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 0.77 is 13% below its 5-year average of 0.88, around the middle of its 5-year range (0.50–1.10).
As of the fiscal period ended Tuesday, March 31, 2026. 6.56% below its 12-month average of 0.83.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.77
QUICK RATIO (ACID-TEST) AVG TTM
0.83
QUICK RATIO (ACID-TEST) AVG 3Y
0.97
QUICK RATIO (ACID-TEST) AVG 5Y
0.88
QUICK RATIO (ACID-TEST) AVG 10Y
0.71
QUICK RATIO (ACID-TEST) AVG 15Y
0.70
QUICK RATIO (ACID-TEST) AVG 20Y
0.79
CURRENT VS TTM AVG
-6.56%
CURRENT VS 3Y AVG
-20.06%
CURRENT VS 5Y AVG
-12.82%
CURRENT VS 10Y AVG
+8.69%
CURRENT VS 15Y AVG
+10.97%
CURRENT VS 20Y AVG
-2.93%
SECTOR MEDIAN · ENERGY
0.99
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-22.07%
vs the sector median at left
Exxon Mobil Corporation
Market Cap
$644.38B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.83
3Y Avg
0.97
5Y Avg
0.88
Market Cap
$392.09B
Quick Ratio (Acid-Test)
0.86
TTM Avg
0.84
3Y Avg
0.98
5Y Avg
0.98
Market Cap
$99.45B
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.55
3Y Avg
0.60
5Y Avg
0.61
Market Cap
$92.91B
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.07
3Y Avg
1.06
5Y Avg
1.03
Market Cap
$92.39B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.72
3Y Avg
0.98
5Y Avg
1.07
Market Cap
$87.49B
Quick Ratio (Acid-Test)
0.48
TTM Avg
0.46
3Y Avg
0.59
5Y Avg
0.63
Market Cap
$82.32B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.71
5Y Avg
0.74
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Exxon Mobil Corporation (XOM) | $644.38B | 0.77 | 0.83 | 0.97 | 0.88 |
| Chevron Corporation (CVX)vs › | $392.09B | 0.86 | 0.84 | 0.98 | 0.98 |
| ConocoPhillips (COP)vs › | $146.78B | 1.14 | 1.14 | 1.23 | 1.37 |
| Canadian Natural Resources Limited (CNQ)vs › | $99.45B | 0.63 | 0.55 | 0.60 | 0.61 |
| Valero Energy Corporation (VLO)vs › | $92.91B | 1.11 | 1.07 | 1.06 | 1.03 |
| Marathon Petroleum Corporation (MPC)vs › | $92.39B | 0.74 | 0.72 | 0.98 | 1.07 |
| The Williams Companies, Inc. (WMB)vs › | $87.49B | 0.48 | 0.46 | 0.59 | 0.63 |
| Phillips 66 (PSX)vs › | $84.87B | 0.91 | 0.92 | 1.00 | 0.98 |
| Enterprise Products Partners L.P. (EPD)vs › | $82.32B | 0.74 | 0.74 | 0.71 | 0.74 |
| Eni S.p.A. (E)vs › | $80.49B | 1.04 | 1.02 | 1.07 | 1.11 |
Quick Ratio
0.77
Excludes inventory
Current Ratio
1.15
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 | 0.77 |
| 2025-12-31 | 0.79 |
| 2025-09-30 | 0.79 |
| 2025-06-30 | 0.88 |
| 2025-03-31 | 0.90 |
| 2024-12-31 | 0.97 |
| 2024-09-30 | 1.01 |
| 2024-06-30 | 1.01 |
| 2024-03-31 | 1.06 |
| 2023-12-31 | 1.09 |
| 2023-09-30 | 1.08 |
| 2023-06-30 | 1.09 |
| 2023-03-31 | 1.10 |
| 2022-12-31 | 1.06 |
| 2022-09-30 | 1.02 |
| 2022-06-30 | 0.87 |
| 2022-03-31 | 0.76 |
| 2021-12-31 | 0.71 |
| 2021-09-30 | 0.58 |
| 2021-06-30 | 0.54 |
| 2021-03-31 | 0.50 |
| 2020-12-31 | 0.46 |
| 2020-09-30 | 0.55 |
| 2020-06-30 | 0.58 |
| 2020-03-31 | 0.52 |
| 2019-12-31 | 0.49 |
| 2019-09-30 | 0.50 |
| 2019-06-30 | 0.47 |
| 2019-03-31 | 0.50 |
| 2018-12-31 | 0.51 |
| 2018-09-30 | 0.54 |
| 2018-06-30 | 0.51 |
| 2018-03-31 | 0.50 |
| 2017-12-31 | 0.52 |
| 2017-09-30 | 0.54 |
| 2017-06-30 | 0.53 |
| 2017-03-31 | 0.53 |
| 2016-12-31 | 0.55 |
| 2016-09-30 | 0.55 |
| 2016-06-30 | 0.58 |
| 2016-03-31 | 0.58 |
| 2015-12-31 | 0.49 |
| 2015-09-30 | 0.56 |
| 2015-06-30 | 0.60 |
| 2015-03-31 | 0.62 |
| 2014-12-31 | 0.56 |
| 2014-09-30 | 0.62 |
| 2014-06-30 | 0.66 |
| 2014-03-31 | 0.62 |
| 2013-12-31 | 0.60 |
| 2013-09-30 | 0.61 |
| 2013-06-30 | 0.63 |
| 2013-03-31 | 0.66 |
| 2012-12-31 | 0.78 |
| 2012-09-30 | 0.79 |
| 2012-06-30 | 0.82 |
| 2012-03-31 | 0.77 |
| 2011-12-31 | 0.75 |
| 2011-09-30 | 0.70 |
| 2011-06-30 | 0.71 |
| 2011-03-31 | 0.76 |
| 2010-12-31 | 0.73 |
| 2010-09-30 | 0.78 |
| 2010-06-30 | 0.84 |
| 2010-03-31 | 0.83 |
| 2009-12-31 | 0.84 |
| 2009-09-30 | 0.85 |
| 2009-06-30 | 0.91 |
| 2009-03-31 | 1.05 |
| 2008-12-31 | 1.23 |
| 2008-09-30 | 1.18 |
| 2008-06-30 | 1.14 |
| 2008-03-31 | 1.16 |
| 2007-12-31 | 1.28 |
| 2007-09-30 | 1.29 |
| 2007-06-30 | 1.31 |
| 2007-03-31 | 1.29 |
| 2006-12-31 | 1.33 |
| 2006-09-30 | 1.26 |
| 2006-06-30 | 1.34 |
| 2006-03-31 | 1.30 |
| 2005-12-31 | 1.38 |
| 2005-09-30 | 1.25 |
| 2005-06-30 | 1.27 |
| 2005-03-31 | 1.22 |
| 2004-12-31 | 1.18 |
| 2004-09-30 | 1.08 |
| 2004-06-30 | 1.07 |
| 2004-03-31 | 1.01 |
| 2003-12-31 | 0.96 |
| 2003-09-30 | 0.86 |
| 2003-06-30 | 0.93 |
| 2003-03-31 | 0.97 |
| 2002-12-31 | 0.91 |
| 2002-09-30 | 0.84 |
| 2002-06-30 | 0.88 |
