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

Ardent Health (ARDT) posted quarterly Gross Margin of 89.69% for Q1 2026, down 158.0% year-over-year from 154.64% in Q1 2025, and up 8.44% on a QoQ basis from 82.71% in Q4 2025.

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

Ardent Health (ARDT) has reported Gross Margin for 4 consecutive years, with 89.69% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 158.0% year-over-year to 89.69%; the TTM figure through Mar 2026 stood at 87.48% (up 477.0% YoY), while the FY2025 annual figure was 82.88%, up 19.0% from the prior year.
  • Gross Margin came in at 89.69% for Q1 2026 at Ardent Health, up from 82.71% in the prior quarter.
  • The five-year high for Gross Margin was 121.69% in Q4 2023, with the low at 57.77% in Q4 2024.
  • Average Gross Margin over 4 years is 89.14%, with a median of 90.5% recorded in 2023.
  • Across the five-year window, Gross Margin sank 6392 bps in 2024 and jumped 2494 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 121.69% in 2023, then sank by 53 bps to 57.77% in 2024, then surged by 43 bps to 82.71% in 2025, then climbed by 8 bps to 89.69% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 89.69%, 82.71%, and 87.4% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 85.07%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 32.82%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 82.10%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 31.42%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 84.75%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 21.12%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 71.44%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 24.35%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 74.36%
10 Ardent Health 1.43 Bn 814.74 Mn 1.44 Bn 89.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 89.69%
Dec 31, 2025 82.71%
Sep 30, 2025 87.40%
Jun 30, 2025 90.05%
Mar 31, 2025 91.27%
Dec 31, 2024 57.77%
Sep 30, 2024 91.88%
Jun 30, 2024 92.16%
Mar 31, 2024 82.09%
Dec 31, 2023 121.69%
Sep 30, 2023 90.95%
Jun 30, 2023 92.05%