Ardent Health (ARDT) Capital Expenditures (2023 - 2026)
Ardent Health's Capital Expenditures came in at $38.68 million for Q2 2026, down 16.3% from $46.2 million a year earlier but up 37.7% from the prior quarter.
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Analysis
Ardent Health (ARDT) Capital Expenditures (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ardent Health reported Capital Expenditures of $209.57 million, up 8.1% year-over-year; for FY2025, it was $211.9 million, up 13.0% from FY2024.
- Capital Expenditures carries a three-year compound annual growth rate of 11.9% (FY2022 to FY2025).
- Going back by year, Capital Expenditures was $187.51 million in FY2024 (+36.5%), $137.41 million in FY2023 (-9.1%) and $151.11 million in FY2022.
- The five-year range for quarterly Capital Expenditures is $22.91 million (Q1 2025) to $84 million (Q4 2025).
- Year-over-year, Capital Expenditures increased in six of the last eight quarters, with growth averaging 21.9%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q3 2024 (growth of 73.8%), and the weakest in Q2 2026 (a decline of 16.3%).
- Business Quant data shows ARDT's Capital Expenditures at $28.09 million (Q1 2026), $84 million (Q4 2025) and $58.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 1.23 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 63.43 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 138.00 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 131.60 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 11.76 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 168.00 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 6.13 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 220.30 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 29.03 Mn |
| 10 | Ardent Health | 1.46 Bn | -793.18 Mn | - | 38.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.68 Mn |
| Mar 31, 2026 | 28.09 Mn |
| Dec 31, 2025 | 84.00 Mn |
| Sep 30, 2025 | 58.80 Mn |
| Jun 30, 2025 | 46.20 Mn |
| Mar 31, 2025 | 22.91 Mn |
| Dec 31, 2024 | 81.27 Mn |
| Sep 30, 2024 | 43.47 Mn |
| Jun 30, 2024 | 38.93 Mn |
| Mar 31, 2024 | 23.84 Mn |
| Dec 31, 2023 | 57.45 Mn |
| Sep 30, 2023 | 25.01 Mn |
API Access
Ardent Health Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ARDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();