ICU Medical, Inc.

ICUI Healthcare Medical Instruments & Supplies

ICU Medical, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, down 6.33% from fiscal 2024.

Revenue
+4.37%
EPS
+864.3%
Free cash flow
+292.2%
Total debt
−12.3%

Quarter to September 2026, against a year earlier

166.97 5.65 −3.27%
Market cap
$4.2B
P/E
69.3×
Fwd P/E
48.8×
Dividend yield
—
F-score
6/9
Altman Z
2.12
Beneish M
−2.65
Dividend safety
n/a

ICU Medical, Inc. (ICUI) Current ratio

Alert me on Current ratio

ICU Medical, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.4×, down 0.0× from fiscal 2025 (2.4×). Over the past ten years it has ranged from 2.4× (fiscal 2025) to 14.0× (fiscal 2016) — the current reading is the lowest in ten years. That is in line with the Medical Instruments & Supplies industry median of 2.5× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.4× (7.95%)
FY2024 2.6× 2.29%
FY2023 2.5× 1.48%
FY2022 2.5× (51.31%)
FY2021 5.1× 8.90%
FY2020 4.7× 32.66%
FY2019 3.6× (4.52%)
FY2018 3.7× (9.56%)
FY2017 4.1× (70.71%)
FY2016 14.0× 18.48%

Quarterly newest first

Period Current ratio Change
Sep 2026 2.4× (2.44%)
Jun 2026 2.4× 3.72%
Mar 2026 2.3× (1.84%)
Dec 2025 2.4× (2.57%)
43 more quarters

Against its own ten years

Low 2.4× High 14.0×
Ten-year median 3.7×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
PLSE Pulse Biosciences, Inc compare 14.3×
MMSI Merit Medical Systems, Inc. compare 4.5×
ATRC AtriCure, Inc. compare 4.3×
TFX Teleflex Incorporated compare 2.6×
NVST Envista Holdings Corporation compare 2.5×
ICUI ICU Medical, Inc. 2.4×
WRBY Warby Parker Inc. compare 2.3×
MMED MiniMed Group, Inc. compare 1.8×
STVN Stevanato Group S.p.A. compare 1.7×
Medical Instruments & Supplies industry median 2.5×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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