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Medline Inc. (MDLN) Stock Fundamental Analysis & AI Rating 2026

MDLN Nasdaq Surgical & Medical Instruments & Apparatus DE CIK: 0002046386
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-28
Combined AI Rating
SELL
55% Confidence
N/A
SELL
55% Conf
Pending
Analysis scheduled

📊 MDLN Key Takeaways

Revenue: $7.4B
Net Margin: 1.8%
Free Cash Flow: $316.0M
Current Ratio: 4.41x
Debt/Equity: 1.11x
EPS: $0.16
AI Rating: SELL with 55% confidence
Medline Inc. (MDLN) receives a SELL rating with 55% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $7.4B, net profit margin of 1.8%, and return on equity (ROE) of 1.2%, Medline Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete MDLN stock analysis for 2026.

Is Medline Inc. (MDLN) a Good Investment?

Claude

Despite strong 11.5% revenue growth, Medline's profitability is deteriorating with net income declining YoY and a critically thin net margin of 1.8%. The company's exceptionally poor returns (1.2% ROE, 0.3% ROA) combined with elevated leverage ($12.5B debt on $11.3B equity) indicate fundamental operational challenges that are eroding shareholder value even as top-line expands.

Why Buy Medline Inc. Stock? MDLN Key Strengths

Claude
  • + Strong revenue growth of 11.5% YoY demonstrates market demand in medical instruments sector
  • + Excellent liquidity position with 4.41x current ratio and 2.51x quick ratio providing financial flexibility
  • + Positive free cash flow of $316M (4.3% FCF margin) shows cash generation capability despite thin net margins

MDLN Stock Risks: Medline Inc. Investment Risks

Claude
  • ! Net income declined 0.9% YoY despite 11.5% revenue growth, signaling severe margin compression and operational distress
  • ! Critically low net margin of 1.8% and net profit of only $132M on $7.4B revenue indicates pricing pressure or cost control issues
  • ! Elevated debt-to-equity ratio of 1.11x ($12.5B debt) combined with minimal profitability creates refinancing and solvency risk
  • ! Abysmal returns on equity (1.2%) and assets (0.3%) demonstrate inefficient capital deployment destroying shareholder value

Key Metrics to Watch

Claude
  • * Operating margin trend - critical to determine if 5.7% can stabilize or will compress further
  • * Net income trajectory - must return to growth to justify debt burden and asset base
  • * Debt service coverage ratio - essential given high leverage and thin profitability
  • * Return on equity progression - needs substantial improvement toward 10%+ to justify equity investment

Medline Inc. (MDLN) Financial Metrics & Key Ratios

Revenue
$7.4B
Net Income
$132.0M
EPS (Diluted)
$0.16
Free Cash Flow
$316.0M
Total Assets
$39.0B
Cash Position
$2.2B

💡 AI Analyst Insight

The relatively thin 4.3% FCF margin may limit capital allocation flexibility. Strong liquidity with a 4.41x current ratio provides a solid financial cushion.

MDLN Profit Margin, ROE & Profitability Analysis

Gross Margin 25.0%
Operating Margin 5.7%
Net Margin 1.8%
ROE 1.2%
ROA 0.3%
FCF Margin 4.3%

MDLN vs Healthcare Sector: How Medline Inc. Compares

How Medline Inc. compares to Healthcare sector averages

Net Margin
MDLN 1.8%
vs
Sector Avg 12.0%
MDLN Sector
ROE
MDLN 1.2%
vs
Sector Avg 15.0%
MDLN Sector
Current Ratio
MDLN 4.4x
vs
Sector Avg 2.0x
MDLN Sector
Debt/Equity
MDLN 1.1x
vs
Sector Avg 0.6x
MDLN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Medline Inc. Stock Overvalued? MDLN Valuation Analysis 2026

Based on fundamental analysis, Medline Inc. shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
1.2%
Sector avg: 15%
Net Profit Margin
1.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.11x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Medline Inc. Balance Sheet: MDLN Debt, Cash & Liquidity

Current Ratio
4.41x
Quick Ratio
2.51x
Debt/Equity
1.11x
Debt/Assets
50.4%
Interest Coverage
N/A
Long-term Debt
$12.5B

MDLN Revenue & Earnings Growth: 5-Year Financial Trend

MDLN 5-year financial data: Year 2025: Revenue $28.4B, Net Income $1.2B, EPS $-0.01.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Medline Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.01 indicates the company is currently unprofitable.

MDLN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.3%
Free cash flow / Revenue

MDLN Quarterly Earnings & Performance

Quarterly financial performance data for Medline Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $6.6B $319.0M $0.16

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Medline Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$412.0M
Cash generated from operations
Capital Expenditures
$96.0M
Investment in assets
Dividends
None
No dividend program

MDLN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Medline Inc. (CIK: 0002046386)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 10-Q mdln-20260328.htm View →
May 6, 2026 8-K mdln-20260506.htm View →
Apr 23, 2026 DEF 14A tm263945-7_def14a.htm View →
Mar 12, 2026 4 xslF345X05/ownership.xml View →
Mar 12, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about MDLN

What is the AI rating for MDLN?

Medline Inc. (MDLN) has an AI rating of SELL with 55% confidence, based on fundamental analysis of SEC EDGAR filings.

What are MDLN's key strengths?

Claude: Strong revenue growth of 11.5% YoY demonstrates market demand in medical instruments sector. Excellent liquidity position with 4.41x current ratio and 2.51x quick ratio providing financial flexibility.

What are the risks of investing in MDLN?

Claude: Net income declined 0.9% YoY despite 11.5% revenue growth, signaling severe margin compression and operational distress. Critically low net margin of 1.8% and net profit of only $132M on $7.4B revenue indicates pricing pressure or cost control issues.

What is MDLN's revenue and growth?

Medline Inc. reported revenue of $7.4B.

Does MDLN pay dividends?

Medline Inc. does not currently pay dividends.

Where can I find MDLN SEC filings?

Official SEC filings for Medline Inc. (CIK: 0002046386) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MDLN's EPS?

Medline Inc. has a diluted EPS of $0.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MDLN a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Medline Inc. has a SELL rating with 55% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is MDLN stock overvalued or undervalued?

Valuation metrics for MDLN: ROE of 1.2% (sector avg: 15%), net margin of 1.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy MDLN stock in 2026?

Our dual AI analysis gives Medline Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MDLN's free cash flow?

Medline Inc.'s operating cash flow is $412.0M, with capital expenditures of $96.0M. FCF margin is 4.3%.

How does MDLN compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 1.8% (avg: 12%), ROE 1.2% (avg: 15%), current ratio 4.41 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-28 | Powered by Claude AI