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

Ardent Health (ARDT) posted quarterly Gross Margin of 83.24% for Q1 2026, up 52.0% year-over-year from 54.76% in Q1 2025, and up 0.64% quarter-over-quarter from 82.71% in Q4 2025.

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

Ardent Health's Gross Margin history runs 4 years deep, the most recent figure standing at 83.24% for Q1 2026.

  • In Q1 2026, Gross Margin rose 52.0% year-over-year to 83.24%; the TTM figure through Mar 2026 stood at 84.21% (down 289.0% YoY), while the FY2025 annual figure was 82.88%, down 881.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 83.24%, up from 82.71% in the prior quarter.
  • The five-year high for Gross Margin was 92.05% in Q2 2023, with the low at 51.61% in Q4 2023.
  • The 4-year median for Gross Margin is 83.39% (2025), against an average of 83.51%.
  • Peak annual rise in Gross Margin reached 3959 bps in 2024, while the deepest fall reached 968 bps in 2024.
  • Ardent Health's Gross Margin stood at 51.61% in 2023, then soared by 77 bps to 91.2% in 2024, then decreased by 9 bps to 82.71% in 2025, then grew by 1 bps to 83.24% in 2026.
  • Business Quant data shows ARDT's Gross Margin at 83.24% in Q1 2026, 82.71% in Q4 2025, and 87.4% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn 75.07%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 79.14%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 84.04%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 32.70%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 21.26%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 70.85%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 23.70%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 32.90%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 31.70%
10 Ardent Health 1.55 Bn 1.22 Bn 1.34 Bn 82.76%

Historic Data

Download Data
DateValue
Jun 30, 2026 82.76%
Mar 31, 2026 83.24%
Dec 31, 2025 82.71%
Sep 30, 2025 87.40%
Jun 30, 2025 83.55%
Mar 31, 2025 82.71%
Dec 31, 2024 91.20%
Sep 30, 2024 91.88%
Jun 30, 2024 82.37%
Mar 31, 2024 91.53%
Dec 31, 2023 51.61%
Sep 30, 2023 81.89%
Jun 30, 2023 92.05%