MCK vs VALN vs MDLN Stock Comparison

Mckesson, Valneva SE and Medline Prices as of Oct 27, 2026 Peers: Industry group
MCK Mckesson Corp
$967.03 +11.6% 1M +19.2% 1Y
Market cap
$112.75B
P/E
25.0x
Revenue (TTM)
$410.98B
Div. yield
0.35%
Drug Distribution Healthcare
9 wins
VALN Valneva SE
$5.57 -9.3% 1M -39.8% 1Y
Market cap
$483.31M
P/E
–
Revenue (TTM)
$166.68M
Div. yield
–
Biotechnology Healthcare
MDLN Medline Inc.
$32.38 -6.7% 1M
Market cap
$42.57B
P/E
33.2x
Revenue (TTM)
$28.57B
Div. yield
–
Medical Supplies Healthcare
2 wins

Head to Head

11 decided of 12

Mckesson leads on 9 of the 12 questions below (Mckesson 9, Medline 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMCKVALNMDLNLeader
Larger companyMarket capitalisation $112.75B $483.31M $42.57B MCK
Cheaper on earningsLower P/E, profitable companies only 25.0x -3.5x 33.2x MCK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.5x — 22.5x MCK
Faster revenue growthRevenue growth, trailing twelve months +8.8% -21.9% — MCK
More profitableNet margin, trailing twelve months 1.1% -80.6% 2.9% MDLN
Better return on capitalReturn on invested capital 107.9% -44.8% 5.4% MCK
Less leveragedLower net debt / EBITDA 0.6x — 3.2x MCK
Higher dividend yieldTrailing dividend yield 0.35% — — –
Better 1-year returnPrice return, last 12 months +19.2% -39.8% — MCK
Better 5-year returnAnnualised price return, 5 years +36.4%/yr -34.3%/yr — MCK
Less volatileAnnualised volatility, 1 year 30.7% 70.8% 44.6% MCK
Higher overall scoreMean of the five percentile scores vs peers 57/100 34/100 67/100 MDLN

Percentile Scorecard

MCKVALNMDLN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMCKVALNMDLN
Valuation 50 #13 of 25 56 #277 of 625 84 #37 of 227
Growth 65 #9 of 24 8 #554 of 602 –
Profitability 61 #10 of 24 52 #264 of 551 73 #57 of 206
Financial Health 52 #13 of 26 22 #515 of 656 41 #140 of 238
Shareholder Returns 57 #7 of 15 33 #245 of 365 71 #39 of 134
Overall 57 34 67
  • MCK ranked among 27 companies in Healthcare Payers and Distributors
  • VALN ranked among 672 companies in Pharmaceuticals and Biotechnology
  • MDLN ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMCKVALNMDLNSPY
1 month +11.6%-9.3%-6.7% -0.2%
3 months +8.7%+10.1%-20.1% +3.9%
6 months +15.8%+0.7%-26.8% +8.2%
Year to date +17.9%-36.8%-22.9% +12.9%
1 year +19.2%-39.8%— +12.3%
3 years +115.8%-48.4%— +87.4%
3 years, per year +29.3%-19.8%— +23.3%
5 years +371.7%-87.7%— +67.9%
5 years, per year +36.4%-34.3%— +10.9%
10 years +502.5%—— +261.1%
10 years, per year +19.7%—— +13.7%

Risk

MeasureMCKVALNMDLNSPY
Volatility, 1Y 30.7%70.8%44.6% 12.7%
Downside volatility, 1Y 27.4%78.7%48.7% 12.7%
Beta vs S&P 500, 1Y -0.270.520.61 1.00
Return / volatility, 1Y 0.62-0.56— 0.97
Max drawdown, 5Y -27.2%-94.5%-36.7% -25.4%
From 52-week high -6.1%-53.5%-35.2% -1.2%
52-week high $1,030.18$11.99$49.99 $779.14
52-week low $725.17$4.78$31.64 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMCKVALNMDLN
P/E now vs peer median 25.0xmedian 23.9x -3.5xmedian 17.2x 33.2xmedian 29.6x
P/S now vs peer median 0.3xmedian 0.3x 2.9xmedian 9.0x 1.5xmedian 2.9x
EV/EBITDA now vs peer median 16.2xmedian 13.4x —median 16.3x 17.0xmedian 17.4x
P/FCF now vs peer median 17.6xmedian 15.5x -7.1xmedian 18.7x 26.8xmedian 22.3x
P/B now vs peer median -26.6xmedian 2.5x 5.2xmedian 2.2x 2.2xmedian 2.3x
PEG now vs peer median 2.09median 1.34 0.01median 0.33 —median 1.04

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMCKVALNMDLN
Revenue $410.98B $166.68M $28.57B
Gross profit $14.96B $27.35M $7.79B
Operating income $6.50B -$134.30M $2.03B
Net income $5.30B -$183.90M $1.03B
Free cash flow $6.42B -$67.63M $1.59B
R&D – $96.94M –
EPS (diluted) $38.52 $-1.60 $0.97
Cash & equivalents $5.16B $138.81M $2.33B
Total debt $9.73B $210.28M $12.58B
Shares (diluted) 119.20M 84.09M 861.00M
Enterprise value $99.21B -$73.24M $43.02B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMCKVALNMDLN
P/E 25.0x -3.5x 33.2x
P/FCF 17.6x -7.1x 26.8x
P/Operating cash flow 16.5x -7.4x 21.2x
P/S 0.3x 2.9x 1.5x
P/B -26.6x 5.2x 2.2x
P/Tangible book -13.7x 7.0x 7.7x
EV/EBITDA 16.2x – 17.0x
EV/EBIT 18.1x -4.1x 25.8x
EV/Revenue 0.3x 3.3x 1.8x
EV/FCF 18.3x -8.2x 33.0x
EV/Operating cash flow 17.1x -8.5x 26.2x
PEG (3Y EPS CAGR) 2.09 0.01 –

Growth

14 metrics
MetricMCKVALNMDLN
Revenue growth (1Y) 8.8% -21.9% –
Revenue CAGR (3Y) 13.1% -22.0% –
Gross profit growth (1Y) 11.2% -73.8% –
Gross profit CAGR (3Y) 6.6% -41.6% –
Operating income growth (1Y) 46.6% -146.1% –
Operating income CAGR (3Y) 13.5% -379.4% –
Net income growth (1Y) 58.1% -153.7% –
Net income CAGR (3Y) 10.7% -164.3% –
EPS growth (1Y) 52.8% -113.2% –
EPS CAGR (3Y) 12.0% -322.9% –
Operating cash flow growth (1Y) 4.7% -396.6% –
Operating cash flow CAGR (3Y) 10.7% 33.2% –
Free cash flow growth (1Y) 6.8% -154.4% –
Free cash flow CAGR (3Y) 11.3% 34.4% –

Profitability

14 metrics
MetricMCKVALNMDLN
Gross margin 3.6% 16.4% 27.3%
EBITDA margin 1.8% – 10.8%
Operating margin 1.6% -80.6% 7.1%
Pretax margin 1.6% -110.3% 4.3%
Net margin 1.1% -80.6% 2.9%
FCF margin 1.6% -40.6% 5.6%
Operating cash flow margin 1.7% -38.9% 7.0%
Return on equity – -203.7% 5.4%
Return on assets 6.2% -42.3% 2.6%
Return on invested capital 107.9% -44.8% 5.4%
Return on capital employed 43.4% -42.4% 5.6%
Asset turnover 4.8x 0.4x 0.7x
Cash conversion (OCF / net income) 1.3x 0.4x 2.0x
Stock comp / revenue – – 0.3%

Financial Health

11 metrics
MetricMCKVALNMDLN
Debt / assets 11.0% 47.4% 32.0%
Debt / equity -2.3x 2.3x 0.7x
Net debt / EBITDA 0.6x – 3.2x
Debt / FCF 1.5x -3.1x 7.9x
Liabilities / assets 104.8% 79.1% 51.5%
Equity / assets -4.8% 20.9% 48.5%
Interest coverage 23.6x -2.8x –
Current ratio 0.9x 2.2x 4.3x
Quick ratio 0.5x 1.3x 2.3x
Cash ratio 0.1x 1.2x 1.0x
Altman Z-score 5.89 -1.88 2.44

Shareholder Returns

7 metrics
MetricMCKVALNMDLN
Dividend yield 0.4% – –
Net buyback yield 5.9% -10.9% 0.0%
Shareholder yield 6.2% -10.9% 0.0%
Payout ratio (earnings) 7.4% – –
Payout ratio (FCF) 6.1% – –
Dividend growth (1Y) 11.3% – –
Dividend CAGR (3Y) 10.0% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMCKVALNMDLN
Forward P/E 20.5xFY2026 – 22.5xFY2026
EPS, next fiscal year $47.15FY2026 $-0.99FY2026 $1.44FY2026
EPS growth, next FY +20.6%FY2026 – +0.7%FY2026
EPS growth, the year after +11.0% – +13.9%
Revenue, next fiscal year $444.47BFY2026 $162.94MFY2026 $32.52BFY2026
Revenue growth, next FY +10.2%FY2026 -19.0%FY2026 +14.4%FY2026
Revenue growth, the year after +1.5% +96.0% +8.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMCKVALNMDLN
Held by institutions 89.1% 4.4% 85.5%
Institutions holding 2,009 20 407
Change in shares held, QoQ -0.7% -3.3% +17.9%
Institutions buying 881 13 322
Institutions selling 791 1 68
Buyers to sellers 1.11 13.00 4.74

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MCKVALNMDLN
MCK 1.00 0.03 0.19
VALN 0.03 1.00 0.11
MDLN 0.19 0.11 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, MCK, VALN and MDLN?

Mckesson (MCK) is the largest by market capitalisation: Mckesson (MCK) $112.75B, Valneva SE (VALN) $483.31M, Medline (MDLN) $42.57B.

Which stock is cheaper, MCK, VALN and MDLN?

Mckesson (MCK) trades on the lowest price-to-earnings ratio (Mckesson (MCK) 25.0x, Valneva SE (VALN) -3.5x, Medline (MDLN) 33.2x). On next year's consensus earnings, Mckesson (MCK) is cheapest (Mckesson (MCK) 20.5x, Medline (MDLN) 22.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mckesson (MCK) grew revenue fastest over the trailing twelve months: Mckesson (MCK) +8.8%, Valneva SE (VALN) -21.9%.

Which company is more profitable?

Medline (MDLN) has the highest net margin (Mckesson (MCK) 1.1%, Valneva SE (VALN) -80.6%, Medline (MDLN) 2.9%). On return on invested capital, Mckesson (MCK) leads (Mckesson (MCK) 107.9%, Valneva SE (VALN) -44.8%, Medline (MDLN) 5.4%).

Which stock has performed better?

Over the past year Mckesson (MCK) returned the most: Mckesson (MCK) +19.2%, Valneva SE (VALN) -39.8%. Over five years, Mckesson (MCK) compounded fastest (Mckesson (MCK) +36.4%/yr, Valneva SE (VALN) -34.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Mckesson (MCK) 0.35%. Valneva SE (VALN) and Medline (MDLN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mckesson (MCK) has been the steadiest (Mckesson (MCK) 30.7%, Valneva SE (VALN) 70.8%, Medline (MDLN) 44.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MCK, VALN and MDLN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mckesson (MCK) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.