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ALGN vs. MDLN: Align vs. Medline Stock Comparison

How do Align (ALGN) and Medline (MDLN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Align (ALGN) and Medline (MDLN) are both classified in the Health Care Supplies sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.

Align (ALGN) has been public since January 30, 2001, giving it decades of market history across multiple cycles, while Medline (MDLN) listed only on December 17, 2025 and lacks comparable through-cycle data.

Company profile comparison for Align (ALGN) and Medline (MDLN)
Profile ItemALGNMDLN
NameAlign Technology Inc.Medline Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care SuppliesHealth Care Supplies
Market Capitalization11.70 billion USD52.17 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJanuary 30, 2001December 17, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALGN
MDLN
GSPC
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Align (ALGN) vs. Medline (MDLN), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Align (ALGN) and Medline (MDLN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Align (ALGN) and Medline (MDLN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
Total Return (1Y)27.43%--
Total Return (3Y, Annualized)-2.84%--
Total Return (5Y, Annualized)-24.73%--

Risk Profile

Drawdown History

ALGN
MDLN
GSPC
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Align (ALGN) vs. Medline (MDLN), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Align (ALGN) and Medline (MDLN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Medline (MDLN) reports a negative beta of -0.93, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Align (ALGN) has a non-negative beta of 1.67.

Risk profile metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
Volatility (1Y, Annualized)40.49%47.93%
Beta (5Y)1.67-0.93
Max Drawdown (5Y)-82.44%-36.71%
Avg. Volume (3M)942.14K8.63M

Risk-Adjusted Performance

Risk-Return Positioning

Both ALGN and MDLN need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
Sharpe Ratio (1Y)0.57--
Sortino Ratio (1Y)0.89--

Profitability

ROE (TTM)

Both Align (ALGN) at 11.91% and Medline (MDLN) at 4.85% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ALGN

Health Care Equipment & Services industry group

11.91%

Max
47.61%
Q3
14.36%
ALGN
11.91%
Median
5.45%
Q1
-10.67%
Min
-47.01%

MDLN

Health Care Equipment & Services industry group

4.85%

Max
47.61%
Q3
14.36%
Median
5.45%
MDLN
4.85%
Q1
-10.67%
Min
-47.01%
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Align (ALGN) vs. Medline (MDLN): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Align (ALGN) at 11.83% retains a top-quartile share of revenue as profit, ahead of Medline (MDLN) at 1.85%, which keeps about the industry-typical share.

ALGN

Health Care Equipment & Services industry group

11.83%

Max
29.35%
ALGN
11.83%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%

MDLN

Health Care Equipment & Services industry group

1.85%

Max
29.35%
Q3
9.33%
Median
2.18%
MDLN
1.85%
Q1
-6.29%
Min
-28.46%
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Align (ALGN) vs. Medline (MDLN): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Align (ALGN) at 20.13% operates in the top operating margin quartile, ahead of Medline (MDLN) at 5.22%, which runs around its industry’s norm.

ALGN

Health Care Equipment & Services industry group

20.13%

Max
35.43%
ALGN
20.13%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%

MDLN

Health Care Equipment & Services industry group

5.22%

Max
35.43%
Q3
14.14%
Median
6.81%
MDLN
5.22%
Q1
-0.28%
Min
-16.29%
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Align (ALGN) vs. Medline (MDLN): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
ROE (TTM)11.91%4.85%
ROA (TTM)8.01%2.70%
Net Margin (TTM)11.83%1.85%
Operating Margin (TTM)20.13%5.22%
Gross Margin (TTM)71.53%24.42%

Growth

Revenue Growth

Only one side can be read here: Align (ALGN) reports revenue growth of 0.90%, ranked against its industry; Medline (MDLN) has no revenue growth figure this period.

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Align (ALGN) vs. Medline (MDLN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Medline (MDLN) at 117.38% clears its industry range for EPS growth, a much stronger earnings trajectory than Align (ALGN) at 0.53%, which is closer to a typical peer reading.

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Align (ALGN) vs. Medline (MDLN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
Revenue Growth (YoY)0.90%--
Revenue Growth (3Y CAGR)2.61%--
EPS Growth (YoY)0.53%117.38%
EPS Growth (3Y CAGR)7.02%--

Financial Strength

Current Ratio (MRQ)

Align (ALGN) at 1.43 keeps current ratio within its industry’s typical mid-range, while Medline (MDLN) at 4.04 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

ALGN

Health Care Equipment & Services industry group

1.43

Max
7.59
Q3
4.00
Median
1.98
ALGN
1.43
Q1
1.37
Min
0.30

MDLN

Health Care Equipment & Services industry group

4.04

Max
7.59
MDLN
4.04
Q3
4.00
Median
1.98
Q1
1.37
Min
0.30
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Align (ALGN) vs. Medline (MDLN): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Align (ALGN) at 0.03 keeps leverage in the lower industry quartile, while Medline (MDLN) at 0.65 runs a more typical debt-to-equity mix.

ALGN

Health Care Equipment & Services industry group

0.03

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
ALGN
0.03
Min
0.00

MDLN

Health Care Equipment & Services industry group

0.65

Max
1.88
Q3
0.91
MDLN
0.65
Median
0.58
Q1
0.16
Min
0.00
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Align (ALGN) vs. Medline (MDLN): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
Current Ratio (MRQ)1.434.04
Debt / Equity (MRQ)0.030.65
Net Debt / EBITDA-1.043.35

Dividends

Dividend Yield (TTM)

Neither Align (ALGN) nor Medline (MDLN) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALGN

Health Care Equipment & Services industry group

0.00%

ALGN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

MDLN

Health Care Equipment & Services industry group

0.00%

MDLN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Align (ALGN) vs. Medline (MDLN): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Align (ALGN) nor Medline (MDLN) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALGN

Health Care Equipment & Services industry group

0.00%

ALGN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

MDLN

Health Care Equipment & Services industry group

0.00%

MDLN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Align (ALGN) vs. Medline (MDLN): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Align (ALGN) at 24.20 is near its industry’s usual P/E ratio, while Medline (MDLN) at 90.09 sits above its peer range — an unusually expensive price for MDLN’s trailing earnings.

ALGN

Health Care Equipment & Services industry group

24.20

Max
80.41
Q3
47.62
Median
29.93
ALGN
24.20
Q1
21.19
Min
4.21

MDLN

Health Care Equipment & Services industry group

90.09

MDLN
90.09
Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
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Align (ALGN) vs. Medline (MDLN): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Align (ALGN) at 2.81 and Medline (MDLN) at 1.70 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

ALGN

Health Care Equipment & Services industry group

2.81

Max
8.80
Q3
4.32
ALGN
2.81
Median
2.13
Q1
1.10
Min
0.03

MDLN

Health Care Equipment & Services industry group

1.70

Max
8.80
Q3
4.32
Median
2.13
MDLN
1.70
Q1
1.10
Min
0.03
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Align (ALGN) vs. Medline (MDLN): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Align (ALGN) at 2.73 and Medline (MDLN) at 2.95 are valued close to their industries’ norm against book — neither stands out from peers.

ALGN

Health Care Equipment & Services industry group

2.73

Max
11.68
Q3
6.12
Median
3.00
ALGN
2.73
Q1
1.73
Min
-1.31

MDLN

Health Care Equipment & Services industry group

2.95

Max
11.68
Q3
6.12
Median
3.00
MDLN
2.95
Q1
1.73
Min
-1.31
Loading chart…
Align (ALGN) vs. Medline (MDLN): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Align (ALGN) and Medline (MDLN)
MetricALGNMDLN
P/E Ratio (TTM)24.2090.09
P/S Ratio (TTM)2.811.70
P/B Ratio (MRQ)2.732.95
Free Cash Flow Yield (TTM)4.90%2.67%