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 1.64 is 41% below its 5-year average of 2.79, near the low end of its 5-year range (1.28–5.25).
As of the fiscal period ended Tuesday, March 31, 2026. 12.39% above its 12-month average of 1.46.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.64
QUICK RATIO (ACID-TEST) AVG TTM
1.46
QUICK RATIO (ACID-TEST) AVG 3Y
1.90
QUICK RATIO (ACID-TEST) AVG 5Y
2.79
QUICK RATIO (ACID-TEST) AVG 10Y
3.79
QUICK RATIO (ACID-TEST) AVG 15Y
3.85
QUICK RATIO (ACID-TEST) AVG 20Y
3.86
CURRENT VS TTM AVG
+12.39%
CURRENT VS 3Y AVG
-13.96%
CURRENT VS 5Y AVG
-41.42%
CURRENT VS 10Y AVG
-56.81%
CURRENT VS 15Y AVG
-57.54%
CURRENT VS 20Y AVG
-57.58%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+35.21%
vs the sector median at left
Market Cap
$27.56B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
Market Cap
$26.82B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.77
3Y Avg
0.77
5Y Avg
0.79
Market Cap
$25.15B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.07
5Y Avg
1.22
Market Cap
$24.42B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.39
3Y Avg
1.50
5Y Avg
1.54
Market Cap
$24.34B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.27
3Y Avg
1.23
5Y Avg
1.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DexCom, Inc. (DXCM) | $27.61B | 1.64 | 1.46 | 1.90 | 2.79 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.56B | 0.93 | 0.86 | 0.82 | 0.76 |
| ResMed Inc. (RMD)vs › | $28.33B | 2.53 | 2.11 | 1.94 | 1.80 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.82B | 0.81 | 0.77 | 0.77 | 0.79 |
| Biogen Inc. (BIIB)vs › | $29.85B | 2.03 | 1.46 | 1.69 | 1.64 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.15B | 0.96 | 0.99 | 1.07 | 1.22 |
| Waters Corporation (WAT)vs › | $24.42B | 1.27 | 1.39 | 1.50 | 1.54 |
| Labcorp Holdings Inc. (LH)vs › | $24.34B | 1.23 | 1.27 | 1.23 | 1.37 |
| Centene Corp. (CNC)vs › | $31.31B | 1.68 | 1.40 | 1.24 | 1.19 |
| Zoetis Inc. (ZTS)vs › | $31.59B | 1.94 | 1.51 | 1.66 | 1.96 |
Quick Ratio
1.64
Excludes inventory
Current Ratio
1.88
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 | 1.64 |
| 2025-12-31 | 1.59 |
| 2025-09-30 | 1.38 |
| 2025-06-30 | 1.35 |
| 2025-03-31 | 1.32 |
| 2024-12-31 | 1.28 |
| 2024-09-30 | 2.12 |
| 2024-06-30 | 2.48 |
| 2024-03-31 | 2.53 |
| 2023-12-31 | 2.48 |
| 2023-09-30 | 2.50 |
| 2023-06-30 | 2.21 |
| 2023-03-31 | 1.82 |
| 2022-12-31 | 1.83 |
| 2022-09-30 | 3.43 |
| 2022-06-30 | 4.30 |
| 2022-03-31 | 4.79 |
| 2021-12-31 | 4.62 |
| 2021-09-30 | 4.50 |
| 2021-06-30 | 5.25 |
| 2021-03-31 | 5.22 |
| 2020-12-31 | 5.19 |
| 2020-09-30 | 6.00 |
| 2020-06-30 | 7.17 |
| 2020-03-31 | 5.41 |
| 2019-12-31 | 5.13 |
| 2019-09-30 | 5.26 |
| 2019-06-30 | 5.64 |
| 2019-03-31 | 6.75 |
| 2018-12-31 | 7.32 |
| 2018-09-30 | 4.43 |
| 2018-06-30 | 4.62 |
| 2018-03-31 | 5.42 |
| 2017-12-31 | 5.04 |
| 2017-09-30 | 5.50 |
| 2017-06-30 | 5.84 |
| 2017-03-31 | 1.65 |
| 2016-12-31 | 2.29 |
| 2016-09-30 | 2.48 |
| 2016-06-30 | 2.68 |
| 2016-03-31 | 2.83 |
| 2015-12-31 | 2.93 |
| 2015-09-30 | 2.94 |
| 2015-06-30 | 3.35 |
| 2015-03-31 | 3.45 |
| 2014-12-31 | 3.20 |
| 2014-09-30 | 2.69 |
| 2014-06-30 | 2.64 |
| 2014-03-31 | 2.85 |
| 2013-12-31 | 2.62 |
| 2013-09-30 | 2.62 |
| 2013-06-30 | 3.17 |
| 2013-03-31 | 3.94 |
| 2012-12-31 | 3.60 |
| 2012-09-30 | 3.35 |
| 2012-06-30 | 4.52 |
| 2012-03-31 | 5.27 |
| 2011-12-31 | 6.53 |
| 2011-09-30 | 7.38 |
| 2011-06-30 | 8.55 |
| 2011-03-31 | 4.14 |
| 2010-12-31 | 3.83 |
| 2010-09-30 | 2.24 |
| 2010-06-30 | 2.99 |
| 2010-03-31 | 3.48 |
| 2009-12-31 | 1.82 |
| 2009-09-30 | 2.36 |
| 2009-06-30 | 3.17 |
| 2009-03-31 | 4.28 |
| 2008-12-31 | 1.97 |
| 2008-09-30 | 3.47 |
| 2008-06-30 | 4.67 |
| 2008-03-31 | 6.42 |
| 2007-12-31 | 7.83 |
| 2007-09-30 | 12.45 |
| 2007-06-30 | 11.58 |
| 2007-03-31 | 14.56 |
| 2006-12-31 | 10.70 |
| 2006-09-30 | 10.05 |
| 2006-06-30 | 15.00 |
| 2006-03-31 | 5.63 |
| 2005-12-31 | 7.21 |
| 2005-09-30 | 20.72 |
| 2005-06-30 | 23.48 |
| 2005-03-31 | 7.83 |
