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 1.35 is 91% below its 5-year average of 14.38, near the low end of its 5-year range (1.35–21.31).
As of the fiscal period ended Tuesday, June 30, 2026. 86.93% below its 12-month average of 10.33.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.35
QUICK RATIO (ACID-TEST) AVG TTM
10.33
QUICK RATIO (ACID-TEST) AVG 3Y
14.85
QUICK RATIO (ACID-TEST) AVG 5Y
14.38
QUICK RATIO (ACID-TEST) AVG 10Y
17.88
QUICK RATIO (ACID-TEST) AVG 15Y
18.82
QUICK RATIO (ACID-TEST) AVG 20Y
14.73
CURRENT VS TTM AVG
-86.93%
CURRENT VS 3Y AVG
-90.91%
CURRENT VS 5Y AVG
-90.61%
CURRENT VS 10Y AVG
-92.45%
CURRENT VS 15Y AVG
-92.83%
CURRENT VS 20Y AVG
-90.83%
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+25.05%
vs the sector median at left
BlackRock, Inc.
Market Cap
$169.78B
Quick Ratio (Acid-Test)
1.35
TTM Avg
10.33
3Y Avg
14.85
5Y Avg
14.38
Market Cap
$170.95B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$157.20B
Quick Ratio (Acid-Test)
17791.62
TTM Avg
1.15
3Y Avg
1.13
5Y Avg
1.04
Market Cap
$185.86B
Quick Ratio (Acid-Test)
15.17
TTM Avg
0.54
3Y Avg
0.53
5Y Avg
0.67
Market Cap
$203.62B
Quick Ratio (Acid-Test)
0.05
TTM Avg
0.15
3Y Avg
0.13
5Y Avg
0.15
Market Cap
$131.26B
Quick Ratio (Acid-Test)
0.13
TTM Avg
0.15
3Y Avg
0.24
5Y Avg
0.30
Market Cap
$129.99B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock, Inc. (BLK) | $169.78B | 1.35 | 10.33 | 14.85 | 14.38 |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $170.95B | N/A | N/A | N/A | N/A |
| Blackstone Inc. (BX)vs › | $161.83B | 0.92 | 0.84 | 1.27 | 2.48 |
| Interactive Brokers Group, Inc. (IBKR)vs › | $157.20B | 17791.62 | 1.15 | 1.13 | 1.04 |
| The Charles Schwab Corporation (SCHW)vs › | $185.86B | 15.17 | 0.54 | 0.53 | 0.67 |
| The Toronto-Dominion Bank (TD)vs › | $203.62B | 0.05 | 0.15 | 0.13 | 0.15 |
| Capital One Financial Corporation (COF)vs › | $131.26B | 0.13 | 0.15 | 0.24 | 0.30 |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $129.99B | N/A | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $129.88B | 0.83 | 0.61 | 0.61 | 0.61 |
| S&P Global Inc. (SPGI)vs › | $126.56B | 0.95 | 0.83 | 0.86 | 1.24 |
Quick Ratio
1.35
Excludes inventory
Current Ratio
1.35
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 | 1.35 |
| 2026-03-31 | 6.80 |
| 2025-12-31 | 15.76 |
| 2025-09-30 | 14.41 |
| 2025-06-30 | 13.34 |
| 2025-03-31 | 12.36 |
| 2024-12-31 | 16.40 |
| 2024-09-30 | 18.63 |
| 2024-06-30 | 15.93 |
| 2024-03-31 | 13.61 |
| 2023-12-31 | 15.63 |
| 2023-09-30 | 13.10 |
| 2023-06-30 | 14.23 |
| 2023-03-31 | 13.26 |
| 2022-12-31 | 14.08 |
| 2022-09-30 | 10.01 |
| 2022-06-30 | 13.01 |
| 2022-03-31 | 12.51 |
| 2021-12-31 | 14.45 |
| 2021-09-30 | 18.18 |
| 2021-06-30 | 21.31 |
| 2021-03-31 | 21.57 |
| 2020-12-31 | 27.92 |
| 2020-09-30 | 25.66 |
| 2020-06-30 | 24.97 |
| 2020-03-31 | 22.69 |
| 2019-12-31 | 20.11 |
| 2019-09-30 | 23.35 |
| 2019-06-30 | 21.74 |
| 2019-03-31 | 4.88 |
| 2018-12-31 | 23.07 |
| 2018-09-30 | 4.86 |
| 2018-06-30 | 28.07 |
| 2018-03-31 | 26.49 |
| 2017-12-31 | 30.51 |
| 2017-09-30 | 23.09 |
| 2017-06-30 | 23.70 |
| 2017-03-31 | 20.09 |
| 2016-12-31 | 42.15 |
| 2016-09-30 | 29.15 |
| 2016-06-30 | 24.79 |
| 2016-03-31 | 28.34 |
| 2015-12-31 | 38.23 |
| 2015-09-30 | 29.78 |
| 2015-06-30 | 31.66 |
| 2015-03-31 | 27.23 |
| 2014-12-31 | 43.57 |
| 2014-09-30 | 20.81 |
| 2014-06-30 | 11.74 |
| 2014-03-31 | 16.96 |
| 2013-12-31 | 28.52 |
| 2013-09-30 | 9.77 |
| 2013-06-30 | 21.74 |
| 2013-03-31 | 18.29 |
| 2012-12-31 | 28.08 |
| 2012-09-30 | 1.54 |
| 2012-06-30 | 1.69 |
| 2012-03-31 | 1.46 |
| 2011-12-31 | 27.00 |
| 2011-09-30 | 2.17 |
| 2011-06-30 | 2.45 |
| 2011-03-31 | 2.66 |
| 2010-12-31 | 2.08 |
| 2010-09-30 | 1.85 |
| 2010-06-30 | 1.72 |
| 2010-03-31 | 1.62 |
| 2009-12-31 | 1.31 |
| 2009-09-30 | 2.54 |
| 2009-06-30 | 2.61 |
| 2009-03-31 | 2.63 |
| 2008-12-31 | 1.94 |
| 2008-09-30 | 2.93 |
| 2008-06-30 | 3.10 |
| 2008-03-31 | 3.73 |
| 2007-12-31 | 1.34 |
| 2007-09-30 | 2.76 |
| 2007-06-30 | 1.34 |
| 2007-03-31 | 1.28 |
| 2006-12-31 | 1.18 |
| 2006-09-30 | 4.16 |
| 2006-06-30 | 2.43 |
| 2006-03-31 | 2.84 |
| 2005-12-31 | 2.15 |
| 2005-09-30 | 2.35 |
| 2005-06-30 | 2.82 |
| 2005-03-31 | 3.34 |
| 2004-12-31 | 2.70 |
| 2004-09-30 | 4.72 |
| 2004-06-30 | 5.01 |
| 2004-03-31 | 7.07 |
| 2003-12-31 | 3.93 |
| 2003-09-30 | 20.36 |
| 2003-06-30 | 5.12 |
| 2003-03-31 | 5.96 |
| 2002-12-31 | 3.34 |
| 2002-09-30 | 3.59 |