SGRY
$15.49+5.30%
Surgery Partners Inc.Stock · HealthcareRussell 2000 · 0.04% of IWMNasdaq Composite · 0.006% of ONEQUS Stock Market · 0.002% of VTIRussell 3000 · 0.002% of IWV
SGRY financial statements
The full income statement, balance sheet, and cash-flow statement for Surgery Partners Inc. (SGRY), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 127.1M2024-09 127.1M2024-12 127.6M2025-03 128.2M2025-06 128.2M2025-09 129.3M2025-12 129.4M2026-03 130.8M2026-06 130.9M+3.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 3.31B+6.2% | 3.11B+13.5% | 2.74B+8.0% | 2.54B+14.1% | 2.23B+19.6% | |
| 2.92B+5.6% | 2.77B+14.5% | 2.42B+10.1% | 2.19B+14.1% | 1.92B+14.7% | ||
| Selling, general & administrative | 118M-14.8% | 139M+14.7% | 121M+18.3% | 102M-1.7% | 104M+7.1% | |
| General & administrative | 118M-14.8% | 139M+14.7% | 121M+18.3% | 102M-1.7% | 104M+7.1% | |
| Amortization of intangibles | 6.10M-29.9% | 8.70M+14.5% | 7.60M+18.8% | 6.40M-7.2% | 6.90M+43.8% | |
| Operating income | 390M+11.7% | 349M+6.3% | 328M-5.0% | 345M+14.2% | 302M+65.1% | |
| Other non-operating income | — | — | 8.60M+473.3% | 1.50M+850.0% | -200K | |
| Equity-method income | 22.9M+17.4% | 19.5M+37.3% | 14.2M+13.6% | 12.5M+10.6% | 11.3M+4.6% | |
| Income tax | 18.0M-86.6% | 135M+44966.7% | -300K-101.3% | 23.3M+121.9% | 10.5M+152.2% | |
| -77.9M+53.7% | -168M-1312.6% | -11.9M+78.2% | -54.6M+23.0% | -70.9M+38.9% | ||
| Net income to non-controlling interest | 177M-2.1% | 181M+22.7% | 147M+4.0% | 142M+0.0% | 142M+20.6% | |
| Net income to common | — | — | -11.9M+78.2% | -54.6M+32.8% | -81.2M+47.8% | |
| -$0.61+54.1% | -$1.33-1377.8% | -$0.09+84.7% | -$0.59+47.3% | -$1.12+64.9% | ||
| EPS (basic) | -$0.61+54.1% | -$1.33-1377.8% | -$0.09+84.7% | -$0.59+47.3% | -$1.12+64.9% | |
| Weighted-avg shares (basic) | 127M+0.9% | 126M+0.4% | 126M+36.6% | 92.0M+27.0% | 72.4M+48.5% | |
| Weighted-avg shares (diluted) | 127M+0.9% | 126M+0.4% | 126M+36.6% | 92.0M+27.0% | 72.4M+48.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.15B+2.8% | 1.12B+25.1% | 895M-2.8% | 921M-2.7% | 946M+18.0% | ||
| Cash & equivalents | 240M-11.0% | 270M+37.6% | 196M-30.8% | 283M-27.4% | 390M+22.6% | |
| Accounts receivable | 602M+4.0% | 579M+16.7% | 496M+8.8% | 456M+6.1% | 430M+12.6% | |
| Inventory | 96.6M+9.3% | 88.4M+17.6% | 75.2M+5.3% | 71.4M+16.9% | 61.1M+8.3% | |
| Prepaid expenses | 41.1M+12.9% | 36.4M+17.4% | 31.0M-1.3% | 31.4M+22.7% | 25.6M+45.5% | |
| Other current assets | 171M+17.1% | 146M+51.3% | 96.5M+22.2% | 79.0M+101.0% | 39.3M+43.4% | |
| 8.12B+2.9% | 7.89B+14.7% | 6.88B+2.9% | 6.68B+9.2% | 6.12B+13.0% | ||
| Operating lease right-of-use | 289M-2.2% | 296M+15.8% | 255M-8.5% | 279M-13.9% | 324M+4.5% | |
| Goodwill | 5.19B+2.5% | 5.07B+17.2% | 4.33B+4.6% | 4.14B+5.8% | 3.91B+12.8% | |
| Intangible assets | 41.0M-10.3% | 45.7M-16.6% | 54.8M+29.6% | 42.3M-3.2% | 43.7M-6.8% | |
| Deferred tax assets | — | 0.00-100.0% | 89.5M-2.2% | 91.5M-20.0% | 114M-8.3% | |
| Other non-current assets | 56.8M-1.2% | 57.5M-44.3% | 103M-28.4% | 144M+144.0% | 59.1M+118.9% | |
| 616M-1.4% | 624M+19.4% | 523M+6.0% | 493M-8.1% | 537M-3.6% | ||
| Accounts payable | 209M+0.0% | 209M+21.5% | 172M+13.3% | 152M+21.4% | 125M+24.7% | |
| Short-term & current debt | 99.3M-2.1% | 101M+38.3% | 73.3M+16.7% | 62.8M+4.0% | 60.4M-6.2% | |
| Current lease liability | 42.7M+4.1% | 41.0M+9.0% | 37.6M+3.0% | 36.5M-9.0% | 40.1M+2.3% | |
| Other current liabilities | 243M-4.5% | 254M+24.4% | 204M-2.9% | 210M+0.0% | 210M-3.2% | |
| Finance lease liability (current) | 39.0M+17.8% | 33.1M+30.3% | 25.4M+21.5% | 20.9M+10.0% | 19.0M+0.5% | |
| Long-term debt | 3.74B+9.7% | 3.40B+21.4% | 2.80B+6.4% | 2.63B-11.0% | 2.96B+2.8% | |
| Non-current lease liability | 280M-4.2% | 292M+17.4% | 249M-8.3% | 271M-14.0% | 316M+4.9% | |
| Operating lease liability (total) | 323M-3.2% | 333M+16.3% | 287M-7.0% | 308M-13.4% | 356M+4.6% | |
| Finance lease liability (total) | 936M+17.1% | 799M+15.2% | 694M+18.4% | 586M+60.6% | 365M+29.7% | |
| Finance lease liability | 897M+17.1% | 766M+14.6% | 668M+18.3% | 565M+63.4% | 346M+31.8% | |
| Deferred tax liabilities | 53.4M+36.2% | 39.2M | 0.00 | — | — | |
| Other non-current liabilities | 41.2M+36.4% | 30.2M-26.5% | 41.1M-45.5% | 75.4M-13.3% | 87.0M-37.7% | |
| 1.71B-4.3% | 1.79B-9.9% | 1.99B-0.6% | 2.00B+83.5% | 1.09B+842.0% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 2.54B+0.8% | 2.52B+0.9% | 2.50B+0.8% | 2.48B+52.7% | 1.62B+166.9% | |
| Retained earnings | -815M-10.6% | -737M-29.5% | -569M-2.1% | -557M-10.9% | -503M-16.4% | |
| Accumulated other comprehensive income | -13.8M-387.5% | 4.80M-91.7% | 57.5M-24.5% | 76.2M+341.9% | -31.5M+48.4% | |
| Non-controlling interest | 1.42B+0.8% | 1.41B+34.3% | 1.05B+11.1% | 943M+7.1% | 881M+14.9% | |
| Total equity incl. non-controlling | 3.13B-2.0% | 3.20B+5.3% | 3.03B+3.2% | 2.94B+49.3% | 1.97B+123.3% | |
| Total liabilities & equity | 8.12B+2.9% | 7.89B+14.7% | 6.88B+2.9% | 6.68B+9.2% | 6.12B+13.0% | |
| Common shares issued | 129M+1.7% | 127M+0.4% | 127M+0.5% | 126M+41.0% | 89.3M+77.0% | |
| Common shares outstanding | 129M+1.7% | 127M+0.4% | 127M+0.5% | 126M+41.0% | 89.3M+77.0% | |
| Shares outstanding (cover) | 129M+1.4% | 128M+0.8% | 127M+0.5% | 126M+41.0% | 89.4M+49.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 274M-8.6% | 300M+2.1% | 294M+85.0% | 159M+82.3% | 87.1M-64.7% | ||
| Depreciation & amortization | 176M+15.3% | 153M+29.2% | 118M+2.9% | 115M+16.2% | 98.8M+4.2% | |
| Intangible amortization | 6.10M-29.9% | 8.70M+14.5% | 7.60M+18.8% | 6.40M-7.2% | 6.90M+43.8% | |
| Share-based compensation | 14.8M-55.6% | 33.3M+88.1% | 17.7M-3.8% | 18.4M+5.7% | 17.4M+31.8% | |
| Deferred income taxes | 16.7M-87.3% | 132M+7835.3% | -1.70M-107.8% | 21.9M+146.1% | 8.90M+140.6% | |
| Change in receivables | 53.8M-25.4% | 72.1M+52.8% | 47.2M+33.7% | 35.3M+10.0% | 32.1M-31.1% | |
| -247M+49.5% | -489M-116.5% | -226M+26.7% | -308M+7.2% | -332M-275.2% | ||
| Capital expenditure | 78.7M-12.9% | 90.4M+1.8% | 88.8M+10.2% | 80.6M+39.9% | 57.6M+34.3% | |
| Free cash flow | 196M-6.7% | 210M+2.3% | 205M+162.1% | 78.2M+165.1% | 29.5M-85.5% | |
| Acquisitions | 162M-57.2% | 379M+373.5% | 80.0M-45.4% | 146M-48.8% | 286M+173.2% | |
| Other investing activities | 40.5M+63.3% | 24.8M-26.4% | 33.7M+193.0% | 11.5M+3933.3% | -300K+50.0% | |
| -57.3M-121.9% | 262M+268.8% | -155M-468.6% | 42.1M-86.7% | 316M+374.2% | ||
| Long-term debt issued | 1.20B-30.5% | 1.73B+109.3% | 827M+279.5% | 218M-27.3% | 299M-30.3% | |
| Long-term debt repaid | 1.04B-18.7% | 1.28B+58.5% | 807M-6.4% | 862M+151.2% | 343M+58.7% | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 883M+51.8% | 582M | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 9.40M+174.6% | -12.6M-0.8% | -12.5M-26.3% | -9.90M+44.7% | -17.9M-1888.9% | |
| Net change in cash | -29.6M-140.2% | 73.6M+184.6% | -87.0M+18.7% | -107M-249.2% | 71.7M-68.2% | |
| Interest paid | 257M+28.6% | 200M+17.7% | 170M-22.5% | 219M+12.6% | 194M-4.6% | |
| Income taxes paid | 1.20M-25.0% | 1.60M+14.3% | 1.40M-22.2% | 1.80M+20.0% | 1.50M-11.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.00B-26.0% | 2.70B-33.2% | 4.05B+61.5% | 2.51B-47.5% | 4.77B+174.8% | |
| P/S | 0.6×-30.3% | 0.9×-41.8% | 1.5×+45.3% | 1.0×-52.2% | 2.1×+129.7% | |
| P/B | 1.2×-22.7% | 1.5×-25.2% | 2.0×-5.5% | 2.1×-51.2% | 4.4×-70.8% | |
| P/FCF | 10.2×-20.7% | 12.9×-53.3% | 27.6×+9.3% | 25.2×-84.4% | 161.8×+1800.5% | |
| FCF yield | 9.8%+26.0% | 7.8%+114.1% | 3.6%-8.5% | 4.0%+541.0% | 0.62%-94.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SGRY’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SGRY filings on SEC EDGAR → Not investment advice.