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 1.28 is 11% above its 5-year average of 1.15, around the middle of its 5-year range (1.01–1.41).
As of the fiscal period ended Tuesday, March 31, 2026. 8.79% above its 12-month average of 1.18.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.28
QUICK RATIO (ACID-TEST) AVG TTM
1.18
QUICK RATIO (ACID-TEST) AVG 3Y
1.10
QUICK RATIO (ACID-TEST) AVG 5Y
1.14
QUICK RATIO (ACID-TEST) AVG 10Y
1.56
QUICK RATIO (ACID-TEST) AVG 15Y
2.03
QUICK RATIO (ACID-TEST) AVG 20Y
2.27
CURRENT VS TTM AVG
+8.79%
CURRENT VS 3Y AVG
+16.56%
CURRENT VS 5Y AVG
+12.71%
CURRENT VS 10Y AVG
-17.81%
CURRENT VS 15Y AVG
-37.00%
CURRENT VS 20Y AVG
-43.66%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+5.83%
vs the sector median at left
Align Technology, Inc.
Market Cap
$11.96B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.18
3Y Avg
1.10
5Y Avg
1.14
Market Cap
$11.57B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.31
3Y Avg
1.23
5Y Avg
1.40
Market Cap
$11.21B
Quick Ratio (Acid-Test)
2.38
TTM Avg
2.56
3Y Avg
2.82
5Y Avg
2.96
Market Cap
$10.91B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.07
3Y Avg
1.10
5Y Avg
1.11
Market Cap
$13.51B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.86
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$10.37B
Quick Ratio (Acid-Test)
0.37
TTM Avg
0.33
3Y Avg
0.35
5Y Avg
0.35
Market Cap
$10.31B
Quick Ratio (Acid-Test)
1.69
TTM Avg
1.66
3Y Avg
1.58
5Y Avg
1.56
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Align Technology, Inc. (ALGN) | $11.96B | 1.28 | 1.18 | 1.10 | 1.14 |
| Revvity, Inc. (RVTY)vs › | $12.32B | 1.40 | 2.21 | 2.02 | 1.79 |
| Baxter International Inc. (BAX)vs › | $11.57B | 1.56 | 1.31 | 1.23 | 1.40 |
| Insulet Corp. (PODD)vs › | $11.31B | 2.11 | 2.42 | 2.51 | 3.28 |
| Bio-Techne Corporation (TECH)vs › | $11.21B | 2.38 | 2.56 | 2.82 | 2.96 |
| Charles River Laboratories International, Inc. (CRL)vs › | $10.91B | 1.02 | 1.07 | 1.10 | 1.11 |
| Solventum Corporation (SOLV)vs › | $13.51B | 0.89 | 0.86 | 0.93 | 0.94 |
| Walgreens Boots Alliance, Inc. (WBA)vs › | $10.37B | 0.37 | 0.33 | 0.35 | 0.35 |
| Molina Healthcare, Inc. (MOH)vs › | $10.31B | 1.69 | 1.66 | 1.58 | 1.56 |
| The Cooper Companies, Inc. (COO)vs › | $13.71B | 1.13 | 1.13 | 0.99 | 0.98 |
Quick Ratio
1.28
Excludes inventory
Current Ratio
1.36
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 | 1.28 |
| 2025-12-31 | 1.24 |
| 2025-09-30 | 1.17 |
| 2025-06-30 | 1.10 |
| 2025-03-31 | 1.08 |
| 2024-12-31 | 1.10 |
| 2024-09-30 | 1.14 |
| 2024-06-30 | 1.06 |
| 2024-03-31 | 1.09 |
| 2023-12-31 | 1.04 |
| 2023-09-30 | 1.13 |
| 2023-06-30 | 1.02 |
| 2023-03-31 | 1.01 |
| 2022-12-31 | 1.08 |
| 2022-09-30 | 1.20 |
| 2022-06-30 | 1.15 |
| 2022-03-31 | 1.18 |
| 2021-12-31 | 1.18 |
| 2021-09-30 | 1.26 |
| 2021-06-30 | 1.21 |
| 2021-03-31 | 1.41 |
| 2020-12-31 | 1.29 |
| 2020-09-30 | 1.20 |
| 2020-06-30 | 1.08 |
| 2020-03-31 | 1.60 |
| 2019-12-31 | 1.57 |
| 2019-09-30 | 1.62 |
| 2019-06-30 | 1.74 |
| 2019-03-31 | 1.70 |
| 2018-12-31 | 1.80 |
| 2018-09-30 | 1.90 |
| 2018-06-30 | 2.14 |
| 2018-03-31 | 2.19 |
| 2017-12-31 | 2.26 |
| 2017-09-30 | 2.31 |
| 2017-06-30 | 2.28 |
| 2017-03-31 | 2.42 |
| 2016-12-31 | 2.61 |
| 2016-09-30 | 2.58 |
| 2016-06-30 | 2.68 |
| 2016-03-31 | 2.77 |
| 2015-12-31 | 2.62 |
| 2015-09-30 | 2.83 |
| 2015-06-30 | 2.88 |
| 2015-03-31 | 3.20 |
| 2014-12-31 | 3.18 |
| 2014-09-30 | 3.02 |
| 2014-06-30 | 2.89 |
| 2014-03-31 | 3.13 |
| 2013-12-31 | 3.03 |
| 2013-09-30 | 2.86 |
| 2013-06-30 | 2.65 |
| 2013-03-31 | 3.56 |
| 2012-12-31 | 3.02 |
| 2012-09-30 | 3.09 |
| 2012-06-30 | 2.92 |
| 2012-03-31 | 2.74 |
| 2011-12-31 | 2.53 |
| 2011-09-30 | 2.65 |
| 2011-06-30 | 2.56 |
| 2011-03-31 | 4.72 |
| 2010-12-31 | 4.15 |
| 2010-09-30 | 4.44 |
| 2010-06-30 | 4.45 |
| 2010-03-31 | 3.70 |
| 2009-12-31 | 3.19 |
| 2009-09-30 | 3.23 |
| 2009-06-30 | 3.03 |
| 2009-03-31 | 3.11 |
| 2008-12-31 | 2.90 |
| 2008-09-30 | 3.01 |
| 2008-06-30 | 2.96 |
| 2008-03-31 | 3.49 |
| 2007-12-31 | 2.95 |
| 2007-09-30 | 2.92 |
| 2007-06-30 | 2.51 |
| 2007-03-31 | 1.93 |
| 2006-12-31 | 1.55 |
| 2006-09-30 | 1.87 |
| 2006-06-30 | 2.44 |
| 2006-03-31 | 2.27 |
| 2005-12-31 | 2.24 |
| 2005-09-30 | 2.16 |
| 2005-06-30 | 2.18 |
| 2005-03-31 | 2.35 |
| 2004-12-31 | 2.31 |
| 2004-09-30 | 2.36 |
| 2004-06-30 | 2.34 |
| 2004-03-31 | 2.32 |
| 2003-12-31 | 2.00 |
| 2003-09-30 | 1.98 |
| 2003-06-30 | 1.93 |
| 2003-03-31 | 3.12 |
| 2002-12-31 | 3.49 |
| 2002-09-30 | 2.95 |
| 2002-06-30 | 3.34 |