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

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.6B, roughly 1.0× Ardent Health, Inc.). Digital Realty runs the higher net margin — 6.0% vs 2.8%, a 3.2% gap on every dollar of revenue.

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

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

ARDT vs DLR — Head-to-Head

Bigger by revenue
DLR
DLR
1.0× larger
DLR
$1.6B
$1.6B
ARDT
Higher net margin
DLR
DLR
3.2% more per $
DLR
6.0%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARDT
ARDT
DLR
DLR
Revenue
$1.6B
$1.6B
Net Profit
$45.0M
$98.6M
Gross Margin
Operating Margin
5.8%
6.9%
Net Margin
2.8%
6.0%
Revenue YoY
16.1%
Net Profit YoY
-10.3%
EPS (diluted)
$0.32
$0.22

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
DLR
DLR
Q1 26
$1.6B
Q4 25
$1.6B
$1.6B
Q3 25
$1.6B
$1.6B
Q2 25
$1.6B
$1.5B
Q1 25
$1.5B
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
$1.4B
Q2 24
$1.5B
$1.4B
Net Profit
ARDT
ARDT
DLR
DLR
Q1 26
$98.6M
Q4 25
$45.0M
$98.6M
Q3 25
$-23.5M
$67.8M
Q2 25
$73.0M
$1.0B
Q1 25
$41.4M
$110.0M
Q4 24
$189.6M
Q3 24
$26.3M
$51.2M
Q2 24
$42.8M
$80.2M
Operating Margin
ARDT
ARDT
DLR
DLR
Q1 26
6.9%
Q4 25
5.8%
6.9%
Q3 25
-0.1%
8.8%
Q2 25
7.4%
14.2%
Q1 25
5.0%
13.9%
Q4 24
10.1%
Q3 24
3.9%
11.8%
Q2 24
5.6%
0.7%
Net Margin
ARDT
ARDT
DLR
DLR
Q1 26
6.0%
Q4 25
2.8%
6.0%
Q3 25
-1.5%
4.3%
Q2 25
4.4%
69.1%
Q1 25
2.8%
7.8%
Q4 24
13.2%
Q3 24
1.8%
3.6%
Q2 24
2.9%
5.9%
EPS (diluted)
ARDT
ARDT
DLR
DLR
Q1 26
$0.22
Q4 25
$0.32
$0.22
Q3 25
$-0.17
$0.15
Q2 25
$0.52
$2.94
Q1 25
$0.29
$0.27
Q4 24
$0.50
Q3 24
$0.19
$0.09
Q2 24
$0.34
$0.20

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
DLR
DLR
Cash + ST InvestmentsLiquidity on hand
$709.6M
$3.5B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$22.9B
Total Assets
$5.3B
$49.4B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
DLR
DLR
Q1 26
$3.5B
Q4 25
$709.6M
$3.5B
Q3 25
$609.4M
$3.3B
Q2 25
$540.6M
$3.6B
Q1 25
$495.0M
$2.3B
Q4 24
$3.9B
Q3 24
$563.1M
$2.2B
Q2 24
$334.5M
$2.3B
Total Debt
ARDT
ARDT
DLR
DLR
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
ARDT
ARDT
DLR
DLR
Q1 26
$22.9B
Q4 25
$1.3B
$22.9B
Q3 25
$1.2B
$23.0B
Q2 25
$1.3B
$22.9B
Q1 25
$1.2B
$21.3B
Q4 24
$21.3B
Q3 24
$1.0B
$21.2B
Q2 24
$739.9M
$20.5B
Total Assets
ARDT
ARDT
DLR
DLR
Q1 26
$49.4B
Q4 25
$5.3B
$49.4B
Q3 25
$5.2B
$48.7B
Q2 25
$5.0B
$48.7B
Q1 25
$4.9B
$45.1B
Q4 24
$45.3B
Q3 24
$4.8B
$45.3B
Q2 24
$4.6B
$43.6B
Debt / Equity
ARDT
ARDT
DLR
DLR
Q1 26
Q4 25
0.84×
Q3 25
0.88×
Q2 25
0.87×
Q1 25
0.93×
Q4 24
Q3 24
1.08×
Q2 24
1.46×

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
DLR
DLR
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
DLR
DLR
Q1 26
Q4 25
$223.4M
$719.0M
Q3 25
$154.4M
$652.9M
Q2 25
$117.5M
$641.2M
Q1 25
$-24.8M
$399.1M
Q4 24
$769.5M
Q3 24
$89.7M
$566.5M
Q2 24
$573.2M
Cash Conversion
ARDT
ARDT
DLR
DLR
Q1 26
Q4 25
4.97×
7.29×
Q3 25
9.63×
Q2 25
1.61×
0.62×
Q1 25
-0.60×
3.63×
Q4 24
4.06×
Q3 24
3.41×
11.07×
Q2 24
7.15×

Financial Flow Comparison

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

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