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 1.78 is 367% above its 5-year average of 0.38, near the high end of its 5-year range (0.24–1.78).
As of the fiscal period ended Tuesday, June 30, 2026. 193.46% above its 12-month average of 0.61.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.78
QUICK RATIO (ACID-TEST) AVG TTM
0.61
QUICK RATIO (ACID-TEST) AVG 3Y
0.28
QUICK RATIO (ACID-TEST) AVG 5Y
0.31
QUICK RATIO (ACID-TEST) AVG 10Y
0.32
QUICK RATIO (ACID-TEST) AVG 15Y
0.26
QUICK RATIO (ACID-TEST) AVG 20Y
0.24
CURRENT VS TTM AVG
+193.46%
CURRENT VS 3Y AVG
+537.67%
CURRENT VS 5Y AVG
+471.76%
CURRENT VS 10Y AVG
+456.00%
CURRENT VS 15Y AVG
+573.53%
CURRENT VS 20Y AVG
+657.17%
SECTOR MEDIAN · FINANCIAL SERVICES
0.90
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+97.87%
vs the sector median at left
Market Cap
$100.39B
Quick Ratio (Acid-Test)
0.11
TTM Avg
0.13
3Y Avg
0.17
5Y Avg
0.27
Market Cap
$97.40B
Quick Ratio (Acid-Test)
0.70
TTM Avg
0.68
3Y Avg
0.72
5Y Avg
0.75
Market Cap
$94.64B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.79
3Y Avg
0.65
5Y Avg
0.67
Market Cap
$94.21B
Quick Ratio (Acid-Test)
92.97
TTM Avg
46.99
3Y Avg
24.00
5Y Avg
16.34
Market Cap
$107.43B
Quick Ratio (Acid-Test)
0.70
TTM Avg
0.68
3Y Avg
0.72
5Y Avg
0.75
Market Cap
$92.18B
Quick Ratio (Acid-Test)
79.85
TTM Avg
41.98
3Y Avg
22.54
5Y Avg
15.67
Market Cap
$91.72B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.11
3Y Avg
1.10
5Y Avg
1.15
Market Cap
$86.37B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.00
3Y Avg
1.02
5Y Avg
1.01
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| U.S. Bancorp (USB) | $100.36B | 1.78 | 0.61 | 0.28 | 0.31 |
| The PNC Financial Services Group, Inc. (PNC)vs › | $100.39B | 0.11 | 0.13 | 0.17 | 0.27 |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 0.70 | 0.68 | 0.72 | 0.75 |
| Brookfield Corporation (BN)vs › | $94.64B | 1.00 | 0.79 | 0.65 | 0.67 |
| CME Group Inc. (CME)vs › | $94.21B | 92.97 | 46.99 | 24.00 | 16.34 |
| Bank of New York Mellon Corp (BNY)vs › | $107.43B | 0.70 | 0.68 | 0.72 | 0.75 |
| KKR & Co. Inc. (KKR)vs › | $92.18B | 79.85 | 41.98 | 22.54 | 15.67 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $91.72B | 1.10 | 1.11 | 1.10 | 1.15 |
| Intercontinental Exchange, Inc. (ICE)vs › | $86.37B | 1.02 | 1.00 | 1.02 | 1.01 |
| Moody's Corporation (MCO)vs › | $83.86B | 1.74 | 1.58 | 1.65 | 1.70 |
Quick Ratio
1.78
Excludes inventory
Current Ratio
0.26
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 | 1.78 |
| 2026-03-31 | 0.40 |
| 2025-12-31 | 0.26 |
| 2025-09-30 | 0.30 |
| 2025-06-30 | 0.29 |
| 2025-03-31 | 0.27 |
| 2024-12-31 | 0.28 |
| 2024-09-30 | 0.30 |
| 2024-06-30 | 0.29 |
| 2024-03-31 | 0.29 |
| 2023-12-31 | 0.26 |
| 2023-09-30 | 0.26 |
| 2023-06-30 | 0.27 |
| 2023-03-31 | 0.25 |
| 2022-12-31 | 0.24 |
| 2022-09-30 | 0.24 |
| 2022-06-30 | 0.30 |
| 2022-03-31 | 0.37 |
| 2021-12-31 | 0.37 |
| 2021-09-30 | 0.49 |
| 2021-06-30 | 0.48 |
| 2021-03-31 | 0.48 |
| 2020-12-31 | 0.48 |
| 2020-09-30 | 0.45 |
| 2020-06-30 | 0.45 |
| 2020-03-31 | 0.44 |
| 2019-12-31 | 0.41 |
| 2019-09-30 | 0.28 |
| 2019-06-30 | 0.27 |
| 2019-03-31 | 0.27 |
| 2018-12-31 | 0.28 |
| 2018-09-30 | 0.27 |
| 2018-06-30 | 0.27 |
| 2018-03-31 | 0.27 |
| 2017-12-31 | 0.28 |
| 2017-09-30 | 0.28 |
| 2017-06-30 | 0.30 |
| 2017-03-31 | 0.28 |
| 2016-12-31 | 0.27 |
| 2016-09-30 | 0.29 |
| 2016-06-30 | 0.27 |
| 2016-03-31 | 0.26 |
| 2015-12-31 | 0.25 |
| 2015-09-30 | 0.25 |
| 2015-06-30 | 0.26 |
| 2015-03-31 | 0.26 |
| 2014-12-31 | 0.25 |
| 2014-09-30 | 0.21 |
| 2014-06-30 | 0.22 |
| 2014-03-31 | 0.20 |
| 2013-12-31 | 0.21 |
| 2013-09-30 | 0.20 |
| 2013-06-30 | 0.19 |
| 2013-03-31 | 0.19 |
| 2012-12-31 | 0.21 |
| 2012-09-30 | 0.03 |
| 2012-06-30 | 0.06 |
| 2012-03-31 | 0.04 |
| 2011-12-31 | 0.27 |
| 2011-09-30 | 0.05 |
| 2011-06-30 | 0.06 |
| 2011-03-31 | 0.06 |
| 2010-12-31 | 0.32 |
| 2010-09-30 | 0.02 |
| 2010-06-30 | 0.02 |
| 2010-03-31 | 0.04 |
| 2009-12-31 | 0.29 |
| 2009-09-30 | 0.03 |
| 2009-06-30 | 0.03 |
| 2009-03-31 | 0.03 |
| 2008-12-31 | 0.30 |
| 2008-09-30 | 0.04 |
| 2008-06-30 | 0.05 |
| 2008-03-31 | 0.04 |
| 2007-12-31 | 0.39 |
| 2007-09-30 | 0.04 |
| 2007-06-30 | 0.04 |
| 2007-03-31 | 0.04 |
| 2006-12-31 | 0.40 |
| 2006-09-30 | 0.04 |
| 2006-06-30 | 0.05 |
| 2006-03-31 | 0.05 |
| 2005-12-31 | 0.41 |
| 2005-09-30 | 0.05 |
| 2005-06-30 | 0.05 |
| 2005-03-31 | 0.04 |
| 2004-12-31 | 0.05 |
| 2004-09-30 | 0.05 |
| 2004-06-30 | 0.06 |
| 2004-03-31 | 0.05 |
| 2003-12-31 | 0.07 |
| 2003-09-30 | 0.08 |
| 2003-06-30 | 0.11 |
| 2003-03-31 | 0.08 |
| 2002-12-31 | 0.09 |
| 2002-09-30 | 0.08 |
