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 1.22 is 27% above its 5-year average of 0.96, around the middle of its 5-year range (0.56–1.50).
As of the fiscal period ended Tuesday, June 30, 2026. 52.45% above its 12-month average of 0.80.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 1.22.
QUICK RATIO (ACID-TEST)
1.22
QUICK RATIO (ACID-TEST) AVG TTM
0.80
QUICK RATIO (ACID-TEST) AVG 3Y
0.77
QUICK RATIO (ACID-TEST) AVG 5Y
0.96
QUICK RATIO (ACID-TEST) AVG 10Y
0.95
QUICK RATIO (ACID-TEST) AVG 15Y
0.92
QUICK RATIO (ACID-TEST) AVG 20Y
0.91
CURRENT VS TTM AVG
+52.45%
CURRENT VS 3Y AVG
+58.02%
CURRENT VS 5Y AVG
+26.96%
CURRENT VS 10Y AVG
+28.50%
CURRENT VS 15Y AVG
+31.81%
CURRENT VS 20Y AVG
+33.04%
SECTOR MEDIAN · UTILITIES
0.67
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+82.93%
vs the sector median at left
Market Cap
$9.06B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.58
3Y Avg
0.64
5Y Avg
0.68
Market Cap
$10.57B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.71
3Y Avg
0.76
5Y Avg
0.83
Market Cap
$5.48B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.94
3Y Avg
0.74
5Y Avg
0.71
Market Cap
$11.30B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.36
3Y Avg
0.49
5Y Avg
0.55
Market Cap
$3.03B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.58
3Y Avg
0.61
5Y Avg
0.56
Market Cap
$13.61B
Quick Ratio (Acid-Test)
0.55
TTM Avg
1.32
3Y Avg
1.46
5Y Avg
1.31
Market Cap
$2.03B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.63
3Y Avg
0.67
5Y Avg
0.61
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| UGI Corporation (UGI) | $8.03B | 1.22 | 0.80 | 0.77 | 0.96 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.06B | 0.79 | 0.58 | 0.64 | 0.68 |
| Oklo Inc. (OKLO)vs › | $7.01B | 48.46 | 46.27 | 28.38 | 27.49 |
| The AES Corporation (AES)vs › | $10.57B | 0.67 | 0.71 | 0.76 | 0.83 |
| Black Hills Corporation (BKH)vs › | $5.48B | 0.41 | 0.94 | 0.74 | 0.71 |
| Pinnacle West Capital Corporation (PNW)vs › | $11.30B | 0.41 | 0.36 | 0.49 | 0.55 |
| Avista Corporation (AVA)vs › | $3.03B | 0.69 | 0.58 | 0.61 | 0.56 |
| Talen Energy Corporation (TLN)vs › | $13.61B | 0.55 | 1.32 | 1.46 | 1.31 |
| Northwest Natural Holding Company (NWN)vs › | $2.03B | 0.55 | 0.63 | 0.67 | 0.61 |
| Fluence Energy, Inc. (FLNC)vs › | $1.36B | 0.89 | 1.18 | 1.13 | 0.94 |
Quick Ratio
1.22
Excludes inventory
Current Ratio
1.44
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 | 1.22 |
| 2026-03-31 | 0.87 |
| 2025-12-31 | 0.64 |
| 2025-09-30 | 0.70 |
| 2025-06-30 | 0.56 |
| 2025-03-31 | 1.05 |
| 2024-12-31 | 0.82 |
| 2024-09-30 | 0.60 |
| 2024-06-30 | 0.71 |
| 2024-03-31 | 1.01 |
| 2023-12-31 | 0.79 |
| 2023-09-30 | 0.71 |
| 2023-06-30 | 0.78 |
| 2023-03-31 | 1.02 |
| 2022-12-31 | 0.84 |
| 2022-09-30 | 1.28 |
| 2022-06-30 | 1.46 |
| 2022-03-31 | 1.50 |
| 2021-12-31 | 1.12 |
| 2021-09-30 | 1.22 |
| 2021-06-30 | 1.22 |
| 2021-03-31 | 1.12 |
| 2020-12-31 | 0.91 |
| 2020-09-30 | 0.74 |
| 2020-06-30 | 0.83 |
| 2020-03-31 | 0.80 |
| 2019-12-31 | 0.71 |
| 2019-09-30 | 0.66 |
| 2019-06-30 | 0.94 |
| 2019-03-31 | 1.10 |
| 2018-12-31 | 0.89 |
| 2018-09-30 | 0.91 |
| 2018-06-30 | 0.99 |
| 2018-03-31 | 1.10 |
| 2017-12-31 | 0.85 |
| 2017-09-30 | 0.84 |
| 2017-06-30 | 1.06 |
| 2017-03-31 | 1.27 |
| 2016-12-31 | 1.07 |
| 2016-09-30 | 0.84 |
| 2016-06-30 | 1.07 |
| 2016-03-31 | 1.04 |
| 2015-12-31 | 0.75 |
| 2015-09-30 | 0.73 |
| 2015-06-30 | 1.01 |
| 2015-03-31 | 0.95 |
| 2014-12-31 | 0.84 |
| 2014-09-30 | 0.87 |
| 2014-06-30 | 1.08 |
| 2014-03-31 | 1.18 |
| 2013-12-31 | 0.97 |
| 2013-09-30 | 0.89 |
| 2013-06-30 | 0.95 |
| 2013-03-31 | 1.07 |
| 2012-12-31 | 0.86 |
| 2012-09-30 | 0.75 |
| 2012-06-30 | 0.93 |
| 2012-03-31 | 1.07 |
| 2011-12-31 | 0.82 |
| 2011-09-30 | 0.87 |
| 2011-06-30 | 0.98 |
| 2011-03-31 | 1.11 |
| 2010-12-31 | 0.62 |
| 2010-09-30 | 0.54 |
| 2010-06-30 | 0.65 |
| 2010-03-31 | 0.76 |
| 2009-12-31 | 0.87 |
| 2009-09-30 | 0.75 |
| 2009-06-30 | 0.94 |
| 2009-03-31 | 1.03 |
| 2008-12-31 | 0.81 |
| 2008-09-30 | 0.79 |
| 2008-06-30 | 1.00 |
| 2008-03-31 | 1.06 |
| 2007-12-31 | 0.88 |
| 2007-09-30 | 0.77 |
| 2007-06-30 | 0.98 |
| 2007-03-31 | 1.07 |
| 2006-12-31 | 0.77 |
| 2006-09-30 | 0.68 |
| 2006-06-30 | 1.15 |
| 2006-03-31 | 1.21 |
| 2005-12-31 | 0.89 |
| 2005-09-30 | 0.80 |
| 2005-06-30 | 0.83 |
| 2005-03-31 | 0.94 |
| 2004-12-31 | 0.75 |
| 2004-09-30 | 0.70 |
| 2004-06-30 | 0.91 |
| 2004-03-31 | 1.08 |
| 2003-12-31 | 0.86 |
| 2003-09-30 | 0.80 |
| 2003-06-30 | 0.88 |
| 2003-03-31 | 0.97 |
| 2002-12-31 | 0.84 |
| 2002-09-30 | 0.72 |