Ardent Health Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,324	5,966	5,409	5,130	4,870
Revenue Growth (YoY)	6.00%	10.29%	5.45%	5.32%	17.02%
Cost of Revenue	4,933	4,665	4,358	4,103	3,839
Gross Profit	1,391	1,301	1,052	1,027	1,031
Selling, General & Admin	262.49	252.81	243.32	223.7	220.21
Depreciation & Amortization Expenses	155.7	146.29	140.84	138.17	137.2
Other Operating Expenses	647.31	496.22	443.27	447.64	236.97
Total Operating Expenses	1,066	895.31	827.44	809.52	594.39
Operating Income	325.58	405.76	224.31	217.03	436.56
Interest Expense	-55.2	-65.58	-74.31	-82.05	-93.83
Other Non-Operating Income (Expense)	15.98	22.88	1.61	176.5	-46.84
Total Non-Operating Income (Expense)	-39.23	-42.7	-72.69	94.45	-140.68
Pretax Income	286.36	363.06	151.61	311.48	295.89
Provision for Income Taxes	56.22	63.35	22.64	46.11	51.31
Net Income	135.81	210.34	53.9	188.91	154.26
Minority Interest in Earnings	94.32	89.37	75.07	76.46	90.32
Net Income to Common	135.81	210.34	53.9	188.91	154.26
Net Income Growth	-35.43%	290.22%	-71.47%	22.46%	-
Shares Outstanding (Basic)	141	132	126	126	481
Shares Outstanding (Diluted)	141	133	126	126	481
Shares Change (YoY)	6.56%	5.26%	-	-73.80%	1.59%
EPS (Basic)	0.96	1.59	0.43	1.50	0.32
EPS (Diluted)	0.96	1.58	0.43	1.50	0.32
EPS Growth	-39.24%	267.44%	-71.33%	368.05%	-
Free Cash Flow	258.61	127.52	84.29	-189.47	7.91
Free Cash Flow Growth	102.80%	51.29%	-	-	-
Free Cash Flow Per Share	1.83	0.96	0.67	-1.50	-
Gross Margin	22.00%	21.81%	19.44%	20.01%	21.17%
Operating Margin	5.15%	6.80%	4.15%	4.23%	8.96%
Profit Margin	3.64%	5.02%	2.38%	5.17%	5.02%
FCF Margin	4.09%	2.14%	1.56%	-3.69%	0.16%
EBITDA	481.29	552.05	365.15	355.2	573.77
EBITDA Margin	7.61%	9.25%	6.75%	6.92%	11.78%
EBIT	325.58	405.76	224.31	217.03	436.56
EBIT Margin	5.15%	6.80%	4.15%	4.23%	8.96%
Effective Tax Rate	19.63%	17.45%	14.93%	14.80%	17.34%

Updated Mar 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q