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Ardent Health Partners ARDT Business Segments — Contract labor

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Other financials

Income statement

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Revenue$1.6B+7.0%
Gross profit$1.6B+6.7%
Net income$39.9M-3.7%
EPS (diluted)$0.28-3.4%

Balance sheet

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Cash & equivalents$609.7M+23.2%
Total debt$1.2B+1.7%
Total equity$1.3B+13.8%
Total assets$5.3B+7.0%

Cash flow

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Operating cash flow-$60.2M-143%
CapEx$28.1M+22.6%
Free cash flow-$88.3M-85.2%

Valuation

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Market cap$1.35B-27.8%
Enterprise value$1.91B-24.3%
P/E10×+1.7×
P/S0.2×-0.1×

Profitability

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Gross margin97.5%-0.1pp
Net margin2.1%-1.6pp
FCF margin3.4%+1.4pp

Returns & leverage

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Return on equity10.7%-9.0pp
Debt / equity0.9×-0.1×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Ardent Health Partners in its filing.

Tagged under the XBRL concept us-gaap:OtherLaborRelatedExpenses.

The official record: Ardent Health Partners’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ardent Health Partners's business segments — contract labor?
Ardent Health Partners (ARDT) reported business segments — contract labor of $14.54M in Q1 2026.
How has Ardent Health Partners's business segments — contract labor changed year-over-year?
Ardent Health Partners's business segments — contract labor decreased by 41.4% year-over-year, from $24.81M to $14.54M.
What is the long-term trend for Ardent Health Partners's business segments — contract labor?
Over 3 years (2022 to 2025), Ardent Health Partners's business segments — contract labor has grown at a -25.1% compound annual growth rate (CAGR), from $217.06M to $91.33M.
What does business segments — contract labor mean?
Reflects the costs associated with temporary or agency clinical staff hired to supplement permanent personnel during periods of high demand or staffing shortages. Monitoring this expense helps assess the company's reliance on premium-priced external labor versus internal workforce stability.