Ardent Health (ARDT) EV to CFO (2024 - 2026)
Ardent Health's EV to CFO came in at 2.08 for Q2 2026, down 55.6% from 4.68 a year earlier but up 47.6% from the prior quarter.
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Analysis
Ardent Health (ARDT) EV to CFO (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ardent Health reported EV to CFO of -1.67; for FY2025, it came in at 2.02, down 66.2% from FY2024.
- Going back by year, EV to CFO was 5.98 in FY2024.
- The five-year range for quarterly EV to CFO is 1.41 (Q1 2026) to 9.27 (Q3 2024).
- Year-over-year, EV to CFO has declined for four consecutive quarters, with an average decline of 60.8% over the last four quarters.
- Business Quant data shows ARDT's EV to CFO at 1.41 (Q1 2026), 2.02 (Q4 2025) and 4.59 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - |
| 10 | Ardent Health | 2.48 Bn | -330.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.24 |
| Jun 30, 2026 | 2.08 |
| Mar 31, 2026 | 1.41 |
| Dec 31, 2025 | 2.02 |
| Sep 30, 2025 | 4.59 |
| Jun 30, 2025 | 4.68 |
| Mar 31, 2025 | 4.83 |
| Dec 31, 2024 | 5.98 |
| Sep 30, 2024 | 9.27 |
API Access
Ardent Health EV to CFO 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=ev-to-cfo&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();