Quick Ratio (Acid-Test): 1.20
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 1.20 is 90% above its 5-year average of 0.64, near the high end of its 5-year range (0.00–1.65).
As of Monday, June 29, 2026. 10.34% below its 12-month average of 1.34.
ERIE Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
ERIE Average Quick Ratio (Acid-Test) Chart
ERIE Current vs Average Quick Ratio (Acid-Test) Chart
ERIE Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.20
QUICK RATIO (ACID-TEST) AVG TTM
1.34
QUICK RATIO (ACID-TEST) AVG 3Y
0.94
QUICK RATIO (ACID-TEST) AVG 5Y
0.64
QUICK RATIO (ACID-TEST) AVG 10Y
1.16
QUICK RATIO (ACID-TEST) AVG 15Y
0.80
QUICK RATIO (ACID-TEST) AVG 20Y
0.76
CURRENT VS TTM AVG
-10.34%
CURRENT VS 3Y AVG
+28.09%
CURRENT VS 5Y AVG
+89.65%
CURRENT VS 10Y AVG
+4.22%
CURRENT VS 15Y AVG
+50.54%
CURRENT VS 20Y AVG
+57.94%
ERIE Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Erie Indemnity Company (ERIE) | $11.03B | 1.20 | 1.34 | 0.94 | 0.64 |
| American Financial Group, Inc. (AFG)vs › | $11.56B | 0.50 | 0.81 | 0.91 | 1.09 |
| Invesco Ltd. (IVZ)vs › | $11.59B | 43.01 | 23.07 | 12.26 | 8.44 |
| Assurant, Inc. (AIZ)vs › | $13.10B | 0.55 | 0.67 | 0.66 | 0.69 |
| FactSet Research Systems Inc. (FDS)vs › | $8.44B | 1.40 | 1.32 | 1.56 | 2.03 |
| Hut 8 Corp. (HUT)vs › | $13.85B | 1.09 | 1.38 | 2.83 | 5.12 |
| Globe Life Inc. (GL)vs › | $13.92B | 9.66 | 9.57 | 10.16 | 9.76 |
| Everest Group, Ltd. (EG)vs › | $14.07B | 0.76 | 0.77 | 0.73 | 0.82 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.57B | 0.84 | 1.07 | 1.20 | 1.22 |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $7.29B | 51.50 | 26.00 | 13.84 | 9.36 |
Liquidity Comparison
Quick Ratio
1.20
Excludes inventory
Current Ratio
1.24
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The quick ratio (acid-test) for ERIE stock is 1.20.
- Is Erie Indemnity Company's quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 1.20 is 90% above its 5-year average of 0.64, near the high end of its 5-year range (0.00–1.65).
- What is the TTM average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The TTM average quick ratio (acid-test) for ERIE stock is 1.34.
- What is the 3Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The 3Y average quick ratio (acid-test) for ERIE stock is 0.94.
- What is the 5Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The 5Y average quick ratio (acid-test) for ERIE stock is 0.64.
- What is the 10Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The 10Y average quick ratio (acid-test) for ERIE stock is 1.16.
- What is the 15Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The 15Y average quick ratio (acid-test) for ERIE stock is 0.80.
- What is the 20Y average quick ratio (acid-test) for Erie Indemnity Company (ERIE)?
- The 20Y average quick ratio (acid-test) for ERIE stock is 0.76.
ERIE Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 1.20 |
| 2025-12-31 | 1.24 |
| 2025-09-30 | 1.65 |
| 2025-06-30 | 1.39 |
| 2025-03-31 | 1.24 |
| 2024-12-31 | 1.43 |
| 2024-09-30 | 1.22 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 1.31 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 1.55 |
| 2023-03-31 | 0.00 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.00 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 1.31 |
| 2020-06-30 | 1.46 |
| 2020-03-31 | 1.50 |
| 2019-12-31 | 1.51 |
| 2019-09-30 | 1.64 |
| 2019-06-30 | 1.75 |
| 2019-03-31 | 1.92 |
| 2018-12-31 | 2.48 |
| 2018-09-30 | 1.63 |
| 2018-06-30 | 1.66 |
| 2018-03-31 | 1.61 |
| 2017-12-31 | 3.35 |
| 2017-09-30 | 1.49 |
| 2017-06-30 | 1.56 |
| 2017-03-31 | 1.55 |
| 2016-12-31 | 3.32 |
| 2016-09-30 | 1.38 |
| 2016-06-30 | 1.44 |
| 2016-03-31 | 1.50 |
| 2015-12-31 | 1.43 |
| 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 | 60.50 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 11.34 |
| 2009-09-30 | 9528.15 |
| 2009-06-30 | 11.31 |
| 2009-03-31 | 11.26 |
| 2008-12-31 | 12.04 |
| 2008-09-30 | 7.06 |
| 2008-06-30 | 6.48 |
| 2008-03-31 | 6.46 |
| 2007-12-31 | 57.92 |
| 2007-09-30 | 1128.88 |
| 2007-06-30 | 495.91 |
| 2007-03-31 | 317.76 |
| 2006-12-31 | 62.94 |
| 2006-09-30 | 62.45 |
| 2006-06-30 | 73.19 |
| 2006-03-31 | 253.32 |
| 2005-12-31 | 78.24 |
| 2005-09-30 | 43.85 |
| 2005-06-30 | 47.16 |
| 2005-03-31 | 136.72 |
| 2004-12-31 | 55.13 |
| 2004-09-30 | 413.98 |
| 2004-06-30 | 56.55 |
| 2004-03-31 | 143.54 |
| 2003-12-31 | 53.98 |
| 2003-09-30 | 49.19 |
| 2003-06-30 | 36.27 |
| 2003-03-31 | 206.95 |
| 2002-12-31 | 54.27 |
| 2002-09-30 | 1.60 |
| 2002-06-30 | 192.47 |
Related Metrics
About Erie Indemnity Company
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- CEO
- Timothy G. NeCastro