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

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.5B, roughly 1.1× TopBuild Corp). TopBuild Corp runs the higher net margin — 7.0% vs 2.8%, a 4.2% gap on every dollar of revenue.

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

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

ARDT vs BLD — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.1× larger
ARDT
$1.6B
$1.5B
BLD
Higher net margin
BLD
BLD
4.2% more per $
BLD
7.0%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
BLD
BLD
Revenue
$1.6B
$1.5B
Net Profit
$45.0M
$104.5M
Gross Margin
27.2%
Operating Margin
5.8%
12.1%
Net Margin
2.8%
7.0%
Revenue YoY
13.2%
Net Profit YoY
-30.6%
EPS (diluted)
$0.32
$3.69

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
BLD
BLD
Q4 25
$1.6B
$1.5B
Q3 25
$1.6B
$1.4B
Q2 25
$1.6B
$1.3B
Q1 25
$1.5B
$1.2B
Q4 24
$1.3B
Q3 24
$1.4B
$1.4B
Q2 24
$1.5B
$1.4B
Q1 24
$1.3B
Net Profit
ARDT
ARDT
BLD
BLD
Q4 25
$45.0M
$104.5M
Q3 25
$-23.5M
$142.2M
Q2 25
$73.0M
$151.6M
Q1 25
$41.4M
$123.4M
Q4 24
$150.5M
Q3 24
$26.3M
$169.0M
Q2 24
$42.8M
$150.7M
Q1 24
$152.4M
Gross Margin
ARDT
ARDT
BLD
BLD
Q4 25
27.2%
Q3 25
30.1%
Q2 25
30.4%
Q1 25
28.5%
Q4 24
29.9%
Q3 24
30.7%
Q2 24
31.0%
Q1 24
30.3%
Operating Margin
ARDT
ARDT
BLD
BLD
Q4 25
5.8%
12.1%
Q3 25
-0.1%
15.4%
Q2 25
7.4%
16.9%
Q1 25
5.0%
14.4%
Q4 24
16.6%
Q3 24
3.9%
17.8%
Q2 24
5.6%
15.4%
Q1 24
16.8%
Net Margin
ARDT
ARDT
BLD
BLD
Q4 25
2.8%
7.0%
Q3 25
-1.5%
10.2%
Q2 25
4.4%
11.7%
Q1 25
2.8%
10.0%
Q4 24
11.5%
Q3 24
1.8%
12.3%
Q2 24
2.9%
11.0%
Q1 24
11.9%
EPS (diluted)
ARDT
ARDT
BLD
BLD
Q4 25
$0.32
$3.69
Q3 25
$-0.17
$5.04
Q2 25
$0.52
$5.32
Q1 25
$0.29
$4.23
Q4 24
$5.07
Q3 24
$0.19
$5.65
Q2 24
$0.34
$4.78
Q1 24
$4.79

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
BLD
BLD
Cash + ST InvestmentsLiquidity on hand
$709.6M
$184.7M
Total DebtLower is stronger
$1.1B
$2.8B
Stockholders' EquityBook value
$1.3B
$2.3B
Total Assets
$5.3B
$6.6B
Debt / EquityLower = less leverage
0.84×
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
BLD
BLD
Q4 25
$709.6M
$184.7M
Q3 25
$609.4M
$1.1B
Q2 25
$540.6M
$842.5M
Q1 25
$495.0M
$308.8M
Q4 24
$400.3M
Q3 24
$563.1M
$257.3M
Q2 24
$334.5M
$463.2M
Q1 24
$968.8M
Total Debt
ARDT
ARDT
BLD
BLD
Q4 25
$1.1B
$2.8B
Q3 25
$1.1B
$2.9B
Q2 25
$1.1B
$1.9B
Q1 25
$1.1B
$1.4B
Q4 24
$1.4B
Q3 24
$1.1B
$1.4B
Q2 24
$1.1B
$1.4B
Q1 24
$1.4B
Stockholders' Equity
ARDT
ARDT
BLD
BLD
Q4 25
$1.3B
$2.3B
Q3 25
$1.2B
$2.2B
Q2 25
$1.3B
$2.1B
Q1 25
$1.2B
$2.1B
Q4 24
$2.2B
Q3 24
$1.0B
$2.1B
Q2 24
$739.9M
$2.4B
Q1 24
$2.7B
Total Assets
ARDT
ARDT
BLD
BLD
Q4 25
$5.3B
$6.6B
Q3 25
$5.2B
$6.4B
Q2 25
$5.0B
$5.1B
Q1 25
$4.9B
$4.6B
Q4 24
$4.7B
Q3 24
$4.8B
$4.7B
Q2 24
$4.6B
$4.9B
Q1 24
$5.3B
Debt / Equity
ARDT
ARDT
BLD
BLD
Q4 25
0.84×
1.23×
Q3 25
0.88×
1.29×
Q2 25
0.87×
0.88×
Q1 25
0.93×
0.65×
Q4 24
0.62×
Q3 24
1.08×
0.66×
Q2 24
1.46×
0.59×
Q1 24
0.52×

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
BLD
BLD
Operating Cash FlowLast quarter
$223.4M
$176.7M
Free Cash FlowOCF − Capex
$159.4M
FCF MarginFCF / Revenue
10.7%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
4.97×
1.69×
TTM Free Cash FlowTrailing 4 quarters
$696.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
BLD
BLD
Q4 25
$223.4M
$176.7M
Q3 25
$154.4M
$233.3M
Q2 25
$117.5M
$193.7M
Q1 25
$-24.8M
$152.6M
Q4 24
$266.2M
Q3 24
$89.7M
$240.7M
Q2 24
$90.4M
Q1 24
$178.8M
Free Cash Flow
ARDT
ARDT
BLD
BLD
Q4 25
$159.4M
Q3 25
$216.2M
Q2 25
$182.2M
Q1 25
$139.2M
Q4 24
$253.7M
Q3 24
$219.8M
Q2 24
$74.3M
Q1 24
$158.9M
FCF Margin
ARDT
ARDT
BLD
BLD
Q4 25
10.7%
Q3 25
15.5%
Q2 25
14.0%
Q1 25
11.3%
Q4 24
19.3%
Q3 24
16.0%
Q2 24
5.4%
Q1 24
12.4%
Capex Intensity
ARDT
ARDT
BLD
BLD
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.1%
Q4 24
1.0%
Q3 24
1.5%
Q2 24
1.2%
Q1 24
1.6%
Cash Conversion
ARDT
ARDT
BLD
BLD
Q4 25
4.97×
1.69×
Q3 25
1.64×
Q2 25
1.61×
1.28×
Q1 25
-0.60×
1.24×
Q4 24
1.77×
Q3 24
3.41×
1.42×
Q2 24
0.60×
Q1 24
1.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

BLD
BLD

Distribution Segment$755.4M51%
Residential$557.9M38%
All Other Products$91.9M6%
Glass And Windows$51.5M3%
Rain Gutters$27.1M2%

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