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HCA vs. MDLN: HCA Healthcare vs. Medline Stock Comparison

How do HCA Healthcare (HCA) 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

HCA Healthcare (HCA) and Medline (MDLN) both fall under the Health Care Equipment & Services industry group, but HCA is classified in Health Care Providers & Services while MDLN is classified in Health Care Equipment & Supplies.

HCA Healthcare (HCA) has been public since March 10, 2011 with a meaningfully longer listed history, while Medline (MDLN) only listed on December 17, 2025 — long-window metrics on the MDLN side should be interpreted with caution.

Company profile comparison for HCA Healthcare (HCA) and Medline (MDLN)
Profile ItemHCAMDLN
NameHCA Healthcare, 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 Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care FacilitiesHealth Care Supplies
Market Capitalization103.40 billion USD52.17 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateMarch 10, 2011December 17, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

HCA
MDLN
GSPC
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HCA Healthcare (HCA) 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 HCA Healthcare (HCA) and Medline (MDLN). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
Total Return (1Y)6.56%--
Total Return (3Y, Annualized)31.39%--
Total Return (5Y, Annualized)16.40%--

Risk Profile

Drawdown History

HCA
MDLN
GSPC
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HCA Healthcare (HCA) 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 HCA Healthcare (HCA) 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. HCA Healthcare (HCA) has a non-negative beta of 1.07.

Risk profile metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
Volatility (1Y, Annualized)32.89%47.93%
Beta (5Y)1.07-0.93
Max Drawdown (5Y)-39.49%-36.71%
Avg. Volume (3M)1.35M8.63M

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Risk-adjusted metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
Sharpe Ratio (1Y)0.07--
Sortino Ratio (1Y)0.11--

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Medline (MDLN) earns 4.85% on shareholders’ equity, ranked against its industry; HCA Healthcare (HCA) has no ROE this period.

HCA

Health Care Equipment & Services industry group

--

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

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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HCA Healthcare (HCA) vs. Medline (MDLN): HCA does not report ROE, so it has no value marker; MDLN is benchmarked against the Health Care Equipment & Services industry group.

Net Margin (TTM)

Both HCA Healthcare (HCA) at 8.61% and Medline (MDLN) at 1.85% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

HCA

Health Care Equipment & Services industry group

8.61%

Max
29.35%
Q3
9.33%
HCA
8.61%
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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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

HCA Healthcare (HCA) at 14.83% operates in the top operating margin quartile, ahead of Medline (MDLN) at 5.22%, which runs around its industry’s norm.

HCA

Health Care Equipment & Services industry group

14.83%

Max
35.43%
HCA
14.83%
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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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
ROE (TTM)--4.85%
ROA (TTM)12.23%2.70%
Net Margin (TTM)8.61%1.85%
Operating Margin (TTM)14.83%5.22%
Gross Margin (TTM)42.76%24.42%

Growth

Revenue Growth

Only one side can be read here: HCA Healthcare (HCA) reports revenue growth of 7.08%, ranked against its industry; Medline (MDLN) has no revenue growth figure this period.

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

EPS Growth

Both companies show strong earnings momentum, but Medline (MDLN) at 117.38% is the standout with EPS growth above its industry range; HCA Healthcare (HCA) at 28.77% also sits in the top quartile.

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

Growth Metrics

Growth metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
Revenue Growth (YoY)7.08%--
Revenue Growth (3Y CAGR)7.87%--
EPS Growth (YoY)28.77%117.38%
EPS Growth (3Y CAGR)13.94%--

Financial Strength

Current Ratio (MRQ)

Medline (MDLN) at 4.04 carries current ratio above its industry’s typical mid-range, while HCA Healthcare (HCA) at 0.82 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

HCA

Health Care Equipment & Services industry group

0.82

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
HCA
0.82
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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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Medline (MDLN) carries debt-to-equity ratio of 0.65 against its industry range, while HCA Healthcare (HCA) reports no figure this period.

HCA

Health Care Equipment & Services industry group

--

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
HCA
--

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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HCA Healthcare (HCA) vs. Medline (MDLN): HCA does not report debt-to-equity ratio, so it has no value marker; MDLN is benchmarked against the Health Care Equipment & Services industry group.

Financial Strength Metrics

Financial strength metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
Current Ratio (MRQ)0.824.04
Debt / Equity (MRQ)--0.65
Net Debt / EBITDA3.263.35

Dividends

Dividend Yield (TTM)

Medline (MDLN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HCA Healthcare (HCA) reports a yield of 0.60%, ranking against industry peers normally.

HCA

Health Care Equipment & Services industry group

0.60%

HCA
0.60%
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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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Medline (MDLN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HCA Healthcare (HCA) reports a payout of 10.15%, ranking against industry peers normally.

HCA

Health Care Equipment & Services industry group

10.15%

HCA
10.15%
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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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
Dividend Yield (TTM)0.60%0.00%
Dividend Payout Ratio (TTM)10.15%0.00%

Valuation

P/E Ratio (TTM)

HCA Healthcare (HCA) at 16.42 sits in the cheaper P/E ratio quartile, while Medline (MDLN) at 90.09 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

HCA

Health Care Equipment & Services industry group

16.42

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
HCA
16.42
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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HCA Healthcare (HCA) 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 HCA Healthcare (HCA) at 1.31 and Medline (MDLN) at 1.70 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

HCA

Health Care Equipment & Services industry group

1.31

Max
8.80
Q3
4.32
Median
2.13
HCA
1.31
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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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

HCA Healthcare (HCA) reports a negative P/B ratio of -12.92, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Medline (MDLN) reports 2.95, ranking against industry peers normally.

HCA

Health Care Equipment & Services industry group

-12.92

Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31
HCA
-12.92

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
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HCA Healthcare (HCA) vs. Medline (MDLN): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for HCA Healthcare (HCA) and Medline (MDLN)
MetricHCAMDLN
P/E Ratio (TTM)16.4290.09
P/S Ratio (TTM)1.311.70
P/B Ratio (MRQ)-12.922.95
Free Cash Flow Yield (TTM)3.81%2.67%