What is Medline, Inc. 's current ratio?

Medline, Inc. (MDLN) reported current ratio of 4.4× in Q1 2026.

What does current ratio mean?

Whether the company has enough short-term assets to cover its short-term bills.

How do you interpret current ratio?

Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.

How does current ratio compare across companies?

Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.

Medline, Inc. MDLN Current ratio

Current ratio at other companies

Becton, Dickinson and CompanyBDX

0.9×-0.2×

Cardinal HealthCAH

0.9×0.0×

McKessonMCK

0.9×0.0×

StrykerSYK

2.1×+0.5×

West Pharmaceutical ServicesWST

2.7×-0.1×

GE HealthCare TechnologiesGEHC

1.2×+0.2×

Other financials

Income statement

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Revenue$7.4B+10.7%

Gross profit$1.8B+0.9%

Operating income$422.0M-26.1%

Net income$239.0M-25.1%

EPS (diluted)$0.16—

Balance sheet

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Cash & equivalents$2.2B+166%

Total debt$12.6B—

Total equity$11.3B—

Total assets$39.0B—

Cash flow

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Operating cash flow$412.0M-39.6%

CapEx$96.0M-2.0%

Free cash flow$316.0M-45.9%

Valuation

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Market cap$30.8B—

Enterprise value$41.12B—

P/E36.6×—

P/S1.2×—

Profitability

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Gross margin27.4%+1.5pp

Operating margin8.5%+2.3pp

Net margin4.6%+2.7pp

Returns & leverage

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Return on equity7.7%—

Debt / equity1.1×—

Where this comes from

Calculated from Medline, Inc. ’s reported figures.

total current assets/total current liabilities=4.4×

Based on the most recent quarter.

The official record: Medline, Inc. ’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medline, Inc. 's current ratio?: Medline, Inc. (MDLN) reported current ratio of 4.4× in Q1 2026.
What does current ratio mean?: Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?: Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?: Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.