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 3.21 is 315% above its 5-year average of 0.77, near the high end of its 5-year range (0.63–3.21).
As of the fiscal period ended Tuesday, June 30, 2026. 151.81% above its 12-month average of 1.28.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.21.
QUICK RATIO (ACID-TEST)
3.21
QUICK RATIO (ACID-TEST) AVG TTM
1.28
QUICK RATIO (ACID-TEST) AVG 3Y
0.80
QUICK RATIO (ACID-TEST) AVG 5Y
0.77
QUICK RATIO (ACID-TEST) AVG 10Y
1.11
QUICK RATIO (ACID-TEST) AVG 15Y
1.29
QUICK RATIO (ACID-TEST) AVG 20Y
1.28
CURRENT VS TTM AVG
+151.81%
CURRENT VS 3Y AVG
+302.22%
CURRENT VS 5Y AVG
+314.81%
CURRENT VS 10Y AVG
+190.29%
CURRENT VS 15Y AVG
+149.57%
CURRENT VS 20Y AVG
+150.29%
SECTOR MEDIAN · FINANCIAL SERVICES
1.12
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+186.69%
vs the sector median at left
Apollo Global Management, Inc.
Market Cap
$74.29B
Quick Ratio (Acid-Test)
3.21
TTM Avg
1.28
3Y Avg
0.80
5Y Avg
0.77
Market Cap
$75.46B
Quick Ratio (Acid-Test)
1.22
TTM Avg
2.54
3Y Avg
1.72
5Y Avg
1.66
Market Cap
$71.66B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$78.26B
Quick Ratio (Acid-Test)
0.20
TTM Avg
0.91
3Y Avg
1.11
5Y Avg
1.16
Market Cap
$79.46B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$82.29B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.58
3Y Avg
1.65
5Y Avg
1.70
Market Cap
$65.31B
Quick Ratio (Acid-Test)
0.24
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
0.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apollo Global Management, Inc. (APO) | $74.29B | 3.21 | 1.28 | 0.80 | 0.77 |
| Brookfield Asset Management Ltd. (BAM)vs › | $75.46B | 1.22 | 2.54 | 1.72 | 1.66 |
| VanEck Semiconductor ETF (SMH)vs › | $71.66B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $70.81B | 0.25 | 0.77 | 0.94 | 0.90 |
| The Travelers Companies, Inc. (TRV)vs › | $78.26B | 0.20 | 0.91 | 1.11 | 1.16 |
| iShares Russell 2000 ETF (IWM)vs › | $79.46B | N/A | N/A | N/A | N/A |
| Moody's Corporation (MCO)vs › | $82.29B | 1.19 | 1.58 | 1.65 | 1.70 |
| The Allstate Corporation (ALL)vs › | $65.31B | 0.24 | 0.37 | 0.37 | 0.37 |
| Aon plc (AON)vs › | $64.21B | 1.03 | 1.06 | 1.04 | 1.04 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.42B | 1.14 | 1.11 | 1.10 | 1.15 |
Quick Ratio
3.21
Excludes inventory
Current Ratio
3.21
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 | 3.21 |
| 2026-03-31 | 0.78 |
| 2025-12-31 | 0.78 |
| 2025-09-30 | 0.80 |
| 2025-06-30 | 0.80 |
| 2025-03-31 | 0.80 |
| 2024-12-31 | 0.80 |
| 2024-09-30 | 0.83 |
| 2024-06-30 | 0.81 |
| 2024-03-31 | 0.82 |
| 2023-12-31 | 0.82 |
| 2023-09-30 | 0.77 |
| 2023-06-30 | 0.77 |
| 2023-03-31 | 0.74 |
| 2022-12-31 | 0.73 |
| 2022-09-30 | 0.69 |
| 2022-06-30 | 0.70 |
| 2022-03-31 | 0.71 |
| 2021-12-31 | 0.63 |
| 2021-09-30 | 1.71 |
| 2021-06-30 | 2.12 |
| 2021-03-31 | 1.84 |
| 2020-12-31 | 1.84 |
| 2020-09-30 | 1.93 |
| 2020-06-30 | 1.61 |
| 2020-03-31 | 1.05 |
| 2019-12-31 | 1.43 |
| 2019-09-30 | 1.20 |
| 2019-06-30 | 1.24 |
| 2019-03-31 | 0.97 |
| 2018-12-31 | 0.98 |
| 2018-09-30 | 1.00 |
| 2018-06-30 | 1.26 |
| 2018-03-31 | 1.11 |
| 2017-12-31 | 0.77 |
| 2017-09-30 | 1.46 |
| 2017-06-30 | 1.54 |
| 2017-03-31 | 1.54 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 1.26 |
| 2016-06-30 | 1.22 |
| 2016-03-31 | 0.80 |
| 2015-12-31 | 0.96 |
| 2015-09-30 | 1.05 |
| 2015-06-30 | 1.19 |
| 2015-03-31 | 1.52 |
| 2014-12-31 | 1.99 |
| 2014-09-30 | 1.78 |
| 2014-06-30 | 1.91 |
| 2014-03-31 | 1.73 |
| 2013-12-31 | 1.81 |
| 2013-09-30 | 1.79 |
| 2013-06-30 | 1.96 |
| 2013-03-31 | 2.01 |
| 2012-12-31 | 2.81 |
| 2012-09-30 | 9.88 |
| 2012-06-30 | 10.78 |
| 2012-03-31 | 5.77 |
| 2011-12-31 | 5.78 |
| 2011-09-30 | 3.62 |
| 2011-06-30 | 4.03 |
| 2011-03-31 | 6.62 |
| 2010-12-31 | 3.78 |
| 2010-09-30 | 4.55 |
| 2010-06-30 | 4.55 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 2.72 |
| 2009-09-30 | 2.26 |
| 2009-06-30 | 0.00 |
| 2008-12-31 | 1.47 |
| 2008-09-30 | 0.00 |
| 2008-03-31 | 3.72 |
| 2007-03-31 | 0.00 |