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 1.12 is 10% below its 5-year average of 1.25, around the middle of its 5-year range (0.77–1.76).
As of the fiscal period ended Tuesday, March 31, 2026. 1.70% above its 12-month average of 1.10.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.12
QUICK RATIO (ACID-TEST) AVG TTM
1.10
QUICK RATIO (ACID-TEST) AVG 3Y
1.15
QUICK RATIO (ACID-TEST) AVG 5Y
1.25
QUICK RATIO (ACID-TEST) AVG 10Y
1.33
QUICK RATIO (ACID-TEST) AVG 15Y
1.33
QUICK RATIO (ACID-TEST) AVG 20Y
1.28
CURRENT VS TTM AVG
+1.70%
CURRENT VS 3Y AVG
-2.77%
CURRENT VS 5Y AVG
-10.26%
CURRENT VS 10Y AVG
-15.71%
CURRENT VS 15Y AVG
-15.67%
CURRENT VS 20Y AVG
-12.68%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.95
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+18.01%
vs the sector median at left
McDonald's Corporation
Market Cap
$192.29B
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.10
3Y Avg
1.15
5Y Avg
1.25
Market Cap
$173.81B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.59
3Y Avg
0.62
5Y Avg
0.71
Market Cap
$149.47B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.32
3Y Avg
1.45
5Y Avg
1.91
Market Cap
$126.06B
Quick Ratio (Acid-Test)
2.45
TTM Avg
2.33
3Y Avg
2.11
5Y Avg
1.99
Market Cap
$119.98B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.54
3Y Avg
0.55
5Y Avg
0.67
Market Cap
$116.57B
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.17
3Y Avg
0.16
5Y Avg
0.18
Market Cap
$108.29B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.51
3Y Avg
0.49
5Y Avg
0.57
Market Cap
$98.31B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.42
3Y Avg
0.43
5Y Avg
0.46
Market Cap
$95.21B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.17
3Y Avg
1.21
5Y Avg
1.28
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McDonald's Corporation (MCD) | $192.29B | 1.12 | 1.10 | 1.15 | 1.25 |
| The TJX Companies, Inc. (TJX)vs › | $173.81B | 0.59 | 0.59 | 0.62 | 0.71 |
| Booking Holdings Inc. (BKNG)vs › | $149.47B | 1.33 | 1.32 | 1.45 | 1.91 |
| PDD Holdings Inc. (PDD)vs › | $126.06B | 2.45 | 2.33 | 2.11 | 1.99 |
| Starbucks Corporation (SBUX)vs › | $119.98B | 0.51 | 0.54 | 0.55 | 0.67 |
| Lowe's Companies, Inc. (LOW)vs › | $116.57B | 0.19 | 0.17 | 0.16 | 0.18 |
| BYD Company Limited (BYDDY)vs › | $108.29B | 0.50 | 0.51 | 0.49 | 0.57 |
| Marriott International, Inc. (MAR)vs › | $98.31B | 0.43 | 0.42 | 0.43 | 0.46 |
| MercadoLibre, Inc. (MELI)vs › | $95.21B | 1.15 | 1.17 | 1.21 | 1.28 |
| Alibaba Group Holding Limited (BABA)vs › | $293.02B | 1.28 | 1.39 | 1.55 | 1.57 |
Quick Ratio
1.12
Excludes inventory
Current Ratio
0.95
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 | 1.12 |
| 2025-12-31 | 0.94 |
| 2025-09-30 | 0.99 |
| 2025-06-30 | 1.29 |
| 2025-03-31 | 1.17 |
| 2024-12-31 | 1.18 |
| 2024-09-30 | 0.77 |
| 2024-06-30 | 1.06 |
| 2024-03-31 | 0.82 |
| 2023-12-31 | 1.16 |
| 2023-09-30 | 1.70 |
| 2023-06-30 | 1.33 |
| 2023-03-31 | 1.46 |
| 2022-12-31 | 1.41 |
| 2022-09-30 | 1.63 |
| 2022-06-30 | 1.40 |
| 2022-03-31 | 1.09 |
| 2021-12-31 | 1.76 |
| 2021-09-30 | 1.32 |
| 2021-06-30 | 1.44 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 1.00 |
| 2020-09-30 | 1.07 |
| 2020-06-30 | 0.91 |
| 2020-03-31 | 1.89 |
| 2019-12-31 | 0.97 |
| 2019-09-30 | 0.83 |
| 2019-06-30 | 1.19 |
| 2019-03-31 | 1.46 |
| 2018-12-31 | 1.35 |
| 2018-09-30 | 1.52 |
| 2018-06-30 | 1.45 |
| 2018-03-31 | 1.72 |
| 2017-12-31 | 1.82 |
| 2017-09-30 | 1.27 |
| 2017-06-30 | 2.13 |
| 2017-03-31 | 1.82 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 0.94 |
| 2016-06-30 | 1.86 |
| 2016-03-31 | 1.73 |
| 2015-12-31 | 3.23 |
| 2015-09-30 | 1.49 |
| 2015-06-30 | 2.13 |
| 2015-03-31 | 1.27 |
| 2014-12-31 | 1.48 |
| 2014-09-30 | 1.22 |
| 2014-06-30 | 1.71 |
| 2014-03-31 | 1.53 |
| 2013-12-31 | 1.55 |
| 2013-09-30 | 1.21 |
| 2013-06-30 | 1.61 |
| 2013-03-31 | 1.35 |
| 2012-12-31 | 1.41 |
| 2012-09-30 | 0.99 |
| 2012-06-30 | 1.21 |
| 2012-03-31 | 1.14 |
| 2011-12-31 | 1.22 |
| 2011-09-30 | 0.85 |
| 2011-06-30 | 0.99 |
| 2011-03-31 | 0.87 |
| 2010-12-31 | 1.46 |
| 2010-09-30 | 1.25 |
| 2010-06-30 | 1.19 |
| 2010-03-31 | 1.31 |
| 2009-12-31 | 1.11 |
| 2009-09-30 | 0.99 |
| 2009-06-30 | 1.23 |
| 2009-03-31 | 1.51 |
| 2008-12-31 | 1.34 |
| 2008-09-30 | 0.94 |
| 2008-06-30 | 1.25 |
| 2008-03-31 | 1.14 |
| 2007-12-31 | 0.77 |
| 2007-09-30 | 1.03 |
| 2007-06-30 | 1.24 |
| 2007-03-31 | 1.22 |
| 2006-12-31 | 1.72 |
| 2006-09-30 | 1.24 |
| 2006-06-30 | 1.31 |
| 2006-03-31 | 1.39 |
| 2005-12-31 | 1.48 |
| 2005-09-30 | 0.89 |
| 2005-06-30 | 0.94 |
| 2005-03-31 | 1.00 |
| 2004-12-31 | 0.77 |
| 2004-09-30 | 0.94 |
| 2004-06-30 | 1.06 |
| 2004-03-31 | 0.83 |
| 2003-12-31 | 0.64 |
| 2003-09-30 | 0.69 |
| 2003-06-30 | 0.74 |
| 2003-03-31 | 0.75 |
| 2002-12-31 | 0.66 |
| 2002-09-30 | 0.90 |
| 2002-06-30 | 0.87 |
