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 3.44 is in line with its 5-year average of 3.77, near the low end of its 5-year range (2.83–4.86).
As of the fiscal period ended Tuesday, June 30, 2026. 7.48% above its 12-month average of 3.20.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.44
QUICK RATIO (ACID-TEST) AVG TTM
3.20
QUICK RATIO (ACID-TEST) AVG 3Y
3.43
QUICK RATIO (ACID-TEST) AVG 5Y
3.77
QUICK RATIO (ACID-TEST) AVG 10Y
3.45
QUICK RATIO (ACID-TEST) AVG 15Y
3.07
QUICK RATIO (ACID-TEST) AVG 20Y
2.97
CURRENT VS TTM AVG
+7.48%
CURRENT VS 3Y AVG
+0.31%
CURRENT VS 5Y AVG
-8.70%
CURRENT VS 10Y AVG
-0.40%
CURRENT VS 15Y AVG
+11.88%
CURRENT VS 20Y AVG
+15.60%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+116.21%
vs the sector median at left
Texas Instruments Incorporated
Market Cap
$236.46B
Quick Ratio (Acid-Test)
3.44
TTM Avg
3.20
3Y Avg
3.43
5Y Avg
3.77
Market Cap
$245.49B
Quick Ratio (Acid-Test)
2.59
TTM Avg
3.16
3Y Avg
3.24
5Y Avg
3.52
Market Cap
$246.86B
Quick Ratio (Acid-Test)
2.03
TTM Avg
1.93
3Y Avg
1.71
5Y Avg
1.76
Market Cap
$218.66B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.95
3Y Avg
0.92
5Y Avg
0.91
Market Cap
$257.38B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.81
3Y Avg
1.56
5Y Avg
1.24
Market Cap
$213.85B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
Market Cap
$204.03B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.91
3Y Avg
0.98
5Y Avg
1.04
Market Cap
$202.79B
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.11
3Y Avg
0.88
5Y Avg
0.80
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Instruments Incorporated (TXN) | $236.46B | 3.44 | 3.20 | 3.43 | 3.77 |
| Arista Networks, Inc. (ANET)vs › | $245.49B | 2.59 | 3.16 | 3.24 | 3.52 |
| SAP SE (SAP)vs › | $246.50B | 1.15 | 1.15 | 1.19 | 1.19 |
| KLA Corporation (KLAC)vs › | $246.86B | 2.03 | 1.93 | 1.71 | 1.76 |
| International Business Machines Corporation (IBM)vs › | $218.66B | 0.74 | 0.95 | 0.92 | 0.91 |
| Sandisk Corporation (SNDK)vs › | $257.38B | 1.81 | 1.81 | 1.56 | 1.24 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $213.85B | N/A | 1.72 | 1.69 | 1.84 |
| Salesforce, Inc. (CRM)vs › | $204.03B | 0.84 | 0.91 | 0.98 | 1.04 |
| Seagate Technology Holdings plc (STX)vs › | $202.79B | 1.11 | 1.11 | 0.88 | 0.80 |
| Amphenol Corporation (APH)vs › | $201.62B | 1.41 | 2.12 | 1.84 | 1.79 |
Quick Ratio
3.44
Excludes inventory
Current Ratio
4.86
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 | 3.44 |
| 2026-03-31 | 2.94 |
| 2025-12-31 | 2.83 |
| 2025-09-30 | 2.90 |
| 2025-06-30 | 3.88 |
| 2025-03-31 | 3.37 |
| 2024-12-31 | 2.88 |
| 2024-09-30 | 3.14 |
| 2024-06-30 | 3.49 |
| 2024-03-31 | 3.76 |
| 2023-12-31 | 3.35 |
| 2023-09-30 | 4.22 |
| 2023-06-30 | 4.35 |
| 2023-03-31 | 4.04 |
| 2022-12-31 | 3.77 |
| 2022-09-30 | 4.06 |
| 2022-06-30 | 4.24 |
| 2022-03-31 | 4.73 |
| 2021-12-31 | 4.58 |
| 2021-09-30 | 4.86 |
| 2021-06-30 | 4.23 |
| 2021-03-31 | 5.01 |
| 2020-12-31 | 3.47 |
| 2020-09-30 | 3.29 |
| 2020-06-30 | 2.94 |
| 2020-03-31 | 2.65 |
| 2019-12-31 | 3.18 |
| 2019-09-30 | 3.32 |
| 2019-06-30 | 2.22 |
| 2019-03-31 | 2.70 |
| 2018-12-31 | 2.38 |
| 2018-09-30 | 3.09 |
| 2018-06-30 | 5.12 |
| 2018-03-31 | 3.53 |
| 2017-12-31 | 3.00 |
| 2017-09-30 | 2.96 |
| 2017-06-30 | 2.96 |
| 2017-03-31 | 3.24 |
| 2016-12-31 | 2.50 |
| 2016-09-30 | 2.48 |
| 2016-06-30 | 2.42 |
| 2016-03-31 | 2.01 |
| 2015-12-31 | 2.11 |
| 2015-09-30 | 2.21 |
| 2015-06-30 | 1.93 |
| 2015-03-31 | 2.56 |
| 2014-12-31 | 2.25 |
| 2014-09-30 | 2.27 |
| 2014-06-30 | 3.17 |
| 2014-03-31 | 2.69 |
| 2013-12-31 | 2.29 |
| 2013-09-30 | 2.34 |
| 2013-06-30 | 2.25 |
| 2013-03-31 | 2.09 |
| 2012-12-31 | 1.89 |
| 2012-09-30 | 1.97 |
| 2012-06-30 | 1.43 |
| 2012-03-31 | 1.97 |
| 2011-12-31 | 1.73 |
| 2011-09-30 | 1.57 |
| 2011-06-30 | 5.19 |
| 2011-03-31 | 2.99 |
| 2010-12-31 | 2.80 |
| 2010-09-30 | 2.74 |
| 2010-06-30 | 3.11 |
| 2010-03-31 | 2.94 |
| 2009-12-31 | 3.10 |
| 2009-09-30 | 3.02 |
| 2009-06-30 | 3.19 |
| 2009-03-31 | 3.45 |
| 2008-12-31 | 2.88 |
| 2008-09-30 | 2.67 |
| 2008-06-30 | 2.48 |
| 2008-03-31 | 2.38 |
| 2007-12-31 | 2.72 |
| 2007-09-30 | 3.25 |
| 2007-06-30 | 3.48 |
| 2007-03-31 | 3.56 |
| 2006-12-31 | 3.09 |
| 2006-09-30 | 3.00 |
| 2006-06-30 | 3.04 |
| 2006-03-31 | 3.26 |
| 2005-12-31 | 3.33 |
| 2005-09-30 | 3.55 |
| 2005-06-30 | 3.46 |
| 2005-03-31 | 3.57 |
| 2004-12-31 | 4.64 |
| 2004-09-30 | 3.67 |
| 2004-06-30 | 3.05 |
| 2004-03-31 | 3.00 |
| 2003-12-31 | 3.06 |
| 2003-09-30 | 2.67 |
| 2003-06-30 | 3.32 |
| 2003-03-31 | 3.12 |
| 2002-12-31 | 2.76 |
| 2002-09-30 | 2.83 |