Ardent Health Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6,429	6,324	5,966	5,409	5,130	4,870
Revenue Growth (YoY)	6.72%	6.00%	10.29%	5.45%	5.32%	17.02%
Cost of Revenue	4,983	4,933	4,665	4,358	4,103	3,839
Gross Profit	1,446	1,391	1,301	1,052	1,027	1,031
Selling, General & Admin	262.45	262.49	252.81	243.32	223.7	220.21
Depreciation & Amortization Expenses	162.49	155.7	146.29	140.84	138.17	137.2
Other Operating Expenses	681.69	647.31	496.22	443.27	447.64	236.97
Total Operating Expenses	1,107	1,066	895.31	827.44	809.52	594.39
Operating Income	339.41	325.58	405.76	224.31	217.03	436.56
Interest Expense	-53.24	-55.2	-65.58	-74.31	-82.05	-93.83
Other Non-Operating Income (Expense)	0.58	15.98	22.88	1.61	176.5	-46.84
Total Non-Operating Income (Expense)	-52.65	-39.23	-42.7	-72.69	94.45	-140.68
Pretax Income	286.75	286.36	363.06	151.61	311.48	295.89
Provision for Income Taxes	57.09	56.22	63.35	22.64	46.11	51.31
Net Income	134.28	135.81	210.34	53.9	188.91	154.26
Minority Interest in Earnings	95.38	94.32	89.37	75.07	76.46	90.32
Net Income to Common	134.28	135.81	210.34	53.9	188.91	154.26
Net Income Growth	-40.24%	-35.43%	290.22%	-71.47%	22.46%	-
Shares Outstanding (Basic)	141	141	132	126	126	481
Shares Outstanding (Diluted)	142	141	133	126	126	481
Shares Change (YoY)	3.93%	6.56%	5.26%	-	-73.80%	1.59%
EPS (Basic)	0.95	0.96	1.59	0.43	1.50	0.32
EPS (Diluted)	0.95	0.96	1.58	0.43	1.50	0.32
EPS Growth	-41.72%	-39.24%	267.44%	-71.33%	368.05%	-
Shares Outstanding	142.9	142.86	142.75	484.92	482.73	481.33
Free Cash Flow	217.99	258.61	127.52	84.29	-189.47	7.91
Free Cash Flow Growth	-15.71%	102.80%	51.29%	-	-	-
Free Cash Flow Per Share	1.54	1.83	0.96	0.67	-1.50	0.02
Gross Margin	22.49%	22.00%	21.81%	19.44%	20.01%	21.17%
Operating Margin	5.28%	5.15%	6.80%	4.15%	4.23%	8.96%
Profit Margin	3.57%	3.64%	5.02%	2.38%	5.17%	5.02%
FCF Margin	3.39%	4.09%	2.14%	1.56%	-3.69%	0.16%
EBITDA	501.89	481.29	552.05	365.15	355.2	573.77
EBITDA Margin	7.81%	7.61%	9.25%	6.75%	6.92%	11.78%
EBIT	339.41	325.58	405.76	224.31	217.03	436.56
EBIT Margin	5.28%	5.15%	6.80%	4.15%	4.23%	8.96%
Effective Tax Rate	19.91%	19.63%	17.45%	14.93%	14.80%	17.34%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q