Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.99 is in line with its 5-year average of 3.18, near the low end of its 5-year range (2.49–4.76).
As of the fiscal period ended Tuesday, June 30, 2026. 6.81% above its 12-month average of 2.80.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.99
QUICK RATIO (ACID-TEST) AVG TTM
2.80
QUICK RATIO (ACID-TEST) AVG 3Y
2.88
QUICK RATIO (ACID-TEST) AVG 5Y
3.18
QUICK RATIO (ACID-TEST) AVG 10Y
4.66
QUICK RATIO (ACID-TEST) AVG 15Y
6.08
QUICK RATIO (ACID-TEST) AVG 20Y
5.65
CURRENT VS TTM AVG
+6.81%
CURRENT VS 3Y AVG
+3.72%
CURRENT VS 5Y AVG
-6.01%
CURRENT VS 10Y AVG
-35.84%
CURRENT VS 15Y AVG
-50.82%
CURRENT VS 20Y AVG
-47.03%
SECTOR MEDIAN · HEALTHCARE
1.26
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+137.34%
vs the sector median at left
Alnylam Pharmaceuticals, Inc.
Market Cap
$31.73B
Quick Ratio (Acid-Test)
2.99
TTM Avg
2.80
3Y Avg
2.88
5Y Avg
3.18
Market Cap
$32.40B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
Market Cap
$31.02B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.39
3Y Avg
1.50
5Y Avg
1.54
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alnylam Pharmaceuticals, Inc. (ALNY) | $31.73B | 2.99 | 2.80 | 2.88 | 3.18 |
| Centene Corp. (CNC)vs › | $31.99B | N/A | 1.40 | 1.24 | 1.19 |
| Biogen Inc. (BIIB)vs › | $32.28B | 1.26 | 1.46 | 1.69 | 1.64 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $32.40B | 0.72 | 0.86 | 0.82 | 0.76 |
| Zoetis Inc. (ZTS)vs › | $32.42B | 1.84 | 1.51 | 1.66 | 1.96 |
| Waters Corporation (WAT)vs › | $31.02B | 1.29 | 1.39 | 1.50 | 1.54 |
| Medline Inc. (MDLN)vs › | $29.83B | 2.61 | 1.97 | 2.09 | 2.09 |
| DexCom, Inc. (DXCM)vs › | $34.27B | 1.43 | 1.44 | 1.80 | 2.83 |
| ResMed Inc. (RMD)vs › | $34.86B | 2.42 | 2.47 | 2.11 | 1.90 |
| Alcon Inc. (ALC)vs › | $35.12B | 1.30 | 1.55 | 1.40 | 1.42 |
Quick Ratio
2.99
Excludes inventory
Current Ratio
3.05
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 2.99 |
| 2026-03-31 | 3.06 |
| 2025-12-31 | 2.71 |
| 2025-09-30 | 2.49 |
| 2025-06-30 | 2.75 |
| 2025-03-31 | 2.98 |
| 2024-12-31 | 2.71 |
| 2024-09-30 | 2.69 |
| 2024-06-30 | 2.93 |
| 2024-03-31 | 3.07 |
| 2023-12-31 | 2.99 |
| 2023-09-30 | 3.04 |
| 2023-06-30 | 3.07 |
| 2023-03-31 | 3.58 |
| 2022-12-31 | 3.34 |
| 2022-09-30 | 3.33 |
| 2022-06-30 | 3.62 |
| 2022-03-31 | 4.14 |
| 2021-12-31 | 3.91 |
| 2021-09-30 | 4.22 |
| 2021-06-30 | 4.76 |
| 2021-03-31 | 3.83 |
| 2020-12-31 | 4.34 |
| 2020-09-30 | 4.14 |
| 2020-06-30 | 5.42 |
| 2020-03-31 | 4.48 |
| 2019-12-31 | 4.71 |
| 2019-09-30 | 5.22 |
| 2019-06-30 | 6.16 |
| 2019-03-31 | 9.12 |
| 2018-12-31 | 6.56 |
| 2018-09-30 | 10.95 |
| 2018-06-30 | 13.22 |
| 2018-03-31 | 14.61 |
| 2017-12-31 | 12.23 |
| 2017-09-30 | 9.83 |
| 2017-06-30 | 8.84 |
| 2017-03-31 | 6.23 |
| 2016-12-31 | 5.10 |
| 2016-09-30 | 9.14 |
| 2016-06-30 | 12.58 |
| 2016-03-31 | 15.82 |
| 2015-12-31 | 17.80 |
| 2015-09-30 | 18.24 |
| 2015-06-30 | 15.45 |
| 2015-03-31 | 13.51 |
| 2014-12-31 | 7.83 |
| 2014-09-30 | 11.31 |
| 2014-06-30 | 12.38 |
| 2014-03-31 | 8.04 |
| 2013-12-31 | 4.72 |
| 2013-09-30 | 3.63 |
| 2013-06-30 | 4.04 |
| 2013-03-31 | 4.83 |
| 2012-12-31 | 2.60 |
| 2012-09-30 | 8.37 |
| 2012-06-30 | 8.10 |
| 2012-03-31 | 3.13 |
| 2011-12-31 | 1.88 |
| 2011-09-30 | 3.71 |
| 2011-06-30 | 4.35 |
| 2011-03-31 | 4.94 |
| 2010-12-31 | 2.49 |
| 2010-09-30 | 2.46 |
| 2010-06-30 | 5.16 |
| 2010-03-31 | 2.77 |
| 2009-12-31 | 2.65 |
| 2009-09-30 | 2.26 |
| 2009-06-30 | 2.72 |
| 2009-03-31 | 4.02 |
| 2008-12-31 | 4.46 |
| 2008-09-30 | 4.43 |
| 2008-06-30 | 5.21 |
| 2008-03-31 | 5.36 |
| 2007-12-31 | 4.77 |
| 2007-09-30 | 5.46 |
| 2007-06-30 | 7.45 |
| 2007-03-31 | 8.93 |
| 2006-12-31 | 9.72 |
| 2006-09-30 | 5.89 |
| 2006-06-30 | 6.26 |
| 2006-03-31 | 6.86 |
| 2005-12-31 | 4.46 |
| 2005-09-30 | 3.34 |
| 2005-06-30 | 3.75 |
| 2005-03-31 | 6.75 |
| 2004-12-31 | 7.33 |
| 2004-09-30 | 7.11 |
| 2004-06-30 | 5.80 |
| 2004-03-31 | 2.76 |
| 2003-12-31 | 6.29 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |