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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ICU Medical, Inc. (ICUI) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 0.9× (November 2023) to 5.1× (June 2018); the current reading is higher than 27% of that period. That is below the Medical Instruments & Supplies industry median of 2.3× and below the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.7× (14.04%)
FY2024 1.9× 67.08%
FY2023 1.2× (36.85%)
FY2022 1.8× (41.40%)
FY2021 3.1× 4.33%
FY2020 3.0× 6.50%
FY2019 2.8× (24.37%)
FY2018 3.7× 4.77%
FY2017 3.5× (1.88%)
FY2016 3.6× 16.96%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.8× 7.54%
Jun 2026 1.7× 12.47%
Mar 2026 1.5× (8.51%)
Dec 2025 1.7× 18.90%
43 more quarters

Against its own ten years

Low 0.9× High 5.1×
Ten-year median 2.7×
Current reading's percentile 29

P/B ratio against peers

Company P/B ratio
NVST Envista Holdings Corporation compare 1.3×
MMED MiniMed Group, Inc. compare 1.4×
ICUI ICU Medical, Inc. 1.9×
STVN Stevanato Group S.p.A. compare 2.0×
TFX Teleflex Incorporated compare 2.3×
MMSI Merit Medical Systems, Inc. compare 3.1×
ATRC AtriCure, Inc. compare 5.6×
WRBY Warby Parker Inc. compare 8.1×
PLSE Pulse Biosciences, Inc compare 20.8×
Medical Instruments & Supplies industry median 2.3×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on ICUI