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 0.56 is 10% below its 5-year average of 0.63, near the low end of its 5-year range (0.41–0.92).
As of the fiscal period ended Tuesday, March 31, 2026. 0.98% below its 12-month average of 0.57.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.56
QUICK RATIO (ACID-TEST) AVG TTM
0.57
QUICK RATIO (ACID-TEST) AVG 3Y
0.63
QUICK RATIO (ACID-TEST) AVG 5Y
0.60
QUICK RATIO (ACID-TEST) AVG 10Y
0.58
QUICK RATIO (ACID-TEST) AVG 15Y
0.63
QUICK RATIO (ACID-TEST) AVG 20Y
0.64
CURRENT VS TTM AVG
-0.98%
CURRENT VS 3Y AVG
-11.11%
CURRENT VS 5Y AVG
-5.63%
CURRENT VS 10Y AVG
-3.26%
CURRENT VS 15Y AVG
-10.72%
CURRENT VS 20Y AVG
-11.28%
SECTOR MEDIAN · ENERGY
0.99
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-43.01%
vs the sector median at left
Market Cap
$57.09B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.41
3Y Avg
0.58
5Y Avg
0.62
Market Cap
$56.76B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.73
3Y Avg
0.76
5Y Avg
0.81
Market Cap
$58.03B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.58
3Y Avg
0.62
5Y Avg
0.65
Market Cap
$60.05B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.97
3Y Avg
0.93
5Y Avg
1.01
Market Cap
$70.06B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.89
3Y Avg
0.89
5Y Avg
0.85
Market Cap
$71.66B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.45
3Y Avg
0.41
5Y Avg
0.46
Market Cap
$37.62B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.24
3Y Avg
1.94
5Y Avg
2.60
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ONEOK, Inc. (OKE) | $57.21B | 0.56 | 0.57 | 0.63 | 0.60 |
| Diamondback Energy, Inc. (FANG)vs › | $57.09B | 0.40 | 0.41 | 0.58 | 0.62 |
| Occidental Petroleum Corporation (OXY)vs › | $56.76B | 0.74 | 0.73 | 0.76 | 0.81 |
| Targa Resources Corp. (TRGP)vs › | $58.03B | 0.55 | 0.58 | 0.62 | 0.65 |
| Baker Hughes Company (BKR)vs › | $60.05B | 1.00 | 0.97 | 0.93 | 1.01 |
| Energy Transfer LP (ET)vs › | $70.06B | 0.89 | 0.89 | 0.89 | 0.85 |
| Kinder Morgan, Inc. (KMI)vs › | $71.66B | 0.50 | 0.45 | 0.41 | 0.46 |
| Slb N.V. (SLB)vs › | $74.14B | 0.98 | 1.04 | 1.00 | 0.97 |
| Cameco Corporation (CCJ)vs › | $37.62B | 1.68 | 1.24 | 1.94 | 2.60 |
| EOG Resources, Inc. (EOG)vs › | $79.20B | 1.64 | 1.77 | 1.85 | 1.81 |
Quick Ratio
0.56
Excludes inventory
Current Ratio
0.71
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) |
|---|---|
| 2026-03-31 | 0.56 |
| 2025-12-31 | 0.56 |
| 2025-09-30 | 0.75 |
| 2025-06-30 | 0.46 |
| 2025-03-31 | 0.52 |
| 2024-12-31 | 0.74 |
| 2024-09-30 | 0.59 |
| 2024-06-30 | 0.41 |
| 2024-03-31 | 0.48 |
| 2023-12-31 | 0.67 |
| 2023-09-30 | 0.66 |
| 2023-06-30 | 0.92 |
| 2023-03-31 | 0.92 |
| 2022-12-31 | 0.64 |
| 2022-09-30 | 0.50 |
| 2022-06-30 | 0.62 |
| 2022-03-31 | 0.55 |
| 2021-12-31 | 0.56 |
| 2021-09-30 | 0.67 |
| 2021-06-30 | 0.68 |
| 2021-03-31 | 0.72 |
| 2020-12-31 | 1.11 |
| 2020-09-30 | 1.15 |
| 2020-06-30 | 1.31 |
| 2020-03-31 | 1.01 |
| 2019-12-31 | 0.48 |
| 2019-09-30 | 0.95 |
| 2019-06-30 | 0.60 |
| 2019-03-31 | 0.55 |
| 2018-12-31 | 0.46 |
| 2018-09-30 | 0.51 |
| 2018-06-30 | 0.40 |
| 2018-03-31 | 0.49 |
| 2017-12-31 | 0.50 |
| 2017-09-30 | 0.41 |
| 2017-06-30 | 0.41 |
| 2017-03-31 | 0.43 |
| 2016-12-31 | 0.43 |
| 2016-09-30 | 0.46 |
| 2016-06-30 | 0.43 |
| 2016-03-31 | 0.43 |
| 2015-12-31 | 0.47 |
| 2015-09-30 | 0.38 |
| 2015-06-30 | 0.43 |
| 2015-03-31 | 0.43 |
| 2014-12-31 | 0.49 |
| 2014-09-30 | 0.77 |
| 2014-06-30 | 0.93 |
| 2014-03-31 | 0.75 |
| 2013-12-31 | 0.72 |
| 2013-09-30 | 0.85 |
| 2013-06-30 | 0.55 |
| 2013-03-31 | 0.70 |
| 2012-12-31 | 0.80 |
| 2012-09-30 | 0.95 |
| 2012-06-30 | 0.55 |
| 2012-03-31 | 0.89 |
| 2011-12-31 | 0.54 |
| 2011-09-30 | 0.56 |
| 2011-06-30 | 0.69 |
| 2011-03-31 | 1.04 |
| 2010-12-31 | 0.53 |
| 2010-09-30 | 0.49 |
| 2010-06-30 | 0.45 |
| 2010-03-12 | 0.64 |
| 2009-12-31 | 0.60 |
| 2009-09-30 | 0.45 |
| 2009-07-23 | 0.50 |
| 2009-03-31 | 0.65 |
| 2008-12-31 | 0.60 |
| 2008-09-30 | 0.53 |
| 2008-06-30 | 0.63 |
| 2008-03-31 | 0.84 |
| 2007-12-31 | 0.73 |
| 2007-09-30 | 0.92 |
| 2007-06-30 | 0.78 |
| 2007-03-31 | 1.10 |
| 2006-12-31 | 1.19 |
| 2006-09-30 | 0.96 |
| 2006-06-30 | 0.70 |
| 2006-03-31 | 0.71 |
| 2005-12-31 | 0.83 |
| 2005-09-30 | 0.70 |
| 2005-06-30 | 0.82 |
| 2005-03-31 | 0.70 |
| 2004-12-31 | 0.66 |
| 2004-09-30 | 0.55 |
| 2004-06-30 | 0.60 |
| 2004-03-31 | 0.69 |
| 2003-12-31 | 0.67 |
| 2003-09-30 | 0.64 |
| 2003-06-30 | 0.81 |
| 2003-03-31 | 1.01 |
| 2002-12-31 | 0.87 |
| 2002-09-30 | 0.85 |
| 2002-06-30 | 0.91 |
