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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, ICU Medical, Inc. (ICUI) trades at a price to free cash flow of 21.2×. Over the past ten years it has ranged from 0.0× (December 2023) to 2,505× (July 2019); the current reading is higher than 21% of that period. That is below the Medical Instruments & Supplies industry median of 23.5× and in line with the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 38.7× 17.10%
FY2024 33.0× (0.08%)
FY2023 33.1× —
FY2022 0.0× —
FY2021 27.0× (22.68%)
FY2020 34.9× —
FY2019 0.0× —
FY2018 64.0× 12.81%
FY2017 56.7× 63.59%
FY2016 34.7× 4.44%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 20.4× (14.89%)
Jun 2026 24.0× (38.48%)
Mar 2026 39.0× 0.75%
Dec 2025 38.7× (18.59%)
43 more quarters

Against its own ten years

Low 0.0× High 2,505×
Ten-year median 30.7×
Current reading's percentile 21

Price to free cash flow against peers

Company Price to free cash flow
STVN Stevanato Group S.p.A. compare n/m
PLSE Pulse Biosciences, Inc compare n/m
MMED MiniMed Group, Inc. compare n/m
NVST Envista Holdings Corporation compare 16.4×
ICUI ICU Medical, Inc. 21.2×
MMSI Merit Medical Systems, Inc. compare 23.6×
TFX Teleflex Incorporated compare 125×
ATRC AtriCure, Inc. compare 129×
WRBY Warby Parker Inc. compare 153×
Medical Instruments & Supplies industry median 23.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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