Companies /Healthcare

Medline Inc. Class A Common Stock

NASDAQ: MDLN Medical Instruments & Supplies
$41.13
▲ $0.22 (+0.54%) today
Markets open · 9:52am ET

MDLN at a Glance

Valuation
Market cap
$53.8B
P/E ratio
93.0
Profitability
Revenue (TTM)
$30.7B
Profit margin
1.9%
EPS (TTM)
$0.44
Price
52-week range
$31 – $51
Street target
$45.31

Headquartered in Northfield, IL Fiscal year ends December NASDAQ: MDLN medline.com

About Medline

Medline Inc. (Nasdaq: MDLN) describes itself as the largest provider of medical-surgical products and supply chain solutions serving all points of care, including hospitals and other healthcare providers. It operates two reporting segments:
- **Medline Brand:** its own manufactured and sourced med-surg products, including kitting, which carries higher margins.
- **Supply Chain Solutions:** distribution of third-party products through Prime Vendor relationships and its distribution network, which carries lower margins.

Medline relies on Group Purchasing Organizations and large healthcare provider customers. It employs more than 45,000 people and operates in more than 100 countries.

The company went public via an IPO and operates under an Up-C structure with Class A and Class B shares and Medline Holdings, LP units. That structure gives rise to noncontrolling interests and a tax receivable agreement liability.

Recent developments include:
- IEEPA tariff refunds following a February 2026 U.S. Supreme Court ruling
- a fire at its Tracy, California distribution center
- FDA remediation and quality initiatives
- investment in distribution automation and new distribution centers
- debt reduction
- a new $1 billion share repurchase program Updated

Latest Activity

MDLNMedline
Q3 2026
EPS
$0.44
est $0.35+27.1%
Revenue
$7.86B
est $7.72B+1.8%

Medline raised its full-year organic sales growth outlook to 10.0%-10.5% from 9.0%-10.0% after beating EPS expectations by 27%. $81 million of net IEEPA tariff refund benefits landed in the quarter while gross margin narrowed to 24.5% from 26.4% a year earlier.

Quarterly EPS — reported vs estimate

MDLN Coverage

Frequently Asked Questions

What does Medline do?

Medline Inc. (Nasdaq: MDLN) describes itself as the largest provider of medical-surgical products and supply chain solutions serving all points of care, including hospitals and other healthcare providers.

What is the MDLN stock price target?

The Wall Street consensus 12-month price target for MDLN is $45.31.