Surgery Partners (SGRY) Net Margin (2014 - 2026)
Surgery Partners' (SGRY) quarterly Net Margin came in at 3.5% in Q2 2026, down 194.0% year-over-year from 3.72% in Q2 2025, and up 1450.98% quarter-over-quarter from 0.26% in Q1 2026.
Analysis
Surgery Partners (SGRY) Net Margin (2014 - 2026) Analysis & Trends
Surgery Partners has disclosed Net Margin across 13 years of filings, most recently posting 3.5% for Q2 2026.
- In Q2 2026, Net Margin fell 194.0% year-over-year to 3.5%; the TTM figure through Jun 2026 stood at 2.43% (up 230.0% YoY), while the FY2025 annual figure was 2.99%, up 259.0% from the prior year.
- Net Margin came in at 3.5% for Q2 2026 at Surgery Partners, up from 0.26% 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.
- Average Net Margin over 5 years is 1.6%, with a median of 2.56% recorded in 2022.
- Year-over-year, Net Margin soared 1163 bps in 2023 and sank 1174 bps in 2024.
- Over 5 years, Net Margin stood at 3.31% in 2022, then surged by 292 bps to 6.35% in 2023, then slumped by 185 bps to 5.39% in 2024, then soared by 161 bps to 3.28% in 2025, then grew by 7 bps to 3.5% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.5% in Q2 2026, 0.26% in Q1 2026, and 3.28% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.76 Bn | 12.64 Bn | 1.16 Bn | 9.66% |
| 2 | RadNet | 5.80 Bn | 5.37 Bn | 88.08 Mn | 3.25% |
| 3 | Concentra Group Holdings Parent | 4.40 Bn | 4.26 Bn | 192.10 Mn | 11.10% |
| 4 | Privia Health | 2.61 Bn | 2.25 Bn | - | 1.54% |
| 5 | Pediatrix Medical | 2.20 Bn | 1.79 Bn | - | 8.17% |
| 6 | Fresenius Medical Care AG | 2.11 Bn | 1.41 Bn | 1.52 Bn | 4.49% |
| 7 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 8.00% |
| 8 | Surgery Partners | 1.87 Bn | 3.08 Bn | 622.10 Mn | 3.50% |
| 9 | U S Physical Therapy | 1.18 Bn | 1.47 Bn | 41.94 Mn | 6.96% |
| 10 | Starling Oncology | 595.78 Mn | 554.69 Mn | 27.17 Mn | -5.11% |
Historic Data
Download Data
Historic 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% |