Rite Aid Corporation

Rite Aid Corporation - Current Ratioverified

RAD

Price:

$0.6483

Market Cap:

$36.76M

Rite Aid Corporation, through its various subsidiaries, manages an extensive network of retail pharmacies across the United States. The company's business activities are structured into two main divisions: Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment focuses on dispensing prescription drugs and delivers a wide array of supplementary pharmacy and wellness services. These include administering key immunizations such as those for COVID-19, influenza, and shingles, along with providing assistance to customers managing conditions like hypertension, high cholesterol, and diabetes. It also offers advice on weight loss and quitting smoking, and educates patients on their medica...[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

RAD

The Current Ratio as of June 2026 (TTM) for Rite Aid Corporation (RAD) is 1.21

According to Rite Aid Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of 9.95% compared to the average of 1.10 of the last 4 quarters.

Rite Aid Corporation (RAD) Historical Current Ratio (quarterly & annually)

How has RAD Current Ratio performed in the past?

The mean historical Current Ratio of Rite Aid Corporation over the last ten years is 1.48. The current 1.21 Current Ratio has changed 8.10% with respect to the historical average. Over the past ten years (40 quarters), RAD's Current Ratio was at its highest in in the May 2015 quarter at 2.42. The Current Ratio was at its lowest in in the September 2023 quarter at 0.57.

Quarterly (TTM)
Annual

Average

1.48

Median

1.45

Minimum

1.18

Maximum

1.71

Rite Aid Corporation (RAD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rite Aid Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 22.82%

Maximum Annual Current Ratio = 1.71

Minimum Annual Increase = -20.32%

Minimum Annual Current Ratio = 1.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.212.90%
20221.18-14.86%
20211.383.25%
20201.34-20.32%
20191.6822.82%
20181.37-18.90%
20171.6911.00%
20161.52-10.62%
20151.70-0.59%
20141.71-0.07%

Rite Aid Corporation (RAD) Average Current Ratio

How has RAD Current Ratio performed in the past?

The current Current Ratio of Rite Aid Corporation (RAD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.26

5-year avg

1.36

10-year avg

1.48

Rite Aid Corporation (RAD) Current Ratio vs. Peers

How is RAD’s Current Ratio compared to its peers?

Rite Aid Corporation’s Current Ratio is less than Sharecare, Inc. (2.30), less than Telesis Bio, Inc. (3.71), less than Science 37 Holdings, Inc. (5.45), less than Satsuma Pharmaceuticals, Inc. (6.75), less than Eyenovia, Inc. (1.97), less than SmileDirectClub, Inc. (2.55), less than Lumos Pharma, Inc. (5.69), less than Akili, Inc. (6.02), greater than SHL Telemedicine Ltd. (1.04), greater than Lunai Bioworks Inc. (0.19),

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