EHC vs SGRY Stock Comparison

Encompass Health and Surgery Partners Prices as of Oct 23, 2026 Peers: Industry group
EHC Encompass Health Corp
$124.19 +1.6% 1M -1.8% 1Y
Market cap
$12.25B
P/E
19.7x
Revenue (TTM)
$6.21B
Div. yield
0.01%
Hospitals Healthcare
10 wins

Head to Head

10 decided of 12

Encompass Health leads on 10 of the 12 questions below (Encompass Health 10). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEHCSGRYLeader
Larger companyMarket capitalisation $12.25B $2.99B EHC
Cheaper on earningsLower P/E, profitable companies only 19.7x -33.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.9x 37.5x EHC
Faster revenue growthRevenue growth, trailing twelve months +9.5% +4.0% EHC
More profitableNet margin, trailing twelve months 10.0% -2.6% EHC
Better return on capitalReturn on invested capital 15.4% 5.3% EHC
Less leveragedLower net debt / EBITDA 1.7x 6.3x EHC
Higher dividend yieldTrailing dividend yield 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -1.8% -28.3% EHC
Better 5-year returnAnnualised price return, 5 years +12.0%/yr -18.4%/yr EHC
Less volatileAnnualised volatility, 1 year 29.4% 54.1% EHC
Higher overall scoreMean of the five percentile scores vs peers 64/100 57/100 EHC

Percentile Scorecard

EHCSGRY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEHCSGRY
Valuation 77 #22 of 93 89 #11 of 93
Growth 55 #40 of 88 43 #51 of 88
Profitability 90 #10 of 87 64 #32 of 87
Financial Health 39 #61 of 100 31 #69 of 100
Shareholder Returns 58 #24 of 56 –
Overall 64 57
  • EHC ranked among 103 companies in Healthcare Providers
  • SGRY ranked among 103 companies in Healthcare Providers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEHCSGRYSPY
1 month +1.6%+8.2% -1.0%
3 months +10.0%+0.1% +2.9%
6 months +21.8%+9.8% +6.4%
Year to date +17.0%+1.9% +11.4%
1 year -1.8%-28.3% +13.1%
3 years +98.7%-35.1% +79.4%
3 years, per year +25.7%-13.4% +21.5%
5 years +75.8%-63.8% +67.7%
5 years, per year +12.0%-18.4% +10.9%
10 years +210.6%-22.6% +255.2%
10 years, per year +12.0%-2.5% +13.5%

Risk

MeasureEHCSGRYSPY
Volatility, 1Y 29.4%54.1% 12.7%
Downside volatility, 1Y 24.8%65.5% 12.7%
Beta vs S&P 500, 1Y 0.040.67 1.00
Return / volatility, 1Y -0.06-0.52 1.03
Max drawdown, 5Y -39.1%-81.4% -25.4%
From 52-week high -2.9%-31.3% -2.5%
52-week high $127.92$22.94 $779.14
52-week low $93.83$11.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEHCSGRY
P/E now vs peer median 19.8xmedian 25.3x -22.9xmedian 25.3x
P/S now vs peer median 2.0xmedian 1.6x 0.6xmedian 1.6x
EV/EBITDA now vs peer median 9.9xmedian 14.6x 10.0xmedian 14.6x
P/FCF now vs peer median 29.6xmedian 22.7x 11.0xmedian 22.7x
P/B now vs peer median 3.6xmedian 3.3x 0.7xmedian 3.3x
PEG now vs peer median 0.76median 0.66 1.33median 0.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEHCSGRY
Revenue $6.21B $3.37B
Operating income – $383.80M
Net income $833.30M $48.10M
Free cash flow $413.40M $187.60M
EPS (diluted) $6.21 $-0.69
Cash & equivalents $107.70M $216.70M
Total debt $2.63B $3.75B
Shares (diluted) 100.00M 128.83M
Enterprise value $11.91B $2.15B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEHCSGRY
P/E 19.8x -22.9x
P/FCF 29.6x 11.0x
P/Operating cash flow 10.1x 8.0x
P/S 2.0x 0.6x
P/B 3.6x 0.7x
P/Tangible book 4.0x 0.7x
EV/EBITDA 9.9x 10.0x
EV/EBIT 12.8x 14.6x
EV/Revenue 2.4x 1.7x
EV/FCF 35.7x 29.8x
EV/Operating cash flow 12.2x 21.7x
PEG (3Y EPS CAGR) 0.76 1.33

Growth

14 metrics
MetricEHCSGRY
Revenue growth (1Y) 9.5% 4.0%
Revenue CAGR (3Y) 10.7% 8.1%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – 6.1%
Operating income CAGR (3Y) – 7.1%
Net income growth (1Y) 20.3% 136.2%
Net income CAGR (3Y) 26.2% 15.6%
EPS growth (1Y) 21.5% 51.6%
EPS CAGR (3Y) 26.0% -17.2%
Operating cash flow growth (1Y) 9.7% -2.2%
Operating cash flow CAGR (3Y) 21.4% 16.4%
Free cash flow growth (1Y) -5.9% 7.0%
Free cash flow CAGR (3Y) 62.3% 36.7%

Profitability

14 metrics
MetricEHCSGRY
Gross margin – –
EBITDA margin 24.2% 16.7%
Operating margin – 11.4%
Pretax margin 16.6% 11.4%
Net margin 10.0% -2.6%
FCF margin 6.7% 5.6%
Operating cash flow margin 19.5% 7.7%
Return on equity 24.8% 2.6%
Return on assets 11.3% 1.0%
Return on invested capital 15.4% 5.3%
Return on capital employed 17.7% 5.1%
Asset turnover 0.8x 0.4x
Cash conversion (OCF / net income) 1.5x 5.4x
Stock comp / revenue 0.9% 0.3%

Financial Health

11 metrics
MetricEHCSGRY
Debt / assets 35.3% 46.6%
Debt / equity 0.8x 1.2x
Net debt / EBITDA 1.7x 6.3x
Debt / FCF 6.4x 20.0x
Liabilities / assets 54.4% 61.5%
Equity / assets 45.6% 38.5%
Interest coverage 9.2x –
Current ratio 1.2x 1.9x
Quick ratio 0.9x 1.4x
Cash ratio 0.1x 0.4x
Altman Z-score – 0.76

Shareholder Returns

7 metrics
MetricEHCSGRY
Dividend yield 0.6% –
Net buyback yield 2.0% –
Shareholder yield 2.6% –
Payout ratio (earnings) 9.0% –
Payout ratio (FCF) 18.2% –
Dividend growth (1Y) 12.1% –
Dividend CAGR (3Y) 0.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEHCSGRY
Forward P/E 20.9xFY2026 37.5xFY2026
EPS, next fiscal year $5.94FY2026 $0.42FY2026
EPS growth, next FY +9.0%FY2026 -10.6%FY2026
EPS growth, the year after +7.1% -2.4%
Revenue, next fiscal year $6.62BFY2026 $3.46BFY2026
Revenue growth, next FY +11.5%FY2026 +4.7%FY2026
Revenue growth, the year after +9.2% -1.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEHCSGRY
Held by institutions 96.0% 100.0%
Institutions holding 595 189
Change in shares held, QoQ -0.8% -0.8%
Institutions buying 292 111
Institutions selling 217 50
Buyers to sellers 1.35 2.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EHCSGRY
EHC 1.00 0.14
SGRY 0.14 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, EHC and SGRY?

Encompass Health (EHC) is the largest by market capitalisation: Encompass Health (EHC) $12.25B, Surgery Partners (SGRY) $2.99B.

Which company is growing faster?

Encompass Health (EHC) grew revenue fastest over the trailing twelve months: Encompass Health (EHC) +9.5%, Surgery Partners (SGRY) +4.0%.

Which company is more profitable?

Encompass Health (EHC) has the highest net margin (Encompass Health (EHC) 10.0%, Surgery Partners (SGRY) -2.6%). On return on invested capital, Encompass Health (EHC) leads (Encompass Health (EHC) 15.4%, Surgery Partners (SGRY) 5.3%).

Which stock has performed better?

Over the past year Encompass Health (EHC) returned the most: Encompass Health (EHC) -1.8%, Surgery Partners (SGRY) -28.3%. Over five years, Encompass Health (EHC) compounded fastest (Encompass Health (EHC) +12.0%/yr, Surgery Partners (SGRY) -18.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Encompass Health (EHC) 0.01%, Surgery Partners (SGRY) 0.00%. Surgery Partners (SGRY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Encompass Health (EHC) has been the steadiest (Encompass Health (EHC) 29.4%, Surgery Partners (SGRY) 54.1%). Volatility measures how widely the price swings, not the risk of the business.

Do EHC and SGRY move together?

Their daily returns over the past year have a correlation of 0.14, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, EHC and SGRY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Encompass Health (EHC) leads on 10. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.