Ardent Health (ARDT) Free Cash Flow (2023 - 2026)
Ardent Health (ARDT) recorded quarterly Free Cash Flow of -$61.2 million in Q1 2026, down 118.26% quarter-over-quarter from $335.0 million in Q4 2025, and down 94.47% on a YoY basis from -$1.1 billion in Q1 2025.
Ardent Health (ARDT) Free Cash Flow (2023 - 2026) Analysis & Trends
Ardent Health's Free Cash Flow history runs 4 years deep, the most recent figure standing at -$61.2 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 94.47% year-over-year to -$61.2 million; the TTM figure through Mar 2026 stood at $424.4 million (up 35.68% YoY), while the FY2025 annual figure was $454.1 million, up 48.53% from the prior year.
- Free Cash Flow was -$61.2 million for Q1 2026 at Ardent Health, down from $335.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $335.0 million in Q4 2025 to a low of -$61.2 million in Q1 2026.
- Historically, Free Cash Flow has averaged $70.2 million across 4 years, with a median of $89.1 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow jumped 304.23% in 2024, then slumped 94.47% in 2026.
- A 4-year view of Free Cash Flow shows it stood at -$56.7 million in 2023, then soared by 304.23% to $115.8 million in 2024, then jumped by 189.17% to $335.0 million in 2025, then slumped by 118.26% to -$61.2 million in 2026.
- The last three Free Cash Flow figures came in at -$61.2 million (Q1 2026), $335.0 million (Q4 2025), and $39.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 895.00 Mn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 1.46 Bn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 218.81 Mn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 150.70 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 90.18 Mn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 184.47 Mn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 1.65 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 71.10 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 149.82 Mn |
| 10 | Ardent Health | 1.27 Bn | 652.29 Mn | 1.44 Bn | -61.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -61.16 Mn |
| Mar 31, 2026 | -61.16 Mn |
| Dec 31, 2025 | 334.98 Mn |
| Dec 31, 2025 | 334.98 Mn |
| Sep 30, 2025 | 39.74 Mn |
| Sep 30, 2025 | 39.74 Mn |
| Jun 30, 2025 | 110.88 Mn |
| Jun 30, 2025 | 110.88 Mn |
| Mar 31, 2025 | -31.45 Mn |
| Mar 31, 2025 | -31.45 Mn |
| Dec 31, 2024 | 115.84 Mn |
| Dec 31, 2024 | 115.84 Mn |
| Sep 30, 2024 | 89.09 Mn |
| Sep 30, 2024 | 89.09 Mn |
| Jun 30, 2024 | 139.35 Mn |
| Jun 30, 2024 | 139.35 Mn |
| Mar 31, 2024 | -38.53 Mn |
| Mar 31, 2024 | -38.53 Mn |
| Dec 31, 2023 | -56.72 Mn |
| Dec 31, 2023 | -56.72 Mn |