What is Surgery Partners, Inc.'s market cap?

Surgery Partners, Inc. (SGRY) has a market capitalization of $2.0B and trades on NASDAQ.

What is Surgery Partners, Inc.'s revenue and profitability?

Surgery Partners, Inc. generated $3.3B in trailing twelve-month revenue with a net loss of $76.1M, representing a net margin of -2.3%. Gross margin stands at 23.1%, with free cash flow of $208.0M. These figures are based on the Q1 2026 filing.

Who are Surgery Partners, Inc.'s competitors?

Surgery Partners, Inc.'s key competitors include Tenet Healthcare Corporation, HCA Healthcare, Inc., Optum, Inc., and others. These companies compete in similar markets and product categories.

Who does Surgery Partners, Inc. partner with?

Surgery Partners, Inc.'s notable partners include The Joint Commission, Accreditation Association for Ambulatory Health Care.

Where is Surgery Partners, Inc. headquartered?

Surgery Partners, Inc. is headquartered in United States of America and employs approximately 13,500 people. It has been publicly traded since 2015.

Surgery Partners, Inc.

SGRY

Surgery Partners is a leading healthcare services provider in the United States, operating an integrated outpatient delivery model focused on surgical and ancillary care.

Market cap

$1.98B-30.8%

Revenue$3.3B+5.4%

Net income-$76.1M+60.7%

Free cash flow$208.0M+20.0%

EPS (diluted)-$0.59+61.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 5, 2026

Revenue$810.9MBeat by $13.2M EPS-$0.03Beat by $0.12

Read the full report

Next report

Aug 10, 2026 (In 1 week)

Revenue estimate$830.0M

EPS estimate$0.02

Financials

Q1 2026

Income statement

See full

Revenue$810.9M+4.5%

Operating income$65.8M+6.3%

Net income-$35.9M+4.8%

EPS (diluted)-$0.28+6.7%

Balance sheet

See full

Cash & equivalents$182.3M-20.5%

Total debt$5.1B+4.6%

Total equity$1.7B-3.0%

Total assets$8.0B+1.2%

Cash flow

See full

Operating cash flow$11.7M+95.0%

CapEx$16.0M-29.5%

Free cash flow-$4.3M+74.3%

Valuation & ratios

Valuation

See full

Market cap$1.98B-30.8%

Enterprise value$6.86B-8.8%

P/S0.6×-0.3×

Profitability

See full

Operating margin11.8%+1.2pp

Net margin-2.3%-0.9pp

FCF margin6.2%+0.8pp

Returns & leverage

See full

Return on equity-4.4%-1.6pp

Debt / equity3×+0.2×

Current ratio1.9×0.0×

Segments

By product

See full

Private insurance$398.9M+1.3%

Government$357.4M+8.8%

Self-pay$19.2M-4.5%

Other service revenues$18.8M+6.8%

Other$16.6M+3.8%

By segment

See full

Surgical Facilities$810.9M+4.5%

Competitors

By market cap

UnitedHealth Group$379.28B+48.2%

HCA Healthcare$86.4B+5.5%

Tenet Healthcare$21.0B+44.2%

Encompass Health Corporation$11.3B+4.6%

Universal Health Services$9.6B-3.4%

Surgery Partners, Inc.$2.0B-31.0%

ARD

Ardent Health Partners$1.6B+2.9%

Community Health Systems$383.3M+6.0%

By revenue growth

Encompass Health Corporation+10.1%

Universal Health Services+10.1%

UnitedHealth Group+9.7%

HCA Healthcare+7.3%

ARD

Ardent Health Partners+6.7%

Tenet Healthcare+5.4%

Surgery Partners, Inc.+5.4%

Community Health Systems-5.3%

By net margin

Tenet Healthcare13.55%+2.0pp

Encompass Health Corporation10.04%+1.1pp

HCA Healthcare8.77%+0.6pp

Universal Health Services8.42%+0.8pp

UnitedHealth Group2.68%-2.7pp

Community Health Systems2.1%+3.6pp

ARD

Ardent Health Partners2.09%-1.6pp

Surgery Partners, Inc.-2.28%+3.8pp

Profile

Surgery Partners is a leading healthcare services provider in the United States, operating an integrated outpatient delivery model focused on surgical and ancillary care. The company manages a national network of ambulatory surgery centers, surgical hospitals, and multi-specialty physician practices. Its core value proposition centers on providing high-quality, cost-effective surgical solutions in lower-cost settings compared to traditional acute care hospitals.

Competitive position

One of the largest and fastest-growing surgical services businesses in the U.S., leveraging a differentiated model of physician partnership and high-acuity procedure migration to outpatient settings.

GeographiesUnited States

Customer segmentsSurgical patients, Independent physicians, Health care systems, Commercial insurers

Business modelFacility-based services, Management services, Joint venture partnerships

SuppliersMedical equipment manufacturers, Pharmaceutical suppliers, Specialized nursing and clinical labor, Real estate developers

CustomersCommercial health insurers, Medicare and Medicaid programs, Self-pay patients, Physician partners

CountryUnited States of America

Listed2015

Employees13.5K

CEOJ. Eric Evans

SectorHealthcare

IndustryMedical - Care Facilities

Websitesurgerypartners.com

FilingsSEC EDGAR

Ask your AI about Surgery Partners, Inc..

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Surgery Partners, Inc.'s market cap?: Surgery Partners, Inc. (SGRY) has a market capitalization of $2.0B and trades on NASDAQ.
What is Surgery Partners, Inc.'s revenue and profitability?: Surgery Partners, Inc. generated $3.3B in trailing twelve-month revenue with a net loss of $76.1M, representing a net margin of -2.3%. Gross margin stands at 23.1%, with free cash flow of $208.0M. These figures are based on the Q1 2026 filing.
Who are Surgery Partners, Inc.'s competitors?: Surgery Partners, Inc.'s key competitors include Tenet Healthcare Corporation, HCA Healthcare, Inc., Optum, Inc., and others. These companies compete in similar markets and product categories.
Who does Surgery Partners, Inc. partner with?: Surgery Partners, Inc.'s notable partners include The Joint Commission, Accreditation Association for Ambulatory Health Care.
Where is Surgery Partners, Inc. headquartered?: Surgery Partners, Inc. is headquartered in United States of America and employs approximately 13,500 people. It has been publicly traded since 2015.