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 1.48 is 14% above its 5-year average of 1.30, near the high end of its 5-year range (0.95–1.71).
As of the fiscal period ended Tuesday, June 30, 2026. 15.11% above its 12-month average of 1.29.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 1.48.
QUICK RATIO (ACID-TEST)
1.48
QUICK RATIO (ACID-TEST) AVG TTM
1.29
QUICK RATIO (ACID-TEST) AVG 3Y
1.23
QUICK RATIO (ACID-TEST) AVG 5Y
1.30
QUICK RATIO (ACID-TEST) AVG 10Y
1.32
QUICK RATIO (ACID-TEST) AVG 15Y
1.16
QUICK RATIO (ACID-TEST) AVG 20Y
1.21
CURRENT VS TTM AVG
+15.11%
CURRENT VS 3Y AVG
+21.11%
CURRENT VS 5Y AVG
+14.01%
CURRENT VS 10Y AVG
+12.46%
CURRENT VS 15Y AVG
+27.97%
CURRENT VS 20Y AVG
+22.69%
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+1.33%
vs the sector median at left
BHP Group Limited
Market Cap
$215.85B
Quick Ratio (Acid-Test)
1.48
TTM Avg
1.29
3Y Avg
1.23
5Y Avg
1.30
Market Cap
$170.14B
Quick Ratio (Acid-Test)
4.56
TTM Avg
2.84
3Y Avg
2.88
5Y Avg
2.77
Market Cap
$153.66B
Quick Ratio (Acid-Test)
0.93
TTM Avg
1.05
3Y Avg
1.09
5Y Avg
1.22
Market Cap
$127.95B
Quick Ratio (Acid-Test)
1.78
TTM Avg
1.58
3Y Avg
1.40
5Y Avg
1.64
Market Cap
$103.94B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.11
3Y Avg
1.31
5Y Avg
1.43
Market Cap
$90.98B
Quick Ratio (Acid-Test)
0.80
TTM Avg
0.78
3Y Avg
0.79
5Y Avg
0.84
Market Cap
$79.89B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.49
3Y Avg
0.51
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $215.85B | 1.48 | 1.29 | 1.23 | 1.30 |
| Linde plc (LIN)vs › | $217.37B | 0.75 | 0.75 | 0.71 | 0.69 |
| Southern Copper Corporation (SCCO)vs › | $170.14B | 4.56 | 2.84 | 2.88 | 2.77 |
| Rio Tinto Group (RIO)vs › | $153.66B | 0.93 | 1.05 | 1.09 | 1.22 |
| Newmont Corporation (NEM)vs › | $127.95B | 1.78 | 1.58 | 1.40 | 1.64 |
| Freeport-McMoRan Inc. (FCX)vs › | $103.94B | 0.92 | 1.11 | 1.31 | 1.43 |
| Johnson Controls International plc (JCI)vs › | $90.98B | 0.80 | 0.78 | 0.79 | 0.84 |
| The Sherwin-Williams Company (SHW)vs › | $79.89B | 0.46 | 0.49 | 0.51 | 0.53 |
| Ecolab Inc. (ECL)vs › | $78.66B | 1.57 | 0.88 | 0.90 | 0.97 |
| Barrick Mining Corporation (B)vs › | $71.85B | 2.36 | 2.24 | 2.25 | 2.49 |
Quick Ratio
1.48
Excludes inventory
Current Ratio
1.88
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 | 1.48 |
| 2025-12-31 | 1.28 |
| 2025-06-30 | 1.11 |
| 2024-12-31 | 1.25 |
| 2024-06-30 | 1.29 |
| 2023-12-31 | 1.22 |
| 2023-06-30 | 0.95 |
| 2022-12-31 | 1.28 |
| 2022-06-30 | 1.40 |
| 2021-12-31 | 1.71 |
| 2021-06-30 | 1.36 |
| 2020-12-31 | 1.09 |
| 2020-06-30 | 1.17 |
| 2019-12-31 | 1.33 |
| 2019-06-30 | 1.58 |
| 2018-12-31 | 2.16 |
| 2018-06-30 | 2.24 |
| 2017-12-31 | 1.40 |
| 2017-06-30 | 1.53 |
| 2016-12-31 | 1.50 |
| 2016-06-30 | 1.16 |
| 2015-12-31 | 1.24 |
| 2015-06-30 | 0.94 |
| 2014-12-31 | 0.96 |
| 2014-06-30 | 0.90 |
| 2013-12-31 | 0.93 |
| 2013-06-30 | 0.65 |
| 2012-12-31 | 0.76 |
| 2012-06-30 | 0.65 |
| 2011-12-31 | 0.57 |
| 2011-06-30 | 0.97 |
| 2010-12-31 | 1.80 |
| 2010-06-30 | 1.52 |
| 2009-12-31 | 1.62 |
| 2009-06-30 | 1.49 |
| 2008-12-31 | 1.12 |
| 2008-06-30 | 1.01 |
| 2007-12-31 | 0.81 |
| 2007-06-30 | 0.76 |
| 2006-12-31 | 0.75 |
| 2006-06-30 | 0.68 |
| 2005-12-31 | 0.63 |
| 2005-06-30 | 0.63 |
| 2004-12-31 | 1.11 |
| 2004-06-30 | 0.91 |
| 2003-12-31 | 1.30 |
| 2003-06-30 | 0.92 |
| 2002-12-31 | 0.76 |
| 2002-06-30 | 0.86 |
| 2001-12-31 | 1.09 |
| 2001-06-30 | 0.74 |
| 2000-12-31 | 0.78 |
| 2000-06-30 | 0.58 |
| 1999-12-30 | 0.57 |
| 1999-05-31 | 0.57 |
| 1998-11-30 | 0.63 |
| 1998-05-31 | 0.70 |
| 1997-11-30 | 0.74 |
| 1997-05-31 | 0.77 |
| 1996-11-30 | 0.69 |
| 1996-05-31 | 0.62 |
| 1995-11-30 | 0.65 |
| 1995-05-31 | 0.70 |
| 1994-11-30 | 0.69 |
| 1994-05-31 | 0.67 |
| 1993-11-30 | 0.61 |
| 1993-05-31 | 0.55 |
| 1992-11-30 | 0.49 |
| 1992-05-31 | 0.45 |
| 1991-11-30 | 0.50 |
| 1991-05-31 | 0.57 |
| 1990-11-30 | 0.66 |
| 1990-05-31 | 0.76 |
| 1989-11-30 | 0.78 |
| 1989-05-31 | 0.80 |
| 1988-11-30 | 0.68 |
| 1988-05-31 | 0.61 |
| 1987-11-30 | 0.61 |
| 1987-05-31 | 0.63 |
| 1986-11-30 | 0.00 |
