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 0.82 is in line with its 5-year average of 0.91, near the low end of its 5-year range (0.59–1.41).
As of the fiscal period ended Tuesday, March 31, 2026. 1.11% above its 12-month average of 0.82.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.82
QUICK RATIO (ACID-TEST) AVG TTM
0.82
QUICK RATIO (ACID-TEST) AVG 3Y
0.93
QUICK RATIO (ACID-TEST) AVG 5Y
0.89
QUICK RATIO (ACID-TEST) AVG 10Y
0.85
QUICK RATIO (ACID-TEST) AVG 15Y
0.88
QUICK RATIO (ACID-TEST) AVG 20Y
0.91
CURRENT VS TTM AVG
+1.11%
CURRENT VS 3Y AVG
-11.02%
CURRENT VS 5Y AVG
-7.30%
CURRENT VS 10Y AVG
-3.05%
CURRENT VS 15Y AVG
-6.54%
CURRENT VS 20Y AVG
-9.42%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-31.86%
vs the sector median at left
IDEXX Laboratories, Inc.
Market Cap
$42.94B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.82
3Y Avg
0.93
5Y Avg
0.89
Market Cap
$39.14B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.54
3Y Avg
1.63
5Y Avg
1.68
Market Cap
$47.58B
Quick Ratio (Acid-Test)
3.09
TTM Avg
3.27
3Y Avg
2.83
5Y Avg
2.71
Market Cap
$36.28B
Quick Ratio (Acid-Test)
2.71
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
Market Cap
$34.72B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.79
3Y Avg
0.83
5Y Avg
0.90
Market Cap
$53.41B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.53
3Y Avg
0.54
5Y Avg
0.55
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $42.94B | 0.82 | 0.82 | 0.93 | 0.89 |
| Agilent Technologies, Inc. (A)vs › | $39.14B | 1.52 | 1.54 | 1.63 | 1.68 |
| Humana Inc. (HUM)vs › | $46.74B | 0.72 | 0.58 | 0.57 | 0.58 |
| Edwards Lifesciences Corporation (EW)vs › | $47.58B | 3.09 | 3.27 | 2.83 | 2.71 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 2.71 | 2.71 | 2.94 | 3.33 |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 0.75 | 0.79 | 0.83 | 0.90 |
| Medline Inc. (MDLN)vs › | $32.77B | 2.37 | 1.97 | 2.09 | 2.09 |
| Cardinal Health, Inc. (CAH)vs › | $53.41B | 0.50 | 0.53 | 0.54 | 0.55 |
| Zoetis Inc. (ZTS)vs › | $31.59B | 1.94 | 1.51 | 1.66 | 1.96 |
| Centene Corp. (CNC)vs › | $31.31B | 1.68 | 1.40 | 1.24 | 1.19 |
Quick Ratio
0.82
Excludes inventory
Current Ratio
1.17
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 | 0.82 |
| 2025-12-31 | 0.84 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.79 |
| 2025-03-31 | 0.81 |
| 2024-12-31 | 0.95 |
| 2024-09-30 | 1.03 |
| 2024-06-30 | 1.03 |
| 2024-03-31 | 1.16 |
| 2023-12-31 | 1.17 |
| 2023-09-30 | 1.02 |
| 2023-06-30 | 0.89 |
| 2023-03-31 | 0.71 |
| 2022-12-31 | 0.59 |
| 2022-09-30 | 0.59 |
| 2022-06-30 | 0.61 |
| 2022-03-31 | 0.81 |
| 2021-12-31 | 0.90 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 1.17 |
| 2021-03-31 | 1.41 |
| 2020-12-31 | 1.46 |
| 2020-09-30 | 1.24 |
| 2020-06-30 | 1.02 |
| 2020-03-31 | 0.60 |
| 2019-12-31 | 0.67 |
| 2019-09-30 | 0.80 |
| 2019-06-30 | 0.83 |
| 2019-03-31 | 0.74 |
| 2018-12-31 | 0.62 |
| 2018-09-30 | 0.69 |
| 2018-06-30 | 0.73 |
| 2018-03-31 | 0.72 |
| 2017-12-31 | 0.80 |
| 2017-09-30 | 0.77 |
| 2017-06-30 | 0.75 |
| 2017-03-31 | 0.75 |
| 2016-12-31 | 0.74 |
| 2016-09-30 | 0.87 |
| 2016-06-30 | 0.78 |
| 2016-03-31 | 0.71 |
| 2015-12-31 | 0.74 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.84 |
| 2015-03-31 | 0.79 |
| 2014-12-31 | 0.73 |
| 2014-09-30 | 0.87 |
| 2014-06-30 | 0.93 |
| 2014-03-31 | 1.05 |
| 2013-12-31 | 1.09 |
| 2013-09-30 | 0.81 |
| 2013-06-30 | 0.86 |
| 2013-03-31 | 1.01 |
| 2012-12-31 | 1.05 |
| 2012-09-30 | 1.02 |
| 2012-06-30 | 0.98 |
| 2012-03-31 | 0.92 |
| 2011-12-31 | 0.90 |
| 2011-09-30 | 1.11 |
| 2011-06-30 | 1.21 |
| 2011-03-31 | 1.24 |
| 2010-12-31 | 1.17 |
| 2010-09-30 | 1.10 |
| 2010-06-30 | 1.06 |
| 2010-03-31 | 0.95 |
| 2009-12-31 | 1.04 |
| 2009-09-30 | 1.32 |
| 2009-06-30 | 1.23 |
| 2009-03-31 | 0.84 |
| 2008-12-31 | 0.81 |
| 2008-09-30 | 0.78 |
| 2008-06-30 | 0.78 |
| 2008-03-31 | 0.84 |
| 2007-12-31 | 0.93 |
| 2007-09-30 | 0.94 |
| 2007-06-30 | 0.89 |
| 2007-03-31 | 1.01 |
| 2006-12-31 | 1.65 |
| 2006-09-30 | 1.70 |
| 2006-06-30 | 1.51 |
| 2006-03-31 | 2.03 |
| 2005-12-31 | 2.16 |
| 2005-09-30 | 2.25 |
| 2005-06-30 | 2.42 |
| 2005-03-31 | 2.44 |
| 2004-12-31 | 2.25 |
| 2004-09-30 | 2.92 |
| 2004-06-30 | 3.28 |
| 2004-03-31 | 3.36 |
| 2003-12-31 | 2.93 |
| 2003-09-30 | 3.28 |
| 2003-06-30 | 2.98 |
| 2003-03-31 | 3.19 |
| 2002-12-31 | 2.83 |
| 2002-09-30 | 2.14 |
| 2002-06-30 | 2.25 |
