Ardent Health (ARDT) EBITDA (2023 - 2026)
Ardent Health (ARDT) reported EBITDA of $97.11 million for Q2 2026, down 44.8% from $176.03 million a year earlier and down 25.2% from the prior quarter.
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Analysis
Ardent Health (ARDT) EBITDA (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ardent Health's EBITDA came in at $423.56 million, down 32.5% year-over-year; for FY2025, it was $497.26 million, down 13.5% from FY2024.
- EBITDA has a three-year compound annual growth rate of -2.2% (FY2022 to FY2025).
- By year, EBITDA came in at $574.93 million in FY2024 (+56.8%), $366.76 million in FY2023 (-31.0%) and $531.73 million in FY2022.
- Five-year quarterly EBITDA spans a low of $50.87 million in Q3 2025 and a high of $218.63 million in Q4 2024.
- Year over year, EBITDA gained in five of the last eight quarters, with growth averaging 20.9%.
- The high point for year-over-year EBITDA in five years was Q4 2024 (growth of 245.6%); the low point was Q3 2025 (a decline of 53.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $129.79 million (Q1 2026), $145.79 million (Q4 2025) and $50.87 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | 4.05 Bn |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | -54.61 Mn |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 605.00 Mn |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 630.60 Mn |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | 1.72 Bn |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | -119.56 Mn |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 174.76 Mn |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 956.64 Mn |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | - |
| 10 | Ardent Health | 1.71 Bn | -945.87 Mn | - | 97.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.93 Mn |
| Mar 31, 2026 | 130.60 Mn |
| Dec 31, 2025 | 146.60 Mn |
| Sep 30, 2025 | 51.96 Mn |
| Jun 30, 2025 | 177.27 Mn |
| Mar 31, 2025 | 125.81 Mn |
| Dec 31, 2024 | 219.86 Mn |
| Sep 30, 2024 | 109.85 Mn |
| Jun 30, 2024 | 138.08 Mn |
| Mar 31, 2024 | 112.60 Mn |
| Dec 31, 2023 | 63.98 Mn |
| Sep 30, 2023 | 101.92 Mn |
| Jun 30, 2023 | 121.18 Mn |
API Access
Ardent Health EBITDA 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=ebitda&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();