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 0.85 is 28% above its 5-year average of 0.66, near the high end of its 5-year range (0.49–0.85).
As of the fiscal period ended Tuesday, June 30, 2026. 36.89% above its 12-month average of 0.62.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.85
QUICK RATIO (ACID-TEST) AVG TTM
0.62
QUICK RATIO (ACID-TEST) AVG 3Y
0.63
QUICK RATIO (ACID-TEST) AVG 5Y
0.66
QUICK RATIO (ACID-TEST) AVG 10Y
0.73
QUICK RATIO (ACID-TEST) AVG 15Y
0.73
QUICK RATIO (ACID-TEST) AVG 20Y
0.70
CURRENT VS TTM AVG
+36.89%
CURRENT VS 3Y AVG
+35.14%
CURRENT VS 5Y AVG
+28.45%
CURRENT VS 10Y AVG
+17.45%
CURRENT VS 15Y AVG
+16.06%
CURRENT VS 20Y AVG
+21.31%
Bank of New York Mellon Corp
Market Cap
$111.81B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.62
3Y Avg
0.63
5Y Avg
0.66
Market Cap
$120.61B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.48
3Y Avg
3.60
5Y Avg
5.88
Market Cap
$120.92B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.83
3Y Avg
0.86
5Y Avg
1.24
Market Cap
$101.91B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.13
3Y Avg
0.17
5Y Avg
0.27
Market Cap
$99.81B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.79
3Y Avg
0.65
5Y Avg
0.67
Market Cap
$99.60B
Quick Ratio (Acid-Test)
9.17
TTM Avg
41.98
3Y Avg
22.54
5Y Avg
15.67
Market Cap
$98.04B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.25B
Quick Ratio (Acid-Test)
N/A
TTM Avg
46.99
3Y Avg
24.00
5Y Avg
16.34
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bank of New York Mellon Corp (BNY) | $111.81B | 0.85 | 0.62 | 0.63 | 0.66 |
| The Progressive Corporation (PGR)vs › | $120.61B | N/A | 0.48 | 3.60 | 5.88 |
| S&P Global Inc. (SPGI)vs › | $120.92B | N/A | 0.83 | 0.86 | 1.24 |
| The PNC Financial Services Group, Inc. (PNC)vs › | $101.91B | N/A | 0.13 | 0.17 | 0.27 |
| U.S. Bancorp (USB)vs › | $101.19B | N/A | 0.27 | 0.26 | 0.32 |
| Brookfield Corporation (BN)vs › | $99.81B | N/A | 0.79 | 0.65 | 0.67 |
| KKR & Co. Inc. (KKR)vs › | $99.60B | 9.17 | 41.98 | 22.54 | 15.67 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $98.04B | N/A | N/A | N/A | N/A |
| CME Group Inc. (CME)vs › | $94.25B | N/A | 46.99 | 24.00 | 16.34 |
| Chubb Limited (CB)vs › | $132.43B | N/A | 0.62 | 0.62 | 0.62 |
Quick Ratio
0.85
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 | 0.85 |
| 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 |