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 3.72 is 396% above its 5-year average of 0.75, near the high end of its 5-year range (0.55–3.72).
As of the fiscal period ended Tuesday, March 31, 2026. 192.25% above its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.72
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
0.73
QUICK RATIO (ACID-TEST) AVG 5Y
0.75
QUICK RATIO (ACID-TEST) AVG 10Y
0.79
QUICK RATIO (ACID-TEST) AVG 15Y
0.95
QUICK RATIO (ACID-TEST) AVG 20Y
1.03
CURRENT VS TTM AVG
+192.25%
CURRENT VS 3Y AVG
+410.16%
CURRENT VS 5Y AVG
+396.11%
CURRENT VS 10Y AVG
+372.99%
CURRENT VS 15Y AVG
+291.31%
CURRENT VS 20Y AVG
+260.53%
Iron Mountain Incorporated
Market Cap
$36.41B
Quick Ratio (Acid-Test)
3.72
TTM Avg
1.27
3Y Avg
0.73
5Y Avg
0.75
Market Cap
$32.18B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.38
3Y Avg
0.40
5Y Avg
0.47
Market Cap
$30.96B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.10
3Y Avg
0.93
5Y Avg
0.82
Market Cap
$42.72B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.08
3Y Avg
1.09
5Y Avg
1.13
Market Cap
$28.61B
Quick Ratio (Acid-Test)
N/A
TTM Avg
27.30
3Y Avg
27.95
5Y Avg
21.78
Market Cap
$25.95B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.30
3Y Avg
0.62
5Y Avg
0.66
Market Cap
$24.41B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.11
3Y Avg
0.16
5Y Avg
0.21
Market Cap
$19.30B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.80
3Y Avg
0.66
5Y Avg
0.73
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iron Mountain Incorporated (IRM) | $36.41B | 3.72 | 1.27 | 0.73 | 0.75 |
| Crown Castle Inc. (CCI)vs › | $32.18B | 0.43 | 0.38 | 0.40 | 0.47 |
| Extra Space Storage Inc. (EXR)vs › | $30.96B | N/A | 1.10 | 0.93 | 0.82 |
| Ventas, Inc. (VTR)vs › | $42.29B | N/A | 1.00 | 0.83 | 0.84 |
| CBRE Group, Inc. (CBRE)vs › | $42.72B | N/A | 1.08 | 1.09 | 1.13 |
| VICI Properties Inc. (VICI)vs › | $28.61B | N/A | 27.30 | 27.95 | 21.78 |
| AvalonBay Communities, Inc. (AVB)vs › | $25.95B | N/A | 0.30 | 0.62 | 0.66 |
| Equity Residential (EQR)vs › | $24.41B | N/A | 0.11 | 0.16 | 0.21 |
| SBA Communications Corporation (SBAC)vs › | $19.30B | N/A | 0.80 | 0.66 | 0.73 |
| Essex Property Trust, Inc. (ESS)vs › | $18.15B | N/A | 1.48 | 1.38 | 1.26 |
Quick Ratio
3.72
Excludes inventory
Current Ratio
3.72
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 | 3.72 |
| 2025-12-31 | 0.74 |
| 2025-09-30 | 0.66 |
| 2025-06-30 | 0.63 |
| 2025-03-31 | 0.62 |
| 2024-12-31 | 0.55 |
| 2024-09-30 | 0.75 |
| 2024-06-30 | 0.79 |
| 2024-03-31 | 0.86 |
| 2023-12-31 | 0.78 |
| 2023-09-30 | 0.81 |
| 2023-06-30 | 0.78 |
| 2023-03-31 | 0.80 |
| 2022-12-31 | 0.81 |
| 2022-09-30 | 0.89 |
| 2022-06-30 | 0.85 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 0.71 |
| 2021-09-30 | 0.69 |
| 2021-06-30 | 0.80 |
| 2021-03-31 | 0.61 |
| 2020-12-31 | 0.64 |
| 2020-09-30 | 0.60 |
| 2020-06-30 | 0.80 |
| 2020-03-31 | 0.76 |
| 2019-12-31 | 0.63 |
| 2019-09-30 | 0.66 |
| 2019-06-30 | 0.75 |
| 2019-03-31 | 0.80 |
| 2018-12-31 | 0.83 |
| 2018-09-30 | 0.97 |
| 2018-06-30 | 0.98 |
| 2018-03-31 | 1.24 |
| 2017-12-31 | 1.47 |
| 2017-09-30 | 1.08 |
| 2017-06-30 | 0.82 |
| 2017-03-31 | 0.85 |
| 2016-12-31 | 1.06 |
| 2016-09-30 | 1.43 |
| 2016-06-30 | 1.31 |
| 2016-03-31 | 1.11 |
| 2015-12-31 | 1.02 |
| 2015-09-30 | 1.35 |
| 2015-06-30 | 1.16 |
| 2015-03-31 | 1.23 |
| 2014-12-31 | 1.07 |
| 2014-09-30 | 0.61 |
| 2014-06-30 | 1.07 |
| 2014-03-31 | 1.14 |
| 2013-12-31 | 0.97 |
| 2013-09-30 | 1.14 |
| 2013-06-30 | 0.97 |
| 2013-03-31 | 1.19 |
| 2012-12-31 | 1.13 |
| 2012-09-30 | 1.38 |
| 2012-06-30 | 1.14 |
| 2012-03-31 | 1.20 |
| 2011-12-31 | 1.08 |
| 2011-09-30 | 1.67 |
| 2011-06-30 | 1.34 |
| 2011-03-31 | 1.43 |
| 2010-12-31 | 1.23 |
| 2010-09-30 | 1.33 |
| 2010-06-30 | 1.54 |
| 2010-03-31 | 1.50 |
| 2009-12-31 | 1.49 |
| 2009-09-30 | 1.66 |
| 2009-06-30 | 1.64 |
| 2009-03-31 | 1.47 |
| 2008-12-31 | 1.34 |
| 2008-09-30 | 1.38 |
| 2008-06-30 | 1.26 |
| 2008-03-31 | 1.26 |
| 2007-12-31 | 1.07 |
| 2007-09-30 | 1.14 |
| 2007-06-30 | 1.13 |
| 2007-03-31 | 1.00 |
| 2006-12-31 | 1.06 |
| 2006-09-30 | 1.01 |
| 2006-06-30 | 0.97 |
| 2006-03-31 | 1.02 |
| 2005-12-31 | 0.94 |
| 2005-09-30 | 1.03 |
| 2005-06-30 | 0.94 |
| 2005-03-31 | 0.96 |
| 2004-12-31 | 0.97 |
| 2004-09-30 | 1.02 |
| 2004-06-30 | 1.02 |
| 2004-03-31 | 0.99 |
| 2003-12-31 | 0.81 |
| 2003-09-30 | 0.84 |
| 2003-06-30 | 1.15 |
| 2003-03-31 | 0.85 |
| 2002-12-31 | 0.86 |
| 2002-09-30 | 0.87 |
| 2002-06-30 | 0.91 |