Surgery Partners (SGRY) Net Margin (2014 - 2026)
Surgery Partners' (SGRY) quarterly Net Margin came in at 0.26% in Q1 2026, down 22.0% year-on-year from 0.33% in Q1 2025, and down 107.9% quarter-over-quarter from 3.28% in Q4 2025.
Surgery Partners (SGRY) Net Margin (2014 - 2026) Analysis & Trends
Surgery Partners has disclosed Net Margin across 13 years of filings, most recently posting 0.26% for Q1 2026.
- Net Margin for Q1 2026 came in at 0.26%, down 22.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.9% (up 329.0% YoY), and the FY2025 annual result was 2.99%, up 259.0% from the prior year.
- Net Margin came in at 0.26% for Q1 2026 at Surgery Partners, down from 3.28% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 8.64% in Q2 2023 to a low of 5.39% in Q4 2024.
- The 5-year median for Net Margin is 2.05% (2022), against an average of 1.49%.
- Across the five-year window, Net Margin surged 1163 bps in 2023 and slumped 1174 bps in 2024, its largest moves.
- Surgery Partners' Net Margin stood at 3.31% in 2022, then surged by 292 bps to 6.35% in 2023, then plunged by 185 bps to 5.39% in 2024, then soared by 161 bps to 3.28% in 2025, then plunged by 108 bps to 0.26% in 2026.
- The last three Net Margin figures came in at 0.26% (Q1 2026), 3.28% (Q4 2025), and 3.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 300.60% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 5.68% |
| 10 | Surgery Partners | 1.87 Bn | 2.07 Bn | 590.70 Mn | -0.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -4.95% |