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 0.48 is 67% below its 5-year average of 1.45, near the low end of its 5-year range (0.48–10.15).
As of the fiscal period ended Tuesday, June 30, 2026. 82.20% below its 12-month average of 2.72.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.48
QUICK RATIO (ACID-TEST) AVG TTM
2.72
QUICK RATIO (ACID-TEST) AVG 3Y
0.98
QUICK RATIO (ACID-TEST) AVG 5Y
0.97
QUICK RATIO (ACID-TEST) AVG 10Y
0.99
QUICK RATIO (ACID-TEST) AVG 15Y
1.02
QUICK RATIO (ACID-TEST) AVG 20Y
1.09
CURRENT VS TTM AVG
-82.20%
CURRENT VS 3Y AVG
-50.59%
CURRENT VS 5Y AVG
-50.28%
CURRENT VS 10Y AVG
-51.36%
CURRENT VS 15Y AVG
-52.78%
CURRENT VS 20Y AVG
-55.67%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-46.28%
vs the sector median at left
Market Cap
$51.21B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.60
3Y Avg
0.52
5Y Avg
0.51
Market Cap
$50.97B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.59
3Y Avg
0.60
5Y Avg
0.63
Market Cap
$50.47B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.27
3Y Avg
1.28
5Y Avg
1.28
Market Cap
$50.34B
Quick Ratio (Acid-Test)
0.15
TTM Avg
0.72
3Y Avg
0.42
5Y Avg
0.33
Market Cap
$49.07B
Quick Ratio (Acid-Test)
7.87
TTM Avg
57.55
3Y Avg
64.07
5Y Avg
131.45
Market Cap
$44.83B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.36B
Quick Ratio (Acid-Test)
0.61
TTM Avg
1.24
3Y Avg
1.51
5Y Avg
1.52
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nasdaq, Inc. (NDAQ) | $52.65B | 0.48 | 2.72 | 0.98 | 0.97 |
| Fifth Third Bancorp (FITB)vs › | $51.21B | 0.82 | 0.60 | 0.52 | 0.51 |
| State Street Corporation (STT)vs › | $50.97B | 0.68 | 0.59 | 0.60 | 0.63 |
| PayPal Holdings, Inc. (PYPL)vs › | $50.47B | 1.29 | 1.27 | 1.28 | 1.28 |
| Discover Financial Services (DFS)vs › | $50.34B | 0.15 | 0.72 | 0.42 | 0.33 |
| Ameriprise Financial, Inc. (AMP)vs › | $49.07B | 7.87 | 57.55 | 64.07 | 131.45 |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.83B | N/A | N/A | N/A | N/A |
| MetLife, Inc. (MET)vs › | $61.85B | 0.65 | 0.60 | 0.97 | 1.07 |
| Prudential Financial, Inc. (PRU)vs › | $42.36B | 0.61 | 1.24 | 1.51 | 1.52 |
| Ares Management Corporation (ARES)vs › | $42.07B | 2.24 | 1.61 | 1.15 | 1.04 |
Quick Ratio
0.48
Excludes inventory
Current Ratio
1.01
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 | 0.48 |
| 2026-03-31 | 10.15 |
| 2025-12-31 | 1.01 |
| 2025-09-30 | 0.99 |
| 2025-06-30 | 0.96 |
| 2025-03-31 | 0.98 |
| 2024-12-31 | 0.99 |
| 2024-09-30 | 0.95 |
| 2024-06-30 | 0.94 |
| 2024-03-31 | 0.99 |
| 2023-12-31 | 1.01 |
| 2023-09-30 | 1.75 |
| 2023-06-30 | 1.60 |
| 2023-03-31 | 0.98 |
| 2022-12-31 | 0.97 |
| 2022-09-30 | 0.96 |
| 2022-06-30 | 0.94 |
| 2022-03-31 | 0.92 |
| 2021-12-31 | 0.94 |
| 2021-09-30 | 0.98 |
| 2021-06-30 | 1.02 |
| 2021-03-31 | 1.02 |
| 2020-12-31 | 1.56 |
| 2020-09-30 | 1.16 |
| 2020-06-30 | 1.11 |
| 2020-03-31 | 0.97 |
| 2019-12-31 | 1.01 |
| 2019-09-30 | 0.95 |
| 2019-06-30 | 0.96 |
| 2019-03-31 | 0.84 |
| 2018-12-31 | 0.97 |
| 2018-09-30 | 0.94 |
| 2018-06-30 | 0.93 |
| 2018-03-31 | 0.93 |
| 2017-12-31 | 1.05 |
| 2017-09-30 | 1.15 |
| 2017-06-30 | 0.99 |
| 2017-03-31 | 1.01 |
| 2016-12-31 | 1.12 |
| 2016-09-30 | 1.07 |
| 2016-06-30 | 1.07 |
| 2016-03-31 | 1.07 |
| 2015-12-31 | 1.11 |
| 2015-09-30 | 1.11 |
| 2015-06-30 | 1.10 |
| 2015-03-31 | 1.07 |
| 2014-12-31 | 1.14 |
| 2014-09-30 | 1.11 |
| 2014-06-30 | 1.09 |
| 2014-03-31 | 0.98 |
| 2013-12-31 | 1.13 |
| 2013-09-30 | 1.13 |
| 2013-06-30 | 1.08 |
| 2013-03-31 | 1.44 |
| 2012-12-31 | 1.61 |
| 2012-09-30 | 1.65 |
| 2012-06-30 | 1.43 |
| 2012-03-31 | 1.64 |
| 2011-12-31 | 1.09 |
| 2011-09-30 | 1.14 |
| 2011-06-30 | 1.09 |
| 2011-03-31 | 1.04 |
| 2010-12-31 | 1.03 |
| 2010-09-30 | 1.22 |
| 2010-06-30 | 1.24 |
| 2010-03-31 | 1.25 |
| 2009-12-31 | 1.20 |
| 2009-09-30 | 1.12 |
| 2009-06-30 | 1.11 |
| 2009-03-31 | 1.07 |
| 2008-12-31 | 1.07 |
| 2008-09-30 | 1.32 |
| 2008-06-30 | 1.36 |
| 2008-03-31 | 1.37 |
| 2007-12-31 | 4.09 |
| 2007-09-30 | 3.26 |
| 2007-06-30 | 4.20 |
| 2007-03-31 | 4.37 |
| 2006-12-31 | 5.02 |
| 2006-09-30 | 6.11 |
| 2006-06-30 | 5.83 |
| 2006-03-31 | 2.48 |
| 2005-12-31 | 1.83 |
| 2005-09-30 | 3.01 |
| 2005-06-30 | 2.76 |
| 2005-03-31 | 1.80 |
| 2004-12-31 | 1.95 |
| 2004-09-30 | 1.66 |
| 2004-06-30 | 2.22 |
| 2004-03-31 | 2.16 |
| 2003-12-31 | 2.23 |
| 2003-09-30 | 2.10 |
| 2003-06-30 | 2.41 |
| 2003-03-31 | 2.48 |
| 2002-12-31 | 2.36 |
| 2002-09-30 | 2.56 |