 2023 | -17.36% |
| Dec 31, 2022 | -206.16% |
| Sep 30, 2022 | -26.31% |
| Jun 30, 2022 | -335.16% |
| Mar 31, 2022 | -3.87% |
| Sep 30, 2021 | -20.52% |
| Jun 30, 2021 | -20.38% |
| Mar 31, 2021 | -1,610.98% |