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

Fastenal is the larger business by last-quarter revenue ($2.0B vs $1.6B, roughly 1.3× Ardent Health, Inc.). Fastenal runs the higher net margin — 14.5% vs 2.8%, a 11.7% gap on every dollar of revenue.

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

Fastenal Company is an American publicly traded company based in Winona, Minnesota, founded in 1967. Fastenal is a major distributor of industrial and construction supplies, and the largest fastener distributor in North America. Fastenal provides supply chain solutions including bin stock, vending machines, inventory management, and logistics services.

ARDT vs FAST — Head-to-Head

Bigger by revenue
FAST
FAST
1.3× larger
FAST
$2.0B
$1.6B
ARDT
Higher net margin
FAST
FAST
11.7% more per $
FAST
14.5%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARDT
ARDT
FAST
FAST
Revenue
$1.6B
$2.0B
Net Profit
$45.0M
$293.9M
Gross Margin
44.3%
Operating Margin
5.8%
18.9%
Net Margin
2.8%
14.5%
Revenue YoY
3.5%
Net Profit YoY
-1.6%
EPS (diluted)
$0.32
$-0.01

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
FAST
FAST
Q1 26
$2.0B
Q4 25
$1.6B
$2.0B
Q3 25
$1.6B
$2.1B
Q2 25
$1.6B
$2.1B
Q1 25
$1.5B
$2.0B
Q4 24
$1.8B
Q3 24
$1.4B
$1.9B
Q2 24
$1.5B
$1.9B
Net Profit
ARDT
ARDT
FAST
FAST
Q1 26
$293.9M
Q4 25
$45.0M
$293.9M
Q3 25
$-23.5M
$335.5M
Q2 25
$73.0M
$330.3M
Q1 25
$41.4M
$298.7M
Q4 24
$262.1M
Q3 24
$26.3M
$298.1M
Q2 24
$42.8M
$292.7M
Gross Margin
ARDT
ARDT
FAST
FAST
Q1 26
44.3%
Q4 25
44.3%
Q3 25
45.3%
Q2 25
45.3%
Q1 25
45.1%
Q4 24
44.8%
Q3 24
44.9%
Q2 24
45.1%
Operating Margin
ARDT
ARDT
FAST
FAST
Q1 26
18.9%
Q4 25
5.8%
18.9%
Q3 25
-0.1%
20.7%
Q2 25
7.4%
21.0%
Q1 25
5.0%
20.1%
Q4 24
18.9%
Q3 24
3.9%
20.3%
Q2 24
5.6%
20.2%
Net Margin
ARDT
ARDT
FAST
FAST
Q1 26
14.5%
Q4 25
2.8%
14.5%
Q3 25
-1.5%
15.7%
Q2 25
4.4%
15.9%
Q1 25
2.8%
15.2%
Q4 24
14.4%
Q3 24
1.8%
15.6%
Q2 24
2.9%
15.3%
EPS (diluted)
ARDT
ARDT
FAST
FAST
Q1 26
$-0.01
Q4 25
$0.32
$-0.01
Q3 25
$-0.17
$0.29
Q2 25
$0.52
$0.29
Q1 25
$0.29
$0.52
Q4 24
$0.45
Q3 24
$0.19
$0.52
Q2 24
$0.34
$0.51

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
FAST
FAST
Cash + ST InvestmentsLiquidity on hand
$709.6M
$276.8M
Total DebtLower is stronger
$1.1B
$125.0M
Stockholders' EquityBook value
$1.3B
$3.9B
Total Assets
$5.3B
$5.1B
Debt / EquityLower = less leverage
0.84×
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
FAST
FAST
Q1 26
$276.8M
Q4 25
$709.6M
$276.8M
Q3 25
$609.4M
$288.1M
Q2 25
$540.6M
$237.8M
Q1 25
$495.0M
$231.8M
Q4 24
$255.8M
Q3 24
$563.1M
$292.2M
Q2 24
$334.5M
$255.5M
Total Debt
ARDT
ARDT
FAST
FAST
Q1 26
$125.0M
Q4 25
$1.1B
$125.0M
Q3 25
$1.1B
$195.0M
Q2 25
$1.1B
$230.0M
Q1 25
$1.1B
$200.0M
Q4 24
$200.0M
Q3 24
$1.1B
$240.0M
Q2 24
$1.1B
$235.0M
Stockholders' Equity
ARDT
ARDT
FAST
FAST
Q1 26
$3.9B
Q4 25
$1.3B
$3.9B
Q3 25
$1.2B
$3.9B
Q2 25
$1.3B
$3.8B
Q1 25
$1.2B
$3.7B
Q4 24
$3.6B
Q3 24
$1.0B
$3.6B
Q2 24
$739.9M
$3.5B
Total Assets
ARDT
ARDT
FAST
FAST
Q1 26
$5.1B
Q4 25
$5.3B
$5.1B
Q3 25
$5.2B
$5.1B
Q2 25
$5.0B
$5.0B
Q1 25
$4.9B
$4.9B
Q4 24
$4.7B
Q3 24
$4.8B
$4.7B
Q2 24
$4.6B
$4.6B
Debt / Equity
ARDT
ARDT
FAST
FAST
Q1 26
0.03×
Q4 25
0.84×
0.03×
Q3 25
0.88×
0.05×
Q2 25
0.87×
0.06×
Q1 25
0.93×
0.05×
Q4 24
0.06×
Q3 24
1.08×
0.07×
Q2 24
1.46×
0.07×

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
FAST
FAST
Operating Cash FlowLast quarter
$223.4M
$368.2M
Free Cash FlowOCF − Capex
$308.2M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
4.97×
1.25×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
FAST
FAST
Q1 26
$368.2M
Q4 25
$223.4M
$368.2M
Q3 25
$154.4M
$386.9M
Q2 25
$117.5M
$278.6M
Q1 25
$-24.8M
$262.2M
Q4 24
$282.8M
Q3 24
$89.7M
$296.9M
Q2 24
$258.0M
Free Cash Flow
ARDT
ARDT
FAST
FAST
Q1 26
$308.2M
Q4 25
$308.2M
Q3 25
$326.6M
Q2 25
$209.3M
Q1 25
$206.5M
Q4 24
$222.6M
Q3 24
$237.5M
Q2 24
$201.9M
FCF Margin
ARDT
ARDT
FAST
FAST
Q1 26
15.2%
Q4 25
15.2%
Q3 25
15.3%
Q2 25
10.1%
Q1 25
10.5%
Q4 24
12.2%
Q3 24
12.4%
Q2 24
10.5%
Capex Intensity
ARDT
ARDT
FAST
FAST
Q1 26
3.0%
Q4 25
3.0%
Q3 25
2.8%
Q2 25
3.3%
Q1 25
2.8%
Q4 24
3.3%
Q3 24
3.1%
Q2 24
2.9%
Cash Conversion
ARDT
ARDT
FAST
FAST
Q1 26
1.25×
Q4 25
4.97×
1.25×
Q3 25
1.15×
Q2 25
1.61×
0.84×
Q1 25
-0.60×
0.88×
Q4 24
1.08×
Q3 24
3.41×
1.00×
Q2 24
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

FAST
FAST

Reportable Segment Aggregation Before Other Operating Segment$1.8B90%
Other$211.2M10%

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