Ardent Health (ARDT) Debt Ratio (2023 - 2026)
Ardent Health's Debt Ratio was 0.21 in Q2 2026, down 5.5% from 0.22 a year earlier and down 1.3% from the prior quarter.
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Analysis
Ardent Health (ARDT) Debt Ratio (2023 - 2026) Analysis & Trends
From Q4 2023 onward, Ardent Health has reported Debt Ratio for 10 quarters.
- In earlier years, Debt Ratio was 0.22 in FY2024 (-11.9%) and 0.25 in FY2023.
- Quarterly Debt Ratio has moved between 0.21 (Q4 2025) and 0.25 (Q4 2023) over five years.
- Compared with a year earlier, Debt Ratio has declined for five straight quarters, with an average decline of 7.1% over the last six quarters.
- Per Business Quant data, ARDT's Debt Ratio in the three quarters before Q2 2026 was 0.21 (Q1 2026), 0.21 (Q4 2025) and 0.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.67 Bn | 98.68 Bn | - | 0.79 |
| 2 | Natera | 57.42 Bn | 53.11 Bn | 485.19 Mn | 0.03 |
| 3 | Quest Diagnostics | 27.06 Bn | 25.19 Bn | 1.03 Bn | 0.33 |
| 4 | Labcorp Holdings | 26.94 Bn | 24.68 Bn | 1.11 Bn | 0.32 |
| 5 | Tenet Healthcare | 22.62 Bn | 11.62 Bn | - | 0.43 |
| 6 | Guardant Health | 21.58 Bn | 17.64 Bn | 219.03 Mn | - |
| 7 | Fresenius Medical Care AG | 12.91 Bn | 4.86 Bn | 1.52 Bn | 15.15 |
| 8 | BrightSpring Health Services | 12.52 Bn | 10.85 Bn | 492.75 Mn | 0.37 |
| 9 | Encompass Health | 12.42 Bn | 12.08 Bn | - | 0.35 |
| 10 | Ardent Health | 1.75 Bn | -906.19 Mn | - | 0.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.24 |
| Dec 31, 2023 | 0.25 |
API Access
Ardent Health Debt Ratio 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=debt-ratio&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();