Ardent Health (ARDT) FCF Margin (2023 - 2026)

Ardent Health (ARDT) posted quarterly FCF Margin of 3.82% for Q1 2026, down 63.0% year-over-year from 10.32% in Q1 2025, and down 127.78% quarter-over-quarter from 13.74% in Q4 2025.

Ardent Health (ARDT) FCF Margin (2023 - 2026) Analysis & Trends

Ardent Health's FCF Margin history runs 4 years deep, the most recent figure standing at 3.82% for Q1 2026.

  • In Q1 2026, FCF Margin fell 63.0% year-over-year to 3.82%; the TTM figure through Mar 2026 stood at 6.85% (up 489.0% YoY), while the FY2025 annual figure was 7.18%, up 504.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 3.82%, down from 13.74% in the prior quarter.
  • The five-year high for FCF Margin was 13.74% in Q4 2025, with the low at 3.88% in Q4 2024.
  • The 4-year median for FCF Margin is 4.62% (2023), against an average of 4.35%.
  • The sharpest annual moves came in 2024 and 2025: FCF Margin tumbled 1362 bps in 2024, then surged 1763 bps in 2025.
  • Ardent Health's FCF Margin stood at 9.74% in 2023, then slumped by 140 bps to 3.88% in 2024, then soared by 454 bps to 13.74% in 2025, then sank by 128 bps to 3.82% in 2026.
  • Business Quant data shows ARDT's FCF Margin at 3.82% in Q1 2026, 13.74% in Q4 2025, and 13.32% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn 5.46%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 7.41%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 3.90%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 9.01%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 8.27%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 4.65%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 2.19%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 10.29%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 19.73%
10 Ardent Health 1.55 Bn 1.22 Bn 1.34 Bn 9.74%

Historic Data

Download Data
DateValue
Jun 30, 2026 9.74%
Mar 31, 2026 -3.82%
Dec 31, 2025 13.74%
Sep 30, 2025 13.32%
Jun 30, 2025 4.33%
Mar 31, 2025 -3.19%
Dec 31, 2024 -3.88%
Sep 30, 2024 10.13%
Jun 30, 2024 5.54%
Mar 31, 2024 -2.68%
Dec 31, 2023 9.74%
Sep 30, 2023 4.62%