What is Mesa Laboratories's current ratio?

Mesa Laboratories (MLAB) reported current ratio of 1.7× in Q1 2026.

How has Mesa Laboratories's current ratio changed year-over-year?

Mesa Laboratories's current ratio increased by 174.1% year-over-year, from 0.6× to 1.7×.

What is the long-term trend for Mesa Laboratories's current ratio?

Over 3 years (2021 to 2026), Mesa Laboratories's current ratio has grown at a -43.1% compound annual growth rate (CAGR), from 9.3× to 1.7×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Mesa Laboratories MLAB Current ratio

Current ratio at other companies

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1.6×-0.1×

Thermo Fisher ScientificTMO

1.5×-0.2×

DanaherDHR

1.9×+0.4×

STERISSTE

2.1×+0.1×

Bio-Rad LaboratoriesBIO

3.2×-2.8×

Charles River LaboratoriesCRL

1.4×-0.1×

Other financials

Income statement

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Revenue$63.7M+2.6%

Gross profit$31.2M-0.5%

Operating income-$664.0K+85.5%

Net income$3.6M+317%

EPS (diluted)-$0.10+63.0%

Balance sheet

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Cash & equivalents$26.9M-1.4%

Total debt$78.7M-53.1%

Total equity$186.2M+16.5%

Total assets$427.7M-1.3%

Cash flow

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Operating cash flow$14.0M+10.2%

CapEx$417.0K-44.9%

Free cash flow$13.5M+13.7%

Valuation

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Market cap$542.27M+3.7%

Enterprise value$594.05M-10.4%

P/S2.2×0.0×

Profitability

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Gross margin56.8%—

Operating margin2.3%—

Net margin1.5%+0.8pp

FCF margin15.9%-1.8pp

Returns & leverage

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Return on equity2.2%+1.1pp

Debt / equity0.4×-0.6×

Where this comes from

Calculated from Mesa Laboratories’s reported figures.

total current assets/total current liabilities=1.7×

Based on the most recent quarter.

The official record: Mesa Laboratories’s 10-K, filed June 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mesa Laboratories's current ratio?: Mesa Laboratories (MLAB) reported current ratio of 1.7× in Q1 2026.
How has Mesa Laboratories's current ratio changed year-over-year?: Mesa Laboratories's current ratio increased by 174.1% year-over-year, from 0.6× to 1.7×.
What is the long-term trend for Mesa Laboratories's current ratio?: Over 3 years (2021 to 2026), Mesa Laboratories's current ratio has grown at a -43.1% compound annual growth rate (CAGR), from 9.3× to 1.7×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.