Growth Metrics

Surgery Partners (SGRY) Rent Expense (2014 - 2019)

Surgery Partners recorded quarterly Rent Expense of $22.6 million in Q4 2019, up 5.61% quarter-over-quarter from $21.4 million in Q3 2019, and down 54.98% year-over-year from $50.2 million in Q4 2018.

Surgery Partners' Rent Expense history runs 6 years deep, the most recent figure standing at $22.6 million for Q4 2019.

  • In Q4 2019, Rent Expense fell 54.98% year-over-year to $22.6 million; the TTM figure through Dec 2019 stood at $85.6 million (down 25.63% YoY), while the FY2019 annual figure was $85.6 million, down 1.27% from the prior year.
  • Rent Expense came in at $22.6 million for Q4 2019 at Surgery Partners, up from $21.4 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $50.2 million in Q4 2018 to a low of $9.2 million in Q3 2017.
  • A 5-year average of $17.6 million and a median of $13.6 million in 2017 frame the typical range for Rent Expense.
  • Across the five-year window, Rent Expense surged 207.07% in 2015 and sank 54.98% in 2019, its largest moves.
  • Surgery Partners' Rent Expense stood at $11.6 million in 2015, then advanced by 16.01% to $13.4 million in 2016, then plunged by 31.5% to $9.2 million in 2017, then jumped by 445.47% to $50.2 million in 2018, then tumbled by 54.98% to $22.6 million in 2019.
  • According to Business Quant data, Rent Expense over the past three periods registered $22.6 million, $21.4 million, and $21.0 million for Q4 2019, Q3 2019, and Q2 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn -
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn -
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn -
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn -
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 38.20 Mn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn -
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn -
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 95.53 Mn
10 Surgery Partners 1.71 Bn 1.92 Bn 590.70 Mn -

Historic Data

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DateValue
Dec 31, 2019 22.60 Mn
Dec 31, 2019 22.60 Mn
Sep 30, 2019 21.40 Mn
Sep 30, 2019 21.40 Mn
Jun 30, 2019 21.00 Mn
Jun 30, 2019 21.00 Mn
Mar 31, 2019 20.60 Mn
Mar 31, 2019 20.60 Mn
Dec 31, 2018 50.20 Mn
Dec 31, 2018 50.20 Mn
Sep 30, 2018 21.70 Mn
Sep 30, 2018 21.70 Mn
Jun 30, 2018 21.80 Mn
Jun 30, 2018 21.80 Mn
Mar 31, 2018 21.40 Mn
Mar 31, 2018 21.40 Mn
Aug 31, 2017 9.20 Mn
Aug 31, 2017 9.20 Mn
Jun 30, 2017 13.67 Mn
Jun 30, 2017 13.67 Mn
Mar 31, 2017 13.63 Mn
Mar 31, 2017 13.63 Mn
Dec 31, 2016 13.44 Mn
Dec 31, 2016 13.44 Mn
Sep 30, 2016 13.20 Mn
Sep 30, 2016 13.20 Mn
Jun 30, 2016 13.07 Mn
Jun 30, 2016 13.07 Mn
Mar 31, 2016 12.43 Mn
Mar 31, 2016 12.43 Mn
Dec 31, 2015 11.58 Mn
Dec 31, 2015 11.58 Mn
Sep 30, 2015 11.21 Mn
Sep 30, 2015 11.21 Mn
Jun 30, 2015 11.10 Mn
Jun 30, 2015 11.10 Mn
Mar 31, 2015 10.96 Mn
Mar 31, 2015 10.96 Mn
Dec 31, 2014 8.55 Mn
Dec 31, 2014 8.55 Mn
Sep 30, 2014 3.65 Mn
Sep 30, 2014 3.65 Mn