What are Surgery Partners, Inc.'s profit margins?

Surgery Partners, Inc. (SGRY) runs a 23.1% gross margin and a 11.8% operating margin, with a -2.3% net margin.

Where do Surgery Partners, Inc.'s ratios come from?

Every ratio is computed from Surgery Partners, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Surgery Partners, Inc. SGRY Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	11.8%0.0pp	11.8%-0.6pp	12.4%+1.2pp	11.2%+0.6pp	10.5%-0.7pp
Net margin	-2.3%+0.1pp	-2.4%+2.9pp	-5.2%+0.4pp	-5.6%+0.5pp	-6.1%-0.7pp
Returns
Return on equity	-4.4%0.0pp	-4.4%+5.0pp	-9.5%+0.3pp	-9.7%+0.7pp	-10.4%-1.5pp
Return on invested capital	6.1%-0.1pp	6.2%-0.4pp	6.5%+0.7pp	5.9%+0.3pp	5.5%-0.4pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	1.9×0.0×	1.9×0.0×	1.9×0.0×	1.9×0.0×	1.9×+0.1×
Leverage
Debt-to-equity	3×0.0×	3×+0.1×	2.8×0.0×	2.8×0.0×	2.8×+0.2×
Net debt / EBITDA	8.5×0.0×	8.5×+0.1×	8.4×-0.5×	8.9×-0.5×	9.4×+0.8×
Per Share
Book value per share	$13.15-2.3%	$13.47-1.0%	$13.60-1.3%	$13.77+0.2%	$13.75-3.1%
Valuation
Market capitalization	$1.54B-22.8%	$2B-28.0%	$2.77B+2.6%	$2.71B-10.7%	$3.03B+12.6%
Price / sales	0.5×-0.1×	0.6×-0.2×	0.8×0.0×	0.8×-0.1×	1×+0.1×
Price / book	0.9×-0.3×	1.2×-0.4×	1.6×+0.1×	1.5×-0.2×	1.7×+0.2×
EV / EBITDA	11.2×-0.8×	12.1×-1.3×	13.4×-0.7×	14.1×-1.5×	15.6×+1.6×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Surgery Partners, Inc.'s profit margins?: Surgery Partners, Inc. (SGRY) runs a 23.1% gross margin and a 11.8% operating margin, with a -2.3% net margin.
Where do Surgery Partners, Inc.'s ratios come from?: Every ratio is computed from Surgery Partners, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.