Surgery Partners, Inc.
SGRYNasdaq
$15.99
↓ -3.9%Jul 17 close · end-of-day
Price
1Y↓ -29.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$2.1B
Enterprise Value
$5.6B
P/E
—
P/S
0.6
P/B
1.2
EV/EBITDA
9.8
PEG
—
FCF Yield
10.1%
Dividend Yield
—
Revenue (TTM)
$3.3B
Net Income (TTM)
-$76.1M
Free Cash Flow (TTM)
$208.0M
Gross Margin
—
Operating Margin
11.8%
Net Margin
-2.3%
ROE
-4.5%
ROIC
5.9%
Debt / Equity
2.2
Net Cash
-$3.5B
Return 1Y
-29.3%
Company profile
Surgery Partners, Inc. owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services. As of December 31, 2021, it owned or operated a portfolio of 126 surgical facilities, including 108 ambulatory surgical centers.
- CEO
- J. Eric Evans
- Sector
- Services
- Industry
- Healthcare
- Employees
- 12,200
- Headquarters
- Tennessee
- Website
- surgerypartners.com
Management & directors
- Doherty David TChief Financial Officer
- Evans Jason EricChief Executive Officer
- Brittenham MarissaChief Strategy Officer
- Burkhalter DanielleChief Human Resources Officer
- Baldock JenniferChief Admin & Dev Officer
- Webb William TrentonAmerican Group President
- Oppenheimer Justin RobertCOO & National Group President
- Bane Harrison R.National Group President
Roles derived from SEC Form 4 filings.
Earnings
SGRY Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$810.9M↑ +4.5%
Diluted EPS-$0.28↓ -6.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.9B | $2.2B | $2.5B | $2.7B | $3.1B | $3.3B |
| Gross profit | — | — | — | — | — | — |
| Operating income | $183.0M | $302.2M | $345.2M | $328.0M | $348.8M | $389.5M |
| Net income | -$116.1M | -$70.9M | -$54.6M | -$11.9M | -$168.1M | -$77.9M |
| Diluted EPS | -$3.19 | -$1.12 | -$0.59 | -$0.09 | -$1.33 | -$0.61 |
| Operating cash flow | $246.9M | $87.1M | $158.8M | $293.8M | $300.1M | $274.3M |
| Free cash flow | $204.0M | $29.5M | $78.2M | $205.0M | $209.7M | $195.6M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 9.8% | 13.6% | 13.6% | 12.0% | 11.2% | 11.8% |
| Net margin | -6.2% | -3.2% | -2.2% | -0.4% | -5.4% | -2.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $762.1M | $770.4M | $864.4M | $776.0M | $826.2M | $821.5M | $885.0M | $810.9M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $84.8M | $60.9M | $127.1M | $61.9M | $111.7M | $105.7M | $110.2M | $65.8M |
| Net income | -$15.5M | -$31.7M | -$108.5M | -$37.7M | -$2.5M | -$22.7M | -$15.0M | -$35.9M |
| Diluted EPS | -$0.12 | -$0.25 | -$0.86 | -$0.30 | -$0.02 | -$0.18 | -$0.11 | -$0.28 |
| Operating cash flow | $82.8M | $65.2M | $111.4M | $6.0M | $81.3M | $83.6M | $103.4M | $11.7M |
| Free cash flow | $55.9M | $45.0M | $89.1M | -$16.7M | $57.9M | $63.8M | $90.6M | -$4.3M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 11.1% | 7.9% | 14.7% | 8.0% | 13.5% | 12.9% | 12.5% | 8.1% |
| Net margin | -2.0% | -4.1% | -12.6% | -4.9% | -0.3% | -2.8% | -1.7% | -4.4% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-18 | HENDRIX BLAIR E | Award | 34,364 | $14.55 | $499,996.20 | filing |
| 2026-06-05 | HENDRIX BLAIR E | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-06-05 | Deane John A | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-06-05 | Forese Laura L | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-06-05 | Dean Lloyd H | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-06-05 | DeLuca Teresa | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-06-05 | TURNER BRENT | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-06-05 | ADLERZ CLIFFORD G | Award | 11,670 | $13.71 | $159,995.70 | filing |
| 2026-03-16 | Evans Jason Eric· Chief Executive Officer | Sale | 20,400 | $12.47 | $254,388.00 | filing |
| 2026-03-16 | Doherty David T· Chief Financial Officer | Sale | 8,867 | $12.50 | $110,837.50 | filing |
| 2026-03-13 | Brittenham Marissa· Chief Strategy Officer | Sale | 3,657 | $12.54 | $45,858.78 | filing |
| 2026-03-13 | Burkhalter Danielle· Chief Human Resources Officer | Sale | 3,469 | $12.83 | $44,507.27 | filing |
| 2026-03-12 | Baldock Jennifer· Chief Admin & Dev Officer | Sale | 5,798 | $13.17 | $76,359.66 | filing |
| 2026-03-06 | Doherty David T· Chief Financial Officer | Sale | 14,574 | $13.84 | $201,704.16 | filing |
| 2026-03-06 | Evans Jason Eric· Chief Executive Officer | Sale | 11,462 | $13.79 | $158,060.98 | filing |
| 2026-03-06 | Baldock Jennifer· Chief Admin & Dev Officer | Sale | 10,082 | $13.70 | $138,123.40 | filing |
| 2026-03-06 | Brittenham Marissa· Chief Strategy Officer | Sale | 8,785 | $13.70 | $120,354.50 | filing |
| 2026-03-06 | Burkhalter Danielle· Chief Human Resources Officer | Sale | 7,736 | $13.60 | $105,209.60 | filing |
| 2026-03-06 | Webb William Trenton· American Group President | Sale | 272 | $13.93 | $3,788.96 | filing |
| 2026-03-05 | Evans Jason Eric· Chief Executive Officer | Award | 141,743 | $14.11 | $2.0M | filing |
| 2026-03-05 | Evans Jason Eric· Chief Executive Officer | Award | 136,363 | $14.11 | $1.9M | filing |
| 2026-03-05 | Doherty David T· Chief Financial Officer | Award | 56,697 | $14.11 | $799,994.67 | filing |
| 2026-03-05 | Doherty David T· Chief Financial Officer | Award | 54,545 | $14.11 | $769,629.95 | filing |
| 2026-03-05 | Oppenheimer Justin Robert· COO & National Group President | Award | 42,523 | $14.11 | $599,999.53 | filing |
| 2026-03-05 | Baldock Jennifer· Chief Admin & Dev Officer | Award | 42,523 | $14.11 | $599,999.53 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.