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 2.03 is 20% above its 5-year average of 1.69, near the high end of its 5-year range (1.25–2.11).
As of the fiscal period ended Tuesday, June 30, 2026. 3.56% above its 12-month average of 1.96.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.03
QUICK RATIO (ACID-TEST) AVG TTM
1.96
QUICK RATIO (ACID-TEST) AVG 3Y
1.67
QUICK RATIO (ACID-TEST) AVG 5Y
1.69
QUICK RATIO (ACID-TEST) AVG 10Y
2.04
QUICK RATIO (ACID-TEST) AVG 15Y
2.67
QUICK RATIO (ACID-TEST) AVG 20Y
2.75
CURRENT VS TTM AVG
+3.56%
CURRENT VS 3Y AVG
+21.30%
CURRENT VS 5Y AVG
+20.34%
CURRENT VS 10Y AVG
-0.61%
CURRENT VS 15Y AVG
-23.90%
CURRENT VS 20Y AVG
-26.31%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+27.59%
vs the sector median at left
KLA Corporation
Market Cap
$240.04B
Quick Ratio (Acid-Test)
2.03
TTM Avg
1.96
3Y Avg
1.67
5Y Avg
1.69
Market Cap
$238.21B
Quick Ratio (Acid-Test)
3.44
TTM Avg
2.85
3Y Avg
3.21
5Y Avg
3.48
Market Cap
$247.44B
Quick Ratio (Acid-Test)
2.59
TTM Avg
3.16
3Y Avg
3.24
5Y Avg
3.52
Market Cap
$217.69B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.95
3Y Avg
0.92
5Y Avg
0.91
Market Cap
$214.33B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
Market Cap
$267.31B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.81
3Y Avg
1.56
5Y Avg
1.24
Market Cap
$211.10B
Quick Ratio (Acid-Test)
2.62
TTM Avg
1.31
3Y Avg
1.19
5Y Avg
1.21
Market Cap
$206.76B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.91
3Y Avg
0.98
5Y Avg
1.04
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| KLA Corporation (KLAC) | $240.04B | 2.03 | 1.96 | 1.67 | 1.69 |
| Texas Instruments Incorporated (TXN)vs › | $238.21B | 3.44 | 2.85 | 3.21 | 3.48 |
| Arista Networks, Inc. (ANET)vs › | $247.44B | 2.59 | 3.16 | 3.24 | 3.52 |
| SAP SE (SAP)vs › | $247.72B | 1.15 | 1.15 | 1.19 | 1.19 |
| International Business Machines Corporation (IBM)vs › | $217.69B | 0.74 | 0.95 | 0.92 | 0.91 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $214.33B | N/A | 1.72 | 1.69 | 1.84 |
| Sandisk Corporation (SNDK)vs › | $267.31B | 1.81 | 1.81 | 1.56 | 1.24 |
| Marvell Technology, Inc. (MRVL)vs › | $211.10B | 2.62 | 1.31 | 1.19 | 1.21 |
| Salesforce, Inc. (CRM)vs › | $206.76B | 0.84 | 0.91 | 0.98 | 1.04 |
| Palo Alto Networks, Inc. (PANW)vs › | $273.82B | 0.87 | 0.88 | 0.86 | 0.85 |
Quick Ratio
2.03
Excludes inventory
Current Ratio
2.88
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 | 2.03 |
| 2026-03-31 | 2.11 |
| 2025-12-31 | 1.95 |
| 2025-09-30 | 1.88 |
| 2025-06-30 | 1.83 |
| 2025-03-31 | 1.74 |
| 2024-12-31 | 1.63 |
| 2024-09-30 | 1.48 |
| 2024-06-30 | 1.50 |
| 2024-03-31 | 1.46 |
| 2023-12-31 | 1.25 |
| 2023-09-30 | 1.42 |
| 2023-06-30 | 1.47 |
| 2023-03-31 | 1.54 |
| 2022-12-31 | 1.61 |
| 2022-09-30 | 1.67 |
| 2022-06-30 | 1.75 |
| 2022-03-31 | 1.63 |
| 2021-12-31 | 1.76 |
| 2021-09-30 | 1.76 |
| 2021-06-30 | 1.96 |
| 2021-03-31 | 1.95 |
| 2020-12-31 | 1.88 |
| 2020-09-30 | 1.92 |
| 2020-06-30 | 2.01 |
| 2020-03-31 | 1.85 |
| 2019-12-31 | 1.82 |
| 2019-09-30 | 1.60 |
| 2019-06-30 | 1.73 |
| 2019-03-31 | 1.84 |
| 2018-12-31 | 2.35 |
| 2018-09-30 | 2.69 |
| 2018-06-30 | 2.97 |
| 2018-03-31 | 3.07 |
| 2017-12-31 | 3.06 |
| 2017-09-30 | 2.59 |
| 2017-06-30 | 2.83 |
| 2017-03-31 | 2.85 |
| 2016-12-31 | 2.83 |
| 2016-09-30 | 3.31 |
| 2016-06-30 | 3.16 |
| 2016-03-31 | 3.19 |
| 2015-12-31 | 3.49 |
| 2015-09-30 | 3.31 |
| 2015-06-30 | 3.28 |
| 2015-03-31 | 3.41 |
| 2014-12-31 | 3.59 |
| 2014-09-30 | 4.59 |
| 2014-06-30 | 4.39 |
| 2014-03-31 | 4.35 |
| 2013-12-31 | 4.14 |
| 2013-09-30 | 4.42 |
| 2013-06-30 | 4.31 |
| 2013-03-31 | 4.41 |
| 2012-12-31 | 4.44 |
| 2012-09-30 | 4.38 |
| 2012-06-30 | 4.07 |
| 2012-03-31 | 3.83 |
| 2011-12-31 | 3.75 |
| 2011-09-30 | 4.06 |
| 2011-06-30 | 3.51 |
| 2011-03-31 | 3.35 |
| 2010-12-31 | 3.30 |
| 2010-09-30 | 3.23 |
| 2010-06-30 | 3.15 |
| 2010-03-31 | 3.35 |
| 2009-12-31 | 3.65 |
| 2009-09-30 | 3.53 |
| 2009-06-30 | 3.60 |
| 2009-03-31 | 3.28 |
| 2008-12-31 | 3.01 |
| 2008-09-30 | 2.74 |
| 2008-06-30 | 2.71 |
| 2008-03-31 | 2.37 |
| 2007-12-31 | 2.48 |
| 2007-09-30 | 2.41 |
| 2007-06-30 | 2.53 |
| 2007-03-31 | 2.35 |
| 2006-12-31 | 2.90 |
| 2006-09-30 | 3.35 |
| 2006-06-30 | 3.09 |
| 2006-03-31 | 3.30 |
| 2005-12-31 | 3.42 |
| 2005-09-30 | 3.30 |
| 2005-06-30 | 3.05 |
| 2005-03-31 | 2.98 |
| 2004-12-31 | 2.30 |
| 2004-09-30 | 2.15 |
| 2004-06-30 | 2.03 |
| 2004-03-31 | 2.29 |
| 2003-12-31 | 2.49 |
| 2003-09-30 | 2.46 |
| 2003-06-30 | 2.38 |
| 2003-03-31 | 2.28 |
| 2002-12-31 | 2.18 |
| 2002-09-30 | 2.05 |