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 2.44 is 14% above its 5-year average of 2.15, near the high end of its 5-year range (1.53–2.44).
As of the fiscal period ended Tuesday, March 31, 2026. 5.92% above its 12-month average of 2.31.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
2.44
CURRENT RATIO AVG TTM
2.31
CURRENT RATIO AVG 3Y
2.22
CURRENT RATIO AVG 5Y
2.20
CURRENT RATIO AVG 10Y
2.06
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+5.92%
CURRENT VS 3Y AVG
+9.96%
CURRENT VS 5Y AVG
+11.15%
CURRENT VS 10Y AVG
+18.59%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.43
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+70.88%
vs the sector median at left
Market Cap
$125.16B
Current Ratio
1.13
TTM Avg
1.06
3Y Avg
1.27
5Y Avg
1.40
Market Cap
$104.37B
Current Ratio
1.44
TTM Avg
1.41
3Y Avg
1.40
5Y Avg
1.40
Market Cap
$135.97B
Current Ratio
1.19
TTM Avg
1.11
3Y Avg
1.19
5Y Avg
1.26
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $115.31B | 2.44 | 2.31 | 2.22 | 2.20 |
| Parker-Hannifin Corporation (PH)vs › | $125.16B | 1.13 | 1.06 | 1.27 | 1.40 |
| General Dynamics Corporation (GD)vs › | $104.37B | 1.44 | 1.41 | 1.40 | 1.40 |
| Quanta Services, Inc. (PWR)vs › | $104.19B | 1.10 | 1.22 | 1.38 | 1.45 |
| Vertiv Holdings Co (VRT)vs › | $103.92B | 1.38 | 1.60 | 1.65 | 1.58 |
| Trane Technologies plc (TT)vs › | $103.90B | 1.07 | 1.23 | 1.18 | 1.28 |
| Lockheed Martin Corporation (LMT)vs › | $135.97B | 1.19 | 1.11 | 1.19 | 1.26 |
| CSX Corporation (CSX)vs › | $94.53B | 0.82 | 0.83 | 1.07 | 1.37 |
| 3M Company (MMM)vs › | $93.58B | 1.24 | 1.56 | 1.43 | 1.55 |
| United Parcel Service, Inc. (UPS)vs › | $92.68B | 1.18 | 1.19 | 1.18 | 1.22 |
Current Ratio
2.44
Quick Ratio
1.59
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 |
|---|---|
| 2026-03-31 | 2.44 |
| 2025-12-31 | 2.13 |
| 2025-09-30 | 2.35 |
| 2025-06-30 | 2.31 |
| 2025-03-31 | 2.30 |
| 2024-12-31 | 2.17 |
| 2024-09-30 | 2.24 |
| 2024-06-30 | 1.53 |
| 2024-03-31 | 1.97 |
| 2023-12-31 | 1.86 |
| 2023-09-30 | 2.14 |
| 2023-06-30 | 2.22 |
| 2023-03-31 | 2.18 |
| 2022-12-31 | 2.12 |
| 2022-09-30 | 2.06 |
| 2022-06-30 | 2.15 |
| 2022-03-31 | 2.22 |
| 2021-12-31 | 2.18 |
| 2021-09-30 | 2.33 |
| 2021-06-30 | 2.28 |
| 2021-03-31 | 1.98 |
| 2020-12-31 | 2.21 |
| 2020-09-30 | 2.28 |
| 2020-06-30 | 2.23 |
| 2020-03-31 | 1.69 |
| 2019-12-31 | 1.42 |
| 2019-09-30 | 1.32 |
| 2019-06-30 | 1.66 |
| 2019-03-31 | 1.65 |
| 2018-12-31 | 1.87 |
| 2018-09-30 | 2.03 |
| 2018-06-30 | 2.04 |
| 2018-03-31 | 2.10 |
| 2017-12-31 | 2.26 |
| 2017-09-30 | 2.30 |
| 2017-06-30 | 2.27 |
| 2017-03-31 | 2.59 |
| 2016-12-31 | 2.14 |
| 2016-09-30 | 1.70 |
| 2016-06-30 | 1.47 |
| 2016-03-31 | 0.25 |
| 2015-12-31 | 1.53 |
| 2015-09-30 | 1.67 |
| 2015-06-30 | 1.50 |
| 2015-03-31 | 1.52 |
| 2014-12-31 | 1.49 |
| 2014-09-30 | 1.81 |
| 2014-06-30 | 1.26 |
| 2014-03-31 | 1.28 |
