8-K Announcements
6May 5, 2026·SEC
Mar 27, 2026·SEC
Mar 4, 2026·SEC
Ardent Health Partners, LLC (ARDT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Ardent Health Partners, LLC (ARDT) stock price & volume — 10-year historical chart
Ardent Health Partners, LLC (ARDT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Ardent Health Partners, LLC (ARDT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.28vs $0.18+55.6% | $1.6Bvs $1.6B+1.5% |
| Q2 2026 | Mar 4, 2026 | $0.32vs $0.35-8.0% | $1.6Bvs $1.6B-1.6% |
| Q4 2025 | Nov 12, 2025 | $0.52vs $0.42+22.6% | $1.6Bvs $1.5B+1.8% |
| Q3 2025 | Aug 5, 2025 | $0.52vs $0.30+73.3% | $1.6Bvs $1.6B+0.7% |
Ardent Health Partners, LLC (ARDT) competitors in Hospitals and inpatient facilities — business model, growth, and fundamentals comparison
Ardent Health Partners, LLC (ARDT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Ardent Health Partners, LLC (ARDT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.11B | 3B | 4.16B | 5.13B | 5.41B | 5.97B | 6.32B | 6.43B |
| Revenue Growth % | - | 42.6% | 38.63% | 23.25% | 5.45% | 10.29% | 6.01% | 6.72% |
| Cost of Goods Sold | 0 | 0 | 0 | 955.17M | 140.84M | 1.03B | 155.7M | 2.54B |
| COGS % of Revenue | - | - | - | 18.62% | 2.6% | 17.32% | 2.46% | - |
| Gross Profit | 2.11B▲ 0% | 3B▲ 42.6% | 4.16B▲ 38.6% | 4.17B▲ 0.3% | 5.27B▲ 26.2% | 4.93B▼ 6.4% | 6.17B▲ 25.0% | 3.89B▲ 0% |
| Gross Margin % | 100% | 100% | 100% | 81.38% | 97.4% | 82.68% | 97.54% | 60.52% |
| Gross Profit Growth % | - | 42.6% | 38.63% | 0.3% | 26.21% | -6.37% | 25.05% | - |
| Operating Expenses | 2.11B | 2.77B | 4.08B | 3.96B | 5.04B | 4.53B | 5.84B | 3.32B |
| OpEx % of Revenue | 100% | 92.35% | 97.93% | 77.15% | 93.15% | 75.88% | 92.39% | - |
| Selling, General & Admin | 1.95B | 1.17B | 2.68B | 3.37B | 3.62B | 3.88B | 1.19B | 2.37B |
| SG&A % of Revenue | 92.58% | 38.86% | 64.34% | 65.73% | 66.97% | 65.11% | 18.86% | - |
| Research & Development | 0 | 19.9M | 15.7M | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 0.66% | 0.38% | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 585.81M | 1.42B | 642.51M | 4.65B | 3M |
| Operating Income | 84.75M▲ 0% | 121.77M▲ 43.7% | 149.76M▲ 23.0% | 217.03M▲ 44.9% | 229.5M▲ 5.7% | 405.76M▲ 76.8% | 325.58M▼ 19.8% | 570.95M▲ 0% |
| Operating Margin % | 4.03% | 4.06% | 3.6% | 4.23% | 4.24% | 6.8% | 5.15% | 8.88% |
| Operating Income Growth % | - | 43.68% | 22.98% | 44.92% | 5.75% | 76.8% | -19.76% | - |
| EBITDA | 156.27M | 231.3M | 292.95M | 355.2M | 370.35M | 552.05M | 481.29M | 733.44M |
| EBITDA Margin % | 7.42% | 7.7% | 7.04% | 6.92% | 6.85% | 9.25% | 7.61% | 11.41% |
| EBITDA Growth % | - | 48.02% | 26.65% | 21.25% | 4.26% | 49.06% | -12.82% | 58.07% |
| D&A (Non-Cash Add-back) | 71.51M | 109.53M | 143.19M | 138.17M | 140.84M | 146.29M | 155.7M | 162.49M |
| EBIT | 71.32M | 121.38M | 101.68M | 393.53M | 209.15M | 428.64M | 325.58M | 338.84M |
| Net Interest Income | -26.95M | -70.74M | -108.59M | -82.05M | -65.42M | -65.58M | -55.2M | -41.03M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 26.95M | 70.74M | 108.59M | 82.05M | 65.42M | 65.58M | 55.2M | 53.24M |
| Other Income/Expense | -40.38M | -71.13M | -264.37M | 94.45M | -77.89M | -42.7M | -39.23M | -284.2M |
| Pretax Income | 44.37M▲ 0% | 50.64M▲ 14.1% | -114.62M▼ 326.3% | 311.48M▲ 371.8% | 151.61M▼ 51.3% | 363.06M▲ 139.5% | 286.36M▼ 21.1% | 286.75M▲ 0% |
| Pretax Margin % | 2.11% | 1.69% | -2.75% | 6.07% | 2.8% | 6.09% | 4.53% | 4.46% |
| Income Tax | 8.02M | 49.87M | -11.29M | 46.11M | 22.64M | 63.35M | 56.22M | 57.09M |
| Effective Tax Rate % | 18.08% | 98.47% | 9.85% | 14.8% | 14.93% | 17.45% | 19.63% | 19.91% |
| Net Income | 14.6M▲ 0% | -35.65M▼ 344.1% | -143.02M▼ 301.2% | 188.91M▲ 232.1% | 50.29M▼ 73.4% | 210.34M▲ 318.2% | 135.81M▼ 35.4% | 134.28M▲ 0% |
| Net Margin % | 0.69% | -1.19% | -3.44% | 3.68% | 0.93% | 3.53% | 2.15% | 2.09% |
| Net Income Growth % | - | -344.15% | -301.21% | 232.08% | -73.38% | 318.24% | -35.43% | -40.24% |
| Net Income (Continuing) | 36.35M | 774K | -103.33M | 265.37M | 128.98M | 299.71M | 230.13M | 229.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 129.47M | 382.55M | 380.19M | 411.26M | 411.42M | 390.98M | -1.25M | -3.76M |
| EPS (Diluted) | 0.10▲ 0% | -0.25▼ 350.0% | -1.01▼ 304.0% | 1.32▲ 230.7% | 0.35▼ 73.5% | 1.58▲ 351.4% | 0.96▼ 39.2% | 0.95▲ 0% |
| EPS Growth % | - | -350% | -304% | 230.69% | -73.48% | 351.43% | -39.24% | -42.07% |
| EPS (Basic) | 0.10 | -0.25 | -1.01 | 1.32 | 0.35 | 1.59 | 0.96 | - |
| Diluted Shares Outstanding | 140.96M | 140.96M | 140.96M | 143.26M | 143.26M | 132.75M | 141.45M | 141.78M |
| Basic Shares Outstanding | 140.96M | 140.96M | 140.96M | 143.26M | 143.26M | 132.44M | 140.76M | 141.27M |
| Dividend Payout Ratio | - | - | - | 92.54% | - | - | - | - |
Ardent Health Partners, LLC (ARDT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 471.15M | 736.42M | 860.42M | 1.41B | 1.62B | 1.83B | 2.06B | 2.02B |
| Cash & Short-Term Investments | 92.61M | 71.96M | 59.66M | 456.12M | 437.58M | 556.78M | 709.6M | 609.69M |
| Cash Only | 92.61M | 71.96M | 59.66M | 456.12M | 437.58M | 556.78M | 709.6M | 609.69M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 261.04M | 453.85M | 529.12M | 611.96M | 785.76M | 743.03M | 686.1M | 685.99M |
| Days Sales Outstanding | 45.26 | 55.18 | 46.4 | 43.54 | 53.02 | 45.46 | 39.6 | 41.49 |
| Inventory | 47.09M | 84.16M | 84.81M | 107.15M | 105.48M | 115.09M | 118.59M | 119.84M |
| Days Inventory Outstanding | - | - | - | 40.95 | 273.37 | 40.66 | 278.01 | 17.2 |
| Other Current Assets | 31.08M | 66.82M | 100.57M | 165.05M | 211.99M | 304.09M | 544.53M | 604.63M |
| Total Non-Current Assets | 614.21M | 1.64B | 1.89B | 3.45B | 3.48B | 3.12B | 3.23B | 3.23B |
| Property, Plant & Equipment | 256.53M | 591.57M | 839.89M | 1.99B | 2.01B | 2.04B | 2.14B | 2.14B |
| Fixed Asset Turnover | 8.21x | 5.07x | 4.96x | 2.58x | 2.69x | 2.93x | 2.95x | 3.04x |
| Goodwill | 244.49M | 818.19M | 822.03M | 844.7M | 844.7M | 852.08M | 879.45M | 879.26M |
| Intangible Assets | 71.78M | 78.26M | 77.83M | 76.93M | 76.93M | 76.93M | 89.33M | 88.34M |
| Long-Term Investments | 0 | 0 | 0 | 29.4M | 17.8M | 11.46M | 0 | 0 |
| Other Non-Current Assets | 37.76M | 62.83M | 50.11M | 93.98M | 129.31M | 131.5M | 111.69M | 469.16M |
| Total Assets | 1.09B▲ 0% | 2.37B▲ 118.8% | 2.75B▲ 15.7% | 4.86B▲ 77.0% | 5.1B▲ 5.0% | 4.96B▼ 2.9% | 5.29B▲ 6.7% | 5.25B▲ 0% |
| Asset Turnover | 1.94x | 1.26x | 1.52x | 1.06x | 1.06x | 1.20x | 1.20x | 1.24x |
| Asset Growth % | - | 118.78% | 15.66% | 76.96% | 5% | -2.87% | 6.74% | 30.16% |
| Total Current Liabilities | 328.14M | 507.35M | 624.83M | 808.6M | 994.1M | 945.42M | 1.05B | 951.48M |
| Accounts Payable | 131.94M | 226.48M | 230.36M | 320.8M | 474.54M | 401.25M | 457.94M | 419.72M |
| Days Payables Outstanding | - | - | - | 122.59 | 1.23K | 141.76 | 1.07K | 58.39 |
| Short-Term Debt | 7.67M | 16.88M | 8.96M | 58.42M | 61.03M | 9.23M | 23.44M | 37.63M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 39.98M | 56.7M | 190.75M | 167.84M | 172.82M | 44.66M | 565.16M | 494.13M |
| Current Ratio | 1.44x | 1.45x | 1.38x | 1.74x | 1.63x | 1.94x | 1.97x | 1.97x |
| Quick Ratio | 1.29x | 1.29x | 1.24x | 1.61x | 1.52x | 1.82x | 1.85x | 1.85x |
| Cash Conversion Cycle | - | - | - | -38.1 | -903.42 | -55.64 | -755.89 | 0.3 |
| Total Non-Current Liabilities | 361.22M | 1.11B | 1.41B | 3B | 3.03B | 2.49B | 2.56B | 2.57B |
| Long-Term Debt | 232.7M | 935.81M | 1.25B | 1.15B | 1.15B | 1.07B | 1.08B | 1.18B |
| Capital Lease Obligations | 0 | 0 | 0 | 1.18B | 1.18B | 1.16B | 1.17B | 3.49B |
| Deferred Tax Liabilities | 0 | 0 | 0 | 381.03M | 371.21M | 0 | 0 | 0 |
| Other Non-Current Liabilities | 128.51M | 171.09M | 157.7M | 290.01M | 319.55M | 261.75M | 317.69M | 2.29B |
| Total Liabilities | 689.36M | 1.61B | 2.03B | 3.81B | 4.02B | 3.43B | 3.61B | 3.52B |
| Total Debt | 240.37M | 952.69M | 1.26B | 2.39B | 2.4B | 2.28B | 2.26B | 1.21B |
| Net Debt | 147.76M | 880.73M | 1.2B | 1.93B | 1.96B | 1.73B | 1.55B | 603.27M |
| Debt / Equity | 0.61x | 1.25x | 1.77x | 2.27x | 2.21x | 1.50x | 1.34x | 1.34x |
| Debt / EBITDA | 1.54x | 4.12x | 4.30x | 6.72x | 6.47x | 4.13x | 4.71x | 1.65x |
| Net Debt / EBITDA | 0.95x | 3.81x | 4.10x | 5.44x | 5.29x | 3.13x | 3.23x | 3.23x |
| Interest Coverage | 2.65x | 1.72x | 0.94x | 4.80x | 3.20x | 6.54x | 5.90x | 6.36x |
| Total Equity | 396.01M▲ 0% | 760.28M▲ 92.0% | 711.84M▼ 6.4% | 1.05B▲ 47.5% | 1.08B▲ 3.0% | 1.52B▲ 40.7% | 1.68B▲ 10.7% | 1.73B▲ 0% |
| Equity Growth % | - | 91.99% | -6.37% | 47.55% | 3.05% | 40.66% | 10.68% | 80.61% |
| Book Value per Share | 2.81 | 5.39 | 5.05 | 7.33 | 7.55 | 11.47 | 11.91 | 12.21 |
| Total Shareholders' Equity | 266.54M | 377.72M | 331.64M | 639.05M | 670.9M | 1.13B | 1.69B | 1.73B |
| Common Stock | 255.03M | 401.86M | 504.69M | 510.97M | 496.88M | 1.43M | 1.43M | 1.43M |
| Retained Earnings | 11.51M | -24.14M | -167.16M | 101.55M | 155.45M | 365.8M | 501.61M | 541.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -5.89M | 26.53M | 18.56M | 9.74M | -3.61M | -2.45M |
| Minority Interest | 129.47M | 382.55M | 380.19M | 411.26M | 411.42M | 390.98M | -1.25M | -3.76M |
Ardent Health Partners, LLC (ARDT) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 85.78M | 119.47M | 159.59M | -38.36M | 221.7M | 315.03M | 470.51M | 470.51M |
| Operating CF Margin % | 4.07% | 3.98% | 3.83% | -0.75% | 4.1% | 5.28% | 7.44% | - |
| Operating CF Growth % | - | 39.28% | 33.58% | -124.04% | 677.96% | 42.1% | 49.36% | 6.86% |
| Net Income | 14.6M | -35.65M | -143.02M | 265.37M | 128.98M | 299.71M | 230.13M | 134.28M |
| Depreciation & Amortization | 71.51M | 109.53M | 143.19M | 138.17M | 140.84M | 146.29M | 155.7M | 162.49M |
| Stock-Based Compensation | 0 | 0 | 0 | 611K | 904K | 17.98M | 39.29M | 29.29M |
| Deferred Taxes | -12.71M | 49.7M | -7.82M | 46.12M | 4M | 24.04M | 43.59M | 16.39M |
| Other Non-Cash Items | 43.08M | 45.83M | 152.7M | -478.89M | 3.29M | 8.76M | 5.13M | 72.36M |
| Working Capital Changes | -30.71M | -49.94M | 14.54M | -9.74M | -56.31M | -181.75M | -3.34M | -35.97M |
| Change in Receivables | -17.72M | -63.82M | -9.05M | -17.18M | -181.1M | 40M | 59.16M | 89.9M |
| Change in Inventory | 56K | -3.61M | -1.03M | 4.67M | 1.67M | -9.41M | -3.15M | 799K |
| Change in Payables | -9.28M | 41.3M | 37.15M | 14.42M | 136.82M | -103.86M | 62.06M | 94.56M |
| Cash from Investing | -64.83M | -966.93M | -482.14M | 46.58M | -137.98M | -220.46M | -214.23M | -219.01M |
| Capital Expenditures | -80.5M | -121.53M | -160.66M | -151.11M | -137.41M | -187.51M | -211.9M | -217.08M |
| CapEx % of Revenue | 3.82% | 4.05% | 3.86% | 2.95% | 2.54% | 3.14% | 3.35% | - |
| Acquisitions | -2.5M | -857.55M | -349.83M | 206.37M | 0 | -31.25M | -2.5M | -2.5M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 18.17M | 12.16M | 28.35M | -8.69M | -575K | -1.71M | 179K | 580K |
| Cash from Financing | -25.89M | 826.81M | 353.22M | -270.33M | -102.26M | 24.64M | -103.47M | -98.85M |
| Debt Issued (Net) | -5.67M | 718.51M | 252.63M | -16.41M | -7.03M | -104.77M | -7.99M | -10.24M |
| Equity Issued (Net) | 0 | 143.94M | 99.12M | 0 | 0 | 208.66M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | -174.81M | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -20.22M | -35.64M | 1.47M | -79.11M | -95.24M | -79.24M | -95.48M | -88.6M |
| Net Change in Cash | -4.95M▲ 0% | -20.65M▼ 317.6% | -12.3M▲ 40.4% | -262.11M▼ 2031.3% | -18.55M▲ 92.9% | 119.21M▲ 742.7% | 152.82M▲ 28.2% | 114.65M▲ 0% |
| Free Cash Flow | 3.62M▲ 0% | -2.06M▼ 157.0% | -1.07M▲ 48.1% | -189.47M▼ 17590.6% | 84.29M▲ 144.5% | 127.52M▲ 51.3% | 258.61M▲ 102.8% | 213.81M▲ 0% |
| FCF Margin % | 0.17% | -0.07% | -0.03% | -3.69% | 1.56% | 2.14% | 4.09% | 3.33% |
| FCF Growth % | - | -156.96% | 48.06% | -17590.57% | 144.49% | 51.28% | 102.8% | 80.66% |
| FCF per Share | 0.03 | -0.01 | -0.01 | -1.32 | 0.59 | 0.96 | 1.83 | 1.83 |
| FCF Conversion (FCF/Net Income) | 5.87x | -3.35x | -1.12x | -0.20x | 4.41x | 1.50x | 3.46x | 1.59x |
| Interest Paid | 26.01M | 64.63M | 86.54M | 90.85M | 81.61M | 74.98M | 0 | 0 |
| Taxes Paid | 23.62M | 2.37M | 5.55M | 55.82M | 19.43M | 41.6M | 0 | 0 |
Ardent Health Partners, LLC (ARDT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -6.17% | -19.43% | 21.44% | 4.72% | 16.15% | 8.47% | 8.02% |
| Return on Invested Capital (ROIC) | 8.36% | 6.32% | 6.65% | 5.71% | 9.68% | 7.53% | 7.53% |
| Gross Margin | 100% | 100% | 81.38% | 97.4% | 82.68% | 97.54% | 60.52% |
| Net Margin | -1.19% | -3.44% | 3.68% | 0.93% | 3.53% | 2.15% | 2.09% |
| Debt / Equity | 1.25x | 1.77x | 2.27x | 2.21x | 1.50x | 1.34x | 1.34x |
| Interest Coverage | 1.72x | 0.94x | 4.80x | 3.20x | 6.54x | 5.90x | 6.36x |
| FCF Conversion | -3.35x | -1.12x | -0.20x | 4.41x | 1.50x | 3.46x | 1.59x |
| Revenue Growth | 42.6% | 38.63% | 23.25% | 5.45% | 10.29% | 6.01% | 6.72% |
Ardent Health Partners, LLC (ARDT) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 27, 2026·SEC
Mar 4, 2026·SEC
Ardent Health Partners, LLC (ARDT) stock FAQ — growth, dividends, profitability & financials explained
Ardent Health Partners, LLC (ARDT) reported $6.43B in revenue for fiscal year 2025. This represents a 205% increase from $2.11B in 2016.
Ardent Health Partners, LLC (ARDT) grew revenue by 6.0% over the past year. This is steady growth.
Yes, Ardent Health Partners, LLC (ARDT) is profitable, generating $134.3M in net income for fiscal year 2025 (2.1% net margin).
Ardent Health Partners, LLC (ARDT) has a return on equity (ROE) of 8.5%. This is below average, suggesting room for improvement.
Ardent Health Partners, LLC (ARDT) generated $213.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Ardent Health Partners, LLC (ARDT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates