About Surgery Partners, Inc.
https://www.surgerypartners.comSurgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services.

CEO
J. Eric Evans
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 125
Ratings Snapshot
Rating : C+
Most Recent Analyst Grades

UBS
Buy

Benchmark
Buy

Mizuho
Outperform

RBC Capital
Outperform

Macquarie
Outperform

Cantor Fitzgerald
Overweight
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership

BAIN CAPITAL INVESTORS LLC
Shares:49.95M
Value:$769.68M

JANUS HENDERSON GROUP PLC
Shares:13.04M
Value:$200.89M

PENTWATER CAPITAL MANAGEMENT LP
Shares:11.68M
Value:$180M
Summary
Showing Top 3 of 244
About Surgery Partners, Inc.
https://www.surgerypartners.comSurgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company operates through two segments, Surgical Facility Services and Ancillary Services.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $821.5M ▼ | $89.6M ▲ | $-22.7M ▼ | -2.76% ▼ | $-0.18 ▼ | $405.4M ▲ |
| Q2-2025 | $826.2M ▲ | $83.9M ▼ | $-2.5M ▲ | -0.3% ▲ | $-0.02 ▲ | $152M ▲ |
| Q1-2025 | $776M ▼ | $100M ▼ | $-37.7M ▲ | -4.86% ▲ | $-0.3 ▲ | $98.2M ▼ |
| Q4-2024 | $864.4M ▲ | $106.5M ▼ | $-108.5M ▼ | -12.55% ▼ | $-0.86 ▼ | $161M ▲ |
| Q3-2024 | $770.4M | $116.6M | $-31.7M | -4.11% | $-0.25 | $111.1M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $203.4M ▼ | $7.95B ▼ | $4.39B ▲ | $1.73B ▼ |
| Q2-2025 | $250.1M ▲ | $7.95B ▲ | $4.38B ▲ | $1.75B ▲ |
| Q1-2025 | $229.3M ▼ | $7.95B ▲ | $4.36B ▲ | $1.74B ▼ |
| Q4-2024 | $269.5M ▲ | $7.89B ▲ | $4.25B ▲ | $1.79B ▼ |
| Q3-2024 | $221.8M | $7.53B | $3.99B | $1.9B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $25.3M ▲ | $83.6M ▲ | $-46.2M ▼ | $-84.1M ▼ | $-46.7M ▼ | $63.8M ▲ |
| Q2-2025 | $0 ▲ | $81.3M ▲ | $2.1M ▲ | $-62.6M ▼ | $20.8M ▲ | $57.9M ▲ |
| Q1-2025 | $-300K ▲ | $6M ▼ | $-76.4M ▲ | $30.2M ▼ | $-40.2M ▼ | $-16.7M ▼ |
| Q4-2024 | $-46.6M ▼ | $111.4M ▲ | $-111.7M ▼ | $48M ▲ | $47.7M ▲ | $89.1M ▲ |
| Q3-2024 | $6.4M | $65.2M | $-49.6M | $-7.3M | $8.3M | $45M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Government Revenue | $630.00M ▲ | $320.00M ▼ | $350.00M ▲ | $350.00M ▲ |
Healthcare Organization Patient Service | $1.60Bn ▲ | $760.00M ▼ | $800.00M ▲ | $800.00M ▲ |
Other Patient Service Revenue Sources | $40.00M ▲ | $20.00M ▼ | $20.00M ▲ | $20.00M ▲ |
Other Services | $30.00M ▲ | $20.00M ▼ | $20.00M ▲ | $20.00M ▲ |
Private Insurance | $880.00M ▲ | $410.00M ▼ | $420.00M ▲ | $400.00M ▼ |
SelfPay Revenue | $40.00M ▲ | $20.00M ▼ | $20.00M ▲ | $30.00M ▲ |

CEO
J. Eric Evans
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 125
Ratings Snapshot
Rating : C+
Most Recent Analyst Grades

UBS
Buy

Benchmark
Buy

Mizuho
Outperform

RBC Capital
Outperform

Macquarie
Outperform

Cantor Fitzgerald
Overweight
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership

BAIN CAPITAL INVESTORS LLC
Shares:49.95M
Value:$769.68M

JANUS HENDERSON GROUP PLC
Shares:13.04M
Value:$200.89M

PENTWATER CAPITAL MANAGEMENT LP
Shares:11.68M
Value:$180M
Summary
Showing Top 3 of 244




