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 1.10 is in line with its 5-year average of 1.12, around the middle of its 5-year range (0.95–1.44).
As of the fiscal period ended Tuesday, June 30, 2026. 9.41% below its 12-month average of 1.21.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.10
QUICK RATIO (ACID-TEST) AVG TTM
1.21
QUICK RATIO (ACID-TEST) AVG 3Y
1.12
QUICK RATIO (ACID-TEST) AVG 5Y
1.12
QUICK RATIO (ACID-TEST) AVG 10Y
1.08
QUICK RATIO (ACID-TEST) AVG 15Y
1.25
QUICK RATIO (ACID-TEST) AVG 20Y
1.26
CURRENT VS TTM AVG
-9.41%
CURRENT VS 3Y AVG
-2.02%
CURRENT VS 5Y AVG
-1.53%
CURRENT VS 10Y AVG
+1.42%
CURRENT VS 15Y AVG
-11.81%
CURRENT VS 20Y AVG
-12.91%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-9.19%
vs the sector median at left
Merck & Co., Inc.
Market Cap
$366.74B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.21
3Y Avg
1.12
5Y Avg
1.12
Market Cap
$364.02B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.81
3Y Avg
0.80
5Y Avg
0.79
Market Cap
$344.67B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.16
3Y Avg
1.07
5Y Avg
1.01
Market Cap
$248.20B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.73
3Y Avg
0.70
5Y Avg
0.72
Market Cap
$224.09B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.41
3Y Avg
1.34
5Y Avg
1.37
Market Cap
$200.54B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.56
3Y Avg
0.61
5Y Avg
0.63
Market Cap
$182.59B
Quick Ratio (Acid-Test)
0.97
TTM Avg
1.21
3Y Avg
1.20
5Y Avg
1.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merck & Co., Inc. (MRK) | $366.74B | 1.10 | 1.21 | 1.12 | 1.12 |
| UnitedHealth Group Incorporated (UNH)vs › | $364.02B | 0.78 | 0.81 | 0.80 | 0.79 |
| Roche Holding AG (RHHBY)vs › | $344.67B | 0.95 | 1.16 | 1.07 | 1.01 |
| AbbVie Inc. (ABBV)vs › | $439.68B | 0.69 | 0.56 | 0.68 | 0.69 |
| AstraZeneca PLC (AZN)vs › | $248.20B | 0.67 | 0.73 | 0.70 | 0.72 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $224.09B | 1.18 | 1.41 | 1.34 | 1.37 |
| Amgen Inc. (AMGN)vs › | $212.20B | 1.13 | 0.93 | 1.02 | 1.14 |
| Novo Nordisk A/S (NVO)vs › | $200.54B | 0.66 | 0.56 | 0.61 | 0.63 |
| Abbott Laboratories (ABT)vs › | $182.59B | 0.97 | 1.21 | 1.20 | 1.26 |
| Gilead Sciences, Inc. (GILD)vs › | $182.06B | 1.09 | 1.42 | 1.32 | 1.28 |
Quick Ratio
1.10
Excludes inventory
Current Ratio
1.32
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 | 1.10 |
| 2026-03-31 | 1.06 |
| 2025-12-31 | 1.30 |
| 2025-09-30 | 1.44 |
| 2025-06-30 | 1.17 |
| 2025-03-31 | 1.16 |
| 2024-12-31 | 1.15 |
| 2024-09-30 | 1.15 |
| 2024-06-30 | 1.22 |
| 2024-03-31 | 0.99 |
| 2023-12-31 | 1.00 |
| 2023-09-30 | 1.12 |
| 2023-06-30 | 1.03 |
| 2023-03-31 | 1.19 |
| 2022-12-31 | 1.23 |
| 2022-09-30 | 1.22 |
| 2022-06-30 | 1.15 |
| 2022-03-31 | 1.14 |
| 2021-12-31 | 1.02 |
| 2021-09-30 | 0.97 |
| 2021-06-30 | 0.95 |
| 2021-03-31 | 0.70 |
| 2020-12-31 | 0.81 |
| 2020-09-30 | 0.90 |
| 2020-06-30 | 0.96 |
| 2020-03-31 | 0.80 |
| 2019-12-31 | 0.97 |
| 2019-09-30 | 0.91 |
| 2019-06-30 | 0.92 |
| 2019-03-31 | 1.06 |
| 2018-12-31 | 0.92 |
| 2018-09-30 | 1.15 |
| 2018-06-30 | 1.04 |
| 2018-03-31 | 1.10 |
| 2017-12-31 | 1.06 |
| 2017-09-30 | 1.16 |
| 2017-06-30 | 1.21 |
| 2017-03-31 | 1.33 |
| 2016-12-31 | 1.50 |
| 2016-09-30 | 1.56 |
| 2016-06-30 | 1.52 |
| 2016-03-31 | 1.35 |
| 2015-12-31 | 1.30 |
| 2015-09-30 | 1.33 |
| 2015-06-30 | 1.31 |
| 2015-03-31 | 1.34 |
| 2014-12-31 | 1.47 |
| 2014-09-30 | 1.11 |
| 2014-06-30 | 1.53 |
| 2014-03-31 | 1.55 |
| 2013-12-31 | 1.65 |
| 2013-09-30 | 1.70 |
| 2013-06-30 | 1.64 |
| 2013-03-31 | 1.51 |
| 2012-12-31 | 1.54 |
| 2012-09-30 | 1.89 |
| 2012-06-30 | 1.74 |
| 2012-03-31 | 1.69 |
| 2011-12-31 | 1.66 |
| 2011-09-30 | 1.68 |
| 2011-06-30 | 1.66 |
| 2011-03-31 | 1.59 |
| 2010-12-31 | 1.48 |
| 2010-09-30 | 1.24 |
| 2010-06-30 | 1.30 |
| 2010-03-31 | 1.30 |
| 2009-12-31 | 1.30 |
| 2009-09-30 | 3.44 |
| 2009-06-30 | 2.35 |
| 2009-03-31 | 1.79 |
| 2008-12-31 | 1.19 |
| 2008-09-30 | 1.19 |
| 2008-06-30 | 1.58 |
| 2008-03-31 | 1.53 |
| 2007-12-31 | 1.07 |
| 2007-09-30 | 1.17 |
| 2007-06-30 | 1.04 |
| 2007-03-31 | 1.27 |
| 2006-12-31 | 1.06 |
| 2006-09-30 | 1.20 |
| 2006-06-30 | 1.36 |
| 2006-03-31 | 1.45 |
| 2005-12-31 | 1.46 |
| 2005-09-30 | 1.51 |
| 2005-06-30 | 1.55 |
| 2005-03-31 | 1.28 |
| 2004-12-31 | 0.99 |
| 2004-09-30 | 1.08 |
| 2004-06-30 | 1.11 |
| 2004-03-31 | 1.02 |
| 2003-12-31 | 0.94 |
| 2003-09-30 | 0.99 |
| 2003-06-30 | 0.92 |
| 2003-03-31 | 0.88 |
| 2002-12-31 | 0.92 |
| 2002-09-30 | 0.81 |