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 0.71 is 17% below its 5-year average of 0.85, near the low end of its 5-year range (0.70–1.05).
As of the fiscal period ended Tuesday, June 30, 2026. 5.66% below its 12-month average of 0.75.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.71
QUICK RATIO (ACID-TEST) AVG TTM
0.75
QUICK RATIO (ACID-TEST) AVG 3Y
0.80
QUICK RATIO (ACID-TEST) AVG 5Y
0.85
QUICK RATIO (ACID-TEST) AVG 10Y
1.00
QUICK RATIO (ACID-TEST) AVG 15Y
1.12
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-5.66%
CURRENT VS 3Y AVG
-11.74%
CURRENT VS 5Y AVG
-16.60%
CURRENT VS 10Y AVG
-29.23%
CURRENT VS 15Y AVG
-36.71%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-41.63%
vs the sector median at left
IQVIA Holdings Inc.
Market Cap
$42.67B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.75
3Y Avg
0.80
5Y Avg
0.85
Market Cap
$42.81B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.78
3Y Avg
0.74
5Y Avg
0.73
Market Cap
$41.48B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.54
3Y Avg
1.63
5Y Avg
1.68
Market Cap
$41.04B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.90
3Y Avg
0.89
5Y Avg
0.98
Market Cap
$49.35B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.69
3Y Avg
0.70
5Y Avg
0.80
Market Cap
$49.93B
Quick Ratio (Acid-Test)
3.77
TTM Avg
3.27
3Y Avg
2.83
5Y Avg
2.71
Market Cap
$34.80B
Quick Ratio (Acid-Test)
2.99
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IQVIA Holdings Inc. (IQV) | $42.67B | 0.71 | 0.75 | 0.80 | 0.85 |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.81B | 0.67 | 0.78 | 0.74 | 0.73 |
| Agilent Technologies, Inc. (A)vs › | $41.48B | 1.56 | 1.54 | 1.63 | 1.68 |
| IDEXX Laboratories, Inc. (IDXX)vs › | $41.04B | 0.87 | 0.90 | 0.89 | 0.98 |
| Humana Inc. (HUM)vs › | $48.40B | 1.74 | 0.58 | 0.57 | 0.58 |
| Becton, Dickinson and Company (BDX)vs › | $49.35B | 0.51 | 0.69 | 0.70 | 0.80 |
| Edwards Lifesciences Corporation (EW)vs › | $49.93B | 3.77 | 3.27 | 2.83 | 2.71 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.80B | 2.99 | 2.71 | 2.94 | 3.33 |
| Alcon Inc. (ALC)vs › | $33.71B | 1.30 | 1.55 | 1.40 | 1.42 |
| ResMed Inc. (RMD)vs › | $32.06B | 2.42 | 2.47 | 2.11 | 1.90 |
Quick Ratio
0.71
Excludes inventory
Current Ratio
0.71
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 | 0.71 |
| 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 |