# Medline Inc. (MDLN)

**Exchange:** NASDAQ  
**Sector:** Healthcare  
**Market cap:** $29.99B  
**Price:** $37.02 (+1.31%)

> Medline Inc. is a healthcare company that provides medical-surgical products and supply chain solutions to healthcare providers. The company focuses on serving hospitals, surgery centers, physician offices, laboratories, and post-acute care facilities with a broad portfolio of consumable medical products, including surgical and procedural kits, gloves and protective apparel, urological and incontinence care items, wound care products, and lab and diagnostic supplies. Medline operates through two main segments: Medline Brand, which covers the procurement and manufacture of its own med-surg product lines, and Supply Chain Solutions, which delivers logistics, distribution, and inventory management services tailored to large healthcare systems. Headquartered in Northfield, Illinois, Medline positions itself as a key partner for healthcare institutions seeking to improve clinical, operational, and financial outcomes through reliable product availability, extensive branded offerings, and integrated supply chain capabilities in the medical-surgical space.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $28.43B | $7.52B | $2.21B | $1.16B | $-0.01 |
| 2024 | $25.51B | $6.98B | $2.15B | — | — |
| 2023 | $23.23B | $5.88B | $1.25B | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $38.48B | $19.20B | $10.74B | $1.94B | $12.48B |
| 2024 | $35.98B | $19.45B | — | $199M | $16.42B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1.74B | $447M | $1.30B |
| 2024 | $1.77B | $354M | $1.42B |
| 2023 | $1.69B | $275M | $1.41B |

Source: [CompaniesByCap](https://companiesbycap.com/company/MDLN)