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 33% above its 5-year average of 0.64, near the high end of its 5-year range (0.49–0.85).
As of the fiscal period ended Tuesday, June 30, 2026. 39.14% above its 12-month average of 0.61.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.85.
QUICK RATIO (ACID-TEST)
0.85
QUICK RATIO (ACID-TEST) AVG TTM
0.61
QUICK RATIO (ACID-TEST) AVG 3Y
0.65
QUICK RATIO (ACID-TEST) AVG 5Y
0.64
QUICK RATIO (ACID-TEST) AVG 10Y
0.71
QUICK RATIO (ACID-TEST) AVG 15Y
0.71
QUICK RATIO (ACID-TEST) AVG 20Y
0.67
CURRENT VS TTM AVG
+39.14%
CURRENT VS 3Y AVG
+31.72%
CURRENT VS 5Y AVG
+32.59%
CURRENT VS 10Y AVG
+19.47%
CURRENT VS 15Y AVG
+20.04%
CURRENT VS 20Y AVG
+27.04%
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-21.12%
vs the sector median at left
Bank of New York Mellon Corp
Market Cap
$103.06B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.61
3Y Avg
0.65
5Y Avg
0.64
Market Cap
$107.35B
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.32
3Y Avg
1.41
5Y Avg
1.41
Market Cap
$95.10B
Quick Ratio (Acid-Test)
1.02
TTM Avg
46.99
3Y Avg
24.00
5Y Avg
16.34
Market Cap
$95.05B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.99B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$90.03B
Quick Ratio (Acid-Test)
0.08
TTM Avg
0.13
3Y Avg
0.17
5Y Avg
0.27
Market Cap
$118.89B
Quick Ratio (Acid-Test)
0.95
TTM Avg
0.83
3Y Avg
0.86
5Y Avg
1.24
Market Cap
$86.80B
Quick Ratio (Acid-Test)
9.17
TTM Avg
41.98
3Y Avg
22.54
5Y Avg
15.67
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bank of New York Mellon Corp (BNY) | $103.06B | 0.85 | 0.61 | 0.65 | 0.64 |
| Robinhood Markets, Inc. (HOOD)vs › | $107.35B | 1.67 | 1.32 | 1.41 | 1.41 |
| CME Group Inc. (CME)vs › | $95.10B | 1.02 | 46.99 | 24.00 | 16.34 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $95.05B | N/A | N/A | N/A | N/A |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $94.99B | N/A | N/A | N/A | N/A |
| U.S. Bancorp (USB)vs › | $92.42B | 1.78 | 0.27 | 0.26 | 0.32 |
| The PNC Financial Services Group, Inc. (PNC)vs › | $90.03B | 0.08 | 0.13 | 0.17 | 0.27 |
| S&P Global Inc. (SPGI)vs › | $118.89B | 0.95 | 0.83 | 0.86 | 1.24 |
| KKR & Co. Inc. (KKR)vs › | $86.80B | 9.17 | 41.98 | 22.54 | 15.67 |
| The Progressive Corporation (PGR)vs › | $119.48B | 0.24 | 0.48 | 3.60 | 5.88 |
Quick Ratio
0.85
Excludes inventory
Current Ratio
0.85
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 |
| 2025-09-30 | 0.50 |
| 2025-06-30 | 0.49 |
| 2024-09-30 | 0.67 |
| 2024-03-31 | 0.67 |
| 2023-09-30 | 0.67 |
| 2023-06-30 | 0.68 |
| 2022-09-30 | 0.60 |
| 2022-06-30 | 0.61 |
| 2021-09-30 | 0.66 |
| 2021-06-30 | 0.67 |
| 2020-09-30 | 0.71 |
| 2020-03-31 | 0.74 |
| 2019-09-30 | 0.74 |
| 2019-06-30 | 0.76 |
| 2018-09-30 | 0.73 |
| 2018-06-30 | 0.71 |
| 2017-09-30 | 0.81 |
| 2017-06-30 | 0.78 |
| 2016-09-30 | 0.77 |
| 2016-03-31 | 0.78 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.80 |
| 2014-09-30 | 0.88 |
| 2014-06-30 | 0.87 |
| 2013-09-30 | 0.88 |
| 2013-06-30 | 0.90 |
| 2012-09-30 | 0.53 |
| 2012-03-31 | 0.52 |
| 2011-09-30 | 0.62 |
| 2011-06-30 | 0.62 |
| 2010-09-30 | 1816.11 |
| 2010-06-30 | 0.62 |
| 2009-09-30 | 0.54 |
| 2009-06-30 | 0.53 |
| 2008-09-30 | 0.59 |
| 2008-03-31 | 0.46 |
| 2007-09-30 | 0.42 |
| 2007-06-30 | 0.51 |
| 2006-09-30 | 0.48 |
| 2006-03-31 | 0.35 |
| 2005-09-30 | 0.32 |
| 2005-03-31 | 0.34 |
| 2004-09-30 | 0.35 |
| 2004-03-31 | 0.36 |
| 2003-09-30 | 0.38 |
| 2003-03-31 | 0.33 |
| 2002-09-30 | 0.35 |
| 2002-03-31 | 0.33 |
| 2001-09-30 | 0.28 |
| 2001-03-31 | 0.41 |
| 2000-09-30 | 0.39 |
| 2000-03-31 | 0.35 |
| 1999-09-30 | 0.29 |
| 1999-03-31 | 0.26 |
| 1998-09-30 | 0.28 |
| 1998-03-31 | 0.23 |
| 1997-09-30 | 0.25 |
| 1997-03-31 | 0.26 |
| 1996-09-30 | 0.17 |
| 1996-03-31 | 0.13 |
| 1995-09-30 | 0.12 |
| 1995-03-31 | 0.23 |
| 1994-09-30 | 0.26 |
| 1994-03-31 | 0.16 |
| 1993-09-30 | 0.17 |
| 1993-03-31 | 0.18 |
| 1992-09-30 | 0.16 |
| 1992-03-31 | 0.15 |
| 1991-09-30 | 0.15 |
| 1991-03-31 | 0.13 |
| 1990-09-30 | 0.15 |
| 1990-03-31 | 0.13 |
| 1989-09-30 | 0.00 |
| 1989-06-30 | 0.00 |
| 1988-09-30 | 0.00 |
| 1988-03-31 | 0.00 |
| 1987-09-30 | 0.00 |
| 1987-03-31 | 0.00 |
| 1986-09-30 | 0.00 |
| 1986-03-31 | 0.00 |
| 1985-09-30 | 0.00 |
