Stocktoria

Surgery Partners, Inc. SGRY

Nasdaq · stock · Services-General Medical & Surgical Hospitals, NEC · website · IPO 2015-10-01 · LEI

Surgery Partners, Inc. statistics & valuation

Market cap$2.1B
P / S0.6×
P / B0.7×
P / FCF10.6×
Net margin-2.4%
Return on equity-2.5%
FCF margin5.9%
Net debt$3.5B
Net debt / EBITDA6.2×
Enterprise value USD$5.6B
EV / EBITDA9.8×
Earnings yield EBIT/EV7%
Return on capital5.2%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
0.10% 0.80% -11.60% -4.10% -6.20% -3.20% -2.20% -0.40% -5.40% -2.40% 2015201620182019202020212022202320242025
Gross margin (%)
2015201620182019202020212022202320242025
Operating margin (%)
15.10% 17.20% 4.40% 12.90% 9.80% 13.60% 13.60% 12.00% 11.20% 11.80% 2015201620182019202020212022202320242025
Return on equity (%)
0.50% 2.90% -18.70% -7.60% -13.20% -3.60% -1.90% -0.40% -5.30% -2.50% 2015201620182019202020212022202320242025
Shares outstanding
48.2M 48.5M 48.9M 49.3M 50.5M 89.3M 126.0M 126.6M 127.1M 129.3M 2015201620182019202020212022202320242025
Net debt ($)
$1.23B $1.40B $2.14B $2.50B $2.56B $2.57B $2.35B $2.61B $3.14B $3.50B 2015201620182019202020212022202320242025
Share buybacks ($)
2015201620182019202020212022202320242025
Return on assets (%)
0.10% 0.40% -4.40% -1.50% -2.10% -1.20% -0.80% -0.20% -2.10% -1.00% 2015201620182019202020212022202320242025
Free cash flow margin (%)
5.30% 7.50% 5.90% 3.10% 11.00% 1.30% 3.10% 7.50% 6.70% 5.90% 2015201620182019202020212022202320242025
Debt / equity (×)
4.32× 4.54× 2.12× 2.64× 3.26× 1.50× 0.90× 0.92× 1.07× 1.19× 2015201620182019202020212022202320242025
EPS ($)
$0.04 $0.20 -$4.96 -$2.29 -$3.19 -$1.12 -$0.59 -$0.09 -$1.33 -$0.61 2015201620182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2016FY2015
Operating margin11.8%11.2%12.0%13.6%13.6%9.8%12.9%4.4%17.2%15.1%
Net margin-2.4%-5.4%-0.4%-2.2%-3.2%-6.2%-4.1%-11.6%0.8%0.1%
FCF margin5.9%6.7%7.5%3.1%1.3%11.0%3.1%5.9%7.5%5.3%
Return on assets-1.0%-2.1%-0.2%-0.8%-1.2%-2.1%-1.5%-4.4%0.4%0.1%
Return on equity-2.5%-5.3%-0.4%-1.9%-3.6%-13.2%-7.6%-18.7%2.9%0.5%
Debt / equity1.19×1.07×0.92×0.90×1.50×3.26×2.64×2.12×4.54×4.32×
Current ratio1.871.791.711.871.761.441.321.681.941.72

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.