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 0.75 is 14% below its 5-year average of 0.87, near the low end of its 5-year range (0.70–1.15).
As of the fiscal period ended Tuesday, March 31, 2026. 3.27% below its 12-month average of 0.77.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.75
QUICK RATIO (ACID-TEST) AVG TTM
0.77
QUICK RATIO (ACID-TEST) AVG 3Y
0.82
QUICK RATIO (ACID-TEST) AVG 5Y
0.85
QUICK RATIO (ACID-TEST) AVG 10Y
1.02
QUICK RATIO (ACID-TEST) AVG 15Y
1.12
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-3.27%
CURRENT VS 3Y AVG
-8.50%
CURRENT VS 5Y AVG
-12.54%
CURRENT VS 10Y AVG
-26.71%
CURRENT VS 15Y AVG
-33.53%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-38.28%
vs the sector median at left
IQVIA Holdings Inc.
Market Cap
$34.72B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.77
3Y Avg
0.82
5Y Avg
0.85
Market Cap
$36.28B
Quick Ratio (Acid-Test)
2.71
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
Market Cap
$39.14B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.54
3Y Avg
1.63
5Y Avg
1.68
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IQVIA Holdings Inc. (IQV) | $34.72B | 0.75 | 0.77 | 0.82 | 0.85 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 2.71 | 2.71 | 2.94 | 3.33 |
| Medline Inc. (MDLN)vs › | $32.77B | 2.37 | 1.97 | 2.09 | 2.09 |
| 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 |
| Agilent Technologies, Inc. (A)vs › | $39.14B | 1.52 | 1.54 | 1.63 | 1.68 |
| Biogen Inc. (BIIB)vs › | $29.85B | 2.03 | 1.46 | 1.69 | 1.64 |
| ResMed Inc. (RMD)vs › | $28.33B | 2.53 | 2.11 | 1.94 | 1.80 |
| DexCom, Inc. (DXCM)vs › | $27.61B | 1.59 | 1.44 | 1.80 | 2.83 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.56B | 0.93 | 0.86 | 0.82 | 0.76 |
Quick Ratio
0.75
Excludes inventory
Current Ratio
0.75
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 | 0.75 |
| 2025-12-31 | 0.75 |
| 2025-09-30 | 0.70 |
| 2025-06-30 | 0.84 |
| 2025-03-31 | 0.82 |
| 2024-12-31 | 0.84 |
| 2024-09-30 | 0.81 |
| 2024-06-30 | 0.85 |
| 2024-03-31 | 0.88 |
| 2023-12-31 | 0.86 |
| 2023-09-30 | 0.79 |
| 2023-06-30 | 0.81 |
| 2023-03-31 | 0.80 |
| 2022-12-31 | 0.89 |
| 2022-09-30 | 0.90 |
| 2022-06-30 | 0.96 |
| 2022-03-31 | 0.93 |
| 2021-12-31 | 0.91 |
| 2021-09-30 | 0.94 |
| 2021-06-30 | 1.05 |
| 2021-03-31 | 1.15 |
| 2020-12-31 | 1.12 |
| 2020-09-30 | 1.12 |
| 2020-06-30 | 1.09 |
| 2020-03-31 | 1.09 |
| 2019-12-31 | 1.05 |
| 2019-09-30 | 1.12 |
| 2019-06-30 | 1.14 |
| 2019-03-31 | 1.14 |
| 2018-12-31 | 1.10 |
| 2018-09-30 | 1.09 |
| 2018-06-30 | 1.13 |
| 2018-03-31 | 1.16 |
| 2017-12-31 | 1.22 |
| 2017-09-30 | 1.22 |
| 2017-06-30 | 1.23 |
| 2017-03-31 | 1.20 |
| 2016-12-31 | 1.23 |
| 2016-09-30 | 1.63 |
| 2016-06-30 | 1.52 |
| 2016-03-31 | 1.54 |
| 2015-12-31 | 1.51 |
| 2015-09-30 | 1.65 |
| 2015-06-30 | 1.64 |
| 2015-03-31 | 1.59 |
| 2014-12-31 | 1.46 |
| 2014-09-30 | 1.36 |
| 2014-06-30 | 1.38 |
| 2014-03-31 | 1.42 |
| 2013-12-31 | 1.31 |
| 2013-09-30 | 1.29 |
| 2013-06-30 | 1.35 |
| 2013-03-31 | 1.18 |
| 2012-12-31 | 1.15 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
