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 0.30 is 27% below its 5-year average of 0.42, near the low end of its 5-year range (0.21–0.70).
As of the fiscal period ended Tuesday, June 30, 2026. 21.52% below its 12-month average of 0.39.
Reported quarterly quick ratio; no daily interpolation. Quarter ended Jun 2026 (2026-06-30): 0.30.
QUICK RATIO (ACID-TEST)
0.30
QUICK RATIO (ACID-TEST) AVG TTM
0.39
QUICK RATIO (ACID-TEST) AVG 3Y
0.36
QUICK RATIO (ACID-TEST) AVG 5Y
0.42
QUICK RATIO (ACID-TEST) AVG 10Y
0.43
QUICK RATIO (ACID-TEST) AVG 15Y
0.49
QUICK RATIO (ACID-TEST) AVG 20Y
0.51
CURRENT VS TTM AVG
-21.52%
CURRENT VS 3Y AVG
-14.61%
CURRENT VS 5Y AVG
-27.23%
CURRENT VS 10Y AVG
-29.40%
CURRENT VS 15Y AVG
-37.88%
CURRENT VS 20Y AVG
-39.76%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.63
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-51.26%
vs the sector median at left
Altria Group, Inc.
Market Cap
$113.38B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.39
3Y Avg
0.36
5Y Avg
0.42
Market Cap
$117.19B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.54
3Y Avg
0.56
5Y Avg
0.54
Market Cap
$83.80B
Quick Ratio (Acid-Test)
3.22
TTM Avg
2.90
3Y Avg
3.40
5Y Avg
3.60
Market Cap
$79.67B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.43
3Y Avg
0.43
5Y Avg
0.45
Market Cap
$153.58B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.55
3Y Avg
0.52
5Y Avg
0.55
Market Cap
$71.54B
Quick Ratio (Acid-Test)
0.36
TTM Avg
0.34
3Y Avg
0.32
5Y Avg
0.31
Market Cap
$70.44B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.61
3Y Avg
0.67
5Y Avg
0.66
Market Cap
$46.01B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.61
3Y Avg
0.66
5Y Avg
0.70
Market Cap
$43.65B
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.38
3Y Avg
0.33
5Y Avg
0.31
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Altria Group, Inc. (MO) | $113.38B | 0.30 | 0.39 | 0.36 | 0.42 |
| British American Tobacco p.l.c. (BTI)vs › | $117.19B | 0.50 | 0.54 | 0.56 | 0.54 |
| Monster Beverage Corporation (MNST)vs › | $83.80B | 3.22 | 2.90 | 3.40 | 3.60 |
| Mondelez International, Inc. (MDLZ)vs › | $79.67B | 0.40 | 0.43 | 0.43 | 0.45 |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $153.58B | 0.50 | 0.55 | 0.52 | 0.55 |
| Target Corporation (TGT)vs › | $71.54B | 0.36 | 0.34 | 0.32 | 0.31 |
| Colgate-Palmolive Company (CL)vs › | $70.44B | 0.67 | 0.61 | 0.67 | 0.66 |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $46.01B | 0.68 | 0.61 | 0.66 | 0.70 |
| Keurig Dr Pepper Inc. (KDP)vs › | $43.65B | 0.28 | 0.38 | 0.33 | 0.31 |
| Archer-Daniels-Midland Company (ADM)vs › | $41.71B | 0.86 | 0.82 | 0.86 | 0.85 |
Quick Ratio
0.30
Excludes inventory
Current Ratio
0.44
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 | 0.30 |
| 2026-03-31 | 0.42 |
| 2025-12-31 | 0.49 |
| 2025-09-30 | 0.49 |
| 2025-06-30 | 0.24 |
| 2025-03-31 | 0.47 |
| 2024-12-31 | 0.39 |
| 2024-09-30 | 0.30 |
| 2024-06-30 | 0.30 |
| 2024-03-31 | 0.36 |
| 2023-12-31 | 0.39 |
| 2023-09-30 | 0.21 |
| 2023-06-30 | 0.27 |
| 2023-03-31 | 0.65 |
| 2022-12-31 | 0.70 |
| 2022-09-30 | 0.36 |
| 2022-06-30 | 0.35 |
| 2022-03-31 | 0.51 |
| 2021-12-31 | 0.57 |
| 2021-09-30 | 0.60 |
| 2021-06-30 | 0.41 |
| 2021-03-31 | 0.61 |
| 2020-12-31 | 0.57 |
| 2020-09-30 | 0.55 |
| 2020-06-30 | 0.54 |
| 2020-03-31 | 0.53 |
| 2019-12-31 | 0.31 |
| 2019-09-30 | 0.27 |
| 2019-06-30 | 0.28 |
| 2019-03-31 | 0.39 |
| 2018-12-31 | 0.09 |
| 2018-09-30 | 0.36 |
| 2018-06-30 | 0.31 |
| 2018-03-31 | 0.34 |
| 2017-12-31 | 0.31 |
| 2017-09-30 | 0.48 |
| 2017-06-30 | 0.47 |
| 2017-03-31 | 0.66 |
| 2016-12-31 | 0.71 |
| 2016-09-30 | 0.64 |
| 2016-06-30 | 0.48 |
| 2016-03-31 | 0.63 |
| 2015-12-31 | 0.57 |
| 2015-09-30 | 0.54 |
| 2015-06-30 | 0.43 |
| 2015-03-31 | 0.58 |
| 2014-12-31 | 0.63 |
| 2014-09-30 | 0.51 |
| 2014-06-30 | 0.52 |
| 2014-03-31 | 0.66 |
| 2013-12-31 | 0.67 |
| 2013-09-30 | 0.70 |
| 2013-06-30 | 0.59 |
| 2013-03-31 | 0.56 |
| 2012-12-31 | 0.55 |
| 2012-09-30 | 0.68 |
| 2012-06-30 | 0.57 |
| 2012-03-31 | 0.69 |
| 2011-12-31 | 0.70 |
| 2011-09-30 | 0.71 |
| 2011-06-30 | 0.73 |
| 2011-03-31 | 0.65 |
| 2010-12-31 | 0.61 |
| 2010-09-30 | 0.61 |
| 2010-06-30 | 0.54 |
| 2010-03-31 | 0.58 |
| 2009-12-31 | 0.50 |
| 2009-09-30 | 0.45 |
| 2009-06-30 | 0.43 |
| 2009-03-31 | 0.63 |
| 2008-12-31 | 1.40 |
| 2008-09-30 | 0.43 |
| 2008-06-30 | 0.35 |
| 2008-03-31 | 0.66 |
| 2007-12-31 | 0.66 |
| 2007-09-30 | 0.62 |
| 2007-06-30 | 0.60 |
| 2007-03-31 | 0.57 |
| 2006-12-31 | 0.55 |
| 2006-09-30 | 0.53 |
| 2006-06-30 | 0.57 |
| 2006-03-31 | 0.45 |
| 2005-12-31 | 0.58 |
| 2005-09-30 | 0.58 |
| 2005-06-30 | 0.59 |
| 2005-03-31 | 0.60 |
| 2004-12-31 | 0.67 |
| 2004-09-30 | 0.64 |
| 2004-06-30 | 0.61 |
| 2004-03-31 | 0.57 |
| 2003-12-31 | 0.55 |
| 2003-09-30 | 0.59 |
| 2003-06-30 | 0.54 |
| 2003-03-31 | 0.49 |
| 2002-12-31 | 0.44 |
| 2002-09-30 | 0.40 |