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 1.15 is 15% below its 5-year average of 1.36, near the low end of its 5-year range (1.03–2.01).
As of the fiscal period ended Tuesday, March 31, 2026. 4.57% below its 12-month average of 1.21.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
1.15
CURRENT RATIO AVG TTM
1.21
CURRENT RATIO AVG 3Y
1.28
CURRENT RATIO AVG 5Y
1.27
CURRENT RATIO AVG 10Y
1.55
CURRENT RATIO AVG 15Y
1.67
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-4.57%
CURRENT VS 3Y AVG
-9.68%
CURRENT VS 5Y AVG
-9.20%
CURRENT VS 10Y AVG
-25.36%
CURRENT VS 15Y AVG
-30.92%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.84
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-37.32%
vs the sector median at left
Market Cap
$99.97B
Current Ratio
1.05
TTM Avg
1.03
3Y Avg
1.01
5Y Avg
1.03
Market Cap
$89.98B
Current Ratio
2.86
TTM Avg
2.90
3Y Avg
2.07
5Y Avg
1.99
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $111.63B | 1.15 | 1.21 | 1.28 | 1.27 |
| ServiceNow, Inc. (NOW)vs › | $102.12B | 0.95 | 1.02 | 1.05 | 1.08 |
| Automatic Data Processing, Inc. (ADP)vs › | $99.97B | 1.05 | 1.03 | 1.01 | 1.03 |
| Corning Inc (GLW)vs › | $126.24B | 1.59 | 1.60 | 1.58 | 1.67 |
| Cloudflare, Inc. (NET)vs › | $93.11B | 1.98 | 2.42 | 3.27 | 4.64 |
| Snowflake Inc. (SNOW)vs › | $92.91B | 1.30 | 1.52 | 1.85 | 2.69 |
| AppLovin Corporation (APP)vs › | $131.68B | 3.32 | 2.75 | 2.64 | 2.79 |
| Cadence Design Systems, Inc. (CDNS)vs › | $89.98B | 2.86 | 2.90 | 2.07 | 1.99 |
| Accenture plc (ACN)vs › | $89.95B | 1.42 | 1.26 | 1.26 | 1.28 |
| Adobe Inc. (ADBE)vs › | $89.48B | 1.00 | 1.04 | 1.13 | 1.15 |
Current Ratio
1.15
Quick Ratio
1.09
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 | 1.15 |
| 2025-12-31 | 1.17 |
| 2025-09-30 | 1.03 |
| 2025-06-30 | 1.33 |
| 2025-03-31 | 1.36 |
| 2024-12-31 | 1.47 |
| 2024-09-30 | 1.34 |
| 2024-06-30 | 1.32 |
| 2024-03-31 | 1.20 |
| 2023-12-31 | 1.19 |
| 2023-09-30 | 1.30 |
| 2023-06-30 | 1.39 |
| 2023-03-31 | 1.34 |
| 2022-12-31 | 1.24 |
| 2022-09-30 | 1.07 |
| 2022-06-30 | 1.12 |
| 2022-03-31 | 1.28 |
| 2021-12-31 | 1.55 |
| 2021-09-30 | 1.80 |
| 2021-06-30 | 1.96 |
| 2021-03-31 | 2.01 |
| 2020-12-31 | 1.50 |
| 2020-09-30 | 1.45 |
| 2020-06-30 | 1.37 |
| 2020-03-31 | 1.32 |
| 2019-12-31 | 1.90 |
| 2019-09-30 | 1.84 |
| 2019-06-30 | 1.82 |
| 2019-03-31 | 1.84 |
| 2018-12-31 | 1.77 |
| 2018-09-30 | 1.87 |
| 2018-06-30 | 1.74 |
| 2018-03-31 | 1.69 |
| 2017-12-31 | 1.67 |
| 2017-09-30 | 1.81 |
| 2017-06-30 | 1.81 |
| 2017-03-31 | 1.89 |
| 2016-12-31 | 1.86 |
| 2016-09-30 | 1.86 |
| 2016-06-30 | 1.85 |
| 2016-03-31 | 1.87 |
| 2015-12-31 | 1.87 |
| 2015-09-30 | 2.08 |
| 2015-06-30 | 2.11 |
| 2015-03-31 | 2.14 |
| 2014-12-31 | 2.03 |
| 2014-09-30 | 2.06 |
| 2014-06-30 | 1.89 |
| 2014-03-31 | 1.98 |
| 2013-12-31 | 1.78 |
| 2013-09-30 | 1.92 |
| 2013-06-30 | 1.87 |
| 2013-03-31 | 1.85 |
| 2012-12-31 | 1.78 |
| 2012-09-30 | 1.72 |
| 2012-06-30 | 1.85 |
| 2012-03-31 | 2.04 |
| 2011-12-31 | 1.96 |
| 2011-09-30 | 2.00 |
| 2011-06-30 | 1.85 |
| 2011-03-31 | 1.71 |
| 2010-12-31 | 1.92 |
| 2010-09-30 | 1.89 |
| 2010-06-30 | 1.75 |
| 2010-03-31 | 1.78 |
| 2009-12-31 | 1.90 |
| 2009-09-30 | 1.27 |
| 2009-06-30 | 1.19 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 1.25 |
| 2008-09-30 | 0.00 |
