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Medline, Inc. MDLN Supply Chain Solutions — Segment adjusted EBITDA

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Other financials

Income statement

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Revenue$7.7B+11.6%
Gross profit$2.2B+16.3%
Operating income$395.0M-38.5%
Net income$139.0M-57.8%
EPS (diluted)$0.07

Balance sheet

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Cash & equivalents$2.3B+299%
Total debt$12.6B
Total equity$11.6B
Total assets$39.4B

Cash flow

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Operating cash flow$715.0M+263%
CapEx$111.0M+0.9%
Free cash flow$604.0M+594%

Valuation

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Market cap$31B-0.3%
Enterprise value$41.29B
P/E34.9×
P/S1.1×

Profitability

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Gross margin27.5%+1.1pp
Operating margin8.7%+1.7pp
Net margin4.7%+1.8pp
FCF margin5.2%-0.6pp

Returns & leverage

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Return on equity7.8%
Debt / equity1.1×
Current ratio4.3×

Where this comes from

Reported directly by Medline, Inc. in its filing.

Tagged under the XBRL concept mdln:SegmentAdjustedEBITDA.

The source filing: Medline, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:48 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0002046386-26-000051
(in millions)Three months ended / June 27, 2026Three months ended / June 28, 2025Six months ended / June 27, 2026Six months ended / June 28, 2025
Consolidated net sales to external customers$7,685$6,886$15,037$13,530
Segment Adjusted EBITDA:
Medline Brand$1,067$890$1,832$1,720
Supply Chain Solutions204201391383
Total segment adjusted EBITDA1,2711,0912,2232,103
Corporate & Other(211)(156)(387)(300)
Interest expense, net(119)(223)(255)(433)
Depreciation and amortization(256)(250)(510)(497)

Item 1 - Financial Statements

FAQ

What is Medline, Inc.'s supply chain solutions — segment adjusted EBITDA?
Medline, Inc. (MDLN) reported supply chain solutions — segment adjusted EBITDA of $204M in Q2 2026.
How has Medline, Inc.'s supply chain solutions — segment adjusted EBITDA changed year-over-year?
Medline, Inc.'s supply chain solutions — segment adjusted EBITDA increased by 1.5% year-over-year, from $201M to $204M.
What does supply chain solutions — segment adjusted EBITDA mean?
Measures the operational profitability of the supply chain solutions segment by excluding interest, taxes, depreciation, amortization, and other non-recurring or non-cash items. This metric provides a normalized view of the segment's ability to generate cash from its core distribution and logistics activities. It is a key indicator of operational efficiency and underlying business health.

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