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 4.41 is 91% above its 2-year average of 2.31, near the high end of its 2-year range (0.00–4.41).
As of the fiscal period ended Tuesday, March 31, 2026. 9.11% above its 12-month average of 4.04.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
4.41
CURRENT RATIO AVG TTM
4.04
CURRENT RATIO AVG 3Y
N/A
CURRENT RATIO AVG 5Y
N/A
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.11%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.58
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+179.02%
vs the sector median at left
Market Cap
$30.72B
Current Ratio
1.18
TTM Avg
1.09
3Y Avg
1.07
5Y Avg
1.01
Market Cap
$28.62B
Current Ratio
1.14
TTM Avg
1.08
3Y Avg
1.10
5Y Avg
1.13
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $33.22B | 4.41 | 4.04 | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $32.40B | 3.03 | 2.39 | 2.63 | 2.90 |
| DexCom, Inc. (DXCM)vs › | $31.49B | 1.88 | 1.67 | 2.04 | 3.15 |
| Centene Corp. (CNC)vs › | $30.74B | 1.68 | 1.40 | 1.24 | 1.19 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.72B | 1.18 | 1.09 | 1.07 | 1.01 |
| ResMed Inc. (RMD)vs › | $30.60B | 3.44 | 3.01 | 2.99 | 2.70 |
| Biogen Inc. (BIIB)vs › | $29.99B | 2.68 | 2.02 | 2.25 | 2.11 |
| Mettler-Toledo International Inc. (MTD)vs › | $28.62B | 1.14 | 1.08 | 1.10 | 1.13 |
| IQVIA Holdings Inc. (IQV)vs › | $38.68B | 0.75 | 0.79 | 0.83 | 0.90 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $27.50B | 2.76 | 2.77 | 3.03 | 3.44 |
Current Ratio
4.41
Quick Ratio
2.37
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 | 4.41 |
| 2025-12-31 | 4.29 |
| 2025-09-30 | 3.66 |
| 2025-06-30 | 3.81 |
| 2025-03-28 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |