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Surgery Partners, Inc. SGRY Surgical Facilities — Lease expense

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Other financials

Income statement

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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

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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

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Operating cash flow$11.7M+95.0%
CapEx$16.0M-29.5%
Free cash flow-$4.3M+74.3%

Valuation

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Market cap$1.99B-49.1%

Profitability

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Gross margin23.1%
Operating margin11.8%+1.2pp
Net margin-2.3%-0.9pp
FCF margin6.2%+0.8pp

Returns & leverage

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Return on equity-4.4%-1.6pp
Debt / equity+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:OperatingAndFinanceLeaseExpense.

The official record: Surgery Partners, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Surgery Partners, Inc.'s surgical facilities — lease expense?
Surgery Partners, Inc. (SGRY) reported surgical facilities — lease expense of $23M in Q1 2026.
How has Surgery Partners, Inc.'s surgical facilities — lease expense changed year-over-year?
Surgery Partners, Inc.'s surgical facilities — lease expense increased by 10.6% year-over-year, from $20.8M to $23M.
What is the long-term trend for Surgery Partners, Inc.'s surgical facilities — lease expense?
Over 3 years (2022 to 2025), Surgery Partners, Inc.'s surgical facilities — lease expense has grown at a 2.2% compound annual growth rate (CAGR), from $82.4M to $87.9M.
What does surgical facilities — lease expense mean?
This represents the rental and lease costs for the physical real estate and medical equipment utilized by the surgical facilities segment. It provides insight into the fixed cost burden and the company's strategy regarding facility ownership versus leasing.