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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.

Company profile comparison for Medline (MDLN) and Veeva Systems (VEEV)
Profile ItemMDLNVEEV
NameMedline Inc. Class A Common StockVeeva Systems Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Technology
GICS Sub-IndustryHealth Care SuppliesHealth Care Technology
Market Capitalization52.17 billion USD49.18 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateDecember 17, 2025October 16, 2013
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

MDLN
VEEV
GSPC
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Medline (MDLN) vs. Veeva Systems (VEEV), 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 Veeva Systems (VEEV). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
Total Return (1Y)--3.92%
Total Return (3Y, Annualized)--22.52%
Total Return (5Y, Annualized)---0.87%

Risk Profile

Drawdown History

MDLN
VEEV
GSPC
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Medline (MDLN) vs. Veeva Systems (VEEV), 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 Veeva Systems (VEEV). 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. Veeva Systems (VEEV) has a non-negative beta of 0.88.

Risk profile metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
Volatility (1Y, Annualized)47.93%43.36%
Beta (5Y)-0.930.88
Max Drawdown (5Y)-36.71%-52.79%
Avg. Volume (3M)8.63M1.64M

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

Risk-adjusted metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
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%
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

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%
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

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%
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
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.

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Medline (MDLN) vs. Veeva Systems (VEEV): 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 Veeva Systems (VEEV) at 25.93%, which is closer to a typical peer reading.

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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
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
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

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
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Medline (MDLN) vs. Veeva Systems (VEEV): 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 Veeva Systems (VEEV)
MetricMDLNVEEV
Current Ratio (MRQ)4.045.46
Debt / Equity (MRQ)0.650.02
Net Debt / EBITDA3.35-6.59

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%
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

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%
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
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
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

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
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

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
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Medline (MDLN) vs. Veeva Systems (VEEV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Medline (MDLN) and Veeva Systems (VEEV)
MetricMDLNVEEV
P/E Ratio (TTM)90.0949.79
P/S Ratio (TTM)1.7014.22
P/B Ratio (MRQ)2.956.61
Free Cash Flow Yield (TTM)2.67%2.56%