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Side-by-side financial comparison of Ardent Health, Inc. (ARDT) and Brookfield Infrastructure Corp (BIPC). Click either name above to swap in a different company.

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $866.0M, roughly 1.9× Brookfield Infrastructure Corp). Ardent Health, Inc. runs the higher net margin — 2.8% vs -35.7%, a 38.5% gap on every dollar of revenue.

Goodlife Health Clubs is a chain of health clubs, with more than 80 locations in Australia.

Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.

ARDT vs BIPC — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.9× larger
ARDT
$1.6B
$866.0M
BIPC
Higher net margin
ARDT
ARDT
38.5% more per $
ARDT
2.8%
-35.7%
BIPC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
ARDT
ARDT
BIPC
BIPC
Revenue
$1.6B
$866.0M
Net Profit
$45.0M
$-309.0M
Gross Margin
65.0%
Operating Margin
5.8%
62.7%
Net Margin
2.8%
-35.7%
Revenue YoY
-4.6%
Net Profit YoY
-148.1%
EPS (diluted)
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARDT
ARDT
BIPC
BIPC
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
$866.0M
Q1 25
$1.5B
Q3 24
$1.4B
Q2 24
$1.5B
$908.0M
Q2 23
$538.0M
Q2 22
$479.0M
Net Profit
ARDT
ARDT
BIPC
BIPC
Q4 25
$45.0M
Q3 25
$-23.5M
Q2 25
$73.0M
$-309.0M
Q1 25
$41.4M
Q3 24
$26.3M
Q2 24
$42.8M
$643.0M
Q2 23
$-154.0M
Q2 22
$842.0M
Gross Margin
ARDT
ARDT
BIPC
BIPC
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q3 24
Q2 24
63.8%
Q2 23
72.3%
Q2 22
72.7%
Operating Margin
ARDT
ARDT
BIPC
BIPC
Q4 25
5.8%
Q3 25
-0.1%
Q2 25
7.4%
62.7%
Q1 25
5.0%
Q3 24
3.9%
Q2 24
5.6%
61.9%
Q2 23
69.1%
Q2 22
69.1%
Net Margin
ARDT
ARDT
BIPC
BIPC
Q4 25
2.8%
Q3 25
-1.5%
Q2 25
4.4%
-35.7%
Q1 25
2.8%
Q3 24
1.8%
Q2 24
2.9%
70.8%
Q2 23
-28.6%
Q2 22
175.8%
EPS (diluted)
ARDT
ARDT
BIPC
BIPC
Q4 25
$0.32
Q3 25
$-0.17
Q2 25
$0.52
Q1 25
$0.29
Q3 24
$0.19
Q2 24
$0.34
Q2 23
Q2 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARDT
ARDT
BIPC
BIPC
Cash + ST InvestmentsLiquidity on hand
$709.6M
$1.2B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$2.2B
Total Assets
$5.3B
$23.9B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
BIPC
BIPC
Q4 25
$709.6M
Q3 25
$609.4M
Q2 25
$540.6M
$1.2B
Q1 25
$495.0M
Q3 24
$563.1M
Q2 24
$334.5M
$466.0M
Q2 23
$356.0M
Q2 22
$512.0M
Total Debt
ARDT
ARDT
BIPC
BIPC
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q2 23
Q2 22
Stockholders' Equity
ARDT
ARDT
BIPC
BIPC
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.3B
$2.2B
Q1 25
$1.2B
Q3 24
$1.0B
Q2 24
$739.9M
$3.5B
Q2 23
$-764.0M
Q2 22
$-1.1B
Total Assets
ARDT
ARDT
BIPC
BIPC
Q4 25
$5.3B
Q3 25
$5.2B
Q2 25
$5.0B
$23.9B
Q1 25
$4.9B
Q3 24
$4.8B
Q2 24
$4.6B
$23.7B
Q2 23
$11.0B
Q2 22
$10.0B
Debt / Equity
ARDT
ARDT
BIPC
BIPC
Q4 25
0.84×
Q3 25
0.88×
Q2 25
0.87×
Q1 25
0.93×
Q3 24
1.08×
Q2 24
1.46×
Q2 23
Q2 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARDT
ARDT
BIPC
BIPC
Operating Cash FlowLast quarter
$223.4M
$478.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.97×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
BIPC
BIPC
Q4 25
$223.4M
Q3 25
$154.4M
Q2 25
$117.5M
$478.0M
Q1 25
$-24.8M
Q3 24
$89.7M
Q2 24
$511.0M
Q2 23
$265.0M
Q2 22
$232.0M
Cash Conversion
ARDT
ARDT
BIPC
BIPC
Q4 25
4.97×
Q3 25
Q2 25
1.61×
Q1 25
-0.60×
Q3 24
3.41×
Q2 24
0.79×
Q2 23
Q2 22
0.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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