FCHS vs SGRY vs PGNY Stock Comparison

First Choice Healthcare Solutions, Surgery Partners and Progyny Prices as of Oct 26, 2026 Peers: Industry group
SGRY Surgery Partners, Inc.
$23.36 +62.2% 1M +2.0% 1Y
Market cap
$3.01B
P/E
–
Revenue (TTM)
$3.37B
Div. yield
–
Healthcare Services Healthcare
2 wins
PGNY Progyny, Inc.
$27.72 +9.0% 1M +41.9% 1Y
Market cap
$2.19B
P/E
27.8x
Revenue (TTM)
$1.31B
Div. yield
–
Healthcare Services Healthcare
6 wins

Head to Head

9 decided of 12

Progyny leads on 6 of the 12 questions below (Progyny 6, Surgery Partners 2, First Choice Healthcare Solutions 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFCHSSGRYPGNYLeader
Larger companyMarket capitalisation $329.58K $3.01B $2.19B SGRY
Cheaper on earningsLower P/E, profitable companies only 0.0x -33.9x 27.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 58.4x 22.7x PGNY
Faster revenue growthRevenue growth, trailing twelve months — +4.0% +5.5% PGNY
More profitableNet margin, trailing twelve months — -2.6% 6.0% PGNY
Better return on capitalReturn on invested capital — 5.3% — –
Less leveragedLower net debt / EBITDA -10.9x 6.3x — FCHS
Higher dividend yieldTrailing dividend yield — 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months 0.0% +2.0% +41.9% PGNY
Better 5-year returnAnnualised price return, 5 years -32.3%/yr -10.6%/yr -14.3%/yr SGRY
Less volatileAnnualised volatility, 1 year 209.8% 66.8% 53.7% PGNY
Higher overall scoreMean of the five percentile scores vs peers 13/100 56/100 77/100 PGNY

Percentile Scorecard

FCHSSGRYPGNY

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

AxisFCHSSGRYPGNY
Valuation 2 #90 of 92 84 #16 of 92 79 #20 of 92
Growth 36 #56 of 87 43 #50 of 87 55 #40 of 87
Profitability – 66 #30 of 86 78 #20 of 86
Financial Health 1 #96 of 97 30 #68 of 97 84 #16 of 97
Shareholder Returns – – 87 #8 of 56
Overall 13 56 77
  • FCHS ranked among 102 companies in Healthcare Providers
  • SGRY ranked among 102 companies in Healthcare Providers
  • PGNY ranked among 102 companies in Healthcare Providers

Price Performance

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

Returns

PeriodFCHSSGRYPGNYSPY
1 month 0.0%+62.2%+9.0% -0.2%
3 months -50.0%+49.9%-9.9% +3.9%
6 months 0.0%+62.8%+50.8% +8.2%
Year to date 0.0%+51.2%+7.9% +12.9%
1 year 0.0%+2.0%+41.9% +12.3%
3 years 0.0%+4.2%-9.1% +87.4%
3 years, per year 0.0%+1.4%-3.1% +23.3%
5 years -85.7%-42.9%-53.7% +67.9%
5 years, per year -32.3%-10.6%-14.3% +10.9%
10 years -99.1%+40.1%— +261.1%
10 years, per year -37.4%+3.4%— +13.7%

Risk

MeasureFCHSSGRYPGNYSPY
Volatility, 1Y 209.8%66.8%53.7% 12.7%
Downside volatility, 1Y —65.5%52.1% 12.7%
Beta vs S&P 500, 1Y -2.860.820.30 1.00
Return / volatility, 1Y 0.000.030.78 0.97
Max drawdown, 5Y -88.9%-81.4%-79.5% -25.4%
From 52-week high -66.7%0.0%-14.3% -1.2%
52-week high $0.03$23.36$32.36 $779.14
52-week low $0.01$11.49$16.30 $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.

MultipleFCHSSGRYPGNY
P/E now vs peer median 0.0xmedian 24.6x -34.0xmedian 24.6x 27.6xmedian 24.6x
P/S now vs peer median —median 1.6x 0.9xmedian 1.6x 1.6xmedian 1.6x
EV/EBITDA now vs peer median -11.1xmedian 14.6x 11.8xmedian 14.6x 16.2xmedian 14.6x
P/FCF now vs peer median -0.6xmedian 21.6x 16.3xmedian 21.6x 12.0xmedian 21.6x
P/B now vs peer median 0.0xmedian 3.2x 1.0xmedian 3.2x 4.7xmedian 3.2x
PEG now vs peer median -0.01median 0.66 1.97median 0.66 1.10median 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 monthsFCHSSGRYPGNY
Revenue – $3.37B $1.31B
Gross profit – – $322.09M
Operating income -$2.85M $383.80M $112.13M
Net income -$7.00M $48.10M $78.63M
Free cash flow -$586.99K $187.60M $178.38M
EPS (diluted) $-0.22 $-0.69 $0.96
Cash & equivalents $3.86K $216.70M $152.63M
Total debt $118.13M $3.75B –
Shares (diluted) 32.96M 128.83M 82.14M
Enterprise value $310.94K $2.16B $1.07B

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
MetricFCHSSGRYPGNY
P/E 0.0x -34.0x 27.6x
P/FCF -0.6x 16.3x 12.0x
P/Operating cash flow -0.6x 11.9x 10.7x
P/S – 0.9x 1.6x
P/B 0.0x 1.0x 4.7x
P/Tangible book 0.0x 1.0x 4.8x
EV/EBITDA -11.1x 11.8x 16.2x
EV/EBIT -11.0x 17.2x 17.0x
EV/Revenue – 2.0x 1.5x
EV/FCF -53.3x 35.1x 10.7x
EV/Operating cash flow -53.3x 25.6x 9.5x
PEG (3Y EPS CAGR) -0.01 1.97 1.10

Growth

14 metrics
MetricFCHSSGRYPGNY
Revenue growth (1Y) – 4.0% 5.5%
Revenue CAGR (3Y) – 8.1% 11.0%
Gross profit growth (1Y) – – 16.1%
Gross profit CAGR (3Y) – – 15.4%
Operating income growth (1Y) -106.8% 6.1% 46.1%
Operating income CAGR (3Y) 19.9% 7.1% 35.8%
Net income growth (1Y) -73.2% 136.2% 48.0%
Net income CAGR (3Y) 5.7% 15.6% 16.8%
EPS growth (1Y) -72.6% 51.6% 61.5%
EPS CAGR (3Y) 5.6% -17.2% 25.0%
Operating cash flow growth (1Y) 87.1% -2.2% -0.4%
Operating cash flow CAGR (3Y) 33.8% 16.4% 5.9%
Free cash flow growth (1Y) 87.1% 7.0% -6.2%
Free cash flow CAGR (3Y) 33.8% 36.7% 2.5%

Profitability

14 metrics
MetricFCHSSGRYPGNY
Gross margin – – 24.6%
EBITDA margin – 16.7% 9.0%
Operating margin – 11.4% 8.6%
Pretax margin – 11.4% 9.1%
Net margin – -2.6% 6.0%
FCF margin – 5.6% 13.6%
Operating cash flow margin – 7.7% 15.4%
Return on equity – 2.6% 17.6%
Return on assets -172.9% 1.0% 11.1%
Return on invested capital – 5.3% –
Return on capital employed – 5.1% 24.0%
Asset turnover – 0.4x 1.9x
Cash conversion (OCF / net income) 0.1x 5.4x 2.6x
Stock comp / revenue – 0.3% 8.2%

Financial Health

11 metrics
MetricFCHSSGRYPGNY
Debt / assets 764.7% 46.6% –
Debt / equity -0.8x 1.2x –
Net debt / EBITDA -10.9x 6.3x –
Debt / FCF -52.8x 20.0x –
Liabilities / assets 1,112% 61.5% 36.7%
Equity / assets -1,012% 38.5% 63.3%
Interest coverage -0.6x – –
Current ratio 0.0x 1.9x 2.1x
Quick ratio 0.0x 1.4x 2.2x
Cash ratio 0.0x 0.4x 1.0x
Altman Z-score – 0.88 8.21

Shareholder Returns

7 metrics
MetricFCHSSGRYPGNY
Dividend yield – – –
Net buyback yield – – 10.7%
Shareholder yield – – 10.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusFCHSSGRYPGNY
Forward P/E – 58.4xFY2026 22.7xFY2026
EPS, next fiscal year – $0.40FY2026 $1.22FY2026
EPS growth, next FY – -14.9%FY2026 +87.7%FY2026
EPS growth, the year after – -5.0% +21.3%
Revenue, next fiscal year – $3.38BFY2026 $1.28BFY2026
Revenue growth, next FY – +2.2%FY2026 -0.6%FY2026
Revenue growth, the year after – -2.9% +20.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFCHSSGRYPGNY
Held by institutions – 100.0% 100.0%
Institutions holding – 189 309
Change in shares held, QoQ – -0.8% +12.2%
Institutions buying – 111 158
Institutions selling – 50 112
Buyers to sellers – 2.22 1.41

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.

FCHSSGRYPGNY
FCHS 1.00 -0.04 -0.02
SGRY -0.04 1.00 -0.06
PGNY -0.02 -0.06 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FCHS, SGRY and PGNY?

Surgery Partners (SGRY) is the largest by market capitalisation: First Choice Healthcare Solutions (FCHS) $329.58K, Surgery Partners (SGRY) $3.01B, Progyny (PGNY) $2.19B.

Which company is growing faster?

Progyny (PGNY) grew revenue fastest over the trailing twelve months: Surgery Partners (SGRY) +4.0%, Progyny (PGNY) +5.5%.

Which company is more profitable?

Progyny (PGNY) has the highest net margin (Surgery Partners (SGRY) -2.6%, Progyny (PGNY) 6.0%).

Which stock has performed better?

Over the past year Progyny (PGNY) returned the most: First Choice Healthcare Solutions (FCHS) 0.0%, Surgery Partners (SGRY) +2.0%, Progyny (PGNY) +41.9%. Over five years, Surgery Partners (SGRY) compounded fastest (First Choice Healthcare Solutions (FCHS) -32.3%/yr, Surgery Partners (SGRY) -10.6%/yr, Progyny (PGNY) -14.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Progyny (PGNY) has been the steadiest (First Choice Healthcare Solutions (FCHS) 209.8%, Surgery Partners (SGRY) 66.8%, Progyny (PGNY) 53.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FCHS, SGRY and PGNY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Progyny (PGNY) leads on 6. 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.