Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 2.96 is 27% below its 5-year average of 4.02, near the low end of its 5-year range (2.83–5.06).
As of the fiscal period ended Tuesday, June 30, 2026. 4.12% below its 12-month average of 3.08.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
2.96
CURRENT RATIO AVG TTM
3.08
CURRENT RATIO AVG 3Y
3.88
CURRENT RATIO AVG 5Y
4.02
CURRENT RATIO AVG 10Y
4.33
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-4.12%
CURRENT VS 3Y AVG
-23.72%
CURRENT VS 5Y AVG
-26.52%
CURRENT VS 10Y AVG
-31.68%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.86
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+58.56%
vs the sector median at left
Market Cap
$236.46B
Current Ratio
4.86
TTM Avg
4.23
3Y Avg
4.43
5Y Avg
4.55
Market Cap
$218.66B
Current Ratio
0.79
TTM Avg
0.99
3Y Avg
0.96
5Y Avg
0.95
Market Cap
$274.64B
Current Ratio
0.87
TTM Avg
0.88
3Y Avg
0.86
5Y Avg
0.85
Market Cap
$213.85B
Current Ratio
1.57
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
Market Cap
$279.31B
Current Ratio
5.25
TTM Avg
5.60
3Y Avg
4.15
5Y Avg
4.15
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $245.49B | 2.96 | 3.08 | 3.88 | 4.02 |
| SAP SE (SAP)vs › | $246.50B | 1.15 | 1.15 | 1.19 | 1.19 |
| KLA Corporation (KLAC)vs › | $246.86B | 2.88 | 2.75 | 2.47 | 2.52 |
| Texas Instruments Incorporated (TXN)vs › | $236.46B | 4.86 | 4.23 | 4.43 | 4.55 |
| Sandisk Corporation (SNDK)vs › | $257.38B | 2.29 | 2.29 | 2.51 | 2.17 |
| International Business Machines Corporation (IBM)vs › | $218.66B | 0.79 | 0.99 | 0.96 | 0.95 |
| Palo Alto Networks, Inc. (PANW)vs › | $274.64B | 0.87 | 0.88 | 0.86 | 0.85 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $213.85B | 1.57 | 1.72 | 1.69 | 1.84 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $279.31B | 5.25 | 5.60 | 4.15 | 4.15 |
| Salesforce, Inc. (CRM)vs › | $204.03B | 0.84 | 0.91 | 0.98 | 1.04 |
Current Ratio
2.96
Quick Ratio
2.59
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-06-30 | 2.96 |
| 2026-03-31 | 2.83 |
| 2025-12-31 | 3.05 |
| 2025-09-30 | 3.25 |
| 2025-06-30 | 3.33 |
| 2025-03-31 | 3.93 |
| 2024-12-31 | 4.36 |
| 2024-09-30 | 4.47 |
| 2024-06-30 | 4.55 |
| 2024-03-31 | 5.01 |
| 2023-12-31 | 4.38 |
| 2023-09-30 | 4.15 |
| 2023-06-30 | 4.14 |
| 2023-03-31 | 3.96 |
| 2022-12-31 | 4.29 |
| 2022-09-30 | 4.01 |
| 2022-06-30 | 3.70 |
| 2022-03-31 | 3.73 |
| 2021-12-31 | 4.34 |
| 2021-09-30 | 5.06 |
| 2021-06-30 | 5.03 |
| 2021-03-31 | 5.09 |
| 2020-12-31 | 4.99 |
| 2020-09-30 | 5.50 |
| 2020-06-30 | 5.59 |
| 2020-03-31 | 5.82 |
| 2019-12-31 | 5.81 |
| 2019-09-30 | 5.91 |
| 2019-06-30 | 5.77 |
| 2019-03-31 | 5.34 |
| 2018-12-31 | 4.48 |
| 2018-09-30 | 4.51 |
| 2018-06-30 | 3.17 |
| 2018-03-31 | 5.20 |
| 2017-12-31 | 4.28 |
| 2017-09-30 | 3.66 |
| 2017-06-30 | 3.19 |
| 2017-03-31 | 3.26 |
| 2016-12-31 | 3.32 |
| 2016-09-30 | 3.73 |
| 2016-06-30 | 4.34 |
| 2016-03-31 | 4.78 |
| 2015-12-31 | 4.15 |
| 2015-09-30 | 4.09 |
| 2015-06-30 | 4.20 |
| 2015-03-31 | 4.96 |
| 2014-12-31 | 4.71 |
| 2014-09-30 | 5.78 |
| 2014-06-30 | 5.76 |
| 2014-03-31 | 1.47 |
| 2013-12-31 | 1.35 |
| 2013-09-30 | 2.77 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 3.82 |
