Basis: Latest reported fiscal year. 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 2.42 is 39% above its 5-year average of 1.74, near the high end of its 5-year range (1.56–2.42).
As of the fiscal period ended Wednesday, December 31, 2025. 19.80% above its 12-month average of 2.02.
Annual fiscal-year quick ratio; no daily interpolation. Historical series through 2025-12-31.
QUICK RATIO (ACID-TEST)
2.42
QUICK RATIO (ACID-TEST) AVG TTM
2.02
QUICK RATIO (ACID-TEST) AVG 3Y
1.81
QUICK RATIO (ACID-TEST) AVG 5Y
1.74
QUICK RATIO (ACID-TEST) AVG 10Y
1.68
QUICK RATIO (ACID-TEST) AVG 15Y
1.61
QUICK RATIO (ACID-TEST) AVG 20Y
1.57
CURRENT VS TTM AVG
+19.80%
CURRENT VS 3Y AVG
+34.07%
CURRENT VS 5Y AVG
+39.48%
CURRENT VS 10Y AVG
+43.81%
CURRENT VS 15Y AVG
+50.51%
CURRENT VS 20Y AVG
+53.74%
SECTOR MEDIAN · FINANCIAL SERVICES
1.22
median of 113 covered companies
CURRENT VS SECTOR MEDIAN
+98.36%
vs the sector median at left
LPL Financial Holdings Inc.
Market Cap
$25.34B
Quick Ratio (Acid-Test)
2.42
TTM Avg
2.02
3Y Avg
1.81
5Y Avg
1.74
Market Cap
$25.69B
Quick Ratio (Acid-Test)
1.37
TTM Avg
1.38
3Y Avg
1.36
5Y Avg
1.37
Market Cap
$24.85B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.30
3Y Avg
1.28
5Y Avg
1.30
Market Cap
$23.97B
Quick Ratio (Acid-Test)
0.30
TTM Avg
4.22
3Y Avg
4.60
5Y Avg
172.74
Market Cap
$26.76B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.20
3Y Avg
1.13
5Y Avg
1.14
Market Cap
$27.17B
Quick Ratio (Acid-Test)
11.01
TTM Avg
0.65
3Y Avg
0.43
5Y Avg
0.37
Market Cap
$23.41B
Quick Ratio (Acid-Test)
3.72
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.22
Market Cap
$23.14B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.29
3Y Avg
0.29
5Y Avg
0.32
Market Cap
$22.40B
Quick Ratio (Acid-Test)
2.18
TTM Avg
40.55
3Y Avg
23.13
5Y Avg
18.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LPL Financial Holdings Inc. (LPLA) | $25.34B | 2.42 | 2.02 | 1.81 | 1.74 |
| W. R. Berkley Corporation (WRB)vs › | $25.69B | 1.37 | 1.38 | 1.36 | 1.37 |
| Cincinnati Financial Corporation (CINF)vs › | $24.85B | 1.90 | 1.30 | 1.28 | 1.30 |
| Principal Financial Group, Inc. (PFG)vs › | $23.97B | 0.30 | 4.22 | 4.60 | 172.74 |
| Willis Towers Watson Public Limited Company (WTW)vs › | $26.76B | 1.10 | 1.20 | 1.13 | 1.14 |
| Citizens Financial Group, Inc. (CFG)vs › | $27.17B | 11.01 | 0.65 | 0.43 | 0.37 |
| Synchrony Financial (SYF)vs › | $23.41B | 3.72 | 0.21 | 0.21 | 0.22 |
| Regions Financial Corporation (RF)vs › | $23.14B | 0.33 | 0.29 | 0.29 | 0.32 |
| T. Rowe Price Group, Inc. (TROW)vs › | $22.40B | 2.18 | 40.55 | 23.13 | 18.11 |
| Cboe Global Markets, Inc. (CBOE)vs › | $28.34B | 1.57 | 1.83 | 1.53 | 1.44 |
Quick Ratio
2.42
Excludes inventory
Current Ratio
2.42
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) |
|---|---|
| 2025-12-31 | 2.42 |
| 2024-12-31 | 1.62 |
| 2023-12-31 | 1.60 |
| 2022-12-31 | 1.58 |
| 2021-12-31 | 1.63 |
| 2020-12-31 | 1.56 |
| 2019-12-31 | 1.52 |
| 2018-12-31 | 1.59 |
| 2017-12-31 | 1.65 |
| 2016-12-31 | 1.69 |
| 2015-12-31 | 1.65 |
| 2014-12-31 | 1.46 |
| 2013-12-31 | 1.49 |
| 2012-12-31 | 1.29 |
| 2011-12-31 | 1.76 |
| 2010-12-31 | 1.71 |
| 2009-12-31 | 1.35 |
| 2008-12-31 | 1.18 |
| 2007-12-31 | 1.16 |
| 2006-12-31 | 1.61 |