Surgery Partners, Inc. — Cash Flow Charts
8 quarters 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↓-7.2% -$8M
$103M
Free Cash Flow↑+1.7% +$2M
$91M
Investing Cash Flow
$2M
Financing Cash Flow↑+23.3% +$11M
$59M
Capex↓-42.6% -$10M
$13M
Acquisitions↑+25.0% +$22M
$110M
Stock Buybacks
—
Stock-Based Comp↓-63.4% -$5M
$3M
Debt Issued↑+160.4% +$427M
$693M
Debt Repaid↑+239.8% +$409M
$579M
D&A↑+76.7% +$26M
$60M
SBC Allocated Expense↓-63.4% -$5M
$3M