P3 Health Partners [PIII] vs Tenet Healthcare [THC] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: P3 Health Partners Inc. wins in 5 metrics, Tenet Healthcare Corporation wins in 12 metrics, with 1 ties. Tenet Healthcare Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric P3 Health Partners Inc. Tenet Healthcare Corporation Better
P/E Ratio (TTM) -0.06 12.17 Tenet Healthcare Corporation
Price-to-Book Ratio -0.06 3.88 Tenet Healthcare Corporation
Debt-to-Equity Ratio -2.05 160.79 Tenet Healthcare Corporation
PEG Ratio 0.00 10.76 Tie
EV/EBITDA -1.54 7.05 Tenet Healthcare Corporation
Profit Margin (TTM) -10.14% 6.60% Tenet Healthcare Corporation
Operating Margin (TTM) -39.99% 17.46% Tenet Healthcare Corporation
EBITDA Margin (TTM) N/A 17.46% N/A
Return on Equity -6,952.57% 27.02% Tenet Healthcare Corporation
Return on Assets (TTM) -23.46% 8.04% Tenet Healthcare Corporation
Free Cash Flow (TTM) $-91.24M $2.53B Tenet Healthcare Corporation
1-Year Return 83.08% 6.26% P3 Health Partners Inc.
Price-to-Sales Ratio (TTM) 0.01 0.77 P3 Health Partners Inc.
Enterprise Value $286.21M $32.68B Tenet Healthcare Corporation
EV/Revenue Ratio 0.20 1.53 P3 Health Partners Inc.
Gross Profit Margin (TTM) N/A 81.73% N/A
Revenue per Share (TTM) $446 $236 P3 Health Partners Inc.
Earnings per Share (Diluted) $-45.26 $15.48 Tenet Healthcare Corporation
Beta (Stock Volatility) 0.56 1.50 P3 Health Partners Inc.
Short % of Float 24.77% 3.55% Tenet Healthcare Corporation

P3 Health Partners Inc. vs Tenet Healthcare Corporation Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
P3 Health Partners Inc.-4.42%-4.57%3.54%284.54%136.16%234.00%
Tenet Healthcare Corporation2.55%9.88%-8.92%-18.33%-9.23%-10.20%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
P3 Health Partners Inc.83.08%-93.73%-97.55%-97.50%-97.50%-97.50%
Tenet Healthcare Corporation6.26%122.70%164.92%543.08%581.20%489.27%

Performance & Financial Health Analysis: P3 Health Partners Inc. vs Tenet Healthcare Corporation

MetricPIIITHC
Market Information
Market Cap i$551.61M$16.50B
Market Cap CategorySmall capLarge cap
10 Day Avg. Volume i22,2381,231,387
90 Day Avg. Volume i43,4161,117,252
Last Close$11.69$179.11
52 Week Range$1.52 - $16.89$146.60 - $247.21
% from 52W High-30.79%-27.55%
All-Time High$16.89 (May 28, 2026)$247.21 (Mar 05, 2026)
% from All-Time High-30.79%-27.55%
Growth Metrics
Quarterly Revenue Growth0.04%0.09%
Quarterly Earnings Growth0.04%0.17%
Financial Health
Profit Margin (TTM) i-0.10%0.07%
Operating Margin (TTM) i-0.40%0.17%
Return on Equity (TTM) i-69.53%0.27%
Debt to Equity (MRQ) i-2.05160.79
Cash & Liquidity
Book Value per Share (MRQ)$-47.24$48.53
Cash per Share (MRQ)$7.59$33.15
Operating Cash Flow (TTM) i$-91,238,000$3.54B
Levered Free Cash Flow (TTM) i$16.28M$1.68B
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/A$0.00

Valuation & Enterprise Metrics Analysis: P3 Health Partners Inc. vs Tenet Healthcare Corporation

MetricPIII (Apr 24, 2026)THC (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i-0.0612.17
Forward P/E i-12.9310.76
PEG Ratio i0.0010.76
Price to Sales (TTM) i0.010.77
Price to Book (MRQ) i-0.063.88
Market Capitalization
Market Capitalization i$551.61M$16.50B
Enterprise Value i$286.21M$32.68B
Enterprise Value Metrics
Enterprise to Revenue i0.201.53
Enterprise to EBITDA i-1.547.05
Risk & Other Metrics
Beta i0.561.50
Book Value per Share (MRQ) i$-47.24$48.53

Financial Statements Comparison: P3 Health Partners Inc. vs Tenet Healthcare Corporation

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricPIII (2025)THC (2025)
Revenue/Sales i1.46B21.31B
Cost of Goods Sold iN/A3.78B
COGS % of Revenue i0.0%17.7%
Gross Profit iN/A17.53B
Gross Margin i0.0%82.3%
Research & Development iN/AN/A
Operating Income (EBIT) i-270.30M3.44B
Operating Margin i-18.5%16.1%
EBITDA i-189.55M4.68B
EBITDA Margin i-13.0%22.0%
Pre-Tax Income i-321.06M2.80B
Pre-Tax Income % of Revenue i-22.0%13.1%
Income Tax i2.03M433.00M
Income Tax % of Revenue i0.1%2.0%
Net Income (Profit) i-323.09M1.41B
Profit Margin i-22.1%6.6%

Balance Sheet & Liquidity Metrics

MetricPIII (2025)THC (2025)
Cash & Equivalents i25.01M2.88B
Total Current Assets i133.08M7.85B
Total Current Assets % of Revenue i9.1%36.8%
Total Current Liabilities i545.26M4.46B
Total Current Liabilities % of Revenue i37.4%20.9%
Long-Term Debt i239.85M13.09B
Long-Term Debt % of Revenue i16.4%61.4%
Total Shareholders Equity i-140.24M8.97B
Retained Earnings i-651.14M4.42B
Retained Earnings % of Revenue i-44.6%20.7%
Property, Plant & Equipment i1.02M6.71B

Cash Flow Statement Comparison

MetricPIII (2025)THC (2025)
Operating Cash Flow i-152.60M3.51B
Operating Cash Flow % of Revenue i-10.5%16.5%
Capital Expenditures i79,000-972.00M
Free Cash Flow i-91.24M2.53B
FCF Margin i-6.3%11.9%
Debt Repayment i-1.14M-2.37B
Common Stock Repurchase iN/A-1.39B

Short Interest & Institutional Ownership Analysis

MetricPIIITHC
Shares Short i94,9722.28M
Short Ratio i0.792.20
Short % of Float i24.77%3.55%
Shares Outstanding i3.29M86.95M
Float Shares i1.41M85.97M
% Held by Insiders i51.12%1.08%
% Held by Institutions i8.86%98.33%
% Held by Public i40.02%0.59%

Dividend Analysis & Yield Comparison: P3 Health Partners Inc. vs Tenet Healthcare Corporation

MetricPIIITHC
Last 12-Month Dividend iN/A$0.00
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/A$0.00
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/A$0.00
Ex-Dividend DateN/AN/A