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

Lumen Technologies, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.6B, roughly 1.7× Ardent Health, Inc.). Ardent Health, Inc. runs the higher net margin — 2.8% vs -0.1%, a 2.9% gap on every dollar of revenue.

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

Lumen Technologies, Inc. is an American telecommunications company headquartered in Monroe, Louisiana. It offers network, security, cloud, voice, and other managed communications services through its fiber optic and copper networks, data centers and cloud computing services. The company has been included in the S&P 600 index since March 2023, and was previously listed among the S&P 500.

ARDT vs LUMN — Head-to-Head

Bigger by revenue
LUMN
LUMN
1.7× larger
LUMN
$2.7B
$1.6B
ARDT
Higher net margin
ARDT
ARDT
2.9% more per $
ARDT
2.8%
-0.1%
LUMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
LUMN
LUMN
Revenue
$1.6B
$2.7B
Net Profit
$45.0M
$-2.0M
Gross Margin
40.7%
Operating Margin
5.8%
-7.3%
Net Margin
2.8%
-0.1%
Revenue YoY
-11.0%
Net Profit YoY
-102.4%
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
LUMN
LUMN
Q4 25
$1.6B
$2.7B
Q3 25
$1.6B
$2.8B
Q2 25
$1.6B
$2.9B
Q1 25
$1.5B
$2.9B
Q4 24
$3.1B
Q3 24
$1.4B
$3.0B
Q2 24
$1.5B
$3.0B
Q1 24
$3.1B
Net Profit
ARDT
ARDT
LUMN
LUMN
Q4 25
$45.0M
$-2.0M
Q3 25
$-23.5M
$-621.0M
Q2 25
$73.0M
$-915.0M
Q1 25
$41.4M
$-201.0M
Q4 24
$85.0M
Q3 24
$26.3M
$-148.0M
Q2 24
$42.8M
$-49.0M
Q1 24
$57.0M
Gross Margin
ARDT
ARDT
LUMN
LUMN
Q4 25
40.7%
Q3 25
39.4%
Q2 25
43.4%
Q1 25
42.0%
Q4 24
44.7%
Q3 24
43.0%
Q2 24
45.2%
Q1 24
46.0%
Operating Margin
ARDT
ARDT
LUMN
LUMN
Q4 25
5.8%
-7.3%
Q3 25
-0.1%
-4.1%
Q2 25
7.4%
-21.0%
Q1 25
5.0%
3.7%
Q4 24
5.0%
Q3 24
3.9%
4.2%
Q2 24
5.6%
4.5%
Q1 24
1.5%
Net Margin
ARDT
ARDT
LUMN
LUMN
Q4 25
2.8%
-0.1%
Q3 25
-1.5%
-22.1%
Q2 25
4.4%
-31.9%
Q1 25
2.8%
-6.9%
Q4 24
2.8%
Q3 24
1.8%
-5.0%
Q2 24
2.9%
-1.6%
Q1 24
1.9%
EPS (diluted)
ARDT
ARDT
LUMN
LUMN
Q4 25
$0.32
$-0.01
Q3 25
$-0.17
$-0.62
Q2 25
$0.52
$-0.92
Q1 25
$0.29
$-0.20
Q4 24
$0.08
Q3 24
$0.19
$-0.15
Q2 24
$0.34
$-0.05
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
LUMN
LUMN
Cash + ST InvestmentsLiquidity on hand
$709.6M
$1.0B
Total DebtLower is stronger
$1.1B
$17.4B
Stockholders' EquityBook value
$1.3B
$-1.1B
Total Assets
$5.3B
$34.3B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
LUMN
LUMN
Q4 25
$709.6M
$1.0B
Q3 25
$609.4M
$2.4B
Q2 25
$540.6M
$1.6B
Q1 25
$495.0M
$1.9B
Q4 24
$1.9B
Q3 24
$563.1M
$2.6B
Q2 24
$334.5M
$1.5B
Q1 24
$1.6B
Total Debt
ARDT
ARDT
LUMN
LUMN
Q4 25
$1.1B
$17.4B
Q3 25
$1.1B
$17.6B
Q2 25
$1.1B
$17.6B
Q1 25
$1.1B
$17.3B
Q4 24
$17.5B
Q3 24
$1.1B
$18.1B
Q2 24
$1.1B
$18.4B
Q1 24
$18.6B
Stockholders' Equity
ARDT
ARDT
LUMN
LUMN
Q4 25
$1.3B
$-1.1B
Q3 25
$1.2B
$-1.2B
Q2 25
$1.3B
$-595.0M
Q1 25
$1.2B
$289.0M
Q4 24
$464.0M
Q3 24
$1.0B
$342.0M
Q2 24
$739.9M
$466.0M
Q1 24
$504.0M
Total Assets
ARDT
ARDT
LUMN
LUMN
Q4 25
$5.3B
$34.3B
Q3 25
$5.2B
$34.3B
Q2 25
$5.0B
$33.0B
Q1 25
$4.9B
$33.5B
Q4 24
$33.5B
Q3 24
$4.8B
$34.0B
Q2 24
$4.6B
$32.9B
Q1 24
$33.2B
Debt / Equity
ARDT
ARDT
LUMN
LUMN
Q4 25
0.84×
Q3 25
0.88×
Q2 25
0.87×
Q1 25
0.93×
59.98×
Q4 24
37.70×
Q3 24
1.08×
53.05×
Q2 24
1.46×
39.51×
Q1 24
36.89×

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
LUMN
LUMN
Operating Cash FlowLast quarter
$223.4M
$562.0M
Free Cash FlowOCF − Capex
$-1.1B
FCF MarginFCF / Revenue
-39.4%
Capex IntensityCapex / Revenue
59.9%
Cash ConversionOCF / Net Profit
4.97×
TTM Free Cash FlowTrailing 4 quarters
$371.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
LUMN
LUMN
Q4 25
$223.4M
$562.0M
Q3 25
$154.4M
$2.5B
Q2 25
$117.5M
$570.0M
Q1 25
$-24.8M
$1.1B
Q4 24
$688.0M
Q3 24
$89.7M
$2.0B
Q2 24
$511.0M
Q1 24
$1.1B
Free Cash Flow
ARDT
ARDT
LUMN
LUMN
Q4 25
$-1.1B
Q3 25
$1.5B
Q2 25
$-321.0M
Q1 25
$304.0M
Q4 24
$-227.0M
Q3 24
$1.2B
Q2 24
$-242.0M
Q1 24
$389.0M
FCF Margin
ARDT
ARDT
LUMN
LUMN
Q4 25
-39.4%
Q3 25
52.4%
Q2 25
-11.2%
Q1 25
10.4%
Q4 24
-7.4%
Q3 24
39.8%
Q2 24
-8.0%
Q1 24
12.7%
Capex Intensity
ARDT
ARDT
LUMN
LUMN
Q4 25
59.9%
Q3 25
37.1%
Q2 25
31.1%
Q1 25
27.2%
Q4 24
29.7%
Q3 24
28.6%
Q2 24
25.0%
Q1 24
23.3%
Cash Conversion
ARDT
ARDT
LUMN
LUMN
Q4 25
4.97×
Q3 25
Q2 25
1.61×
Q1 25
-0.60×
Q4 24
8.09×
Q3 24
3.41×
Q2 24
Q1 24
19.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

LUMN
LUMN

Large Enterprise$758.0M28%
Wholesale$661.0M24%
Mid Market Enterprise$472.0M17%
Fiber Broadband$232.0M8%
Other Broadband$218.0M8%
Other$184.0M7%
Voice And Other$166.0M6%
International And Other$77.0M3%

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