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
DateValue
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%