Icu Medical Inc/De
—- Market cap
- $4.19B
- Debt
- +$1.28B
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 77% equity / 23% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: ICUI stock price at discount vs SLG $167.58 current versus $351.52 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at SLG's multiple
Implied fair value · at ICUI's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ICUI FY 2025 (ended Dec 31, 2025) · SLG FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 77% equity / 23% debt
Capital structure 37% equity / 63% debt · EV / Revenue 10.47x · EV / EBITDA 30.34x
SLG carries the larger enterprise value at $10.50B against $5.48B; ICUI trades on the lower EV / Revenue multiple (2.45x vs 10.47x); ICUI on the lower EV / EBITDA (13.54x vs 30.34x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ICU MEDICAL INC/DE · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
SL GREEN REALTY CORP · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.60x
1.83x
Net debt / EBITDA
Leverage against operating earnings
—
18.93x
Cash and equivalents
Liquid reserves on the balance sheet
—
$179.41M
Total debt
Interest-bearing obligations outstanding
$1.28B
$6.73B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
BECTON DICKINSON & CO
ICUI vs BDX
TELEFLEX INC
ICUI vs TFX
HAEMONETICS CORP
ICUI vs HAE
BAXTER INTERNATIONAL INC
ICUI vs BAX
BXP, Inc.
ICUI vs BXP
VORNADO REALTY TRUST
ICUI vs VNO
Paramount Group, Inc.
ICUI vs PGRE
Empire State Realty Trust, Inc.
ICUI vs ESRT
COSTAR GROUP, INC.
ICUI vs CSGP
WELLTOWER INC.
ICUI vs WELL
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.