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 1.45 is 25% above its 5-year average of 1.16, near the low end of its 5-year range (0.90–2.72).
As of the fiscal period ended Tuesday, March 31, 2026. 25.01% above its 12-month average of 1.16.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.45
QUICK RATIO (ACID-TEST) AVG TTM
1.16
QUICK RATIO (ACID-TEST) AVG 3Y
1.03
QUICK RATIO (ACID-TEST) AVG 5Y
1.03
QUICK RATIO (ACID-TEST) AVG 10Y
0.94
QUICK RATIO (ACID-TEST) AVG 15Y
1.00
QUICK RATIO (ACID-TEST) AVG 20Y
1.04
CURRENT VS TTM AVG
+25.01%
CURRENT VS 3Y AVG
+39.87%
CURRENT VS 5Y AVG
+39.75%
CURRENT VS 10Y AVG
+53.34%
CURRENT VS 15Y AVG
+44.45%
CURRENT VS 20Y AVG
+38.80%
SECTOR MEDIAN · REAL ESTATE
0.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+61.46%
vs the sector median at left
Federal Realty Investment Trust
Market Cap
$10.89B
Quick Ratio (Acid-Test)
1.45
TTM Avg
1.16
3Y Avg
1.03
5Y Avg
1.03
Market Cap
$11.30B
Quick Ratio (Acid-Test)
2.84
TTM Avg
5.90
3Y Avg
9.43
5Y Avg
10.20
Market Cap
$11.43B
Quick Ratio (Acid-Test)
0.10
TTM Avg
0.10
3Y Avg
0.23
5Y Avg
0.69
Market Cap
$9.68B
Quick Ratio (Acid-Test)
0.83
TTM Avg
0.80
3Y Avg
0.82
5Y Avg
0.82
Market Cap
$8.88B
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.79
3Y Avg
1.07
5Y Avg
1.51
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Federal Realty Investment Trust (FRT) | $10.89B | 1.45 | 1.16 | 1.03 | 1.03 |
| BXP, Inc. (BXP)vs › | $11.02B | 2.28 | 2.42 | 3.05 | 3.25 |
| CoStar Group, Inc. (CSGP)vs › | $11.30B | 2.84 | 5.90 | 9.43 | 10.20 |
| Camden Property Trust (CPT)vs › | $11.43B | 0.10 | 0.10 | 0.23 | 0.69 |
| Agree Realty Corporation (ADC)vs › | $9.68B | 0.83 | 0.80 | 0.82 | 0.82 |
| CubeSmart (CUBE)vs › | $9.55B | 0.13 | 0.32 | 0.30 | 0.27 |
| NNN REIT, Inc. (NNN)vs › | $9.39B | 0.19 | 1.03 | 0.65 | 4.82 |
| UDR, Inc. (UDR)vs › | $12.86B | 3.31 | 1.85 | 1.03 | 0.76 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.88B | 1.14 | 0.79 | 1.07 | 1.51 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.88B | 0.43 | 0.42 | 0.45 | 0.48 |
Quick Ratio
1.45
Excludes inventory
Current Ratio
1.02
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 | 1.45 |
| 2025-12-31 | 1.02 |
| 2025-09-30 | 1.01 |
| 2025-06-30 | 1.27 |
| 2025-03-31 | 1.03 |
| 2024-12-31 | 1.16 |
| 2024-09-30 | 0.96 |
| 2024-06-30 | 1.02 |
| 2024-03-31 | 1.01 |
| 2023-12-31 | 1.55 |
| 2023-09-30 | 0.90 |
| 2023-06-30 | 0.99 |
| 2023-03-31 | 0.98 |
| 2022-12-31 | 0.95 |
| 2022-09-30 | 0.94 |
| 2022-06-30 | 1.09 |
| 2022-03-31 | 1.01 |
| 2021-12-31 | 0.98 |
| 2021-09-30 | 0.98 |
| 2021-06-30 | 1.29 |
| 2021-03-31 | 2.72 |
| 2020-12-31 | 3.00 |
| 2020-09-30 | 2.82 |
| 2020-06-30 | 3.41 |
| 2020-03-31 | 3.37 |
| 2019-12-31 | 0.87 |
| 2019-09-30 | 1.04 |
| 2019-06-30 | 1.00 |
| 2019-03-31 | 0.83 |
| 2018-12-31 | 0.86 |
| 2018-09-30 | 0.80 |
| 2018-06-30 | 0.87 |
| 2018-03-31 | 0.87 |
| 2017-12-31 | 0.88 |
| 2017-09-30 | 0.86 |
| 2017-06-30 | 1.06 |
| 2017-03-31 | 0.59 |
| 2016-12-31 | 0.59 |
| 2016-09-30 | 0.93 |
| 2016-06-30 | 0.68 |
| 2016-03-31 | 0.70 |
| 2015-12-31 | 0.76 |
| 2015-09-30 | 0.70 |
| 2015-06-30 | 0.84 |
| 2015-03-31 | 1.44 |
| 2014-12-31 | 0.87 |
| 2014-09-30 | 0.77 |
| 2014-06-30 | 0.82 |
| 2014-03-31 | 1.00 |
| 2013-12-31 | 1.03 |
| 2013-09-30 | 1.20 |
| 2013-06-30 | 1.24 |
| 2013-03-31 | 0.87 |
| 2012-12-31 | 0.92 |
| 2012-09-30 | 1.57 |
| 2012-06-30 | 1.28 |
| 2012-03-31 | 1.35 |
| 2011-12-31 | 1.24 |
| 2011-09-30 | 1.07 |
| 2011-06-30 | 1.07 |
| 2011-03-31 | 0.94 |
| 2010-12-31 | 0.83 |
| 2010-09-30 | 1.14 |
| 2010-06-30 | 1.15 |
| 2010-03-31 | 1.23 |
| 2009-12-31 | 1.58 |
| 2009-09-30 | 3.54 |
| 2009-06-30 | 2.04 |
| 2009-03-31 | 1.16 |
| 2008-12-31 | 1.35 |
| 2008-09-30 | 1.53 |
| 2008-06-30 | 1.24 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 1.47 |
| 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 |
| 2002-06-30 | 0.00 |
