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 6.05 is 21% above its 5-year average of 5.00, around the middle of its 5-year range (2.77–8.39).
As of the fiscal period ended Tuesday, June 30, 2026. 40.63% above its 12-month average of 4.30.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
6.05
QUICK RATIO (ACID-TEST) AVG TTM
4.30
QUICK RATIO (ACID-TEST) AVG 3Y
4.16
QUICK RATIO (ACID-TEST) AVG 5Y
5.00
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+40.63%
CURRENT VS 3Y AVG
+45.65%
CURRENT VS 5Y AVG
+20.94%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.48
median of 9 covered companies
CURRENT VS SECTOR MEDIAN
+308.89%
vs the sector median at left
Tradeweb Markets Inc.
Market Cap
$23.01B
Quick Ratio (Acid-Test)
6.05
TTM Avg
4.30
3Y Avg
4.16
5Y Avg
5.00
Market Cap
$23.02B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.33
3Y Avg
1.14
5Y Avg
1.11
Market Cap
$23.89B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.07
3Y Avg
1.07
5Y Avg
1.13
Market Cap
$24.02B
Quick Ratio (Acid-Test)
N/A
TTM Avg
4.22
3Y Avg
4.60
5Y Avg
172.74
Market Cap
$24.08B
Quick Ratio (Acid-Test)
N/A
TTM Avg
40.55
3Y Avg
23.13
5Y Avg
18.11
Market Cap
$24.60B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.43
Market Cap
$25.19B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.03
3Y Avg
1.03
5Y Avg
1.02
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tradeweb Markets Inc. (TW) | $23.01B | 6.05 | 4.30 | 4.16 | 5.00 |
| Global Payments Inc. (GPN)vs › | $23.02B | N/A | 1.33 | 1.14 | 1.11 |
| Loews Corporation (L)vs › | $22.60B | N/A | 0.48 | 3.87 | 67.30 |
| KeyCorp (KEY)vs › | $23.77B | N/A | 0.47 | 0.40 | 0.39 |
| Brown & Brown, Inc. (BRO)vs › | $23.89B | 1.05 | 1.07 | 1.07 | 1.13 |
| Principal Financial Group, Inc. (PFG)vs › | $24.02B | N/A | 4.22 | 4.60 | 172.74 |
| T. Rowe Price Group, Inc. (TROW)vs › | $24.08B | N/A | 40.55 | 23.13 | 18.11 |
| SoFi Technologies, Inc. (SOFI)vs › | $24.60B | N/A | 0.21 | 0.21 | 0.43 |
| Circle Internet Group (CRCL)vs › | $25.19B | N/A | 1.03 | 1.03 | 1.02 |
| W. R. Berkley Corporation (WRB)vs › | $25.44B | N/A | 1.38 | 1.36 | 1.37 |
Quick Ratio
6.05
Excludes inventory
Current Ratio
6.05
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 | 6.05 |
| 2026-03-31 | 3.64 |
| 2025-12-31 | 4.94 |
| 2025-09-30 | 4.11 |
| 2025-06-30 | 2.77 |
| 2025-03-31 | 4.81 |
| 2024-12-31 | 4.04 |
| 2024-09-30 | 3.00 |
| 2024-06-30 | 3.77 |
| 2024-03-31 | 3.00 |
| 2023-12-31 | 3.69 |
| 2023-09-30 | 8.27 |
| 2023-06-30 | 6.05 |
| 2023-03-31 | 8.39 |
| 2022-12-31 | 6.01 |
| 2022-09-30 | 6.60 |
| 2022-06-30 | 7.17 |
| 2022-03-31 | 4.56 |
| 2021-12-31 | 5.03 |
| 2021-09-30 | 4.64 |
| 2021-06-30 | 4.54 |
| 2021-03-31 | 5.88 |
| 2020-12-31 | 4.25 |
| 2020-09-30 | 3.65 |
| 2020-06-30 | 3.52 |
| 2020-03-31 | 3.53 |
| 2019-12-31 | 2.73 |
| 2019-09-30 | 1.36 |
| 2019-06-30 | 1.71 |
| 2019-03-31 | 2.70 |
| 2018-12-31 | 1.75 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 1.38 |
