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 1.18 is 21% below its 5-year average of 1.49, near the low end of its 5-year range (0.87–2.86).
As of the fiscal period ended Thursday, April 30, 2026. 3.01% below its 12-month average of 1.21.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.18
QUICK RATIO (ACID-TEST) AVG TTM
1.21
QUICK RATIO (ACID-TEST) AVG 3Y
1.20
QUICK RATIO (ACID-TEST) AVG 5Y
1.49
QUICK RATIO (ACID-TEST) AVG 10Y
1.46
QUICK RATIO (ACID-TEST) AVG 15Y
1.61
QUICK RATIO (ACID-TEST) AVG 20Y
1.49
CURRENT VS TTM AVG
-3.01%
CURRENT VS 3Y AVG
-2.13%
CURRENT VS 5Y AVG
-21.34%
CURRENT VS 10Y AVG
-19.52%
CURRENT VS 15Y AVG
-27.20%
CURRENT VS 20Y AVG
-20.95%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.57
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+106.20%
vs the sector median at left
Brown-Forman Corporation
Market Cap
$12.16B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.21
3Y Avg
1.20
5Y Avg
1.49
Market Cap
$12.65B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.34
3Y Avg
0.47
5Y Avg
0.45
Market Cap
$11.55B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.60
3Y Avg
0.58
5Y Avg
0.66
Market Cap
$13.43B
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.30
3Y Avg
0.29
5Y Avg
0.30
Market Cap
$13.92B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.19
3Y Avg
1.10
5Y Avg
1.20
Market Cap
$10.33B
Quick Ratio (Acid-Test)
1.63
TTM Avg
1.34
3Y Avg
1.17
5Y Avg
1.17
Market Cap
$7.68B
Quick Ratio (Acid-Test)
0.42
TTM Avg
0.56
3Y Avg
0.54
5Y Avg
0.53
Market Cap
$7.07B
Quick Ratio (Acid-Test)
0.31
TTM Avg
0.31
3Y Avg
0.30
5Y Avg
0.29
Market Cap
$6.93B
Quick Ratio (Acid-Test)
1.37
TTM Avg
2.31
3Y Avg
3.20
5Y Avg
2.73
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brown-Forman Corporation (BF-B) | $12.16B | 1.18 | 1.21 | 1.20 | 1.49 |
| The J. M. Smucker Company (SJM)vs › | $12.65B | 0.33 | 0.34 | 0.47 | 0.45 |
| The Clorox Company (CLX)vs › | $11.55B | 0.57 | 0.60 | 0.58 | 0.66 |
| McCormick & Company, Incorporated (MKC)vs › | $13.43B | 0.28 | 0.30 | 0.29 | 0.30 |
| Hormel Foods Corporation (HRL)vs › | $13.92B | 1.20 | 1.19 | 1.10 | 1.20 |
| Smithfield Foods, Inc. (SFD)vs › | $10.33B | 1.63 | 1.34 | 1.17 | 1.17 |
| Molson Coors Beverage Company (TAP)vs › | $7.68B | 0.42 | 0.56 | 0.54 | 0.53 |
| Conagra Brands, Inc. (CAG)vs › | $7.07B | 0.31 | 0.31 | 0.30 | 0.29 |
| Celsius Holdings, Inc. (CELH)vs › | $6.93B | 1.37 | 2.31 | 3.20 | 2.73 |
| Lamb Weston Holdings, Inc. (LW)vs › | $6.85B | 0.74 | 0.74 | 0.67 | 0.89 |
Quick Ratio
1.18
Excludes inventory
Current Ratio
3.24
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) |
|---|---|
| 2026-04-30 | 1.18 |
| 2026-01-31 | 1.09 |
| 2025-10-31 | 1.17 |
| 2025-07-31 | 1.06 |
| 2025-04-30 | 1.56 |
| 2025-01-31 | 1.49 |
| 2024-10-31 | 1.05 |
| 2024-07-31 | 0.90 |
| 2024-04-30 | 0.95 |
| 2024-01-31 | 1.17 |
| 2023-10-31 | 1.30 |
| 2023-07-31 | 1.29 |
| 2023-04-30 | 1.40 |
| 2023-01-31 | 0.87 |
| 2022-10-31 | 1.82 |
| 2022-07-31 | 1.81 |
| 2022-04-30 | 1.89 |
| 2022-01-31 | 1.80 |
| 2021-10-31 | 2.86 |
| 2021-07-31 | 2.36 |
| 2021-04-30 | 2.36 |
| 2021-01-31 | 2.10 |
| 2020-10-31 | 2.05 |
| 2020-07-31 | 1.75 |
| 2020-04-30 | 1.79 |
| 2020-01-31 | 2.00 |
| 2019-10-31 | 1.80 |
| 2019-07-31 | 1.42 |
| 2019-04-30 | 1.71 |
| 2019-01-31 | 1.43 |
| 2018-10-31 | 1.41 |
| 2018-07-31 | 1.35 |
| 2018-04-30 | 1.43 |
| 2018-01-31 | 0.87 |
| 2017-10-31 | 1.24 |
| 2017-07-31 | 1.07 |
| 2017-04-30 | 1.11 |
| 2017-01-31 | 1.01 |
| 2016-10-31 | 1.38 |
| 2016-07-31 | 1.49 |
| 2016-04-30 | 1.49 |
| 2016-01-31 | 1.25 |
| 2015-10-31 | 1.13 |
| 2015-07-31 | 1.60 |
| 2015-04-30 | 1.36 |
| 2015-01-31 | 1.50 |
| 2014-10-31 | 1.96 |
| 2014-07-31 | 2.06 |
| 2014-04-30 | 2.31 |
| 2014-01-31 | 2.04 |
| 2013-10-31 | 2.09 |
| 2013-07-31 | 1.92 |
| 2013-04-30 | 2.10 |
| 2013-01-31 | 1.54 |
| 2012-10-31 | 2.49 |
| 2012-07-31 | 2.28 |
| 2012-04-30 | 2.57 |
| 2012-01-31 | 1.75 |
| 2011-10-31 | 1.66 |
| 2011-07-31 | 1.73 |
| 2011-04-30 | 1.88 |
| 2011-01-31 | 1.61 |
| 2010-10-31 | 1.67 |
| 2010-07-31 | 1.44 |
| 2010-04-30 | 1.60 |
| 2010-01-31 | 1.30 |
| 2009-10-31 | 1.14 |
| 2009-07-31 | 1.05 |
| 2009-04-30 | 1.10 |
| 2009-01-31 | 1.28 |
| 2008-10-31 | 0.93 |
| 2008-07-31 | 0.77 |
| 2008-04-30 | 0.78 |
| 2008-01-31 | 0.76 |
| 2007-10-31 | 0.77 |
| 2007-07-31 | 0.64 |
| 2007-04-30 | 0.70 |
| 2007-01-31 | 0.76 |
| 2006-10-31 | 1.63 |
| 2006-07-31 | 1.49 |
| 2006-04-30 | 1.91 |
| 2006-01-31 | 1.71 |
| 2005-10-31 | 1.63 |
| 2005-07-31 | 1.32 |
| 2005-04-30 | 1.16 |
| 2005-01-31 | 1.51 |
| 2004-10-31 | 1.39 |
| 2004-07-31 | 1.38 |
| 2004-04-30 | 1.43 |
| 2004-01-31 | 1.07 |
| 2003-10-31 | 0.95 |
| 2003-07-31 | 0.81 |
| 2003-04-30 | 0.88 |
| 2003-01-31 | 0.83 |
| 2002-10-31 | 0.93 |
| 2002-07-31 | 0.81 |
