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 1.03 is 11% above its 5-year average of 0.93, around the middle of its 5-year range (0.70–1.22).
As of the fiscal period ended Tuesday, March 31, 2026. 19.51% above its 12-month average of 0.86.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.03
QUICK RATIO (ACID-TEST) AVG TTM
0.86
QUICK RATIO (ACID-TEST) AVG 3Y
0.99
QUICK RATIO (ACID-TEST) AVG 5Y
0.93
QUICK RATIO (ACID-TEST) AVG 10Y
0.85
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+19.51%
CURRENT VS 3Y AVG
+3.51%
CURRENT VS 5Y AVG
+10.79%
CURRENT VS 10Y AVG
+20.18%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.25
median of 69 covered companies
CURRENT VS SECTOR MEDIAN
-17.89%
vs the sector median at left
Market Cap
$22.03B
Quick Ratio (Acid-Test)
4.50
TTM Avg
5.66
3Y Avg
6.29
5Y Avg
6.48
Market Cap
$18.99B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.04
3Y Avg
0.96
5Y Avg
0.94
Market Cap
$24.28B
Quick Ratio (Acid-Test)
4.58
TTM Avg
2.59
3Y Avg
3.09
5Y Avg
3.29
Market Cap
$16.41B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.83
3Y Avg
0.68
5Y Avg
0.84
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Viatris Inc. (VTRS) | $20.55B | 1.03 | 0.86 | 0.99 | 0.93 |
| United Therapeutics Corporation (UTHR)vs › | $22.03B | 4.50 | 5.66 | 6.29 | 6.48 |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.99B | 0.95 | 1.04 | 0.96 | 0.94 |
| Moderna, Inc. (MRNA)vs › | $22.32B | 2.18 | 3.42 | 3.19 | 2.63 |
| STERIS plc (STE)vs › | $22.68B | 1.54 | 1.46 | 1.73 | 1.65 |
| BioNTech SE (BNTX)vs › | $23.16B | 8.74 | 7.42 | 7.84 | 6.36 |
| Hologic, Inc. (HOLX)vs › | $16.97B | 3.32 | 3.04 | 3.12 | 2.66 |
| Incyte Corporation (INCY)vs › | $24.28B | 4.58 | 2.59 | 3.09 | 3.29 |
| Medpace Holdings, Inc. (MEDP)vs › | $16.41B | N/A | 0.83 | 0.68 | 0.84 |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.72B | 2.12 | 2.22 | 2.40 | 2.33 |
Quick Ratio
1.03
Excludes inventory
Current Ratio
1.60
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) |
|---|---|
| 2026-03-31 | 1.03 |
| 2025-12-31 | 0.74 |
| 2025-09-30 | 0.79 |
| 2025-06-30 | 0.77 |
| 2025-03-31 | 0.97 |
| 2024-12-31 | 0.98 |
| 2024-09-30 | 0.96 |
| 2024-06-30 | 1.02 |
| 2024-03-31 | 1.17 |
| 2023-12-31 | 1.22 |
| 2023-09-30 | 1.06 |
| 2023-06-30 | 0.94 |
| 2023-03-31 | 0.98 |
| 2022-12-31 | 1.05 |
| 2022-09-30 | 1.09 |
| 2022-06-30 | 0.98 |
| 2022-03-31 | 0.82 |
| 2021-12-31 | 0.70 |
| 2021-09-30 | 0.72 |
| 2021-06-30 | 0.72 |
| 2021-03-31 | 0.74 |
| 2020-12-31 | 0.70 |
| 2020-09-27 | 0.59 |
| 2020-06-28 | 0.53 |
| 2020-03-29 | 0.76 |
| 2019-12-31 | 0.73 |
| 2019-09-29 | 0.84 |
| 2019-06-29 | 0.77 |
| 2019-03-30 | 0.85 |
| 2018-12-30 | 0.83 |
| 2018-09-29 | 0.77 |
| 2018-06-29 | 0.77 |
| 2018-03-30 | 0.65 |
| 2017-12-30 | 0.73 |
| 2017-09-29 | 0.95 |
| 2017-06-29 | 0.84 |
| 2017-03-30 | 1.00 |
| 2016-12-30 | 1.01 |
| 2016-09-29 | 0.55 |
| 2016-06-29 | 2.65 |
| 2016-03-30 | 1.13 |
| 2015-12-30 | 1.10 |
| 2015-09-29 | 1.23 |
| 2015-06-29 | 1.11 |
| 2015-03-30 | 1.04 |
| 2014-12-30 | 0.90 |
| 2014-09-29 | 0.92 |
| 2014-06-29 | 1.03 |
| 2014-03-30 | 0.98 |
| 2013-12-30 | 0.95 |
| 2013-09-29 | 1.05 |
