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MDLN vs. SOLV: Medline vs. Solventum Stock Comparison

How do Medline (MDLN) and Solventum (SOLV) 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 Solventum (SOLV) 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.

Company profile comparison for Medline (MDLN) and Solventum (SOLV)
Profile ItemMDLNSOLV
NameMedline Inc. Class A Common StockSolventum Corporation
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 Capitalization52.17 billion USD15.36 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateDecember 17, 2025March 26, 2024
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

MDLN
SOLV
GSPC
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Medline (MDLN) vs. Solventum (SOLV), 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 Solventum (SOLV). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
Total Return (1Y)--25.89%
Total Return (3Y, Annualized)----
Total Return (5Y, Annualized)----

Risk Profile

Drawdown History

MDLN
SOLV
GSPC
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Medline (MDLN) vs. Solventum (SOLV), 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 Solventum (SOLV). 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. Solventum (SOLV) has a non-negative beta of 0.62.

Risk profile metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
Volatility (1Y, Annualized)47.93%30.06%
Beta (5Y)-0.930.62
Max Drawdown (5Y)-36.71%-39.98%
Avg. Volume (3M)8.63M1.05M

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Risk-adjusted metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
Sharpe Ratio (1Y)--0.72
Sortino Ratio (1Y)--1.08

Profitability

ROE (TTM)

Both Medline (MDLN) at 4.85% and Solventum (SOLV) at 3.19% 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%

SOLV

Health Care Equipment & Services industry group

3.19%

Max
47.61%
Q3
14.36%
Median
5.45%
SOLV
3.19%
Q1
-10.67%
Min
-47.01%
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Medline (MDLN) vs. Solventum (SOLV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both Medline (MDLN) at 1.85% and Solventum (SOLV) at 1.91% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

SOLV

Health Care Equipment & Services industry group

1.91%

Max
29.35%
Q3
9.33%
Median
2.18%
SOLV
1.91%
Q1
-6.29%
Min
-28.46%
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Medline (MDLN) vs. Solventum (SOLV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Medline (MDLN) at 5.22% and Solventum (SOLV) at 6.82% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

SOLV

Health Care Equipment & Services industry group

6.82%

Max
35.43%
Q3
14.14%
SOLV
6.82%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Medline (MDLN) vs. Solventum (SOLV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
ROE (TTM)4.85%3.19%
ROA (TTM)2.70%2.29%
Net Margin (TTM)1.85%1.91%
Operating Margin (TTM)5.22%6.82%
Gross Margin (TTM)24.42%55.13%

Growth

Revenue Growth

Only one side can be read here: Solventum (SOLV) reports revenue growth of 0.86%, ranked against its industry; Medline (MDLN) has no revenue growth figure this period.

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

EPS Growth

Both Medline (MDLN) at 117.38% and Solventum (SOLV) at 221.74% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.

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

Growth Metrics

Growth metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
Revenue Growth (YoY)--0.86%
Revenue Growth (3Y CAGR)--0.79%
EPS Growth (YoY)117.38%221.74%
EPS Growth (3Y CAGR)--4.51%

Financial Strength

Current Ratio (MRQ)

Medline (MDLN) at 4.04 carries current ratio above its industry’s typical mid-range, while Solventum (SOLV) at 1.03 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

SOLV

Health Care Equipment & Services industry group

1.03

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
SOLV
1.03
Min
0.30
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Medline (MDLN) vs. Solventum (SOLV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Medline (MDLN) at 0.65 carries an industry-typical debt-to-equity mix, while Solventum (SOLV) at 1.10 uses more debt funding than most peers.

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

SOLV

Health Care Equipment & Services industry group

1.10

Max
1.88
SOLV
1.10
Q3
0.91
Median
0.58
Q1
0.16
Min
0.00
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Medline (MDLN) vs. Solventum (SOLV): 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 Solventum (SOLV)
MetricMDLNSOLV
Current Ratio (MRQ)4.041.03
Debt / Equity (MRQ)0.651.10
Net Debt / EBITDA3.354.66

Dividends

Dividend Yield (TTM)

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

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%

SOLV

Health Care Equipment & Services industry group

0.00%

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

Dividend Payout Ratio (TTM)

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

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%

SOLV

Health Care Equipment & Services industry group

0.00%

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

Dividend Metrics

Dividend metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Both Medline (MDLN) at 90.09 and Solventum (SOLV) at 101.55 trade above their industries’ P/E ratio peer ranges, pointing to unusually expensive trailing earnings relative to peers.

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

SOLV

Health Care Equipment & Services industry group

101.55

SOLV
101.55
Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
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Medline (MDLN) vs. Solventum (SOLV): 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 Solventum (SOLV) at 1.88 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

SOLV

Health Care Equipment & Services industry group

1.88

Max
8.80
Q3
4.32
Median
2.13
SOLV
1.88
Q1
1.10
Min
0.03
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Medline (MDLN) vs. Solventum (SOLV): 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 Solventum (SOLV) at 3.20 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

SOLV

Health Care Equipment & Services industry group

3.20

Max
11.68
Q3
6.12
SOLV
3.20
Median
3.00
Q1
1.73
Min
-1.31
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Medline (MDLN) vs. Solventum (SOLV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Medline (MDLN) and Solventum (SOLV)
MetricMDLNSOLV
P/E Ratio (TTM)90.09101.55
P/S Ratio (TTM)1.701.88
P/B Ratio (MRQ)2.953.20
Free Cash Flow Yield (TTM)2.67%1.31%