Ardent Health (ARDT) Common Equity (2023 - 2026)
Ardent Health's Common Equity came in at $1.75 billion for Q2 2026, up 5.9% from $1.65 billion a year earlier and up 0.6% from the prior quarter.
Powered by 
Analysis
Ardent Health (ARDT) Common Equity (2023 - 2026) Analysis & Trends
At the end of FY2025, Ardent Health's Common Equity was $1.69 billion, up 10.8% from FY2024.
- Common Equity has increased in each of the last three years, with a three-year compound annual growth rate of 17.5% (FY2022 to FY2025).
- Going back by year, Common Equity was $1.52 billion in FY2024 (+41.5%), $1.08 billion in FY2023 (+3.4%) and $1.04 billion in FY2022.
- The Q2 2026 figure represents the highest quarterly Common Equity in data going back to Q2 2023.
- Year-over-year, Common Equity has increased for nine consecutive quarters, with growth averaging 24.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Common Equity ran from 5.9% in Q2 2026 to 42.2% in Q2 2025.
- Business Quant data shows ARDT's Common Equity at $1.73 billion (Q1 2026), $1.69 billion (Q4 2025) and $1.63 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | -6.64 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 1.82 Bn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 7.82 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 8.61 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -222.87 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 6.56 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 3.40 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | -765.10 Mn |
| 10 | Ardent Health | 1.48 Bn | -774.73 Mn | - | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.75 Bn |
| Mar 31, 2026 | 1.73 Bn |
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.63 Bn |
| Jun 30, 2025 | 1.65 Bn |
| Mar 31, 2025 | 1.56 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.38 Bn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.06 Bn |
API Access
Ardent Health Common Equity 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=common-equity&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();