Medline Inc. (MDLN) stock

MDLNNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 26, 2026Last filing: 10-Q on Nov 4, 2026Score 2/3066% above fair value

$39.47−0.51 (-1.28%)

Close on Nov 13, 2026Market cap $51.89BP/E –Yield –

Medline statistics

79 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 24, 2027 (estimated, before the open)
Last ex-dividend date: No dividends
Fundamentals through: Sep 26, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $51.89B; $498.53M
Enterprise Value: $68.45B; $433.11M
PS Ratio: 1.69; 2.94
PB Ratio: 4.40; 3.24
P/FCF Ratio: 27.38; 26.31
P/OCF Ratio: 21.79; 21.97

Enterprise valuationIndustry

EV / Sales: 2.23; 2.60
EV / EBITDA: 24.69; 18.41
EV / EBIT: 39.29; 24.14
EV / FCF: 36.12; 27.51

Share statisticsIndustry

Shares Outstanding: 1.31B; 43M
Float: 241M; 37M
Shares Held by Insiders: 81.6%; 10.5%
Shares Held by Institutions: 57.1%; 60.5%

Short sellingIndustry

Short Interest: 38M; –
Short Interest Change: -7.29%; -2.57%
Short % of Float: 15.7%; 5.11%
Short % of Shares Outstanding: 2.88%; 3.98%
Days to Cover: 3.79; 3.94

Stock price statisticsIndustry

52-Week High: $50.88; –
52-Week Low: $31.37; –
20-Day Moving Average: $36.41; –
50-Day Moving Average: $35.28; –
200-Day Moving Average: $39.37; –
Average True Range (14): $1.68; –
Price Change (1 Week): -0.43%; 0.99%
Price Change (1 Month): 7.93%; -3.52%
Price Change (3 Months): 13.2%; -7.86%
Price Change (6 Months): 9.06%; -1.12%
Price Change (YTD): -6.02%; -2.92%
Average Volume (10 Days): 11M; –
Average Volume (20 Days): 11M; –
Average Volume (90 Days): 8M; –
Relative Volume: 1.03; 0.76
Relative Strength Index (14): 60.4; 46.7
Volatility (1 Year): 48.0%; 64.2%

MarginsIndustry

Gross Margin: 25.7%; 55.9%
Operating Margin: 5.68%; -5.12%
Pretax Margin: 3.64%; -2.32%
EBITDA Margin: 9.04%; -2.52%
FCF Margin: 6.18%; 0.65%

Returns on capitalIndustry

Return on Invested Capital (ROIC): 6.57%; -2.83%
Return on Capital Employed (ROCE): 4.70%; -8.13%

Financial positionIndustry

Current Ratio: 4.04; 2.49
Quick Ratio: 2.37; 1.53
Debt / Equity: 1.07; 0.42
Debt / EBITDA: 4.54; 2.23
Debt / FCF: 6.64; 3.62
Net Debt / EBITDA: 3.24; 1.49
Interest Coverage: 2.50; -1.63

EfficiencyIndustry

Asset Turnover: 0.76; 0.59
Inventory Turnover: 4.74; 2.20
Revenue Per Employee: $681.78K; $331.99K
Employee Count: 45,000; 193

Income statement (TTM)Industry

Revenue: $30.68B; $108.17M
Gross Profit: $7.90B; $62.29M
Operating Income: $1.74B; -$3.72M
Pretax Income: $1.12B; -$1.83M
EBITDA: $2.77B; -$1.98M

Balance sheetIndustry

Cash & Short-Term Investments: $3.61B; $38.97M
Total Debt: $12.58B; $96.00M
Net Cash (Debt): -$8.97B; $3.95M
Net Cash Per Share: -$6.82; $0.26
Equity (Book Value): $11.80B; $63.80M
Book Value Per Share: $8.98; $3.26
Tangible Book Value: -$9.65B; $11.61M
Working Capital: $9.52B; $57.32M

Cash flow (TTM)Industry

Operating Cash Flow: $2.38B; -$483.87K
Capital Expenditures: -$486.00M; -$3.94M
Free Cash Flow: $1.90B; -$238.00K
FCF Per Share: $1.44; -$0.00

Dividends and yieldsIndustry

FCF Yield: 3.65%; 0.28%
Buyback Yield: 0.00%; 0.80%
Shareholder Yield: 0.00%; 1.12%

Taxes and interestIndustry

Interest Expense: $698.00M; $5.40M
Income Tax: $242.00M; $1.55M
Effective Tax Rate: 21.6%; 18.0%

Scores and fair valueIndustry

Altman Z-Score: 2.70; 2.47
Beneish M-Score: -2.39; -2.64

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	MDLN	S&P 500	Difference
1 month	+10.6%	-3.0%	+13.6 pts
3 months	+10.9%	-2.8%	+13.7 pts
Year to date	-6.0%	+11.5%	−17.5 pts

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

38M MDLN shares were sold short on Oct 30, 2026, down 7.3% from the previous report, or 15.68% of the shares available to trade. At recent volumes it would take 3.8 days to buy them back. Over the last 20 sessions, 45.1% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	37,840,814	-7.3%	9,984,201	3.8
Oct 15, 2026	40,816,957	-22.5%	7,581,159	5.4
Sep 30, 2026	52,686,646	+27.5%	10,376,673	5.1
Sep 15, 2026	41,309,561	+4.6%	6,421,564	6.4
Aug 31, 2026	39,481,289	+9.2%	6,499,245	6.1
Aug 14, 2026	36,169,194	+4.6%	9,452,114	3.8
Jul 31, 2026	34,562,171	+17.3%	5,050,894	6.8
Jul 15, 2026	29,452,298	-18.9%	6,567,294	4.5
Jun 30, 2026	36,298,239	+31.3%	9,723,307	3.7
Jun 15, 2026	27,643,427	+21.4%	11,849,614	2.3
May 29, 2026	22,771,237	+2.3%	16,831,508	1.4
May 15, 2026	22,266,081	+21.2%	7,842,674	2.8