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

Caesars Entertainment is the larger business by last-quarter revenue ($2.9B vs $1.6B, roughly 1.8× Ardent Health, Inc.). Ardent Health, Inc. runs the higher net margin — 2.8% vs -2.9%, a 5.7% gap on every dollar of revenue.

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

Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada, that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020.

ARDT vs CZR — Head-to-Head

Bigger by revenue
CZR
CZR
1.8× larger
CZR
$2.9B
$1.6B
ARDT
Higher net margin
ARDT
ARDT
5.7% more per $
ARDT
2.8%
-2.9%
CZR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARDT
ARDT
CZR
CZR
Revenue
$1.6B
$2.9B
Net Profit
$45.0M
$-83.0M
Gross Margin
Operating Margin
5.8%
17.4%
Net Margin
2.8%
-2.9%
Revenue YoY
2.7%
Net Profit YoY
15.3%
EPS (diluted)
$0.32
$-0.48

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
CZR
CZR
Q1 26
$2.9B
Q4 25
$1.6B
$2.9B
Q3 25
$1.6B
$2.9B
Q2 25
$1.6B
$2.9B
Q1 25
$1.5B
$2.8B
Q4 24
$2.8B
Q3 24
$1.4B
$2.9B
Q2 24
$1.5B
$2.8B
Net Profit
ARDT
ARDT
CZR
CZR
Q1 26
$-83.0M
Q4 25
$45.0M
$-250.0M
Q3 25
$-23.5M
$-55.0M
Q2 25
$73.0M
$-82.0M
Q1 25
$41.4M
$-115.0M
Q4 24
$11.0M
Q3 24
$26.3M
$-9.0M
Q2 24
$42.8M
$-122.0M
Operating Margin
ARDT
ARDT
CZR
CZR
Q1 26
17.4%
Q4 25
5.8%
11.4%
Q3 25
-0.1%
17.9%
Q2 25
7.4%
18.1%
Q1 25
5.0%
17.5%
Q4 24
23.9%
Q3 24
3.9%
22.4%
Q2 24
5.6%
17.9%
Net Margin
ARDT
ARDT
CZR
CZR
Q1 26
-2.9%
Q4 25
2.8%
-8.6%
Q3 25
-1.5%
-1.9%
Q2 25
4.4%
-2.8%
Q1 25
2.8%
-4.1%
Q4 24
0.4%
Q3 24
1.8%
-0.3%
Q2 24
2.9%
-4.3%
EPS (diluted)
ARDT
ARDT
CZR
CZR
Q1 26
$-0.48
Q4 25
$0.32
$-1.22
Q3 25
$-0.17
$-0.27
Q2 25
$0.52
$-0.39
Q1 25
$0.29
$-0.54
Q4 24
$0.04
Q3 24
$0.19
$-0.04
Q2 24
$0.34
$-0.56

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
CZR
CZR
Cash + ST InvestmentsLiquidity on hand
$709.6M
$867.0M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
Total Assets
$5.3B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
CZR
CZR
Q1 26
$867.0M
Q4 25
$709.6M
$887.0M
Q3 25
$609.4M
$836.0M
Q2 25
$540.6M
$982.0M
Q1 25
$495.0M
$884.0M
Q4 24
$866.0M
Q3 24
$563.1M
$802.0M
Q2 24
$334.5M
$830.0M
Total Debt
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
$1.1B
$11.9B
Q3 25
$1.1B
$11.9B
Q2 25
$1.1B
$12.3B
Q1 25
$1.1B
$12.3B
Q4 24
$12.3B
Q3 24
$1.1B
$12.7B
Q2 24
$1.1B
$12.4B
Stockholders' Equity
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
$1.3B
$3.5B
Q3 25
$1.2B
$3.8B
Q2 25
$1.3B
$3.9B
Q1 25
$1.2B
$4.1B
Q4 24
$4.2B
Q3 24
$1.0B
$4.2B
Q2 24
$739.9M
$4.3B
Total Assets
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
$5.3B
$31.6B
Q3 25
$5.2B
$31.9B
Q2 25
$5.0B
$32.5B
Q1 25
$4.9B
$32.4B
Q4 24
$32.6B
Q3 24
$4.8B
$33.0B
Q2 24
$4.6B
$33.1B
Debt / Equity
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
0.84×
3.40×
Q3 25
0.88×
3.15×
Q2 25
0.87×
3.15×
Q1 25
0.93×
3.04×
Q4 24
2.96×
Q3 24
1.08×
3.04×
Q2 24
1.46×
2.89×

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
CZR
CZR
Operating Cash FlowLast quarter
$223.4M
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
CZR
CZR
Q1 26
Q4 25
$223.4M
$304.0M
Q3 25
$154.4M
$318.0M
Q2 25
$117.5M
$462.0M
Q1 25
$-24.8M
$218.0M
Q4 24
$309.0M
Q3 24
$89.7M
$232.0M
Q2 24
$454.0M
Free Cash Flow
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
$147.0M
Q3 25
$123.0M
Q2 25
$232.0M
Q1 25
$-5.0M
Q4 24
$30.0M
Q3 24
$-192.0M
Q2 24
$125.0M
FCF Margin
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
5.0%
Q3 25
4.3%
Q2 25
8.0%
Q1 25
-0.2%
Q4 24
1.1%
Q3 24
-6.7%
Q2 24
4.4%
Capex Intensity
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
5.4%
Q3 25
6.8%
Q2 25
7.9%
Q1 25
8.0%
Q4 24
10.0%
Q3 24
14.8%
Q2 24
11.6%
Cash Conversion
ARDT
ARDT
CZR
CZR
Q1 26
Q4 25
4.97×
Q3 25
Q2 25
1.61×
Q1 25
-0.60×
Q4 24
28.09×
Q3 24
3.41×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

CZR
CZR

Casino$1.7B58%
Hotel$487.0M17%
Food and beverage$424.0M15%
Other$293.0M10%

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