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 0.84 is 97% above its 5-year average of 0.43, near the high end of its 5-year range (0.27–0.84).
As of the fiscal period ended Tuesday, June 30, 2026. 36.03% above its 12-month average of 0.62.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.84
QUICK RATIO (ACID-TEST) AVG TTM
0.62
QUICK RATIO (ACID-TEST) AVG 3Y
0.47
QUICK RATIO (ACID-TEST) AVG 5Y
0.43
QUICK RATIO (ACID-TEST) AVG 10Y
0.37
QUICK RATIO (ACID-TEST) AVG 15Y
0.37
QUICK RATIO (ACID-TEST) AVG 20Y
0.31
CURRENT VS TTM AVG
+36.03%
CURRENT VS 3Y AVG
+77.06%
CURRENT VS 5Y AVG
+97.01%
CURRENT VS 10Y AVG
+127.84%
CURRENT VS 15Y AVG
+127.66%
CURRENT VS 20Y AVG
+172.04%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-6.63%
vs the sector median at left
JPMorgan Chase & Co.
Market Cap
$942.62B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.62
3Y Avg
0.47
5Y Avg
0.43
Market Cap
$439.63B
Quick Ratio (Acid-Test)
0.42
TTM Avg
0.36
3Y Avg
0.31
5Y Avg
0.31
Market Cap
$264.55B
Quick Ratio (Acid-Test)
0.29
TTM Avg
0.28
3Y Avg
0.27
5Y Avg
0.28
Market Cap
$300.43B
Quick Ratio (Acid-Test)
0.83
TTM Avg
0.88
3Y Avg
0.90
5Y Avg
0.92
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | $942.62B | 0.84 | 0.62 | 0.47 | 0.43 |
| Bank of America Corporation (BAC)vs › | $439.63B | 0.42 | 0.36 | 0.31 | 0.31 |
| Wells Fargo & Company (WFC)vs › | $264.55B | 0.29 | 0.28 | 0.27 | 0.28 |
| Citigroup Inc. (C)vs › | $227.12B | 0.48 | 0.40 | 0.36 | 0.36 |
| The Goldman Sachs Group, Inc. (GS)vs › | $300.43B | 0.83 | 0.88 | 0.90 | 0.92 |
| Morgan Stanley (MS)vs › | $332.03B | 1.17 | 0.92 | 0.82 | 0.81 |
Quick Ratio
0.84
Excludes inventory
Current Ratio
0.52
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 | 0.84 |
| 2026-03-31 | 0.62 |
| 2025-12-31 | 0.52 |
| 2025-09-30 | 0.55 |
| 2025-06-30 | 0.56 |
| 2025-03-31 | 0.56 |
| 2024-12-31 | 0.53 |
| 2024-09-30 | 0.56 |
| 2024-06-30 | 0.30 |
| 2024-03-31 | 0.28 |
| 2023-12-31 | 0.30 |
| 2023-09-30 | 0.28 |
| 2023-06-30 | 0.27 |
| 2023-03-31 | 0.30 |
| 2022-12-31 | 0.29 |
| 2022-09-30 | 0.33 |
| 2022-06-30 | 0.35 |
| 2022-03-31 | 0.39 |
| 2021-12-31 | 0.36 |
| 2021-09-30 | 0.39 |
| 2021-06-30 | 0.38 |
| 2021-03-31 | 0.40 |
| 2020-12-31 | 0.35 |
| 2020-09-30 | 0.38 |
| 2020-06-30 | 0.43 |
| 2020-03-31 | 0.38 |
| 2019-12-31 | 0.32 |
| 2019-09-30 | 0.36 |
| 2019-06-30 | 0.33 |
| 2019-03-31 | 0.31 |
| 2018-12-31 | 0.28 |
| 2018-09-30 | 0.38 |
| 2018-06-30 | 0.38 |
| 2018-03-31 | 0.38 |
| 2017-12-31 | 0.36 |
| 2017-09-30 | 0.42 |
| 2017-06-30 | 0.41 |
| 2017-03-31 | 0.43 |
| 2016-12-31 | 0.36 |
| 2016-09-30 | 0.41 |
| 2016-06-30 | 0.39 |
| 2016-03-31 | 0.41 |
| 2015-12-31 | 0.39 |
| 2015-09-30 | 0.44 |
| 2015-06-30 | 0.46 |
| 2015-03-31 | 0.50 |
| 2014-12-31 | 0.46 |
| 2014-09-30 | 0.47 |
| 2014-06-30 | 0.28 |
| 2014-03-31 | 0.24 |
| 2013-12-31 | 0.40 |
| 2013-09-30 | 0.44 |
| 2013-06-30 | 0.22 |
| 2013-03-31 | 0.44 |
| 2012-12-31 | 0.33 |
| 2012-09-30 | 0.14 |
| 2012-06-30 | 0.15 |
| 2012-03-31 | 0.15 |
| 2011-12-31 | 0.32 |
| 2011-09-30 | 0.15 |
| 2011-06-30 | 0.18 |
| 2011-03-31 | 0.11 |
| 2010-12-31 | 0.28 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.09 |
| 2010-03-31 | 0.09 |
| 2009-12-31 | 0.34 |
| 2009-09-30 | 0.09 |
| 2009-06-30 | 0.10 |
| 2009-03-31 | 0.11 |
| 2008-12-31 | 0.27 |
| 2008-09-30 | 0.12 |
| 2008-06-30 | 0.10 |
| 2008-03-31 | 0.10 |
| 2007-12-31 | 0.14 |
| 2007-09-30 | 0.09 |
| 2007-06-30 | 0.11 |
| 2007-03-31 | 0.09 |
| 2006-12-31 | 0.17 |
| 2006-09-30 | 0.09 |
| 2006-06-30 | 0.09 |
| 2006-03-31 | 0.12 |
| 2005-12-31 | 0.17 |
| 2005-09-30 | 0.13 |
| 2005-06-30 | 0.12 |
| 2005-03-31 | 0.13 |
| 2004-12-31 | 0.15 |
| 2004-09-30 | 0.15 |
| 2004-06-30 | 0.13 |
| 2004-03-31 | 0.12 |
| 2003-12-31 | 0.08 |
| 2003-09-30 | 0.08 |
| 2003-06-30 | 0.08 |
| 2003-03-31 | 0.08 |
| 2002-12-31 | 0.08 |
| 2002-09-30 | 0.09 |