SGRY

Surgery Partners, Inc. Health Care Services-General Medical & Surgical Hospitals, NEC Russell 3000
$23.21Close $3.0BMarket cap $11.49 – $23.3652-week range Nov 9, 2026Next report

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 91 · stronger than 91% of stocks over 12 months
  • Near its high 1% below its 52-week high
  • Accumulation up-day volume 2.4× down-day volume over 50 sessions

Cautions

  • Extended 14.3 ATR above its 50-day average
  • Results soon Nov 9, 2026, in 8 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 1%
1wk up 47.4% price change
1mo up 67.3% price change
12-month return up 5% market up 11% · its own down 9%
F-score — — Not assessed
Altman Z″ 0.71 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 1.8× price / book
Earnings yield up 6.0% EBIT / enterprise value
Cheaper than 76% of the market · cheap
Revenue growth up 6% year on year
EPS growth — latest quarter
Sales growth up 3% latest quarter · -2 pts
ROE down 4% return on equity
Free cash margin up 6% $195.6M FCF
D/E 2.16 long-term debt / equity
Net debt / EBITDA 6.1×
Interest cover —EBIT / interest

Trade setup

ATR% 3.7% $0.86 a day · 2×ATR $21.48
RS 91 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 2.38 50 sessions
Implied move — no option chain · report Nov 9, 2026
Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 6.1 times EBITDA — roughly 6 years of earnings before interest, tax and depreciation to repay borrowings in full.
Last reported Aug 10, 2026
Results reaction Aug 10, 2026-3% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.3B +6% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.9B FY2021 · $2.2B FY2022 · $2.5B FY2023 · $2.7B FY2024 · $3.1B FY2025 · $3.3B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$77.9M
-$200M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$116.1M FY2021 · -$70.9M FY2022 · -$54.6M FY2023 · -$11.9M FY2024 · -$168.1M FY2025 · -$77.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $195.6M -7% on FY2024
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $204.0M FY2021 · $29.5M FY2022 · $78.2M FY2023 · $205.0M FY2024 · $209.7M FY2025 · $195.6M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -2%
  • Free cash 6%
-10% 0% 20% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -6% · Free cash 11% FY2021 · Net -3% · Free cash 1% FY2022 · Net -2% · Free cash 3% FY2023 · Net -0% · Free cash 7% FY2024 · Net -5% · Free cash 7% FY2025 · Net -2% · Free cash 6%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $3.5B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $317.9M · Long-term debt $2.9B FY2021 · Cash $389.9M · Long-term debt $2.9B FY2022 · Cash $282.9M · Long-term debt $2.6B FY2023 · Cash $195.9M · Long-term debt $2.8B FY2024 · Cash $269.5M · Long-term debt $3.4B FY2025 · Cash $239.9M · Long-term debt $3.7B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 129.32m +156.3% since FY2020
129.32m 50.46m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 50.46m FY2021 · 89.33m FY2022 · 125.96m FY2023 · 126.59m FY2024 · 127.11m FY2025 · 129.32m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $1.9B $2.2B $2.5B $2.7B $3.1B $3.3B
Operating income $183.0M $302.2M $345.2M $328.0M $348.8M $389.5M
Net income -$116.1M -$70.9M -$54.6M -$11.9M -$168.1M -$77.9M
Net margin -6% -3% -2% -0% -5% -2%
Earnings per share -$2.38 -$0.98 -$0.59 -$0.09 -$1.33 -$0.61
Free cash flow $204.0M $29.5M $78.2M $205.0M $209.7M $195.6M
Free cash margin 11% 1% 3% 7% 7% 6%
Cash $317.9M $389.9M $282.9M $195.9M $269.5M $239.9M
Long-term debt $2.9B $2.9B $2.6B $2.8B $3.4B $3.7B
Shareholders' equity $115.6M $1.1B $2.0B $2.0B $1.8B $1.7B
Shares outstanding 50.46m 89.33m 125.96m 126.59m 127.11m 129.32m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Nov 10, 2025 Quarterly ↗ Sep 30, 2025 41d
Aug 5, 2025 Quarterly ↗ Jun 30, 2025 36d
May 12, 2025 Quarterly ↗ Mar 31, 2025 42d
Mar 7, 2025 Annual ↗ Dec 31, 2024 66d
Nov 12, 2024 Quarterly ↗ Sep 30, 2024 43d
Aug 6, 2024 Quarterly ↗ Jun 30, 2024 37d
May 7, 2024 Quarterly ↗ Mar 31, 2024 37d
Feb 26, 2024 Annual ↗ Dec 31, 2023 57d
Nov 7, 2023 Quarterly ↗ Sep 30, 2023 38d

Current reports