Ardent Health (ARDT) Operating Leases (2023 - 2026)

Ardent Health (ARDT) recorded quarterly Operating Leases of $9.3 million in Q1 2026, down 96.44% quarter-over-quarter from $260.6 million in Q4 2025, and down 98.99% on a YoY basis from $915.8 million in Q1 2025.

Ardent Health (ARDT) Operating Leases (2023 - 2026) Analysis & Trends

Ardent Health's Operating Leases history runs 4 years deep, the most recent figure standing at $9.3 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 98.99% year-over-year to $9.3 million; the TTM figure through Mar 2026 stood at $9.3 million (down 98.99% YoY), while the FY2025 annual figure was $260.6 million, down 78.43% from the prior year.
  • Operating Leases was $9.3 million for Q1 2026 at Ardent Health, down from $260.6 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.2 billion in Q4 2023 to a low of $9.3 million in Q1 2026.
  • Historically, Operating Leases has averaged $567.1 million across 4 years, with a median of $260.6 million in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Leases surged 288.6% in 2025, then plunged 98.99% in 2026.
  • A 4-year view of Operating Leases shows it stood at $1.2 billion in 2023, then declined by 1.9% to $1.2 billion in 2024, then sank by 78.43% to $260.6 million in 2025, then tumbled by 96.44% to $9.3 million in 2026.
  • The last three Operating Leases figures came in at $9.3 million (Q1 2026), $260.6 million (Q4 2025), and $908.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn
10 Ardent Health 1.27 Bn 652.29 Mn 1.44 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.28 Mn
Dec 31, 2025 260.60 Mn
Sep 30, 2025 908.48 Mn
Jun 30, 2025 105.92 Mn
Mar 31, 2025 915.84 Mn
Dec 31, 2024 1.21 Bn
Sep 30, 2024 233.79 Mn
Jun 30, 2024 230.05 Mn
Dec 31, 2023 1.23 Bn