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 2.05 is 94% above its 5-year average of 1.05, near the high end of its 5-year range (0.87–2.05).
As of the fiscal period ended Tuesday, June 30, 2026. 41.51% above its 12-month average of 1.45.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.05.
QUICK RATIO (ACID-TEST)
2.05
QUICK RATIO (ACID-TEST) AVG TTM
1.45
QUICK RATIO (ACID-TEST) AVG 3Y
1.11
QUICK RATIO (ACID-TEST) AVG 5Y
1.05
QUICK RATIO (ACID-TEST) AVG 10Y
1.08
QUICK RATIO (ACID-TEST) AVG 15Y
0.68
QUICK RATIO (ACID-TEST) AVG 20Y
0.51
CURRENT VS TTM AVG
+41.51%
CURRENT VS 3Y AVG
+84.12%
CURRENT VS 5Y AVG
+94.40%
CURRENT VS 10Y AVG
+89.43%
CURRENT VS 15Y AVG
+200.13%
CURRENT VS 20Y AVG
+298.54%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+69.39%
vs the sector median at left
Elevance Health Inc.
Market Cap
$90.55B
Quick Ratio (Acid-Test)
2.05
TTM Avg
1.45
3Y Avg
1.11
5Y Avg
1.05
Market Cap
$91.76B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.85
3Y Avg
0.97
5Y Avg
1.05
Market Cap
$79.75B
Quick Ratio (Acid-Test)
2.78
TTM Avg
3.67
3Y Avg
4.14
5Y Avg
3.76
Market Cap
$76.34B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.72
3Y Avg
0.68
5Y Avg
0.69
Market Cap
$105.32B
Quick Ratio (Acid-Test)
0.52
TTM Avg
0.51
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$107.92B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.27
3Y Avg
1.13
5Y Avg
1.20
Market Cap
$65.21B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.86
3Y Avg
0.89
5Y Avg
1.02
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elevance Health Inc. (ELV) | $90.55B | 2.05 | 1.45 | 1.11 | 1.05 |
| HCA Healthcare, Inc. (HCA)vs › | $91.76B | 0.69 | 0.85 | 0.97 | 1.05 |
| GSK plc (GSK)vs › | $100.20B | 0.52 | 0.53 | 0.59 | 0.59 |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $79.75B | 2.78 | 3.67 | 4.14 | 3.76 |
| Sanofi (SNY)vs › | $101.81B | 0.23 | 0.93 | 0.95 | 1.02 |
| Cigna Corporation (CI)vs › | $76.34B | 0.74 | 0.72 | 0.68 | 0.69 |
| McKesson Corporation (MCK)vs › | $105.32B | 0.52 | 0.51 | 0.51 | 0.53 |
| Stryker Corporation (SYK)vs › | $107.92B | 1.33 | 1.27 | 1.13 | 1.20 |
| Boston Scientific Corporation (BSX)vs › | $65.21B | 0.74 | 0.86 | 0.89 | 1.02 |
| Cencora, Inc. (COR)vs › | $62.90B | 0.58 | 0.54 | 0.53 | 0.55 |
Quick Ratio
2.05
Excludes inventory
Current Ratio
2.05
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 | 2.05 |
| 2026-03-31 | 1.48 |
| 2025-12-31 | 1.24 |
| 2025-09-30 | 1.29 |
| 2025-06-30 | 1.18 |
| 2025-03-31 | 1.14 |
| 2024-12-31 | 1.10 |
| 2024-09-30 | 1.03 |
| 2024-06-30 | 1.00 |
| 2024-03-31 | 0.87 |
| 2023-12-31 | 0.97 |
| 2023-09-30 | 1.05 |
| 2023-06-30 | 1.01 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 1.09 |
| 2022-09-30 | 1.08 |
| 2022-06-30 | 0.96 |
| 2022-03-31 | 0.96 |
| 2021-12-31 | 0.94 |
| 2021-09-30 | 1.01 |
| 2021-06-30 | 1.03 |
| 2021-03-31 | 1.41 |
| 2020-12-31 | 1.14 |
| 2020-09-30 | 1.01 |
| 2020-06-30 | 1.19 |
| 2020-03-31 | 1.08 |
| 2019-12-31 | 1.11 |
| 2019-09-30 | 1.09 |
| 2019-06-30 | 1.05 |
| 2019-03-31 | 1.16 |
| 2018-12-31 | 1.13 |
| 2018-09-30 | 1.15 |
| 2018-06-30 | 1.25 |
| 2018-03-31 | 1.16 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 1.61 |
| 2016-09-30 | 1.57 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 0.00 |
