Surgery Partners (SGRY) Net Margin (2014 - 2026)
Surgery Partners recorded quarterly Net Margin of 0.26% in Q1 2026, down 107.9% quarter-over-quarter from 3.28% in Q4 2025, and down 22.0% year-over-year from 0.33% in Q1 2025.
Surgery Partners' Net Margin history runs 13 years deep, the most recent figure standing at 0.26% for Q1 2026.
- In Q1 2026, Net Margin fell 22.0% year-over-year to 0.26%; the TTM figure through Mar 2026 stood at 2.9% (up 329.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 1.49% and a median of 2.05% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 1163 bps in 2023 and sank 1174 bps in 2024, its largest moves.
- Surgery Partners' Net Margin stood at 3.31% in 2022, then soared by 292 bps to 6.35% in 2023, then tumbled by 185 bps to 5.39% in 2024, then jumped by 161 bps to 3.28% in 2025, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.00% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 5.68% |
| 10 | Surgery Partners | 1.71 Bn | 1.92 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% |
| Mar 31, 2021 | -6.11% |
| Dec 31, 2020 | -0.88% |
| Sep 30, 2020 | -14.43% |
| Jun 30, 2020 | -11.26% |
| Mar 31, 2020 | -8.39% |
| Dec 31, 2019 | -5.51% |
| Sep 30, 2019 | -5.49% |
| Jun 30, 2019 | -6.42% |
| Mar 31, 2019 | -6.86% |
| Dec 31, 2018 | -46.09% |
| Sep 30, 2018 | -6.75% |
| Jun 30, 2018 | -6.28% |
| Mar 31, 2018 | -6.15% |
| Aug 31, 2017 | -2.55% |
| Jun 30, 2017 | -1.55% |
| Mar 31, 2017 | -0.96% |
| Dec 31, 2016 | 12.45% |
| Sep 30, 2016 | 5.07% |
| Jun 30, 2016 | 7.70% |
| Mar 31, 2016 | 3.88% |
| Dec 31, 2015 | 13.71% |
| Sep 30, 2015 | 5.75% |
| Jun 30, 2015 | 5.36% |
| Mar 31, 2015 | 4.68% |
| Dec 31, 2014 | -20.46% |
| Sep 30, 2014 | 0.56% |