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SGRY

Surgery Partners, Inc.

Price Chart
Latest Quote

$14.23

-0.91 (-6.01%)
Current Price
Previous Close $15.14
Open $15.12
Day High $15.12
Day Low $14.15
Volume 811,132
Fetched: 2026-06-18T09:44:42
Stock Information
Shares Outstanding 130.79M
Total Debt $4.04B
Cash Equivalents $182.30M
Revenue $3.34B
Net Income $-76.10M
Sector Healthcare
Industry Medical Care Facilities
Market Cap $1.90B
EPS (TTM) $-0.59
Exchange NMS
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📊 Comprehensive Analysis
Company Data
Enterprise Value$7.53B
Sales$3.34B
Income$-76.10M
Book/sh$13.03
Cash/sh$1.39
Employees16K
Financial Ratios
Quick Ratio1.35
Current Ratio1.86
Debt/Eq116.01
Returns & Margins
ROA3.70%
ROE2.75%
Gross Margin22.83%
Operating Margin10.37%
Profit Margin-2.28%
Ownership
Insider Ownership1.76%
Institutional Ownership123.32%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E22.24
P/S0.57
P/B1.12
Analyst Data
Recommendationbuy
Target Price$17.95
Technical Indicators
SMA20$13.99
SMA50$13.99
SMA200$16.26
RSI64.27
ATR0.5279
Shares Float54.18M
Short Float20.81%
Short Ratio8.04
Volatility1.95
Rel Volume1.85
Performance History
Week-2.61%
Month+6.28%
Quarter+20.75%
6 Months-6.25%
YTD-4.65%
Year-28.43%
3 Years-62.81%
5 Years-77.80%
10 Years-7.56%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $14.55 2,306,100
2026-06-17 $14.23 868,000
2026-06-16 $15.14 574,300
2026-06-15 $15.13 1,794,000
2026-06-12 $15.31 1,304,800
2026-06-11 $14.94 1,370,800
2026-06-10 $14.20 930,700
2026-06-09 $13.96 828,200
2026-06-08 $13.85 720,300
2026-06-05 $13.71 906,200
2026-06-04 $13.68 1,542,900
2026-06-03 $13.51 1,412,200
2026-06-02 $13.77 1,842,600
2026-06-01 $13.22 2,129,400
2026-05-29 $13.36 1,231,500
2026-05-28 $13.65 971,900
2026-05-27 $13.48 926,700
2026-05-26 $13.45 1,255,100
2026-05-22 $13.40 967,700
2026-05-21 $13.28 1,044,800
2026-05-20 $13.49 926,000
2026-05-19 $13.69 1,759,100
About Surgery Partners, Inc.

Surgery Partners, Inc., together with its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company provides ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including orthopedics and pain management, ophthalmology, gastroenterology, and general surgery. It offers emergency departments; ancillary services such as physician practices and diagnostic testing; multi-specialty physician practices; urgent care facilities; and anesthesia services. In addition, it offers single- and multi-specialty facilities. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $2,543,700,000 $2,368,700,000 $2,095,800,000 $1,964,400,000
Cost Of Revenue $2,543,700,000 $2,368,700,000 $2,095,800,000 $1,964,400,000
Total Revenue $3,308,700,000 $3,114,300,000 $2,743,300,000 $2,539,300,000
Operating Revenue $3,308,700,000 $3,114,300,000 $2,743,300,000 $2,539,300,000
Expenses
Interest Expense $272,600,000 $201,700,000 $193,000,000 $234,900,000
Total Expenses $2,837,900,000 $2,660,000,000 $2,334,800,000 $2,181,400,000
Rent Expense Supplemental $87,900,000 $89,500,000 $84,900,000 $82,400,000
Other Income Expense $-81,300,000 $-105,500,000 $-80,500,000 $-12,700,000
Other Non Operating Income Expenses $8,700,000 $20,000,000 $7,500,000 $19,000,000
Net Non Operating Interest Income Expense $-272,600,000 $-201,700,000 $-193,000,000 $-234,900,000
Interest Expense Non Operating $272,600,000 $201,700,000 $193,000,000 $234,900,000
Operating Expense $294,200,000 $291,300,000 $239,000,000 $217,000,000
General And Administrative Expense $118,200,000 $138,700,000 $120,900,000 $102,200,000
Other Operating Expenses - - $-1,100,000 $-2,400,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-77,900,000 $-168,100,000 $-11,900,000 $-54,600,000
Net Interest Income $-272,600,000 $-201,700,000 $-193,000,000 $-234,900,000
Normalized Income $17,613,400 $-53,550,000 $68,838,000 $-19,736,899
Net Income From Continuing And Discontinued Operation $-77,900,000 $-168,100,000 $-11,900,000 $-54,600,000
Total Operating Income As Reported $389,500,000 $348,800,000 $328,000,000 $345,200,000
Net Income Common Stockholders $-77,900,000 $-168,100,000 $-11,900,000 $-54,600,000
Net Income $-77,900,000 $-168,100,000 $-11,900,000 $-54,600,000
Net Income Including Noncontrolling Interests $98,900,000 $12,500,000 $135,300,000 $87,000,000
Net Income Continuous Operations $98,900,000 $12,500,000 $135,300,000 $87,000,000
Pretax Income $116,900,000 $147,100,000 $135,000,000 $110,300,000
Special Income Charges $-112,900,000 $-145,000,000 $-102,200,000 $-44,200,000
Earnings From Equity Interest $22,900,000 $19,500,000 $14,200,000 $12,500,000
Operating Income $470,800,000 $454,300,000 $408,500,000 $357,900,000
Depreciation Amortization Depletion Income Statement $176,000,000 $152,600,000 $118,100,000 $114,800,000
Depreciation And Amortization In Income Statement $176,000,000 $152,600,000 $118,100,000 $114,800,000
Gross Profit $765,000,000 $745,600,000 $647,500,000 $574,900,000
Per Share
Diluted EPS $-0.61 $-1.33 $-0.09 $-0.59
Basic EPS $-0.61 $-1.33 $-0.09 $-0.59
Other
Tax Effect Of Unusual Items $-17,386,600 $-30,450,000 $-21,462,000 $-9,336,899
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $678,400,000 $646,400,000 $548,300,000 $504,200,000
Total Unusual Items $-112,900,000 $-145,000,000 $-102,200,000 $-44,200,000
Total Unusual Items Excluding Goodwill $-112,900,000 $-145,000,000 $-102,200,000 $-44,200,000
Reconciled Depreciation $176,000,000 $152,600,000 $118,100,000 $114,800,000
EBITDA (Bullshit earnings) $565,500,000 $501,400,000 $446,100,000 $460,000,000
EBIT $389,500,000 $348,800,000 $328,000,000 $345,200,000
Diluted Average Shares $127,209,000 $126,122,000 $125,613,000 $91,952,000
Basic Average Shares $127,209,000 $126,122,000 $125,613,000 $91,952,000
Diluted NI Availto Com Stockholders $-77,900,000 $-168,100,000 $-11,900,000 $-54,600,000
Minority Interests $-176,800,000 $-180,600,000 $-147,200,000 $-141,600,000
Tax Provision $18,000,000 $134,600,000 $-300,000 $23,300,000
Gain On Sale Of Business $-30,400,000 $-40,600,000 $-14,400,000 $-11,100,000
Other Special Charges $8,600,000 $4,300,000 $26,100,000 $-14,400,000
Restructuring And Mergern Acquisition $73,900,000 $100,100,000 $61,700,000 $47,500,000
Selling General And Administration $118,200,000 $138,700,000 $120,900,000 $102,200,000
Other Gand A $118,200,000 $138,700,000 $120,900,000 $102,200,000
Otherunder Preferred Stock Dividend - - $0 $0
Gain On Sale Of Ppe - - - $-11,100,000
Write Off - - - $0
Impairment Of Capital Assets - - - -
Fetched: 2026-06-18
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $-3,522,700,000 $-3,324,000,000 $-2,393,600,000 $-2,181,200,000
Total Assets $8,119,700,000 $7,890,000,000 $6,876,700,000 $6,682,100,000
Total Non Current Assets $6,969,000,000 $6,770,600,000 $5,981,700,000 $5,761,100,000
Other Non Current Assets $56,800,000 $57,500,000 $103,300,000 $144,200,000
Goodwill And Other Intangible Assets $5,235,600,000 $5,113,700,000 $4,380,800,000 $4,179,400,000
Other Intangible Assets $41,000,000 $45,700,000 $54,800,000 $42,300,000
Current Assets $1,150,700,000 $1,119,400,000 $895,000,000 $921,000,000
Other Current Assets $212,000,000 $182,400,000 $127,500,000 $110,400,000
Inventory $96,600,000 $88,400,000 $75,200,000 $71,400,000
Receivables $602,200,000 $579,100,000 $496,400,000 $456,300,000
Accounts Receivable $602,200,000 $579,100,000 $496,400,000 $456,300,000
Cash Cash Equivalents And Short Term Investments $239,900,000 $269,500,000 $195,900,000 $282,900,000
Cash And Cash Equivalents $239,900,000 $269,500,000 $195,900,000 $282,900,000
Non Current Deferred Assets - $0 $89,500,000 $91,500,000
Non Current Deferred Taxes Assets - $0 $89,500,000 $91,500,000
Prepaid Assets - - $31,000,000 $31,400,000
Debt
Net Debt $3,462,300,000 $3,100,800,000 $2,579,200,000 $2,338,900,000
Total Debt $4,024,800,000 $3,703,400,000 $3,061,600,000 $2,929,700,000
Long Term Debt And Capital Lease Obligation $3,882,800,000 $3,561,000,000 $2,950,700,000 $2,830,400,000
Long Term Debt $3,602,900,000 $3,268,900,000 $2,701,800,000 $2,559,000,000
Current Debt And Capital Lease Obligation $142,000,000 $142,400,000 $110,900,000 $99,300,000
Current Debt $99,300,000 $101,400,000 $73,300,000 $62,800,000
Other Current Borrowings $99,300,000 $101,400,000 $73,300,000 $62,800,000
Liabilities
Total Liabilities Net Minority Interest $4,592,900,000 $4,254,800,000 $3,514,800,000 $3,399,200,000
Total Non Current Liabilities Net Minority Interest $3,977,400,000 $3,630,400,000 $2,991,800,000 $2,905,800,000
Other Non Current Liabilities $41,200,000 $30,200,000 $41,100,000 $75,400,000
Non Current Deferred Liabilities $53,400,000 $39,200,000 $0 -
Non Current Deferred Taxes Liabilities $53,400,000 $39,200,000 $0 -
Current Liabilities $615,500,000 $624,400,000 $523,000,000 $493,400,000
Other Current Liabilities $4,700,000 $24,800,000 $23,900,000 $52,300,000
Payables And Accrued Expenses $468,800,000 $457,200,000 $388,200,000 $341,800,000
Interest Payable $19,500,000 $13,400,000 $17,800,000 $19,400,000
Payables $255,300,000 $240,500,000 $195,700,000 $183,500,000
Other Payable $46,600,000 $31,800,000 $23,900,000 $31,900,000
Accounts Payable $208,700,000 $208,700,000 $171,800,000 $151,600,000
Current Deferred Liabilities - - - $3,200,000
Equity
Common Stock Equity $1,712,900,000 $1,789,700,000 $1,987,200,000 $1,998,200,000
Total Equity Gross Minority Interest $3,526,800,000 $3,635,200,000 $3,361,900,000 $3,282,900,000
Stockholders Equity $1,712,900,000 $1,789,700,000 $1,987,200,000 $1,998,200,000
Gains Losses Not Affecting Retained Earnings $-13,800,000 $4,800,000 $57,500,000 $76,200,000
Other Equity Adjustments $-13,800,000 $4,800,000 $57,500,000 $76,200,000
Retained Earnings $-815,200,000 $-737,300,000 $-569,200,000 $-557,300,000
Long Term Equity Investment $234,000,000 $215,400,000 $184,100,000 $190,300,000
Investments In Other Ventures Under Equity Method $234,000,000 $215,400,000 $184,100,000 $190,300,000
Preferred Securities Outside Stock Equity - - - -
Other
Ordinary Shares Number $129,321,144 $127,109,383 $126,593,727 $125,960,834
Share Issued $129,321,144 $127,109,383 $126,593,727 $125,960,834
Tangible Book Value $-3,522,700,000 $-3,324,000,000 $-2,393,600,000 $-2,181,200,000
Invested Capital $5,415,100,000 $5,160,000,000 $4,762,300,000 $4,620,000,000
Working Capital $535,200,000 $495,000,000 $372,000,000 $427,600,000
Capital Lease Obligations $322,600,000 $333,100,000 $286,500,000 $307,900,000
Total Capitalization $5,315,800,000 $5,058,600,000 $4,689,000,000 $4,557,200,000
Minority Interest $1,813,900,000 $1,845,500,000 $1,374,700,000 $1,284,700,000
Additional Paid In Capital $2,540,600,000 $2,520,900,000 $2,497,600,000 $2,478,000,000
Capital Stock $1,300,000 $1,300,000 $1,300,000 $1,300,000
Common Stock $1,300,000 $1,300,000 $1,300,000 $1,300,000
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $279,900,000 $292,100,000 $248,900,000 $271,400,000
Current Capital Lease Obligation $42,700,000 $41,000,000 $37,600,000 $36,500,000
Current Accrued Expenses $213,500,000 $216,700,000 $192,500,000 $158,300,000
Investments And Advances $234,000,000 $215,400,000 $184,100,000 $190,300,000
Goodwill $5,194,600,000 $5,068,000,000 $4,326,000,000 $4,137,100,000
Net PPE $1,442,600,000 $1,384,000,000 $1,224,000,000 $1,155,700,000
Accumulated Depreciation $-651,200,000 $-553,900,000 $-454,400,000 $-374,300,000
Gross PPE $2,093,800,000 $1,937,900,000 $1,678,400,000 $1,530,000,000
Construction In Progress $49,200,000 $54,700,000 $24,200,000 $58,100,000
Other Properties $1,600,600,000 $1,462,100,000 $1,281,700,000 $1,173,500,000
Machinery Furniture Equipment $163,200,000 $152,700,000 $138,000,000 $123,300,000
Buildings And Improvements $274,900,000 $258,700,000 $225,300,000 $164,000,000
Land And Improvements $5,900,000 $9,700,000 $9,200,000 $11,100,000
Properties $0 $0 $0 $0
Current Deferred Revenue - - - $3,200,000
Investmentsin Associatesat Cost - - - -
Fetched: 2026-06-18
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $195,600,000 $209,700,000 $205,000,000 $78,200,000
Operating Activities
Operating Cash Flow $274,300,000 $300,100,000 $293,800,000 $158,800,000
Cash Flow From Continuing Operating Activities $274,300,000 $300,100,000 $293,800,000 $158,800,000
Operating Gains Losses $30,900,000 $43,700,000 $27,700,000 $24,200,000
Investing Activities
Capital Expenditure $-78,700,000 $-90,400,000 $-88,800,000 $-80,600,000
Investing Cash Flow $-246,600,000 $-488,500,000 $-225,600,000 $-307,900,000
Cash Flow From Continuing Investing Activities $-246,600,000 $-488,500,000 $-225,600,000 $-307,900,000
Net Other Investing Changes $-40,500,000 $-24,800,000 $-33,700,000 $-11,500,000
Financing Activities
Financing Cash Flow $-57,300,000 $262,000,000 $-155,200,000 $42,100,000
Cash Flow From Continuing Financing Activities $-57,300,000 $262,000,000 $-155,200,000 $42,100,000
Net Other Financing Charges $-220,100,000 $-188,400,000 $-174,700,000 $-196,600,000
Issuance Of Capital Stock - $0 $0 $882,900,000
Net Common Stock Issuance - $0 $0 $882,900,000
Common Stock Issuance - $0 $0 $882,900,000
Cash Dividends Paid - - $0 $0
Preferred Stock Dividend Paid - - $0 $0
Other
Repayment Of Debt $-1,039,800,000 $-1,279,300,000 $-807,100,000 $-862,000,000
Issuance Of Debt $1,202,600,000 $1,729,700,000 $826,600,000 $217,800,000
Interest Paid Supplemental Data $256,800,000 $199,700,000 $169,600,000 $218,700,000
Income Tax Paid Supplemental Data $1,200,000 $1,600,000 $1,400,000 $1,800,000
End Cash Position $239,900,000 $269,500,000 $195,900,000 $282,900,000
Beginning Cash Position $269,500,000 $195,900,000 $282,900,000 $389,900,000
Changes In Cash $-29,600,000 $73,600,000 $-87,000,000 $-107,000,000
Net Issuance Payments Of Debt $162,800,000 $450,400,000 $19,500,000 $-644,200,000
Net Long Term Debt Issuance $162,800,000 $450,400,000 $19,500,000 $-644,200,000
Long Term Debt Payments $-1,039,800,000 $-1,279,300,000 $-807,100,000 $-862,000,000
Long Term Debt Issuance $1,202,600,000 $1,729,700,000 $826,600,000 $217,800,000
Net Business Purchase And Sale $-173,900,000 $-375,900,000 $-128,900,000 $-228,700,000
Sale Of Business $1,500,000 $4,600,000 $1,400,000 $12,800,000
Purchase Of Business $-175,400,000 $-380,500,000 $-130,300,000 $-241,500,000
Net PPE Purchase And Sale $-32,200,000 $-87,800,000 $-63,000,000 $-67,700,000
Sale Of PPE $46,500,000 $2,600,000 $25,800,000 $12,900,000
Purchase Of PPE $-78,700,000 $-90,400,000 $-88,800,000 $-80,600,000
Change In Working Capital $-110,400,000 $-118,900,000 $-63,500,000 $-102,300,000
Change In Other Working Capital $-56,600,000 $-46,800,000 $-16,300,000 $-67,000,000
Change In Receivables $-53,800,000 $-72,100,000 $-47,200,000 $-35,300,000
Changes In Account Receivables $-53,800,000 $-72,100,000 $-47,200,000 $-35,300,000
Other Non Cash Items $47,400,000 $45,400,000 $60,200,000 $-5,200,000
Stock Based Compensation $14,800,000 $33,300,000 $17,700,000 $18,400,000
Deferred Tax $16,700,000 $131,500,000 $-1,700,000 $21,900,000
Deferred Income Tax $16,700,000 $131,500,000 $-1,700,000 $21,900,000
Depreciation Amortization Depletion $176,000,000 $152,600,000 $118,100,000 $114,800,000
Depreciation And Amortization $176,000,000 $152,600,000 $118,100,000 $114,800,000
Earnings Losses From Equity Investments $-800,000 $-2,000,000 $-2,200,000 $-1,800,000
Gain Loss On Sale Of Business $30,400,000 $40,600,000 $14,400,000 $11,100,000
Net Income From Continuing Operations $98,900,000 $12,500,000 $135,300,000 $87,000,000
Asset Impairment Charge - - - $0
Gain Loss On Sale Of PPE - - - -
Fetched: 2026-06-18