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MedlineMDLN +0.20%16 EV-to-OCF is 24.03 as of Aug. 27, 2026, which is 24% below its 10-year median of 31.77. GuruFocus rates MDLN with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 852 Medical Devices & Instruments companies, Medline ranks worse than 79.34% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Medline's Enterprise Value is $47,868 Mil.
Medline's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,992 Mil. Therefore, Medline's EV-to-OCF for today is 24.03.
The historical rank and industry rank for Medline's EV-to-OCF or its related term are showing as below:
MDLN'
s EV-to-OCF Range Over the Past 10 Years
Min: 23.58 Med: 31.77 Max: 63.6
Current: 24.03
During the past 4 years, the highest EV-to-OCF of Medline was 63.60. The lowest was 23.58. And the median was 31.77.
MDLN's EV-to-OCF is ranked worse than 79.34% of 852
companies
in the Medical Devices & Instruments industry
Industry Median: 7.915
vs MDLN: 24.03
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Medline's share price for today is $34.65.
Medline's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.396.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Medline EV-to-OCF Related Terms
Medline EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Medline's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Instruments & Supplies subindustry, Medline's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Medline EV-to-OCF vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medline's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Medline's EV-to-OCF falls into.
Medline's current Enterprise Value is $47,868 Mil.
Medline's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,992 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Medline (MDLN) has a EV-to-OCF of 24.03 as of Aug. 27, 2026. This is 24% below median its historical median of 31.77. Over the past decade, Medline's EV-to-OCF has ranged from 23.58 to 63.60. According to the industry distribution chart, Medline ranks #676 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 79.3%.
Is Medline's EV-to-OCF too high?
Medline's current EV-to-OCF of 24.03 is 24% below median its 10-year median of 31.77. Over the past 10 years, this metric has ranged from a low of 23.58 to a high of 63.60. The Medical Devices & Instruments industry median EV-to-OCF is 7.92. Medline's value of 24.03 is 203.6% above this industry median. Based on the distribution chart, Medline ranks #676 out of 852 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Medline has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Medline's EV-to-OCF compare to RMD and WST?
According to the Medical Devices & Instruments industry distribution chart, Medline ranks #676 out of 852 companies for EV-to-OCF. This places Medline in the lower half of its industry. The industry median EV-to-OCF is 7.92. Medline's value of 24.03 is 203.6% above this benchmark. Historically, Medline's own EV-to-OCF has ranged from 23.58 to 63.60 over the past decade. While the company's 10-year median is 31.77 vs. the industry median of 7.92, Medline has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Medical Devices & Instruments company?
The median EV-to-OCF among Medical Devices & Instruments companies is 7.92, based on 852 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medline's current EV-to-OCF of 24.03 is 203.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median EV-to-OCF is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medline's current EV-to-OCF is 24.03, which is 24% below median its own 10-year median of 31.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medline stock overvalued right now?
Medline (MDLN) has a current EV-to-OCF of 24.03. The current EV-to-OCF is 24.03, which is 24% below median its 10-year median of 31.77 and 203.6% above the Medical Devices & Instruments industry median of 7.92. Medline's overall GF Score™ is 16/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Medline (MDLN), the current EV-to-OCF is 24.03 as of Aug. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Medline is the largest provider of medical-surgical products and supply chain solutions in the US. The company generates over 90% of its revenue domestically and serves some of the largest US health systems. Medline offers approximately 190,000 Medline-branded products across more than 250 product families—including front-line care, surgical solutions, and laboratory and diagnostics—as well as roughly 150,000 third-party products sourced from over 1,250 vendors. The company maintains prime vendor relationships with many customers, acting as the primary consolidated logistics partner for their medical-surgical needs. Medline has significant scale, supported by more than 30 manufacturing facilities and a fleet of over 2,000 owned delivery trucks. Medline went public in December 2025.
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