What is Medline, Inc. 's net debt / EBITDA?

Medline, Inc. (MDLN) reported net debt / EBITDA of 5.3× in Q4 2024.

What does net debt / EBITDA mean?

How many years of operating earnings it would take to pay off the company's net debt.

How do you interpret net debt / EBITDA?

Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.

How does net debt / EBITDA compare across companies?

A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.

Medline, Inc. MDLN Net debt / EBITDA

Net debt / EBITDA at other companies

Becton, Dickinson and CompanyBDX

2.9×-1.0×

Cardinal HealthCAH

1.5×+0.1×

McKessonMCK

-0.3×-0.9×

StrykerSYK

1.9×-1.3×

West Pharmaceutical ServicesWST

-0.2×+0.8×

GE HealthCare TechnologiesGEHC

3.3×+0.5×

Other financials

Income statement

See full

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

See full

Cash & equivalents$2.2B+166%

Total debt$12.6B—

Total equity$11.3B—

Total assets$39.0B—

Cash flow

See full

Operating cash flow$412.0M-39.6%

CapEx$96.0M-2.0%

Free cash flow$316.0M-45.9%

Valuation

See full

Market cap$30.8B—

Enterprise value$41.12B—

P/E36.6×—

P/S1.2×—

Profitability

See full

Gross margin27.4%+1.5pp

Operating margin8.5%+2.3pp

Net margin4.6%+2.7pp

Returns & leverage

See full

Return on equity7.7%—

Debt / equity1.1×—

Current ratio4.4×—

Where this comes from

Calculated from Medline, Inc. ’s reported figures.

net debt/ebitda=5.3×

Based on the most recent quarter.

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

Ask your AI about Medline, Inc. 's net debt / ebitda.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Medline, Inc. 's net debt / EBITDA?: Medline, Inc. (MDLN) reported net debt / EBITDA of 5.3× in Q4 2024.
What does net debt / EBITDA mean?: How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?: Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?: A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.