Skip to content
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin97.5%-0.1pp97.5%0.0pp97.6%+0.1pp97.6%+0.1pp97.6%+0.1pp
Net margin2.1%-1.6pp2.1%-1.4pp3.2%+1.6pp4.1%+2.5pp3.7%+2.3pp
EBITDA margin7.8%-2.0pp7.9%-1.8pp9%+1.7pp10.1%+2.8pp9.8%
Free cash flow margin3.4%+1.4pp4.1%+2.0pp2.5%+0.7pp1.7%-0.3pp2%
Returns
Return on equity10.7%-9.0pp11.2%-12.1pp18.3%+9.1pp25.6%+15.5pp19.7%+12.2pp
Return on assets2.6%2.7%-1.7pp4.1%5.3%
Return on invested capital14.6%9.4%-6.7pp20.5%22.8%
Efficiency
Asset turnover1.3×1.2×0.0×1.3×1.3×
Inventory turnover1.4×-1.1×1.3×0.0×1.3×1.3×2.4×
Liquidity
Current ratio2.1×0.0×0.0×2.1×+0.2×2.1×+0.5×2.1×
Quick ratio0.0×1.9×0.0×1.9×+0.2×+0.5×
Cash ratio0.6×0.0×0.7×+0.1×0.6×0.0×0.6×+0.2×0.6×
Leverage
Debt-to-equity0.9×-0.1×1.8×-0.2×0.9×-0.2×0.9×-0.6×
Debt-to-assets0.2×0.0×0.4×0.0×0.2×0.0×0.2×0.0×0.2×
Net debt / EBITDA1.1×0.0×3.3×+0.3×-0.4×-0.9×1.1×
Interest coverage6.4×-0.9×6.2×-0.3×7.4×+3.5×8.4×+4.8×7.3×+3.9×
Per Share
Book value per share$9.43+12.9%$9.11+6.8%$8.77+19.9%$8.87+51.1%$8.35-5.1%
Valuation
Market capitalization$1.35B-27.8%$1.26B-48.1%$1.9B$1.89B$1.96B
Enterprise value$1.91B-24.3%$2.92B-30.4%$2.44B$2.5B$2.62B
Price / earnings10×+1.7×9.3×-2.3×9.2×7.4×8.7×
Price / sales0.2×-0.1×0.2×-0.2×0.3×0.3×0.3×
Price / book-0.6×-1.2×1.5×1.5×1.7×
EV / EBITDA3.8×-0.5×5.9×-1.4×4.3×4.5×
EV / sales0.3×-0.1×0.5×-0.2×0.4×0.4×0.4×
Free cash flow yield16.2%+9.8pp20.5%+15.2pp8.3%5.7%6%
Earnings yield10%-2.1pp10.7%+2.1pp10.8%13.5%11.4%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do Ardent Health Partners's ratios come from?
Every ratio is computed from Ardent Health Partners's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.