MDLN · CIK 0002046386
Medline Inc.
Annual figures as reported, FY2022–FY2025. Ratios and growth rates derived on-page.
Surgical & Medical Instruments & Apparatus
Company profile
Revenue
$28.4B
▲ +11.5% vs FY2024
Net income
$1.2B
▼ −0.3% vs FY2024
Free cash flow
$1.3B
▼ −8.3% vs FY2024
Diluted EPS
−$0.01
Revenue
Annual, as reported
Net income
Annual, as reported
Profitability & returns
quality of earningsMargins
Share of revenue kept at each line
Gross marginOperating marginNet margin
Returns on capital
Net income vs year-end equity and assets
Cash flow
cash generationFree cash flow
Operating cash flow less capital expenditure
Operating cash flow
Net cash from operations
Shareholder returns
capital allocationCapital returned
Cash paid out as dividends and share repurchases
Buybacks
Balance sheet
financial positionNet debt
Long-term debt less cash — negative means net cash
Key ratios
derived per fiscal year| Fiscal year | Gross margin | Op. margin | Net margin | FCF margin | ROE | ROA | Current ratio | Debt / equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | 26.4% | 7.8% | 4.1% | 4.6% | 10.8% | 3.0% | 4.29× | 1.16× |
| FY2024 | 27.3% | 8.4% | 4.6% | 5.5% | — | 3.2% | 3.39× | — |
| FY2023 | 25.3% | 5.4% | 1.0% | 6.1% | — | — | — | — |
| FY2022 | — | — | — | — | — | — | — | — |
Annual figures
as reported| Fiscal year | Revenue | Gross profit | Op. income | Net income | Diluted EPS | Op. cash flow | Capex | Total assets | Liabilities | Equity | Cash | LT debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY2025 | $28.4B | $7.5B | $2.2B | $1.2B | −$0.01 | $1.7B | $447.0M | $38.5B | $19.2B | $10.7B | $1.9B | $12.5B |
| FY2024 | $25.5B | $7.0B | $2.1B | $1.2B | — | $1.8B | $354.0M | $36.0B | $19.5B | — | $199.0M | $16.4B |
| FY2023 | $23.2B | $5.9B | $1.3B | $234.0M | — | $1.7B | $275.0M | — | — | — | $1.6B | — |
| FY2022 | — | — | — | — | — | — | — | — | — | — | $399.0M | — |
Latest filings
the most recent regulatory filings4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗4Insider ownership filing2026-06-17 ↗144Notice of proposed insider sale2026-06-16 ↗4Insider ownership filing2026-06-15 ↗
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