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

PPL Corporation is the larger business by last-quarter revenue ($2.3B vs $1.6B, roughly 1.5× Ardent Health, Inc.). PPL Corporation runs the higher net margin — 11.3% vs 2.8%, a 8.5% gap on every dollar of revenue.

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

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

ARDT vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
1.5× larger
PPL
$2.3B
$1.6B
ARDT
Higher net margin
PPL
PPL
8.5% more per $
PPL
11.3%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARDT
ARDT
PPL
PPL
Revenue
$1.6B
$2.3B
Net Profit
$45.0M
$266.0M
Gross Margin
Operating Margin
5.8%
20.3%
Net Margin
2.8%
11.3%
Revenue YoY
7.2%
Net Profit YoY
50.3%
EPS (diluted)
$0.32
$0.35

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
PPL
PPL
Q4 25
$1.6B
$2.3B
Q3 25
$1.6B
$2.2B
Q2 25
$1.6B
$2.0B
Q1 25
$1.5B
$2.5B
Q4 24
$2.2B
Q3 24
$1.4B
$2.1B
Q2 24
$1.5B
$1.9B
Q1 24
$2.3B
Net Profit
ARDT
ARDT
PPL
PPL
Q4 25
$45.0M
$266.0M
Q3 25
$-23.5M
$318.0M
Q2 25
$73.0M
$183.0M
Q1 25
$41.4M
$414.0M
Q4 24
$177.0M
Q3 24
$26.3M
$214.0M
Q2 24
$42.8M
$190.0M
Q1 24
$307.0M
Operating Margin
ARDT
ARDT
PPL
PPL
Q4 25
5.8%
20.3%
Q3 25
-0.1%
25.4%
Q2 25
7.4%
19.9%
Q1 25
5.0%
26.6%
Q4 24
17.2%
Q3 24
3.9%
20.6%
Q2 24
5.6%
20.8%
Q1 24
23.7%
Net Margin
ARDT
ARDT
PPL
PPL
Q4 25
2.8%
11.3%
Q3 25
-1.5%
14.2%
Q2 25
4.4%
9.0%
Q1 25
2.8%
16.3%
Q4 24
8.1%
Q3 24
1.8%
10.3%
Q2 24
2.9%
10.1%
Q1 24
13.3%
EPS (diluted)
ARDT
ARDT
PPL
PPL
Q4 25
$0.32
$0.35
Q3 25
$-0.17
$0.43
Q2 25
$0.52
$0.25
Q1 25
$0.29
$0.56
Q4 24
$0.23
Q3 24
$0.19
$0.29
Q2 24
$0.34
$0.26
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$709.6M
$1.1B
Total DebtLower is stronger
$1.1B
$18.9B
Stockholders' EquityBook value
$1.3B
$14.9B
Total Assets
$5.3B
$45.2B
Debt / EquityLower = less leverage
0.84×
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
PPL
PPL
Q4 25
$709.6M
$1.1B
Q3 25
$609.4M
$1.1B
Q2 25
$540.6M
$294.0M
Q1 25
$495.0M
$312.0M
Q4 24
$306.0M
Q3 24
$563.1M
$542.0M
Q2 24
$334.5M
$282.0M
Q1 24
$276.0M
Total Debt
ARDT
ARDT
PPL
PPL
Q4 25
$1.1B
$18.9B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$16.5B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
Stockholders' Equity
ARDT
ARDT
PPL
PPL
Q4 25
$1.3B
$14.9B
Q3 25
$1.2B
$14.4B
Q2 25
$1.3B
$14.3B
Q1 25
$1.2B
$14.3B
Q4 24
$14.1B
Q3 24
$1.0B
$14.1B
Q2 24
$739.9M
$14.1B
Q1 24
$14.1B
Total Assets
ARDT
ARDT
PPL
PPL
Q4 25
$5.3B
$45.2B
Q3 25
$5.2B
$43.9B
Q2 25
$5.0B
$42.4B
Q1 25
$4.9B
$41.8B
Q4 24
$41.1B
Q3 24
$4.8B
$40.5B
Q2 24
$4.6B
$39.8B
Q1 24
$39.6B
Debt / Equity
ARDT
ARDT
PPL
PPL
Q4 25
0.84×
1.27×
Q3 25
0.88×
Q2 25
0.87×
Q1 25
0.93×
Q4 24
1.17×
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
PPL
PPL
Operating Cash FlowLast quarter
$223.4M
$548.0M
Free Cash FlowOCF − Capex
$-614.0M
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
4.97×
2.06×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
PPL
PPL
Q4 25
$223.4M
$548.0M
Q3 25
$154.4M
$966.0M
Q2 25
$117.5M
$602.0M
Q1 25
$-24.8M
$513.0M
Q4 24
$511.0M
Q3 24
$89.7M
$781.0M
Q2 24
$766.0M
Q1 24
$282.0M
Free Cash Flow
ARDT
ARDT
PPL
PPL
Q4 25
$-614.0M
Q3 25
$-179.0M
Q2 25
$-328.0M
Q1 25
$-280.0M
Q4 24
$-349.0M
Q3 24
$102.0M
Q2 24
$96.0M
Q1 24
$-314.0M
FCF Margin
ARDT
ARDT
PPL
PPL
Q4 25
-26.1%
Q3 25
-8.0%
Q2 25
-16.1%
Q1 25
-11.0%
Q4 24
-15.9%
Q3 24
4.9%
Q2 24
5.1%
Q1 24
-13.6%
Capex Intensity
ARDT
ARDT
PPL
PPL
Q4 25
49.5%
Q3 25
51.2%
Q2 25
45.6%
Q1 25
31.2%
Q4 24
39.3%
Q3 24
32.7%
Q2 24
35.8%
Q1 24
25.9%
Cash Conversion
ARDT
ARDT
PPL
PPL
Q4 25
4.97×
2.06×
Q3 25
3.04×
Q2 25
1.61×
3.29×
Q1 25
-0.60×
1.24×
Q4 24
2.89×
Q3 24
3.41×
3.65×
Q2 24
4.03×
Q1 24
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARDT
ARDT

Segment breakdown not available.

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

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