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 0.95 is 21% below its 5-year average of 1.21, near the low end of its 5-year range (0.95–2.07).
As of the fiscal period ended Tuesday, June 30, 2026. 14.01% below its 12-month average of 1.11.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.95.
QUICK RATIO (ACID-TEST)
0.95
QUICK RATIO (ACID-TEST) AVG TTM
1.11
QUICK RATIO (ACID-TEST) AVG 3Y
1.20
QUICK RATIO (ACID-TEST) AVG 5Y
1.21
QUICK RATIO (ACID-TEST) AVG 10Y
1.56
QUICK RATIO (ACID-TEST) AVG 15Y
1.56
QUICK RATIO (ACID-TEST) AVG 20Y
1.62
CURRENT VS TTM AVG
-14.01%
CURRENT VS 3Y AVG
-20.37%
CURRENT VS 5Y AVG
-21.30%
CURRENT VS 10Y AVG
-38.76%
CURRENT VS 15Y AVG
-38.82%
CURRENT VS 20Y AVG
-41.12%
SECTOR MEDIAN · HEALTHCARE
1.26
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
-24.39%
vs the sector median at left
ICON Public Limited Company
Market Cap
$12.41B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.11
3Y Avg
1.20
5Y Avg
1.21
Market Cap
$12.14B
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.31
3Y Avg
1.23
5Y Avg
1.40
Market Cap
$11.88B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.06
3Y Avg
1.17
5Y Avg
1.20
Market Cap
$13.43B
Quick Ratio (Acid-Test)
3.16
TTM Avg
2.58
3Y Avg
2.23
5Y Avg
3.05
Market Cap
$11.34B
Quick Ratio (Acid-Test)
3.35
TTM Avg
2.87
3Y Avg
2.99
5Y Avg
2.87
Market Cap
$11.10B
Quick Ratio (Acid-Test)
0.73
TTM Avg
1.13
3Y Avg
0.99
5Y Avg
0.98
Market Cap
$13.98B
Quick Ratio (Acid-Test)
1.04
TTM Avg
1.07
3Y Avg
1.10
5Y Avg
1.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ICON Public Limited Company (ICLR) | $12.41B | 0.95 | 1.11 | 1.20 | 1.21 |
| Penumbra, Inc. (PEN)vs › | $12.51B | 3.86 | 3.87 | 3.53 | 3.55 |
| Baxter International Inc. (BAX)vs › | $12.14B | 1.32 | 1.31 | 1.23 | 1.40 |
| Encompass Health Corporation (EHC)vs › | $11.88B | 1.19 | 1.06 | 1.17 | 1.20 |
| DaVita Inc. (DVA)vs › | $11.47B | 1.41 | 1.23 | 1.19 | 1.21 |
| Tempus AI, Inc. (TEM)vs › | $13.43B | 3.16 | 2.58 | 2.23 | 3.05 |
| Bio-Techne Corporation (TECH)vs › | $11.34B | 3.35 | 2.87 | 2.99 | 2.87 |
| The Cooper Companies, Inc. (COO)vs › | $11.10B | 0.73 | 1.13 | 0.99 | 0.98 |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.98B | 1.04 | 1.07 | 1.10 | 1.11 |
| Universal Health Services, Inc. (UHS)vs › | $10.64B | 1.04 | 1.07 | 1.16 | 1.16 |
Quick Ratio
0.95
Excludes inventory
Current Ratio
0.95
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 | 0.95 |
| 2026-03-31 | 1.14 |
| 2025-12-31 | 1.10 |
| 2025-09-30 | 1.06 |
| 2025-06-30 | 1.29 |
| 2025-03-31 | 1.27 |
| 2024-12-31 | 1.26 |
| 2024-09-30 | 1.34 |
| 2024-06-30 | 1.31 |
| 2024-03-31 | 1.21 |
| 2023-12-31 | 1.21 |
| 2023-09-30 | 1.19 |
| 2023-06-30 | 1.22 |
| 2023-03-31 | 1.18 |
| 2022-12-31 | 1.20 |
| 2022-09-30 | 1.16 |
| 2022-06-30 | 1.18 |
| 2022-03-31 | 1.13 |
| 2021-12-31 | 1.19 |
| 2021-09-30 | 1.36 |
| 2021-06-30 | 2.07 |
| 2021-03-31 | 2.01 |
| 2020-12-31 | 1.87 |
| 2020-09-30 | 1.42 |
| 2020-06-30 | 1.35 |
| 2020-03-31 | 1.29 |
| 2019-12-31 | 1.43 |
| 2019-09-30 | 2.03 |
| 2019-06-30 | 2.07 |
| 2019-03-31 | 2.02 |
| 2018-12-31 | 2.17 |
| 2018-09-30 | 2.17 |
| 2018-06-30 | 2.10 |
| 2018-03-31 | 1.85 |
| 2017-12-31 | 1.94 |
| 2017-09-30 | 1.90 |
| 2017-06-30 | 2.11 |
| 2017-03-31 | 1.91 |
| 2016-12-31 | 1.93 |
| 2016-09-30 | 2.20 |
| 2016-06-30 | 1.99 |
| 2016-03-31 | 1.66 |
| 2015-12-31 | 1.51 |
| 2015-09-30 | 1.08 |
| 2015-06-30 | 1.40 |
| 2015-03-31 | 1.39 |
| 2014-12-31 | 1.48 |
| 2014-09-30 | 1.56 |
| 2014-06-30 | 1.55 |
| 2014-03-31 | 1.75 |
| 2013-12-31 | 1.65 |
| 2013-09-30 | 1.58 |
| 2013-06-30 | 1.50 |
| 2013-03-31 | 1.48 |
| 2012-12-31 | 1.56 |
| 2012-09-30 | 1.54 |
| 2012-06-30 | 1.53 |
| 2012-03-31 | 1.54 |
| 2011-12-31 | 3.33 |
| 2011-09-30 | 1.82 |
| 2011-06-30 | 2.09 |
| 2011-03-31 | 1.94 |
| 2010-12-31 | 2.09 |
| 2010-09-30 | 2.04 |
| 2010-06-30 | 1.92 |
| 2010-03-31 | 1.83 |
| 2009-12-31 | 1.79 |
| 2009-09-30 | 1.54 |
| 2009-06-30 | 1.61 |
| 2009-03-31 | 1.61 |
| 2008-12-31 | 1.50 |
| 2008-09-30 | 1.61 |
| 2008-06-30 | 1.53 |
| 2008-03-31 | 1.63 |
| 2007-12-31 | 1.75 |
| 2007-09-30 | 1.48 |
| 2007-06-30 | 1.84 |
| 2007-03-31 | 2.10 |
| 2006-12-31 | 1.83 |
| 2006-09-30 | 2.08 |
| 2006-06-30 | 2.29 |
| 2006-03-31 | 2.34 |
| 2005-11-30 | 2.24 |
| 2005-08-31 | 2.28 |
| 2005-05-31 | 2.02 |
| 2005-02-28 | 1.95 |
| 2004-11-30 | 1.93 |
| 2004-08-31 | 1.97 |
| 2004-05-31 | 1.90 |
| 2004-02-29 | 1.95 |
| 2003-11-30 | 1.87 |
| 2003-08-31 | 2.06 |
| 2003-05-31 | 1.47 |
| 2003-02-28 | 1.57 |
| 2002-11-30 | 2.01 |
| 2002-08-31 | 2.42 |