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TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '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
Returns
Return on equity10.7%-9.0pp11.2%-12.1pp18.3%+9.1pp25.6%19.7%
Return on invested capital14.6%
Efficiency
Asset turnover1.3×
Liquidity
Current ratio2.1×0.0×2.1×2.1×2.1×
Leverage
Debt-to-equity0.9×-0.1×1.8×0.9×0.9×
Net debt / EBITDA1.1×0.0×3.3×1.1×
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$1.9B
Price / earnings10×+1.7×9.3×9.2×
Price / sales0.2×-0.1×0.2×0.3×
Price / book-0.6×1.5×
EV / EBITDA3.8×-0.5×5.9×4.3×

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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.