Ardent Health (ARDT) Operating Margin (2023 - 2026)
Ardent Health (ARDT) posted quarterly Operating Margin of 5.65% for Q1 2026, down 188.0% year-over-year from 6.42% in Q1 2025, and up 50.99% on a QoQ basis from 11.54% in Q4 2025.
Ardent Health (ARDT) Operating Margin (2023 - 2026) Analysis & Trends
Ardent Health (ARDT) has reported Operating Margin for 4 consecutive years, with 5.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 188.0% year-over-year to 5.65%; the TTM figure through Mar 2026 stood at 8.06% (up 292.0% YoY), while the FY2025 annual figure was 12.59%, down 136.0% from the prior year.
- Operating Margin came in at 5.65% for Q1 2026 at Ardent Health, up from 11.54% in the prior quarter.
- The five-year high for Operating Margin was 22.35% in Q4 2023, with the low at 31.81% in Q4 2024.
- Average Operating Margin over 4 years is 6.24%, with a median of 4.92% recorded in 2024.
- Across the five-year window, Operating Margin slumped 5416 bps in 2024 and surged 2028 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 22.35% in 2023, then tumbled by 242 bps to 31.81% in 2024, then jumped by 64 bps to 11.54% in 2025, then surged by 51 bps to 5.65% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.65%, 11.54%, and 12.74% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -2.96% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 12.86% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 24.14% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 14.11% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 3.76% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 8.99% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 11.19% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 8.45% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 17.01% |
| 10 | Ardent Health | 1.43 Bn | 814.74 Mn | 1.44 Bn | -5.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.65% |
| Dec 31, 2025 | -11.54% |
| Sep 30, 2025 | -12.74% |
| Jun 30, 2025 | -2.53% |
| Mar 31, 2025 | -3.78% |
| Dec 31, 2024 | -31.81% |
| Sep 30, 2024 | -4.18% |
| Jun 30, 2024 | -2.25% |
| Mar 31, 2024 | -13.98% |
| Dec 31, 2023 | 22.35% |
| Sep 30, 2023 | -5.71% |
| Jun 30, 2023 | -3.00% |