P3 Health Partners Debt-to-Equity Ratio Growth & History (PIII)
P3 Health Partners's debt-to-equity ratio was 2.61 for fiscal 2024.
View full P3 Health Partners company overviewP3 Health Partners annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 2.61 | 1.73 | +197.12% |
| 2023 | 2023-12-31 | 0.88 | −17.44 | −95.21% |
| 2022 | 2022-12-31 | 18.31 | 17.98 | +5344.97% |
| 2021 · Dec 31 | 2021-12-31 | 0.34 | −2,257.59 | −99.99% |
| 2020 | 2020-12-31 | 2,257.92 | — | — |
P3 Health Partners quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.79 | −2.55 | −58.81% |
| Q2 2025 | 2025-06-30 | 4.33 | 3.46 | +394.85% |
| Q1 2025 | 2025-03-31 | 2.89 | 1.99 | +219.91% |
| Q4 2024 | 2024-12-31 | 2.61 | 1.73 | +197.12% |
| Q3 2024 | 2024-09-30 | 1.20 | 0.55 | +85.12% |
| Q2 2024 | 2024-06-30 | 0.88 | — | — |
| Q1 2024 | 2024-03-31 | 0.90 | — | — |
| Q4 2023 | 2023-12-31 | 0.88 | −17.44 | −95.21% |
| Q3 2023 | 2023-09-30 | 0.65 | −0.52 | −44.62% |
| Q4 2022 | 2022-12-31 | 18.31 | 17.98 | +5344.97% |
| Q3 2022 | 2022-09-30 | 1.17 | — | — |
| Q2 2022 | 2022-06-30 | 0.85 | — | — |
| Q1 2022 | 2022-03-31 | 0.35 | — | — |
| Q4 2021 | 2021-12-31 | 0.34 | — | — |
P3 Health Partners debt-to-equity ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, P3 Health Partners's debt-to-equity ratio decreased from 2,257.92 to 2.61, a change of −2,255.32. The latest reported quarter, Q2 2026, shows 1.79.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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