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

Ardent Health, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.4B, roughly 1.1× Veralto). Veralto runs the higher net margin — 17.9% vs 2.8%, a 15.1% gap on every dollar of revenue.

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

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

ARDT vs VLTO — Head-to-Head

Bigger by revenue
ARDT
ARDT
1.1× larger
ARDT
$1.6B
$1.4B
VLTO
Higher net margin
VLTO
VLTO
15.1% more per $
VLTO
17.9%
2.8%
ARDT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARDT
ARDT
VLTO
VLTO
Revenue
$1.6B
$1.4B
Net Profit
$45.0M
$254.0M
Gross Margin
60.1%
Operating Margin
5.8%
23.8%
Net Margin
2.8%
17.9%
Revenue YoY
6.8%
Net Profit YoY
12.9%
EPS (diluted)
$0.32
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$1.6B
$1.4B
Q3 25
$1.6B
$1.4B
Q2 25
$1.6B
$1.3B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.4B
$1.3B
Q2 24
$1.5B
$1.3B
Net Profit
ARDT
ARDT
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$45.0M
$239.0M
Q3 25
$-23.5M
$222.0M
Q2 25
$73.0M
$225.0M
Q1 25
$41.4M
Q4 24
$227.0M
Q3 24
$26.3M
$219.0M
Q2 24
$42.8M
$203.0M
Gross Margin
ARDT
ARDT
VLTO
VLTO
Q1 26
60.1%
Q4 25
60.1%
Q3 25
60.0%
Q2 25
60.4%
Q1 25
Q4 24
59.6%
Q3 24
59.6%
Q2 24
60.1%
Operating Margin
ARDT
ARDT
VLTO
VLTO
Q1 26
23.8%
Q4 25
5.8%
23.2%
Q3 25
-0.1%
22.8%
Q2 25
7.4%
24.2%
Q1 25
5.0%
Q4 24
22.9%
Q3 24
3.9%
23.4%
Q2 24
5.6%
23.2%
Net Margin
ARDT
ARDT
VLTO
VLTO
Q1 26
17.9%
Q4 25
2.8%
17.0%
Q3 25
-1.5%
16.2%
Q2 25
4.4%
16.9%
Q1 25
2.8%
Q4 24
16.9%
Q3 24
1.8%
16.7%
Q2 24
2.9%
15.8%
EPS (diluted)
ARDT
ARDT
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.32
$0.95
Q3 25
$-0.17
$0.89
Q2 25
$0.52
$0.90
Q1 25
$0.29
Q4 24
$0.91
Q3 24
$0.19
$0.88
Q2 24
$0.34
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARDT
ARDT
VLTO
VLTO
Q1 26
Q4 25
$709.6M
$1.8B
Q3 25
$609.4M
$1.6B
Q2 25
$540.6M
$1.2B
Q1 25
$495.0M
Q4 24
$1.1B
Q3 24
$563.1M
$1.3B
Q2 24
$334.5M
$1.0B
Total Debt
ARDT
ARDT
VLTO
VLTO
Q1 26
Q4 25
$1.1B
$2.7B
Q3 25
$1.1B
$2.7B
Q2 25
$1.1B
$2.6B
Q1 25
$1.1B
Q4 24
$2.6B
Q3 24
$1.1B
$2.6B
Q2 24
$1.1B
$2.6B
Stockholders' Equity
ARDT
ARDT
VLTO
VLTO
Q1 26
Q4 25
$1.3B
$2.8B
Q3 25
$1.2B
$2.7B
Q2 25
$1.3B
$2.3B
Q1 25
$1.2B
Q4 24
$2.0B
Q3 24
$1.0B
$2.0B
Q2 24
$739.9M
$1.7B
Total Assets
ARDT
ARDT
VLTO
VLTO
Q1 26
Q4 25
$5.3B
$7.4B
Q3 25
$5.2B
$7.2B
Q2 25
$5.0B
$6.6B
Q1 25
$4.9B
Q4 24
$6.4B
Q3 24
$4.8B
$6.3B
Q2 24
$4.6B
$5.9B
Debt / Equity
ARDT
ARDT
VLTO
VLTO
Q1 26
Q4 25
0.84×
0.94×
Q3 25
0.88×
1.01×
Q2 25
0.87×
1.14×
Q1 25
0.93×
Q4 24
1.28×
Q3 24
1.08×
1.35×
Q2 24
1.46×
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$223.4M
$182.0M
Free Cash FlowOCF − Capex
$170.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
4.97×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARDT
ARDT
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$223.4M
$270.0M
Q3 25
$154.4M
$339.0M
Q2 25
$117.5M
$157.0M
Q1 25
$-24.8M
Q4 24
$285.0M
Q3 24
$89.7M
$224.0M
Q2 24
$251.0M
Free Cash Flow
ARDT
ARDT
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$258.0M
Q3 25
$323.0M
Q2 25
$142.0M
Q1 25
Q4 24
$263.0M
Q3 24
$215.0M
Q2 24
$240.0M
FCF Margin
ARDT
ARDT
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.4%
Q3 25
23.6%
Q2 25
10.7%
Q1 25
Q4 24
19.6%
Q3 24
16.4%
Q2 24
18.6%
Capex Intensity
ARDT
ARDT
VLTO
VLTO
Q1 26
0.8%
Q4 25
0.9%
Q3 25
1.2%
Q2 25
1.1%
Q1 25
Q4 24
1.6%
Q3 24
0.7%
Q2 24
0.9%
Cash Conversion
ARDT
ARDT
VLTO
VLTO
Q1 26
0.72×
Q4 25
4.97×
1.13×
Q3 25
1.53×
Q2 25
1.61×
0.70×
Q1 25
-0.60×
Q4 24
1.26×
Q3 24
3.41×
1.02×
Q2 24
1.24×

Financial Flow Comparison

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

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