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 1.15 is 37% above its 5-year average of 0.84, near the high end of its 5-year range (0.59–1.15).
As of the fiscal period ended Tuesday, June 30, 2026. 15.31% above its 12-month average of 1.00.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.15.
QUICK RATIO (ACID-TEST)
1.15
QUICK RATIO (ACID-TEST) AVG TTM
1.00
QUICK RATIO (ACID-TEST) AVG 3Y
0.92
QUICK RATIO (ACID-TEST) AVG 5Y
0.84
QUICK RATIO (ACID-TEST) AVG 10Y
0.82
QUICK RATIO (ACID-TEST) AVG 15Y
0.81
QUICK RATIO (ACID-TEST) AVG 20Y
0.79
CURRENT VS TTM AVG
+15.31%
CURRENT VS 3Y AVG
+25.52%
CURRENT VS 5Y AVG
+36.69%
CURRENT VS 10Y AVG
+39.97%
CURRENT VS 15Y AVG
+41.80%
CURRENT VS 20Y AVG
+45.02%
SECTOR MEDIAN · UTILITIES
0.67
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+72.72%
vs the sector median at left
PG&E Corporation
Market Cap
$32.63B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.00
3Y Avg
0.92
5Y Avg
0.84
Market Cap
$33.11B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.39
3Y Avg
0.42
5Y Avg
0.43
Market Cap
$33.33B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.54
3Y Avg
0.51
5Y Avg
0.55
Market Cap
$27.53B
Quick Ratio (Acid-Test)
0.37
TTM Avg
0.45
3Y Avg
0.48
5Y Avg
0.49
Market Cap
$38.05B
Quick Ratio (Acid-Test)
1.17
TTM Avg
0.95
3Y Avg
0.98
5Y Avg
0.92
Market Cap
$26.37B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.40
3Y Avg
0.45
5Y Avg
0.52
Market Cap
$26.15B
Quick Ratio (Acid-Test)
0.73
TTM Avg
0.66
3Y Avg
0.63
5Y Avg
0.62
Market Cap
$25.40B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.51
3Y Avg
0.52
5Y Avg
0.58
Market Cap
$25.10B
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.46
3Y Avg
0.45
5Y Avg
0.52
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PG&E Corporation (PCG) | $32.63B | 1.15 | 1.00 | 0.92 | 0.84 |
| WEC Energy Group, Inc. (WEC)vs › | $33.11B | 0.30 | 0.39 | 0.42 | 0.43 |
| Public Service Enterprise Group Incorporated (PEG)vs › | $33.33B | 0.67 | 0.54 | 0.51 | 0.55 |
| Ameren Corporation (AEE)vs › | $27.53B | 0.37 | 0.45 | 0.48 | 0.49 |
| Consolidated Edison, Inc. (ED)vs › | $38.05B | 1.17 | 0.95 | 0.98 | 0.92 |
| American Water Works Company, Inc. (AWK)vs › | $26.37B | 0.49 | 0.40 | 0.45 | 0.52 |
| Atmos Energy Corporation (ATO)vs › | $26.15B | 0.73 | 0.66 | 0.63 | 0.62 |
| DTE Energy Company (DTE)vs › | $25.40B | 0.50 | 0.51 | 0.52 | 0.58 |
| FirstEnergy Corp. (FE)vs › | $25.10B | 0.45 | 0.46 | 0.45 | 0.52 |
| CenterPoint Energy, Inc. (CNP)vs › | $24.33B | 0.97 | 0.85 | 0.76 | 0.85 |
Quick Ratio
1.15
Excludes inventory
Current Ratio
1.22
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 | 1.15 |
| 2026-03-31 | 1.13 |
| 2025-12-31 | 0.92 |
| 2025-09-30 | 0.89 |
| 2025-06-30 | 0.89 |
| 2025-03-31 | 0.90 |
| 2024-12-31 | 1.00 |
| 2024-09-30 | 0.99 |
| 2024-06-30 | 0.86 |
| 2024-03-31 | 0.93 |
| 2023-12-31 | 0.78 |
| 2023-09-30 | 0.79 |
| 2023-06-30 | 0.89 |
| 2023-03-31 | 0.77 |
| 2022-12-31 | 0.76 |
| 2022-09-30 | 0.82 |
| 2022-06-30 | 0.73 |
| 2022-03-31 | 0.59 |
| 2021-12-31 | 0.60 |
| 2021-09-30 | 0.62 |
| 2021-06-30 | 0.63 |
| 2021-03-31 | 0.70 |
| 2020-12-31 | 0.66 |
| 2020-09-30 | 0.69 |
| 2020-06-30 | 0.53 |
| 2020-03-31 | 1.20 |
| 2019-12-31 | 1.25 |
| 2019-09-30 | 1.69 |
| 2019-06-30 | 1.92 |
| 2019-03-31 | 2.11 |
| 2018-12-31 | 0.21 |
| 2018-09-30 | 0.62 |
| 2018-06-30 | 0.60 |
| 2018-03-31 | 0.78 |
| 2017-12-31 | 0.81 |
| 2017-09-30 | 0.79 |
| 2017-06-30 | 0.80 |
| 2017-03-31 | 0.84 |
| 2016-12-31 | 0.75 |
| 2016-09-30 | 0.84 |
| 2016-06-30 | 0.85 |
| 2016-03-31 | 0.87 |
| 2015-12-31 | 0.84 |
| 2015-09-30 | 0.93 |
| 2015-06-30 | 0.95 |
| 2015-03-31 | 0.91 |
| 2014-12-31 | 1.00 |
| 2014-09-30 | 0.97 |
| 2014-06-30 | 0.86 |
| 2014-03-31 | 0.89 |
| 2013-12-31 | 0.74 |
| 2013-09-30 | 0.66 |
| 2013-06-30 | 0.67 |
| 2013-03-31 | 0.64 |
| 2012-12-31 | 0.75 |
| 2012-09-30 | 0.95 |
| 2012-06-30 | 0.81 |
| 2012-03-31 | 0.80 |
| 2011-12-31 | 0.78 |
| 2011-09-30 | 0.80 |
| 2011-06-30 | 0.82 |
| 2011-03-31 | 0.67 |
| 2010-12-31 | 0.72 |
| 2010-09-30 | 0.75 |
| 2010-06-30 | 0.69 |
| 2010-03-31 | 0.69 |
| 2009-12-31 | 0.78 |
| 2009-09-30 | 0.76 |
| 2009-06-30 | 0.82 |
| 2009-03-31 | 0.85 |
| 2008-12-31 | 0.78 |
| 2008-09-30 | 0.68 |
| 2008-06-30 | 0.73 |
| 2008-03-31 | 0.72 |
| 2007-12-31 | 0.76 |
| 2007-09-30 | 0.76 |
| 2007-06-30 | 0.79 |
| 2007-03-31 | 0.77 |
| 2006-12-31 | 0.67 |
| 2006-09-30 | 0.70 |
| 2006-06-30 | 0.75 |
| 2006-03-31 | 0.83 |
| 2005-12-31 | 0.81 |
| 2005-09-30 | 0.87 |
| 2005-06-30 | 0.93 |
| 2005-03-31 | 0.92 |
| 2004-12-31 | 0.88 |
| 2004-09-30 | 1.16 |
| 2004-06-30 | 1.06 |
| 2004-03-31 | 2.02 |
| 2003-12-31 | 2.18 |
| 2003-09-30 | 2.39 |
| 2003-06-30 | 0.98 |
| 2003-03-31 | 0.95 |
| 2002-12-31 | 0.99 |
| 2002-09-30 | 1.26 |
