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 1.19 is 25% below its 5-year average of 1.59, near the low end of its 5-year range (1.16–2.31).
As of the fiscal period ended Tuesday, June 30, 2026. 21.97% below its 12-month average of 1.53.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.19
QUICK RATIO (ACID-TEST) AVG TTM
1.53
QUICK RATIO (ACID-TEST) AVG 3Y
1.55
QUICK RATIO (ACID-TEST) AVG 5Y
1.55
QUICK RATIO (ACID-TEST) AVG 10Y
1.66
QUICK RATIO (ACID-TEST) AVG 15Y
1.93
QUICK RATIO (ACID-TEST) AVG 20Y
1.70
CURRENT VS TTM AVG
-21.97%
CURRENT VS 3Y AVG
-23.35%
CURRENT VS 5Y AVG
-23.38%
CURRENT VS 10Y AVG
-28.21%
CURRENT VS 15Y AVG
-38.41%
CURRENT VS 20Y AVG
-29.83%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+32.27%
vs the sector median at left
Moody's Corporation
Market Cap
$82.86B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.53
3Y Avg
1.55
5Y Avg
1.55
Market Cap
$79.83B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$85.99B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.00
3Y Avg
1.02
5Y Avg
1.01
Market Cap
$78.08B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.91
3Y Avg
1.11
5Y Avg
1.16
Market Cap
$77.82B
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.32
3Y Avg
1.41
5Y Avg
1.41
Market Cap
$77.28B
Quick Ratio (Acid-Test)
4.20
TTM Avg
2.54
3Y Avg
1.72
5Y Avg
1.66
Market Cap
$90.52B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.11
3Y Avg
1.10
5Y Avg
1.15
Market Cap
$91.07B
Quick Ratio (Acid-Test)
79.85
TTM Avg
41.98
3Y Avg
22.54
5Y Avg
15.67
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Moody's Corporation (MCO) | $82.86B | 1.19 | 1.53 | 1.55 | 1.55 |
| iShares Russell 2000 ETF (IWM)vs › | $79.83B | N/A | N/A | N/A | N/A |
| Intercontinental Exchange, Inc. (ICE)vs › | $85.99B | 1.02 | 1.00 | 1.02 | 1.01 |
| The Travelers Companies, Inc. (TRV)vs › | $78.08B | 0.55 | 0.91 | 1.11 | 1.16 |
| Robinhood Markets, Inc. (HOOD)vs › | $77.82B | 1.26 | 1.32 | 1.41 | 1.41 |
| Brookfield Asset Management Ltd. (BAM)vs › | $77.28B | 4.20 | 2.54 | 1.72 | 1.66 |
| Aon plc (AON)vs › | $76.48B | 1.11 | 1.06 | 1.04 | 1.04 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $90.52B | 1.10 | 1.11 | 1.10 | 1.15 |
| KKR & Co. Inc. (KKR)vs › | $91.07B | 79.85 | 41.98 | 22.54 | 15.67 |
| Apollo Global Management, Inc. (APO)vs › | $72.40B | 0.78 | 0.79 | 0.78 | 0.93 |
Quick Ratio
1.19
Excludes inventory
Current Ratio
1.74
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 | 1.19 |
| 2026-03-31 | 1.16 |
| 2025-12-31 | 1.74 |
| 2025-09-30 | 1.84 |
| 2025-06-30 | 1.70 |
| 2025-03-31 | 1.52 |
| 2024-12-31 | 1.43 |
| 2024-09-30 | 1.63 |
| 2024-06-30 | 1.48 |
| 2024-03-31 | 1.39 |
| 2023-12-31 | 1.69 |
| 2023-09-30 | 1.78 |
| 2023-06-30 | 1.65 |
| 2023-03-31 | 1.48 |
| 2022-12-31 | 1.72 |
| 2022-09-30 | 1.80 |
| 2022-06-30 | 1.39 |
| 2022-03-31 | 1.36 |
| 2021-12-31 | 1.61 |
| 2021-09-30 | 1.52 |
| 2021-06-30 | 2.31 |
| 2021-03-31 | 2.18 |
| 2020-12-31 | 2.03 |
| 2020-09-30 | 2.44 |
| 2020-06-30 | 2.10 |
| 2020-03-31 | 1.70 |
| 2019-12-31 | 1.92 |
| 2019-09-30 | 1.42 |
| 2019-06-30 | 1.71 |
| 2019-03-31 | 1.45 |
| 2018-12-31 | 1.61 |
| 2018-09-30 | 1.38 |
| 2018-06-30 | 1.54 |
| 2018-03-31 | 1.47 |
| 2017-12-31 | 1.24 |
| 2017-09-30 | 1.15 |
| 2017-06-30 | 3.69 |
| 2017-03-31 | 2.45 |
| 2016-12-31 | 1.34 |
| 2016-09-30 | 2.15 |
| 2016-06-30 | 2.53 |
| 2016-03-31 | 2.55 |
| 2015-12-31 | 2.51 |
| 2015-09-30 | 2.57 |
| 2015-06-30 | 2.58 |
| 2015-03-31 | 2.53 |
| 2014-12-31 | 2.10 |
| 2014-09-30 | 2.75 |
| 2014-06-30 | 2.51 |
| 2014-03-31 | 5.43 |
| 2013-12-31 | 2.48 |
| 2013-09-30 | 2.95 |
| 2013-06-30 | 2.53 |
| 2013-03-31 | 2.39 |
| 2012-12-31 | 2.07 |
| 2012-09-30 | 2.80 |
| 2012-06-30 | 2.06 |
| 2012-03-31 | 2.09 |
| 2011-12-31 | 1.12 |
| 2011-09-30 | 2.11 |
| 2011-06-30 | 2.39 |
| 2011-03-31 | 2.19 |
| 2010-12-31 | 1.26 |
| 2010-09-30 | 2.16 |
| 2010-06-30 | 1.23 |
| 2010-03-31 | 1.25 |
| 2009-12-31 | 0.78 |
| 2009-09-30 | 1.06 |
| 2009-06-30 | 1.00 |
| 2009-03-31 | 0.62 |
| 2008-12-31 | 0.56 |
| 2008-09-30 | 0.71 |
| 2008-06-30 | 0.76 |
| 2008-03-31 | 0.62 |
| 2007-12-31 | 0.73 |
| 2007-09-30 | 0.80 |
| 2007-06-30 | 0.84 |
| 2007-03-31 | 1.14 |
| 2006-12-31 | 1.43 |
| 2006-09-30 | 1.29 |
| 2006-06-30 | 1.29 |
| 2006-03-31 | 1.93 |
| 2005-12-31 | 1.82 |
| 2005-09-30 | 2.37 |
| 2005-06-30 | 1.63 |
| 2005-03-31 | 1.44 |
| 2004-12-31 | 1.22 |
| 2004-09-30 | 1.68 |
| 2004-06-30 | 1.52 |
| 2004-03-31 | 1.65 |
| 2003-12-31 | 1.32 |
| 2003-09-30 | 1.22 |
| 2003-06-30 | 1.05 |
| 2003-03-31 | 0.73 |
| 2002-12-31 | 0.59 |
| 2002-09-30 | 0.87 |
