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 1.60 is 10% above its 5-year average of 1.45, near the high end of its 5-year range (1.10–1.68).
As of the fiscal period ended Tuesday, March 31, 2026. 9.69% above its 12-month average of 1.46.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
1.60
CURRENT RATIO AVG TTM
1.46
CURRENT RATIO AVG 3Y
1.54
CURRENT RATIO AVG 5Y
1.45
CURRENT RATIO AVG 10Y
1.37
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.69%
CURRENT VS 3Y AVG
+4.21%
CURRENT VS 5Y AVG
+10.47%
CURRENT VS 10Y AVG
+17.43%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.53
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
+4.77%
vs the sector median at left
Market Cap
$22.03B
Current Ratio
4.79
TTM Avg
5.92
3Y Avg
6.53
5Y Avg
6.74
Market Cap
$18.99B
Current Ratio
1.73
TTM Avg
1.94
3Y Avg
1.85
5Y Avg
1.80
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Viatris Inc. (VTRS) | $20.55B | 1.60 | 1.46 | 1.54 | 1.45 |
| United Therapeutics Corporation (UTHR)vs › | $22.03B | 4.79 | 5.92 | 6.53 | 6.74 |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.99B | 1.73 | 1.94 | 1.85 | 1.80 |
| Moderna, Inc. (MRNA)vs › | $22.32B | 2.29 | 3.48 | 3.28 | 2.72 |
| STERIS plc (STE)vs › | $22.68B | 2.09 | 2.02 | 2.37 | 2.27 |
| BioNTech SE (BNTX)vs › | $23.16B | 8.80 | 7.50 | 7.96 | 6.49 |
| Hologic, Inc. (HOLX)vs › | $16.97B | 4.04 | 3.72 | 3.76 | 3.20 |
| Incyte Corporation (INCY)vs › | $24.28B | 4.66 | 2.65 | 3.15 | 3.33 |
| Medpace Holdings, Inc. (MEDP)vs › | $16.41B | 0.73 | 0.83 | 0.68 | 0.84 |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.72B | 2.82 | 2.91 | 3.10 | 3.01 |
Current Ratio
1.60
Quick Ratio
1.03
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 | 1.60 |
| 2025-12-31 | 1.30 |
| 2025-09-30 | 1.35 |
| 2025-06-30 | 1.37 |
| 2025-03-31 | 1.68 |
| 2024-12-31 | 1.65 |
| 2024-09-30 | 1.51 |
| 2024-06-30 | 1.53 |
| 2024-03-31 | 1.67 |
| 2023-12-31 | 1.67 |
| 2023-09-30 | 1.60 |
| 2023-06-30 | 1.50 |
| 2023-03-31 | 1.58 |
| 2022-12-31 | 1.58 |
| 2022-09-30 | 1.61 |
| 2022-06-30 | 1.46 |
| 2022-03-31 | 1.22 |
| 2021-12-31 | 1.10 |
| 2021-09-30 | 1.12 |
| 2021-06-30 | 1.16 |
| 2021-03-31 | 1.23 |
| 2020-12-31 | 1.22 |
| 2020-09-27 | 1.01 |
| 2020-06-28 | 0.93 |
| 2020-03-29 | 1.26 |
| 2019-12-31 | 1.21 |
| 2019-09-29 | 1.43 |
| 2019-06-29 | 1.37 |
| 2019-03-30 | 1.51 |
| 2018-12-30 | 1.39 |
| 2018-09-29 | 1.26 |
| 2018-06-29 | 1.29 |
| 2018-03-30 | 1.06 |
| 2017-12-30 | 1.13 |
| 2017-09-29 | 1.46 |
| 2017-06-29 | 1.35 |
| 2017-03-30 | 1.56 |
| 2016-12-30 | 1.49 |
| 2016-09-29 | 0.83 |
| 2016-06-29 | 3.23 |
| 2016-03-30 | 1.67 |
| 2015-12-30 | 1.57 |
| 2015-09-29 | 1.76 |
| 2015-06-29 | 1.47 |
| 2015-03-30 | 1.40 |
| 2014-12-30 | 1.21 |
| 2014-09-29 | 1.30 |
| 2014-06-29 | 1.72 |
| 2014-03-30 | 1.64 |
| 2013-12-30 | 1.51 |
| 2013-09-29 | 1.70 |
