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 1.92 is 107% above its 5-year average of 0.93, near the low end of its 5-year range (0.20–8.01).
As of the fiscal period ended Tuesday, June 30, 2026. 14.87% below its 12-month average of 2.26.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.92
QUICK RATIO (ACID-TEST) AVG TTM
2.26
QUICK RATIO (ACID-TEST) AVG 3Y
0.50
QUICK RATIO (ACID-TEST) AVG 5Y
0.52
QUICK RATIO (ACID-TEST) AVG 10Y
0.56
QUICK RATIO (ACID-TEST) AVG 15Y
0.60
QUICK RATIO (ACID-TEST) AVG 20Y
0.56
CURRENT VS TTM AVG
-14.87%
CURRENT VS 3Y AVG
+286.79%
CURRENT VS 5Y AVG
+270.44%
CURRENT VS 10Y AVG
+243.61%
CURRENT VS 15Y AVG
+218.43%
CURRENT VS 20Y AVG
+244.90%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+113.43%
vs the sector median at left
State Street Corporation
Market Cap
$51.31B
Quick Ratio (Acid-Test)
1.92
TTM Avg
2.26
3Y Avg
0.50
5Y Avg
0.52
Market Cap
$52.03B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.60
3Y Avg
0.52
5Y Avg
0.51
Market Cap
$50.34B
Quick Ratio (Acid-Test)
0.15
TTM Avg
0.72
3Y Avg
0.42
5Y Avg
0.33
Market Cap
$49.53B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.27
3Y Avg
1.28
5Y Avg
1.28
Market Cap
$47.55B
Quick Ratio (Acid-Test)
7.87
TTM Avg
57.55
3Y Avg
64.07
5Y Avg
131.45
Market Cap
$43.83B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.92B
Quick Ratio (Acid-Test)
0.85
TTM Avg
1.06
3Y Avg
1.67
5Y Avg
2.11
Market Cap
$41.70B
Quick Ratio (Acid-Test)
2.34
TTM Avg
2.31
3Y Avg
1.94
5Y Avg
1.76
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| State Street Corporation (STT) | $51.31B | 1.92 | 2.26 | 0.50 | 0.52 |
| Nasdaq, Inc. (NDAQ)vs › | $51.48B | 1.01 | 1.00 | 0.99 | 1.08 |
| Fifth Third Bancorp (FITB)vs › | $52.03B | 0.82 | 0.60 | 0.52 | 0.51 |
| Discover Financial Services (DFS)vs › | $50.34B | 0.15 | 0.72 | 0.42 | 0.33 |
| PayPal Holdings, Inc. (PYPL)vs › | $49.53B | 1.29 | 1.27 | 1.28 | 1.28 |
| Ameriprise Financial, Inc. (AMP)vs › | $47.55B | 7.87 | 57.55 | 64.07 | 131.45 |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $43.83B | N/A | N/A | N/A | N/A |
| American International Group, Inc. (AIG)vs › | $41.92B | 0.85 | 1.06 | 1.67 | 2.11 |
| Coinbase Global, Inc. (COIN)vs › | $41.70B | 2.34 | 2.31 | 1.94 | 1.76 |
| Prudential Financial, Inc. (PRU)vs › | $41.63B | 0.61 | 1.24 | 1.51 | 1.52 |
Quick Ratio
1.92
Excludes inventory
Current Ratio
0.68
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 | 1.92 |
| 2026-03-31 | 0.66 |
| 2025-12-31 | 0.20 |
| 2025-09-30 | 8.01 |
| 2025-06-30 | 0.50 |
| 2025-03-31 | 0.53 |
| 2024-12-31 | 0.51 |
| 2024-09-30 | 0.50 |
| 2024-06-30 | 0.47 |
| 2024-03-31 | 0.55 |
| 2023-12-31 | 0.66 |
| 2023-09-30 | 0.44 |
| 2023-06-30 | 0.46 |
| 2023-03-31 | 0.47 |
| 2022-12-31 | 0.60 |
| 2022-09-30 | 0.45 |
| 2022-06-30 | 0.44 |
| 2022-03-31 | 0.45 |
| 2021-12-31 | 0.70 |
| 2021-09-30 | 0.48 |
| 2021-06-30 | 0.49 |
| 2021-03-31 | 0.50 |
| 2020-12-31 | 0.69 |
| 2020-09-30 | 0.43 |
| 2020-06-30 | 0.50 |
| 2020-03-31 | 0.54 |
| 2019-12-31 | 0.64 |
| 2019-09-30 | 0.42 |
| 2019-06-30 | 0.43 |
| 2019-03-31 | 0.40 |
| 2018-12-31 | 0.63 |
| 2018-09-30 | 0.62 |
| 2018-06-30 | 0.64 |
| 2018-03-31 | 0.63 |
| 2017-12-31 | 0.66 |
| 2017-09-30 | 0.77 |
| 2017-06-30 | 0.77 |
| 2017-03-31 | 0.78 |
| 2016-12-31 | 0.78 |
| 2016-09-30 | 0.73 |
| 2016-06-30 | 0.73 |
| 2016-03-31 | 0.71 |
| 2015-12-31 | 0.83 |
| 2015-09-30 | 0.79 |
| 2015-06-30 | 0.82 |
| 2015-03-31 | 0.81 |
| 2014-12-31 | 0.82 |
| 2014-09-30 | 0.81 |
| 2014-06-30 | 0.85 |
| 2014-03-31 | 0.85 |
| 2013-12-31 | 0.84 |
| 2013-09-30 | 0.82 |
| 2013-06-30 | 0.83 |
| 2013-03-31 | 0.86 |
| 2012-12-31 | 0.89 |
| 2012-09-30 | 0.28 |
| 2012-06-30 | 0.27 |
| 2012-03-31 | 0.25 |
| 2011-12-31 | 0.92 |
| 2011-09-30 | 0.31 |
| 2011-06-30 | 0.26 |
| 2011-03-31 | 0.20 |
| 2010-12-31 | 0.86 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.22 |
| 2010-03-31 | 0.23 |
| 2009-12-31 | 0.80 |
| 2009-09-30 | 0.25 |
| 2009-06-30 | 0.28 |
| 2009-03-31 | 0.38 |
| 2008-12-31 | 0.76 |
| 2008-09-30 | 0.38 |
| 2008-06-30 | 0.37 |
| 2008-03-31 | 0.37 |
| 2007-12-31 | 0.94 |
| 2007-09-30 | 0.30 |
| 2007-06-30 | 0.25 |
| 2007-03-31 | 0.25 |
| 2006-12-31 | 0.97 |
| 2006-09-30 | 0.30 |
| 2006-06-30 | 0.30 |
| 2006-03-31 | 0.31 |
| 2005-12-31 | 0.99 |
| 2005-09-30 | 0.35 |
| 2005-06-30 | 0.40 |
| 2005-03-31 | 0.46 |
| 2004-12-31 | 0.55 |
| 2004-09-30 | 0.60 |
| 2004-06-30 | 0.58 |
| 2004-03-31 | 0.58 |
| 2003-12-31 | 0.50 |
| 2003-09-30 | 0.51 |
| 2003-06-30 | 0.57 |
| 2003-03-31 | 0.59 |
| 2002-12-31 | 0.65 |
| 2002-09-30 | 0.70 |
