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 0.35 is 33% below its 5-year average of 0.52, near the low end of its 5-year range (0.35–0.77).
As of the fiscal period ended Tuesday, June 30, 2026. 31.80% below its 12-month average of 0.52.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.35
QUICK RATIO (ACID-TEST) AVG TTM
0.52
QUICK RATIO (ACID-TEST) AVG 3Y
0.53
QUICK RATIO (ACID-TEST) AVG 5Y
0.52
QUICK RATIO (ACID-TEST) AVG 10Y
0.56
QUICK RATIO (ACID-TEST) AVG 15Y
0.67
QUICK RATIO (ACID-TEST) AVG 20Y
0.75
CURRENT VS TTM AVG
-31.80%
CURRENT VS 3Y AVG
-33.65%
CURRENT VS 5Y AVG
-32.88%
CURRENT VS 10Y AVG
-36.69%
CURRENT VS 15Y AVG
-47.47%
CURRENT VS 20Y AVG
-52.85%
SECTOR MEDIAN · REAL ESTATE
0.78
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-55.16%
vs the sector median at left
American Tower Corporation
Market Cap
$81.88B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.52
3Y Avg
0.53
5Y Avg
0.52
Market Cap
$70.11B
Quick Ratio (Acid-Test)
1.07
TTM Avg
2.81
3Y Avg
1.64
5Y Avg
1.19
Market Cap
$68.71B
Quick Ratio (Acid-Test)
1.05
TTM Avg
0.49
3Y Avg
0.67
5Y Avg
0.67
Market Cap
$56.90B
Quick Ratio (Acid-Test)
1.66
TTM Avg
1.09
3Y Avg
1.05
5Y Avg
1.35
Market Cap
$41.19B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.08
3Y Avg
1.09
5Y Avg
1.13
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Tower Corporation (AMT) | $81.88B | 0.35 | 0.52 | 0.53 | 0.52 |
| Digital Realty Trust, Inc. (DLR)vs › | $70.11B | 1.07 | 2.81 | 1.64 | 1.19 |
| Simon Property Group, Inc. (SPG)vs › | $68.71B | 1.05 | 0.49 | 0.67 | 0.67 |
| Equinix, Inc. (EQIX)vs › | $102.74B | 1.13 | 1.48 | 1.47 | 1.50 |
| Realty Income Corporation (O)vs › | $56.90B | 1.66 | 1.09 | 1.05 | 1.35 |
| Public Storage (PSA)vs › | $56.24B | 0.67 | 0.76 | 0.91 | 0.97 |
| Ventas, Inc. (VTR)vs › | $43.71B | 0.27 | 1.00 | 0.83 | 0.84 |
| CBRE Group, Inc. (CBRE)vs › | $41.19B | 1.14 | 1.08 | 1.09 | 1.13 |
| Prologis, Inc. (PLD)vs › | $129.22B | 0.70 | 0.58 | 0.54 | 0.75 |
| Iron Mountain Incorporated (IRM)vs › | $34.54B | 0.73 | 0.65 | 0.72 | 0.71 |
Quick Ratio
0.35
Excludes inventory
Current Ratio
0.35
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 | 0.35 |
| 2026-03-31 | 0.40 |
| 2025-12-31 | 0.63 |
| 2025-09-30 | 0.59 |
| 2025-06-30 | 0.61 |
| 2025-03-31 | 0.55 |
| 2024-12-31 | 0.45 |
| 2024-09-30 | 0.48 |
| 2024-06-30 | 0.60 |
| 2024-03-31 | 0.63 |
| 2023-12-31 | 0.51 |
| 2023-09-30 | 0.56 |
| 2023-06-30 | 0.53 |
| 2023-03-31 | 0.46 |
| 2022-12-31 | 0.44 |
| 2022-09-30 | 0.57 |
| 2022-06-30 | 0.50 |
| 2022-03-31 | 0.41 |
| 2021-12-31 | 0.41 |
| 2021-09-30 | 0.77 |
| 2021-06-30 | 0.56 |
| 2021-03-31 | 0.72 |
| 2020-12-31 | 0.79 |
| 2020-09-30 | 0.87 |
| 2020-06-30 | 0.54 |
| 2020-03-31 | 0.49 |
| 2019-12-31 | 0.47 |
| 2019-09-30 | 0.49 |
| 2019-06-30 | 0.46 |
| 2019-03-31 | 0.47 |
| 2018-12-31 | 0.51 |
| 2018-09-30 | 0.53 |
| 2018-06-30 | 0.47 |
| 2018-03-31 | 0.62 |
| 2017-12-31 | 0.81 |
| 2017-09-30 | 0.87 |
| 2017-06-30 | 0.55 |
| 2017-03-31 | 0.53 |
| 2016-12-31 | 1.04 |
| 2016-09-30 | 0.90 |
| 2016-06-30 | 0.80 |
| 2016-03-31 | 0.87 |
| 2015-12-31 | 0.83 |
| 2015-09-30 | 0.69 |
| 2015-06-30 | 0.91 |
| 2015-03-31 | 0.53 |
| 2014-12-31 | 0.49 |
| 2014-09-30 | 0.51 |
| 2014-06-30 | 0.45 |
| 2014-03-31 | 0.82 |
| 2013-12-31 | 1.07 |
| 2013-09-30 | 5.76 |
| 2013-06-30 | 1.21 |
| 2013-03-31 | 1.22 |
| 2012-12-31 | 1.31 |
| 2012-09-30 | 1.03 |
| 2012-06-30 | 1.01 |
| 2012-03-31 | 1.04 |
| 2011-12-31 | 0.99 |
| 2011-09-30 | 0.59 |
| 2011-06-30 | 0.70 |
| 2011-03-31 | 1.15 |
| 2010-12-31 | 2.59 |
| 2010-09-30 | 1.54 |
| 2010-06-30 | 2.15 |
| 2010-03-31 | 1.94 |
| 2009-12-31 | 1.66 |
| 2009-09-30 | 1.84 |
| 2009-06-30 | 2.06 |
| 2009-03-31 | 2.07 |
| 2008-12-31 | 1.57 |
| 2008-09-30 | 0.88 |
| 2008-06-30 | 1.29 |
| 2008-03-31 | 1.08 |
| 2007-12-31 | 0.77 |
| 2007-09-30 | 0.84 |
| 2007-06-30 | 1.31 |
| 2007-03-31 | 0.85 |
| 2006-12-31 | 0.85 |
| 2006-09-30 | 0.72 |
| 2006-06-30 | 0.52 |
| 2006-03-31 | 0.39 |
| 2005-12-31 | 0.50 |
| 2005-09-30 | 0.78 |
| 2005-06-30 | 0.57 |
| 2005-03-31 | 1.00 |
| 2004-12-31 | 0.93 |
| 2004-09-30 | 1.39 |
| 2004-06-30 | 1.59 |
| 2004-03-31 | 1.31 |
| 2003-12-31 | 1.41 |
| 2003-09-30 | 1.26 |
| 2003-06-30 | 1.04 |
| 2003-03-31 | 0.98 |
| 2002-12-31 | 0.87 |
| 2002-09-30 | 1.06 |
