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 3.86 is in line with its 5-year average of 3.51, around the middle of its 5-year range (2.90–4.29).
As of the fiscal period ended Tuesday, June 30, 2026. 5.12% below its 12-month average of 4.06.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.86
QUICK RATIO (ACID-TEST) AVG TTM
4.06
QUICK RATIO (ACID-TEST) AVG 3Y
3.70
QUICK RATIO (ACID-TEST) AVG 5Y
3.51
QUICK RATIO (ACID-TEST) AVG 10Y
4.02
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-5.12%
CURRENT VS 3Y AVG
+4.16%
CURRENT VS 5Y AVG
+9.90%
CURRENT VS 10Y AVG
-4.17%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.27
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
+203.63%
vs the sector median at left
Market Cap
$13.41B
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.31
3Y Avg
1.23
5Y Avg
1.40
Market Cap
$11.86B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.06
3Y Avg
1.17
5Y Avg
1.20
Market Cap
$13.84B
Quick Ratio (Acid-Test)
0.78
TTM Avg
1.13
3Y Avg
0.99
5Y Avg
0.98
Market Cap
$11.38B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.17
3Y Avg
1.11
5Y Avg
1.16
Market Cap
$11.35B
Quick Ratio (Acid-Test)
3.35
TTM Avg
2.87
3Y Avg
2.99
5Y Avg
2.87
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Penumbra, Inc. (PEN) | $12.64B | 3.86 | 4.06 | 3.70 | 3.51 |
| Tempus AI, Inc. (TEM)vs › | $12.38B | 3.16 | 2.58 | 2.23 | 3.05 |
| Baxter International Inc. (BAX)vs › | $13.41B | 1.32 | 1.31 | 1.23 | 1.40 |
| Encompass Health Corporation (EHC)vs › | $11.86B | N/A | 1.06 | 1.17 | 1.20 |
| DaVita Inc. (DVA)vs › | $11.48B | 1.41 | 1.23 | 1.19 | 1.21 |
| The Cooper Companies, Inc. (COO)vs › | $13.84B | 0.78 | 1.13 | 0.99 | 0.98 |
| Exelixis, Inc. (EXEL)vs › | $13.89B | 3.38 | 3.54 | 3.46 | 4.12 |
| Align Technology, Inc. (ALGN)vs › | $11.38B | 1.28 | 1.17 | 1.11 | 1.16 |
| Bio-Techne Corporation (TECH)vs › | $11.35B | 3.35 | 2.87 | 2.99 | 2.87 |
| Globus Medical, Inc. (GMED)vs › | $11.13B | 2.93 | 2.25 | 2.88 | 3.49 |
Quick Ratio
3.86
Excludes inventory
Current Ratio
5.75
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 | 3.86 |
| 2026-03-31 | 3.95 |
| 2025-12-31 | 4.29 |
| 2025-09-30 | 4.18 |
| 2025-06-30 | 4.04 |
| 2025-03-31 | 3.68 |
| 2024-12-31 | 3.44 |
| 2024-09-30 | 3.25 |
| 2024-06-30 | 3.77 |
| 2024-03-31 | 3.51 |
| 2023-12-31 | 3.49 |
| 2023-09-30 | 3.41 |
| 2023-06-30 | 3.25 |
| 2023-03-31 | 3.02 |
| 2022-12-31 | 2.91 |
| 2022-09-30 | 2.92 |
| 2022-06-30 | 2.90 |
| 2022-03-31 | 3.20 |
| 2021-12-31 | 3.39 |
| 2021-09-30 | 3.53 |
| 2021-06-30 | 3.68 |
| 2021-03-31 | 3.48 |
| 2020-12-31 | 3.76 |
| 2020-09-30 | 3.69 |
| 2020-06-30 | 5.06 |
| 2020-03-31 | 3.27 |
| 2019-12-31 | 3.41 |
| 2019-09-30 | 3.61 |
| 2019-06-30 | 4.33 |
| 2019-03-31 | 4.34 |
| 2018-12-31 | 4.47 |
| 2018-09-30 | 4.43 |
| 2018-06-30 | 5.94 |
| 2018-03-31 | 5.84 |
| 2017-12-31 | 5.57 |
| 2017-09-30 | 5.51 |
| 2017-06-30 | 7.56 |
| 2017-03-31 | 7.60 |
| 2016-12-31 | 5.33 |
| 2016-09-30 | 5.28 |
| 2016-06-30 | 5.96 |
| 2016-03-31 | 5.51 |
| 2015-12-31 | 6.66 |
| 2015-09-30 | 7.03 |
| 2015-06-30 | 2.75 |
| 2015-03-31 | 3.26 |
| 2014-12-31 | 3.93 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
