MDLN vs. UNH: Medline vs. UnitedHealth Stock Comparison
How do Medline (MDLN) and UnitedHealth (UNH) 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 UnitedHealth (UNH) both fall under the Health Care Equipment & Services industry group, but MDLN is classified in Health Care Equipment & Supplies while UNH is classified in Health Care Providers & Services.
UnitedHealth (UNH) has been public since October 17, 1984, giving it decades of market history across multiple cycles, while Medline (MDLN) listed only on December 17, 2025 and lacks comparable through-cycle data.
| Profile Item | MDLN | UNH |
|---|---|---|
| Name | Medline Inc. Class A Common Stock | UnitedHealth Group Inc. |
| 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 Equipment & Supplies | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Supplies | Managed Health Care |
| Market Capitalization | 52.17 billion USD | 353.17 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | December 17, 2025 | October 17, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MDLN | UNH |
|---|---|---|
| Total Return (1Y) | -- | 26.08% |
| Total Return (3Y, Annualized) | -- | -7.69% |
| Total Return (5Y, Annualized) | -- | -1.26% |
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. UnitedHealth (UNH) has a non-negative beta of 0.52.
| Metric | MDLN | UNH |
|---|---|---|
| Volatility (1Y, Annualized) | 47.93% | 34.76% |
| Beta (5Y) | -0.93 | 0.52 |
| Max Drawdown (5Y) | -36.71% | -61.39% |
| Avg. Volume (3M) | 8.63M | 5.13M |
Risk-Adjusted Performance
Risk-Return Positioning
Both MDLN and UNH need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | MDLN | UNH |
|---|---|---|
| Sharpe Ratio (1Y) | -- | 0.63 |
| Sortino Ratio (1Y) | -- | 0.86 |
Profitability
ROE (TTM)
UnitedHealth (UNH) at 15.77% sits in the top ROE quartile, while Medline (MDLN) at 4.85% is closer to the peer norm — stronger capital efficiency for UNH.
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%
UNH
Health Care Equipment & Services industry group
15.77%
- Max
- 47.61%
- UNH
- 15.77%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Both Medline (MDLN) at 1.85% and UnitedHealth (UNH) at 3.53% 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%
UNH
Health Care Equipment & Services industry group
3.53%
- Max
- 29.35%
- Q3
- 9.33%
- UNH
- 3.53%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both Medline (MDLN) at 5.22% and UnitedHealth (UNH) at 5.82% 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%
UNH
Health Care Equipment & Services industry group
5.82%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- UNH
- 5.82%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | MDLN | UNH |
|---|---|---|
| ROE (TTM) | 4.85% | 15.77% |
| ROA (TTM) | 2.70% | 5.24% |
| Net Margin (TTM) | 1.85% | 3.53% |
| Operating Margin (TTM) | 5.22% | 5.82% |
| Gross Margin (TTM) | 24.42% | 20.05% |
Growth
Revenue Growth
Only one side can be read here: UnitedHealth (UNH) reports revenue growth of 11.81%, ranked against its industry; Medline (MDLN) has no revenue growth figure this period.
EPS Growth
Medline (MDLN) at 117.38% clears its industry range for EPS growth, a much stronger earnings trajectory than UnitedHealth (UNH) at -14.70%, which is closer to a typical peer reading.
Growth Metrics
| Metric | MDLN | UNH |
|---|---|---|
| Revenue Growth (YoY) | -- | 11.81% |
| Revenue Growth (3Y CAGR) | -- | 11.35% |
| EPS Growth (YoY) | 117.38% | -14.70% |
| EPS Growth (3Y CAGR) | -- | -14.52% |
Financial Strength
Current Ratio (MRQ)
Medline (MDLN) at 4.04 carries current ratio above its industry’s typical mid-range, while UnitedHealth (UNH) at 0.74 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
UNH
Health Care Equipment & Services industry group
0.74
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- UNH
- 0.74
- Min
- 0.30
Debt / Equity (MRQ)
Both Medline (MDLN) at 0.65 and UnitedHealth (UNH) at 0.70 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
UNH
Health Care Equipment & Services industry group
0.70
- Max
- 1.88
- Q3
- 0.91
- UNH
- 0.70
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | MDLN | UNH |
|---|---|---|
| Current Ratio (MRQ) | 4.04 | 0.74 |
| Debt / Equity (MRQ) | 0.65 | 0.70 |
| Net Debt / EBITDA | 3.35 | 1.58 |
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 UnitedHealth (UNH) reports a yield of 2.29%, 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%
UNH
Health Care Equipment & Services industry group
2.29%
- UNH
- 2.29%
- 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 UnitedHealth (UNH) reports a payout of 51.71%, 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%
UNH
Health Care Equipment & Services industry group
51.71%
- UNH
- 51.71%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MDLN | UNH |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.29% |
| Dividend Payout Ratio (TTM) | 0.00% | 51.71% |
Valuation
P/E Ratio (TTM)
UnitedHealth (UNH) at 22.50 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
UNH
Health Care Equipment & Services industry group
22.50
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- UNH
- 22.50
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
UnitedHealth (UNH) at 0.78 sits in the cheaper P/S ratio quartile while Medline (MDLN) at 1.70 prices around its industry’s middle — UNH costs less per dollar of sales, though read it alongside growth and margins.
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
UNH
Health Care Equipment & Services industry group
0.78
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- UNH
- 0.78
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Medline (MDLN) at 2.95 and UnitedHealth (UNH) at 3.60 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
UNH
Health Care Equipment & Services industry group
3.60
- Max
- 11.68
- Q3
- 6.12
- UNH
- 3.60
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | MDLN | UNH |
|---|---|---|
| P/E Ratio (TTM) | 90.09 | 22.50 |
| P/S Ratio (TTM) | 1.70 | 0.78 |
| P/B Ratio (MRQ) | 2.95 | 3.60 |
| Free Cash Flow Yield (TTM) | 2.67% | 7.50% |