ICU Medical (ICUI) vs MiniMed Group (MMED)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
MiniMed Group is the larger company by market cap ($5.57 billion vs $3.93 billion), about 1.4 times the size. On valuation, ICU Medical trades at a lower forward P/E (16.3x vs 31.1x for MiniMed Group). ICU Medical converts more of its revenue into profit, with a net margin of 0.0% versus -10.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ICUI | MMED |
|---|---|---|
| Share price | $157.18 | $19.80 |
| Market cap | $3.93B | $5.57B |
| 1-day change | +0.74% | +3.61% |
| YTD return | +10.17% | — |
| 1-year return | +30.65% | — |
| 5-year return | -31.91% | — |
| P/E ratio (TTM) | 132.08 | — |
| Forward P/E | 16.29 | 31.07 |
| EPS (TTM) | $1.19 | $-1.53 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.23B | $3.10B |
| Revenue growth (YoY) | -6.33% | +14.25% |
| Net income (latest FY) | $732.00K | $-333.00M |
| Gross margin | 36.84% | 54.16% |
| Operating margin | 1.92% | -6.13% |
| Net margin | 0.03% | -10.74% |
| 52-week high | $192.85 | $24.43 |
| 52-week low | $112.50 | $10.65 |
| Distance from 52-week high | -18.50% | -18.95% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +23.03% | +24.70% |
| Average volume | 277.18K | 2.48M |
| Shares outstanding | 25.01M | 281.35M |
| Employees | 13,000 | 8,000 |
| Sector | Health Care | Health Care |
| Industry | Medical/Dental Instruments | Medical/Dental Instruments |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ICU Medical is more profitable, keeping 0.0 cents of every revenue dollar as net income versus -10.7 cents for MiniMed Group.
- MiniMed Group grew revenue faster in its latest fiscal year (+14.25% vs -6.33%).
About ICU Medical
ICUI stock →ICU Medical, Inc., together with its subsidiaries, develops, manufactures, and sells medical products used in infusion therapy, vascular access, and vital care applications worldwide. It offers Clave needlefree products under the MicroClave, MicroClave Clear, and NanoClave brands; Neutron catheter patency devices; ChemoLock closed system transfer devices and ChemoClaveTM for preparation and administration of hazardous drugs; Tego needle free connectors; Deltec GRIPPER non-coring needles for portal access; ClearGuard, SwabCap, and SwabTip disinfection caps; and vascular access products.
Health Care · Medical/Dental Instruments · 13,000 employees
About MiniMed Group
MMED stock →MiniMed Group, Inc. operates as a medical technology company that develops, manufactures, and markets medical equipment for the management of diabetes.
Health Care · Medical/Dental Instruments · 8,000 employees
ICUI vs MMED FAQ
Which is bigger, ICU Medical or MiniMed Group?
MiniMed Group (MMED) is larger, with a market capitalization of $5.57B compared with $3.93B for ICU Medical (ICUI).
Are ICU Medical and MiniMed Group in the same industry?
Yes. Both are classified in the Medical/Dental Instruments industry within the Health Care sector.