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 1.43 is in line with its 5-year average of 1.32, around the middle of its 5-year range (0.69–2.24).
As of the fiscal period ended Sunday, May 31, 2026. 24.13% below its 12-month average of 1.89.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
1.43
CURRENT RATIO AVG TTM
1.89
CURRENT RATIO AVG 3Y
1.51
CURRENT RATIO AVG 5Y
1.27
CURRENT RATIO AVG 10Y
1.40
CURRENT RATIO AVG 15Y
1.76
CURRENT RATIO AVG 20Y
2.20
CURRENT VS TTM AVG
-24.13%
CURRENT VS 3Y AVG
-4.95%
CURRENT VS 5Y AVG
+12.59%
CURRENT VS 10Y AVG
+2.73%
CURRENT VS 15Y AVG
-18.42%
CURRENT VS 20Y AVG
-34.75%
SECTOR MEDIAN · INDUSTRIALS
1.47
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
-2.45%
vs the sector median at left
Market Cap
$78.14B
Current Ratio
0.49
TTM Avg
0.54
3Y Avg
0.55
5Y Avg
0.52
Market Cap
$77.07B
Current Ratio
1.09
TTM Avg
1.04
3Y Avg
1.07
5Y Avg
1.19
Market Cap
$77.03B
Current Ratio
1.32
TTM Avg
1.31
3Y Avg
1.29
5Y Avg
1.32
Market Cap
$76.95B
Current Ratio
0.67
TTM Avg
0.67
3Y Avg
0.69
5Y Avg
0.80
Market Cap
$75.35B
Current Ratio
0.85
TTM Avg
0.88
3Y Avg
0.94
5Y Avg
0.95
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $81.89B | 1.43 | 1.89 | 1.51 | 1.27 |
| Illinois Tool Works Inc. (ITW)vs › | $82.56B | 1.21 | 1.29 | 1.33 | 1.61 |
| Emerson Electric Co. (EMR)vs › | $83.91B | 0.88 | 1.32 | 1.62 | 1.56 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.14B | 0.49 | 0.54 | 0.55 | 0.52 |
| Northrop Grumman Corporation (NOC)vs › | $77.07B | 1.09 | 1.04 | 1.07 | 1.19 |
| Honeywell International Inc. (HON)vs › | $77.03B | 1.32 | 1.31 | 1.29 | 1.32 |
| Canadian National Railway Company (CNI)vs › | $76.95B | 0.67 | 0.67 | 0.69 | 0.80 |
| Cummins Inc. (CMI)vs › | $87.51B | 1.76 | 1.54 | 1.38 | 1.52 |
| Norfolk Southern Corporation (NSC)vs › | $75.35B | 0.85 | 0.88 | 0.94 | 0.95 |
| United Parcel Service, Inc. (UPS)vs › | $88.54B | 1.22 | 1.19 | 1.18 | 1.22 |
Current Ratio
1.43
Quick Ratio
1.27
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 |
|---|---|
| 2026-05-31 | 1.43 |
| 2026-02-28 | 1.98 |
| 2025-11-30 | 1.71 |
| 2025-08-31 | 2.24 |
| 2025-05-31 | 2.09 |
| 2025-02-28 | 1.11 |
| 2024-11-30 | 0.99 |
| 2024-08-31 | 0.95 |
| 2024-05-31 | 1.12 |
| 2024-02-29 | 1.50 |
| 2023-11-30 | 1.40 |
| 2023-08-31 | 1.60 |
| 2023-05-31 | 1.49 |
| 2023-02-28 | 1.38 |
| 2022-11-30 | 1.23 |
| 2022-08-31 | 1.12 |
| 2022-05-31 | 1.14 |
| 2022-02-28 | 0.69 |
| 2021-11-30 | 0.82 |
| 2021-08-31 | 0.72 |
| 2021-05-31 | 1.01 |
| 2021-02-28 | 1.73 |
| 2020-11-30 | 1.54 |
| 2020-08-31 | 1.75 |
| 2020-05-31 | 1.65 |
| 2020-02-29 | 1.57 |
| 2019-11-30 | 1.29 |
| 2019-08-31 | 1.33 |
| 2019-05-31 | 1.23 |
| 2019-02-28 | 1.46 |
| 2018-11-30 | 1.31 |
| 2018-08-31 | 2.03 |
| 2018-05-31 | 1.64 |
| 2018-02-28 | 1.41 |
| 2017-11-30 | 1.19 |
| 2017-08-31 | 1.22 |
| 2017-05-31 | 1.17 |
| 2017-02-28 | 1.15 |
| 2016-11-30 | 1.41 |
| 2016-08-31 | 1.48 |
| 2016-05-31 | 1.95 |
| 2016-02-29 | 2.05 |
| 2015-11-30 | 1.81 |
| 2015-08-31 | 1.81 |
| 2015-05-31 | 2.79 |
| 2015-02-28 | 2.70 |
| 2014-11-30 | 2.52 |
| 2014-08-31 | 3.16 |
| 2014-05-31 | 2.87 |
| 2014-02-28 | 3.01 |
| 2013-11-30 | 2.63 |
| 2013-08-31 | 3.05 |
| 2013-05-31 | 2.92 |
| 2013-02-28 | 3.01 |
| 2012-11-30 | 2.74 |
| 2012-08-31 | 3.97 |
| 2012-05-31 | 2.30 |
| 2012-02-29 | 2.51 |
| 2011-11-30 | 2.21 |
| 2011-08-31 | 2.40 |
| 2011-05-31 | 3.92 |
| 2011-02-28 | 3.38 |
| 2010-11-30 | 2.89 |
| 2010-08-31 | 3.82 |
| 2010-05-31 | 3.97 |
| 2010-02-28 | 3.45 |
| 2009-11-30 | 4.24 |
| 2009-08-31 | 4.26 |
| 2009-05-31 | 4.00 |
| 2009-02-28 | 3.21 |
| 2008-11-30 | 3.84 |
| 2008-08-31 | 3.74 |
| 2008-05-31 | 3.49 |
| 2008-02-29 | 3.15 |
| 2007-11-30 | 3.38 |
| 2007-08-31 | 4.50 |
| 2007-05-31 | 2.87 |
| 2007-02-28 | 1.66 |
| 2006-11-30 | 1.75 |
| 2006-08-31 | 1.93 |
| 2006-05-31 | 2.86 |
| 2006-02-28 | 2.80 |
| 2005-11-30 | 3.17 |
| 2005-08-31 | 3.72 |
| 2005-05-31 | 3.27 |
| 2005-02-28 | 3.09 |
| 2004-11-30 | 3.45 |
| 2004-08-31 | 3.78 |
| 2004-05-31 | 3.18 |
| 2004-02-29 | 2.99 |
| 2003-11-30 | 3.10 |
| 2003-08-31 | 3.46 |
| 2003-05-31 | 2.88 |
| 2003-02-28 | 2.53 |
| 2002-11-30 | 2.68 |
| 2002-08-31 | 2.85 |
