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 1.02 is 28% below its 5-year average of 1.42, near the low end of its 5-year range (1.02–2.80).
As of the fiscal period ended Tuesday, June 30, 2026. 8.57% below its 12-month average of 1.12.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.02.
CURRENT RATIO
1.02
CURRENT RATIO AVG TTM
1.12
CURRENT RATIO AVG 3Y
1.24
CURRENT RATIO AVG 5Y
1.42
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-8.57%
CURRENT VS 3Y AVG
-17.51%
CURRENT VS 5Y AVG
-28.06%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.51
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-32.46%
vs the sector median at left
Carrier Global Corporation
Market Cap
$45.42B
Current Ratio
1.02
TTM Avg
1.12
3Y Avg
1.24
5Y Avg
1.42
Market Cap
$44.54B
Current Ratio
1.18
TTM Avg
1.14
3Y Avg
1.09
5Y Avg
1.17
Market Cap
$42.98B
Current Ratio
0.51
TTM Avg
0.83
3Y Avg
0.78
5Y Avg
0.93
Market Cap
$48.17B
Current Ratio
1.08
TTM Avg
1.11
3Y Avg
1.17
5Y Avg
1.20
Market Cap
$49.37B
Current Ratio
1.12
TTM Avg
1.21
3Y Avg
1.22
5Y Avg
1.23
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $45.42B | 1.02 | 1.12 | 1.24 | 1.42 |
| L3Harris Technologies, Inc. (LHX)vs › | $44.54B | 1.18 | 1.14 | 1.09 | 1.17 |
| HEICO Corporation (HEI-A)vs › | $44.51B | 2.72 | 2.97 | 2.87 | 3.25 |
| HEICO Corporation (HEI)vs › | $43.27B | 2.72 | 2.97 | 2.87 | 3.25 |
| Thomson Reuters Corporation (TRI)vs › | $42.98B | 0.51 | 0.83 | 0.78 | 0.93 |
| Ferguson plc (FERG)vs › | $42.89B | 1.73 | 1.71 | 1.72 | 1.71 |
| Rockwell Automation, Inc. (ROK)vs › | $48.17B | 1.08 | 1.11 | 1.17 | 1.20 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.37B | 1.12 | 1.21 | 1.22 | 1.23 |
| Rocket Lab USA, Inc. (RKLB)vs › | $40.70B | 5.48 | 3.06 | 3.08 | 3.71 |
| Ferrovial SE (FER)vs › | $40.10B | 1.20 | 1.17 | 1.23 | 1.29 |
Current Ratio
1.02
Quick Ratio
0.72
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 | 1.02 |
| 2026-03-31 | 1.05 |
| 2025-12-31 | 1.20 |
| 2025-09-30 | 1.14 |
| 2025-06-30 | 1.17 |
| 2025-03-31 | 1.20 |
| 2024-12-31 | 1.25 |
| 2024-09-30 | 1.08 |
| 2024-06-30 | 1.08 |
| 2024-03-31 | 1.36 |
| 2023-12-31 | 2.80 |
| 2023-09-30 | 1.66 |
| 2023-06-30 | 1.63 |
| 2023-03-31 | 1.70 |
| 2022-12-31 | 1.64 |
| 2022-09-30 | 1.62 |
| 2022-06-30 | 1.67 |
| 2022-03-31 | 1.74 |
| 2021-12-31 | 1.72 |
| 2021-09-30 | 1.86 |
| 2021-06-30 | 1.56 |
| 2021-03-31 | 1.62 |
| 2020-12-31 | 1.67 |
| 2020-09-30 | 1.80 |
| 2020-06-30 | 1.68 |
| 2020-03-31 | 1.34 |
| 2019-12-31 | 1.33 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |