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Surgery Partners, Inc.(SGRY US)

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Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
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  • Home
  • AI Agent
  • Annotations
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  • Pricing and plans
  • BlogAboutContact us
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    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Surgery Partners, Inc.(SGRY US)

Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
SGRY US​
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SGRY US​
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Surgery Partners, Inc. — Company Profile

Surgery Partners, Inc. operates a nationwide network of surgical facilities and associated medical services across the United States. Its business is categorized into two segments: Surgical Facility Services and Ancillary Services. These surgical venues include both ambulatory surgery centers and dedicated surgical hospitals, delivering non-urgent surgical procedures across various specialties such as gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The surgical hospitals additionally offer comprehensive ancillary services, including diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care. The dedicated Ancillary Services segment further encompasses multi-specialty physician practices, urgent care facilities, and anesthesia services. By December 31, 2021, the company's portfolio consisted of 126 surgical facilities—specifically, 108 ambulatory surgical centers and 18 surgical hospitals—situated across 31 states. Founded in 2004, Surgery Partners, Inc. maintains its headquarters in Brentwood, Tennessee.

Sector
Consumer Staples
Industry
Personal Care Products
Exchange
UQ
CEO
J. Eric Evans
Headquarters
Brentwood, TN, US
IPO Date
Sep 30, 2015
Employees
16,000
Website
www.surgerypartners.com

Key Metrics

Price
$13.32
Market Cap
$1.74B
Revenue (TTM)
$810.90M
Net Income (TTM)
$-35900000.00
EPS (TTM)
-0.28
P/E (TTM)
-22.89
P/B (TTM)
1.03
Dividend Yield
0.00%
ROE (TTM)
-2.13%
ROA (TTM)
-0.45%
Operating Margin
10.16%
Beta
0.52

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Surgery Partners, Inc. operates a nationwide network of surgical facilities and associated medical services across the United States. Its business is categorized into two segments: Surgical Facility Services and Ancillary Services. These surgical venues include both ambulatory surgery centers and dedicated surgical hospitals, delivering non-urgent surgical procedures across various specialties such as gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The surgical hospitals additionally offer comprehensive ancillary services, including diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care. The dedicated Ancillary Services segment further encompasses multi-specialty physician practices, urgent care facilities, and anesthesia services. By December 31, 2021, the company's portfolio consisted of 126 surgical facilities—specifically, 108 ambulatory surgical centers and 18 surgical hospitals—situated across 31 states. Founded in 2004, Surgery Partners, Inc. maintains its headquarters in Brentwood, Tennessee.

Website
www.surgerypartners.com
Location
Brentwood, TN, US
Phone615 234 5900
Employees16,000
CEOJ. Eric Evans
Sector
Consumer Staples
Industry
Personal Care Products
IPO DateSep 30, 2015

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(840)

Expand
  • 10-QQ3ended 30 Sept 20269 Nov
  • DEFA14ADefinitive additional materials9 Nov
  • DEFA14ADefinitive additional materials9 Nov
  • 8-KResults of Operations and Financial Condition9 Nov
  • DEFA14ADefinitive additional materials9 Nov
  • 8-KEntry into a Material Definitive Agreement9 Nov
  • SC 13G/ASurgery Partners, Inc.6 Nov
  • DEFA14ADefinitive additional materials28 Oct
  • DEFA14ADefinitive additional materials27 Oct
  • DEFA14ADefinitive additional materials26 Oct
  • SC 13D/ASurgery Partners, Inc.26 Oct
  • DEFA14ADefinitive additional materials26 Oct
  • 8-KEntry into a Material Definitive Agreement26 Oct
  • SC 13GSurgery Partners, Inc.13 Oct
  • 8-KCompletion of Acquisition or Disposition of Assets17 Sep
  • Form 4/ADeLuca Teresa20 Aug
  • Form 4DeLuca Teresa19 Aug
  • SC 13GSurgery Partners, Inc.14 Aug
  • 10-QQ2ended 30 Jun 202610 Aug
  • 8-KResults of Operations and Financial Condition10 Aug

News

  • SGRY Securities Notice: Surgery Partners Shareholders are Notified to Contact BFA Law about its Investigation into the $23.50 per Share Take-Private Merger11 Nov
  • BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Lumentum Holdings Inc. (Nasdaq – LITE), ARRAY Technologies, Inc. (NASDAQ – ARRY), Surgery Partners, Inc. (Nasdaq – SGRY), Range Resources Corporation (NYSE – RRC)10 Nov
  • SHAREHOLDER BUYOUT ALERT: Kaskela Law LLC Announces Investigation into Proposed Buyout of Surgery Partners, Inc. (SGRY) Shareholders at $23.50 Per Share – Fair Price or Insufficiently Low?10 Nov
  • Surgery Partners (SGRY) Beats Q3 Earnings Estimates9 Nov
  • Surgery Partners, Inc. Announces Third Quarter 2026 Results9 Nov
  • Surgery Partners and HealthSpan Partners Announce Amended Merger Agreement, Following Receipt of Unsolicited Proposal9 Nov
  • SGRY Deal Alert: Surgery Partners $23.50 per Share Merger Under Investigation – Contact BFA Law about the Pending Merger Investigation9 Nov
  • SGRY Investigation Reminder: Surgery Partners Shareholders Notified of Investigation into $23.50 per Share Merger – Contact BFA Law6 Nov
  • SGRY Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Surgery Partners to HealthSpan Partners4 Nov
  • INVESTIGATION ALERT - The M&A Class Action Firm Is Investigating the Merger – RRC, SGRY, BOLT and PCRX - IS IT A FAIR DEAL FOR YOU?4 Nov
  • SGRY Investigation Reminder: Surgery Partners $23.50 per Share Merger Triggers Investigation on Behalf of Shareholders – Contact BFA Law if You Hold Shares4 Nov
  • Halper Sadeh LLC is Investigating Whether LITE, RRC, SGRY are Obtaining Fair Deals for their Shareholders3 Nov
  • INVESTIGATION ALERT - The M&A Class Action Firm Is Investigating the Merger - RRC, SGRY, BOLT and PCRX - IS IT A FAIR DEAL FOR YOU?3 Nov
  • SGRY Shareholder Notice: Surgery Partners $23.50 per Share Merger Under Investigation on Behalf of Shareholders3 Nov
  • SURGERY PARTNERS, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Surgery Partners, Inc.'s Directors for Breach of Fiduciary Duties – SGRY2 Nov
  • SGRY Legal Notice: Surgery Partners Shareholders Are Notified to Contact BFA Law About the Ongoing Investigation Into the $23.50 Per Share Merger2 Nov
  • SGRY Investigation Reminder: Surgery Partners' $23.50 per Share Merger Is Under Investigation – Contact BFA Law if You Hold Shares30 Oct
  • SGRY Merger Notice: BFA Law Notifies Surgery Partners Shareholders of the Ongoing Investigation into the $23.50 per Share Merger29 Oct
  • $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Surgery Partners, Inc. (NASDAQ: SGRY)28 Oct
  • Surgery Partners Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Surgery Partners, Inc. - SGRY27 Oct

Mentions in Filings

  • … D. During the first quarter of 2026, we completed construction and began recording rental income on a $10.7 million capital addition project at an Avondale, Arizona facility leased to Lifepoint Behavioral. 2025 Activity During the third quarter of 2025, we completed construction and began recording rental income on two projects totaling approximately $36 million, one of which is leased to Lifepoint Behavioral and the other to <strong>Surgery Partners</strong>.
    MPT Operating Partnership, L.P.Surgery Partners, Inc.·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … mal impact on all key metrics in 2026 and positively contribute to Attributed Lives and Adjusted EBITDA in 2027. Exits Montana Partnership effective January 2027 Privia Health has agreed to end its partnership with <strong>Surgery Partners</strong> in Montana effective January 2027. The Company supports 69 providers and generated approximately $23 million in annual Practice Collections in Montana. This is expected to have no material impact on Adjusted EBITDA i …
    Privia Health Group, Inc.Surgery Partners, Inc.·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·5 Nov
  • … om October 2018 to August 2020. Prior to Envision, Ms. Sparks was the interim Chief Financial Officer at Brookdale Senior Living and, before that, she served as Executive Vice President and Chief Financial Officer of <strong>Surgery Partners</strong>, which acquired Symbion, Inc. in November 2014, until January 2018. Ms. Sparks also served in various positions with Symbion, including Senior Vice President and Chief Financial Officer. Ms. Sparks began her career a …
    InnovAge Holding Corp.Surgery Partners, Inc.·DEF 14A - Definitive proxy statement·Q2 27·22 Oct
  • #\*Surgery Partners, Inc. 468,138 6,956,531 \*Tactile Systems Technology, Inc. 149,241 4,307,095
    Dimensional ETF TrustSurgery Partners, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … 4x Priory Group $ 1,224,170 Behavioral MEDIAN 673, 556 Post Acute 2.3x Ernest Health 615, 530 Post Acute 2.5x Swiss Medical Network 593, 592 General Acute 2.0x 2.1x Aspris Children’s Services 241, 808 Behavioral 5.6x <strong>Surgery Partners</strong> 214, 471 General Acute 193, 421 General Acute 3.0x Pipeline Health System Prime Healthcare 154, 757 General Acute 2.2x Vibra Healthcare 150, 993 Post Acute 2.8x 2.1x IMED Hospitales 129, 058 General Acute 2.7x Other …
    MPT Operating Partnership, L.P.Surgery Partners, Inc.·EX-99.2 - 8-K - Results of Operations and Financial Condition·Q3 26·10 Aug
  • … mpany(1)(2) | Investment | Reference Rate and Spread (5) | | Interest Rate | Purchase Date | Maturity Date | Principal/ Par Amount(3) | | Amortized Cost(4) | Fair Value | Percentage of Net Assets | | | Ascend Plastic <strong>Surgery Partners</strong> MSO LLC | First lien senior secured term loan | S + | 5.00% | 9.07% | 5/3/2024 | 5/3/2029 | 6,739 | | 6,648 | 6,654 | 0.24 | % | | ASP Global Holdings, LLC | First lien senior secured delayed draw term loan | S + | 5 …
    TPG Twin Brook Capital Income FundSurgery Partners, Inc.·10-Q - Quarterly report Q3·Q3 26·05:28PM

Key Stats

Trading

Px/Chg 1D$13.32 / +0.68%
Avg Volume1.53M
Beta0.52
Mkt Cap1.74B
FD Mkt Cap1.74B

Float

Shrs Out/Float130.79M / 77.94M
Short Float0.19%
Days to Cover10.42
Stock Repurchased$0.00

Current Valuation

EV7.38B
EV/EBITDA7.70
EV/Sales2.21
P/B1.03
P/S0.52
FCF Yield-0.25%
ROE-2.13%
ROA-0.45%
Current Ratio1.86

Estimates

P/E-22.89
Est P/E0.00
Est EPS-0.15
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-104.42-66.30-270.23-16.63-120.42-48.53
Price / Sales1.541.431.170.902.042.15
Price / Book Value1.421.811.621.561.051.03
Price / Free Cash Flow-61.9846.2915.6913.3319.94-405.14
ENTERPRISE VALUE METRICS
Enterprise Value7,573.77,551.77,456.18,074.37,405.27,381.1
Enterprise Value / Sales5.152.972.722.598.379.10
Enterprise Value / EBITDA28.8316.4216.7116.1025.0969.83
Enterprise Value / EBIT41.8221.8822.7323.1531.48109.84

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue10.4%2,225.12,539.32,743.33,114.33,308.7
Gross Income11.7%491.4574.9647.5745.6765.0
EBITDA9%401.0460.0446.1501.4565.5
EBIT6.5%302.2345.2328.0348.8389.5
Net Income2.4%-70.9-54.6-11.9-168.1-77.9
EPS (Diluted)-14.1%-1.12-0.59-0.09-1.33-0.61
BALANCE SHEET
Cash & ST Inv-11.4%389.9282.9195.9269.5239.9
Total Assets7.7%6,117.66,682.16,876.77,890.08,242.0
Total Liabilities5.4%3,817.83,399.23,514.84,254.84,715.2
Total Shareholder Equity12%1,089.01,998.21,987.21,789.71,712.9
CASH FLOW
Net Operating Cash Flow33.2%87.1158.8293.8300.1274.3
Cap Ex8.1%-57.6-80.6-88.8-90.4-78.7
Free Cash Flow60.5%29.578.2205.0209.7195.6

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)26.71
Basic Shares130.79
Market Cap3,492.7
Diluted Shares128.83
Fully Diluted Shares Outstanding128.83
Fully Diluted Market Cap3,440.3
+Consolidated Debt4,017.5
−In-the-Money Convertible Debt—
+Capital Leases266.3
+Operating Leases—
−Cash & Equivalents-216.7
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,431.0
+Pension Liabilities—
Enterprise Value8,724.5

Segment data

Revenue

by Products and services

  • Healthcare Organization, Patient Service49%
  • Private Insurance26%
  • Government Revenue21%
  • Self-pay Revenue1%
  • Other Services1%

Revenue

by Geography

  • Idaho100%

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Surgery Partners, Inc. — Company Profile

Surgery Partners, Inc. operates a nationwide network of surgical facilities and associated medical services across the United States. Its business is categorized into two segments: Surgical Facility Services and Ancillary Services. These surgical venues include both ambulatory surgery centers and dedicated surgical hospitals, delivering non-urgent surgical procedures across various specialties such as gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The surgical hospitals additionally offer comprehensive ancillary services, including diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care. The dedicated Ancillary Services segment further encompasses multi-specialty physician practices, urgent care facilities, and anesthesia services. By December 31, 2021, the company's portfolio consisted of 126 surgical facilities—specifically, 108 ambulatory surgical centers and 18 surgical hospitals—situated across 31 states. Founded in 2004, Surgery Partners, Inc. maintains its headquarters in Brentwood, Tennessee.

Sector
Consumer Staples
Industry
Personal Care Products
Exchange
UQ
CEO
J. Eric Evans
Headquarters
Brentwood, TN, US
IPO Date
Sep 30, 2015
Employees
16,000
Website
www.surgerypartners.com

Key Metrics

Price
$13.32
Market Cap
$1.74B
Revenue (TTM)
$810.90M
Net Income (TTM)
$-35900000.00
EPS (TTM)
-0.28
P/E (TTM)
-22.89
P/B (TTM)
1.03
Dividend Yield
0.00%
ROE (TTM)
-2.13%
ROA (TTM)
-0.45%
Operating Margin
10.16%
Beta
0.52

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Surgery Partners, Inc. operates a nationwide network of surgical facilities and associated medical services across the United States. Its business is categorized into two segments: Surgical Facility Services and Ancillary Services. These surgical venues include both ambulatory surgery centers and dedicated surgical hospitals, delivering non-urgent surgical procedures across various specialties such as gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The surgical hospitals additionally offer comprehensive ancillary services, including diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care. The dedicated Ancillary Services segment further encompasses multi-specialty physician practices, urgent care facilities, and anesthesia services. By December 31, 2021, the company's portfolio consisted of 126 surgical facilities—specifically, 108 ambulatory surgical centers and 18 surgical hospitals—situated across 31 states. Founded in 2004, Surgery Partners, Inc. maintains its headquarters in Brentwood, Tennessee.

Website
www.surgerypartners.com
Location
Brentwood, TN, US
Phone615 234 5900
Employees16,000
CEOJ. Eric Evans
Sector
Consumer Staples
Industry
Personal Care Products
IPO DateSep 30, 2015

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(840)

Expand
  • 10-QQ3ended 30 Sept 20269 Nov
  • DEFA14ADefinitive additional materials9 Nov
  • DEFA14ADefinitive additional materials9 Nov
  • 8-KResults of Operations and Financial Condition9 Nov
  • DEFA14ADefinitive additional materials9 Nov
  • 8-KEntry into a Material Definitive Agreement9 Nov
  • SC 13G/ASurgery Partners, Inc.6 Nov
  • DEFA14ADefinitive additional materials28 Oct
  • DEFA14ADefinitive additional materials27 Oct
  • DEFA14ADefinitive additional materials26 Oct
  • SC 13D/ASurgery Partners, Inc.26 Oct
  • DEFA14ADefinitive additional materials26 Oct
  • 8-KEntry into a Material Definitive Agreement26 Oct
  • SC 13GSurgery Partners, Inc.13 Oct
  • 8-KCompletion of Acquisition or Disposition of Assets17 Sep
  • Form 4/ADeLuca Teresa20 Aug
  • Form 4DeLuca Teresa19 Aug
  • SC 13GSurgery Partners, Inc.14 Aug
  • 10-QQ2ended 30 Jun 202610 Aug
  • 8-KResults of Operations and Financial Condition10 Aug

News

  • SGRY Securities Notice: Surgery Partners Shareholders are Notified to Contact BFA Law about its Investigation into the $23.50 per Share Take-Private Merger11 Nov
  • BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Lumentum Holdings Inc. (Nasdaq – LITE), ARRAY Technologies, Inc. (NASDAQ – ARRY), Surgery Partners, Inc. (Nasdaq – SGRY), Range Resources Corporation (NYSE – RRC)10 Nov
  • SHAREHOLDER BUYOUT ALERT: Kaskela Law LLC Announces Investigation into Proposed Buyout of Surgery Partners, Inc. (SGRY) Shareholders at $23.50 Per Share – Fair Price or Insufficiently Low?10 Nov
  • Surgery Partners (SGRY) Beats Q3 Earnings Estimates9 Nov
  • Surgery Partners, Inc. Announces Third Quarter 2026 Results9 Nov
  • Surgery Partners and HealthSpan Partners Announce Amended Merger Agreement, Following Receipt of Unsolicited Proposal9 Nov
  • SGRY Deal Alert: Surgery Partners $23.50 per Share Merger Under Investigation – Contact BFA Law about the Pending Merger Investigation9 Nov
  • SGRY Investigation Reminder: Surgery Partners Shareholders Notified of Investigation into $23.50 per Share Merger – Contact BFA Law6 Nov
  • SGRY Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Surgery Partners to HealthSpan Partners4 Nov
  • INVESTIGATION ALERT - The M&A Class Action Firm Is Investigating the Merger – RRC, SGRY, BOLT and PCRX - IS IT A FAIR DEAL FOR YOU?4 Nov
  • SGRY Investigation Reminder: Surgery Partners $23.50 per Share Merger Triggers Investigation on Behalf of Shareholders – Contact BFA Law if You Hold Shares4 Nov
  • Halper Sadeh LLC is Investigating Whether LITE, RRC, SGRY are Obtaining Fair Deals for their Shareholders3 Nov
  • INVESTIGATION ALERT - The M&A Class Action Firm Is Investigating the Merger - RRC, SGRY, BOLT and PCRX - IS IT A FAIR DEAL FOR YOU?3 Nov
  • SGRY Shareholder Notice: Surgery Partners $23.50 per Share Merger Under Investigation on Behalf of Shareholders3 Nov
  • SURGERY PARTNERS, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Surgery Partners, Inc.'s Directors for Breach of Fiduciary Duties – SGRY2 Nov
  • SGRY Legal Notice: Surgery Partners Shareholders Are Notified to Contact BFA Law About the Ongoing Investigation Into the $23.50 Per Share Merger2 Nov
  • SGRY Investigation Reminder: Surgery Partners' $23.50 per Share Merger Is Under Investigation – Contact BFA Law if You Hold Shares30 Oct
  • SGRY Merger Notice: BFA Law Notifies Surgery Partners Shareholders of the Ongoing Investigation into the $23.50 per Share Merger29 Oct
  • $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Surgery Partners, Inc. (NASDAQ: SGRY)28 Oct
  • Surgery Partners Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Surgery Partners, Inc. - SGRY27 Oct

Mentions in Filings

  • … D. During the first quarter of 2026, we completed construction and began recording rental income on a $10.7 million capital addition project at an Avondale, Arizona facility leased to Lifepoint Behavioral. 2025 Activity During the third quarter of 2025, we completed construction and began recording rental income on two projects totaling approximately $36 million, one of which is leased to Lifepoint Behavioral and the other to <strong>Surgery Partners</strong>.
    MPT Operating Partnership, L.P.Surgery Partners, Inc.·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … mal impact on all key metrics in 2026 and positively contribute to Attributed Lives and Adjusted EBITDA in 2027. Exits Montana Partnership effective January 2027 Privia Health has agreed to end its partnership with <strong>Surgery Partners</strong> in Montana effective January 2027. The Company supports 69 providers and generated approximately $23 million in annual Practice Collections in Montana. This is expected to have no material impact on Adjusted EBITDA i …
    Privia Health Group, Inc.Surgery Partners, Inc.·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·5 Nov
  • … om October 2018 to August 2020. Prior to Envision, Ms. Sparks was the interim Chief Financial Officer at Brookdale Senior Living and, before that, she served as Executive Vice President and Chief Financial Officer of <strong>Surgery Partners</strong>, which acquired Symbion, Inc. in November 2014, until January 2018. Ms. Sparks also served in various positions with Symbion, including Senior Vice President and Chief Financial Officer. Ms. Sparks began her career a …
    InnovAge Holding Corp.Surgery Partners, Inc.·DEF 14A - Definitive proxy statement·Q2 27·22 Oct
  • #\*Surgery Partners, Inc. 468,138 6,956,531 \*Tactile Systems Technology, Inc. 149,241 4,307,095
    Dimensional ETF TrustSurgery Partners, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … 4x Priory Group $ 1,224,170 Behavioral MEDIAN 673, 556 Post Acute 2.3x Ernest Health 615, 530 Post Acute 2.5x Swiss Medical Network 593, 592 General Acute 2.0x 2.1x Aspris Children’s Services 241, 808 Behavioral 5.6x <strong>Surgery Partners</strong> 214, 471 General Acute 193, 421 General Acute 3.0x Pipeline Health System Prime Healthcare 154, 757 General Acute 2.2x Vibra Healthcare 150, 993 Post Acute 2.8x 2.1x IMED Hospitales 129, 058 General Acute 2.7x Other …
    MPT Operating Partnership, L.P.Surgery Partners, Inc.·EX-99.2 - 8-K - Results of Operations and Financial Condition·Q3 26·10 Aug
  • … mpany(1)(2) | Investment | Reference Rate and Spread (5) | | Interest Rate | Purchase Date | Maturity Date | Principal/ Par Amount(3) | | Amortized Cost(4) | Fair Value | Percentage of Net Assets | | | Ascend Plastic <strong>Surgery Partners</strong> MSO LLC | First lien senior secured term loan | S + | 5.00% | 9.07% | 5/3/2024 | 5/3/2029 | 6,739 | | 6,648 | 6,654 | 0.24 | % | | ASP Global Holdings, LLC | First lien senior secured delayed draw term loan | S + | 5 …
    TPG Twin Brook Capital Income FundSurgery Partners, Inc.·10-Q - Quarterly report Q3·Q3 26·05:28PM

Key Stats

Trading

Px/Chg 1D$13.32 / +0.68%
Avg Volume1.53M
Beta0.52
Mkt Cap1.74B
FD Mkt Cap1.74B

Float

Shrs Out/Float130.79M / 77.94M
Short Float0.19%
Days to Cover10.42
Stock Repurchased$0.00

Current Valuation

EV7.38B
EV/EBITDA7.70
EV/Sales2.21
P/B1.03
P/S0.52
FCF Yield-0.25%
ROE-2.13%
ROA-0.45%
Current Ratio1.86

Estimates

P/E-22.89
Est P/E0.00
Est EPS-0.15
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-104.42-66.30-270.23-16.63-120.42-48.53
Price / Sales1.541.431.170.902.042.15
Price / Book Value1.421.811.621.561.051.03
Price / Free Cash Flow-61.9846.2915.6913.3319.94-405.14
ENTERPRISE VALUE METRICS
Enterprise Value7,573.77,551.77,456.18,074.37,405.27,381.1
Enterprise Value / Sales5.152.972.722.598.379.10
Enterprise Value / EBITDA28.8316.4216.7116.1025.0969.83
Enterprise Value / EBIT41.8221.8822.7323.1531.48109.84

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue10.4%2,225.12,539.32,743.33,114.33,308.7
Gross Income11.7%491.4574.9647.5745.6765.0
EBITDA9%401.0460.0446.1501.4565.5
EBIT6.5%302.2345.2328.0348.8389.5
Net Income2.4%-70.9-54.6-11.9-168.1-77.9
EPS (Diluted)-14.1%-1.12-0.59-0.09-1.33-0.61
BALANCE SHEET
Cash & ST Inv-11.4%389.9282.9195.9269.5239.9
Total Assets7.7%6,117.66,682.16,876.77,890.08,242.0
Total Liabilities5.4%3,817.83,399.23,514.84,254.84,715.2
Total Shareholder Equity12%1,089.01,998.21,987.21,789.71,712.9
CASH FLOW
Net Operating Cash Flow33.2%87.1158.8293.8300.1274.3
Cap Ex8.1%-57.6-80.6-88.8-90.4-78.7
Free Cash Flow60.5%29.578.2205.0209.7195.6

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)26.71
Basic Shares130.79
Market Cap3,492.7
Diluted Shares128.83
Fully Diluted Shares Outstanding128.83
Fully Diluted Market Cap3,440.3
+Consolidated Debt4,017.5
−In-the-Money Convertible Debt—
+Capital Leases266.3
+Operating Leases—
−Cash & Equivalents-216.7
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,431.0
+Pension Liabilities—
Enterprise Value8,724.5

Segment data

Revenue

by Products and services

  • Healthcare Organization, Patient Service49%
  • Private Insurance26%
  • Government Revenue21%
  • Self-pay Revenue1%
  • Other Services1%

Revenue

by Geography

  • Idaho100%

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