Filing Flows › Comparisons › CYH vs SGRY
Community Health Systems vs Surgery Partners: CYH and SGRY compared
Community Health Systems is the larger company: $2.8B of revenue in its latest quarter (Q3 2026) against $849M for Surgery Partners (Q2 2026). Surgery Partners is growing faster (+3% against -11% a year earlier). Surgery Partners is more profitable, with an operating margin of 12.0% against 5.3%.
Where the money goes: CYH and SGRY
Community Health Systems (CYH) · Q3 2026
Community Health Systems, Q3 2026: revenue $2.8B (-11% year over year), operating margin 5.3%, net loss $50.0M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
Surgery Partners (SGRY) · Q2 2026
Surgery Partners, Q2 2026: revenue $849M (+3% year over year), operating margin 12.0%, net earnings $29.7M, operating cash flow $59.3M. The chart follows the revenue to costs, profit and cash.
| Community Health Systems (CYH) | Surgery Partners (SGRY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $2.8B | $849M |
| Revenue growth, Y/Y | -11% | +3% |
| Operating margin | 5.3% | 12.0% |
| Net earnings | −$50.0M | $29.7M |
| Net margin | -1.8% | 3.5% |
| Operating cash flow | $154M | $59.3M |
| Free cash flow | $67.0M | $37.5M |
| Market value | $303M | $3.0B |
| P/E | 7.9× | — |
| Analysts’ mean target | $2.63 | $22.60 |
Where the revenue comes from
Community Health Systems
- Managed Care and Other Third Party Payors: $1.3B (46%)
- Medicare Managed Care: $524M (19%)
- Medicare: $469M (17%)
- Medicaid: $447M (16%)
Surgery Partners
- Patient service revenues: $828M (98%)
- Other: $20.6M (2%)
Questions
Which is bigger, Community Health Systems or Surgery Partners?
Community Health Systems is the larger company: $2.8B of revenue in its latest quarter (Q3 2026) against $849M for Surgery Partners (Q2 2026).
Is Community Health Systems or Surgery Partners growing faster?
Surgery Partners is growing faster (+3% against -11% a year earlier).
Which is more profitable, Community Health Systems or Surgery Partners?
Surgery Partners is more profitable, with an operating margin of 12.0% against 5.3%.
More: Community Health Systems earnings · how Community Health Systems makes money · Surgery Partners earnings · how Surgery Partners makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.