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Medline, Inc. MDLN Gross margin

Gross margin at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
46.8%+2.5pp
Cardinal Health logo
Cardinal HealthCAH
3.8%+0.2pp
McKesson logo
McKessonMCK
3.6%-0.1pp
Stryker logo
StrykerSYK
63.8%-0.1pp
West Pharmaceutical Services logo
West Pharmaceutical ServicesWST
36.3%+1.7pp
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
39.1%-2.9pp

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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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 gross margin?
Medline, Inc. (MDLN) reported gross margin of 27.4% in Q1 2025.
How has Medline, Inc. 's gross margin changed year-over-year?
Medline, Inc. 's gross margin increased by 5.8% year-over-year, from 25.9% to 27.4%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.