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Medline, Inc. MDLN Free cash flow margin

Free cash flow margin at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
16.4%
Cardinal Health logo
Cardinal HealthCAH
1.7%+0.6pp
McKesson logo
McKessonMCK
1.4%-0.1pp
Stryker logo
StrykerSYK
18.1%+2.7pp
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
14.2%+3.6pp
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
7.2%

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$30.39B
Enterprise value$40.71B
P/E36.1×
P/S1.1×

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×
Current ratio4.4×

Where this comes from

Calculated from Medline, Inc. ’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Medline, Inc. (MDLN) reported free cash flow margin of 6.4% in Q1 2025.
How has Medline, Inc. 's free cash flow margin changed year-over-year?
Medline, Inc. 's free cash flow margin increased by 7.7% year-over-year, from 5.9% to 6.4%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.