PIIIP3 Health Partners Inc.
Is the business good?
Margins widening. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is PIII?
P3 Health Partners Inc. earns −68% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 77 points below what the capital costs: growth destroys value
- Operating margin
- −9.9%
Operating margin · Medical Care Facilities median 9.3% · 12 months to Q2 2026
- Share count, year on year
- +2.9%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2019 | −27% |
| FY2020 | −5.8% |
| FY2022 | −149% |
| FY2023 | −13% |
| FY2024 | −21% |
| FY2025 | −19% |
Details›
- Operating margin12 months to Q2 2026
- −9.9%
- Net margin12 months to Q2 2026
- −6.6%
- Revenue, trailing twelve months
- $1.50B
- Net income, trailing twelve months
- −$98M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −68%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.