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