ARDT Research | Milton Maxwell

ARDT

Ardent Health, Inc.

8.93

+0.03+0.34%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

1.28B

P/E (TTM)

6.03

Basic EPS (TTM)

1.48

Dividend Yield

Recent Filings

8-K

11/18/25Nov 18, 2025

8-K

11/12/25Nov 12, 2025

10-Q

Q2 FY2025 results

8/6/25Aug 6, 2025

Ardent Health's Q2 revenue climbed 11.9% year-over-year to $1.65B, fueled by 10.2% higher net patient service revenue per adjusted admission from supplemental programs and reimbursement gains, while adjusted admissions edged up 1.6% on 6.6% admission growth. Operating income hit $122.0M, up sharply from $82.2M last year, with margins expanding to 7.4% thanks to controlled costs despite rising professional fees. Diluted EPS of $0.52 matched basic, reconciling cleanly with 141.5M shares and no anti-dilution flags. Cash stood at $540.6M with $835.0M liquidity; free cash flow (derived) was $23.6M after $69.1M capex. Urgent care clinics closed January 2025 for $27.5M cash, adding goodwill. Yet regulatory shifts in Medicaid funding pose reimbursement risks.

8-K

Q2 revenue up 11.9%

8/5/25Aug 5, 2025

Ardent Health posted Q2 revenue of $1.65 billion, up 11.9% year-over-year, with Adjusted EBITDA surging 38.9% to $170 million amid 6.6% admissions growth and 10.2% rise in net patient service revenue per adjusted admission. The New Mexico DPP renewal bolsters Medicaid support, while virtual nursing and AI tools enhance efficiency despite payor denials. Leverage improved to 2.7x. Five urgent care and two imaging centers open by year-end. Guidance reaffirmed at $6.2-6.45 billion revenue.

8-K

Schultz exits hospital ops role

6/20/25Jun 20, 2025

Ardent Health, Inc. announced on June 16, 2025, that David Schultz stepped down as President, Hospital Operations, effective immediately, treated as a Qualifying Termination under the Executive Severance Plan. He qualifies for severance and benefits, detailed in prior SEC filings. This abrupt exit signals potential shifts in hospital leadership. Yet, details on a successor remain undisclosed.

About

Ardent Health, Inc. owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States. The company offers general and specialty services, including internal medicine, general surgery, cardiology, oncology, orthopedics, women's services, neurology, urology, and emergency services within inpatient and ambulatory care settings. It also operates a network of ambulatory facilities and telehealth services, including primary care and specialty care clinics, ambulatory surgery centers, urgent care centers, free-standing emergency departments, and diagnostic imaging centers. It operates acute care hospitals, including rehabilitation hospitals and surgical hospitals. Ardent Health, Inc. was formerly known as Ardent Health Partners, Inc. and changed its name to Ardent Health, Inc. in June 2025. The company was founded in 2001 and is based in Brentwood, Tennessee. Ardent Health, Inc. is a subsidiary of EGI-AM Investments, L.L.C.

CEO

Mr. Martin J. Bonick FACHE, M.H.A.

IPO

7/18/2024

Website

https://www.ardenthealth.com

Employees

19,200

Sector

Healthcare

Industry

Medical Care Facilities