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 8.56 is 25% below its 5-year average of 11.35, near the low end of its 5-year range (3.12–24.76).
As of the fiscal period ended Tuesday, June 30, 2026. 31.98% above its 12-month average of 6.49.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.56.
QUICK RATIO (ACID-TEST)
8.56
QUICK RATIO (ACID-TEST) AVG TTM
6.49
QUICK RATIO (ACID-TEST) AVG 3Y
7.02
QUICK RATIO (ACID-TEST) AVG 5Y
11.35
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
+31.98%
CURRENT VS 3Y AVG
+22.00%
CURRENT VS 5Y AVG
-24.53%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+484.63%
vs the sector median at left
MP Materials Corp.
Market Cap
$9.14B
Quick Ratio (Acid-Test)
8.56
TTM Avg
6.49
3Y Avg
7.02
5Y Avg
11.35
Market Cap
$9.78B
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.09
3Y Avg
1.12
5Y Avg
1.12
Market Cap
$9.93B
Quick Ratio (Acid-Test)
2.38
TTM Avg
2.27
3Y Avg
2.10
5Y Avg
2.26
Market Cap
$8.08B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.47
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$6.34B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.13
3Y Avg
1.12
5Y Avg
1.15
Market Cap
$12.69B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.30
3Y Avg
1.33
5Y Avg
1.27
Market Cap
$13.34B
Quick Ratio (Acid-Test)
1.22
TTM Avg
1.15
3Y Avg
1.07
5Y Avg
1.13
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $9.14B | 8.56 | 6.49 | 7.02 | 11.35 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.78B | 1.08 | 1.09 | 1.12 | 1.12 |
| First Majestic Silver Corp. (AG)vs › | $9.93B | 2.38 | 2.27 | 2.10 | 2.26 |
| The Mosaic Company (MOS)vs › | $8.08B | 0.43 | 0.47 | 0.51 | 0.53 |
| Arcosa, Inc. (ACA)vs › | $7.13B | 2.31 | 1.25 | 1.29 | 1.27 |
| Builders FirstSource, Inc. (BLDR)vs › | $6.34B | 1.09 | 1.13 | 1.12 | 1.15 |
| RPM International Inc. (RPM)vs › | $12.69B | 1.16 | 1.30 | 1.33 | 1.27 |
| Alcoa Corporation (AA)vs › | $12.75B | 0.92 | 0.86 | 0.85 | 0.92 |
| Masco Corporation (MAS)vs › | $13.34B | 1.22 | 1.15 | 1.07 | 1.13 |
| Carlisle Companies Incorporated (CSL)vs › | $13.34B | 2.04 | 2.33 | 2.21 | 2.15 |
Quick Ratio
8.56
Excludes inventory
Current Ratio
9.51
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 | 8.56 |
| 2026-03-31 | 6.58 |
| 2025-12-31 | 6.67 |
| 2025-09-30 | 7.51 |
| 2025-06-30 | 3.12 |
| 2025-03-31 | 3.58 |
| 2024-12-31 | 5.63 |
| 2024-09-30 | 6.13 |
| 2024-06-30 | 6.17 |
| 2024-03-31 | 9.28 |
| 2023-12-31 | 9.54 |
| 2023-09-30 | 11.45 |
| 2023-06-30 | 15.26 |
| 2023-03-31 | 12.84 |
| 2022-12-31 | 12.68 |
| 2022-09-30 | 17.33 |
| 2022-06-30 | 19.75 |
| 2022-03-31 | 24.76 |
| 2021-12-31 | 20.79 |
| 2021-09-30 | 17.26 |
| 2021-06-30 | 13.41 |
| 2021-03-31 | 16.51 |
| 2020-12-31 | 12.28 |
| 2020-09-30 | 0.65 |
| 2020-06-30 | 0.74 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.14 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
