Surgery Partners (SGRY) EBITDA Margin (2014 - 2026)
Surgery Partners' (SGRY) quarterly EBITDA Margin came in at 8.11% in Q1 2026, up 14.0% year-on-year from 7.12% in Q1 2025, and down 34.83% quarter-over-quarter from 12.45% in Q4 2025.
Surgery Partners (SGRY) EBITDA Margin (2014 - 2026) Analysis & Trends
Surgery Partners has disclosed EBITDA Margin across 13 years of filings, most recently posting 8.11% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 8.11%, up 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.77% (up 122.0% YoY), and the FY2025 annual result 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.
- The 5-year median for EBITDA Margin is 12.43% (2022), against an average of 11.85%.
- Across the five-year window, EBITDA Margin sank 988 bps in 2023 and jumped 496 bps in 2025, its largest moves.
- Surgery Partners' EBITDA Margin stood at 13.32% in 2022, then climbed by 4 bps to 13.79% in 2023, then advanced by 7 bps to 14.7% in 2024, then fell by 15 bps to 12.45% in 2025, then plunged by 35 bps to 8.11% in 2026.
- The last three EBITDA Margin figures came in at 8.11% (Q1 2026), 12.45% (Q4 2025), and 12.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 4,926.74% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 15.04% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 8.45% |
| 10 | Surgery Partners | 1.87 Bn | 2.07 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% |