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 0.23 is 99% below its 5-year average of 20.42, near the low end of its 5-year range (0.00–309.08).
As of the fiscal period ended Tuesday, March 31, 2026. 99.66% below its 12-month average of 68.04.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.23
QUICK RATIO (ACID-TEST) AVG TTM
68.04
QUICK RATIO (ACID-TEST) AVG 3Y
9.56
QUICK RATIO (ACID-TEST) AVG 5Y
0.05
QUICK RATIO (ACID-TEST) AVG 10Y
17.27
QUICK RATIO (ACID-TEST) AVG 15Y
20.42
QUICK RATIO (ACID-TEST) AVG 20Y
19.00
CURRENT VS TTM AVG
-99.66%
CURRENT VS 3Y AVG
-97.58%
CURRENT VS 5Y AVG
+409.48%
CURRENT VS 10Y AVG
-98.66%
CURRENT VS 15Y AVG
-98.87%
CURRENT VS 20Y AVG
-98.78%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-74.29%
vs the sector median at left
Principal Financial Group, Inc.
Market Cap
$24.64B
Quick Ratio (Acid-Test)
0.23
TTM Avg
68.04
3Y Avg
9.56
5Y Avg
0.05
Market Cap
$24.57B
Quick Ratio (Acid-Test)
0.48
TTM Avg
0.48
3Y Avg
3.87
5Y Avg
67.30
Market Cap
$24.96B
Quick Ratio (Acid-Test)
1.04
TTM Avg
1.07
3Y Avg
1.07
5Y Avg
1.13
Market Cap
$25.09B
Quick Ratio (Acid-Test)
0.21
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.22
Market Cap
$26.07B
Quick Ratio (Acid-Test)
73.08
TTM Avg
40.55
3Y Avg
23.13
5Y Avg
18.11
Market Cap
$26.69B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.29
3Y Avg
0.29
5Y Avg
0.32
Market Cap
$21.71B
Quick Ratio (Acid-Test)
1.69
TTM Avg
1.33
3Y Avg
1.14
5Y Avg
1.11
Market Cap
$21.47B
Quick Ratio (Acid-Test)
0.24
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.43
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Principal Financial Group, Inc. (PFG) | $24.64B | 0.23 | 68.04 | 9.56 | 0.05 |
| Loews Corporation (L)vs › | $24.57B | 0.48 | 0.48 | 3.87 | 67.30 |
| KeyCorp (KEY)vs › | $24.43B | 0.77 | 0.47 | 0.40 | 0.39 |
| Brown & Brown, Inc. (BRO)vs › | $24.96B | 1.04 | 1.07 | 1.07 | 1.13 |
| Synchrony Financial (SYF)vs › | $25.09B | 0.21 | 0.21 | 0.21 | 0.22 |
| T. Rowe Price Group, Inc. (TROW)vs › | $26.07B | 73.08 | 40.55 | 23.13 | 18.11 |
| Regions Financial Corporation (RF)vs › | $26.69B | 0.30 | 0.29 | 0.29 | 0.32 |
| Global Payments Inc. (GPN)vs › | $21.71B | 1.69 | 1.33 | 1.14 | 1.11 |
| SoFi Technologies, Inc. (SOFI)vs › | $21.47B | 0.24 | 0.21 | 0.21 | 0.43 |
| Cincinnati Financial Corporation (CINF)vs › | $28.25B | 1.29 | 1.30 | 1.28 | 1.30 |
Quick Ratio
0.23
Excludes inventory
Current Ratio
3.21
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 | 0.23 |
| 2025-12-31 | 30.39 |
| 2025-09-30 | 0.28 |
| 2025-06-30 | 309.08 |
| 2025-03-31 | 0.21 |
| 2024-12-31 | 52.50 |
| 2024-09-30 | 31.09 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 0.00 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 0.00 |
| 2023-03-31 | 0.00 |
| 2022-12-31 | 5.14 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.00 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 983.28 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 874.25 |
| 2019-09-30 | 27.17 |
| 2019-06-30 | 34.33 |
| 2019-03-31 | 34.13 |
| 2018-12-31 | 43.66 |
| 2018-09-30 | 44.75 |
| 2018-06-30 | 27.78 |
| 2018-03-31 | 24.41 |
| 2017-12-31 | 45.67 |
| 2017-09-30 | 25.90 |
| 2017-06-30 | 36.07 |
| 2017-03-31 | 22.13 |
| 2016-12-31 | 43.83 |
| 2016-09-30 | 45.06 |
| 2016-06-30 | 65.39 |
| 2016-03-31 | 16.16 |
| 2015-12-31 | 13.38 |
| 2015-09-30 | 12.50 |
| 2015-06-30 | 57.29 |
| 2015-03-31 | 40.74 |
| 2014-12-31 | 50.30 |
| 2014-09-30 | 9.66 |
| 2014-06-30 | 11.78 |
| 2014-03-31 | 9.85 |
| 2013-12-31 | 15.93 |
| 2013-09-30 | 9.93 |
| 2013-06-30 | 6.83 |
| 2013-03-31 | 32.12 |
| 2012-12-31 | 76.89 |
| 2012-09-30 | 69.02 |
| 2012-06-30 | 6.73 |
| 2012-03-31 | 17.20 |
| 2011-12-31 | 26.88 |
| 2011-09-30 | 20.30 |
| 2011-06-30 | 21.07 |
| 2011-03-31 | 19.57 |
| 2010-12-31 | 17.94 |
| 2010-09-30 | 17.99 |
| 2010-06-30 | 15.49 |
| 2010-03-31 | 13.52 |
| 2009-12-31 | 23.51 |
| 2009-09-30 | 31.71 |
| 2009-06-30 | 27.98 |
| 2009-03-31 | 5.44 |
| 2008-12-31 | 5.67 |
| 2008-09-30 | 6.39 |
| 2008-06-30 | 6.67 |
| 2008-03-31 | 6.30 |
| 2007-12-31 | 5.00 |
| 2007-09-30 | 50.07 |
| 2007-06-30 | 37.27 |
| 2007-03-31 | 31.01 |
| 2006-12-31 | 25.57 |
| 2006-09-30 | 17.95 |
| 2006-06-30 | 4.46 |
| 2006-03-31 | 5.87 |
| 2005-12-31 | 4.97 |
| 2005-09-30 | 5.03 |
| 2005-06-30 | 4.25 |
| 2005-03-31 | 1.72 |
| 2004-12-31 | 2.17 |
| 2004-09-30 | 27.52 |
| 2004-06-30 | 5.35 |
| 2004-03-31 | 3.53 |
| 2003-12-31 | 2.40 |
| 2003-09-30 | 1.07 |
| 2003-06-30 | 4.87 |
| 2003-03-31 | 3.42 |
| 2002-12-31 | 4.78 |
| 2002-09-30 | 1.09 |
| 2002-06-30 | 1.08 |
