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 · Mkt cap
Decision snapshot: ICUI stock price at premium vs SR $167.58 current versus $0.57 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at SR'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
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ICUI FY 2025 (ended Dec 31, 2025) · SR FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
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 56% equity / 44% debt · EV / Revenue 3.53x · EV / EBITDA 11.77x
SR carries the larger enterprise value at $8.74B against $5.48B; ICUI trades on the lower EV / Revenue multiple (2.45x vs 3.53x); SR on the lower EV / EBITDA (11.77x vs 13.54x).
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.
Spire Inc. · implied price per share
Latest annual free cash flow must be positive to qualify 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
1.14x
Net debt / EBITDA
Leverage against operating earnings
—
5.19x
Cash and equivalents
Liquid reserves on the balance sheet
—
$5.70M
Total debt
Interest-bearing obligations outstanding
$1.28B
$3.86B
Comparable set
Where the pair sits against the wider comparable set.
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