Ardent Health Partners (ARDT) financial statements
Ardent Health Partners reported revenue of $6.3B in fiscal 2025, up 7.2% a year over 3 years.
Net income was $136M and the operating margin 4.5%, against 6.1% in 2022.
The diluted share count rose 12% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Ardent Health Partners's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $5.1B | $5.4B | $6.0B | $6.3B |
| Selling, general and admin | $75M | $115M | $132M | $141M |
| Operating income | $311M | $152M | $363M | $286M |
| Pre-tax income | $311M | $152M | $363M | $286M |
| Income tax | $46M | $23M | $63M | $56M |
| Net income | $189M | $54M | $210M | $136M |
| EPS (diluted) | $1.50 | $0.43 | $1.58 | $0.96 |
| Diluted shares | 126M | 126M | 133M | 141M |
| Operating margin | 6.1% | 2.8% | 6.1% | 4.5% |
| Net margin | 3.7% | 1.0% | 3.5% | 2.1% |
Balance sheet
Fiscal years, from Ardent Health Partners's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $456M | $438M | $557M | $710M |
| Receivables | — | $775M | $743M | $686M |
| Inventory | — | $105M | $115M | $119M |
| Total current assets | — | $1.6B | $1.8B | $2.1B |
| Property, plant and equipment | — | $811M | $862M | $936M |
| Goodwill | $845M | $845M | $852M | $879M |
| Total assets | — | $4.7B | $5.0B | $5.3B |
| Total current liabilities | — | $994M | $945M | $1.0B |
| Long-term debt | — | $1.2B | $1.1B | $1.1B |
| Total liabilities | — | $3.6B | $3.4B | $3.6B |
| Shareholders' equity | $1.0B | $671M | $1.1B | $1.3B |
| Net debt | -$456M | $749M | $538M | $390M |
Cash flow
Fiscal years, from Ardent Health Partners's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | -$38M | $222M | $315M | $471M |
| Dividends paid | $175M | $0 | $0 | — |
| Net borrowing | -$16M | -$7M | -$105M | -$8M |
| Dividends per share | $1.39 | — | — | — |
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What was Ardent Health Partners's revenue in 2025?
$6.3B in fiscal 2025, from its 10-K filing.
From Ardent Health Partners's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.