Surgery Partners (SGRY) Gross Margin (2014 - 2019)
Surgery Partners (SGRY) recorded Gross Margin of 24.98% in Q4 2019, down 1.79 percentage points from 26.77% a year earlier but up 3.10 percentage points from the prior quarter.
Surgery Partners (SGRY) Gross Margin (2014 - 2019) Analysis & Trends
For FY2019, Surgery Partners reported Gross Margin of 23.14%, down 0.01 percentage points from FY2018.
- Annual Gross Margin has declined for six straight years, with a five-year change of -13.83 percentage points (FY2014 to FY2019).
- Across earlier years, Gross Margin came in at 23.15% in FY2018 (-2.33 pp), 25.48% in FY2017 (-2.83 pp), 28.31% in FY2016 (-1.96 pp) and 30.27% in FY2015 (-6.70 pp).
- Quarterly Gross Margin has ranged from 20.42% in Q1 2018 to 30.61% in Q2 2015 over the past five years.
- On a year-over-year basis, Gross Margin rose in two of the last four quarters, with an average year-over-year change of +0.05 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 1.47 percentage points in Q2 2019, against a drop of 10.99 percentage points in Q3 2015 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.88% (Q3 2019), 23.57% (Q2 2019) and 21.76% (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 29.80% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 32.70% |
| 10 | Surgery Partners | 1.92 Bn | 2.51 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 24.98% |
| Sep 30, 2019 | 21.88% |
| Jun 30, 2019 | 23.57% |
| Mar 31, 2019 | 21.76% |
| Dec 31, 2018 | 26.77% |
| Sep 30, 2018 | 22.69% |
| Jun 30, 2018 | 22.10% |
| Mar 31, 2018 | 20.42% |
| Dec 31, 2017 | 25.48% |
| Jun 30, 2017 | 24.94% |
| Mar 31, 2017 | 25.94% |
| Dec 31, 2016 | 29.98% |
| Sep 30, 2016 | 28.76% |
| Jun 30, 2016 | 27.90% |
| Mar 31, 2016 | 26.35% |
| Dec 31, 2015 | 30.44% |
| Sep 30, 2015 | 29.54% |
| Jun 30, 2015 | 30.61% |
| Mar 31, 2015 | 30.50% |
| Dec 31, 2014 | 32.89% |
Surgery Partners Gross Margin 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=gross-margin&ticker=SGRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=SGRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();