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

Ingredion Inc is the larger business by last-quarter revenue ($1.8B vs $1.6B, roughly 1.1× Ardent Health, Inc.). Ingredion Inc runs the higher net margin — 9.5% vs 2.8%, a 6.7% gap on every dollar of revenue.

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

Ingredion Inc. is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.

ARDT vs INGR — Head-to-Head

Bigger by revenue
INGR
INGR
1.1× larger
INGR
$1.8B
$1.6B
ARDT
Higher net margin
INGR
INGR
6.7% more per $
INGR
9.5%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
INGR
INGR
Revenue
$1.6B
$1.8B
Net Profit
$45.0M
$167.0M
Gross Margin
24.5%
Operating Margin
5.8%
12.5%
Net Margin
2.8%
9.5%
Revenue YoY
-2.4%
Net Profit YoY
72.2%
EPS (diluted)
$0.32
$2.58

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
INGR
INGR
Q4 25
$1.6B
$1.8B
Q3 25
$1.6B
$1.8B
Q2 25
$1.6B
$1.8B
Q1 25
$1.5B
$1.8B
Q4 24
$1.8B
Q3 24
$1.4B
$1.9B
Q2 24
$1.5B
$1.9B
Q1 24
$1.9B
Net Profit
ARDT
ARDT
INGR
INGR
Q4 25
$45.0M
$167.0M
Q3 25
$-23.5M
$171.0M
Q2 25
$73.0M
$196.0M
Q1 25
$41.4M
$197.0M
Q4 24
$97.0M
Q3 24
$26.3M
$188.0M
Q2 24
$42.8M
$148.0M
Q1 24
$216.0M
Gross Margin
ARDT
ARDT
INGR
INGR
Q4 25
24.5%
Q3 25
25.1%
Q2 25
26.0%
Q1 25
25.7%
Q4 24
24.9%
Q3 24
25.6%
Q2 24
23.7%
Q1 24
22.2%
Operating Margin
ARDT
ARDT
INGR
INGR
Q4 25
5.8%
12.5%
Q3 25
-0.1%
13.7%
Q2 25
7.4%
14.8%
Q1 25
5.0%
15.2%
Q4 24
9.0%
Q3 24
3.9%
14.3%
Q2 24
5.6%
12.8%
Q1 24
11.3%
Net Margin
ARDT
ARDT
INGR
INGR
Q4 25
2.8%
9.5%
Q3 25
-1.5%
9.4%
Q2 25
4.4%
10.7%
Q1 25
2.8%
10.9%
Q4 24
5.4%
Q3 24
1.8%
10.1%
Q2 24
2.9%
7.9%
Q1 24
11.5%
EPS (diluted)
ARDT
ARDT
INGR
INGR
Q4 25
$0.32
$2.58
Q3 25
$-0.17
$2.61
Q2 25
$0.52
$2.99
Q1 25
$0.29
$3.00
Q4 24
$1.43
Q3 24
$0.19
$2.83
Q2 24
$0.34
$2.22
Q1 24
$3.23

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
INGR
INGR
Cash + ST InvestmentsLiquidity on hand
$709.6M
$1.0B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$4.3B
Total Assets
$5.3B
$7.9B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
INGR
INGR
Q4 25
$709.6M
$1.0B
Q3 25
$609.4M
$915.0M
Q2 25
$540.6M
$861.0M
Q1 25
$495.0M
$837.0M
Q4 24
$997.0M
Q3 24
$563.1M
$877.0M
Q2 24
$334.5M
$505.0M
Q1 24
$438.0M
Total Debt
ARDT
ARDT
INGR
INGR
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
INGR
INGR
Q4 25
$1.3B
$4.3B
Q3 25
$1.2B
$4.2B
Q2 25
$1.3B
$4.2B
Q1 25
$1.2B
$4.0B
Q4 24
$3.8B
Q3 24
$1.0B
$4.0B
Q2 24
$739.9M
$3.7B
Q1 24
$3.7B
Total Assets
ARDT
ARDT
INGR
INGR
Q4 25
$5.3B
$7.9B
Q3 25
$5.2B
$7.8B
Q2 25
$5.0B
$7.8B
Q1 25
$4.9B
$7.5B
Q4 24
$7.4B
Q3 24
$4.8B
$7.5B
Q2 24
$4.6B
$7.2B
Q1 24
$7.3B
Debt / Equity
ARDT
ARDT
INGR
INGR
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
INGR
INGR
Operating Cash FlowLast quarter
$223.4M
$405.0M
Free Cash FlowOCF − Capex
$270.0M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
4.97×
2.43×
TTM Free Cash FlowTrailing 4 quarters
$511.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
INGR
INGR
Q4 25
$223.4M
$405.0M
Q3 25
$154.4M
$277.0M
Q2 25
$117.5M
$185.0M
Q1 25
$-24.8M
$77.0M
Q4 24
$436.0M
Q3 24
$89.7M
$479.0M
Q2 24
$312.0M
Q1 24
$209.0M
Free Cash Flow
ARDT
ARDT
INGR
INGR
Q4 25
$270.0M
Q3 25
$172.0M
Q2 25
$84.0M
Q1 25
$-15.0M
Q4 24
$311.0M
Q3 24
$429.0M
Q2 24
$257.0M
Q1 24
$144.0M
FCF Margin
ARDT
ARDT
INGR
INGR
Q4 25
15.4%
Q3 25
9.5%
Q2 25
4.6%
Q1 25
-0.8%
Q4 24
17.3%
Q3 24
22.9%
Q2 24
13.7%
Q1 24
7.7%
Capex Intensity
ARDT
ARDT
INGR
INGR
Q4 25
7.7%
Q3 25
5.8%
Q2 25
5.5%
Q1 25
5.1%
Q4 24
6.9%
Q3 24
2.7%
Q2 24
2.9%
Q1 24
3.5%
Cash Conversion
ARDT
ARDT
INGR
INGR
Q4 25
4.97×
2.43×
Q3 25
1.62×
Q2 25
1.61×
0.94×
Q1 25
-0.60×
0.39×
Q4 24
4.49×
Q3 24
3.41×
2.55×
Q2 24
2.11×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

INGR
INGR

Food And Industrial Ingredients LATAM Segment$599.0M34%
Texture And Healthful Solutions Segment$598.0M34%
Food And Industrial Ingredients U.S.Canada Segment$486.0M28%
Other$74.0M4%

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