SGRY (Surgery Partners) Net Margin %: -4.43% (As of Mar. 2026)

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SGRY Surgery Partners Inc SGRY
66 GF Score
Price $14.92
GF Value $26.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Surgery Partners Net Margin %?

Surgery Partners SGRY -2.61% 66 Net Margin % is -4.43% as of Mar. 2026. GuruFocus rates SGRY with a GF Score™ of 66/100 and a GF Value™ of $26.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 662 Healthcare Providers & Services companies, Surgery Partners ranks worse than 69.94% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Surgery Partners's Net Income for the three months ended in Mar. 2026 was $-36 Mil. Surgery Partners's Revenue for the three months ended in Mar. 2026 was $811 Mil. Therefore, Surgery Partners's net margin for the quarter that ended in Mar. 2026 was -4.43%.

The historical rank and industry rank for Surgery Partners's Net Margin % or its related term are showing as below:

SGRY' s Net Margin % Range Over the Past 10 Years
Min: -11.61   Med: -3.19   Max: 0.83
Current: -2.28


SGRY's Net Margin % is ranked worse than
69.94% of 662 companies
in the Healthcare Providers & Services industry
Industry Median: 2.965 vs SGRY: -2.28

Surgery Partners  (NAS:SGRY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Surgery Partners Net Margin % Related Terms


Surgery Partners Net Margin % Historical Data

* Premium members only.

The historical data trend for Surgery Partners's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Surgery Partners Net Margin % Chart

Surgery Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.19 -2.15 -0.43 -5.40 -2.35

Surgery Partners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.86 -0.30 -2.76 -1.69 -4.43

SGRY vs AVAH, ASTH, ADUS: Net Margin % Comparison

For the Medical Care Facilities subindustry, Surgery Partners's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Surgery Partners Net Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Surgery Partners's Net Margin % distribution charts can be found below:

* The bar in red indicates where Surgery Partners's Net Margin % falls into.


SGRY
66GF Score
Surgery Partners Inc SGRY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Surgery Partners Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Surgery Partners's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-77.9/3308.7
=-2.35 %

Surgery Partners's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-35.9/810.9
=-4.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -4.43% mean?
Surgery Partners (SGRY) has a Net Margin % of -4.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Surgery Partners and its competitors. According to the industry distribution chart, Surgery Partners ranks #463 out of 662 companies in the Healthcare Providers & Services industry, placing it in the top 69.9%.
Is Surgery Partners' Net Margin % too high?
Surgery Partners' current Net Margin % is -4.43%. Based on the distribution chart, Surgery Partners ranks #463 out of 662 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Surgery Partners has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surgery Partners' Net Margin % compare to AVAH and ASTH?
According to the Healthcare Providers & Services industry distribution chart, Surgery Partners ranks #463 out of 662 companies for Net Margin %. This places Surgery Partners in the lower half of its industry. The industry median Net Margin % is 2.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Healthcare Providers & Services company?
The median Net Margin % among Healthcare Providers & Services companies is 2.97, based on 662 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Surgery Partners and its competitors. For the Healthcare Providers & Services industry, the median Net Margin % is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surgery Partners's current Net Margin % is -4.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surgery Partners stock overvalued right now?
Based on GuruFocus' analysis, Surgery Partners (SGRY) is currently considered Possible Value Trap. The stock's GF Value™ is $26.81, compared to a current price of $14.92 — trading 44.3% below its estimated fair value. The current Net Margin % is -4.43%. Surgery Partners' overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Surgery Partners (SGRY), the current Net Margin % is -4.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Surgery Partners (SGRY) Overvalued in 2026?

Based on GuruFocus' analysis, Surgery Partners stock appears to be undervalued. The current stock price of $14.92 is trading 44.3% below its estimated GF Value™ of $26.81. GuruFocus considers Surgery Partners to be Possible Value Trap.

Key valuation signals for SGRY:

  • Net Margin %: -4.43%
  • GF Value™: $26.81 vs. price of $14.92 (44.3% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the SGRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surgery Partners Business Description

Other Exchanges 1SP:Germany
Address 340 Seven Springs Way, Suite 600, Brentwood, TN, USA, 37027
Surgery Partners Inc is a healthcare services company with an integrated outpatient delivery model focused on providing quality, cost-effective solutions for surgical and related ancillary care in support of both patients and physicians. It has one reportable segment: Surgical Facilities, which includes the operation of ASCs, surgical hospitals, anesthesia services, and multi-specialty physician practices, which earn revenues from contracts with patients in which the performance obligations are to provide health care services.
66GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.92
Price
$26.81
GF Value