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| Date | Value |
|---|---|
| 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% |