Surgery Partners (SGRY) Free Cash Flow (2014 - 2026)
Surgery Partners (SGRY) posted Free Cash Flow of $37.5 million for Q2 2026, down 35.2% from $57.9 million a year earlier.
Surgery Partners (SGRY) Free Cash Flow (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Surgery Partners was $187.6 million, up 7.0% year-over-year; for FY2025, it was $195.6 million, down 6.7% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- In prior years, Surgery Partners' Free Cash Flow was $209.7 million in FY2024 (+2.3%), $205 million in FY2023 (+162.1%), $78.2 million in FY2022 (+165.1%) and $29.5 million in FY2021 (-85.5%).
- Quarterly Free Cash Flow has run from a low of -$16.7 million in Q1 2025 to a high of $90.6 million in Q4 2025 over five years.
- On a year-over-year basis, Free Cash Flow increased in four of the last six quarters, with growth averaging 12.1%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q3 2023, with growth of 591.1%; the weakest was Q1 2024, with a decline of 60.8%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was -$4.3 million (Q1 2026), $90.6 million (Q4 2025) and $63.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 1.10 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -8.64 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 459.00 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 313.90 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -69.54 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 417.00 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | -13.65 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 62.30 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 14.88 Mn |
| 10 | Surgery Partners | 1.82 Bn | 2.40 Bn | - | 37.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.50 Mn |
| Mar 31, 2026 | -4.30 Mn |
| Dec 31, 2025 | 90.60 Mn |
| Sep 30, 2025 | 63.80 Mn |
| Jun 30, 2025 | 57.90 Mn |
| Mar 31, 2025 | -16.70 Mn |
| Dec 31, 2024 | 89.10 Mn |
| Sep 30, 2024 | 45.00 Mn |
| Jun 30, 2024 | 55.90 Mn |
| Mar 31, 2024 | 19.70 Mn |
| Dec 31, 2023 | 42.80 Mn |
| Sep 30, 2023 | 85.70 Mn |
| Jun 30, 2023 | 26.30 Mn |
| Mar 31, 2023 | 50.20 Mn |
| Dec 31, 2022 | -15.50 Mn |
| Sep 30, 2022 | 12.40 Mn |
| Jun 30, 2022 | 19.70 Mn |
| Mar 31, 2022 | 61.60 Mn |
| Dec 31, 2021 | 5.60 Mn |
| Sep 30, 2021 | -600,000.00 |
Surgery Partners Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=SGRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "SGRY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=SGRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();