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.
| Profile Item | HCA | MDLN |
|---|---|---|
| Name | HCA Healthcare, Inc. | Medline Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Facilities | Health Care Supplies |
| Market Capitalization | 103.40 billion USD | 52.17 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 10, 2011 | December 17, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HCA | MDLN |
|---|---|---|
| Total Return (1Y) | 6.56% | -- |
| Total Return (3Y, Annualized) | 31.39% | -- |
| Total Return (5Y, Annualized) | 16.40% | -- |
Risk Profile
Drawdown History
Return Distribution
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.
| Metric | HCA | MDLN |
|---|---|---|
| Volatility (1Y, Annualized) | 32.89% | 47.93% |
| Beta (5Y) | 1.07 | -0.93 |
| Max Drawdown (5Y) | -39.49% | -36.71% |
| Avg. Volume (3M) | 1.35M | 8.63M |
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
| Metric | HCA | MDLN |
|---|---|---|
| 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%
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%
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%
Profitability Metrics
| Metric | HCA | MDLN |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | HCA | MDLN |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | HCA | MDLN |
|---|---|---|
| Current Ratio (MRQ) | 0.82 | 4.04 |
| Debt / Equity (MRQ) | -- | 0.65 |
| Net Debt / EBITDA | 3.26 | 3.35 |
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%
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%
Dividend Metrics
| Metric | HCA | MDLN |
|---|---|---|
| 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
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
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
Valuation Metrics
| Metric | HCA | MDLN |
|---|---|---|
| P/E Ratio (TTM) | 16.42 | 90.09 |
| P/S Ratio (TTM) | 1.31 | 1.70 |
| P/B Ratio (MRQ) | -12.92 | 2.95 |
| Free Cash Flow Yield (TTM) | 3.81% | 2.67% |