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Abbott ABT Current ratio

Current ratio at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
0.9×-0.2×
Johnson & Johnson logo
Johnson & JohnsonJNJ
-0.2×
Boston Scientific logo
Boston ScientificBSX
1.9×+0.4×
DexCom logo
DexComDXCM
1.9×+0.4×
Edwards Lifesciences logo
Edwards LifesciencesEW
4.4×0.0×
Medtronic logo
MedtronicMDT
2.1×+0.3×

Other financials

Income statement

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Revenue$11.2B+7.8%
Gross profit$6.3B+6.5%
Operating income$1.3B-20.6%
Net income$1.1B-18.7%
EPS (diluted)$0.61-19.7%

Balance sheet

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Cash & equivalents$6.8B+4.2%
Total debt$34.0B+157%
Total equity$52.1B+6.7%
Total assets$110.43B+35.6%

Cash flow

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Operating cash flow$1.3B-7.2%
CapEx$399.0M-17.6%
Free cash flow$916.0M-1.8%

Valuation

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Market cap$154.15B-22.5%
Enterprise value$181.39B-13.1%
P/E24.6×+9.8×
P/S3.4×-1.3×

Profitability

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Gross margin56.3%+0.4pp
Operating margin17.1%+0.2pp
Net margin13.9%-18.0pp

Returns & leverage

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Return on equity12.4%-18.4pp
Debt / equity0.7×+0.4×

Where this comes from

Calculated from Abbott’s reported figures.

Based on the most recent quarter.

The official record: Abbott’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Abbott's current ratio?
Abbott (ABT) reported current ratio of 1.4× in Q1 2026.
How has Abbott's current ratio changed year-over-year?
Abbott's current ratio decreased by 22.0% year-over-year, from 1.8× to 1.4×.
What is the long-term trend for Abbott's current ratio?
Over 4 years (2021 to 2025), Abbott's current ratio has grown at a -1.2% compound annual growth rate (CAGR), from 7.2× to 6.9×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.