Growth Metrics

P3 Health Partners (PIIIW) Operating Margin (2020 - 2025)

P3 Health Partners' Operating Margin history spans 6 years, with the latest figure at 39.98% for Q4 2025.

  • For Q4 2025, Operating Margin fell 262.0% year-over-year to 39.98%; the TTM value through Dec 2025 reached 18.53%, up 285.0%, while the annual FY2025 figure was 18.53%, 285.0% up from the prior year.
  • Operating Margin reached 39.98% in Q4 2025 per PIIIW's latest filing, down from 12.81% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 28.72% in Q4 2021 to a low of 848.83% in Q1 2021.
  • Average Operating Margin over 5 years is 82.2%, with a median of 17.08% recorded in 2021.
  • The largest YoY upside for Operating Margin was 82975bps in 2022 against a maximum downside of -33401bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 28.72% in 2021, then plummeted by -824bps to 207.79% in 2022, then soared by 91bps to 18.53% in 2023, then tumbled by -102bps to 37.36% in 2024, then decreased by -7bps to 39.98% in 2025.
  • Per Business Quant, the three most recent readings for PIIIW's Operating Margin are 39.98% (Q4 2025), 12.81% (Q3 2025), and 9.59% (Q2 2025).