Medline delivered 12% and 13% revenue and adjusted EBITDA growth, respectively, during the second quarter. Outlook for organic sales growth was raised by 50 basis points but fell 70 basis points for adjusted EBITDA margin. Shares fell 13% on Aug. 5.
Medline’s unrivaled scale in medical-surgical manufacturing and distribution enables the firm to enjoy long-term secular trends like an aging population and increased prevalence of chronic conditions.
Continued consolidation in the healthcare sector affords more buying power to large hospitals and GPOs and could lead to Medline conceding price and contracting margins.
|
Metric
|
MDLN
|
MCK
|
COR
|
|---|---|---|---|
Price/Earnings (Normalized) | 73.86 | 22.21 | 19.22 |
Price/Book Value | 2.67 | — | 20.04 |
Price/Sales | 1.57 | 0.26 | 0.19 |
Price/Cash Flow | 18.11 | 17.31 | 15.80 |
|
Metric
|
MDLN
|
MCK
|
COR
|
|---|---|---|---|
Quick Ratio | 2.34 | 0.50 | 0.48 |
Current Ratio | 4.33 | 0.89 | 0.93 |
Interest Coverage | 2.40 | 23.83 | 7.89 |
|
Metric
|
MDLN
|
MCK
|
COR
|
|---|---|---|---|
Return on Assets (Normalized) | 2.60% | 5.95% | 4.24% |
Return on Equity (Normalized) | 14.71% | — | 141.22% |
Return on Invested Capital (Normalized) | 4.62% | 56.43% | 30.10% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Intuitive Surgical Inc
ISRG
| LOCK|Lt!tm@$ | LOCK|h!s | $134B | |||
| Becton Dickinson & Co
BDX
| LOCK|zH | LOCK|SFghm | $48B | |||
| Alcon Inc
ALC
| LOCK|xlG^B>L | LOCK|fN?^# | $34B | |||
| ResMed Inc
RMD
| LOCK|Ms#wKjyh | LOCK|h@nD< | $31B | |||
| West Pharmaceutical Services Inc
WST
| LOCK|?x!$x&! | LOCK|vW | $25B | |||
| The Cooper Companies Inc
COO
| LOCK|$<$RPxh | LOCK|yl^# | $14B | |||
| Baxter International Inc
BAX
| LOCK|&l | LOCK|>Pb<% | $14B | |||
| Solventum Corp
SOLV
| LOCK|@RLF&h | LOCK|q$ | $14B | |||
| Align Technology Inc
ALGN
| LOCK|^&hQZHV | LOCK|#MM>w | $12B |
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United States