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 0.49 is in line with its 5-year average of 0.52, near the low end of its 5-year range (0.47–0.59).
As of the fiscal period ended Tuesday, March 31, 2026. 0.98% below its 12-month average of 0.50.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.49
QUICK RATIO (ACID-TEST) AVG TTM
0.50
QUICK RATIO (ACID-TEST) AVG 3Y
0.50
QUICK RATIO (ACID-TEST) AVG 5Y
0.52
QUICK RATIO (ACID-TEST) AVG 10Y
0.55
QUICK RATIO (ACID-TEST) AVG 15Y
0.59
QUICK RATIO (ACID-TEST) AVG 20Y
0.60
CURRENT VS TTM AVG
-0.98%
CURRENT VS 3Y AVG
-1.06%
CURRENT VS 5Y AVG
-5.21%
CURRENT VS 10Y AVG
-10.86%
CURRENT VS 15Y AVG
-16.32%
CURRENT VS 20Y AVG
-18.33%
SECTOR MEDIAN · HEALTHCARE
1.25
median of 69 covered companies
CURRENT VS SECTOR MEDIAN
-60.60%
vs the sector median at left
McKesson Corporation
Market Cap
$97.23B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.50
3Y Avg
0.50
5Y Avg
0.52
Market Cap
$86.76B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.85
3Y Avg
0.97
5Y Avg
1.05
Market Cap
$81.98B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.17
3Y Avg
1.08
5Y Avg
1.07
Market Cap
$78.36B
Quick Ratio (Acid-Test)
26.94
TTM Avg
3.67
3Y Avg
4.14
5Y Avg
3.76
Market Cap
$72.97B
Quick Ratio (Acid-Test)
1.22
TTM Avg
0.86
3Y Avg
0.89
5Y Avg
1.02
Market Cap
$121.50B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
Market Cap
$72.42B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.72
3Y Avg
0.68
5Y Avg
0.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McKesson Corporation (MCK) | $97.23B | 0.49 | 0.50 | 0.50 | 0.52 |
| GSK plc (GSK)vs › | $103.24B | 0.52 | 0.53 | 0.59 | 0.59 |
| HCA Healthcare, Inc. (HCA)vs › | $86.76B | 0.69 | 0.85 | 0.97 | 1.05 |
| Medtronic plc (MDT)vs › | $110.34B | 1.62 | 1.52 | 1.60 | 1.67 |
| Elevance Health Inc. (ELV)vs › | $81.98B | N/A | 1.17 | 1.08 | 1.07 |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $78.36B | 26.94 | 3.67 | 4.14 | 3.76 |
| Boston Scientific Corporation (BSX)vs › | $72.97B | 1.22 | 0.86 | 0.89 | 1.02 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $121.50B | 2.74 | 2.41 | 3.31 | 3.62 |
| Cigna Corporation (CI)vs › | $72.42B | 0.74 | 0.72 | 0.68 | 0.69 |
| Stryker Corporation (SYK)vs › | $128.79B | 1.33 | 1.27 | 1.13 | 1.20 |
Quick Ratio
0.49
Excludes inventory
Current Ratio
0.85
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 | 0.49 |
| 2025-12-31 | 0.48 |
| 2025-09-30 | 0.50 |
| 2025-06-30 | 0.49 |
| 2025-03-31 | 0.53 |
| 2024-12-31 | 0.48 |
| 2024-09-30 | 0.50 |
| 2024-06-30 | 0.47 |
| 2024-03-31 | 0.51 |
| 2023-12-31 | 0.50 |
| 2023-09-30 | 0.50 |
| 2023-06-30 | 0.52 |
| 2023-03-31 | 0.51 |
| 2022-12-31 | 0.50 |
| 2022-09-30 | 0.55 |
| 2022-06-30 | 0.55 |
| 2022-03-31 | 0.57 |
| 2021-12-31 | 0.58 |
| 2021-09-30 | 0.57 |
| 2021-06-30 | 0.53 |
| 2021-03-31 | 0.59 |
| 2020-12-31 | 0.55 |
| 2020-09-30 | 0.56 |
| 2020-06-30 | 0.57 |
| 2020-03-31 | 0.60 |
| 2019-12-31 | 0.56 |
| 2019-09-30 | 0.57 |
| 2019-06-30 | 0.58 |
| 2019-03-31 | 0.58 |
| 2018-12-31 | 0.57 |
| 2018-09-30 | 0.56 |
| 2018-06-30 | 0.57 |
| 2018-03-31 | 0.57 |
| 2017-12-31 | 0.61 |
| 2017-09-30 | 0.61 |
| 2017-06-30 | 0.62 |
| 2017-03-31 | 0.61 |
| 2016-12-31 | 0.61 |
| 2016-09-30 | 0.70 |
| 2016-06-30 | 0.64 |
| 2016-03-31 | 0.66 |
| 2015-12-31 | 0.63 |
| 2015-09-30 | 0.67 |
| 2015-06-30 | 0.68 |
| 2015-03-31 | 0.67 |
| 2014-12-31 | 0.66 |
| 2014-09-30 | 0.68 |
| 2014-06-30 | 0.68 |
| 2014-03-31 | 0.65 |
| 2013-12-31 | 0.63 |
| 2013-09-30 | 0.66 |
| 2013-06-30 | 0.64 |
| 2013-03-31 | 0.60 |
| 2012-12-31 | 0.65 |
| 2012-09-30 | 0.63 |
| 2012-06-30 | 0.60 |
| 2012-03-31 | 0.62 |
| 2011-12-31 | 0.69 |
| 2011-09-30 | 0.70 |
| 2011-06-30 | 0.67 |
| 2011-03-31 | 0.70 |
| 2010-12-31 | 0.62 |
| 2010-09-30 | 0.70 |
| 2010-06-30 | 0.67 |
| 2010-03-31 | 0.71 |
| 2009-12-31 | 0.71 |
| 2009-09-30 | 0.69 |
| 2009-06-30 | 0.66 |
| 2009-03-31 | 0.65 |
| 2008-12-31 | 0.56 |
| 2008-09-30 | 0.55 |
| 2008-06-30 | 0.55 |
| 2008-03-31 | 0.57 |
| 2007-12-31 | 0.58 |
| 2007-09-30 | 0.67 |
| 2007-06-30 | 0.68 |
| 2007-03-31 | 0.64 |
| 2006-12-31 | 0.66 |
| 2006-09-30 | 0.68 |
| 2006-06-30 | 0.68 |
| 2006-03-31 | 0.71 |
| 2005-12-31 | 0.66 |
| 2005-09-30 | 0.70 |
| 2005-06-30 | 0.72 |
| 2005-03-31 | 0.66 |
| 2004-12-31 | 0.58 |
| 2004-09-30 | 0.62 |
| 2004-06-30 | 0.64 |
| 2004-03-31 | 0.66 |
| 2003-12-31 | 0.63 |
| 2003-09-30 | 0.62 |
| 2003-06-30 | 0.69 |
| 2003-03-31 | 0.66 |
| 2002-12-31 | 0.55 |
| 2002-09-30 | 0.62 |
| 2002-06-30 | 0.61 |