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

39.96 0.39 −0.97%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Medline Inc. (MDLN) trades at a price to free cash flow of 11.3×. Over the past ten years it has ranged from 0.0× (December 2025) to 17.3× (April 2026); the current reading is higher than 39% of that period. That is below the Medical Instruments & Supplies industry median of 23.5× and below the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 10.1× —
FY2024 0.0× —
FY2023 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 9.8× (33.15%)
Jun 2026 14.7× (8.06%)
Mar 2026 16.0× 58.68%
Dec 2025 10.1× —
2 more quarters

Against its own ten years

Low 0.0× High 17.3×
Ten-year median 12.4×
Current reading's percentile 39

Price to free cash flow against peers

Company Price to free cash flow
SOLV Solventum Corporation compare n/m
MDLN Medline Inc. 11.3×
BAX Baxter International Inc. compare 11.6×
COO The Cooper Companies, Inc. compare 18.1×
BDX Becton, Dickinson and Company compare 18.3×
RMD ResMed Inc. compare 21.5×
ALC Alcon compare 23.3×
ISRG Intuitive Surgical, Inc. compare 44.6×
WST West Pharmaceutical Services, Inc. compare 61.5×
Medical Instruments & Supplies industry median 23.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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