Ardent Health Partners Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
ARDT$17.93-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Income Statements for the Years Ended
CONSOLIDATED INCOME STATEMENTS
(Dollars in thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Total revenue | $5,966,072 | $5,409,483 | $5,129,687 |
| Expenses: | |||
| Salaries and benefits | 2,534,756 | 2,384,062 | 2,411,677 |
| Professional fees | 1,097,119 | 980,270 | 736,299 |
| Supplies | 1,033,122 | 993,405 | 955,168 |
| Rents and leases | 103,577 | 97,444 | 93,047 |
| Rents and leases, related party | 149,229 | 145,880 | 130,657 |
| Other operating expenses | 496,219 | 451,737 | 464,413 |
| Government stimulus income | — | (8,463) | (16,775) |
| Interest expense | 65,578 | 74,305 | 72,582 |
| Interest expense, related party | — | — | 9,470 |
| Depreciation and amortization | 146,288 | 140,842 | 138,173 |
| Loss on extinguishment and modification of debt | 3,388 | — | — |
| Other non-operating gains | (26,264) | (1,613) | (18,694) |
| Other non-operating gains, related party | — | — | (157,808) |
| Total operating expenses | 5,603,012 | 5,257,869 | 4,818,209 |
| Income before income taxes | 363,060 | 151,614 | 311,478 |
| Income tax expense | 63,352 | 22,637 | 46,107 |
| Net income | 299,708 | 128,977 | 265,371 |
| Net income attributable to noncontrolling interests | 89,365 | 75,073 | 76,462 |
| Net income attributable to Ardent Health Partners, Inc. | $210,343 | $53,904 | $188,909 |
| Net income per share: | |||
| Basic | $1.59 | $0.43 | $1.50 |
| Diluted | $1.58 | $0.43 | $1.50 |
| Weighted-average common shares outstanding: | |||
| Basic | 132,439,695 | 126,115,301 | 126,115,301 |
| Diluted | 132,744,577 | 126,115,301 | 126,115,301 |
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