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Surgery Partners Inc (SGRY) Q1 2025 Earnings Call Highlights: Strong Revenue Growth and ...
Tue 13 May 25, 07:04 AMQ1 2025 Surgery Partners Inc Earnings Call
Tue 13 May 25, 05:51 AMSurgery Partners (SGRY) Q1 Earnings and Revenues Miss Estimates
Mon 12 May 25, 12:45 PMSurgery Partners (NASDAQ:SGRY) Posts Q1 Sales In Line With Estimates But Stock Drops
Mon 12 May 25, 11:38 AMSurgery Partners, Inc. Announces First Quarter 2025 Results; Reaffirms Full Year 2025 Guidance
Mon 12 May 25, 11:30 AMSurgery Partners (SGRY) Q1 Earnings: What To Expect
Sun 11 May 25, 07:00 AMCo-Diagnostics, Inc. (CODX) Reports Q1 Loss, Misses Revenue Estimates
Thu 08 May 25, 11:10 PM3 Profitable Stocks with Questionable Fundamentals
Fri 25 Apr 25, 01:13 PM| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | 147.10M | 135.00M | 110.30M | 81.20M | -18.80000M |
| Minority interest | -180.60000M | -146.20000M | 141.60M | -141.60000M | 117.40M |
| Net income | -168.10000M | -11.90000M | 87.00M | 70.70M | 1.30M |
| Selling general administrative | 138.70M | 120.90M | 102.20M | 104.00M | 97.10M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 745.60M | 647.50M | 574.90M | 491.40M | 379.80M |
| Reconciled depreciation | 152.60M | 116.60M | 114.80M | 98.80M | 94.80M |
| Ebit | 348.80M | 328.00M | 310.40M | 263.10M | 143.60M |
| Ebitda | 501.40M | 446.10M | 460.00M | 401.00M | 277.80M |
| Depreciation and amortization | 152.60M | 118.10M | 149.60M | 137.90M | 134.20M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 348.80M | 328.00M | 345.20M | 302.20M | 246.60M |
| Other operating expenses | 2864.50M | 2415.30M | 2179.00M | 1898.60M | 1626.00M |
| Interest expense | 201.70M | 193.00M | 234.90M | 221.00M | 201.80M |
| Tax provision | 134.60M | 3.60M | 23.30M | 10.50M | -20.10000M |
| Interest income | - | - | - | - | - |
| Net interest income | -201.70000M | -205.30000M | -234.90000M | -221.00000M | -201.80000M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | 1.60M | 24.30M | 56.20M |
| Other items | - | - | - | - | - |
| Income tax expense | 134.60M | 0.30M | 23.30M | 10.50M | -20.10000M |
| Total revenue | 3114.30M | 2743.30M | 2539.30M | 2225.10M | 1860.10M |
| Total operating expenses | 495.80M | 319.50M | 214.60M | 164.90M | 145.70M |
| Cost of revenue | 2368.70M | 2095.80M | 1964.40M | 1733.70M | 1480.30M |
| Total other income expense net | -201.70000M | -193.00000M | -234.90000M | -221.00000M | -201.80000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 12.50M | 111.90M | 87.00M | 70.70M | 1.30M |
| Net income applicable to common shares | - | - | -54.60000M | -81.20000M | -155.60000M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 7890.00M | 7019.10M | 6682.10M | 6117.60M | 5413.20M |
| Intangible assets | 45.70M | 54.80M | 42.30M | 43.70M | 46.90M |
| Earning assets | - | - | - | - | - |
| Other current assets | 182.40M | 110.30M | 79.00M | 39.30M | 27.40M |
| Total liab | 4254.80M | 3657.20M | 6682.10M | 6117.60M | 5413.20M |
| Total stockholder equity | 1789.70M | 1987.20M | 1998.20M | 1089.00M | 115.60M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 314.30M | 235.10M | 239.30M | 247.00M | 243.20M |
| Common stock | 1.30M | 1.30M | 1.30M | 0.90M | 0.50M |
| Capital stock | 1.30M | 1.30M | 1.30M | 0.90M | 435.00M |
| Retained earnings | -737.30000M | -569.20000M | -557.30000M | -502.70000M | -431.80000M |
| Other liab | - | - | 35.00M | 402.60M | 440.60M |
| Good will | 5068.00M | 4326.00M | 4137.10M | 3911.80M | 3468.00M |
| Other assets | - | - | 122.30M | 5171.50M | 554.00M |
| Cash | 269.50M | 195.90M | 282.90M | 389.90M | 317.90M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 624.40M | 523.00M | 493.40M | 536.80M | 556.80M |
| Current deferred revenue | - | - | 3.20M | 64.40M | 109.80M |
| Net debt | 3433.90M | 2865.70M | 2646.80M | 2904.60M | 2879.00M |
| Short term debt | 142.40M | 110.90M | 99.30M | 100.50M | 103.60M |
| Short long term debt | 101.40M | 73.30M | 62.80M | 60.40M | 64.40M |
| Short long term debt total | 3703.40M | 3061.60M | 2929.70M | 3294.50M | 3196.90M |
| Other stockholder equity | 2520.90M | 2497.60M | 2478.00M | 1622.30M | 173.40M |
| Property plant equipment | - | - | 1155.70M | 953.80M | 854.70M |
| Total current assets | 1119.40M | 895.00M | 921.00M | 946.10M | 801.50M |
| Long term investments | 215.40M | 184.10M | 190.30M | 88.70M | 90.30M |
| Net tangible assets | - | - | -1567.80000M | 1089.00M | -2357.10000M |
| Short term investments | - | - | - | - | 90.00M |
| Net receivables | 579.10M | 513.60M | 456.30M | 430.20M | 382.20M |
| Long term debt | 3268.90M | 2701.80M | 2559.00M | 2878.40M | 2792.40M |
| Inventory | 88.40M | 75.20M | 71.40M | 61.10M | 56.40M |
| Accounts payable | 208.70M | 177.00M | 151.60M | 124.90M | 100.20M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | 942.70M | 880.60M | 766.50M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 4.80M | 57.50M | 76.20M | -31.50000M | -61.00000M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | 1.30M | 0.90M | 435.00M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | -557.30000M | -502.70000M | -431.80000M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 57.50M | 28.70M | 144.20M | 59.10M | 27.00M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 6770.60M | 6124.10M | 5761.10M | 5171.50M | 4611.70M |
| Capital lease obligations | 333.10M | 286.50M | 307.90M | 355.70M | 340.10M |
| Long term debt total | - | - | 2559.00M | 2878.40M | 2792.40M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -488.50000M | -239.70000M | -82.30000M | -331.70000M | -88.40000M |
| Change to liabilities | - | - | 0.00000M | 0.00000M | 0.00000M |
| Total cashflows from investing activities | - | - | -307.90000M | -331.70000M | -88.40000M |
| Net borrowings | - | - | -644.20000M | -55.50000M | 204.60M |
| Total cash from financing activities | 262.00M | -155.20000M | 42.10M | 316.30M | 66.70M |
| Change to operating activities | - | - | -125.40000M | -149.20000M | 122.50M |
| Net income | 12.50M | -11.90000M | 87.00M | 70.70M | 1.30M |
| Change in cash | 73.60M | -87.00000M | -107.00000M | 71.70M | 225.20M |
| Begin period cash flow | 195.90M | 282.90M | 389.90M | 318.20M | 93.00M |
| End period cash flow | 269.50M | 195.90M | 282.90M | 389.90M | 318.20M |
| Total cash from operating activities | 300.10M | 293.80M | 158.80M | 87.10M | 246.90M |
| Issuance of capital stock | 0.00000M | 0.00000M | 882.90M | 581.80M | 0.00000M |
| Depreciation | 152.60M | 118.10M | 114.80M | 98.80M | 94.80M |
| Other cashflows from investing activities | -22.20000M | -6.50000M | 83.70M | -274.10000M | 59.10M |
| Dividends paid | - | 0.00000M | 146.80M | 5.10M | 109.60M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | -72.10000M | -47.20000M | -35.30000M | -32.10000M | -46.60000M |
| Sale purchase of stock | - | - | 854.30M | -233.50000M | -27.40000M |
| Other cashflows from financing activities | -173.50000M | -174.70000M | -196.60000M | 316.30M | -146.40000M |
| Change to netincome | - | - | 45.90M | 35.60M | 25.30M |
| Capital expenditures | 90.40M | 88.80M | 80.60M | 57.60M | 42.90M |
| Change receivables | - | - | -35.30000M | -32.10000M | -46.60000M |
| Cash flows other operating | - | - | -53.60000M | -85.90000M | 172.10M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | -107.00000M | 71.70M | 225.20M |
| Change in working capital | -118.90000M | -63.50000M | -160.70000M | -149.10000M | 75.90M |
| Stock based compensation | 33.30M | 17.70M | 18.40M | 17.40M | 13.20M |
| Other non cash items | 89.10M | 235.10M | 77.40M | 40.40M | 83.60M |
| Free cash flow | 209.70M | 205.00M | 78.20M | 29.50M | 204.00M |
Sector: Healthcare Industry: Medical Care Facilities
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SGRY Surgery Partners Inc |
-0.35 2.63% | 12.95 | - | 31.15 | 0.97 | 1.76 | 2.11 | 13.68 |
| HCA HCA Holdings Inc |
-7.49 1.37% | 537.64 | 13.19 | 13.66 | 1.13 | 293.44 | 1.77 | 8.22 |
| FSNUY Fresenius SE & Co KGaA ADR |
0.05 0.36% | 14.02 | 16.87 | 9.44 | 0.42 | 0.78 | 0.79 | 5.37 |
| FSNUF Fresenius SE & Co. KGaA |
- -% | 54.35 | 16.76 | 9.62 | 0.42 | 0.79 | 0.78 | 5.31 |
| JDHIY JD Health International Inc |
- -% | 9.08 | 62.50 | 35.97 | 0.30 | 2.32 | 0.16 | 3.90 |
Surgery Partners, Inc., together with its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company provides ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including orthopedics and pain management, ophthalmology, gastroenterology, and general surgery. It offers emergency departments; and ancillary services, such as multi-specialty physician practices, urgent care facilities, and anesthesia services. In addition, it offers single- and multi-specialty facilities. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.
340 Seven Springs Way, Brentwood, TN, United States, 37027
| Name | Title | Year Born |
|---|---|---|
| Mr. Wayne Scott DeVeydt | Exec. Chairman | 1970 |
| Mr. J. Eric Evans | CEO & Director | 1977 |
| Ms. Jennifer B. Baldock | Exec. VP and Chief Admin. & Devel. Officer | 1971 |
| Mr. Anthony W. Taparo | Chief Growth Officer | 1966 |
| Mr. Bradley R. Owens | Pres of National Group | 1970 |
| Mr. David T. Doherty | Exec. VP & CFO | 1972 |
| Mr. Varun Gadhok | Sr. VP & Chief Information Officer | NA |
| Ms. Roxanne Womack | Sr. VP & Chief Compliance Officer | NA |
| Ms. Marissa A. Brittenham | Exec. VP & Chief Strategy Officer | 1985 |
| Mr. Harrison Bane | Group Pres of American | NA |
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