The P4-ATPase family of phospholipid flippases plays a critical role in the maintenance of membrane asymmetry and consequently, various roles in cellular protein traffic and eukaryotic homeostasis. Currently, several structures of these (usually heterodimeric) phospholipid flippases have been resolved, along with extensive biochemical characterization of the substrate transport properties. However, an essential subfamily of monomeric phospholipid flippases, the P4B-ATPases, remains to be characterized in depth. While these P4B-ATPases appear to have similar lipid transport properties to their heterodimeric counterparts, the P4A-ATPases, the basis of their existence as monomers is currently unknown. In addition, the unique features of this group have yet to be comprehensively analyzed since the resolution of one P4B-ATPase member. In this study, we investigated the divergence of P4B-ATPases from other P-type ATPases using a structure-based sequence analysis approach. This led to identification of features unique to P4B-ATPases, as well as previously unidentified conserved properties of P4-ATPases. The results of this study provide a basis for further studies on P4-ATPases to characterize conserved properties of this group that supersedes substrate specificities.