Surgery Partners, Inc. (SGRY)
NASDAQ: SGRY · Real-Time Price · USD
26.95
+0.37 (1.39%)
At close: Nov 13, 2026, 4:00 PM EST
26.89
-0.06 (-0.22%)
After-hours: Nov 13, 2026, 7:30 PM EST

Surgery Partners Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,3603,3093,1142,7432,5392,225
Revenue Growth
2.19%6.24%13.52%8.03%14.12%19.62%
Gross Profit
747.6765745.6647.5574.9491.4
Operating Income
442.9479.5474.3416376.9304.1
Net Income
-87-77.9-168.1-11.9-54.6-81.2
Earnings Per Share
-0.68-0.61-1.33-0.09-0.59-1.12
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Private Insurance
1,6401,6871,6341,4191,2881,110
Government
1,4871,3801,2571,1281,059949.9
Self-Pay
77.687.682.368.165.961.1
Other Patient Service
76.571.281.185.68973.9
Other Service
78.782.459.942.937.230.1
Revenue (Total)
3,3603,3093,1142,7432,5392,225

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
354.5239.9280.3195.9282.9389.9
Total Debt
3,3154,0393,7133,0792,9703,353
Net Cash (Debt)
-2,960-3,799-3,433-2,884-2,687-2,963
Net Cash Growth
------
Net Cash Per Share
-23.03-29.86-27.22-22.96-29.22-40.91

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
277.9274.3300.1293.8158.887.1
Capital Expenditures
-75.1-78.7-90.4-88.8-80.6-57.6
Free Cash Flow
202.8195.6209.720578.229.5
Free Cash Flow Growth
4.48%-6.72%2.29%162.15%165.08%-85.54%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.25%23.12%23.94%23.60%22.64%22.08%
Operating Margin
13.18%14.49%15.23%15.16%14.84%13.67%
Pretax Margin
2.66%3.53%4.72%4.92%4.34%3.65%
Profit Margin
-2.59%-2.35%-5.40%-0.43%-2.15%-3.65%
FCF Margin
6.04%5.91%6.73%7.47%3.08%1.33%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
110.0024.9323.3135.0858.71183.86
P/FCF Ratio
17.2310.1512.7619.5843.09159.12
PS Ratio
1.040.600.861.461.332.11