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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$1.66B+2.7%
Enterprise value$2.22B-0.5%
P/E12.4×+6.0×
P/S0.3×0.0×

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:DepreciationDepletionAndAmortization.

The source filing: Ardent Health Partners’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-031299
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Cash flows from operating activities:
Net income$58,488$58,965
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization42,98636,201
Other non-operating (gains) losses(1,886)217
Amortization of deferred financing costs and debt discounts8111,237
Deferred income taxes(429)(1,940)
Equity-based compensation8,9299,263

Item 6. [Exhibits](#ia6f10f802308479b8bc8bad2facfb7e9_217) [38](#ia6f10f802308479b8bc8bad2facfb7e9_217)

FAQ

What is Ardent Health Partners's D&A?
Ardent Health Partners (ARDT) reported D&A of $42.99M in Q1 2026.
How has Ardent Health Partners's D&A changed year-over-year?
Ardent Health Partners's D&A increased by 18.7% year-over-year, from $36.2M to $42.99M.
What is the long-term trend for Ardent Health Partners's D&A?
Over 2 years (2022 to 2025), Ardent Health Partners's D&A has grown at a 6.2% compound annual growth rate (CAGR), from $138.17M to $155.7M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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