Last 22 quarters of trend data · Healthcare · Medical - Care Facilities
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -0.07 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.04 | 0.04 | 0.08 | 0.12 | 0.14 | 0.24 | 0.04 | 0.07 |
| — | -51.8% | -65.5% | -77.1% | -78.9% | -69.1% | -82.8% | +114.4% | +58.2% | -26.6% | +70.1% | -87.7% | -81.2% | |
| P/B Ratio | 0.07 | 1.54 | 0.24 | 0.22 | 0.24 | 0.24 | 0.17 | 0.32 | 0.37 | 0.33 | 0.60 | 0.09 | 0.15 |
| — | +540.8% | +35.7% | -30.0% | -34.7% | -26.3% | -71.2% | +237.0% | +156.1% | +79.0% | +336.4% | -42.0% | +3.2% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | 127.63 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
P3 Health Partners Inc.'s operating margin was -12.8% in Q3 2025, down 3.2 pp QoQ and up 16.7 pp YoY. The trailing four-quarter average of -17.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 107.1% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | -7.1% | 100.0% | -1.5% | 100.0% | 100.0% | 3.7% | -3.9% | -12.2% | 100.0% | 100.0% | 100.0% | 100.0% |
| — | -107.1% | +2611.0% | +60.2% | +917.1% | 0.0% | -96.3% | -103.9% | -112.2% | +3909.4% | 0.0% | 0.0% | +1279.1% | |
| Operating Margin | -21.4% | -12.8% | -9.6% | -10.2% | -37.4% | -29.5% | -8.3% | -11.3% | -18.5% | -11.7% | -6.4% | -16.2% | -207.8% |
| — | +56.6% | -16.1% | +9.5% | -101.7% | -151.9% | -29.3% | +30.2% | +91.1% | +51.5% | +98.1% | +15.3% | -218.6% | |
| Net Margin | -9.1% | -9.1% | -5.7% | -5.5% | -15.8% | -12.8% | -3.2% | -4.8% | -7.3% | -4.6% | -3.0% | -3.0% | -36.4% |
| — | +28.8% | -80.5% | -14.0% | -115.4% | -178.6% | -6.3% | -58.1% | +79.8% | -2.5% | +94.8% | +21.2% | +4.0% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -46.6% | -59.5% | -19.6% | -15.1% | -28.4% | -14.8% | -3.2% | -4.6% | -5.4% | -2.6% | -2.0% | -1.9% | -11.9% |
| — | -302.4% | -510.3% | -231.5% | -420.5% | -474.2% | -63.6% | -146.6% | +54.4% | -150.0% | +80.1% | -257.0% | -60.1% | |
| ROA | -16.5% | -4.5% | -2.7% | -2.6% | -7.3% | -5.4% | -1.4% | -2.2% | -2.9% | -1.5% | -1.1% | -1.1% | -8.3% |
| — | +17.2% | -95.5% | -20.0% | -150.3% | -266.0% | -24.4% | -106.5% | +65.2% | -86.3% | +86.4% | -135.4% | -44.5% | |
| ROIC | -60.2% | -24.3% | -10.1% | -10.6% | -33.4% | -20.5% | -5.1% | -6.5% | -8.8% | -4.4% | -2.7% | -6.1% | -46.8% |
| — | -18.5% | -100.2% | -62.7% | -278.2% | -369.0% | -88.7% | -6.1% | +81.1% | -9.4% | +93.8% | -213.7% | -394.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 39.7% YoY to 0.32x, tightening the short-term liquidity position. Debt/Equity has risen for 10 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.11 | 2.68 | 2.21 | 1.51 | 1.11 | 0.55 | 0.40 | 0.34 | 0.29 | 0.24 | 0.23 | 0.26 | 0.21 |
| — | +388.6% | +451.8% | +339.4% | +286.6% | +125.4% | +77.3% | +33.9% | +39.7% | +180.0% | +173.7% | +470.0% | +361.5% | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | 160.62 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 0.37 | 0.32 | 0.31 | 0.38 | 0.37 | 0.53 | 0.69 | 0.55 | 0.55 | 0.67 | 0.69 | 0.41 | 0.42 |
| — | -39.7% | -54.9% | -31.1% | -33.1% | -21.1% | -0.0% | +35.2% | +33.1% | +23.0% | -8.0% | -55.4% | -58.6% | |
| Quick Ratio | 0.37 | 0.32 | 0.31 | 0.38 | 0.37 | 0.53 | 0.69 | 0.55 | 0.55 | 0.67 | 0.69 | 0.41 | 0.42 |
| — | -39.7% | -54.9% | -31.1% | -33.1% | -21.1% | -0.0% | +35.2% | +33.1% | +23.0% | -8.0% | -55.4% | -58.6% | |
| Interest Coverage | -14.46 | -2.15 | -3.36 | -4.37 | -20.27 | -18.95 | -5.76 | -10.30 | -15.88 | -8.45 | -5.46 | -11.95 | -169.84 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 22 years · Updated daily
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P3 Health Partners Inc.'s current P/E is -0.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
P3 Health Partners Inc.'s current operating margin is -21.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking P3 Health Partners Inc.'s business trajectory between earnings reports.