Ardent Health (ARDT) Invested Capital (2023 - 2026)
Ardent Health (ARDT) posted Invested Capital of $2.85 billion for Q2 2026, up 3.3% from $2.76 billion a year earlier and up 0.1% from the prior quarter.
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Analysis
Ardent Health (ARDT) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, Ardent Health's Invested Capital came in at $2.79 billion, up 6.5% from FY2024.
- In prior years, Ardent Health's Invested Capital was $2.62 billion in FY2024 (+15.7%) and $2.26 billion in FY2023.
- The Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q4 2023.
- On a year-over-year basis, Invested Capital has increased in each of the last five quarters, with growth averaging 10.8% over the last six quarters.
- According to Business Quant data, Invested Capital for the three prior quarters was $2.85 billion (Q1 2026), $2.79 billion (Q4 2025) and $2.74 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 92.33 Bn | 91.77 Bn | - | 43.08 Bn |
| 2 | Natera | 58.66 Bn | 54.34 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 25.51 Bn | 23.94 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 24.64 Bn | 22.41 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Guardant Health | 23.35 Bn | 19.41 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.47 Bn | 11.62 Bn | - | 19.81 Bn |
| 7 | Tempus AI | 13.40 Bn | 10.43 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 11.75 Bn | 12.21 Bn | - | 6.04 Bn |
| 9 | BrightSpring Health Services | 11.31 Bn | 9.65 Bn | 492.75 Mn | 4.24 Bn |
| 10 | Ardent Health | 1.46 Bn | -801.69 Mn | - | 2.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.85 Bn |
| Mar 31, 2026 | 2.85 Bn |
| Dec 31, 2025 | 2.79 Bn |
| Sep 30, 2025 | 2.74 Bn |
| Jun 30, 2025 | 2.76 Bn |
| Mar 31, 2025 | 2.67 Bn |
| Dec 31, 2024 | 2.62 Bn |
| Sep 30, 2024 | 2.48 Bn |
| Jun 30, 2024 | 2.25 Bn |
| Dec 31, 2023 | 2.26 Bn |
API Access
Ardent Health Invested Capital 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=invested-capital&ticker=ARDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ARDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();