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Companies / Health Care / Ardent Health, Inc.
ARDT

Ardent Health, Inc.

Health CareHealth Services
Ticker ARDTBRENTWOOD, TNFiscal year ends DecemberBook value per share $9.82Diluted shares 142.2M

Ardent Health, Inc. (NYSE: ARDT) is a U.S. healthcare provider operating acute care hospitals, physician practices, ambulatory facilities and virtual care services in eight mid-sized urban markets across Texas, Oklahoma, New Mexico, New Jersey, Idaho and Kansas. Its services include internal medicine, surgery,… From the company’s description.

Over the twelve months to Sep 30, 2026, Ardent Health, Inc. reported revenue of $6.45B, up 2.0% from a year earlier, and net income of $230.83M. Its operating margin was 4.2%, and operations generated $481.88M in cash. In fiscal 2025, it reported revenue of $6.32B, up 6.0% from fiscal 2024, and net income of $230.13M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$6.32BFY2025
+6.0% year over year
Last 12 mo $6.45B
4.28%FY2025
−1.4 percentage points
Last 12 mo 4.16%
$230.13MFY2025
−23.2% year over year
Last 12 mo $230.83M
10.55%FY2025
−8 percentage points
Last 12 mo 10.47%
Cash & financing
$470.51MFY2025
+49.4% year over year
Last 12 mo $481.88M
$258.61MFY2025
+102.8% year over year
Last 12 mo $282.30M
0.85FY2025
Was 0.97× a year earlier
Last 12 mo 0.79
141.5MFY2025
+6.6% year over year
Last 12 mo 142.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ardent Health, Inc. does

In the company’s own words

Ardent Health, Inc. (NYSE: ARDT) is a U.S. healthcare provider operating acute care hospitals, physician practices, ambulatory facilities and virtual care services in eight mid-sized urban markets across Texas, Oklahoma, New Mexico, New Jersey, Idaho and Kansas. Its services include internal medicine, surgery, cardiology, oncology, orthopedics, women’s services, neurology, urology and emergency care for patients in inpatient and outpatient settings. As of December 31, 2025, Ardent operates 30 hospitals and 286 other sites of care, with more than 2,000 employed or affiliated providers. During 2025, it served approximately 1.2 million unique patients, who made more than 6.1 million visits to its providers. Ardent operates through regional health systems, including UT Health East Texas, Hillcrest HealthCare System, Lovelace Health System, Hackensack Meridian Medical Centers, BSA Health System, Portneuf Medical Center, UKHS St. Francis Medical Center and Seton Medical Center Harker Heights. Eighteen hospitals operate through joint ventures with academic medical centers, not-for-profit health systems, physicians or other partners; Ardent generally holds majority ownership and manages day-to-day operations.

Company details
Sector
Health Care
Industry (SIC)
Health Services
Headquarters
BRENTWOOD, TN
Fiscal year end
December
CIK
1756655
SIC
8062

Financial performance, year by year

Fiscal 2024–2025 · USD
$-645.41M$1.29B$3.23B$5.16B$7.10B20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ardent Health, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

134
funds hold it
0 of 35
superinvestors hold it
$69.89M
held by funds, at market
5.1%
of shares held by funds

Largest fund holders · Ardent Health, Inc.’s weight in each

Columbia Small Cap Value Discovery Fund
CSMIX · COLUMBIA FUNDS SERIES TRUST I
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
0.23%of fund net assets
Columbia Small Cap Value and Inflection Fund
COVAX · COLUMBIA FUNDS SERIES TRUST
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Ardent Health, Inc. and its peers compare on margins and cash generation over ten years?”
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