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 1.30 is in line with its 5-year average of 1.39, near the low end of its 5-year range (1.13–1.77).
As of the fiscal period ended Tuesday, June 30, 2026. 6.41% below its 12-month average of 1.39.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.30
QUICK RATIO (ACID-TEST) AVG TTM
1.39
QUICK RATIO (ACID-TEST) AVG 3Y
1.46
QUICK RATIO (ACID-TEST) AVG 5Y
1.39
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-6.41%
CURRENT VS 3Y AVG
-10.75%
CURRENT VS 5Y AVG
-6.37%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.26
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+3.10%
vs the sector median at left
Market Cap
$32.38B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
Market Cap
$31.37B
Quick Ratio (Acid-Test)
2.99
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
Market Cap
$31.00B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.39
3Y Avg
1.50
5Y Avg
1.54
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alcon Inc. (ALC) | $34.88B | 1.30 | 1.39 | 1.46 | 1.39 |
| ResMed Inc. (RMD)vs › | $34.60B | 2.42 | 2.47 | 2.11 | 1.90 |
| DexCom, Inc. (DXCM)vs › | $34.13B | 1.43 | 1.44 | 1.80 | 2.83 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $32.38B | 0.72 | 0.86 | 0.82 | 0.76 |
| Zoetis Inc. (ZTS)vs › | $32.15B | 1.84 | 1.51 | 1.66 | 1.96 |
| Biogen Inc. (BIIB)vs › | $32.10B | 1.26 | 1.46 | 1.69 | 1.64 |
| Centene Corp. (CNC)vs › | $31.95B | N/A | 1.40 | 1.24 | 1.19 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.37B | 2.99 | 2.71 | 2.94 | 3.33 |
| Waters Corporation (WAT)vs › | $31.00B | 1.29 | 1.39 | 1.50 | 1.54 |
| Medline Inc. (MDLN)vs › | $29.72B | 2.61 | 1.97 | 2.09 | 2.09 |
Quick Ratio
1.30
Excludes inventory
Current Ratio
2.09
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 | 1.30 |
| 2026-03-31 | 1.39 |
| 2025-12-31 | 1.33 |
| 2025-09-30 | 1.30 |
| 2025-06-30 | 1.61 |
| 2025-03-31 | 1.66 |
| 2024-12-31 | 1.77 |
| 2024-09-30 | 1.60 |
| 2024-06-30 | 1.56 |
| 2024-03-31 | 1.49 |
| 2023-12-31 | 1.39 |
| 2023-09-30 | 1.29 |
| 2023-06-30 | 1.22 |
| 2023-03-31 | 1.20 |
| 2022-12-31 | 1.13 |
| 2022-09-30 | 1.35 |
| 2022-06-30 | 1.31 |
| 2022-03-31 | 1.31 |
| 2021-12-31 | 1.41 |
| 2021-09-30 | 1.44 |
| 2021-06-30 | 1.46 |
| 2021-03-31 | 1.67 |
| 2020-12-31 | 1.48 |
| 2020-09-30 | 1.50 |
| 2020-06-30 | 1.43 |
| 2020-03-31 | 1.22 |
| 2019-12-31 | 1.19 |
| 2019-09-30 | 1.21 |
| 2019-06-30 | 0.69 |
| 2019-03-31 | 0.00 |
| 2018-12-31 | 1.03 |
| 2018-09-30 | 1.03 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 1.12 |
