Filing Flows › Comparisons › UHS vs SGRY
Universal Health Services vs Surgery Partners: UHS and SGRY compared
Universal Health Services is the larger company: $4.7B of revenue in its latest quarter (Q3 2026) against $849M for Surgery Partners (Q2 2026). Universal Health Services is growing faster (+5% against +3% a year earlier). Surgery Partners is more profitable, with an operating margin of 12.0% against 9.6%.
Where the money goes: UHS and SGRY
Universal Health Services (UHS) · Q3 2026
Universal Health Services, Q3 2026: revenue $4.7B (+5% year over year), operating margin 9.6%, net earnings $309M, operating cash flow $637M. 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.
| Universal Health Services (UHS) | Surgery Partners (SGRY) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $4.7B | $849M |
| Revenue growth, Y/Y | +5% | +3% |
| Operating margin | 9.6% | 12.0% |
| Net earnings | $309M | $29.7M |
| Net margin | 6.5% | 3.5% |
| Operating cash flow | $637M | $59.3M |
| Free cash flow | $422M | $37.5M |
| Market value | $11.7B | $3.0B |
| P/E | 7.9× | — |
| Analysts’ mean target | $193.82 | $22.60 |
Where the revenue comes from
Universal Health Services
- Managed Care: $1.2B (26%)
- Medicaid: $798M (17%)
- Managed Medicaid: $655M (14%)
- Managed Medicare: $576M (12%)
Surgery Partners
- Patient service revenues: $828M (98%)
- Other: $20.6M (2%)
Questions
Which is bigger, Universal Health Services or Surgery Partners?
Universal Health Services is the larger company: $4.7B of revenue in its latest quarter (Q3 2026) against $849M for Surgery Partners (Q2 2026).
Is Universal Health Services or Surgery Partners growing faster?
Universal Health Services is growing faster (+5% against +3% a year earlier).
Which is more profitable, Universal Health Services or Surgery Partners?
Surgery Partners is more profitable, with an operating margin of 12.0% against 9.6%.
More: Universal Health Services earnings · how Universal Health Services makes money · Surgery Partners earnings · how Surgery Partners makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.