SURGERY PARTNERS INC (SGRY)
Health Care · Outpatient surgical services and ambulatory surgery centers · NASDAQ
Surgery Partners owns and operates a national network of over 200 ambulatory surgery centers, surgical hospitals, and physician practices focused on delivering cost-effective outpatient surgical care.
What SURGERY PARTNERS INC does
Surgery Partners is a healthcare services company that owns and operates a national network of surgical facilities and ancillary services across the United States. The company operates through its Surgical Facilities segment, which includes 176 surgical facilities (157 ambulatory surgery centers and 19 surgical hospitals) and multi-specialty physician practices in 30 states. The company provides a full range of financial, marketing, and operating services to its facilities, performing non-emergency surgical procedures across specialties including orthopedics, pain management, ophthalmology, gastroenterology, and general surgery.
Themes: ["Outpatient surgical care delivery","Ambulatory surgery centers","Physician partnership model","Healthcare cost efficiency","Multi-specialty surgical services"]
Fundamentals
- Price$16.77 as of 2026-07-09 close
- Market cap$2.2B as of 2026-07-10
- 1-year return-25.1% as of 2026-07-09 close
- Net margin-2.2% as of 2026-07-10
- Gross margin+25.2% as of 2026-07-10
- ROE-4.6% as of 2026-07-10
- Debt / equity2.20 as of 2026-07-10
- Revenue growth (YoY)-20.5% as of 2026-07-10
- Revenue CAGR (3y)+59.1% SEC XBRL
- Beta1.94 as of 2026-07-10
Key risks (from latest filing)
["Significant revenue decline of -20.51% year-over-year with persistent unprofitability (net margin -2.21%), indicating operational and market challenges","High debt burden with $3.6 billion in long-term debt and substantial interest expense ($69.1 million in Q1 2026) limiting financial flexibility","Dependence on payor contracts and reimbursement rates; regulatory changes to Medicare and commercial insurance reimbursement could materially impact margins"]
Competitors & peers
- Envision Healthcare (EVHC)
- Encompass Health (EHC)
- National Surgical Hospital Association members
- AmSurg (now part of Envision)
- Regent Surgical Health
- United Surgical Partners International (USPI)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.