Ardent Health (ARDT) Debt to Equity (2023 - 2026)

Ardent Health (ARDT) recorded quarterly Debt to Equity of $0.64 in Q1 2026, down 25.01% quarter-over-quarter from $0.85 in Q4 2025, and down 9.65% on a YoY basis from $0.71 in Q1 2025.

Ardent Health (ARDT) Debt to Equity (2023 - 2026) Analysis & Trends

Ardent Health's Debt to Equity history runs 4 years deep, the most recent figure standing at $0.64 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 9.65% year-over-year to $0.64; the TTM figure through Mar 2026 stood at $0.64 (down 9.65% YoY), while the FY2025 annual figure was $0.85, up 18.57% from the prior year.
  • Debt to Equity was $0.64 for Q1 2026 at Ardent Health, down from $0.85 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.1 in Q4 2023 to a low of $0.64 in Q1 2026.
  • Historically, Debt to Equity has averaged $0.79 across 4 years, with a median of $0.72 in 2024.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity plunged 34.8% in 2024, then advanced 18.57% in 2025.
  • A 4-year view of Debt to Equity shows it stood at $1.1 in 2023, then slumped by 34.8% to $0.72 in 2024, then rose by 18.57% to $0.85 in 2025, then dropped by 25.01% to $0.64 in 2026.
  • The last three Debt to Equity figures came in at $0.64 (Q1 2026), $0.85 (Q4 2025), and $0.68 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -16.13
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 2.74
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn -22.31
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 0.78
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 0.06
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 0.63
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 0.51
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 0.11
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 0.05
10 Ardent Health 1.27 Bn 652.29 Mn 1.44 Bn 0.64

Historic Data

Download Data
DateValue
Mar 31, 2026 0.64
Dec 31, 2025 0.85
Sep 30, 2025 0.68
Jun 30, 2025 0.67
Mar 31, 2025 0.71
Dec 31, 2024 0.72
Sep 30, 2024 0.79
Jun 30, 2024 0.94
Dec 31, 2023 1.10