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/S ratio

Alert me on P/S ratio

As of 5 November 2026, ICU Medical, Inc. (ICUI) trades at a P/S ratio of 1.9×. Over the past ten years it has ranged from 0.9× (November 2023) to 6.7× (March 2017); the current reading is higher than 32% of that period. That is below the Medical Instruments & Supplies industry median of 2.5× and below the Healthcare sector median of 3.5×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 1.6× (0.83%)
FY2024 1.6× 46.67%
FY2023 1.1× (35.25%)
FY2022 1.7× (56.25%)
FY2021 3.8× 8.37%
FY2020 3.5× 15.73%
FY2019 3.0× (8.86%)
FY2018 3.3× 2.01%
FY2017 3.3× (47.73%)
FY2016 6.3× 19.92%

Quarterly newest first

Period P/S ratio Change
Sep 2026 1.8× 8.34%
Jun 2026 1.7× 14.44%
Mar 2026 1.5× (5.88%)
Dec 2025 1.6× 23.45%
43 more quarters

Against its own ten years

Low 0.9× High 6.7×
Ten-year median 3.3×
Current reading's percentile 35

P/S ratio against peers

Company P/S ratio
NVST Envista Holdings Corporation compare 1.4×
MMED MiniMed Group, Inc. compare 1.7×
ICUI ICU Medical, Inc. 1.9×
STVN Stevanato Group S.p.A. compare 2.5×
TFX Teleflex Incorporated compare 2.9×
MMSI Merit Medical Systems, Inc. compare 3.3×
WRBY Warby Parker Inc. compare 3.5×
ATRC AtriCure, Inc. compare 5.0×
PLSE Pulse Biosciences, Inc compare 2,559×
Medical Instruments & Supplies industry median 2.5×
Healthcare sector median 3.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on ICUI