Medline Inc. Class A Common Stock

Medline Inc. Class A Common Stock

MDLN · NASDAQ · Healthcare / Medical Instruments & Supplies

39.47USD-0.51 (-1.28%)

Price History

Full chart

Market Stats

Previous Close39.98
Open40.22
Day Range38.91 – 40.54
52-Week Range31.37 – 50.88
Volume7.77M
Market Cap52.61B
P/E (TTM)90.86
Forward P/E26.53
EPS0.44
Dividend Yield0.00%
50-Day Avg35.15
200-Day Avg39.42

About

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 Details

  • SectorHealthcare
  • IndustryMedical Instruments & Supplies
  • CEOMr. James M. Boyle
  • Employees45.00K
  • Headquarters3 Lakes Drive, Northfield, IL, United States, 60093, USA
  • Websitehttps://www.medline.com

Leadership

  • Mr. James M. BoyleCEO & Director · b. 1972
  • Mr. Michael B. DrazinChief Financial Officer · b. 1975
  • Mr. Douglas P. GolwasChief Commercial Officer · b. 1969
  • Ms. Jessi L. CorcoranChief Accounting Officer · b. 1983
  • Mr. Marshall LancasterChief Information Officer
  • Ms. Karen M. KingGlobal Head Investor Relations
  • Mr. Alex M. LibermanChief Legal Officer · b. 1965
  • Mr. Ben FoxVice President of Corporate Communications
  • Ms. Jenny LeeChief Marketing Officer
  • Mr. Christopher P. ShryockChief Human Resources Officer · b. 1982

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue21.45B23.23B25.51B28.43B
Growth (%)-+8.31%+9.80%+11.47%
Cost of Revenue16.89B18.01B19.22B20.91B
Gross Profit4.56B5.22B6.29B7.52B
Gross Margin21.25%22.48%24.66%26.44%
Operating Expense3.69B3.78B4.07B5.31B
Operating Income870.00M1.44B2.23B2.21B
Operating Margin4.06%6.22%8.72%7.78%
EBITDA1.85B2.59B3.53B2.26B
EBITDA Margin8.64%11.15%13.85%7.95%
Net Income-25.00M234.00M1.20B1.16B
Net Income Margin-0.12%1.01%4.70%4.08%
R&D58.00M60.00M67.00M-
R&D as % of Total Revenue0.27%0.26%0.26%-
Interest Expense911.00M1.38B1.31B812.00M
Interest Expense % of Total Revenue4.25%5.92%5.13%2.86%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets-36.12B35.98B38.48B
Total Liabilities-19.14B19.45B19.20B
Total Equity-16.98B16.52B10.74B
Cash-1.58B250.00M1.94B
Total Debt-16.83B16.90B12.56B
Net Debt-15.24B16.65B10.62B

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow187.00M1.69B1.77B1.74B
Investing Cash Flow-264.00M-312.00M-1.49B-474.00M
Financing Cash Flow-84.00M-191.00M-1.61B399.00M
Capital Expenditure254.00M285.00M364.00M447.00M
Free Cash Flow-67.00M1.40B1.41B1.30B
Dividends Paid-114.00M-518.00M
FCF to OCF-35.83%83.09%79.42%74.37%
Dividend Paid to FCF-8.14%-39.94%

Earnings

Report DateDec 3, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate-0.240.290.300.32
EPS Actual0.310.380.330.470.42
Surprise-58.33%13.79%56.67%31.25%
Timing-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap52.61B
Enterprise Value46.08B
Trailing P/E90.86
Forward P/E26.53
Price / Sales1.71
Price / Book3.14
EPS0.44
Book Value13.43
Revenue (TTM)30.68B
Gross Profit (TTM)7.49B
EBITDA2.70B
Profit Margin1.85%
Operating Margin5.43%
Return on Equity4.84%
Return on Assets2.70%
Shares Outstanding878.66M
Shares Float382.03M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 27 analystsTarget 45.35
  • Strong Buy
    16
  • Buy
    7
  • Hold
    4

Ownership Breakdown

Institutions
112.30%
Insiders
0.26%
Retail / Other
0.00%

Top Institutional Holders

  • The Carlyle Group Inc
    187.08M21.28%
  • H&F Corporate Investors X, Ltd.
    70.87M8.06%
  • FMR Inc
    46.96M5.34%
  • Capital Research Global Investors
    39.96M4.55%
  • Amvescap Plc.
    38.35M4.36%
  • BlackRock Inc
    26.39M3.00%
  • Morgan Stanley - Brokerage Accounts
    21.61M2.46%
  • Lone Pine Capital LLC
    20.97M2.39%
  • Massachusetts Financial Services Company
    19.89M2.26%
  • Vanguard Capital Management, LLC
    17.82M2.03%
  • Vanguard Portfolio Management, LLC
    16.78M1.91%
  • Egerton Capital LLP
    16.47M1.87%
  • Jupiter Topco LLC
    15.86M1.80%
  • DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main
    11.96M1.36%
  • Baillie Gifford & Co Limited.
    11.34M1.29%

Top Fund Holders

  • American Funds AMCAP A
    18.78M2.14%
  • Vanguard MStar Total Stk Mkt Idx Invest
    18.12M2.06%
  • Fidelity Contrafund
    14.60M1.66%
  • American Funds Growth Fd of Amer A
    13.85M1.58%
  • Vanguard MStar Mid Cap Index Instl
    12.21M1.39%