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 2.09 is in line with its 5-year average of 2.29, near the low end of its 5-year range (1.90–2.77).
As of the fiscal period ended Tuesday, June 30, 2026. 6.04% below its 12-month average of 2.23.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
2.09
CURRENT RATIO AVG TTM
2.23
CURRENT RATIO AVG 3Y
2.38
CURRENT RATIO AVG 5Y
2.29
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.04%
CURRENT VS 3Y AVG
-12.21%
CURRENT VS 5Y AVG
-8.79%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.54
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+35.82%
vs the sector median at left
Market Cap
$32.38B
Current Ratio
1.02
TTM Avg
1.09
3Y Avg
1.07
5Y Avg
1.01
Market Cap
$31.37B
Current Ratio
3.05
TTM Avg
2.77
3Y Avg
3.03
5Y Avg
3.44
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alcon Inc. (ALC) | $34.88B | 2.09 | 2.23 | 2.38 | 2.29 |
| ResMed Inc. (RMD)vs › | $34.60B | 3.10 | 3.27 | 3.06 | 2.80 |
| DexCom, Inc. (DXCM)vs › | $34.13B | 1.73 | 1.67 | 2.04 | 3.15 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $32.38B | 1.02 | 1.09 | 1.07 | 1.01 |
| Zoetis Inc. (ZTS)vs › | $32.15B | 3.08 | 2.39 | 2.63 | 2.90 |
| Biogen Inc. (BIIB)vs › | $32.10B | 1.87 | 2.02 | 2.25 | 2.11 |
| Centene Corp. (CNC)vs › | $31.95B | 1.15 | 1.40 | 1.24 | 1.19 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.37B | 3.05 | 2.77 | 3.03 | 3.44 |
| Waters Corporation (WAT)vs › | $31.00B | 1.86 | 1.92 | 2.08 | 2.07 |
| Medline Inc. (MDLN)vs › | $29.72B | 4.33 | 3.84 | 3.94 | 3.94 |
Current Ratio
2.09
Quick Ratio
1.30
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 |
|---|---|
| 2026-06-30 | 2.09 |
| 2026-03-31 | 2.20 |
| 2025-12-31 | 2.12 |
| 2025-09-30 | 2.12 |
| 2025-06-30 | 2.60 |
| 2025-03-31 | 2.70 |
| 2024-12-31 | 2.77 |
| 2024-09-30 | 2.57 |
| 2024-06-30 | 2.56 |
| 2024-03-31 | 2.51 |
| 2023-12-31 | 2.35 |
| 2023-09-30 | 2.21 |
| 2023-06-30 | 2.16 |
| 2023-03-31 | 2.05 |
| 2022-12-31 | 1.90 |
| 2022-09-30 | 2.21 |
| 2022-06-30 | 2.16 |
| 2022-03-31 | 2.18 |
| 2021-12-31 | 2.18 |
| 2021-09-30 | 2.23 |
| 2021-06-30 | 2.28 |
| 2021-03-31 | 2.53 |
| 2020-12-31 | 2.21 |
| 2020-09-30 | 2.29 |
| 2020-06-30 | 2.23 |
| 2020-03-31 | 1.93 |
| 2019-12-31 | 1.84 |
| 2019-09-30 | 1.88 |
| 2019-06-30 | 1.08 |
| 2019-03-31 | 0.00 |
| 2018-12-31 | 1.80 |
| 2018-09-30 | 1.82 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 1.85 |
