Ardent Health (ARDT) EBITDA (2023 - 2026)

Ardent Health (ARDT) posted quarterly EBITDA of -$194.0 million for Q1 2026, down 5.04% year-over-year from -$204.3 million in Q1 2025, and down 4.75% quarter-over-quarter from -$185.2 million in Q4 2025.

Ardent Health (ARDT) EBITDA (2023 - 2026) Analysis & Trends

Ardent Health's EBITDA history runs 4 years deep, the most recent figure standing at -$194.0 million for Q1 2026.

  • In Q1 2026, EBITDA fell 5.04% year-over-year to -$194.0 million; the TTM figure through Mar 2026 stood at -$728.7 million (down 83.72% YoY), while the FY2025 annual figure was -$796.6 million, down 498.19% from the prior year.
  • EBITDA for Q1 2026 stood at -$194.0 million, down from -$185.2 million in the prior quarter.
  • The five-year high for EBITDA was $25.9 million in Q4 2024, with the low at -$642.6 million in Q4 2023.
  • The 4-year median for EBITDA is -$180.9 million (2024), against an average of -$173.1 million.
  • The sharpest annual moves came in 2024 and 2025: EBITDA soared 104.03% in 2024, then tumbled 815.52% in 2025.
  • Ardent Health's EBITDA stood at -$642.6 million in 2023, then surged by 104.03% to $25.9 million in 2024, then sank by 815.52% to -$185.2 million in 2025, then fell by 4.75% to -$194.0 million in 2026.
  • Business Quant data shows ARDT's EBITDA at -$194.0 million in Q1 2026, -$185.2 million in Q4 2025, and -$200.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn -2.55 Bn
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 1.50 Bn
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 33.50 Mn
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 579.00 Mn
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 122.50 Mn
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 516.68 Mn
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 109.33 Mn
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 89.20 Mn
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 115.07 Mn
10 Ardent Health 1.55 Bn 1.22 Bn 1.34 Bn -236.42 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -236.42 Mn
Mar 31, 2026 -193.96 Mn
Dec 31, 2025 -185.16 Mn
Sep 30, 2025 -200.92 Mn
Jun 30, 2025 -148.65 Mn
Mar 31, 2025 -184.66 Mn
Dec 31, 2024 25.88 Mn
Sep 30, 2024 -60.63 Mn
Jun 30, 2024 -177.21 Mn
Mar 31, 2024 -65.27 Mn
Dec 31, 2023 -642.55 Mn
Sep 30, 2023 -203.58 Mn
Jun 30, 2023 -41.01 Mn