Medline Inc.

MDLN Healthcare Medical Instruments & Supplies

Medline Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.4 billion, up 11.5% from fiscal 2024.

Revenue
+14.1%
Free cash flow
+916.1%
Total debt
−23.7%

Quarter to September 2026, against a year earlier

38.99 0.77 −1.94%
Market cap
$52.3B
P/E
58.4×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
2.25
Beneish M
−2.38
Dividend safety
n/a

Medline Inc. (MDLN) Net margin

Alert me on Net margin

Medline Inc.'s net margin over the twelve months to 30 September 2026 was 1.84%, down 2.2 percentage points from fiscal 2025 (4.08%). That is above the Medical Instruments & Supplies industry median of 0.00% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 4.08% (0.62)
FY2024 4.70% 3.69
FY2023 1.01% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 2.48% 1.70
Jun 2026 0.78% (0.97)
Mar 2026 1.75% (0.59)
Dec 2025 2.34% (2.50)
2 more quarters

Net margin against peers

Company Net margin
RMD ResMed Inc. compare 27.8%
ISRG Intuitive Surgical, Inc. compare 25.5%
WST West Pharmaceutical Services, Inc. compare 18.8%
COO The Cooper Companies, Inc. compare 13.5%
ALC Alcon compare 5.92%
BDX Becton, Dickinson and Company compare 4.52%
SOLV Solventum Corporation compare 1.91%
MDLN Medline Inc. 1.84%
BAX Baxter International Inc. compare −6.23%
Medical Instruments & Supplies industry median 0.00%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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