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 2.41 is 17% below its 5-year average of 2.91, around the middle of its 5-year range (1.24–4.39).
As of the fiscal period ended Tuesday, March 31, 2026. 32.22% below its 12-month average of 3.55.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
2.41
CURRENT RATIO AVG TTM
3.55
CURRENT RATIO AVG 3Y
3.69
CURRENT RATIO AVG 5Y
2.91
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-32.22%
CURRENT VS 3Y AVG
-34.73%
CURRENT VS 5Y AVG
-17.10%
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
+52.48%
vs the sector median at left
Market Cap
$22.43B
Current Ratio
6.60
TTM Avg
5.92
3Y Avg
6.53
5Y Avg
6.74
Market Cap
$23.10B
Current Ratio
3.02
TTM Avg
2.91
3Y Avg
3.10
5Y Avg
3.01
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Moderna, Inc. (MRNA) | $21.45B | 2.41 | 3.55 | 3.69 | 2.91 |
| STERIS plc (STE)vs › | $20.86B | 2.09 | 2.02 | 2.37 | 2.27 |
| United Therapeutics Corporation (UTHR)vs › | $22.43B | 6.60 | 5.92 | 6.53 | 6.74 |
| BioNTech SE (BNTX)vs › | $22.59B | 7.54 | 7.50 | 7.96 | 6.49 |
| Viatris Inc. (VTRS)vs › | $20.08B | 1.30 | 1.48 | 1.55 | 1.42 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.10B | 3.02 | 2.91 | 3.10 | 3.01 |
| Incyte Corporation (INCY)vs › | $23.51B | 3.32 | 2.65 | 3.15 | 3.33 |
| Labcorp Holdings Inc. (LH)vs › | $24.34B | 1.42 | 1.43 | 1.38 | 1.52 |
| Waters Corporation (WAT)vs › | $24.42B | 1.73 | 1.92 | 2.08 | 2.07 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.15B | 1.04 | 1.07 | 1.17 | 1.32 |
Current Ratio
2.41
Quick Ratio
3.22
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 | 2.41 |
| 2025-12-31 | 3.29 |
| 2025-09-30 | 3.93 |
| 2025-06-30 | 3.93 |
| 2025-03-31 | 4.22 |
| 2024-12-31 | 3.67 |
| 2024-09-30 | 4.39 |
| 2024-06-30 | 4.09 |
| 2024-03-31 | 4.03 |
| 2023-12-31 | 3.42 |
| 2023-09-30 | 2.46 |
| 2023-06-30 | 3.39 |
| 2023-03-31 | 3.46 |
| 2022-12-31 | 2.73 |
| 2022-09-30 | 2.10 |
| 2022-06-30 | 1.99 |
| 2022-03-31 | 1.77 |
| 2021-12-31 | 1.76 |
| 2021-09-30 | 1.35 |
| 2021-06-30 | 1.24 |
| 2021-03-31 | 1.39 |
| 2020-12-31 | 1.43 |
| 2020-09-30 | 2.43 |
| 2020-06-30 | 17.30 |
| 2020-03-31 | 9.29 |
| 2019-12-31 | 7.89 |
| 2019-09-30 | 7.40 |
| 2019-06-30 | 6.77 |
| 2019-03-31 | 7.17 |
| 2018-12-31 | 7.02 |
| 2018-09-30 | 6.00 |
| 2018-06-30 | 5.81 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 4.09 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
