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 0.45 is 56% below its 5-year average of 1.03, near the low end of its 5-year range (0.38–2.30).
As of the fiscal period ended Tuesday, March 31, 2026. 48.62% below its 12-month average of 0.88.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.45
QUICK RATIO (ACID-TEST) AVG TTM
0.88
QUICK RATIO (ACID-TEST) AVG 3Y
1.06
QUICK RATIO (ACID-TEST) AVG 5Y
0.86
QUICK RATIO (ACID-TEST) AVG 10Y
1.01
QUICK RATIO (ACID-TEST) AVG 15Y
1.10
QUICK RATIO (ACID-TEST) AVG 20Y
0.95
CURRENT VS TTM AVG
-48.62%
CURRENT VS 3Y AVG
-57.16%
CURRENT VS 5Y AVG
-47.11%
CURRENT VS 10Y AVG
-55.23%
CURRENT VS 15Y AVG
-58.81%
CURRENT VS 20Y AVG
-52.24%
SECTOR MEDIAN · REAL ESTATE
0.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-49.26%
vs the sector median at left
Essex Property Trust, Inc.
Market Cap
$18.93B
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.88
3Y Avg
1.06
5Y Avg
0.86
Market Cap
$18.55B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.80
3Y Avg
0.66
5Y Avg
0.73
Market Cap
$17.85B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.17
3Y Avg
2.87
5Y Avg
3.35
Market Cap
$17.74B
Quick Ratio (Acid-Test)
0.83
TTM Avg
1.00
3Y Avg
1.37
5Y Avg
1.58
Market Cap
$17.70B
Quick Ratio (Acid-Test)
1.08
TTM Avg
2.33
3Y Avg
4.00
5Y Avg
5.34
Market Cap
$17.44B
Quick Ratio (Acid-Test)
21.93
TTM Avg
11.29
3Y Avg
6.15
5Y Avg
4.64
Market Cap
$15.79B
Quick Ratio (Acid-Test)
0.16
TTM Avg
0.12
3Y Avg
0.10
5Y Avg
0.11
Market Cap
$15.73B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.11
3Y Avg
0.74
5Y Avg
0.94
Market Cap
$15.29B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.31
3Y Avg
0.27
5Y Avg
0.30
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essex Property Trust, Inc. (ESS) | $18.93B | 0.45 | 0.88 | 1.06 | 0.86 |
| SBA Communications Corporation (SBAC)vs › | $18.55B | 0.49 | 0.80 | 0.66 | 0.73 |
| Invitation Homes Inc. (INVH)vs › | $17.85B | 1.52 | 1.17 | 2.87 | 3.35 |
| Weyerhaeuser Company (WY)vs › | $17.74B | 0.83 | 1.00 | 1.37 | 1.58 |
| Kimco Realty Corporation (KIM)vs › | $17.70B | 1.08 | 2.33 | 4.00 | 5.34 |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.44B | 21.93 | 11.29 | 6.15 | 4.64 |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.79B | 0.16 | 0.12 | 0.10 | 0.11 |
| Healthpeak Properties, Inc. (DOC)vs › | $15.73B | 1.09 | 1.11 | 0.74 | 0.94 |
| Sun Communities, Inc. (SUI)vs › | $15.29B | 0.33 | 0.31 | 0.27 | 0.30 |
| Regency Centers Corporation (REG)vs › | $14.78B | 1.05 | 0.89 | 0.81 | 0.99 |
Quick Ratio
0.45
Excludes inventory
Current Ratio
2.30
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 | 0.45 |
| 2025-12-31 | 2.30 |
| 2025-09-30 | 0.54 |
| 2025-06-30 | 0.38 |
| 2025-03-31 | 0.74 |
| 2024-12-31 | 0.66 |
| 2024-09-30 | 0.80 |
| 2024-06-30 | 0.77 |
| 2024-03-31 | 1.96 |
| 2023-12-31 | 1.88 |
| 2023-09-30 | 1.66 |
| 2023-06-30 | 0.84 |
| 2023-03-31 | 0.79 |
| 2022-12-31 | 0.66 |
| 2022-09-30 | 0.64 |
| 2022-06-30 | 0.91 |
| 2022-03-31 | 0.96 |
| 2021-12-31 | 0.85 |
| 2021-09-30 | 1.04 |
| 2021-06-30 | 1.13 |
| 2021-03-31 | 1.62 |
| 2020-12-31 | 1.20 |
| 2020-09-30 | 2.06 |
| 2020-06-30 | 1.28 |
| 2020-03-31 | 0.63 |
| 2019-12-31 | 0.91 |
| 2019-09-30 | 0.87 |
| 2019-06-30 | 0.76 |
| 2019-03-31 | 1.08 |
| 2018-12-31 | 1.37 |
| 2018-09-30 | 1.20 |
| 2018-06-30 | 1.40 |
| 2018-03-31 | 1.14 |
| 2017-12-31 | 0.73 |
| 2017-09-30 | 0.91 |
| 2017-06-30 | 1.32 |
| 2017-03-31 | 0.56 |
| 2016-12-31 | 0.86 |
| 2016-09-30 | 1.17 |
| 2016-06-30 | 1.32 |
| 2016-03-31 | 0.49 |
| 2015-12-31 | 0.97 |
| 2015-09-30 | 0.74 |
| 2015-06-30 | 0.70 |
| 2015-03-31 | 1.54 |
| 2014-12-31 | 0.48 |
| 2014-09-30 | 0.48 |
| 2014-06-30 | 0.79 |
| 2014-03-31 | 0.94 |
| 2013-12-31 | 0.69 |
| 2013-09-30 | 1.50 |
| 2013-06-30 | 1.93 |
| 2013-03-31 | 0.68 |
| 2012-12-31 | 0.87 |
| 2012-09-30 | 2.21 |
| 2012-06-30 | 2.17 |
| 2012-03-31 | 2.00 |
| 2011-12-31 | 0.79 |
| 2011-09-30 | 1.78 |
| 2011-06-30 | 2.03 |
| 2011-03-31 | 2.79 |
| 2010-12-31 | 2.42 |
| 2010-09-30 | 0.41 |
| 2010-06-30 | 0.58 |
| 2010-03-31 | 0.62 |
| 2009-12-31 | 2.97 |
| 2009-09-30 | 1.18 |
| 2009-06-30 | 1.02 |
| 2009-03-31 | 0.64 |
| 2008-12-31 | 0.78 |
| 2008-09-30 | 0.65 |
| 2008-06-30 | 0.41 |
| 2008-03-31 | 0.38 |
| 2007-12-31 | 0.40 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 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 |
| 2002-06-30 | 0.00 |
| 2002-03-31 | 0.00 |
