YouTube · Q3 FY2026 · 2026-08-08
MDLN · NasdaqGS
Medline Inc.
Medical Instruments & Supplies · United States
- Market cap (USD)
- US$42.57B
- Trailing P/E
- 39.55x
- Forward P/E
- 19.95x
- Quarterly revenue growth
- 11.6%
- Trailing net margin
- 2.3%
- Indicated dividend yield
- —
Snapshot 2026-09-21 · Latest financial period 2026-06-27 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-04 (provider estimate, not issuer-confirmed).
Company background
Medline Inc. manufactures med-surg products serving the hospital, surgery centers, physician offices, post-acute facilities, and nursing home sites of care in the United States and Internationally. It operates through two segments: Medline Brand and Supply Chain Solutions. The Medline Brand segment procures and manufactures products from three product categories include surgical solutions, front line care, and laboratory and diagnostics. Its front line care offers med-surg products for patient-facing needs, including wound care products, exam gloves, skin care and incontinence products, environment cleaning supplies, textiles, hand sanitizer, durable medical equipment, patient plastics, and decolonization and infection control products. Its surgical solutions provide operating room and perioperative environment product solutions, including surgical procedure trays, drapes and gowns, personal protective equipment, sterile wraps, surgical instruments, surgeon's gloves, procedure kits, and orthopedic implants. Its laboratory and diagnostics offer laboratory and diagnostic product solutions, including point of care testing, analyzers and instrumentation, lab and diagnostic consumables, diagnostic instruments, vital signs monitors, and anatomic pathology and phlebotomy products. It provides its products to domestic and international consumers. The Supply Chain Solutions segment procures and distributes a variety of third-party products from national brands. It provides logistics and supply chain optimization services to domestic and international consumers. It also provides supply chain optimization services, such as consulting engagements, outsourced warehouse and technology management, put-away-ready packaging, third-party logistics, inventory rationalization, and route planning. The company was founded in 1966 and is based in Northfield, Illinois.
Company websiteQ2 2026
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Comparable businesses
MDLN peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | MDLNMedline Inc.Snapshot 2026-09-21Financial period: 2026-06-27 | BDXBecton, Dickinson and CompanySnapshot 2026-09-20Financial period: 2026-06-30 | ALCAlcon Inc.Snapshot 2026-09-21Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$42.57B | US$49.29B | US$31.44B | US$40.36Bn=2 |
| Forward P/EProvider forward earnings estimate | 19.95x | 13.61x | 16.35x | 14.98xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 17.95x | 10.68x | 14.68x | 12.68xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 11.6% | 5.4% | 8.7% | 7.0%n=2 |
| Operating marginLatest reported quarter | 0.8% | 15.7% | 14.6% | 15.2%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 2.0% | 9.1% | 4.0% | 6.6%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | 3.95x | 2.63x | 1.60x | 2.11xn=2 |
| Debt / equityTotal debt / positive book equity | 0.66x | 0.69x | 0.25x | 0.47xn=2 |
| Trailing P/ETrailing twelve-month earnings | 39.55x | 31.36x | 49.65x | 40.50xn=2 |
| Price / bookPrice / positive book equity per share | 2.40x | 2.02x | 1.46x | 1.74xn=2 |
| EV / salesEnterprise value / trailing revenue | 1.51x | 2.91x | 3.25x | 3.08xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | 262.0% | -31.4% | — | — |
| Gross marginTrailing twelve months | 25.1% | 46.9% | 57.2% | 52.1%n=2 |
| Net marginTrailing twelve months | 2.3% | 4.2% | 5.9% | 5.1%n=2 |
| Return on equityProvider trailing return; positive equity only | 4.9% | 6.6% | 2.9% | 4.8%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 2.8% | 19.9% | 11.7% | 15.8%n=2 |
| Dividend yieldIndicated annual dividend / price | — | 2.3% | 0.6% | 1.4%n=2 |
| Earnings payoutProvider trailing dividend payout | 0.0% | 72.5% | 27.0% | 49.8%n=2 |
| Current ratioCurrent assets / current liabilities | 4.33x | 0.86x | 2.09x | 1.48xn=2 |
| BetaProvider historical market sensitivity | — | 0.28 | 0.70 | 0.49n=2 |
YouTube · Q3 FY2026 · 2026-08-08
YouTube · Q2 2026 · 2026-08-13
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-21. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for MDLN
Q2 20262026-08-05
Medline (MDLN): They Beat By 52%. The Beat Was A Tariff Refund.
Presentation · 2026-08-05 · YouTube
Short takes Q2 2026
Medline Beat By 52%. The Beat Was A Tariff Refund. #MDLN
Watch Short on YouTube