Medline Inc.

NasdaqGS:MDLN Stock Report

Market Cap: US$47.3b

Medline Past Earnings Performance

Past criteria checks 2/6

Medline has been growing earnings at an average annual rate of 44.2%, while the Medical Equipment industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 12.2% per year. Medline's return on equity is 5.6%, and it has net margins of 3.3%.

Key information

44.23%

Earnings growth rate

1,519.14%

EPS growth rate

Medical Equipment Industry Growth8.90%
Revenue growth rate12.17%
Return on equity5.55%
Net Margin3.32%
Last Earnings Update28 Mar 2026

Recent past performance updates

Recent updates

New Narrative May 14

Prime Vendor Contracts And Automation Investments Will Reshape Long Term Earnings Profile

Catalysts About Medline Medline is a vertically integrated manufacturer and distributor of medical supplies and supply chain services for health care providers across acute, non-acute and international markets. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Apr 03

Medline: A Lack Of Compelling Risk-Reward Makes Me Cautious

Summary Medline delivered strong Q4 momentum and 2025 sales growth, but recent margin pressure has left profits largely flat. Medline guides for 8-9% organic sales growth and modest adjusted EBITDA gains in 2026, yet margin compression remains a material concern. Selling shareholders, including Blackstone and Carlyle, recently offloaded a significant stake post lock-up, highlighting valuation sensitivity. At $44 per share, Medline trades at 31-33x forward earnings, a demanding multiple given segment margin discrepancies and leverage. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Medline makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:MDLN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Mar 2629,1409664,7290
31 Dec 2528,4321,1594,5670
27 Sep 2527,4291,2664,4660
28 Jun 2526,7021,2684,3380
29 Mar 2525,9841,2294,2190
31 Dec 2425,5071,2004,1080
31 Dec 2323,2312343,8670
31 Dec 2221,448-253,6760

Quality Earnings: MDLN has high quality earnings.

Growing Profit Margin: MDLN's current net profit margins (3.3%) are lower than last year (4.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MDLN's earnings have grown significantly by 44.2% per year over the past 5 years.

Accelerating Growth: MDLN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MDLN had negative earnings growth (-21.3%) over the past year, making it difficult to compare to the Medical Equipment industry average (15.7%).


Return on Equity

High ROE: MDLN's Return on Equity (5.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 21:43
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/28
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Medline Inc. is covered by 29 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric ColdwellBaird
Glen SantangeloBarclays
Lee HambrightBernstein