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 0.66 is in line with its 5-year average of 0.64, near the high end of its 5-year range (0.59–0.69).
As of the fiscal period ended Tuesday, June 30, 2026. 3.81% above its 12-month average of 0.64.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.66.
QUICK RATIO (ACID-TEST)
0.66
QUICK RATIO (ACID-TEST) AVG TTM
0.64
QUICK RATIO (ACID-TEST) AVG 3Y
0.63
QUICK RATIO (ACID-TEST) AVG 5Y
0.64
QUICK RATIO (ACID-TEST) AVG 10Y
0.63
QUICK RATIO (ACID-TEST) AVG 15Y
0.65
QUICK RATIO (ACID-TEST) AVG 20Y
0.64
CURRENT VS TTM AVG
+3.81%
CURRENT VS 3Y AVG
+5.29%
CURRENT VS 5Y AVG
+3.46%
CURRENT VS 10Y AVG
+4.64%
CURRENT VS 15Y AVG
+1.83%
CURRENT VS 20Y AVG
+3.38%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-45.19%
vs the sector median at left
CVS Health Corp.
Market Cap
$121.52B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.64
3Y Avg
0.63
5Y Avg
0.64
Market Cap
$127.55B
Quick Ratio (Acid-Test)
3.91
TTM Avg
3.59
3Y Avg
3.74
5Y Avg
4.30
Market Cap
$130.69B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.15
3Y Avg
1.19
5Y Avg
1.27
Market Cap
$131.37B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
Market Cap
$104.08B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.27
3Y Avg
1.13
5Y Avg
1.20
Market Cap
$103.21B
Quick Ratio (Acid-Test)
0.52
TTM Avg
0.51
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$141.52B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.28
3Y Avg
1.37
5Y Avg
1.36
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CVS Health Corp. (CVS) | $121.52B | 0.66 | 0.64 | 0.63 | 0.64 |
| Medtronic plc (MDT)vs › | $117.25B | N/A | 1.52 | 1.60 | 1.67 |
| Intuitive Surgical, Inc. (ISRG)vs › | $127.55B | 3.91 | 3.59 | 3.74 | 4.30 |
| Bristol-Myers Squibb Company (BMY)vs › | $130.69B | 1.38 | 1.15 | 1.19 | 1.27 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $131.37B | 2.74 | 2.41 | 3.31 | 3.62 |
| Stryker Corporation (SYK)vs › | $104.08B | 1.33 | 1.27 | 1.13 | 1.20 |
| McKesson Corporation (MCK)vs › | $103.21B | 0.52 | 0.51 | 0.51 | 0.53 |
| Sanofi (SNY)vs › | $102.66B | 0.23 | 0.93 | 0.95 | 1.02 |
| Danaher Corporation (DHR)vs › | $141.52B | 1.25 | 1.28 | 1.37 | 1.36 |
| GSK plc (GSK)vs › | $96.40B | 0.52 | 0.53 | 0.59 | 0.59 |
Quick Ratio
0.66
Excludes inventory
Current Ratio
0.87
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 | 0.66 |
| 2026-03-31 | 0.66 |
| 2025-12-31 | 0.63 |
| 2025-09-30 | 0.63 |
| 2025-06-30 | 0.62 |
| 2025-03-31 | 0.63 |
| 2024-12-31 | 0.60 |
| 2024-09-30 | 0.59 |
| 2024-06-30 | 0.66 |
| 2024-03-31 | 0.61 |
| 2023-12-31 | 0.63 |
| 2023-09-30 | 0.64 |
| 2023-06-30 | 0.64 |
| 2023-03-31 | 0.67 |
| 2022-12-31 | 0.67 |
| 2022-09-30 | 0.69 |
| 2022-06-30 | 0.65 |
| 2022-03-31 | 0.62 |
| 2021-12-31 | 0.62 |
| 2021-09-30 | 0.67 |
| 2021-06-30 | 0.67 |
| 2021-03-31 | 0.63 |
| 2020-12-31 | 0.61 |
| 2020-09-30 | 0.67 |
| 2020-06-30 | 0.72 |
| 2020-03-31 | 0.70 |
| 2019-12-31 | 0.62 |
| 2019-09-30 | 0.61 |
| 2019-06-30 | 0.64 |
| 2019-03-31 | 0.64 |
| 2018-12-31 | 0.65 |
| 2018-09-30 | 1.94 |
| 2018-06-30 | 1.87 |
| 2018-03-31 | 1.88 |
| 2017-12-31 | 0.52 |
| 2017-09-30 | 0.55 |
| 2017-06-30 | 0.56 |
| 2017-03-31 | 0.56 |
| 2016-12-31 | 0.62 |
| 2016-09-30 | 0.62 |
| 2016-06-30 | 0.57 |
| 2016-03-31 | 0.63 |
| 2015-12-31 | 0.65 |
| 2015-09-30 | 0.82 |
| 2015-06-30 | 0.69 |
| 2015-03-31 | 0.68 |
| 2014-12-31 | 0.74 |
| 2014-09-30 | 0.75 |
| 2014-06-30 | 0.77 |
| 2014-03-31 | 0.82 |
| 2013-12-31 | 0.93 |
| 2013-09-30 | 0.70 |
| 2013-06-30 | 0.73 |
| 2013-03-31 | 0.69 |
| 2012-12-31 | 0.65 |
| 2012-09-30 | 0.63 |
| 2012-06-30 | 0.68 |
| 2012-03-31 | 0.69 |
| 2011-12-31 | 0.71 |
| 2011-09-30 | 0.69 |
| 2011-06-30 | 0.76 |
| 2011-03-31 | 0.72 |
| 2010-12-31 | 0.63 |
| 2010-09-30 | 0.58 |
| 2010-06-30 | 0.60 |
| 2010-03-31 | 0.56 |
| 2009-12-31 | 0.58 |
| 2009-09-30 | 0.58 |
| 2009-06-30 | 0.58 |
| 2009-03-31 | 0.61 |
| 2008-12-31 | 0.55 |
| 2008-09-27 | 0.67 |
| 2008-06-28 | 0.64 |
| 2008-03-29 | 0.61 |
| 2007-12-31 | 0.57 |
| 2007-09-29 | 0.64 |
| 2007-06-30 | 0.61 |
| 2007-03-31 | 0.46 |
| 2006-12-31 | 0.47 |
| 2006-09-30 | 0.38 |
| 2006-07-01 | 0.34 |
| 2006-04-01 | 0.62 |
| 2005-12-31 | 0.58 |
| 2005-10-01 | 0.50 |
| 2005-07-02 | 0.52 |
| 2005-04-02 | 0.49 |
| 2004-12-31 | 0.51 |
| 2004-10-02 | 0.47 |
| 2004-07-03 | 0.73 |
| 2004-04-03 | 0.75 |
| 2003-12-31 | 0.71 |
| 2003-09-27 | 0.60 |
| 2003-06-28 | 0.63 |
| 2003-03-29 | 0.62 |
| 2002-12-31 | 0.63 |
| 2002-09-28 | 0.48 |
