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 1.67 is 19% above its 5-year average of 1.40, near the high end of its 5-year range (1.20–1.74).
As of the fiscal period ended Tuesday, June 30, 2026. 10.85% above its 12-month average of 1.51.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.67.
QUICK RATIO (ACID-TEST)
1.67
QUICK RATIO (ACID-TEST) AVG TTM
1.51
QUICK RATIO (ACID-TEST) AVG 3Y
1.46
QUICK RATIO (ACID-TEST) AVG 5Y
1.40
QUICK RATIO (ACID-TEST) AVG 10Y
1.46
QUICK RATIO (ACID-TEST) AVG 15Y
1.43
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+10.85%
CURRENT VS 3Y AVG
+14.45%
CURRENT VS 5Y AVG
+19.25%
CURRENT VS 10Y AVG
+14.35%
CURRENT VS 15Y AVG
+16.49%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
1.06
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+57.55%
vs the sector median at left
FirstService Corporation
Market Cap
$5.94B
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.51
3Y Avg
1.46
5Y Avg
1.40
Market Cap
$6.23B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.46
Market Cap
$6.36B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.46
Market Cap
$6.40B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.46
Market Cap
$6.86B
Quick Ratio (Acid-Test)
1.04
TTM Avg
0.10
3Y Avg
0.84
5Y Avg
1.46
Market Cap
$4.46B
Quick Ratio (Acid-Test)
5.40
TTM Avg
3.41
3Y Avg
2.18
5Y Avg
1.78
Market Cap
$4.04B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.64
3Y Avg
0.59
5Y Avg
0.88
Market Cap
$7.85B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.79
3Y Avg
1.07
5Y Avg
1.51
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstService Corporation (FSV) | $5.94B | 1.67 | 1.51 | 1.46 | 1.40 |
| Brookfield Property Partners L.P. (BPYPN)vs › | $6.23B | 0.32 | 0.28 | 0.28 | 0.46 |
| Brookfield Property Partners L.P. (BPYPO)vs › | $6.36B | 0.32 | 0.28 | 0.28 | 0.46 |
| Brookfield Property Partners L.P. (BPYPP)vs › | $6.40B | 0.32 | 0.28 | 0.28 | 0.46 |
| Terreno Realty Corporation (TRNO)vs › | $6.86B | 1.04 | 0.10 | 0.84 | 1.46 |
| Colliers International Group Inc. (CIGI)vs › | $4.46B | 5.40 | 3.41 | 2.18 | 1.78 |
| NNN REIT, Inc. (NNN)vs › | $7.71B | 0.66 | 1.03 | 0.65 | 4.82 |
| Americold Realty Trust, Inc. (COLD)vs › | $4.04B | 0.41 | 0.64 | 0.59 | 0.88 |
| First Industrial Realty Trust, Inc. (FR)vs › | $7.85B | 0.69 | 0.79 | 1.07 | 1.51 |
| Agree Realty Corporation (ADC)vs › | $7.92B | 0.14 | 0.80 | 0.82 | 0.82 |
Quick Ratio
1.67
Excludes inventory
Current Ratio
1.67
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 | 1.67 |
| 2026-03-31 | 1.74 |
| 2025-12-31 | 1.25 |
| 2025-09-30 | 1.44 |
| 2025-06-30 | 1.43 |
| 2025-03-31 | 1.60 |
| 2024-12-31 | 1.50 |
| 2024-09-30 | 1.47 |
| 2024-06-30 | 1.44 |
| 2024-03-31 | 1.50 |
| 2023-12-31 | 1.45 |
| 2023-09-30 | 1.45 |
| 2023-06-30 | 1.45 |
| 2023-03-31 | 1.43 |
| 2022-12-31 | 1.36 |
| 2022-09-30 | 1.39 |
| 2022-06-30 | 1.32 |
| 2022-03-31 | 1.41 |
| 2021-12-31 | 1.30 |
| 2021-09-30 | 1.20 |
| 2021-06-30 | 1.21 |
| 2021-03-31 | 1.20 |
| 2020-12-31 | 1.25 |
| 2020-09-30 | 1.28 |
| 2020-06-30 | 1.51 |
| 2020-03-31 | 1.39 |
| 2019-12-31 | 1.60 |
| 2019-09-30 | 1.67 |
| 2019-06-30 | 1.45 |
| 2019-03-31 | 1.52 |
| 2018-12-31 | 1.62 |
| 2018-09-30 | 1.59 |
| 2018-06-30 | 1.42 |
| 2018-03-31 | 1.58 |
| 2017-12-31 | 1.39 |
| 2017-09-30 | 1.50 |
| 2017-06-30 | 1.45 |
| 2017-03-31 | 1.46 |
| 2016-12-31 | 1.50 |
| 2016-09-30 | 1.51 |
| 2016-06-30 | 1.48 |
| 2016-03-31 | 1.67 |
| 2015-12-31 | 1.65 |
| 2015-09-30 | 1.57 |
| 2015-06-30 | 1.67 |
| 2015-03-31 | 1.22 |
| 2014-12-31 | 1.91 |
| 2014-09-30 | 1.15 |
| 2014-06-30 | 1.21 |
| 2014-03-31 | 1.21 |
| 2013-12-31 | 1.05 |
| 2013-09-30 | 1.22 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 1.06 |
| 2012-09-30 | 0.00 |