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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and ICU MEDICAL INC (ICUI). Click either name above to swap in a different company.

ICU MEDICAL INC is the larger business by last-quarter revenue ($540.7M vs $336.2M, roughly 1.6× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs -2.9%, a 31.1% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs -14.1%). Over the past eight quarters, FULTON FINANCIAL CORP's revenue compounded faster (0.2% CAGR vs -2.3%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

ICU Medical, Inc. is a medical technology company based in San Clemente, California. ICU Medical products are designed to prevent bloodstream infections and protect healthcare workers from exposure to infectious diseases or hazardous drugs. ICU Medical product line includes intravenous therapy (IV) products, pumps, needle-free vascular access devices, custom infusion sets, closed system hazardous drug handling devices and systems, sensor catheters, needle-free closed blood sampling systems, a...

FULT vs ICUI — Head-to-Head

Bigger by revenue
ICUI
ICUI
1.6× larger
ICUI
$540.7M
$336.2M
FULT
Growing faster (revenue YoY)
FULT
FULT
+18.3% gap
FULT
4.2%
-14.1%
ICUI
Higher net margin
FULT
FULT
31.1% more per $
FULT
28.2%
-2.9%
ICUI
Faster 2-yr revenue CAGR
FULT
FULT
Annualised
FULT
0.2%
-2.3%
ICUI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
ICUI
ICUI
Revenue
$336.2M
$540.7M
Net Profit
$94.8M
$-15.7M
Gross Margin
37.5%
Operating Margin
1.0%
Net Margin
28.2%
-2.9%
Revenue YoY
4.2%
-14.1%
Net Profit YoY
1.9%
34.0%
EPS (diluted)
$0.55
$-0.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
ICUI
ICUI
Q1 26
$336.2M
Q4 25
$336.0M
$540.7M
Q3 25
$334.6M
$537.0M
Q2 25
$324.1M
$548.9M
Q1 25
$318.4M
$604.7M
Q4 24
$319.6M
$629.8M
Q3 24
$317.7M
$589.1M
Q2 24
$334.7M
$596.5M
Net Profit
FULT
FULT
ICUI
ICUI
Q1 26
$94.8M
Q4 25
$99.0M
$-15.7M
Q3 25
$100.5M
$-3.4M
Q2 25
$99.2M
$35.3M
Q1 25
$93.0M
$-15.5M
Q4 24
$68.6M
$-23.8M
Q3 24
$63.2M
$-33.0M
Q2 24
$95.0M
$-21.4M
Gross Margin
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
37.5%
Q3 25
37.4%
Q2 25
37.9%
Q1 25
34.7%
Q4 24
36.1%
Q3 24
34.8%
Q2 24
34.8%
Operating Margin
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
35.7%
1.0%
Q3 25
38.2%
2.6%
Q2 25
37.8%
1.9%
Q1 25
36.1%
2.1%
Q4 24
27.0%
6.0%
Q3 24
25.1%
1.4%
Q2 24
30.8%
1.3%
Net Margin
FULT
FULT
ICUI
ICUI
Q1 26
28.2%
Q4 25
29.5%
-2.9%
Q3 25
30.0%
-0.6%
Q2 25
30.6%
6.4%
Q1 25
29.2%
-2.6%
Q4 24
21.5%
-3.8%
Q3 24
19.9%
-5.6%
Q2 24
28.4%
-3.6%
EPS (diluted)
FULT
FULT
ICUI
ICUI
Q1 26
$0.55
Q4 25
$0.53
$-0.63
Q3 25
$0.53
$-0.14
Q2 25
$0.53
$1.43
Q1 25
$0.49
$-0.63
Q4 24
$0.36
$-0.97
Q3 24
$0.33
$-1.35
Q2 24
$0.52
$-0.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
ICUI
ICUI
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$2.1B
Total Assets
$32.2B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$308.6M
Q3 24
$312.5M
Q2 24
$302.6M
Stockholders' Equity
FULT
FULT
ICUI
ICUI
Q1 26
$3.5B
Q4 25
$3.5B
$2.1B
Q3 25
$3.4B
$2.1B
Q2 25
$3.3B
$2.1B
Q1 25
$3.3B
$2.0B
Q4 24
$3.2B
$2.0B
Q3 24
$3.2B
$2.0B
Q2 24
$3.1B
$2.0B
Total Assets
FULT
FULT
ICUI
ICUI
Q1 26
$32.2B
Q4 25
$32.1B
$4.1B
Q3 25
$32.0B
$4.1B
Q2 25
$32.0B
$4.1B
Q1 25
$32.1B
$4.2B
Q4 24
$32.1B
$4.2B
Q3 24
$32.2B
$4.3B
Q2 24
$31.8B
$4.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
ICUI
ICUI
Operating Cash FlowLast quarter
$60.6M
Free Cash FlowOCF − Capex
$36.0M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$91.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
$304.5M
$60.6M
Q3 25
$116.1M
$56.7M
Q2 25
$91.7M
$11.2M
Q1 25
$703.0K
$51.3M
Q4 24
$416.6M
$40.2M
Q3 24
$-22.0M
$36.1M
Q2 24
$157.8M
$82.0M
Free Cash Flow
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
$36.0M
Q3 25
$27.6M
Q2 25
$-8.5M
Q1 25
$36.7M
Q4 24
$16.1M
Q3 24
$16.2M
Q2 24
$62.5M
FCF Margin
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
6.6%
Q3 25
5.1%
Q2 25
-1.5%
Q1 25
6.1%
Q4 24
2.6%
Q3 24
2.7%
Q2 24
10.5%
Capex Intensity
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
4.6%
Q3 25
5.4%
Q2 25
3.6%
Q1 25
2.4%
Q4 24
3.8%
Q3 24
3.4%
Q2 24
3.3%
Cash Conversion
FULT
FULT
ICUI
ICUI
Q1 26
Q4 25
3.08×
Q3 25
1.16×
Q2 25
0.92×
0.32×
Q1 25
0.01×
Q4 24
6.07×
Q3 24
-0.35×
Q2 24
1.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

ICUI
ICUI

Infusion Consumables$284.7M53%
Infusion Systems$176.3M33%
Vital Care$79.7M15%

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