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MDLN vs. MDT: Medline vs. Medtronic Stock Comparison

How do Medline (MDLN) and Medtronic (MDT) 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

Medline (MDLN) and Medtronic (MDT) both belong to the Health Care Equipment & Supplies industry, though MDLN is classified under Health Care Supplies while MDT falls under Health Care Equipment.

Medtronic (MDT) has been public since May 2, 1973, 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 Medline (MDLN) and Medtronic (MDT)
Profile ItemMDLNMDT
NameMedline Inc. Class A Common StockMedtronic plc
Country/RegionUnited StatesIreland
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 Equipment
Market Capitalization52.17 billion USD130.22 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateDecember 17, 2025May 2, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

MDLN
MDT
GSPC
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Medline (MDLN) vs. Medtronic (MDT), 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 Medline (MDLN) and Medtronic (MDT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
Total Return (1Y)--15.72%
Total Return (3Y, Annualized)--17.58%
Total Return (5Y, Annualized)---0.18%

Risk Profile

Drawdown History

MDLN
MDT
GSPC
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Medline (MDLN) vs. Medtronic (MDT), 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 Medline (MDLN) and Medtronic (MDT). 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. Medtronic (MDT) has a non-negative beta of 0.53.

Risk profile metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
Volatility (1Y, Annualized)47.93%25.84%
Beta (5Y)-0.930.53
Max Drawdown (5Y)-36.71%-39.67%
Avg. Volume (3M)8.63M16.48M

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Risk-adjusted metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
Sharpe Ratio (1Y)--0.44
Sortino Ratio (1Y)--0.71

Profitability

ROE (TTM)

Both Medline (MDLN) at 4.85% and Medtronic (MDT) at 10.65% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

MDT

Health Care Equipment & Services industry group

10.65%

Max
47.61%
Q3
14.36%
MDT
10.65%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Medtronic (MDT) at 13.93% retains a top-quartile share of revenue as profit, ahead of Medline (MDLN) at 1.85%, which keeps about the industry-typical share.

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%

MDT

Health Care Equipment & Services industry group

13.93%

Max
29.35%
MDT
13.93%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Medtronic (MDT) at 19.33% operates in the top operating margin quartile, ahead of Medline (MDLN) at 5.22%, which runs around its industry’s norm.

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%

MDT

Health Care Equipment & Services industry group

19.33%

Max
35.43%
MDT
19.33%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
ROE (TTM)4.85%10.65%
ROA (TTM)2.70%5.12%
Net Margin (TTM)1.85%13.93%
Operating Margin (TTM)5.22%19.33%
Gross Margin (TTM)24.42%65.27%

Growth

Revenue Growth

Only one side can be read here: Medtronic (MDT) reports revenue growth of 8.43%, ranked against its industry; Medline (MDLN) has no revenue growth figure this period.

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Medline (MDLN) vs. Medtronic (MDT): 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 Medtronic (MDT) at 3.32%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
Revenue Growth (YoY)--8.43%
Revenue Growth (3Y CAGR)--5.21%
EPS Growth (YoY)117.38%3.32%
EPS Growth (3Y CAGR)--9.77%

Financial Strength

Current Ratio (MRQ)

Medtronic (MDT) at 2.07 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.

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

MDT

Health Care Equipment & Services industry group

2.07

Max
7.59
Q3
4.00
MDT
2.07
Median
1.98
Q1
1.37
Min
0.30
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Medline (MDLN) at 0.65 and Medtronic (MDT) at 0.55 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

MDT

Health Care Equipment & Services industry group

0.55

Max
1.88
Q3
0.91
Median
0.58
MDT
0.55
Q1
0.16
Min
0.00
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
Current Ratio (MRQ)4.042.07
Debt / Equity (MRQ)0.650.55
Net Debt / EBITDA3.351.86

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 Medtronic (MDT) reports a yield of 2.72%, ranking against industry peers normally.

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%

MDT

Health Care Equipment & Services industry group

2.72%

MDT
2.72%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Medline (MDLN) vs. Medtronic (MDT): 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 Medtronic (MDT) reports a payout of 70.02%, ranking against industry peers normally.

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%

MDT

Health Care Equipment & Services industry group

70.02%

MDT
70.02%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
Dividend Yield (TTM)0.00%2.72%
Dividend Payout Ratio (TTM)0.00%70.02%

Valuation

P/E Ratio (TTM)

Medtronic (MDT) at 25.01 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.

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

MDT

Health Care Equipment & Services industry group

25.01

Max
80.41
Q3
47.62
Median
29.93
MDT
25.01
Q1
21.19
Min
4.21
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Medline (MDLN) vs. Medtronic (MDT): 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 Medline (MDLN) at 1.70 and Medtronic (MDT) at 3.47 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

MDT

Health Care Equipment & Services industry group

3.47

Max
8.80
Q3
4.32
MDT
3.47
Median
2.13
Q1
1.10
Min
0.03
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Medline (MDLN) vs. Medtronic (MDT): 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 Medline (MDLN) at 2.95 and Medtronic (MDT) at 2.59 are valued close to their industries’ norm against book — neither stands out from peers.

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

MDT

Health Care Equipment & Services industry group

2.59

Max
11.68
Q3
6.12
Median
3.00
MDT
2.59
Q1
1.73
Min
-1.31
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Medline (MDLN) vs. Medtronic (MDT): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Medline (MDLN) and Medtronic (MDT)
MetricMDLNMDT
P/E Ratio (TTM)90.0925.01
P/S Ratio (TTM)1.703.47
P/B Ratio (MRQ)2.952.59
Free Cash Flow Yield (TTM)2.67%4.16%