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

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.3× Graham Holdings Co). Graham Holdings Co runs the higher net margin — 8.7% vs 2.8%, a 5.9% gap on every dollar of revenue.

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

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

ARDT vs GHC — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.3× larger
ARDT
$1.6B
$1.3B
GHC
Higher net margin
GHC
GHC
5.9% more per $
GHC
8.7%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
GHC
GHC
Revenue
$1.6B
$1.3B
Net Profit
$45.0M
$108.7M
Gross Margin
Operating Margin
5.8%
3.8%
Net Margin
2.8%
8.7%
Revenue YoY
0.4%
Net Profit YoY
-80.2%
EPS (diluted)
$0.32
$24.76

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
GHC
GHC
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.3B
Q2 25
$1.6B
$1.2B
Q1 25
$1.5B
$1.2B
Q4 24
$1.2B
Q3 24
$1.4B
$1.2B
Q2 24
$1.5B
$1.2B
Q1 24
$1.2B
Net Profit
ARDT
ARDT
GHC
GHC
Q4 25
$45.0M
$108.7M
Q3 25
$-23.5M
$122.9M
Q2 25
$73.0M
$36.7M
Q1 25
$41.4M
$23.9M
Q4 24
$548.8M
Q3 24
$26.3M
$72.5M
Q2 24
$42.8M
$-21.0M
Q1 24
$124.4M
Operating Margin
ARDT
ARDT
GHC
GHC
Q4 25
5.8%
3.8%
Q3 25
-0.1%
5.2%
Q2 25
7.4%
6.0%
Q1 25
5.0%
4.1%
Q4 24
5.8%
Q3 24
3.9%
6.8%
Q2 24
5.6%
2.2%
Q1 24
3.1%
Net Margin
ARDT
ARDT
GHC
GHC
Q4 25
2.8%
8.7%
Q3 25
-1.5%
9.6%
Q2 25
4.4%
3.0%
Q1 25
2.8%
2.0%
Q4 24
44.1%
Q3 24
1.8%
6.0%
Q2 24
2.9%
-1.8%
Q1 24
10.8%
EPS (diluted)
ARDT
ARDT
GHC
GHC
Q4 25
$0.32
$24.76
Q3 25
$-0.17
$27.91
Q2 25
$0.52
$8.35
Q1 25
$0.29
$5.45
Q4 24
$124.05
Q3 24
$0.19
$16.42
Q2 24
$0.34
$-4.79
Q1 24
$27.72

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
GHC
GHC
Cash + ST InvestmentsLiquidity on hand
$709.6M
$267.0M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$4.8B
Total Assets
$5.3B
$8.4B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
GHC
GHC
Q4 25
$709.6M
$267.0M
Q3 25
$609.4M
$190.8M
Q2 25
$540.6M
$176.2M
Q1 25
$495.0M
$156.7M
Q4 24
$260.9M
Q3 24
$563.1M
$244.4M
Q2 24
$334.5M
$140.7M
Q1 24
$130.9M
Total Debt
ARDT
ARDT
GHC
GHC
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
Q1 24
Stockholders' Equity
ARDT
ARDT
GHC
GHC
Q4 25
$1.3B
$4.8B
Q3 25
$1.2B
$4.5B
Q2 25
$1.3B
$4.4B
Q1 25
$1.2B
$4.3B
Q4 24
$4.3B
Q3 24
$1.0B
$4.0B
Q2 24
$739.9M
$4.0B
Q1 24
$4.0B
Total Assets
ARDT
ARDT
GHC
GHC
Q4 25
$5.3B
$8.4B
Q3 25
$5.2B
$7.9B
Q2 25
$5.0B
$7.6B
Q1 25
$4.9B
$7.6B
Q4 24
$7.7B
Q3 24
$4.8B
$7.4B
Q2 24
$4.6B
$7.2B
Q1 24
$7.3B
Debt / Equity
ARDT
ARDT
GHC
GHC
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×
Q1 24

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
GHC
GHC
Operating Cash FlowLast quarter
$223.4M
$28.3M
Free Cash FlowOCF − Capex
$5.0M
FCF MarginFCF / Revenue
0.4%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
4.97×
0.26×
TTM Free Cash FlowTrailing 4 quarters
$275.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
GHC
GHC
Q4 25
$223.4M
$28.3M
Q3 25
$154.4M
$178.1M
Q2 25
$117.5M
$94.8M
Q1 25
$-24.8M
$46.0M
Q4 24
$116.3M
Q3 24
$89.7M
$237.6M
Q2 24
$52.0M
Q1 24
$1.1M
Free Cash Flow
ARDT
ARDT
GHC
GHC
Q4 25
$5.0M
Q3 25
$161.8M
Q2 25
$78.0M
Q1 25
$30.5M
Q4 24
$91.1M
Q3 24
$219.4M
Q2 24
$33.7M
Q1 24
$-20.2M
FCF Margin
ARDT
ARDT
GHC
GHC
Q4 25
0.4%
Q3 25
12.6%
Q2 25
6.4%
Q1 25
2.6%
Q4 24
7.3%
Q3 24
18.2%
Q2 24
2.8%
Q1 24
-1.8%
Capex Intensity
ARDT
ARDT
GHC
GHC
Q4 25
1.9%
Q3 25
1.3%
Q2 25
1.4%
Q1 25
1.3%
Q4 24
2.0%
Q3 24
1.5%
Q2 24
1.5%
Q1 24
1.8%
Cash Conversion
ARDT
ARDT
GHC
GHC
Q4 25
4.97×
0.26×
Q3 25
1.45×
Q2 25
1.61×
2.58×
Q1 25
-0.60×
1.93×
Q4 24
0.21×
Q3 24
3.41×
3.28×
Q2 24
Q1 24
0.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

GHC
GHC

Products$602.7M48%
Kaplan International$251.9M20%
Manufacturing$117.8M9%
Television Broadcasting$110.5M9%
Higher Education$83.8M7%
Supplemental Education$74.9M6%
Related Party$4.4M0%

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