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 0.44 is in line with its 5-year average of 0.46, around the middle of its 5-year range (0.31–0.56).
As of the fiscal period ended Tuesday, March 31, 2026. 4.39% above its 12-month average of 0.42.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.44
QUICK RATIO (ACID-TEST) AVG TTM
0.42
QUICK RATIO (ACID-TEST) AVG 3Y
0.47
QUICK RATIO (ACID-TEST) AVG 5Y
0.46
QUICK RATIO (ACID-TEST) AVG 10Y
0.44
QUICK RATIO (ACID-TEST) AVG 15Y
0.57
QUICK RATIO (ACID-TEST) AVG 20Y
0.67
CURRENT VS TTM AVG
+4.39%
CURRENT VS 3Y AVG
-6.38%
CURRENT VS 5Y AVG
-5.29%
CURRENT VS 10Y AVG
-0.47%
CURRENT VS 15Y AVG
-23.08%
CURRENT VS 20Y AVG
-34.39%
SECTOR MEDIAN · UTILITIES
0.60
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
-27.26%
vs the sector median at left
Duke Energy Corporation
Market Cap
$101.75B
Quick Ratio (Acid-Test)
0.44
TTM Avg
0.42
3Y Avg
0.47
5Y Avg
0.46
Market Cap
$98.52B
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.33
3Y Avg
1.18
5Y Avg
1.11
Market Cap
$109.63B
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.46
3Y Avg
0.48
5Y Avg
0.51
Market Cap
$73.75B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.32
3Y Avg
0.35
5Y Avg
0.38
Market Cap
$62.52B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.55
3Y Avg
0.67
5Y Avg
0.64
Market Cap
$53.09B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.45
3Y Avg
0.37
5Y Avg
0.38
Market Cap
$50.98B
Quick Ratio (Acid-Test)
0.60
TTM Avg
0.58
3Y Avg
0.62
5Y Avg
0.64
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duke Energy Corporation (DUK) | $101.75B | 0.44 | 0.42 | 0.47 | 0.46 |
| Constellation Energy Corporation (CEG)vs › | $98.52B | 1.31 | 1.33 | 1.18 | 1.11 |
| The Southern Company (SO)vs › | $109.63B | 0.45 | 0.46 | 0.48 | 0.51 |
| American Electric Power Company, Inc. (AEP)vs › | $73.75B | 0.33 | 0.32 | 0.35 | 0.38 |
| Dominion Energy, Inc. (D)vs › | $62.52B | 0.59 | 0.55 | 0.67 | 0.64 |
| Sempra (SRE)vs › | $60.79B | 1.57 | 1.03 | 0.78 | 0.69 |
| Vistra Corp. (VST)vs › | $55.09B | 0.69 | 0.77 | 0.92 | 0.98 |
| Entergy Corporation (ETR)vs › | $53.09B | 0.50 | 0.45 | 0.37 | 0.38 |
| Xcel Energy Inc. (XEL)vs › | $50.98B | 0.60 | 0.58 | 0.62 | 0.64 |
| Exelon Corporation (EXC)vs › | $48.63B | 0.84 | 0.81 | 0.74 | 0.78 |
Quick Ratio
0.44
Excludes inventory
Current Ratio
0.55
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) |
|---|---|
| 2026-03-31 | 0.44 |
| 2025-12-31 | 0.33 |
| 2025-09-30 | 0.40 |
| 2025-06-30 | 0.42 |
| 2025-03-31 | 0.50 |
| 2024-12-31 | 0.44 |
| 2024-09-30 | 0.45 |
| 2024-06-30 | 0.53 |
| 2024-03-31 | 0.50 |
| 2023-12-31 | 0.49 |
| 2023-09-30 | 0.52 |
| 2023-06-30 | 0.52 |
| 2023-03-31 | 0.53 |
| 2022-12-31 | 0.51 |
| 2022-09-30 | 0.56 |
| 2022-06-30 | 0.50 |
| 2022-03-31 | 0.51 |
| 2021-12-31 | 0.43 |
| 2021-09-30 | 0.42 |
| 2021-06-30 | 0.37 |
| 2021-03-31 | 0.31 |
| 2020-12-31 | 0.34 |
| 2020-09-30 | 0.33 |
| 2020-06-30 | 0.36 |
| 2020-03-31 | 0.45 |
| 2019-12-31 | 0.40 |
| 2019-09-30 | 0.49 |
| 2019-06-30 | 0.47 |
| 2019-03-31 | 0.49 |
| 2018-12-31 | 0.44 |
| 2018-09-30 | 0.46 |
| 2018-06-30 | 0.41 |
| 2018-03-31 | 0.39 |
| 2017-12-31 | 0.42 |
| 2017-09-30 | 0.41 |
| 2017-06-30 | 0.35 |
| 2017-03-31 | 0.42 |
| 2016-12-31 | 0.39 |
| 2016-09-30 | 0.84 |
| 2016-06-30 | 0.45 |
| 2016-03-31 | 0.39 |
| 2015-12-31 | 0.40 |
| 2015-09-30 | 0.63 |
| 2015-06-30 | 0.64 |
| 2015-03-31 | 0.75 |
| 2014-12-31 | 0.72 |
| 2014-09-30 | 1.02 |
| 2014-06-30 | 0.97 |
| 2014-03-31 | 1.02 |
| 2013-12-31 | 0.84 |
| 2013-09-30 | 0.79 |
| 2013-06-30 | 0.67 |
| 2013-03-31 | 0.65 |
| 2012-12-31 | 0.69 |
| 2012-09-30 | 0.83 |
| 2012-06-30 | 0.77 |
| 2012-03-31 | 0.97 |
| 2011-12-31 | 0.96 |
| 2011-09-30 | 0.95 |
| 2011-06-30 | 0.96 |
| 2011-03-31 | 1.00 |
| 2010-12-31 | 1.26 |
| 2010-09-30 | 1.57 |
| 2010-06-30 | 1.08 |
| 2010-03-31 | 1.08 |
| 2009-12-31 | 1.04 |
| 2009-09-30 | 1.18 |
| 2009-06-30 | 0.97 |
| 2009-03-31 | 1.16 |
| 2008-12-31 | 0.95 |
| 2008-09-30 | 0.93 |
| 2008-06-30 | 0.86 |
| 2008-03-31 | 0.66 |
| 2007-12-31 | 0.69 |
| 2007-09-30 | 0.91 |
| 2007-06-30 | 0.80 |
| 2007-03-31 | 0.92 |
| 2006-12-31 | 0.84 |
| 2006-09-30 | 0.95 |
| 2006-06-30 | 0.70 |
| 2006-03-31 | 0.72 |
| 2005-12-31 | 0.84 |
| 2005-09-30 | 0.96 |
| 2005-06-30 | 0.90 |
| 2005-03-31 | 1.06 |
| 2004-12-31 | 0.94 |
| 2004-09-30 | 0.89 |
| 2004-06-30 | 0.99 |
| 2004-03-31 | 0.90 |
| 2003-12-31 | 0.87 |
| 2003-09-30 | 1.00 |
| 2003-06-30 | 0.95 |
| 2003-03-31 | 0.92 |
| 2002-12-31 | 0.89 |
| 2002-09-30 | 0.77 |
| 2002-06-30 | 0.74 |