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 0.66 is 21% below its 5-year average of 0.83, near the low end of its 5-year range (0.11–14.31).
As of the fiscal period ended Tuesday, June 30, 2026. 65.12% above its 12-month average of 0.40.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.66.
QUICK RATIO (ACID-TEST)
0.66
QUICK RATIO (ACID-TEST) AVG TTM
0.40
QUICK RATIO (ACID-TEST) AVG 3Y
0.92
QUICK RATIO (ACID-TEST) AVG 5Y
0.83
QUICK RATIO (ACID-TEST) AVG 10Y
4.09
QUICK RATIO (ACID-TEST) AVG 15Y
1.90
QUICK RATIO (ACID-TEST) AVG 20Y
0.78
CURRENT VS TTM AVG
+65.12%
CURRENT VS 3Y AVG
-28.16%
CURRENT VS 5Y AVG
-21.13%
CURRENT VS 10Y AVG
-83.90%
CURRENT VS 15Y AVG
-65.35%
CURRENT VS 20Y AVG
-15.83%
SECTOR MEDIAN · REAL ESTATE
0.84
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-21.63%
vs the sector median at left
Market Cap
$8.55B
Quick Ratio (Acid-Test)
0.14
TTM Avg
0.80
3Y Avg
0.82
5Y Avg
0.82
Market Cap
$8.14B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.79
3Y Avg
1.07
5Y Avg
1.51
Market Cap
$8.91B
Quick Ratio (Acid-Test)
0.11
TTM Avg
0.42
3Y Avg
0.45
5Y Avg
0.48
Market Cap
$6.94B
Quick Ratio (Acid-Test)
1.04
TTM Avg
0.10
3Y Avg
0.84
5Y Avg
1.46
Market Cap
$9.88B
Quick Ratio (Acid-Test)
1.47
TTM Avg
1.09
3Y Avg
1.17
5Y Avg
1.44
Market Cap
$10.35B
Quick Ratio (Acid-Test)
45.10
TTM Avg
0.10
3Y Avg
0.23
5Y Avg
0.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NNN REIT, Inc. (NNN) | $8.35B | 0.66 | 0.40 | 0.92 | 0.83 |
| Agree Realty Corporation (ADC)vs › | $8.55B | 0.14 | 0.80 | 0.82 | 0.82 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.14B | 0.69 | 0.79 | 1.07 | 1.51 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.91B | 0.11 | 0.42 | 0.45 | 0.48 |
| CubeSmart (CUBE)vs › | $8.95B | 0.15 | 0.32 | 0.30 | 0.27 |
| Terreno Realty Corporation (TRNO)vs › | $6.94B | 1.04 | 0.10 | 0.84 | 1.46 |
| Federal Realty Investment Trust (FRT)vs › | $9.88B | 1.47 | 1.09 | 1.17 | 1.44 |
| BXP, Inc. (BXP)vs › | $10.32B | 0.94 | 2.42 | 3.05 | 3.25 |
| Camden Property Trust (CPT)vs › | $10.35B | 45.10 | 0.10 | 0.23 | 0.69 |
| UDR, Inc. (UDR)vs › | $11.28B | 0.15 | 1.85 | 1.03 | 0.76 |
Quick Ratio
0.66
Excludes inventory
Current Ratio
0.66
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 | 0.66 |
| 2026-03-31 | 0.48 |
| 2025-12-31 | 0.19 |
| 2025-09-30 | 0.47 |
| 2025-06-30 | 0.20 |
| 2025-03-31 | 0.28 |
| 2024-12-31 | 1.86 |
| 2024-09-30 | 2.89 |
| 2024-06-30 | 2.03 |
| 2024-03-31 | 0.32 |
| 2023-12-31 | 0.31 |
| 2023-09-30 | 2.13 |
| 2023-06-30 | 0.11 |
| 2023-03-31 | 0.17 |
| 2022-12-31 | 0.23 |
| 2022-09-30 | 0.37 |
| 2022-06-30 | 0.71 |
| 2022-03-31 | 1.63 |
| 2021-12-31 | 9.17 |
| 2021-09-30 | 11.32 |
| 2021-06-30 | 14.31 |
| 2021-03-31 | 8.27 |
| 2020-12-31 | 17.17 |
| 2020-09-30 | 7.18 |
| 2020-06-30 | 14.28 |
| 2020-03-31 | 6.17 |
| 2019-12-31 | 0.30 |
| 2019-09-30 | 8.46 |
| 2019-06-30 | 0.45 |
| 2019-03-31 | 2.43 |
| 2018-12-31 | 7.56 |
| 2018-09-30 | 18.13 |
| 2018-06-30 | 0.19 |
| 2018-03-31 | 0.18 |
| 2017-12-31 | 0.26 |
| 2017-09-30 | 7.70 |
| 2017-06-30 | 0.15 |
| 2017-03-31 | 1.80 |
| 2016-12-31 | 16.63 |
| 2016-09-30 | 0.19 |
| 2016-06-30 | 0.29 |
| 2016-03-31 | 1.84 |
| 2015-12-31 | 3.33 |
| 2015-09-30 | 0.21 |
| 2015-06-30 | 0.46 |
| 2015-03-31 | 0.98 |
| 2014-12-31 | 4.51 |
| 2014-09-30 | 0.43 |
| 2014-06-30 | 8.62 |
| 2014-03-31 | 0.67 |
| 2013-12-31 | 1.13 |
| 2013-09-30 | 2.85 |
| 2013-06-30 | 18.53 |
| 2013-03-31 | 0.97 |
| 2012-12-31 | 0.48 |
| 2012-09-30 | 0.14 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.06 |
| 2011-12-31 | 0.05 |
| 2011-09-30 | 0.04 |
| 2011-06-30 | 0.03 |
| 2011-03-31 | 0.03 |
| 2010-12-31 | 0.03 |
| 2010-09-30 | 0.07 |
| 2010-06-30 | 0.08 |
| 2010-03-31 | 0.06 |
| 2009-12-31 | 0.04 |
| 2009-09-30 | 0.05 |
| 2009-06-30 | 0.07 |
| 2009-03-31 | 1.07 |
| 2008-12-31 | 0.03 |
| 2008-09-30 | 1.12 |
| 2008-06-30 | 2.02 |
| 2008-03-31 | 1.89 |
| 2007-12-31 | 1.29 |
| 2007-09-30 | 1.15 |
| 2007-06-30 | 0.58 |
| 2007-03-31 | 1.23 |
| 2006-12-31 | 0.46 |
| 2006-09-30 | 0.45 |
| 2006-06-30 | 0.43 |
| 2006-03-31 | 0.98 |
| 2005-12-31 | 0.84 |
| 2005-09-30 | 0.71 |
| 2005-06-30 | 0.63 |
| 2005-03-31 | 1.00 |
| 2004-12-31 | 1.06 |
| 2004-09-30 | 2.46 |
| 2004-06-30 | 5.52 |
| 2004-03-31 | 5.07 |
| 2003-12-31 | 0.57 |
| 2003-09-30 | 1.33 |
| 2003-06-30 | 1.95 |
| 2003-03-31 | 2.47 |
| 2002-12-31 | 0.01 |
| 2002-09-30 | 0.06 |
