Ardent Health (ARDT) Net Margin (2023 - 2026)
Ardent Health (ARDT) recorded quarterly Net Margin of 3.65% in Q1 2026, down 21.07% quarter-over-quarter from 4.63% in Q4 2025, and down 29.0% on a YoY basis from 5.14% in Q1 2025.
Ardent Health (ARDT) Net Margin (2023 - 2026) Analysis & Trends
Ardent Health's Net Margin history runs 4 years deep, the most recent figure standing at 3.65% for Q1 2026.
- In Q1 2026, Net Margin fell 29.0% year-over-year to 3.65%; the TTM figure through Mar 2026 stood at 3.57% (down 162.0% YoY), while the FY2025 annual figure was 3.64%, down 138.0% from the prior year.
- Net Margin was 3.65% for Q1 2026 at Ardent Health, down from 4.63% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 8.77% in Q4 2024 to a low of 0.08% in Q3 2025.
- Historically, Net Margin has averaged 3.79% across 4 years, with a median of 3.8% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 797 bps in 2024, then plunged 415 bps in 2025.
- A 4-year view of Net Margin shows it stood at 0.8% in 2023, then surged by 994 bps to 8.77% in 2024, then slumped by 47 bps to 4.63% in 2025, then decreased by 21 bps to 3.65% in 2026.
- The last three Net Margin figures came in at 3.65% (Q1 2026), 4.63% (Q4 2025), and 0.08% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 300.60% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 5.68% |
| 10 | Ardent Health | 1.27 Bn | 652.29 Mn | 1.44 Bn | 3.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.65% |
| Dec 31, 2025 | 4.63% |
| Sep 30, 2025 | 0.08% |
| Jun 30, 2025 | 5.82% |
| Mar 31, 2025 | 3.94% |
| Dec 31, 2024 | 8.77% |
| Sep 30, 2024 | 3.17% |
| Jun 30, 2024 | 4.55% |
| Mar 31, 2024 | 3.19% |
| Dec 31, 2023 | 0.80% |
| Sep 30, 2023 | 2.81% |
| Jun 30, 2023 | 4.07% |