Ardent Health, Inc. (ARDT) intrinsic value & 10-year financials

Ardent Health, Inc. (ARDT) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 5 fiscal years revenue grew 7.2% a year to $6.3B, with an average return on invested capital of 11.1%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$11.95
Market cap
$1.7B
Revenue (FY2025)
$6.3B
Revenue growth (5-yr CAGR)
7.2%
ROIC (10-yr avg)
11.1%
Free cash flow (FY2025)
—

ARDT 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $6.3B $135.8M $0.96 — — 8.2%
FY2024 $6.0B $210.3M $1.58 — — 13.7%
FY2023 $5.4B $53.9M $0.43 — — 3.8%
FY2022 $5.1B $188.9M $1.50 — — 18.7%
FY2021 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Ardent Health, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Ardent Health, Inc. returns on capital have been average, hovering around 11.1% ROIC over the decade.

Ardent Health, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Ardent Health, Inc. is modeled at -13.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-15.85 per share.

ARDT stock: frequently asked questions

What is the intrinsic value of Ardent Health, Inc. (ARDT) stock?

Graham's formula only works with positive earnings. Ardent Health, Inc. reported diluted EPS of $0.96 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

What is ARDT's return on invested capital?

Average ROIC over the last 5 fiscal years was 11.1%, and average return on equity was 14.9%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ARDT data come from?

From Ardent Health, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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