Surgery Partners, Inc. — Cash Flow Charts
2 years of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow
$274M
Free Cash Flow
$196M
Investing Cash Flow
$-247M
Financing Cash Flow
$-57M
Capex
$79M
Acquisitions
$162M
Stock Buybacks
—
Stock-Based Comp
$15M
Debt Issued
$1.20B
Debt Repaid
$1.04B
D&A
$176M
SBC Allocated Expense
$15M
SBC Unrecognized Cost
$26M