Ardent Health (ARDT) FCF Margin (2023 - 2026)
Ardent Health (ARDT) recorded quarterly FCF Margin of 3.82% in Q1 2026, down 118.29% quarter-over-quarter from 20.87% in Q4 2025, and down 172.0% on a YoY basis from 5.3% in Q1 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 172.0% year-over-year to 3.82%; the TTM figure through Mar 2026 stood at 6.6% (up 141.0% YoY), while the FY2025 annual figure was 7.18%, up 206.0% from the prior year.
- FCF Margin was 3.82% for Q1 2026 at Ardent Health, down from 20.87% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 20.87% in Q4 2025 to a low of 4.21% in Q4 2023.
- Historically, FCF Margin has averaged 4.51% across 4 years, with a median of 6.14% in 2024.
- Biggest YoY gain for FCF Margin was 1366 bps in 2025; the steepest drop was 362 bps in 2025.
- A 4-year view of FCF Margin shows it stood at 4.21% in 2023, then surged by 271 bps to 7.21% in 2024, then surged by 189 bps to 20.87% in 2025, then plunged by 118 bps to 3.82% in 2026.
- The last three FCF Margin figures came in at 3.82% (Q1 2026), 20.87% (Q4 2025), and 2.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 4.68% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 27.22% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 6.41% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 9.50% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.49% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 4.10% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 7,234.71% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.81% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 10.55% |
| 10 | Ardent Health | 1.27 Bn | 652.29 Mn | 1.44 Bn | -3.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.82% |
| Dec 31, 2025 | 20.87% |
| Sep 30, 2025 | 2.52% |
| Jun 30, 2025 | 6.74% |
| Mar 31, 2025 | -2.10% |
| Dec 31, 2024 | 7.21% |
| Sep 30, 2024 | 6.14% |
| Jun 30, 2024 | 9.47% |
| Mar 31, 2024 | -2.68% |
| Dec 31, 2023 | -4.21% |
| Sep 30, 2023 | 9.47% |