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 0.39 is 27% above its 5-year average of 0.30, near the high end of its 5-year range (0.25–0.39).
As of the fiscal period ended Sunday, May 31, 2026. 21.63% above its 12-month average of 0.32.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-05-31): 0.39.
QUICK RATIO (ACID-TEST)
0.39
QUICK RATIO (ACID-TEST) AVG TTM
0.32
QUICK RATIO (ACID-TEST) AVG 3Y
0.30
QUICK RATIO (ACID-TEST) AVG 5Y
0.30
QUICK RATIO (ACID-TEST) AVG 10Y
0.34
QUICK RATIO (ACID-TEST) AVG 15Y
0.43
QUICK RATIO (ACID-TEST) AVG 20Y
0.47
CURRENT VS TTM AVG
+21.63%
CURRENT VS 3Y AVG
+29.37%
CURRENT VS 5Y AVG
+26.73%
CURRENT VS 10Y AVG
+12.67%
CURRENT VS 15Y AVG
-9.54%
CURRENT VS 20Y AVG
-18.20%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.63
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-38.17%
vs the sector median at left
McCormick & Company, Incorporated
Market Cap
$13.53B
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.32
3Y Avg
0.30
5Y Avg
0.30
Market Cap
$13.24B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.34
3Y Avg
0.47
5Y Avg
0.45
Market Cap
$12.23B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.37
3Y Avg
1.27
5Y Avg
1.56
Market Cap
$11.45B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.19
3Y Avg
1.10
5Y Avg
1.20
Market Cap
$10.26B
Quick Ratio (Acid-Test)
0.38
TTM Avg
0.47
3Y Avg
0.54
5Y Avg
0.54
Market Cap
$18.54B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.80
3Y Avg
0.73
5Y Avg
0.77
Market Cap
$7.85B
Quick Ratio (Acid-Test)
1.34
TTM Avg
1.34
3Y Avg
1.17
5Y Avg
1.17
Market Cap
$19.68B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.40
3Y Avg
0.40
5Y Avg
0.40
Market Cap
$7.35B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.56
3Y Avg
0.54
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McCormick & Company, Incorporated (MKC) | $13.53B | 0.39 | 0.32 | 0.30 | 0.30 |
| The J. M. Smucker Company (SJM)vs › | $13.24B | 0.35 | 0.34 | 0.47 | 0.45 |
| Brown-Forman Corporation (BF-B)vs › | $12.23B | 1.14 | 1.37 | 1.27 | 1.56 |
| Hormel Foods Corporation (HRL)vs › | $11.45B | 0.92 | 1.19 | 1.10 | 1.20 |
| The Clorox Company (CLX)vs › | $10.26B | 0.38 | 0.47 | 0.54 | 0.54 |
| Tyson Foods, Inc. (TSN)vs › | $18.54B | 0.55 | 0.80 | 0.73 | 0.77 |
| Smithfield Foods, Inc. (SFD)vs › | $7.85B | 1.34 | 1.34 | 1.17 | 1.17 |
| General Mills, Inc. (GIS)vs › | $19.68B | 0.40 | 0.40 | 0.40 | 0.40 |
| Molson Coors Beverage Company (TAP)vs › | $7.35B | 0.72 | 0.56 | 0.54 | 0.53 |
| Conagra Brands, Inc. (CAG)vs › | $7.26B | 0.31 | 0.31 | 0.30 | 0.29 |
Quick Ratio
0.39
Excludes inventory
Current Ratio
0.78
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) |
|---|---|
| 2026-05-31 | 0.39 |
| 2026-02-28 | 0.36 |
| 2025-11-30 | 0.28 |
| 2025-08-31 | 0.29 |
| 2025-05-31 | 0.27 |
| 2025-02-28 | 0.25 |
| 2024-11-30 | 0.31 |
| 2024-08-31 | 0.32 |
| 2024-05-31 | 0.31 |
| 2024-02-29 | 0.30 |
| 2023-11-30 | 0.28 |
| 2023-08-31 | 0.28 |
| 2023-05-31 | 0.33 |
| 2023-02-28 | 0.32 |
| 2022-11-30 | 0.30 |
| 2022-08-31 | 0.33 |
| 2022-05-31 | 0.31 |
| 2022-02-28 | 0.32 |
| 2021-11-30 | 0.31 |
| 2021-08-31 | 0.30 |
| 2021-05-31 | 0.38 |
| 2021-02-28 | 0.36 |
| 2020-11-30 | 0.34 |
| 2020-08-31 | 0.42 |
| 2020-05-31 | 0.50 |
| 2020-02-29 | 0.33 |
| 2019-11-30 | 0.35 |
| 2019-08-31 | 0.37 |
| 2019-05-31 | 0.35 |
| 2019-02-28 | 0.34 |
| 2018-11-30 | 0.35 |
| 2018-08-31 | 0.36 |
| 2018-05-31 | 0.42 |
| 2018-02-28 | 0.42 |
| 2017-11-30 | 0.42 |
| 2017-08-31 | 0.47 |
| 2017-05-31 | 0.36 |
| 2017-02-28 | 0.36 |
| 2016-11-30 | 0.47 |
| 2016-08-31 | 0.53 |
| 2016-05-31 | 0.52 |
| 2016-02-29 | 0.55 |
| 2015-11-30 | 0.52 |
| 2015-08-31 | 0.46 |
| 2015-05-31 | 0.46 |
| 2015-02-28 | 0.49 |
| 2014-11-30 | 0.63 |
| 2014-08-31 | 0.65 |
| 2014-05-31 | 0.64 |
| 2014-02-28 | 0.65 |
| 2013-11-30 | 0.65 |
| 2013-08-31 | 0.69 |
| 2013-05-31 | 0.49 |
| 2013-02-28 | 0.54 |
| 2012-11-30 | 0.56 |
| 2012-08-31 | 0.65 |
| 2012-05-31 | 0.62 |
| 2012-02-29 | 0.58 |
| 2011-11-30 | 0.61 |
| 2011-08-31 | 0.88 |
| 2011-05-31 | 0.59 |
| 2011-02-28 | 0.58 |
| 2010-11-30 | 0.64 |
| 2010-08-31 | 0.60 |
| 2010-05-31 | 0.65 |
| 2010-02-28 | 0.65 |
| 2009-11-30 | 0.63 |
| 2009-08-31 | 0.55 |
| 2009-05-31 | 0.51 |
| 2009-02-28 | 0.51 |
| 2008-11-30 | 0.51 |
| 2008-08-31 | 0.49 |
| 2008-05-31 | 0.69 |
| 2008-02-29 | 0.68 |
| 2007-11-30 | 0.64 |
| 2007-08-31 | 0.50 |
| 2007-05-31 | 0.51 |
| 2007-02-28 | 0.53 |
| 2006-11-30 | 0.63 |
| 2006-08-31 | 0.60 |
| 2006-05-31 | 0.64 |
| 2006-02-28 | 0.63 |
| 2005-11-30 | 0.65 |
| 2005-08-31 | 0.46 |
| 2005-05-31 | 0.45 |
| 2005-02-28 | 0.50 |
| 2004-11-30 | 0.67 |
| 2004-08-31 | 0.64 |
| 2004-05-31 | 0.60 |
| 2004-02-29 | 0.59 |
| 2003-11-30 | 0.56 |
| 2003-08-31 | 0.50 |
| 2003-05-31 | 0.62 |
| 2003-02-28 | 0.54 |
| 2002-11-30 | 0.65 |
| 2002-08-31 | 0.48 |
