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 40.62 is 1493% above its 5-year average of 2.55, near the high end of its 5-year range (0.49–40.62).
As of the fiscal period ended Tuesday, June 30, 2026. 373.65% above its 12-month average of 8.58.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
40.62
QUICK RATIO (ACID-TEST) AVG TTM
8.58
QUICK RATIO (ACID-TEST) AVG 3Y
0.63
QUICK RATIO (ACID-TEST) AVG 5Y
0.66
QUICK RATIO (ACID-TEST) AVG 10Y
0.72
QUICK RATIO (ACID-TEST) AVG 15Y
0.73
QUICK RATIO (ACID-TEST) AVG 20Y
0.70
CURRENT VS TTM AVG
+373.65%
CURRENT VS 3Y AVG
+6343.45%
CURRENT VS 5Y AVG
+6024.22%
CURRENT VS 10Y AVG
+5526.62%
CURRENT VS 15Y AVG
+5448.66%
CURRENT VS 20Y AVG
+5699.39%
The Bank of New York Mellon Corporation
Market Cap
$97.40B
Quick Ratio (Acid-Test)
40.62
TTM Avg
8.58
3Y Avg
0.63
5Y Avg
0.66
Market Cap
$97.52B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$98.40B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.79
3Y Avg
0.65
5Y Avg
0.67
Market Cap
$100.23B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.13
3Y Avg
0.17
5Y Avg
0.27
Market Cap
$92.00B
Quick Ratio (Acid-Test)
9.17
TTM Avg
41.98
3Y Avg
22.54
5Y Avg
15.67
Market Cap
$90.98B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.11
3Y Avg
1.10
5Y Avg
1.15
Market Cap
$109.24B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.68
3Y Avg
0.72
5Y Avg
0.75
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Bank of New York Mellon Corporation (BK) | $97.40B | 40.62 | 8.58 | 0.63 | 0.66 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.52B | N/A | N/A | N/A | N/A |
| Brookfield Corporation (BN)vs › | $98.40B | N/A | 0.79 | 0.65 | 0.67 |
| CME Group Inc. (CME)vs › | $95.82B | N/A | 46.99 | 24.00 | 16.34 |
| U.S. Bancorp (USB)vs › | $99.65B | N/A | 0.27 | 0.26 | 0.32 |
| The PNC Financial Services Group, Inc. (PNC)vs › | $100.23B | N/A | 0.13 | 0.17 | 0.27 |
| KKR & Co. Inc. (KKR)vs › | $92.00B | 9.17 | 41.98 | 22.54 | 15.67 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $90.98B | N/A | 1.11 | 1.10 | 1.15 |
| Bank of New York Mellon Corp (BNY)vs › | $109.24B | N/A | 0.68 | 0.72 | 0.75 |
| Intercontinental Exchange, Inc. (ICE)vs › | $85.22B | 0.04 | 1.00 | 1.02 | 1.01 |
Quick Ratio
40.62
Excludes inventory
Current Ratio
40.62
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 | 40.62 |
| 2026-03-31 | 0.57 |
| 2025-12-31 | 0.70 |
| 2025-09-30 | 0.50 |
| 2025-06-30 | 0.49 |
| 2025-03-31 | 0.51 |
| 2024-12-31 | 0.65 |
| 2024-09-30 | 0.67 |
| 2024-06-30 | 0.68 |
| 2024-03-31 | 0.67 |
| 2023-12-31 | 0.78 |
| 2023-09-30 | 0.67 |
| 2023-06-30 | 0.68 |
| 2023-03-31 | 0.67 |
| 2022-12-31 | 0.74 |
| 2022-09-30 | 0.60 |
| 2022-06-30 | 0.61 |
| 2022-03-31 | 0.64 |
| 2021-12-31 | 0.77 |
| 2021-09-30 | 0.66 |
| 2021-06-30 | 0.67 |
| 2021-03-31 | 0.69 |
| 2020-12-31 | 0.84 |
| 2020-09-30 | 0.71 |
| 2020-06-30 | 0.75 |
| 2020-03-31 | 0.74 |
| 2019-12-31 | 0.85 |
| 2019-09-30 | 0.74 |
| 2019-06-30 | 0.76 |
| 2019-03-31 | 0.74 |
| 2018-12-31 | 0.85 |
| 2018-09-30 | 0.73 |
| 2018-06-30 | 0.71 |
| 2018-03-31 | 0.71 |
| 2017-12-31 | 0.81 |
| 2017-09-30 | 0.81 |
| 2017-06-30 | 0.78 |
| 2017-03-31 | 0.77 |
| 2016-12-31 | 0.74 |
| 2016-09-30 | 0.77 |
| 2016-06-30 | 0.77 |
| 2016-03-31 | 0.78 |
| 2015-12-31 | 0.78 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.80 |
| 2015-03-31 | 0.80 |
| 2014-12-31 | 0.86 |
| 2014-09-30 | 0.88 |
| 2014-06-30 | 0.87 |
| 2014-03-31 | 0.87 |
| 2013-12-31 | 0.89 |
| 2013-09-30 | 0.88 |
| 2013-06-30 | 0.90 |
| 2013-03-31 | 0.92 |
| 2012-12-31 | 0.94 |
| 2012-09-30 | 0.53 |
| 2012-06-30 | 0.55 |
| 2012-03-31 | 0.52 |
| 2011-12-31 | 0.93 |
| 2011-09-30 | 0.62 |
| 2011-06-30 | 0.62 |
| 2011-03-31 | 0.57 |
| 2010-12-31 | 0.92 |
| 2010-09-30 | 1816.11 |
| 2010-06-30 | 0.62 |
| 2010-03-31 | 0.54 |
| 2009-12-31 | 0.87 |
| 2009-09-30 | 0.54 |
| 2009-06-30 | 0.53 |
| 2009-03-31 | 0.60 |
| 2008-12-31 | 0.89 |
| 2008-09-30 | 0.59 |
| 2008-06-30 | 0.51 |
| 2008-03-31 | 0.46 |
| 2007-12-31 | 0.85 |
| 2007-09-30 | 0.42 |
| 2007-06-30 | 0.51 |
| 2007-03-31 | 0.32 |
| 2006-12-31 | 0.78 |
| 2006-09-30 | 0.48 |
| 2006-06-30 | 0.40 |
| 2006-03-31 | 0.35 |
| 2005-12-31 | 0.39 |
| 2005-09-30 | 0.32 |
| 2005-06-30 | 0.36 |
| 2005-03-31 | 0.34 |
| 2004-12-31 | 0.37 |
| 2004-09-30 | 0.35 |
| 2004-06-30 | 0.39 |
| 2004-03-31 | 0.36 |
| 2003-12-31 | 0.39 |
| 2003-09-30 | 0.38 |
| 2003-06-30 | 0.44 |
| 2003-03-31 | 0.33 |
| 2002-12-31 | 0.33 |
| 2002-09-30 | 0.35 |