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 1.01 is in line with its 5-year average of 1.02, near the low end of its 5-year range (0.99–1.10).
As of the fiscal period ended Tuesday, March 31, 2026. 0.15% above its 12-month average of 1.01.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.01
QUICK RATIO (ACID-TEST) AVG TTM
1.01
QUICK RATIO (ACID-TEST) AVG 3Y
1.00
QUICK RATIO (ACID-TEST) AVG 5Y
1.01
QUICK RATIO (ACID-TEST) AVG 10Y
1.00
QUICK RATIO (ACID-TEST) AVG 15Y
1.01
QUICK RATIO (ACID-TEST) AVG 20Y
1.01
CURRENT VS TTM AVG
+0.15%
CURRENT VS 3Y AVG
+0.64%
CURRENT VS 5Y AVG
+0.15%
CURRENT VS 10Y AVG
+1.24%
CURRENT VS 15Y AVG
+0.46%
CURRENT VS 20Y AVG
+0.02%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+12.33%
vs the sector median at left
Intercontinental Exchange, Inc.
Market Cap
$82.45B
Quick Ratio (Acid-Test)
1.01
TTM Avg
1.01
3Y Avg
1.00
5Y Avg
1.01
Market Cap
$82.40B
Quick Ratio (Acid-Test)
1.74
TTM Avg
1.58
3Y Avg
1.65
5Y Avg
1.70
Market Cap
$80.77B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.91
3Y Avg
1.11
5Y Avg
1.16
Market Cap
$80.49B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$85.47B
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.32
3Y Avg
1.41
5Y Avg
1.41
Market Cap
$86.25B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.11
3Y Avg
1.10
5Y Avg
1.15
Market Cap
$89.21B
Quick Ratio (Acid-Test)
79.85
TTM Avg
41.98
3Y Avg
22.54
5Y Avg
15.67
Market Cap
$74.01B
Quick Ratio (Acid-Test)
4.20
TTM Avg
2.54
3Y Avg
1.72
5Y Avg
1.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intercontinental Exchange, Inc. (ICE) | $82.45B | 1.01 | 1.01 | 1.00 | 1.01 |
| Moody's Corporation (MCO)vs › | $82.40B | 1.74 | 1.58 | 1.65 | 1.70 |
| The Travelers Companies, Inc. (TRV)vs › | $80.77B | 0.55 | 0.91 | 1.11 | 1.16 |
| iShares Russell 2000 ETF (IWM)vs › | $80.49B | N/A | N/A | N/A | N/A |
| Robinhood Markets, Inc. (HOOD)vs › | $85.47B | 1.26 | 1.32 | 1.41 | 1.41 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $86.25B | 1.10 | 1.11 | 1.10 | 1.15 |
| Aon plc (AON)vs › | $77.25B | 1.11 | 1.06 | 1.04 | 1.04 |
| KKR & Co. Inc. (KKR)vs › | $89.21B | 79.85 | 41.98 | 22.54 | 15.67 |
| Brookfield Asset Management Ltd. (BAM)vs › | $74.01B | 4.20 | 2.54 | 1.72 | 1.66 |
| CME Group Inc. (CME)vs › | $92.51B | 92.97 | 46.99 | 24.00 | 16.34 |
Quick Ratio
1.01
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 | 1.01 |
| 2025-12-31 | 1.02 |
| 2025-09-30 | 1.01 |
| 2025-06-30 | 1.01 |
| 2025-03-31 | 1.00 |
| 2024-12-31 | 0.99 |
| 2024-09-30 | 1.00 |
| 2024-06-30 | 0.99 |
| 2024-03-31 | 1.01 |
| 2023-12-31 | 1.00 |
| 2023-09-30 | 1.00 |
| 2023-06-30 | 1.10 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 1.05 |
| 2022-09-30 | 1.04 |
| 2022-06-30 | 1.04 |
| 2022-03-31 | 1.01 |
| 2021-12-31 | 1.01 |
| 2021-09-30 | 1.01 |
| 2021-06-30 | 1.02 |
| 2021-03-31 | 1.00 |
| 2020-12-31 | 0.99 |
| 2020-09-30 | 0.99 |
| 2020-06-30 | 1.01 |
| 2020-03-31 | 0.99 |
| 2019-12-31 | 0.99 |
| 2019-09-30 | 1.00 |
| 2019-06-30 | 1.00 |
| 2019-03-31 | 1.01 |
| 2018-12-31 | 1.01 |
| 2018-09-30 | 1.00 |
| 2018-06-30 | 0.98 |
| 2018-03-31 | 0.98 |
| 2017-12-31 | 0.99 |
| 2017-09-30 | 1.01 |
| 2017-06-30 | 0.99 |
| 2017-03-31 | 0.98 |
| 2016-12-31 | 0.97 |
| 2016-09-30 | 0.99 |
| 2016-06-30 | 0.98 |
| 2016-03-31 | 0.98 |
| 2015-12-31 | 0.97 |
| 2015-09-30 | 0.99 |
| 2015-06-30 | 0.99 |
| 2015-03-31 | 0.99 |
| 2014-12-31 | 0.99 |
| 2014-09-30 | 1.00 |
| 2014-06-30 | 1.01 |
| 2014-03-31 | 1.00 |
| 2013-12-31 | 1.00 |
| 2013-09-30 | 1.03 |
| 2013-06-30 | 1.04 |
| 2013-03-31 | 1.04 |
| 2012-12-31 | 1.05 |
| 2012-09-30 | 1.04 |
| 2012-06-30 | 1.03 |
| 2012-03-31 | 1.03 |
| 2011-12-31 | 1.03 |
| 2011-09-30 | 1.01 |
| 2011-06-30 | 1.02 |
| 2011-03-31 | 1.02 |
| 2010-12-31 | 1.02 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 1.04 |
| 2010-03-31 | 1.03 |
| 2009-12-31 | 1.03 |
| 2009-09-30 | 1.02 |
| 2009-06-30 | 1.02 |
| 2009-03-31 | 1.02 |
| 2008-12-31 | 1.02 |
| 2008-09-30 | 1.12 |
| 2008-06-30 | 1.40 |
| 2008-03-31 | 1.27 |
| 2007-12-31 | 1.25 |
| 2007-09-30 | 1.20 |
| 2007-06-30 | 1.20 |
| 2007-03-31 | 1.24 |
| 2006-12-31 | 9.00 |
| 2006-09-30 | 8.82 |
| 2006-06-30 | 9.44 |
| 2006-03-31 | 6.44 |
