Surgery Partners, Inc. (SGRY)
NASDAQ: SGRY · Real-Time Price · USD
13.86
-0.38 (-2.70%)
Aug 19, 2026, 1:23 PM EDT - Market open

Surgery Partners Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,3663,3093,1142,7432,5392,225
Revenue Growth
3.99%6.24%13.52%8.03%14.12%19.62%
Gross Profit
757.9765745.6647.5574.9491.4
Operating Income
469.2479.5474.3416376.9304.1
Net Income
-88.6-77.9-168.1-11.9-54.6-81.2
Earnings Per Share
-0.69-0.61-1.33-0.09-0.59-1.12
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Private Insurance
1,6651,6871,6341,4191,2881,110
Government
1,4541,3801,2571,1281,059949.9
Self-Pay
88.887.682.368.165.961.1
Other Patient Service
74.671.281.185.68973.9
Other Service
84.482.459.942.937.230.1
Revenue (Total)
3,3663,3093,1142,7432,5392,225

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
216.7239.9280.3195.9282.9389.9
Total Debt
4,0674,0393,7133,0792,9703,353
Net Cash (Debt)
-3,850-3,799-3,433-2,884-2,687-2,963
Net Cash Growth
------
Net Cash Per Share
-30.05-29.86-27.22-22.96-29.22-40.91

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
258274.3300.1293.8158.887.1
Capital Expenditures
-70.4-78.7-90.4-88.8-80.6-57.6
Free Cash Flow
187.6195.6209.720578.229.5
Free Cash Flow Growth
7.02%-6.72%2.29%162.15%165.08%-85.54%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
22.51%23.12%23.94%23.60%22.64%22.08%
Operating Margin
13.94%14.49%15.23%15.16%14.84%13.67%
Pretax Margin
3.04%3.53%4.72%4.92%4.34%3.65%
Profit Margin
-2.63%-2.35%-5.40%-0.43%-2.15%-3.65%
FCF Margin
5.57%5.91%6.73%7.47%3.08%1.33%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
25.0924.9323.3135.0858.71183.86
P/FCF Ratio
9.8510.1512.7619.5843.09159.12
PS Ratio
0.550.600.861.461.332.11