Ardent Health (ARDT) Free Cash Flow (2023 - 2026)
Ardent Health (ARDT) reported Free Cash Flow of $158.06 million for Q2 2026, up 121.7% from $71.29 million a year earlier.
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Analysis
Ardent Health (ARDT) Free Cash Flow (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ardent Health's Free Cash Flow came in at $304.76 million, up 181.8% year-over-year; for FY2025, it was $258.61 million, up 102.8% from FY2024.
- By year, Free Cash Flow came in at $127.52 million in FY2024 (+51.3%), $84.29 million in FY2023 and -$189.47 million in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow in data going back to Q3 2023.
- Year over year, Free Cash Flow gained in four of the last six quarters, with growth averaging 122.3%.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$88.31 million (Q1 2026), $139.44 million (Q4 2025) and $95.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 1.10 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -8.64 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 459.00 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 313.90 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -69.54 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 417.00 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | -13.65 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 62.30 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 14.88 Mn |
| 10 | Ardent Health | 1.46 Bn | -793.18 Mn | - | 158.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 158.06 Mn |
| Mar 31, 2026 | -88.31 Mn |
| Dec 31, 2025 | 139.44 Mn |
| Sep 30, 2025 | 95.57 Mn |
| Jun 30, 2025 | 71.29 Mn |
| Mar 31, 2025 | -47.70 Mn |
| Dec 31, 2024 | 38.30 Mn |
| Sep 30, 2024 | 46.24 Mn |
| Jun 30, 2024 | 81.51 Mn |
| Mar 31, 2024 | -38.53 Mn |
| Dec 31, 2023 | 10.05 Mn |
| Sep 30, 2023 | 63.64 Mn |
API Access
Ardent Health Free Cash Flow 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=free-cash-flow&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();