# Surgery Partners Inc. (SGRY)

**Exchange:** NASDAQ  
**Sector:** Healthcare  
**Market cap:** $1.81B  
**Price:** $14.20 (+1.72%)

> Surgery Partners Inc. is a healthcare services holding company that owns and operates a national network of surgical facilities and ancillary services across more than 200 locations in 33 states. It specializes in short-stay surgical care, managing ambulatory surgery centers and surgical hospitals that provide non-emergency procedures in specialties such as orthopedics, pain management, ophthalmology, gastroenterology, and general surgery. The company supports these operations through integrated ancillary services, including multi-specialty physician practices, anesthesia services, diagnostic laboratories, urgent care facilities, and optical services like laboratories and group purchasing organizations. Surgery Partners Inc. focuses on delivering high-quality, cost-effective outpatient care, differentiating itself with a comprehensive model that enhances patient and physician support in the ambulatory healthcare sector. Founded in 2004 and headquartered in Brentwood, Tennessee, it plays a key role in the U.S. healthcare delivery system by emphasizing efficient surgical solutions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.31B | — | $390M | -$78M | — |
| 2024 | $3.11B | — | $349M | -$168M | — |
| 2023 | $2.74B | — | $328M | -$12M | — |
| 2022 | $2.54B | — | $345M | -$55M | — |
| 2021 | $2.23B | — | $302M | -$71M | — |
| 2020 | $1.86B | — | $183M | -$116M | — |
| 2019 | $1.83B | $424M | $236M | -$75M | — |
| 2018 | $1.77B | $410M | $78M | -$206M | — |
| 2016 | $1.15B | $324M | $196M | $9M | — |
| 2015 | $960M | $291M | $145M | $1M | — |
| 2014 | $403M | $149M | $51M | -$66M | — |
| 2013 | $285M | $115M | $58M | -$9M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.12B | $6.41B | $1.71B | $240M | $3.74B |
| 2024 | $7.89B | $6.10B | $1.79B | $270M | $3.40B |
| 2023 | $6.88B | $4.89B | $1.99B | $196M | $2.80B |
| 2022 | $6.68B | $4.68B | $2.00B | $283M | $2.63B |
| 2021 | $6.12B | $5.03B | $1.09B | $390M | $2.96B |
| 2020 | $5.41B | $5.30B | $116M | $318M | $2.88B |
| 2019 | $5.02B | $4.72B | $297M | $93M | $2.60B |
| 2018 | $4.68B | $4.27B | $405M | $184M | $2.33B |
| 2016 | $2.30B | $2.30B | $10M | $70M | $1.47B |
| 2015 | $2.10B | $2.11B | -$4M | $58M | $1.29B |
| 2014 | $1.86B | $2.12B | -$264M | $75M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $274M | $79M | $196M |
| 2024 | $300M | $90M | $210M |
| 2023 | $294M | $89M | $205M |
| 2022 | $159M | $81M | $78M |
| 2021 | $87M | $58M | $30M |
| 2020 | $247M | $43M | $204M |
| 2019 | $130M | $74M | $56M |
| 2018 | $145M | $40M | $105M |
| 2016 | $125M | $39M | $86M |
| 2015 | $84M | $33M | $51M |
| 2014 | $22M | $8M | $14M |
| 2013 | $49M | $4M | $45M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SGRY)