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Side-by-side financial comparison of Ardent Health, Inc. (ARDT) and PATTERSON UTI ENERGY INC (PTEN). Click either name above to swap in a different company.

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.4× PATTERSON UTI ENERGY INC). Ardent Health, Inc. runs the higher net margin — 2.8% vs -2.2%, a 5.0% gap on every dollar of revenue.

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

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

ARDT vs PTEN — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.4× larger
ARDT
$1.6B
$1.1B
PTEN
Higher net margin
ARDT
ARDT
5.0% more per $
ARDT
2.8%
-2.2%
PTEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARDT
ARDT
PTEN
PTEN
Revenue
$1.6B
$1.1B
Net Profit
$45.0M
$-24.5M
Gross Margin
Operating Margin
5.8%
Net Margin
2.8%
-2.2%
Revenue YoY
-12.7%
Net Profit YoY
-170.8%
EPS (diluted)
$0.32
$-0.06

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
PTEN
PTEN
Q1 26
$1.1B
Q4 25
$1.6B
$1.1B
Q3 25
$1.6B
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.5B
$1.3B
Q4 24
$1.1B
Q3 24
$1.4B
$1.3B
Q2 24
$1.5B
$1.3B
Net Profit
ARDT
ARDT
PTEN
PTEN
Q1 26
$-24.5M
Q4 25
$45.0M
$-9.2M
Q3 25
$-23.5M
$-36.4M
Q2 25
$73.0M
$-49.1M
Q1 25
$41.4M
$1.0M
Q4 24
$-51.4M
Q3 24
$26.3M
$-978.8M
Q2 24
$42.8M
$11.1M
Operating Margin
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
5.8%
-0.0%
Q3 25
-0.1%
-2.4%
Q2 25
7.4%
-2.4%
Q1 25
5.0%
1.3%
Q4 24
-2.7%
Q3 24
3.9%
-73.8%
Q2 24
5.6%
3.4%
Net Margin
ARDT
ARDT
PTEN
PTEN
Q1 26
-2.2%
Q4 25
2.8%
-0.8%
Q3 25
-1.5%
-3.1%
Q2 25
4.4%
-4.1%
Q1 25
2.8%
0.1%
Q4 24
-4.5%
Q3 24
1.8%
-72.9%
Q2 24
2.9%
0.8%
EPS (diluted)
ARDT
ARDT
PTEN
PTEN
Q1 26
$-0.06
Q4 25
$0.32
$-0.01
Q3 25
$-0.17
$-0.10
Q2 25
$0.52
$-0.13
Q1 25
$0.29
$0.00
Q4 24
$-0.10
Q3 24
$0.19
$-2.50
Q2 24
$0.34
$0.03

Balance Sheet & Financial Strength

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

Metric
ARDT
ARDT
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
$709.6M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.3B
$3.2B
Total Assets
$5.3B
$5.4B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
$709.6M
$418.5M
Q3 25
$609.4M
$184.8M
Q2 25
$540.6M
$183.8M
Q1 25
$495.0M
$223.1M
Q4 24
$239.2M
Q3 24
$563.1M
$113.4M
Q2 24
$334.5M
$72.4M
Total Debt
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
$1.1B
$1.2B
Q3 25
$1.1B
$1.2B
Q2 25
$1.1B
$1.2B
Q1 25
$1.1B
$1.2B
Q4 24
$1.2B
Q3 24
$1.1B
$1.2B
Q2 24
$1.1B
$1.2B
Stockholders' Equity
ARDT
ARDT
PTEN
PTEN
Q1 26
$3.2B
Q4 25
$1.3B
$3.2B
Q3 25
$1.2B
$3.2B
Q2 25
$1.3B
$3.3B
Q1 25
$1.2B
$3.4B
Q4 24
$3.5B
Q3 24
$1.0B
$3.6B
Q2 24
$739.9M
$4.6B
Total Assets
ARDT
ARDT
PTEN
PTEN
Q1 26
$5.4B
Q4 25
$5.3B
$5.6B
Q3 25
$5.2B
$5.5B
Q2 25
$5.0B
$5.6B
Q1 25
$4.9B
$5.8B
Q4 24
$5.8B
Q3 24
$4.8B
$6.0B
Q2 24
$4.6B
$7.0B
Debt / Equity
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
0.84×
0.38×
Q3 25
0.88×
0.38×
Q2 25
0.87×
0.37×
Q1 25
0.93×
0.36×
Q4 24
0.36×
Q3 24
1.08×
0.35×
Q2 24
1.46×
0.27×

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
PTEN
PTEN
Operating Cash FlowLast quarter
$223.4M
$63.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.9%
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
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$223.4M
$397.5M
Q3 25
$154.4M
$215.8M
Q2 25
$117.5M
$139.7M
Q1 25
$-24.8M
$208.1M
Q4 24
$315.8M
Q3 24
$89.7M
$296.3M
Q2 24
$197.5M
Free Cash Flow
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
$259.0M
Q3 25
$71.3M
Q2 25
$-4.5M
Q1 25
$46.3M
Q4 24
$175.5M
Q3 24
$115.7M
Q2 24
$67.0M
FCF Margin
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
22.6%
Q3 25
6.1%
Q2 25
-0.4%
Q1 25
3.7%
Q4 24
15.3%
Q3 24
8.6%
Q2 24
5.0%
Capex Intensity
ARDT
ARDT
PTEN
PTEN
Q1 26
4.9%
Q4 25
12.1%
Q3 25
12.3%
Q2 25
11.9%
Q1 25
12.8%
Q4 24
12.2%
Q3 24
13.5%
Q2 24
9.8%
Cash Conversion
ARDT
ARDT
PTEN
PTEN
Q1 26
Q4 25
4.97×
Q3 25
Q2 25
1.61×
Q1 25
-0.60×
207.11×
Q4 24
Q3 24
3.41×
Q2 24
17.83×

Financial Flow Comparison

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

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