SGRY vs PRVA vs LFST Stock Comparison

Surgery Partners, Privia Health and LifeStance Health Prices as of Oct 27, 2026 Peers: Industry group
SGRY Surgery Partners, Inc.
$23.36 +62.2% 1M +2.0% 1Y
Market cap
$3.06B
P/E
–
Revenue (TTM)
$3.37B
Div. yield
–
Healthcare Services Healthcare
2 wins

Head to Head

11 decided of 12

LifeStance Health leads on 6 of the 12 questions below (LifeStance Health 6, Privia Health 3, Surgery Partners 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSGRYPRVALFSTLeader
Larger companyMarket capitalisation $3.06B $2.76B $5.00B LFST
Cheaper on earningsLower P/E, profitable companies only -34.0x 97.9x 99.3x PRVA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 58.4x 87.3x 81.9x SGRY
Faster revenue growthRevenue growth, trailing twelve months +4.0% +24.1% +20.4% PRVA
More profitableNet margin, trailing twelve months -2.6% 1.2% 3.2% LFST
Better return on capitalReturn on invested capital 5.3% — 3.4% SGRY
Less leveragedLower net debt / EBITDA 6.3x — 0.2x LFST
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +2.0% -15.2% +156.4% LFST
Better 5-year returnAnnualised price return, 5 years -10.6%/yr -2.6%/yr +1.9%/yr LFST
Less volatileAnnualised volatility, 1 year 66.8% 32.3% 50.5% PRVA
Higher overall scoreMean of the five percentile scores vs peers 56/100 62/100 70/100 LFST

Percentile Scorecard

SGRYPRVALFST

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

AxisSGRYPRVALFST
Valuation 84 #16 of 92 74 #25 of 92 51 #46 of 92
Growth 43 #50 of 87 78 #20 of 87 90 #10 of 87
Profitability 66 #30 of 86 58 #37 of 86 59 #36 of 86
Financial Health 30 #68 of 97 69 #31 of 97 77 #23 of 97
Shareholder Returns – 31 #39 of 56 75 #15 of 56
Overall 56 62 70
  • SGRY ranked among 102 companies in Healthcare Providers
  • PRVA ranked among 102 companies in Healthcare Providers
  • LFST ranked among 102 companies in Healthcare Providers

Price Performance

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

Returns

PeriodSGRYPRVALFSTSPY
1 month +62.2%+10.8%+10.6% -0.2%
3 months +49.9%-12.1%+16.5% +3.9%
6 months +62.8%-12.1%+70.8% +8.2%
Year to date +51.2%-7.9%+86.1% +12.9%
1 year +2.0%-15.2%+156.4% +12.3%
3 years +4.2%0.0%+132.7% +87.4%
3 years, per year +1.4%0.0%+32.5% +23.3%
5 years -42.9%-12.4%+10.0% +67.9%
5 years, per year -10.6%-2.6%+1.9% +10.9%
10 years +40.1%—— +261.1%
10 years, per year +3.4%—— +13.7%

Risk

MeasureSGRYPRVALFSTSPY
Volatility, 1Y 66.8%32.3%50.5% 12.7%
Downside volatility, 1Y 65.5%31.5%41.4% 12.7%
Beta vs S&P 500, 1Y 0.820.590.56 1.00
Return / volatility, 1Y 0.03-0.473.10 0.97
Max drawdown, 5Y -81.4%-62.6%-71.7% -25.4%
From 52-week high 0.0%-22.3%-2.1% -1.2%
52-week high $23.36$28.10$13.38 $779.14
52-week low $11.49$19.10$4.81 $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.

MultipleSGRYPRVALFST
P/E now vs peer median -34.0xmedian 24.6x 97.9xmedian 24.6x 99.3xmedian 24.6x
P/S now vs peer median 0.9xmedian 1.6x 1.2xmedian 1.6x 3.2xmedian 1.6x
EV/EBITDA now vs peer median 11.8xmedian 14.6x 41.2xmedian 14.6x 37.6xmedian 14.6x
P/FCF now vs peer median 16.3xmedian 21.6x 21.0xmedian 21.6x 28.8xmedian 21.6x
P/B now vs peer median 1.0xmedian 3.2x 3.3xmedian 3.2x 3.4xmedian 3.2x
PEG now vs peer median 1.97median 0.66 -12.42median 0.66 3.12median 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 monthsSGRYPRVALFST
Revenue $3.37B $2.36B $1.58B
Gross profit – – $531.85M
Operating income $383.80M $44.88M $78.43M
Net income $48.10M $33.84M $50.60M
Free cash flow $187.60M $131.13M $173.91M
EPS (diluted) $-0.69 $0.21 $0.13
Cash & equivalents $216.70M $412.20M $225.94M
Total debt $3.75B – $258.99M
Shares (diluted) 128.83M 131.83M 387.30M
Enterprise value $3.65B $1.06B $4.13B

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
MetricSGRYPRVALFST
P/E -34.0x 97.9x 99.3x
P/FCF 16.3x 21.0x 28.8x
P/Operating cash flow 11.9x 21.0x 23.0x
P/S 0.9x 1.2x 3.2x
P/B 1.0x 3.3x 3.4x
P/Tangible book 1.0x 4.5x 3.8x
EV/EBITDA 11.8x 41.2x 37.6x
EV/EBIT 17.2x 52.2x 64.2x
EV/Revenue 2.0x 1.0x 3.2x
EV/FCF 35.1x 17.9x 29.0x
EV/Operating cash flow 25.6x 17.9x 23.1x
PEG (3Y EPS CAGR) 1.97 -12.42 3.12

Growth

14 metrics
MetricSGRYPRVALFST
Revenue growth (1Y) 4.0% 24.1% 20.4%
Revenue CAGR (3Y) 8.1% 16.1% 18.2%
Gross profit growth (1Y) – – 24.2%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 6.1% 128.8% 32,780%
Operating income CAGR (3Y) 7.1% 58.0% 35.2%
Net income growth (1Y) 136.2% 81.1% 413.3%
Net income CAGR (3Y) 15.6% 3.9% 32.2%
EPS growth (1Y) 51.6% 84.6% 412.8%
EPS CAGR (3Y) -17.2% -7.9% 31.8%
Operating cash flow growth (1Y) -2.2% 42.7% 48.9%
Operating cash flow CAGR (3Y) 16.4% 49.1% 87.0%
Free cash flow growth (1Y) 7.0% 42.7% 44.8%
Free cash flow CAGR (3Y) 36.7% 49.3% 158.0%

Profitability

14 metrics
MetricSGRYPRVALFST
Gross margin – – 33.6%
EBITDA margin 16.7% 2.4% 8.5%
Operating margin 11.4% 1.9% 4.9%
Pretax margin 11.4% 2.4% 4.2%
Net margin -2.6% 1.2% 3.2%
FCF margin 5.6% 5.6% 11.0%
Operating cash flow margin 7.7% 5.6% 13.7%
Return on equity 2.6% 4.1% 3.4%
Return on assets 1.0% 2.3% 2.3%
Return on invested capital 5.3% – 3.4%
Return on capital employed 5.1% 5.5% 4.2%
Asset turnover 0.4x 1.6x 0.7x
Cash conversion (OCF / net income) 5.4x 3.9x 4.3x
Stock comp / revenue 0.3% 3.2% 4.4%

Financial Health

11 metrics
MetricSGRYPRVALFST
Debt / assets 46.6% – 11.9%
Debt / equity 1.2x – 0.2x
Net debt / EBITDA 6.3x – 0.2x
Debt / FCF 20.0x – 1.5x
Liabilities / assets 61.5% 43.7% 32.3%
Equity / assets 38.5% 56.3% 67.7%
Interest coverage – – 7.8x
Current ratio 1.9x 1.6x 1.4x
Quick ratio 1.4x 1.6x 1.2x
Cash ratio 0.4x 0.6x 0.8x
Altman Z-score 0.88 4.41 4.67

Shareholder Returns

7 metrics
MetricSGRYPRVALFST
Dividend yield – – –
Net buyback yield – -0.2% 2.0%
Shareholder yield – -0.2% 2.0%
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.

ConsensusSGRYPRVALFST
Forward P/E 58.4xFY2026 87.3xFY2026 81.9xFY2026
EPS, next fiscal year $0.40FY2026 $0.25FY2026 $0.16FY2026
EPS growth, next FY -14.9%FY2026 +38.9%FY2026 +700.0%FY2026
EPS growth, the year after -5.0% +72.0% +50.0%
Revenue, next fiscal year $3.38BFY2026 $2.29BFY2026 $1.82BFY2026
Revenue growth, next FY +2.2%FY2026 +8.0%FY2026 +28.1%FY2026
Revenue growth, the year after -2.9% +20.2% +11.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSGRYPRVALFST
Held by institutions 100.0% 97.8% 97.9%
Institutions holding 189 300 286
Change in shares held, QoQ -0.8% +2.0% +1.9%
Institutions buying 111 160 204
Institutions selling 50 102 55
Buyers to sellers 2.22 1.57 3.71

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.

SGRYPRVALFST
SGRY 1.00 0.17 0.11
PRVA 0.17 1.00 0.19
LFST 0.11 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SGRY, PRVA and LFST?

LifeStance Health (LFST) is the largest by market capitalisation: Surgery Partners (SGRY) $3.06B, Privia Health (PRVA) $2.76B, LifeStance Health (LFST) $5.00B.

Which stock is cheaper, SGRY, PRVA and LFST?

Privia Health (PRVA) trades on the lowest price-to-earnings ratio (Surgery Partners (SGRY) -34.0x, Privia Health (PRVA) 97.9x, LifeStance Health (LFST) 99.3x). On next year's consensus earnings, Surgery Partners (SGRY) is cheapest (Surgery Partners (SGRY) 58.4x, Privia Health (PRVA) 87.3x, LifeStance Health (LFST) 81.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Privia Health (PRVA) grew revenue fastest over the trailing twelve months: Surgery Partners (SGRY) +4.0%, Privia Health (PRVA) +24.1%, LifeStance Health (LFST) +20.4%.

Which company is more profitable?

LifeStance Health (LFST) has the highest net margin (Surgery Partners (SGRY) -2.6%, Privia Health (PRVA) 1.2%, LifeStance Health (LFST) 3.2%). On return on invested capital, Surgery Partners (SGRY) leads (Surgery Partners (SGRY) 5.3%, LifeStance Health (LFST) 3.4%).

Which stock has performed better?

Over the past year LifeStance Health (LFST) returned the most: Surgery Partners (SGRY) +2.0%, Privia Health (PRVA) -15.2%, LifeStance Health (LFST) +156.4%. Over five years, LifeStance Health (LFST) compounded fastest (Surgery Partners (SGRY) -10.6%/yr, Privia Health (PRVA) -2.6%/yr, LifeStance Health (LFST) +1.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Privia Health (PRVA) has been the steadiest (Surgery Partners (SGRY) 66.8%, Privia Health (PRVA) 32.3%, LifeStance Health (LFST) 50.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SGRY, PRVA and LFST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, LifeStance Health (LFST) 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.