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 0.96 is 13% below its 5-year average of 1.11, around the middle of its 5-year range (0.34–2.33).
As of the fiscal period ended Tuesday, June 30, 2026. 2.81% above its 12-month average of 0.93.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.96
QUICK RATIO (ACID-TEST) AVG TTM
0.93
QUICK RATIO (ACID-TEST) AVG 3Y
1.33
QUICK RATIO (ACID-TEST) AVG 5Y
1.11
QUICK RATIO (ACID-TEST) AVG 10Y
0.67
QUICK RATIO (ACID-TEST) AVG 15Y
0.62
QUICK RATIO (ACID-TEST) AVG 20Y
0.69
CURRENT VS TTM AVG
+2.81%
CURRENT VS 3Y AVG
-27.85%
CURRENT VS 5Y AVG
-13.34%
CURRENT VS 10Y AVG
+42.31%
CURRENT VS 15Y AVG
+54.52%
CURRENT VS 20Y AVG
+39.20%
SECTOR MEDIAN · ENERGY
1.00
median of 33 covered companies
CURRENT VS SECTOR MEDIAN
-4.15%
vs the sector median at left
Expand Energy Corporation
Market Cap
$21.49B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.93
3Y Avg
1.33
5Y Avg
1.11
Market Cap
$23.50B
Quick Ratio (Acid-Test)
N/A
TTM Avg
6.37
3Y Avg
8.91
5Y Avg
7.91
Market Cap
$24.72B
Quick Ratio (Acid-Test)
0.99
TTM Avg
2.02
3Y Avg
1.75
5Y Avg
1.63
Market Cap
$26.64B
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.52
3Y Avg
1.51
5Y Avg
1.57
Market Cap
$30.10B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.93
3Y Avg
1.01
5Y Avg
1.27
Market Cap
$32.38B
Quick Ratio (Acid-Test)
0.80
TTM Avg
1.05
3Y Avg
1.36
5Y Avg
1.36
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $21.49B | 0.96 | 0.93 | 1.33 | 1.11 |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | N/A | 6.37 | 8.91 | 7.91 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 0.99 | 2.02 | 1.75 | 1.63 |
| Halliburton Company (HAL)vs › | $26.64B | 1.50 | 1.52 | 1.51 | 1.57 |
| Tenaris S.A. (TS)vs › | $28.46B | 2.59 | 2.21 | 2.08 | 2.01 |
| APA Corporation (APA)vs › | $13.30B | 0.78 | 0.85 | 0.83 | 0.88 |
| Devon Energy Corporation (DVN)vs › | $30.10B | 0.94 | 0.93 | 1.01 | 1.27 |
| EQT Corporation (EQT)vs › | $32.33B | N/A | 0.73 | 0.88 | 0.78 |
| Venture Global, Inc. (VG)vs › | $32.38B | 0.80 | 1.05 | 1.36 | 1.36 |
| Antero Midstream Corporation (AM)vs › | $10.10B | N/A | 2.29 | 1.60 | 1.36 |
Quick Ratio
0.96
Excludes inventory
Current Ratio
0.96
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 | 0.96 |
| 2026-03-31 | 1.11 |
| 2025-12-31 | 1.01 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.78 |
| 2025-03-31 | 0.59 |
| 2024-12-31 | 0.64 |
| 2024-09-30 | 2.00 |
| 2024-06-30 | 2.16 |
| 2024-03-31 | 2.33 |
| 2023-12-31 | 1.99 |
| 2023-09-30 | 1.56 |
| 2023-06-30 | 1.34 |
| 2023-03-31 | 1.39 |
| 2022-12-31 | 1.00 |
| 2022-09-30 | 0.49 |
| 2022-06-30 | 0.47 |
| 2022-03-31 | 0.34 |
| 2021-12-31 | 0.86 |
| 2021-09-30 | 0.69 |
| 2021-06-30 | 0.73 |
| 2021-03-31 | 0.82 |
| 2020-12-31 | 0.36 |
| 2020-09-30 | 0.31 |
| 2020-06-30 | 0.29 |
| 2020-03-31 | 0.80 |
| 2019-12-31 | 0.52 |
| 2019-09-30 | 0.60 |
| 2019-06-30 | 0.62 |
| 2019-03-31 | 0.47 |
| 2018-12-31 | 0.57 |
| 2018-09-30 | 0.41 |
| 2018-06-30 | 0.43 |
| 2018-03-31 | 0.52 |
| 2017-12-31 | 0.65 |
| 2017-09-30 | 0.53 |
| 2017-06-30 | 0.58 |
| 2017-03-31 | 0.49 |
| 2016-12-31 | 0.59 |
| 2016-09-30 | 0.30 |
| 2016-06-30 | 0.32 |
| 2016-03-31 | 0.53 |
| 2015-12-31 | 0.67 |
| 2015-09-30 | 0.79 |
| 2015-06-30 | 0.83 |
| 2015-03-31 | 1.01 |
| 2014-12-31 | 1.32 |
| 2014-09-30 | 0.56 |
| 2014-06-30 | 0.75 |
| 2014-03-31 | 0.72 |
| 2013-12-31 | 0.66 |
| 2013-09-30 | 0.70 |
| 2013-06-30 | 0.64 |
| 2013-03-31 | 0.50 |
| 2012-12-31 | 0.47 |
| 2012-09-30 | 0.56 |
| 2012-06-30 | 0.72 |
| 2012-03-31 | 0.59 |
| 2011-12-31 | 0.45 |
| 2011-09-30 | 0.56 |
| 2011-06-30 | 0.55 |
| 2011-03-31 | 0.76 |
| 2010-12-31 | 0.73 |
| 2010-09-30 | 0.79 |
| 2010-06-30 | 0.83 |
| 2010-03-31 | 1.07 |
| 2009-12-31 | 0.90 |
| 2009-09-30 | 1.00 |
| 2009-06-30 | 0.99 |
| 2009-03-31 | 0.85 |
| 2008-12-31 | 1.17 |
| 2008-09-30 | 1.06 |
| 2008-06-30 | 0.41 |
| 2008-03-31 | 0.44 |
| 2007-12-31 | 0.47 |
| 2007-09-30 | 0.49 |
| 2007-06-30 | 0.54 |
| 2007-03-31 | 0.52 |
| 2006-12-31 | 0.58 |
| 2006-09-30 | 0.91 |
| 2006-06-30 | 0.89 |
| 2006-03-31 | 0.71 |
| 2005-12-31 | 0.56 |
| 2005-09-30 | 0.63 |
| 2005-06-30 | 0.45 |
| 2005-03-31 | 0.48 |
| 2004-12-31 | 0.56 |
| 2004-09-30 | 0.50 |
| 2004-06-30 | 0.64 |
| 2004-03-31 | 0.74 |
| 2003-12-31 | 0.63 |
| 2003-09-30 | 0.85 |
| 2003-06-30 | 0.77 |
| 2003-03-31 | 0.96 |
| 2002-12-31 | 1.58 |
| 2002-09-30 | 0.66 |
