P3 Health Partners Inc.

P3 Health Partners Inc.

PIII
P3 Health Partners Inc.US flagNASDAQ
4.11
USD
+0.14
- -
13.46MMarket Cap
P3 Health Partners Inc.
PIII
(NASDAQ)

Recent

price

4.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
64.33
106.72
360.23
- -
1,261.38
667.29
516.77
446.34
455.44
Revenue per Share
-32.13
-30.79
-23.04
- -
-324.67
-30.44
-46.79
-45.26
-32.73
Basic EPS, GAAP
-23.87
-21.82
-20.19
- -
-154.15
-41.02
-37.93
-27.91
-39.55
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
6.62
-47.52
328.96
7.04
60.95
23.31
-47.23
-23.59
Book Value per Share
- -
5.73
-48.57
-2,251.19
-896.12
-224.98
-153.02
-197.07
-139.3
Tangible Book Value per Share
1
1
1
- -
1
2
3
3
3
Basic Weighted Avg Shares
88
145
491
- -
1,049
1,266
1,500
1,459
1,503
Sales/Revenue/Turnover
-56.69
-27.18
-5.82
- -
-23.44
-13.26
-20.83
-18.53
-9.89
Operating Margin (%)
- -
- -
1
- -
87
87
86
84
84
Depreciation Expense
-44
-42
-31
- -
-270
-58
-136
-148
-98
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
7.48
Effective Tax Rate (%)
-49.95
-28.85
-6.4
- -
-25.74
-4.56
-9.05
-10.14
-6.55
Profit Margin (%)
- -
-2
- -
1
-141
-133
-312
-412
-209
Working Capital
- -
19
49
86
106
122
120
240
108
LT Debt
- -
-8
-40
2,064
523
434
150
-140
138
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
108.94
Return on Capital (%)
- -
-1,524.99
- -
- -
-193.36
-78.08
-124.59
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
45
52
22
LT Borrowings
228
260
98
LT Finance Leases
11
11
10
Preferred Equity and Hybrid Capital
- -
- -
164
Shares Outstanding
3
3
4
Market Capitalization
11
10
42

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
133
172
179
Cash, Cash Equivalents & STI
25
25
21
Accounts Receivable, Net
92
125
135
Inventories
- -
- -
- -
Total Current Liabilities
545
525
389
Payables & Accruals
414
392
294
ST Debt
45
52
22
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-1,134.83%
-193.78%
Free Cash Flow
- -
- -
-17.15%
Net Income, GAAP
- -
- -
8.91%
Sales/Revenue/Turnover
- -
- -
-2.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
388
379
362
371
1,500
2025
373
356
345
385
1,459
2026
386
386
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-7.86
-4.4
-14.37
-18.02
-46.79
2025
-6.28
-6.23
-9.67
-23.02
-45.26
2026
0.37
-0.63
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
P3 Health Partners Inc. (NASDAQ: PIII) is a patient-centered, physician-led population health management company that supports primary care providers with value-based care coordination, administrative services, and technology platforms to improve patient outcomes and reduce costs. Founded in 2015 and headquartered in Henderson, Nevada, the company operates clinics and wellness centers across multiple states including Nevada, Arizona, Oregon, Florida, and California, managing approximately 116,000 at-risk Medicare members through partnerships with over 2,700 affiliated primary care providers (PCPs) in 24 counties. P3 offers capitated revenue arrangements under a fully delegated risk model; care management services including personalized plans, care transitions, chronic disease management, and population health analytics; preventive care programs with education, screenings, and lifestyle support; data integration tools from electronic health records (EHR) and predictive analytics; coordinated care teams addressing social determinants of health; and community outreach initiatives such as health fairs and media appearances. In recent developments, P3 formed a strategic partnership with Innovaccer in June 2024 to deploy the Healthcare AI Platform for personalized interventions and cost management; entered a joint venture with Commonwealth Primary Care in December 2025 to expand into new markets and enhance ACO performance; implemented a 1-for-50 reverse stock split in April 2025; provided preliminary 2025 guidance targeting profitability with $1.4-1.45 billion in revenue and execution of $120-170 million in EBITDA expansion initiatives; and reported third quarter 2025 results showing stable medical cost trends, $345 million in revenue, and positive momentum in its Care Enablement Model.

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