What is Surgery Partners, Inc.'s section 163(j) interest?

Surgery Partners, Inc. (SGRY) reported section 163(j) interest of $229.4M in Q4 2025.

What does section 163(j) interest mean?

This reflects deferred tax assets generated by the carryforward of interest expense deductions limited under Section 163(j) of the Internal Revenue Code. It indicates interest costs that were not immediately deductible for tax purposes but may be utilized in future periods. This metric is critical for assessing the company's tax planning efficiency and the impact of debt financing on future cash flows.

Surgery Partners, Inc. SGRY Section 163(j) interest

Section 163(j) interest at other companies

HRO

HarrowHROW

$4.77M+3.5%

AdientADNT

$0+100%

The BancorpTBBK

$3.57M+79.1%

International Flavors & FragrancesIFF

$205M-9.3%

Northern Oil and GasNOG

$47.12M-31.6%

GATXGATX

$19.9M+25.9%

Other financials

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

See full

Market cap$1.99B-49.1%

Profitability

See full

Gross margin23.1%—

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×

Where this comes from

Reported directly by Surgery Partners, Inc. in its filing.

Tagged under the XBRL concept sgry:DeferredTaxAssetsTaxDeferredExpenseInterestLimitation.

The official record: Surgery Partners, Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

Ask your AI about Surgery Partners, Inc.'s section 163(j) interest.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Surgery Partners, Inc.'s section 163(j) interest?: Surgery Partners, Inc. (SGRY) reported section 163(j) interest of $229.4M in Q4 2025.
What does section 163(j) interest mean?: This reflects deferred tax assets generated by the carryforward of interest expense deductions limited under Section 163(j) of the Internal Revenue Code. It indicates interest costs that were not immediately deductible for tax purposes but may be utilized in future periods. This metric is critical for assessing the company's tax planning efficiency and the impact of debt financing on future cash flows.