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 (SGRY) has 13 years of Net Margin data on file, last reported 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.
- The five-year high for Net Margin was 8.64% in Q2 2023, with the low at 5.39% in Q4 2024.
- Average Net Margin over 5 years is 1.49%, with a median of 2.05% recorded in 2022.
- Year-over-year, Net Margin soared 1163 bps in 2023 and plunged 1174 bps in 2024.
- Surgery Partners' Net Margin stood at 3.31% in 2022, then surged by 292 bps to 6.35% in 2023, then sank by 185 bps to 5.39% in 2024, then soared by 161 bps to 3.28% in 2025, then sank by 108 bps to 0.26% in 2026.
- Business Quant data shows SGRY's Net Margin at 0.26% in Q1 2026, 3.28% in Q4 2025, and 3.08% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 9.72% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 10.08% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 13.08% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 8.05% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 1.00% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 6.93% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 7.76% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 5.68% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 552.25% |
| 10 | Surgery Partners | 2.13 Bn | 2.33 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% |