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 1.25 is in line with its 5-year average of 1.35, near the low end of its 5-year range (1.01–1.94).
As of the fiscal period ended Friday, June 26, 2026. 5.33% below its 12-month average of 1.32.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.25
QUICK RATIO (ACID-TEST) AVG TTM
1.32
QUICK RATIO (ACID-TEST) AVG 3Y
1.33
QUICK RATIO (ACID-TEST) AVG 5Y
1.35
QUICK RATIO (ACID-TEST) AVG 10Y
1.30
QUICK RATIO (ACID-TEST) AVG 15Y
1.31
QUICK RATIO (ACID-TEST) AVG 20Y
1.28
CURRENT VS TTM AVG
-5.33%
CURRENT VS 3Y AVG
-5.95%
CURRENT VS 5Y AVG
-7.60%
CURRENT VS 10Y AVG
-4.21%
CURRENT VS 15Y AVG
-5.02%
CURRENT VS 20Y AVG
-2.44%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+3.20%
vs the sector median at left
Danaher Corporation
Market Cap
$137.13B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.32
3Y Avg
1.33
5Y Avg
1.35
Market Cap
$133.41B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.15
3Y Avg
1.19
5Y Avg
1.27
Market Cap
$133.25B
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.61
3Y Avg
0.63
5Y Avg
0.63
Market Cap
$131.47B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.73
3Y Avg
0.70
5Y Avg
0.72
Market Cap
$124.86B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.27
3Y Avg
1.13
5Y Avg
1.20
Market Cap
$124.82B
Quick Ratio (Acid-Test)
3.96
TTM Avg
3.59
3Y Avg
3.74
5Y Avg
4.30
Market Cap
$121.09B
Quick Ratio (Acid-Test)
2.46
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
Market Cap
$161.66B
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.38
3Y Avg
1.29
5Y Avg
1.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Danaher Corporation (DHR) | $137.13B | 1.25 | 1.32 | 1.33 | 1.35 |
| Bristol-Myers Squibb Company (BMY)vs › | $133.41B | 1.14 | 1.15 | 1.19 | 1.27 |
| CVS Health Corp. (CVS)vs › | $133.25B | 0.63 | 0.61 | 0.63 | 0.63 |
| Pfizer Inc. (PFE)vs › | $142.54B | 0.87 | 0.90 | 0.87 | 0.95 |
| AstraZeneca PLC (AZN)vs › | $131.47B | 0.72 | 0.73 | 0.70 | 0.72 |
| Stryker Corporation (SYK)vs › | $124.86B | 1.21 | 1.27 | 1.13 | 1.20 |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.82B | 3.96 | 3.59 | 3.74 | 4.30 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $121.09B | 2.46 | 2.41 | 3.31 | 3.62 |
| Gilead Sciences, Inc. (GILD)vs › | $161.66B | 1.31 | 1.38 | 1.29 | 1.26 |
| Medtronic plc (MDT)vs › | $109.30B | 1.62 | 1.52 | 1.60 | 1.67 |
Quick Ratio
1.25
Excludes inventory
Current Ratio
1.87
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) |
|---|---|
| 2026-06-26 | 1.25 |
| 2026-03-27 | 1.52 |
| 2025-12-31 | 1.51 |
| 2025-09-26 | 1.10 |
| 2025-06-27 | 1.22 |
| 2025-03-28 | 1.05 |
| 2024-12-31 | 1.05 |
| 2024-09-27 | 1.01 |
| 2024-06-28 | 1.04 |
| 2024-03-29 | 1.51 |
| 2023-12-31 | 1.37 |
| 2023-09-29 | 1.94 |
| 2023-06-30 | 1.70 |
| 2023-03-31 | 1.51 |
| 2022-12-31 | 1.56 |
| 2022-09-30 | 1.38 |
| 2022-07-01 | 1.32 |
| 2022-04-01 | 1.27 |
| 2021-12-31 | 1.09 |
| 2021-10-01 | 1.11 |
| 2021-07-02 | 1.88 |
| 2021-04-02 | 1.70 |
| 2020-12-31 | 1.55 |
| 2020-10-02 | 1.68 |
| 2020-07-03 | 1.74 |
| 2020-04-03 | 1.01 |
| 2019-12-31 | 4.86 |
| 2019-09-27 | 3.09 |
| 2019-06-28 | 1.91 |
| 2019-03-29 | 1.74 |
| 2018-12-31 | 1.13 |
| 2018-09-28 | 1.08 |
| 2018-06-29 | 1.07 |
| 2018-03-30 | 1.15 |
| 2017-12-31 | 1.05 |
| 2017-09-29 | 1.00 |
| 2017-06-30 | 1.06 |
| 2017-03-31 | 0.76 |
| 2016-12-31 | 0.72 |
| 2016-09-30 | 1.00 |
| 2016-07-01 | 1.12 |
| 2016-04-01 | 1.04 |
| 2015-12-31 | 1.02 |
| 2015-10-02 | 0.76 |
| 2015-07-03 | 1.53 |
| 2015-04-03 | 1.39 |
| 2014-12-31 | 1.41 |
| 2014-09-26 | 1.82 |
| 2014-06-27 | 1.73 |
| 2014-03-28 | 1.75 |
| 2013-12-31 | 1.61 |
| 2013-09-27 | 1.42 |
| 2013-06-28 | 1.53 |
| 2013-03-29 | 1.54 |
| 2012-12-31 | 1.37 |
| 2012-09-28 | 1.28 |
| 2012-06-29 | 1.18 |
| 2012-03-30 | 1.19 |
| 2011-12-31 | 1.08 |
| 2011-09-30 | 1.05 |
| 2011-07-01 | 1.05 |
| 2011-04-01 | 1.46 |
| 2010-12-31 | 1.36 |
| 2010-10-01 | 1.37 |
| 2010-07-02 | 1.27 |
| 2010-04-02 | 1.17 |
| 2009-12-31 | 1.53 |
| 2009-10-02 | 1.54 |
| 2009-07-03 | 1.48 |
| 2009-04-03 | 1.36 |
| 2008-12-31 | 1.11 |
| 2008-09-26 | 0.95 |
| 2008-06-27 | 0.94 |
| 2008-03-28 | 0.96 |
| 2007-12-31 | 0.98 |
| 2007-09-28 | 1.10 |
| 2007-06-29 | 1.10 |
| 2007-03-30 | 1.08 |
| 2006-12-31 | 0.97 |
| 2006-09-29 | 0.93 |
| 2006-06-30 | 0.88 |
| 2006-03-31 | 0.98 |
| 2005-12-31 | 0.93 |
| 2005-09-30 | 0.87 |
| 2005-07-01 | 1.02 |
| 2005-04-01 | 0.98 |
| 2004-12-31 | 1.01 |
| 2004-10-01 | 0.92 |
| 2004-07-02 | 0.98 |
| 2004-04-02 | 1.18 |
| 2003-12-31 | 1.74 |
| 2003-09-26 | 1.75 |
| 2003-06-27 | 1.63 |
| 2003-03-28 | 1.45 |
| 2002-12-31 | 1.50 |
| 2002-09-27 | 1.28 |