Ardent Health (ARDT) EV to EBITDA (2024 - 2026)
Ardent Health's EV to EBITDA came in at 2.52 for Q2 2026, up 12.0% from 2.25 a year earlier and up 107.0% from the prior quarter.
Powered by 
Analysis
Ardent Health (ARDT) EV to EBITDA (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ardent Health reported EV to EBITDA of -2.03; for FY2025, it came in at 1.91, down 41.6% from FY2024.
- Going back by year, EV to EBITDA was 3.27 in FY2024.
- The five-year range for quarterly EV to EBITDA is 1.22 (Q1 2026) to 5.81 (Q3 2024).
- Year-over-year, EV to EBITDA increased in 1 of the last four quarters, with an average decline of 32.5%.
- Business Quant data shows ARDT's EV to EBITDA at 1.22 (Q1 2026), 1.91 (Q4 2025) and 2.95 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | Ardent Health | 1.48 Bn | -774.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 |
| Mar 31, 2026 | 1.22 |
| Dec 31, 2025 | 1.91 |
| Sep 30, 2025 | 2.95 |
| Jun 30, 2025 | 2.25 |
| Mar 31, 2025 | 2.50 |
| Dec 31, 2024 | 3.27 |
| Sep 30, 2024 | 5.81 |
API Access
Ardent Health EV to 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=ev-to-ebitda&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-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=ev-to-ebitda&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();