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 in line with its 5-year average of 1.05, near the low end of its 5-year range (1.00–1.31).
As of the fiscal period ended Tuesday, June 30, 2026. 2.48% below its 12-month average of 1.06.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.03
QUICK RATIO (ACID-TEST) AVG TTM
1.06
QUICK RATIO (ACID-TEST) AVG 3Y
1.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.05
QUICK RATIO (ACID-TEST) AVG 10Y
1.06
QUICK RATIO (ACID-TEST) AVG 15Y
1.07
QUICK RATIO (ACID-TEST) AVG 20Y
1.08
CURRENT VS TTM AVG
-2.48%
CURRENT VS 3Y AVG
-1.52%
CURRENT VS 5Y AVG
-1.75%
CURRENT VS 10Y AVG
-2.96%
CURRENT VS 15Y AVG
-3.58%
CURRENT VS 20Y AVG
-4.58%
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-4.39%
vs the sector median at left
Market Cap
$65.28B
Quick Ratio (Acid-Test)
0.24
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
0.37
Market Cap
$62.76B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.29
3Y Avg
1.16
5Y Avg
1.13
Market Cap
$62.48B
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.51
3Y Avg
0.38
5Y Avg
0.39
Market Cap
$58.40B
Quick Ratio (Acid-Test)
11.31
TTM Avg
12.39
3Y Avg
12.39
5Y Avg
12.39
Market Cap
$72.38B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$75.44B
Quick Ratio (Acid-Test)
3.21
TTM Avg
0.79
3Y Avg
0.78
5Y Avg
0.93
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $64.63B | 1.03 | 1.06 | 1.05 | 1.05 |
| The Allstate Corporation (ALL)vs › | $65.28B | 0.24 | 0.37 | 0.37 | 0.37 |
| Arthur J. Gallagher & Co. (AJG)vs › | $62.76B | 1.05 | 1.29 | 1.16 | 1.13 |
| Truist Financial Corporation (TFC)vs › | $62.48B | 0.18 | 0.51 | 0.38 | 0.39 |
| MetLife, Inc. (MET)vs › | $61.57B | 453.01 | 0.60 | 0.97 | 1.07 |
| Aflac Incorporated (AFL)vs › | $58.40B | 11.31 | 12.39 | 12.39 | 12.39 |
| VanEck Semiconductor ETF (SMH)vs › | $72.38B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $72.65B | 0.25 | 0.77 | 0.94 | 0.90 |
| Apollo Global Management, Inc. (APO)vs › | $75.44B | 3.21 | 0.79 | 0.78 | 0.93 |
| State Street Corporation (STT)vs › | $53.11B | 1.92 | 0.59 | 0.60 | 0.63 |
Quick Ratio
1.03
Excludes inventory
Current Ratio
1.03
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 | 1.03 |
| 2026-03-31 | 1.07 |
| 2025-12-31 | 1.11 |
| 2025-09-30 | 1.06 |
| 2025-06-30 | 1.03 |
| 2025-03-31 | 1.05 |
| 2024-12-31 | 1.02 |
| 2024-09-30 | 1.07 |
| 2024-06-30 | 1.09 |
| 2024-03-31 | 1.31 |
| 2023-12-31 | 1.00 |
| 2023-09-30 | 1.02 |
| 2023-06-30 | 1.04 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 1.02 |
| 2022-09-30 | 1.03 |
| 2022-06-30 | 1.05 |
| 2022-03-31 | 1.07 |
| 2021-12-31 | 1.00 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 1.12 |
| 2021-03-31 | 1.12 |
| 2020-12-31 | 1.07 |
| 2020-09-30 | 1.08 |
| 2020-06-30 | 1.09 |
| 2020-03-31 | 1.01 |
| 2019-12-31 | 1.06 |
| 2019-09-30 | 1.03 |
| 2019-06-30 | 1.08 |
| 2019-03-31 | 1.10 |
| 2018-12-31 | 1.08 |
| 2018-09-30 | 1.06 |
| 2018-06-30 | 1.07 |
| 2018-03-31 | 1.11 |
| 2017-12-31 | 1.07 |
| 2017-09-30 | 1.14 |
| 2017-06-30 | 1.17 |
| 2017-03-31 | 1.19 |
| 2016-12-31 | 1.05 |
| 2016-09-30 | 1.10 |
| 2016-06-30 | 1.09 |
| 2016-03-31 | 1.10 |
| 2015-12-31 | 1.07 |
| 2015-09-30 | 1.03 |
| 2015-06-30 | 1.05 |
| 2015-03-31 | 1.06 |
| 2014-12-31 | 1.05 |
| 2014-09-30 | 1.06 |
| 2014-06-30 | 1.10 |
| 2014-03-31 | 1.04 |
| 2013-12-31 | 1.06 |
| 2013-09-30 | 1.03 |
| 2013-06-30 | 1.08 |
| 2013-03-31 | 1.07 |
| 2012-12-31 | 1.09 |
| 2012-09-30 | 1.13 |
| 2012-06-30 | 1.12 |
| 2012-03-31 | 1.14 |
| 2011-12-31 | 1.13 |
| 2011-09-30 | 1.14 |
| 2011-06-30 | 1.14 |
| 2011-03-31 | 1.15 |
| 2010-12-31 | 1.12 |
| 2010-09-30 | 1.24 |
| 2010-06-30 | 1.10 |
| 2010-03-31 | 1.12 |
| 2009-12-31 | 1.11 |
| 2009-09-30 | 1.15 |
| 2009-06-30 | 1.07 |
| 2009-03-31 | 1.14 |
| 2008-12-31 | 1.13 |
| 2008-09-30 | 1.29 |
| 2008-06-30 | 1.25 |
| 2008-03-31 | 1.21 |
| 2007-12-31 | 1.24 |
| 2007-09-30 | 0.91 |
| 2007-06-30 | 0.92 |
| 2007-03-31 | 0.92 |
| 2006-12-31 | 1.22 |
| 2006-09-30 | 0.94 |
| 2006-06-30 | 0.91 |
| 2006-03-31 | 0.73 |
| 2005-12-31 | 0.99 |
| 2005-09-30 | 0.79 |
| 2005-06-30 | 0.72 |
| 2005-03-31 | 0.74 |
| 2004-12-31 | 0.76 |
| 2004-09-30 | 0.70 |
| 2004-06-30 | 0.72 |
| 2004-03-31 | 0.73 |
| 2003-12-31 | 0.74 |
| 2003-09-30 | 0.70 |
| 2003-06-30 | 0.73 |
| 2003-03-31 | 0.74 |
| 2002-12-31 | 0.76 |
| 2002-09-30 | 0.74 |