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Side-by-side financial comparison of ICU MEDICAL INC (ICUI) and LEGGETT & PLATT INC (LEG). Click either name above to swap in a different company.

LEGGETT & PLATT INC is the larger business by last-quarter revenue ($938.6M vs $540.7M, roughly 1.7× ICU MEDICAL INC). LEGGETT & PLATT INC runs the higher net margin — 2.7% vs -2.9%, a 5.6% gap on every dollar of revenue. On growth, LEGGETT & PLATT INC posted the faster year-over-year revenue change (-11.2% vs -14.1%). LEGGETT & PLATT INC produced more free cash flow last quarter ($101.9M vs $36.0M). Over the past eight quarters, ICU MEDICAL INC's revenue compounded faster (-2.3% CAGR vs -7.5%).

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...

Leggett & Platt (L&P), based in Carthage, Missouri, is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The firm was founded in 1883, and consists of 15 business units, 20,000 employee-partners, and 135 manufacturing facilities located in 18 countries.

ICUI vs LEG — Head-to-Head

Bigger by revenue
LEG
LEG
1.7× larger
LEG
$938.6M
$540.7M
ICUI
Growing faster (revenue YoY)
LEG
LEG
+3.0% gap
LEG
-11.2%
-14.1%
ICUI
Higher net margin
LEG
LEG
5.6% more per $
LEG
2.7%
-2.9%
ICUI
More free cash flow
LEG
LEG
$65.9M more FCF
LEG
$101.9M
$36.0M
ICUI
Faster 2-yr revenue CAGR
ICUI
ICUI
Annualised
ICUI
-2.3%
-7.5%
LEG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ICUI
ICUI
LEG
LEG
Revenue
$540.7M
$938.6M
Net Profit
$-15.7M
$25.1M
Gross Margin
37.5%
17.9%
Operating Margin
1.0%
2.0%
Net Margin
-2.9%
2.7%
Revenue YoY
-14.1%
-11.2%
Net Profit YoY
34.0%
76.8%
EPS (diluted)
$-0.63
$0.18

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
ICUI
ICUI
LEG
LEG
Q4 25
$540.7M
$938.6M
Q3 25
$537.0M
$1.0B
Q2 25
$548.9M
$1.1B
Q1 25
$604.7M
$1.0B
Q4 24
$629.8M
$1.1B
Q3 24
$589.1M
$1.1B
Q2 24
$596.5M
$1.1B
Q1 24
$566.7M
$1.1B
Net Profit
ICUI
ICUI
LEG
LEG
Q4 25
$-15.7M
$25.1M
Q3 25
$-3.4M
$127.1M
Q2 25
$35.3M
$52.5M
Q1 25
$-15.5M
$30.6M
Q4 24
$-23.8M
$14.2M
Q3 24
$-33.0M
$44.9M
Q2 24
$-21.4M
$-602.2M
Q1 24
$-39.5M
$31.6M
Gross Margin
ICUI
ICUI
LEG
LEG
Q4 25
37.5%
17.9%
Q3 25
37.4%
18.7%
Q2 25
37.9%
18.2%
Q1 25
34.7%
18.6%
Q4 24
36.1%
16.6%
Q3 24
34.8%
18.2%
Q2 24
34.8%
16.5%
Q1 24
32.7%
17.0%
Operating Margin
ICUI
ICUI
LEG
LEG
Q4 25
1.0%
2.0%
Q3 25
2.6%
14.9%
Q2 25
1.9%
6.8%
Q1 25
2.1%
4.4%
Q4 24
6.0%
2.4%
Q3 24
1.4%
5.2%
Q2 24
1.3%
-56.2%
Q1 24
-1.9%
3.9%
Net Margin
ICUI
ICUI
LEG
LEG
Q4 25
-2.9%
2.7%
Q3 25
-0.6%
12.3%
Q2 25
6.4%
5.0%
Q1 25
-2.6%
3.0%
Q4 24
-3.8%
1.3%
Q3 24
-5.6%
4.1%
Q2 24
-3.6%
-53.4%
Q1 24
-7.0%
2.9%
EPS (diluted)
ICUI
ICUI
LEG
LEG
Q4 25
$-0.63
$0.18
Q3 25
$-0.14
$0.91
Q2 25
$1.43
$0.38
Q1 25
$-0.63
$0.22
Q4 24
$-0.97
$0.10
Q3 24
$-1.35
$0.33
Q2 24
$-0.88
$-4.39
Q1 24
$-1.63
$0.23

Balance Sheet & Financial Strength

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

Metric
ICUI
ICUI
LEG
LEG
Cash + ST InvestmentsLiquidity on hand
$587.4M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.1B
$1.0B
Total Assets
$4.1B
$3.5B
Debt / EquityLower = less leverage
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ICUI
ICUI
LEG
LEG
Q4 25
$587.4M
Q3 25
$460.7M
Q2 25
$368.8M
Q1 25
$412.6M
Q4 24
$308.6M
$350.2M
Q3 24
$312.5M
$277.2M
Q2 24
$302.6M
$307.0M
Q1 24
$251.4M
$361.3M
Total Debt
ICUI
ICUI
LEG
LEG
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.6B
Q2 24
$1.7B
Q1 24
$1.8B
Stockholders' Equity
ICUI
ICUI
LEG
LEG
Q4 25
$2.1B
$1.0B
Q3 25
$2.1B
$971.8M
Q2 25
$2.1B
$855.0M
Q1 25
$2.0B
$746.8M
Q4 24
$2.0B
$689.4M
Q3 24
$2.0B
$741.0M
Q2 24
$2.0B
$667.6M
Q1 24
$2.1B
$1.3B
Total Assets
ICUI
ICUI
LEG
LEG
Q4 25
$4.1B
$3.5B
Q3 25
$4.1B
$3.5B
Q2 25
$4.1B
$3.7B
Q1 25
$4.2B
$3.7B
Q4 24
$4.2B
$3.7B
Q3 24
$4.3B
$3.8B
Q2 24
$4.3B
$3.8B
Q1 24
$4.3B
$4.6B
Debt / Equity
ICUI
ICUI
LEG
LEG
Q4 25
1.46×
Q3 25
1.54×
Q2 25
2.10×
Q1 25
2.59×
Q4 24
2.70×
Q3 24
2.13×
Q2 24
2.55×
Q1 24
1.38×

Cash Flow & Capital Efficiency

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

Metric
ICUI
ICUI
LEG
LEG
Operating Cash FlowLast quarter
$60.6M
$121.5M
Free Cash FlowOCF − Capex
$36.0M
$101.9M
FCF MarginFCF / Revenue
6.6%
10.9%
Capex IntensityCapex / Revenue
4.6%
2.1%
Cash ConversionOCF / Net Profit
4.84×
TTM Free Cash FlowTrailing 4 quarters
$91.8M
$281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ICUI
ICUI
LEG
LEG
Q4 25
$60.6M
$121.5M
Q3 25
$56.7M
$125.9M
Q2 25
$11.2M
$84.0M
Q1 25
$51.3M
$6.8M
Q4 24
$40.2M
$122.3M
Q3 24
$36.1M
$95.5M
Q2 24
$82.0M
$94.0M
Q1 24
$45.8M
$-6.1M
Free Cash Flow
ICUI
ICUI
LEG
LEG
Q4 25
$36.0M
$101.9M
Q3 25
$27.6M
$110.1M
Q2 25
$-8.5M
$75.5M
Q1 25
$36.7M
$-6.5M
Q4 24
$16.1M
$100.5M
Q3 24
$16.2M
$77.1M
Q2 24
$62.5M
$78.5M
Q1 24
$29.9M
$-32.0M
FCF Margin
ICUI
ICUI
LEG
LEG
Q4 25
6.6%
10.9%
Q3 25
5.1%
10.6%
Q2 25
-1.5%
7.1%
Q1 25
6.1%
-0.6%
Q4 24
2.6%
9.5%
Q3 24
2.7%
7.0%
Q2 24
10.5%
7.0%
Q1 24
5.3%
-2.9%
Capex Intensity
ICUI
ICUI
LEG
LEG
Q4 25
4.6%
2.1%
Q3 25
5.4%
1.5%
Q2 25
3.6%
0.8%
Q1 25
2.4%
1.3%
Q4 24
3.8%
2.1%
Q3 24
3.4%
1.7%
Q2 24
3.3%
1.4%
Q1 24
2.8%
2.4%
Cash Conversion
ICUI
ICUI
LEG
LEG
Q4 25
4.84×
Q3 25
0.99×
Q2 25
0.32×
1.60×
Q1 25
0.22×
Q4 24
8.61×
Q3 24
2.13×
Q2 24
Q1 24
-0.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ICUI
ICUI

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

LEG
LEG

Bedding Products$373.8M40%
Flooring And Textile Products Group$196.9M21%
Automotive Group$194.9M21%
Work Furniture Group$66.2M7%
Home Furniture Group$61.0M6%
Hydraulic Cylinders$45.8M5%

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