Stocktoria

ICU MEDICAL INC/DE ICUI

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 1992-03-31

ICU MEDICAL INC/DE statistics & valuation

P / S1.7×
P / B1.7×
P / FCF40.4×
Net margin0.0%
FCF margin4.1%
Net debt$1.3B
Net debt / EBITDA5.2×
Enterprise value USD$5.0B
EV / EBITDA20.4×
Earnings yield EBIT/EV0.9%
Return on capital1.2%
Graham number -95.8%$7.59

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($7.59); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
53.10% 33.00% 40.70% 37.30% 36.30% 37.30% 30.60% 32.80% 34.60% 36.80% 2016201720182019202020212022202320242025
Operating margin (%)
21.90% -1.00% 2.10% 8.50% 7.70% 9.40% -1.90% 1.00% 1.80% 1.90% 2016201720182019202020212022202320242025
Return on equity (%)
9.60% 5.70% 2.30% 7.30% 5.80% 6.40% -3.60% -1.40% -6.00% 0.00% 2016201720182019202020212022202320242025
Shares outstanding
17.3M 20.9M 21.6M 21.5M 21.6M 21.8M 24.0M 24.1M 24.5M 24.9M 2016201720182019202020212022202320242025
Net debt ($)
-$445.1M -$552.8M $1.41B $1.58B $1.53B $1.27B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
9.00% 4.60% 1.80% 6.00% 4.90% 5.50% -1.60% -0.70% -2.80% 0.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
17.60% 6.20% 4.80% 0.40% 10.30% 15.10% -6.70% 3.60% 5.20% 4.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.00× 0.78× 0.74× 0.78× 0.60× 2016201720182019202020212022202320242025
EPS ($)
$3.66 $3.29 $1.33 $4.69 $4.02 $4.74 -$3.11 -$1.23 -$4.83 $0.03 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ICU MEDICAL INC/DE trades at about 5978× earnings — above its 10-year norm (10-year range 24.3×–4996.7×, median 49.8×).

24.3× 5978×

Shaded band = 10-year range (24.3×–4996.7×); dot = today's 5978×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin36.8%34.6%32.8%30.6%37.3%36.3%37.3%40.7%33.0%53.1%
Operating margin1.9%1.8%1.0%-1.9%9.4%7.7%8.5%2.1%-1.0%21.9%
Net margin0.0%-4.9%-1.3%-3.3%7.8%6.8%8.0%2.1%5.3%16.6%
FCF margin4.1%5.2%3.6%-6.7%15.1%10.3%0.4%4.8%6.2%17.6%
Return on assets0.0%-2.8%-0.7%-1.6%5.5%4.9%6.0%1.8%4.6%9.0%
Return on equity0.0%-6.0%-1.4%-3.6%6.4%5.8%7.3%2.3%5.7%9.6%
Debt / equity0.60×0.78×0.74×0.78×0.00×0.00×
Current ratio2.392.592.532.505.134.713.553.724.1114.04

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.