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 2.51 is 106% above its 2-year average of 1.22, near the high end of its 2-year range (0.00–2.51).
As of the fiscal period ended Tuesday, March 31, 2026. 17.58% above its 12-month average of 2.14.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.51
QUICK RATIO (ACID-TEST) AVG TTM
2.14
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+17.58%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+107.69%
vs the sector median at left
Market Cap
$34.72B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.79
3Y Avg
0.83
5Y Avg
0.90
Market Cap
$36.28B
Quick Ratio (Acid-Test)
2.71
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
Market Cap
$27.56B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $32.77B | 2.51 | 2.14 | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $31.59B | 1.94 | 1.51 | 1.66 | 1.96 |
| Centene Corp. (CNC)vs › | $31.31B | 1.68 | 1.40 | 1.24 | 1.19 |
| IQVIA Holdings Inc. (IQV)vs › | $34.72B | 0.75 | 0.79 | 0.83 | 0.90 |
| Biogen Inc. (BIIB)vs › | $29.85B | 2.03 | 1.46 | 1.69 | 1.64 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $36.28B | 2.71 | 2.71 | 2.94 | 3.33 |
| ResMed Inc. (RMD)vs › | $28.33B | 2.53 | 2.11 | 1.94 | 1.80 |
| DexCom, Inc. (DXCM)vs › | $27.61B | 1.59 | 1.44 | 1.80 | 2.83 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.56B | 0.93 | 0.86 | 0.82 | 0.76 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.82B | 0.81 | 0.77 | 0.77 | 0.79 |
Quick Ratio
2.51
Excludes inventory
Current Ratio
4.29
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 | 2.51 |
| 2025-12-31 | 2.37 |
| 2025-09-30 | 1.84 |
| 2025-06-30 | 1.82 |
| 2025-03-28 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |