Ardent Health Cash Flow 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
Net Income	229.66	230.14	299.71	128.98	265.37	244.58
Depreciation & Amortization	162.49	155.7	146.29	140.84	138.17	137.2
Stock-Based Compensation	38.96	39.29	17.98	0.9	0.61	0.55
Other Adjustments	39.94	48.72	32.8	7.29	-116.86	25.71
Change in Receivables	89.9	59.16	40	-181.1	-17.18	-96.47
Changes in Inventories	0.8	-3.15	-9.41	1.67	4.67	-5.73
Changes in Accounts Payable	94.56	62.06	-103.86	136.82	14.42	109.35
Changes in Accrued Expenses	16.04	0.69	27.52	22.91	-18.89	10.58
Changes in Other Operating Activities	-237.27	-122.09	-136.01	-36.61	-308.67	-278.86
Operating Cash Flow	435.08	470.51	315.03	221.7	-38.36	146.91
Operating Cash Flow Growth	42.68%	49.36%	42.10%	-	-	-7.94%
Capital Expenditures	-217.08	-211.9	-187.51	-137.41	-151.11	-139
Sale of Property, Plant & Equipment	-	-	-	-	-	3.56
Payments for Business Acquisitions	-2.5	-2.5	-35.54	-	-	-2.93
Proceeds from Business Divestments	-	-	4.3	-	206.37	0.65
Other Investing Activities	0.58	0.18	-1.71	-0.58	-8.69	1.47
Investing Cash Flow	-219.01	-214.23	-220.46	-137.98	46.58	-136.26
Short-Term Debt Issued	21.68	15.61	10.8	149.75	4.34	3.36
Short-Term Debt Repaid	-14.79	-15.04	-10.44	-147.88	-3.79	-3.51
Net Short-Term Debt Issued (Repaid)	6.9	0.57	0.35	1.87	0.55	-0.16
Long-Term Debt Issued	-	-	3.6	6.62	204.88	1,196
Long-Term Debt Repaid	-10.24	-7.99	-108.37	-13.65	-219.34	-1,280
Net Long-Term Debt Issued (Repaid)	-10.24	-7.99	-104.77	-7.03	-14.46	-84.45
Issuance of Common Stock	-	-	208.66	-	-	-
Net Common Stock Issued (Repurchased)	-	-	208.66	-	-	-
Common Dividends Paid	-	-	-	-	-174.81	-62.13
Other Financing Activities	-98.07	-96.04	-79.6	-97.11	-81.61	-137.17
Financing Cash Flow	-101.42	-103.47	24.64	-102.26	-270.33	-283.91
Net Cash Flow	114.65	152.82	119.21	-18.55	-262.11	-273.26
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%	-	-	-
FCF Margin	3.39%	4.09%	2.14%	1.56%	-3.69%	0.16%
Free Cash Flow Per Share	1.54	1.83	0.96	0.67	-1.50	0.02
Levered Free Cash Flow	-49.54	9.69	-157.05	176.97	-146.41	-96.81
Unlevered Free Cash Flow	91.36	142.96	71.99	319.04	-136.5	194.4

SEC Filings: 10-K · 10-Q