MDLN vs. VEEV: Medline vs. Veeva Systems Stock Comparison
How do Medline (MDLN) and Veeva Systems (VEEV) 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 Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but MDLN is classified in Health Care Equipment & Supplies while VEEV is classified in Health Care Technology.
Veeva Systems (VEEV) has been public since October 16, 2013 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 | MDLN | VEEV |
|---|---|---|
| Name | Medline Inc. Class A Common Stock | Veeva Systems 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 Technology |
| GICS Sub-Industry | Health Care Supplies | Health Care Technology |
| Market Capitalization | 52.17 billion USD | 49.18 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | December 17, 2025 | October 16, 2013 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| Total Return (1Y) | -- | 3.92% |
| Total Return (3Y, Annualized) | -- | 22.52% |
| Total Return (5Y, Annualized) | -- | -0.87% |
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. Veeva Systems (VEEV) has a non-negative beta of 0.88.
| Metric | MDLN | VEEV |
|---|---|---|
| Volatility (1Y, Annualized) | 47.93% | 43.36% |
| Beta (5Y) | -0.93 | 0.88 |
| Max Drawdown (5Y) | -36.71% | -52.79% |
| Avg. Volume (3M) | 8.63M | 1.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Both MDLN and VEEV need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| Sharpe Ratio (1Y) | -- | -0.01 |
| Sortino Ratio (1Y) | -- | -0.01 |
Profitability
ROE (TTM)
Veeva Systems (VEEV) at 14.43% sits in the top ROE quartile, while Medline (MDLN) at 4.85% is closer to the peer norm — stronger capital efficiency for VEEV.
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%
VEEV
Health Care Equipment & Services industry group
14.43%
- Max
- 47.61%
- VEEV
- 14.43%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Veeva Systems (VEEV) at 29.35% 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%
VEEV
Health Care Equipment & Services industry group
29.35%
- VEEV
- 29.35%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Veeva Systems (VEEV) at 29.64% 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%
VEEV
Health Care Equipment & Services industry group
29.64%
- Max
- 35.43%
- VEEV
- 29.64%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| ROE (TTM) | 4.85% | 14.43% |
| ROA (TTM) | 2.70% | 7.58% |
| Net Margin (TTM) | 1.85% | 29.35% |
| Operating Margin (TTM) | 5.22% | 29.64% |
| Gross Margin (TTM) | 24.42% | 74.96% |
Growth
Revenue Growth
Only one side can be read here: Veeva Systems (VEEV) reports revenue growth of 16.34%, 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 Veeva Systems (VEEV) at 25.93%, which is closer to a typical peer reading.
Growth Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| Revenue Growth (YoY) | -- | 16.34% |
| Revenue Growth (3Y CAGR) | -- | 14.03% |
| EPS Growth (YoY) | 117.38% | 25.93% |
| EPS Growth (3Y CAGR) | -- | 21.94% |
Financial Strength
Current Ratio (MRQ)
Both Medline (MDLN) at 4.04 and Veeva Systems (VEEV) at 5.46 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
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
VEEV
Health Care Equipment & Services industry group
5.46
- Max
- 7.59
- VEEV
- 5.46
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Veeva Systems (VEEV) at 0.02 keeps leverage in the lower industry quartile, while Medline (MDLN) at 0.65 runs a more typical debt-to-equity mix.
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
VEEV
Health Care Equipment & Services industry group
0.02
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- VEEV
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| Current Ratio (MRQ) | 4.04 | 5.46 |
| Debt / Equity (MRQ) | 0.65 | 0.02 |
| Net Debt / EBITDA | 3.35 | -6.59 |
Dividends
Dividend Yield (TTM)
Neither Medline (MDLN) nor Veeva Systems (VEEV) 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%
VEEV
Health Care Equipment & Services industry group
0.00%
- VEEV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Medline (MDLN) nor Veeva Systems (VEEV) 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%
VEEV
Health Care Equipment & Services industry group
0.00%
- VEEV
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Veeva Systems (VEEV) at 49.79 sits in the richer P/E ratio quartile, and Medline (MDLN) at 90.09 is richer still, above its industry range.
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
VEEV
Health Care Equipment & Services industry group
49.79
- Max
- 80.41
- VEEV
- 49.79
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Medline (MDLN) at 1.70 prices around its industry’s typical P/S ratio, while Veeva Systems (VEEV) at 14.22 clears its benchmark range — VEEV looks notably rich on sales.
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
VEEV
Health Care Equipment & Services industry group
14.22
- VEEV
- 14.22
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Medline (MDLN) at 2.95 is valued about in line with its industry on P/B ratio, while Veeva Systems (VEEV) at 6.61 carries an above-peer premium to book — VEEV is pricier on assets.
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
VEEV
Health Care Equipment & Services industry group
6.61
- Max
- 11.68
- VEEV
- 6.61
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | MDLN | VEEV |
|---|---|---|
| P/E Ratio (TTM) | 90.09 | 49.79 |
| P/S Ratio (TTM) | 1.70 | 14.22 |
| P/B Ratio (MRQ) | 2.95 | 6.61 |
| Free Cash Flow Yield (TTM) | 2.67% | 2.56% |