SGRYSurgery Partners, Inc.

$14.04

Is it safe?

Can SGRY take a bad year?

Surgery Partners, Inc. carries $3.53B of net debt at 6.30× EBITDA: a heavy load to carry through a bad year.

$3.53B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
6.30×

Net debt / EBITDA · 6.37× a year ago · the load is coming down

Debt / equity
2.25×

Debt / equity

Annualised volatility
49%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ2 2026
$3.75B
Cash and short-term investments
$217M
Net debt
$3.53B
EBITDA, trailing twelve months
$561M
Operating profit, trailing twelve months
$384M
Debt / equity
2.25×
Total debt / EBITDA
6.69×
Annualised volatilitytwo years of daily moves
49%
Worst drawdown on file
−83%
Below its 52-week high
−41%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.