Surgery Partners (SGRY) EBITDA Margin (2014 - 2026)
Surgery Partners recorded quarterly EBITDA Margin of 8.11% in Q1 2026, down 34.83% quarter-over-quarter from 12.45% in Q4 2025, and up 14.0% year-over-year from 7.12% in Q1 2025.
Surgery Partners' EBITDA Margin history runs 13 years deep, the most recent figure standing at 8.11% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 14.0% year-over-year to 8.11%; the TTM figure through Mar 2026 stood at 11.77% (up 122.0% YoY), while the FY2025 annual figure was 16.92%, up 107.0% from the prior year.
- EBITDA Margin came in at 8.11% for Q1 2026 at Surgery Partners, down from 12.45% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 16.84% in Q1 2022 to a low of 6.96% in Q1 2023.
- A 5-year average of 11.85% and a median of 12.43% in 2022 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin plunged 988 bps in 2023 and surged 496 bps in 2025, its largest moves.
- Surgery Partners' EBITDA Margin stood at 13.32% in 2022, then grew by 4 bps to 13.79% in 2023, then climbed by 7 bps to 14.7% in 2024, then retreated by 15 bps to 12.45% in 2025, then tumbled by 35 bps to 8.11% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 8.11%, 12.45%, and 12.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.02% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 15.04% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 8.45% |
| 10 | Surgery Partners | 1.71 Bn | 1.92 Bn | 590.70 Mn | 8.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.11% |
| Dec 31, 2025 | 12.45% |
| Sep 30, 2025 | 12.87% |
| Jun 30, 2025 | 13.52% |
| Mar 31, 2025 | 7.98% |
| Dec 31, 2024 | 14.70% |
| Sep 30, 2024 | 7.90% |
| Jun 30, 2024 | 11.13% |
| Mar 31, 2024 | 10.59% |
| Dec 31, 2023 | 13.79% |
| Sep 30, 2023 | 12.25% |
| Jun 30, 2023 | 14.62% |
| Mar 31, 2023 | 6.96% |
| Dec 31, 2022 | 13.32% |
| Sep 30, 2022 | 11.94% |
| Jun 30, 2022 | 12.43% |
| Mar 31, 2022 | 16.84% |
| Dec 31, 2021 | 18.81% |
| Sep 30, 2021 | 11.37% |
| Jun 30, 2021 | 10.95% |
| Mar 31, 2021 | 12.55% |
| Dec 31, 2020 | 17.56% |
| Sep 30, 2020 | 3.73% |
| Jun 30, 2020 | 11.93% |
| Mar 31, 2020 | 5.33% |
| Dec 31, 2019 | 13.88% |
| Sep 30, 2019 | 13.05% |
| Jun 30, 2019 | 12.46% |
| Mar 31, 2019 | 11.90% |
| Dec 31, 2018 | 10.22% |
| Sep 30, 2018 | 10.41% |
| Jun 30, 2018 | 9.96% |
| Mar 31, 2018 | 10.02% |
| Aug 31, 2017 | -7.75% |
| Jun 30, 2017 | 13.09% |
| Mar 31, 2017 | 14.58% |
| Dec 31, 2016 | 22.36% |
| Sep 30, 2016 | 15.16% |
| Jun 30, 2016 | 0.73% |
| Mar 31, 2016 | 12.84% |
| Dec 31, 2015 | 8.02% |
| Sep 30, 2015 | 18.48% |
| Jun 30, 2015 | -2.33% |
| Mar 31, 2015 | 17.11% |
| Dec 31, 2014 | -2.04% |
| Sep 30, 2014 | 25.76% |