Medline (MDLN)
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Medline Inc. is a major US healthcare supplier focused on medical-surgical products, logistics, and supply chain services for hospitals, health systems, physician offices, surgery centers, long-term care facilities, and other clinical settings. The company’s role extends beyond product distribution: for many customers it acts as a prime vendor, consolidating purchasing, warehousing, delivery, and inventory support across broad categories of medical supplies.
Medline sells a large catalogue of proprietary products under the Medline brand, spanning areas such as front-line patient care, surgical products, infection prevention, laboratory and diagnostics, and other everyday clinical consumables. It also distributes third-party items sourced from a wide vendor base, giving healthcare providers a single channel for both branded and externally manufactured products. This breadth is important in a sector where reliability, availability, and cost control are central to hospital operations.
The company’s scale is one of its defining features. Medline operates an extensive manufacturing and distribution footprint, supported by more than 30 manufacturing facilities and a large owned truck fleet that enables direct delivery to customers. Most of its revenue comes from the United States, where it works with some of the country’s largest health systems and benefits from deep relationships in the medical-surgical supply market.
Medline became a public company in December 2025, giving investors exposure to a business tied to recurring healthcare demand, hospital procurement, and the ongoing need for efficient medical supply chains. Its performance is influenced by healthcare utilization, contract wins and renewals, product sourcing costs, and the company’s ability to maintain service levels across a complex national distribution network.
Last updated
- Market Cap
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- P/E
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- P/FCF
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- P/S
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- Enterprise Value
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- Sector
- Health Care
- Industry
- Surgical and Medical Instruments and Apparatus
- Address
- 3 LAKES DRIVE, NORTHFIELD, IL, 60093
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 |
|---|---|---|
| Revenue | 7.35B | — |
| Gross profit | 1.84B | — |
| Operating income | 422M | — |
| EBITDA | 676M | 0 |
| Net income | 129M | — |
| Basic EPS | 0.16 | — |
| Diluted EPS | 0.16 | — |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 |
|---|---|---|
| Total assets | 39.01B | 38.48B |
| Total liabilities | 19.67B | 19.2B |
| Total equity | 19.35B | 19.29B |
| Cash & equivalents | 2.24B | 1.94B |
| Current assets | 11.18B | 10.68B |
| Current liabilities | 2.54B | 2.49B |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 |
|---|---|---|
| Operating cash flow | 412M | — |
| Investing cash flow | -96M | — |
| Financing cash flow | -13M | — |
| Change in cash | 296M | — |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Medline Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Medline Inc. | View Filing | |
| edgar index | 4 — Medline Inc. | View Filing | |
| edgar index | 4 — Medline Inc. | View Filing | |
| edgar index | 4 — Medline Inc. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — Blackstone Management Associates VIII L.P. | View Filing | |
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| form 4 | Form 4 — Mozart Aggregator II UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — Blackstone Management Associates VIII L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco GP L.L.C. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator II UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — BCP Mozart Aggregator L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco GP L.L.C. | View Filing | |
| form 4 | Form 4 — Blackstone Management Associates VIII L.P. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator II UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco GP L.L.C. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco GP L.L.C. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco GP L.L.C. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco GP L.L.C. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco L.P. | View Filing | |
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| form 4 | Form 4 — Mozart Aggregator UNLV Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco GP L.L.C. | View Filing | |
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| form 4 | Form 4 — BX Mozart ML-1 Holdco L.P. | View Filing | |
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| form 4 | Form 4 — BX Mozart ML-1 Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-1 Holdco L.P. | View Filing | |
| form 4 | Form 4 — Mozart Aggregator II LP | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco L.P. | View Filing | |
| form 4 | Form 4 — BX Mozart ML-2 Holdco L.P. | View Filing | |
| form 4 | Form 4 — SCHWARZMAN STEPHEN A | View Filing | |
| form 4 | Form 4 — Blackstone Inc. | View Filing | |
| form 4 | Form 4 — BCP 8 Holdings Mozart Manager L.L.C. | View Filing | |
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| form 4 | Form 4 — Blackstone Group Management L.L.C. | View Filing | |
| form 4 | Form 4 — BCP 8 Holdings Mozart Manager L.L.C. | View Filing | |
| form 4 | Form 4 — Blackstone Inc. | View Filing | |
| form 4 | Form 4 — BMA VIII L.L.C. | View Filing | |
| form 4 | Form 4 — SCHWARZMAN STEPHEN A | View Filing | |
| form 4 | Form 4 — Blackstone Group Management L.L.C. | View Filing | |
| form 4 | Form 4 — Blackstone Holdings II L.P. | View Filing | |
| form 4 | Form 4 — BCP 8 Holdings Mozart Manager L.L.C. | View Filing | |
| form 4 | Form 4 — Blackstone Group Management L.L.C. | View Filing | |
| form 4 | Form 4 — BMA VIII L.L.C. | View Filing | |
| form 4 | Form 4 — BMA VIII L.L.C. | View Filing | |
| form 4 | Form 4 — Blackstone Holdings II L.P. | View Filing | |
| form 4 | Form 4 — BMA VIII L.L.C. | View Filing | |
| form 4 | Form 4 — Blackstone Holdings II L.P. | View Filing | |
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| form 4 | Form 4 — Hellman & Friedman Capital Partners X (Parallel), L.P. | View Filing | |
| form 4 | Form 4 — Mend Partners II, L.P. | View Filing | |
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