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 2.61 is 87% above its 2-year average of 1.40, near the high end of its 2-year range (0.00–2.61).
As of the fiscal period ended Tuesday, June 30, 2026. 16.99% above its 12-month average of 2.23.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.61
QUICK RATIO (ACID-TEST) AVG TTM
2.23
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
+16.99%
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 89 covered companies
CURRENT VS SECTOR MEDIAN
+115.82%
vs the sector median at left
Market Cap
$29.85B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
Market Cap
$30.21B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.39
3Y Avg
1.50
5Y Avg
1.54
Market Cap
$26.40B
Quick Ratio (Acid-Test)
1.53
TTM Avg
1.27
3Y Avg
1.23
5Y Avg
1.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $29.23B | 2.61 | 2.23 | N/A | N/A |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.85B | 0.72 | 0.86 | 0.82 | 0.76 |
| Waters Corporation (WAT)vs › | $30.21B | 1.29 | 1.39 | 1.50 | 1.54 |
| Centene Corp. (CNC)vs › | $30.66B | 1.15 | 1.40 | 1.24 | 1.19 |
| Zoetis Inc. (ZTS)vs › | $30.88B | 1.84 | 1.51 | 1.66 | 1.96 |
| Biogen Inc. (BIIB)vs › | $31.32B | 1.26 | 1.46 | 1.69 | 1.64 |
| DexCom, Inc. (DXCM)vs › | $31.59B | 1.43 | 1.44 | 1.80 | 2.83 |
| ResMed Inc. (RMD)vs › | $31.77B | 2.42 | 2.47 | 2.11 | 1.90 |
| Labcorp Holdings Inc. (LH)vs › | $26.40B | 1.53 | 1.27 | 1.23 | 1.37 |
| Mettler-Toledo International Inc. (MTD)vs › | $26.25B | 0.78 | 0.77 | 0.77 | 0.79 |
Quick Ratio
2.61
Excludes inventory
Current Ratio
4.33
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 | 2.61 |
| 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 |
