AMWL (American Well) Current Ratio: 2.90 (As of Jun. 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMWL American Well Corp AMWL
50 GF Score
Price $11.92
GF Value $6.42
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is American Well Current Ratio?

American Well AMWL +0.17% 50 Current Ratio is 2.90 as of Jun. 2026, which is 39% below its 10-year median of 4.79. GuruFocus rates AMWL with a GF Score™ of 50/100 and a GF Value™ of $6.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 684 Healthcare Providers & Services companies, American Well ranks better than 77.19% 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. American Well's current ratio for the quarter that ended in Jun. 2026 was 2.90.

American Well has a current ratio of 2.90. It generally indicates good short-term financial strength.

The historical rank and industry rank for American Well's Current Ratio or its related term are showing as below:

AMWL' s Current Ratio Range Over the Past 10 Years
Min: 2.1   Med: 4.79   Max: 11.35
Current: 2.9

During the past 8 years, American Well's highest Current Ratio was 11.35. The lowest was 2.10. And the median was 4.79.

AMWL's Current Ratio is ranked better than
77.19% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 1.455 vs AMWL: 2.90

American Well  (NYSE:AMWL) 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.


American Well Current Ratio Related Terms


American Well Current Ratio Historical Data

* Premium members only.

The historical data trend for American Well'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.

American Well Current Ratio Chart

American Well Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 5.84 5.49 4.79 2.85 3.37

American Well Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.29 3.14 3.37 3.09 2.90

AMWL vs LFMD, SY, HCAT: Current Ratio Comparison

For the Health Information Services subindustry, American Well'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.


American Well Current Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, American Well's Current Ratio distribution charts can be found below:

* The bar in red indicates where American Well's Current Ratio falls into.


AMWL
50GF Score
American Well Corp AMWL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Well Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

American Well's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=246.681/73.214
=3.37

American Well's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=264.691/91.26
=2.90

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.90 mean?
American Well (AMWL) has a Current Ratio of 2.90 as of Jun. 2026. This is 39% below median its historical median of 4.79. Over the past decade, American Well's Current Ratio has ranged from 2.10 to 11.35. According to the industry distribution chart, American Well ranks #156 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 22.8%.
Is American Well's Current Ratio too high?
American Well's current Current Ratio of 2.90 is 39% below median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 11.35. The Healthcare Providers & Services industry median Current Ratio is 1.46. American Well's value of 2.90 is 99.3% above this industry median. Based on the distribution chart, American Well ranks #156 out of 684 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, American Well has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Well's Current Ratio compare to LFMD and SY?
According to the Healthcare Providers & Services industry distribution chart, American Well ranks #156 out of 684 companies for Current Ratio. This places American Well in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.46. American Well's value of 2.90 is 99.3% above this benchmark. Historically, American Well's own Current Ratio has ranged from 2.10 to 11.35 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 1.46, American Well has consistently been above 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 Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.46, based on 684 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. American Well's current Current Ratio of 2.90 is 99.3% above 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 Healthcare Providers & Services industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Well's current Current Ratio is 2.90, which is 39% below median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Well stock overvalued right now?
Based on GuruFocus' analysis, American Well (AMWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.42, compared to a current price of $11.92 — trading 85.7% above its estimated fair value. The current Current Ratio is 2.90, which is 39% below median its 10-year median of 4.79 and 99.3% above the Healthcare Providers & Services industry median of 1.46. American Well's overall GF Score™ is 50/100 with 3 warning signs to review. 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 American Well (AMWL), the current Current Ratio is 2.90 as of Jun. 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 American Well (AMWL) Overvalued in 2026?

Based on GuruFocus' analysis, American Well stock appears to be overvalued. The current stock price of $11.92 is trading 85.7% above its estimated GF Value™ of $6.42. GuruFocus considers American Well to be Significantly Overvalued.

Key valuation signals for AMWL:

  • Current Ratio: 2.90 (39% below median its 10-year median of 4.79)
  • GF Value™: $6.42 vs. price of $11.92 (85.7% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 99.3% above the Healthcare Providers & Services median (#156 of 684)

No single metric tells the full story. See the AMWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Well Business Description

Address 75 State Street, 26th Floor, Boston, MA, USA, 02109
American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies.
50GF Score

Get the complete analysis for AMWL

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.92
Price
$6.42
GF Value