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 1.46 is 25% above its 5-year average of 1.17, near the high end of its 5-year range (0.83–1.51).
As of the fiscal period ended Tuesday, June 30, 2026. 32.01% above its 12-month average of 1.11.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.46
QUICK RATIO (ACID-TEST) AVG TTM
1.11
QUICK RATIO (ACID-TEST) AVG 3Y
1.07
QUICK RATIO (ACID-TEST) AVG 5Y
1.17
QUICK RATIO (ACID-TEST) AVG 10Y
1.19
QUICK RATIO (ACID-TEST) AVG 15Y
1.16
QUICK RATIO (ACID-TEST) AVG 20Y
1.17
CURRENT VS TTM AVG
+32.01%
CURRENT VS 3Y AVG
+36.96%
CURRENT VS 5Y AVG
+25.33%
CURRENT VS 10Y AVG
+22.25%
CURRENT VS 15Y AVG
+25.75%
CURRENT VS 20Y AVG
+24.94%
SECTOR MEDIAN · HEALTHCARE
1.30
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
+12.33%
vs the sector median at left
Quest Diagnostics Incorporated
Market Cap
$26.18B
Quick Ratio (Acid-Test)
1.46
TTM Avg
1.11
3Y Avg
1.07
5Y Avg
1.17
Market Cap
$26.19B
Quick Ratio (Acid-Test)
1.53
TTM Avg
1.27
3Y Avg
1.23
5Y Avg
1.37
Market Cap
$25.07B
Quick Ratio (Acid-Test)
2.12
TTM Avg
2.22
3Y Avg
2.40
5Y Avg
2.33
Market Cap
$24.80B
Quick Ratio (Acid-Test)
4.58
TTM Avg
2.59
3Y Avg
3.09
5Y Avg
3.29
Market Cap
$29.04B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.77
3Y Avg
0.77
5Y Avg
0.79
Market Cap
$29.25B
Quick Ratio (Acid-Test)
2.99
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quest Diagnostics Incorporated (DGX) | $26.18B | 1.46 | 1.11 | 1.07 | 1.17 |
| Labcorp Holdings Inc. (LH)vs › | $26.19B | 1.53 | 1.27 | 1.23 | 1.37 |
| West Pharmaceutical Services, Inc. (WST)vs › | $25.07B | 2.12 | 2.22 | 2.40 | 2.33 |
| Incyte Corporation (INCY)vs › | $24.80B | 4.58 | 2.59 | 3.09 | 3.29 |
| Medline Inc. (MDLN)vs › | $28.48B | 2.51 | 1.97 | 2.09 | 2.09 |
| Moderna, Inc. (MRNA)vs › | $23.70B | 2.18 | 3.42 | 3.19 | 2.63 |
| BioNTech SE (BNTX)vs › | $23.50B | 8.74 | 7.42 | 7.84 | 6.36 |
| Mettler-Toledo International Inc. (MTD)vs › | $29.04B | 0.78 | 0.77 | 0.77 | 0.79 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $29.25B | 2.99 | 2.71 | 2.94 | 3.33 |
| STERIS plc (STE)vs › | $23.02B | 1.35 | 1.46 | 1.73 | 1.65 |
Quick Ratio
1.46
Excludes inventory
Current Ratio
1.59
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 | 1.46 |
| 2026-03-31 | 1.08 |
| 2025-12-31 | 0.96 |
| 2025-09-30 | 1.04 |
| 2025-06-30 | 0.99 |
| 2025-03-31 | 1.31 |
| 2024-12-31 | 1.02 |
| 2024-09-30 | 1.17 |
| 2024-06-30 | 0.91 |
| 2024-03-31 | 0.89 |
| 2023-12-31 | 1.20 |
| 2023-09-30 | 1.01 |
| 2023-06-30 | 0.83 |
| 2023-03-31 | 1.20 |
| 2022-12-31 | 1.10 |
| 2022-09-30 | 1.34 |
| 2022-06-30 | 1.42 |
| 2022-03-31 | 1.34 |
| 2021-12-31 | 1.44 |
| 2021-09-30 | 1.51 |
| 2021-06-30 | 1.26 |
| 2021-03-31 | 1.63 |
| 2020-12-31 | 1.60 |
| 2020-09-30 | 1.32 |
| 2020-06-30 | 1.21 |
| 2020-03-31 | 1.27 |
| 2019-12-31 | 1.19 |
| 2019-09-30 | 0.83 |
| 2019-06-30 | 0.77 |
| 2019-03-31 | 0.74 |
| 2018-12-31 | 0.87 |
| 2018-09-30 | 1.09 |
| 2018-06-30 | 1.05 |
| 2018-03-31 | 1.14 |
| 2017-12-31 | 1.15 |
| 2017-09-30 | 1.37 |
| 2017-06-30 | 1.55 |
| 2017-03-31 | 1.50 |
| 2016-12-31 | 1.48 |
| 2016-09-30 | 1.49 |
| 2016-06-30 | 1.29 |
| 2016-03-31 | 1.29 |
| 2015-12-31 | 1.21 |
| 2015-09-30 | 1.38 |
| 2015-06-30 | 1.14 |
| 2015-03-31 | 1.09 |
| 2014-12-31 | 0.87 |
| 2014-09-30 | 1.22 |
| 2014-06-30 | 1.11 |
| 2014-03-31 | 1.17 |
| 2013-12-31 | 1.14 |
| 2013-09-30 | 1.08 |
| 2013-06-30 | 1.07 |
| 2013-03-31 | 1.13 |
| 2012-12-31 | 1.40 |
| 2012-09-30 | 1.29 |
| 2012-06-30 | 1.05 |
| 2012-03-31 | 0.94 |
| 2011-12-31 | 0.84 |
| 2011-09-30 | 0.74 |
| 2011-06-30 | 0.70 |
| 2011-03-31 | 1.43 |
| 2010-12-31 | 1.26 |
| 2010-09-30 | 1.29 |
| 2010-06-30 | 1.56 |
| 2010-03-31 | 1.45 |
| 2009-12-31 | 1.50 |
| 2009-09-30 | 1.40 |
| 2009-06-30 | 1.23 |
| 2009-03-31 | 1.10 |
| 2008-12-31 | 1.14 |
| 2008-09-30 | 1.17 |
| 2008-06-30 | 1.17 |
| 2008-03-31 | 1.15 |
| 2007-12-31 | 0.99 |
| 2007-09-30 | 1.13 |
| 2007-06-30 | 1.14 |
| 2007-03-31 | 0.74 |
| 2006-12-31 | 0.97 |
| 2006-09-30 | 0.99 |
| 2006-06-30 | 1.04 |
| 2006-03-31 | 1.00 |
| 2005-12-31 | 0.90 |
| 2005-09-30 | 0.90 |
| 2005-06-30 | 1.14 |
| 2005-03-31 | 1.03 |
| 2004-12-31 | 0.82 |
| 2004-09-30 | 1.33 |
| 2004-06-30 | 1.26 |
| 2004-03-31 | 1.51 |
| 2003-12-31 | 1.28 |
| 2003-09-30 | 1.34 |
| 2003-06-30 | 1.32 |
| 2003-03-31 | 1.25 |
| 2002-12-31 | 1.20 |
| 2002-09-30 | 1.01 |
