Abbott LaboratoriesABT -0.04%80 Current Ratio is 1.39 as of Mar. 2026, which is 17% below its 10-year median of 1.68. GuruFocus rates ABT with a GF Score™ of 80/100 and a GF Value™ of $129.49 (Significantly Undervalued). Among 854 Medical Devices & Instruments companies, Abbott Laboratories ranks worse than 79.16% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Abbott Laboratories's current ratio for the quarter that ended in Mar. 2026 was 1.39.
Abbott Laboratories has a current ratio of 1.39. It generally indicates good short-term financial strength.
The historical rank and industry rank for Abbott Laboratories's Current Ratio or its related term are showing as below:
ABT'
s Current Ratio Range Over the Past 10 Years
Min: 1.39 Med: 1.68 Max: 4.02
Current: 1.39
During the past 13 years, Abbott Laboratories's highest Current Ratio was 4.02. The lowest was 1.39. And the median was 1.68.
ABT's Current Ratio is ranked worse than 79.16% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 2.485
vs ABT: 1.39
Abbott Laboratories (NYSE:ABT) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Abbott Laboratories Current Ratio Related Terms
Abbott Laboratories Current Ratio Historical Data
* Premium members only.
The historical data trend for Abbott Laboratories's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, Abbott Laboratories's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Abbott Laboratories Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Abbott Laboratories's Current Ratio distribution charts can be found below:
* The bar in red indicates where Abbott Laboratories's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Abbott Laboratories (ABT) has a Current Ratio of 1.39 as of Mar. 2026. This is 17% below median its historical median of 1.68. Over the past decade, Abbott Laboratories' Current Ratio has ranged from 1.39 to 4.02. According to the industry distribution chart, Abbott Laboratories ranks #676 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 79.2%.
Is Abbott Laboratories' Current Ratio too high?
Abbott Laboratories' current Current Ratio of 1.39 is 17% below median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 4.02. The Medical Devices & Instruments industry median Current Ratio is 2.49. Abbott Laboratories' value of 1.39 is 44.1% below this industry median. Based on the distribution chart, Abbott Laboratories ranks #676 out of 854 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Abbott Laboratories has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abbott Laboratories' Current Ratio compare to SYK and MDT?
According to the Medical Devices & Instruments industry distribution chart, Abbott Laboratories ranks #676 out of 854 companies for Current Ratio. This places Abbott Laboratories in the lower half of its industry. The industry median Current Ratio is 2.49. Abbott Laboratories' value of 1.39 is 44.1% below this benchmark. Historically, Abbott Laboratories' own Current Ratio has ranged from 1.39 to 4.02 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 2.49, Abbott Laboratories has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abbott Laboratories's current Current Ratio of 1.39 is 44.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abbott Laboratories's current Current Ratio is 1.39, which is 17% below median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abbott Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Abbott Laboratories (ABT) is currently considered Significantly Undervalued. The stock's GF Value™ is $129.49, compared to a current price of $90.49 — trading 30.1% below its estimated fair value. The current Current Ratio is 1.39, which is 17% below median its 10-year median of 1.68 and 44.1% below the Medical Devices & Instruments industry median of 2.49. Abbott Laboratories' overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Abbott Laboratories (ABT), the current Current Ratio is 1.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Abbott Laboratories (ABT) Overvalued in 2026?
Based on GuruFocus' analysis, Abbott Laboratories stock appears to be undervalued.
The current stock price of $90.49 is trading 30.1% below its estimated GF Value™ of $129.49.
GuruFocus considers Abbott Laboratories to be Significantly Undervalued.
Key valuation signals for ABT:
Current Ratio: 1.39 (17% below median its 10-year median of 1.68)
GF Value™: $129.49 vs. price of $90.49 (30.1% below fair value)
Industry Position: 44.1% below the Medical Devices & Instruments median (#676 of 854)
No single metric tells the full story. See the ABT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives roughly 60% of sales outside the United States.
80GF Score
Get the complete analysis for ABT
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ABT has been successfully added to your 
