Surgery Partners (SGRY) Net Margin (2014 - 2026)
Surgery Partners (SGRY) posted Net Margin of 0.26% for Q1 2026, down 107.9% sequentially from 3.28% in Q4 2025, and down 22.0% YoY from 0.33% in Q1 2025.
Surgery Partners (SGRY) Net Margin (2014 - 2026) Analysis & Trends
Surgery Partners has reported Net Margin for 13 years, with the latest figure at 0.26% in Q1 2026.
- Quarterly Net Margin fell 22.0% year-over-year to 0.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.9% (up 329.0% YoY) and the FY2025 annual result came in at 2.99%, up 259.0% from the prior year.
- Net Margin fell to 0.26% in Q1 2026 per SGRY's latest filing, from 3.28% in the prior quarter.
- Over five years, Net Margin peaked at 8.64% in Q2 2023 and troughed at 5.39% in Q4 2024.
- A 5-year average of 1.49% and a median of 2.05% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin jumped 1163 bps in 2023, then slumped 1174 bps in 2024.
- Over 5 years, Net Margin stood at 3.31% in 2022, then jumped by 292 bps to 6.35% in 2023, then plunged by 185 bps to 5.39% in 2024, then surged by 161 bps to 3.28% in 2025, then plunged by 108 bps to 0.26% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.26%, 3.28%, and 3.08% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 9.54% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 14.68% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | -0.04% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 9.66% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 6.93% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 7.73% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 5.35% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 10.06% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 11.10% |
| 10 | Surgery Partners | 1.97 Bn | 3.18 Bn | 622.10 Mn | 3.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.50% |
| Mar 31, 2026 | -0.26% |
| Dec 31, 2025 | 3.28% |
| Sep 30, 2025 | 3.08% |
| Jun 30, 2025 | 5.43% |
| Mar 31, 2025 | -0.04% |
| Dec 31, 2024 | -5.39% |
| Sep 30, 2024 | 0.83% |
| Jun 30, 2024 | 3.73% |
| Mar 31, 2024 | 3.39% |
| Dec 31, 2023 | 6.35% |
| Sep 30, 2023 | 4.41% |
| Jun 30, 2023 | 8.64% |
| Mar 31, 2023 | 0.18% |
| Dec 31, 2022 | -3.31% |
| Sep 30, 2022 | -4.03% |
| Jun 30, 2022 | -2.99% |
| Mar 31, 2022 | 2.05% |
| Dec 31, 2021 | -0.02% |
| Sep 30, 2021 | -4.10% |