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 1.48 is in line with its 5-year average of 1.36, near the high end of its 5-year range (1.19–1.51).
As of the fiscal period ended Sunday, May 31, 2026. 10.73% above its 12-month average of 1.33.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
1.48
CURRENT RATIO AVG TTM
1.33
CURRENT RATIO AVG 3Y
1.32
CURRENT RATIO AVG 5Y
1.36
CURRENT RATIO AVG 10Y
1.42
CURRENT RATIO AVG 15Y
1.55
CURRENT RATIO AVG 20Y
1.52
CURRENT VS TTM AVG
+10.73%
CURRENT VS 3Y AVG
+11.75%
CURRENT VS 5Y AVG
+8.56%
CURRENT VS 10Y AVG
+3.65%
CURRENT VS 15Y AVG
-5.03%
CURRENT VS 20Y AVG
-2.63%
SECTOR MEDIAN · INDUSTRIALS
1.43
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+3.18%
vs the sector median at left
Market Cap
$75.10B
Current Ratio
0.83
TTM Avg
0.88
3Y Avg
0.94
5Y Avg
0.95
Market Cap
$76.58B
Current Ratio
0.87
TTM Avg
0.67
3Y Avg
0.69
5Y Avg
0.80
Market Cap
$78.03B
Current Ratio
1.21
TTM Avg
1.31
3Y Avg
1.29
5Y Avg
1.32
Market Cap
$80.54B
Current Ratio
0.59
TTM Avg
0.54
3Y Avg
0.55
5Y Avg
0.52
Market Cap
$81.20B
Current Ratio
1.17
TTM Avg
1.04
3Y Avg
1.07
5Y Avg
1.19
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $75.37B | 1.48 | 1.33 | 1.32 | 1.36 |
| Norfolk Southern Corporation (NSC)vs › | $75.10B | 0.83 | 0.88 | 0.94 | 0.95 |
| Canadian National Railway Company (CNI)vs › | $76.58B | 0.87 | 0.67 | 0.69 | 0.80 |
| Honeywell International Inc. (HON)vs › | $78.03B | 1.21 | 1.31 | 1.29 | 1.32 |
| United Rentals, Inc. (URI)vs › | $72.38B | 0.76 | 0.96 | 0.96 | 0.96 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $80.54B | 0.59 | 0.54 | 0.55 | 0.52 |
| PACCAR Inc (PCAR)vs › | $70.06B | 3.12 | 2.86 | 2.71 | 2.69 |
| Northrop Grumman Corporation (NOC)vs › | $81.20B | 1.17 | 1.04 | 1.07 | 1.19 |
| Cintas Corporation (CTAS)vs › | $81.25B | 1.43 | 1.76 | 1.53 | 1.38 |
| TransDigm Group Incorporated (TDG)vs › | $68.53B | 3.09 | 2.40 | 3.25 | 3.59 |
Current Ratio
1.48
Quick Ratio
1.44
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 | 1.48 |
| 2026-02-28 | 1.47 |
| 2025-11-30 | 1.27 |
| 2025-08-31 | 1.25 |
| 2025-05-31 | 1.19 |
| 2025-02-28 | 1.24 |
| 2024-11-30 | 1.23 |
| 2024-08-31 | 1.28 |
| 2024-05-31 | 1.36 |
| 2024-02-29 | 1.31 |
| 2023-11-30 | 1.34 |
| 2023-08-31 | 1.37 |
| 2023-05-31 | 1.37 |
| 2023-02-28 | 1.32 |
| 2022-11-30 | 1.30 |
| 2022-08-31 | 1.42 |
| 2022-05-31 | 1.43 |
| 2022-02-28 | 1.39 |
| 2021-11-30 | 1.49 |
| 2021-08-31 | 1.51 |
| 2021-05-31 | 1.51 |
| 2021-02-28 | 1.60 |
| 2020-11-30 | 1.76 |
| 2020-08-31 | 1.69 |
| 2020-05-31 | 1.58 |
| 2020-02-29 | 1.21 |
| 2019-11-30 | 1.25 |
| 2019-08-31 | 1.31 |
| 2019-05-31 | 1.45 |
| 2019-02-28 | 1.46 |
| 2018-11-30 | 1.42 |
| 2018-08-31 | 1.32 |
| 2018-05-31 | 1.39 |
| 2018-02-28 | 1.43 |
| 2017-11-30 | 1.57 |
| 2017-08-31 | 1.63 |
| 2017-05-31 | 1.59 |
| 2017-02-28 | 1.60 |
| 2016-11-30 | 1.54 |
| 2016-08-31 | 1.53 |
| 2016-05-31 | 1.50 |
| 2016-02-29 | 1.72 |
| 2015-11-30 | 1.87 |
| 2015-08-31 | 1.83 |
| 2015-05-31 | 1.84 |
| 2015-02-28 | 2.00 |
| 2014-11-30 | 1.78 |
| 2014-08-31 | 1.80 |
| 2014-05-31 | 1.82 |
| 2014-02-28 | 1.95 |
| 2013-11-30 | 2.01 |
| 2013-08-31 | 2.08 |
| 2013-05-31 | 1.96 |
| 2013-02-28 | 1.91 |
| 2012-11-30 | 1.90 |
| 2012-08-31 | 1.85 |
| 2012-05-31 | 1.69 |
| 2012-02-29 | 1.59 |
| 2011-11-30 | 1.52 |
| 2011-08-31 | 1.60 |
| 2011-05-31 | 1.70 |
| 2011-02-28 | 1.58 |
| 2010-11-30 | 1.52 |
| 2010-08-31 | 1.55 |
| 2010-05-31 | 1.57 |
| 2010-02-28 | 1.53 |
| 2009-11-30 | 1.56 |
| 2009-08-31 | 1.64 |
| 2009-05-31 | 1.57 |
| 2009-02-28 | 1.51 |
| 2008-11-30 | 1.24 |
| 2008-08-31 | 1.30 |
| 2008-05-31 | 1.35 |
| 2008-02-29 | 1.39 |
| 2007-11-30 | 1.29 |
| 2007-08-31 | 1.33 |
| 2007-05-31 | 1.22 |
| 2007-02-28 | 1.17 |
| 2006-11-30 | 1.15 |
| 2006-08-31 | 1.31 |
| 2006-05-31 | 1.18 |
| 2006-02-28 | 1.22 |
| 2005-11-30 | 1.10 |
| 2005-08-31 | 1.16 |
| 2005-05-31 | 1.11 |
| 2005-02-28 | 1.02 |
| 2004-11-30 | 1.04 |
| 2004-08-31 | 1.13 |
| 2004-05-31 | 1.03 |
| 2004-02-29 | 0.77 |
| 2003-11-30 | 1.23 |
| 2003-08-31 | 1.26 |
| 2003-05-31 | 1.18 |
| 2003-02-28 | 1.04 |
| 2002-11-30 | 1.23 |
| 2002-08-31 | 1.21 |
