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PIII (P3 Health Partners) Gross Profit : $1,477 Mil (TTM As of Sep. 2024)


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What is P3 Health Partners Gross Profit?

P3 Health Partners's gross profit for the three months ended in Sep. 2024 was $362 Mil. P3 Health Partners's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $1,477 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. P3 Health Partners's gross profit for the three months ended in Sep. 2024 was $362 Mil. P3 Health Partners's Revenue for the three months ended in Sep. 2024 was $362 Mil. Therefore, P3 Health Partners's Gross Margin % for the quarter that ended in Sep. 2024 was N/A%.

P3 Health Partners had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


P3 Health Partners Gross Profit Historical Data

The historical data trend for P3 Health Partners's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

P3 Health Partners Gross Profit Chart

P3 Health Partners Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 145.48 491.06 - 1,049.47 1,266.38

P3 Health Partners Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 288.35 346.86 388.49 379.16 362.12

Competitive Comparison of P3 Health Partners's Gross Profit

For the Medical Care Facilities subindustry, P3 Health Partners's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


P3 Health Partners's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, P3 Health Partners's Gross Profit distribution charts can be found below:

* The bar in red indicates where P3 Health Partners's Gross Profit falls into.


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P3 Health Partners Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

P3 Health Partners's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1266.375 - 0
=1,266

P3 Health Partners's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=362.124 - 0
=362

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,477 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

P3 Health Partners's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=362 / 362.124
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


P3 Health Partners  (NAS:PIII) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

P3 Health Partners had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


P3 Health Partners Gross Profit Related Terms

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P3 Health Partners Business Description

Traded in Other Exchanges
N/A
Address
2370 Corporate Circle, Suite 300, Henderson, NV, USA, 89074
P3 Health Partners Inc is a patient-centered and physician-led population health management company. P3's model aggregates and supports the community's existing healthcare resources to build a network of community providers working together to deliver coordinated and integrated care to patients with a shared commitment to improving patient outcomes, lowering cost, and delivering experience for all.
Executives
Chicago Pacific Founders Ugp Iii, Llc 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Atul Kavthekar officer: Chief Financial Officer 4100 S. SAGINAW STREET, FLINT MI 48507
Sherif Abdou director, officer: Chief Executive Officer C/O P3 HEALTH GROUP HOLDINGS, LLC, 2370 CORPORATE CIRCLE, SUITE 300, HENDERSON NV 89074
Chicago Pacific Founders Gp Iii, L.p. 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Chicago Pacific Founders Ugp, Llc 10 percent owner 980 N. MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Leavitt Equity Partners Ii, L.p. 10 percent owner 299 SOUTH MAIN STREET SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Legacy, Llc 10 percent owner 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Equity Partners Ii, Llc 10 percent owner 299 SOUTH MAIN STREET SUITE 2300, SALT LAKE CITY UT 84111
Lep Management Llc 10 percent owner 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Taylor S. Leavitt 10 percent owner 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Equity Partners Iii, L.p. 10 percent owner, other: See Remarks 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Equity Partners Iii, Llc 10 percent owner, other: See Remarks 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Cpf Iii-a Pt Spv, Llc 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Cpf Iii Pt Spv, Llc 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Erin Darakjian officer: Interim CFO, Senior VP & CAO C/O P3 HEALTH PARTNERS INC., 2370 CORPORATE CIRCLE, SUITE 300, HENDERSON NV 89074