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

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× LANDSTAR SYSTEM INC). LANDSTAR SYSTEM INC runs the higher net margin — 3.4% vs 2.8%, a 0.6% gap on every dollar of revenue.

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

Landstar System, Inc. is an American transportation services company specializing in logistics and, more specifically, third-party logistics. Landstar utilizes an extensive network of over 8,800 independent owner-operators, referred to internally as business capacity owners (BCOs), over 1,000 independent freight agents, and over 70,000 vetted carriers. Landstar provides services principally throughout the United States and to a lesser extent in Canada and between the U.S. and Canada, Mexico, ...

ARDT vs LSTR — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.4× larger
ARDT
$1.6B
$1.2B
LSTR
Higher net margin
LSTR
LSTR
0.6% more per $
LSTR
3.4%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARDT
ARDT
LSTR
LSTR
Revenue
$1.6B
$1.2B
Net Profit
$45.0M
$39.4M
Gross Margin
9.6%
Operating Margin
5.8%
4.5%
Net Margin
2.8%
3.4%
Revenue YoY
1.6%
Net Profit YoY
32.3%
EPS (diluted)
$0.32
$1.16

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
LSTR
LSTR
Q1 26
$1.2B
Q4 25
$1.6B
$1.2B
Q3 25
$1.6B
$1.2B
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
Net Profit
ARDT
ARDT
LSTR
LSTR
Q1 26
$39.4M
Q4 25
$45.0M
$23.9M
Q3 25
$-23.5M
$19.4M
Q2 25
$73.0M
$41.9M
Q1 25
$41.4M
$29.8M
Q4 24
$46.2M
Q3 24
$26.3M
$50.0M
Q2 24
$42.8M
$52.6M
Gross Margin
ARDT
ARDT
LSTR
LSTR
Q1 26
9.6%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
ARDT
ARDT
LSTR
LSTR
Q1 26
4.5%
Q4 25
5.8%
2.5%
Q3 25
-0.1%
2.2%
Q2 25
7.4%
4.6%
Q1 25
5.0%
3.4%
Q4 24
4.8%
Q3 24
3.9%
5.2%
Q2 24
5.6%
5.6%
Net Margin
ARDT
ARDT
LSTR
LSTR
Q1 26
3.4%
Q4 25
2.8%
2.0%
Q3 25
-1.5%
1.6%
Q2 25
4.4%
3.5%
Q1 25
2.8%
2.6%
Q4 24
3.8%
Q3 24
1.8%
4.1%
Q2 24
2.9%
4.3%
EPS (diluted)
ARDT
ARDT
LSTR
LSTR
Q1 26
$1.16
Q4 25
$0.32
$0.70
Q3 25
$-0.17
$0.56
Q2 25
$0.52
$1.20
Q1 25
$0.29
$0.85
Q4 24
$1.30
Q3 24
$0.19
$1.41
Q2 24
$0.34
$1.48

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
LSTR
LSTR
Cash + ST InvestmentsLiquidity on hand
$709.6M
$411.0M
Total DebtLower is stronger
$1.1B
$26.1M
Stockholders' EquityBook value
$1.3B
$799.0M
Total Assets
$5.3B
$1.6B
Debt / EquityLower = less leverage
0.84×
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
LSTR
LSTR
Q1 26
$411.0M
Q4 25
$709.6M
$452.2M
Q3 25
$609.4M
$434.4M
Q2 25
$540.6M
$426.2M
Q1 25
$495.0M
$473.4M
Q4 24
$566.6M
Q3 24
$563.1M
$531.3M
Q2 24
$334.5M
$504.0M
Total Debt
ARDT
ARDT
LSTR
LSTR
Q1 26
$26.1M
Q4 25
$1.1B
$0
Q3 25
$1.1B
$0
Q2 25
$1.1B
$0
Q1 25
$1.1B
$0
Q4 24
$0
Q3 24
$1.1B
$0
Q2 24
$1.1B
$0
Stockholders' Equity
ARDT
ARDT
LSTR
LSTR
Q1 26
$799.0M
Q4 25
$1.3B
$795.7M
Q3 25
$1.2B
$888.7M
Q2 25
$1.3B
$921.8M
Q1 25
$1.2B
$930.8M
Q4 24
$972.4M
Q3 24
$1.0B
$1.0B
Q2 24
$739.9M
$1.0B
Total Assets
ARDT
ARDT
LSTR
LSTR
Q1 26
$1.6B
Q4 25
$5.3B
$1.6B
Q3 25
$5.2B
$1.7B
Q2 25
$5.0B
$1.7B
Q1 25
$4.9B
$1.7B
Q4 24
$1.8B
Q3 24
$4.8B
$1.8B
Q2 24
$4.6B
$1.8B
Debt / Equity
ARDT
ARDT
LSTR
LSTR
Q1 26
0.03×
Q4 25
0.84×
0.00×
Q3 25
0.88×
0.00×
Q2 25
0.87×
0.00×
Q1 25
0.93×
0.00×
Q4 24
0.00×
Q3 24
1.08×
0.00×
Q2 24
1.46×
0.00×

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
LSTR
LSTR
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
LSTR
LSTR
Q1 26
Q4 25
$223.4M
$72.7M
Q3 25
$154.4M
$89.3M
Q2 25
$117.5M
$7.1M
Q1 25
$-24.8M
$55.7M
Q4 24
$61.1M
Q3 24
$89.7M
$83.1M
Q2 24
$48.1M
Free Cash Flow
ARDT
ARDT
LSTR
LSTR
Q1 26
Q4 25
$70.5M
Q3 25
$86.0M
Q2 25
$4.7M
Q1 25
$53.8M
Q4 24
$54.4M
Q3 24
$75.6M
Q2 24
$40.6M
FCF Margin
ARDT
ARDT
LSTR
LSTR
Q1 26
Q4 25
6.0%
Q3 25
7.1%
Q2 25
0.4%
Q1 25
4.7%
Q4 24
4.5%
Q3 24
6.2%
Q2 24
3.3%
Capex Intensity
ARDT
ARDT
LSTR
LSTR
Q1 26
Q4 25
0.2%
Q3 25
0.3%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.6%
Q3 24
0.6%
Q2 24
0.6%
Cash Conversion
ARDT
ARDT
LSTR
LSTR
Q1 26
Q4 25
4.97×
3.04×
Q3 25
4.61×
Q2 25
1.61×
0.17×
Q1 25
-0.60×
1.87×
Q4 24
1.32×
Q3 24
3.41×
1.66×
Q2 24
0.91×

Financial Flow Comparison

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

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