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 47% below its 5-year average of 0.66, near the low end of its 5-year range (0.21–1.40).
As of the fiscal period ended Tuesday, March 31, 2026. 31.47% above its 12-month average of 0.27.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.35
QUICK RATIO (ACID-TEST) AVG TTM
0.27
QUICK RATIO (ACID-TEST) AVG 3Y
0.62
QUICK RATIO (ACID-TEST) AVG 5Y
0.66
QUICK RATIO (ACID-TEST) AVG 10Y
0.55
QUICK RATIO (ACID-TEST) AVG 15Y
0.64
QUICK RATIO (ACID-TEST) AVG 20Y
0.58
CURRENT VS TTM AVG
+31.47%
CURRENT VS 3Y AVG
-43.20%
CURRENT VS 5Y AVG
-46.95%
CURRENT VS 10Y AVG
-36.29%
CURRENT VS 15Y AVG
-45.34%
CURRENT VS 20Y AVG
-39.87%
SECTOR MEDIAN · REAL ESTATE
0.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-60.86%
vs the sector median at left
AvalonBay Communities, Inc.
Market Cap
$26.65B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.27
3Y Avg
0.62
5Y Avg
0.66
Market Cap
$25.21B
Quick Ratio (Acid-Test)
0.05
TTM Avg
0.11
3Y Avg
0.16
5Y Avg
0.21
Market Cap
$28.60B
Quick Ratio (Acid-Test)
26.68
TTM Avg
27.30
3Y Avg
27.95
5Y Avg
21.78
Market Cap
$31.33B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.10
3Y Avg
0.93
5Y Avg
0.82
Market Cap
$32.39B
Quick Ratio (Acid-Test)
0.26
TTM Avg
0.38
3Y Avg
0.40
5Y Avg
0.47
Market Cap
$18.68B
Quick Ratio (Acid-Test)
2.30
TTM Avg
1.48
3Y Avg
1.38
5Y Avg
1.26
Market Cap
$18.31B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.80
3Y Avg
0.66
5Y Avg
0.73
Market Cap
$17.79B
Quick Ratio (Acid-Test)
1.08
TTM Avg
2.33
3Y Avg
4.00
5Y Avg
5.34
Market Cap
$17.60B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.17
3Y Avg
2.87
5Y Avg
3.35
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AvalonBay Communities, Inc. (AVB) | $26.65B | 0.35 | 0.27 | 0.62 | 0.66 |
| Equity Residential (EQR)vs › | $25.21B | 0.05 | 0.11 | 0.16 | 0.21 |
| VICI Properties Inc. (VICI)vs › | $28.60B | 26.68 | 27.30 | 27.95 | 21.78 |
| Extra Space Storage Inc. (EXR)vs › | $31.33B | 1.28 | 1.10 | 0.93 | 0.82 |
| Crown Castle Inc. (CCI)vs › | $32.39B | 0.26 | 0.38 | 0.40 | 0.47 |
| Essex Property Trust, Inc. (ESS)vs › | $18.68B | 2.30 | 1.48 | 1.38 | 1.26 |
| SBA Communications Corporation (SBAC)vs › | $18.31B | 0.49 | 0.80 | 0.66 | 0.73 |
| Kimco Realty Corporation (KIM)vs › | $17.79B | 1.08 | 2.33 | 4.00 | 5.34 |
| Invitation Homes Inc. (INVH)vs › | $17.60B | 1.52 | 1.17 | 2.87 | 3.35 |
| Weyerhaeuser Company (WY)vs › | $17.24B | 0.83 | 1.00 | 1.37 | 1.58 |
Quick Ratio
0.35
Excludes inventory
Current Ratio
0.25
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) |
|---|---|
| 2026-03-31 | 0.35 |
| 2025-12-31 | 0.25 |
| 2025-09-30 | 0.30 |
| 2025-06-30 | 0.21 |
| 2025-03-31 | 0.22 |
| 2024-12-31 | 0.36 |
| 2024-09-30 | 0.98 |
| 2024-06-30 | 1.09 |
| 2024-03-31 | 0.58 |
| 2023-12-31 | 0.76 |
| 2023-09-30 | 0.94 |
| 2023-06-30 | 1.40 |
| 2023-03-31 | 0.58 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 0.69 |
| 2022-06-30 | 0.48 |
| 2022-03-31 | 0.75 |
| 2021-12-31 | 0.91 |
| 2021-09-30 | 0.70 |
| 2021-06-30 | 0.82 |
| 2021-03-31 | 0.39 |
| 2020-12-31 | 0.54 |
| 2020-09-30 | 0.32 |
| 2020-06-30 | 0.74 |
| 2020-03-31 | 0.65 |
| 2019-12-31 | 0.26 |
| 2019-09-30 | 0.54 |
| 2019-06-30 | 0.58 |
| 2019-03-31 | 0.34 |
| 2018-12-31 | 0.39 |
| 2018-09-30 | 0.44 |
| 2018-06-30 | 0.61 |
| 2018-03-31 | 0.47 |
| 2017-12-31 | 0.37 |
| 2017-09-30 | 0.28 |
| 2017-06-30 | 0.46 |
| 2017-03-31 | 0.63 |
| 2016-12-31 | 0.60 |
| 2016-09-30 | 0.32 |
| 2016-06-30 | 0.50 |
| 2016-03-31 | 0.48 |
| 2015-12-31 | 0.94 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.36 |
| 2015-03-31 | 0.60 |
| 2014-12-31 | 1.17 |
| 2014-09-30 | 1.06 |
| 2014-06-30 | 1.06 |
| 2014-03-31 | 0.97 |
| 2013-12-31 | 0.76 |
| 2013-09-30 | 0.47 |
| 2013-06-30 | 0.37 |
| 2013-03-31 | 1.07 |
| 2012-12-31 | 6.62 |
| 2012-09-30 | 1.82 |
| 2012-06-30 | 0.23 |
| 2012-03-31 | 0.17 |
| 2011-12-31 | 1.63 |
| 2011-09-30 | 2.00 |
| 2011-06-30 | 0.89 |
| 2011-03-31 | 1.25 |
| 2010-12-31 | 1.74 |
| 2010-09-30 | 0.10 |
| 2010-06-30 | 1.49 |
| 2010-03-31 | 0.87 |
| 2009-12-31 | 0.81 |
| 2009-09-30 | 2.06 |
| 2009-06-30 | 1.13 |
| 2009-03-31 | 0.07 |
| 2008-12-31 | 0.49 |
| 2008-09-30 | 0.08 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.48 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.41 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 0.00 |
| 2002-06-30 | 0.00 |