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 1.38 is 13% above its 5-year average of 1.22, near the high end of its 5-year range (0.99–1.43).
As of the fiscal period ended Tuesday, June 30, 2026. 13.95% above its 12-month average of 1.22.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.38
QUICK RATIO (ACID-TEST) AVG TTM
1.22
QUICK RATIO (ACID-TEST) AVG 3Y
1.17
QUICK RATIO (ACID-TEST) AVG 5Y
1.22
QUICK RATIO (ACID-TEST) AVG 10Y
1.31
QUICK RATIO (ACID-TEST) AVG 15Y
1.36
QUICK RATIO (ACID-TEST) AVG 20Y
1.42
CURRENT VS TTM AVG
+13.95%
CURRENT VS 3Y AVG
+18.77%
CURRENT VS 5Y AVG
+13.31%
CURRENT VS 10Y AVG
+5.43%
CURRENT VS 15Y AVG
+2.05%
CURRENT VS 20Y AVG
-2.47%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+14.46%
vs the sector median at left
Bristol-Myers Squibb Company
Market Cap
$132.14B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.22
3Y Avg
1.17
5Y Avg
1.22
Market Cap
$134.24B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
Market Cap
$123.70B
Quick Ratio (Acid-Test)
3.91
TTM Avg
3.59
3Y Avg
3.74
5Y Avg
4.30
Market Cap
$122.58B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.61
3Y Avg
0.63
5Y Avg
0.63
Market Cap
$144.25B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.28
3Y Avg
1.37
5Y Avg
1.36
Market Cap
$105.97B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.27
3Y Avg
1.13
5Y Avg
1.20
Market Cap
$104.10B
Quick Ratio (Acid-Test)
0.52
TTM Avg
0.51
3Y Avg
0.51
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bristol-Myers Squibb Company (BMY) | $132.14B | 1.38 | 1.22 | 1.17 | 1.22 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 2.74 | 2.41 | 3.31 | 3.62 |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.70B | 3.91 | 3.59 | 3.74 | 4.30 |
| CVS Health Corp. (CVS)vs › | $122.58B | 0.66 | 0.61 | 0.63 | 0.63 |
| Danaher Corporation (DHR)vs › | $144.25B | 1.25 | 1.28 | 1.37 | 1.36 |
| Medtronic plc (MDT)vs › | $118.26B | N/A | 1.52 | 1.60 | 1.67 |
| Stryker Corporation (SYK)vs › | $105.97B | 1.33 | 1.27 | 1.13 | 1.20 |
| Pfizer Inc. (PFE)vs › | $158.39B | 0.96 | 0.90 | 0.87 | 0.95 |
| McKesson Corporation (MCK)vs › | $104.10B | 0.52 | 0.51 | 0.51 | 0.53 |
| Sanofi (SNY)vs › | $103.62B | 0.23 | 0.93 | 0.95 | 1.02 |
Quick Ratio
1.38
Excludes inventory
Current Ratio
1.53
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 | 1.38 |
| 2026-03-31 | 1.28 |
| 2025-12-31 | 1.14 |
| 2025-09-30 | 1.17 |
| 2025-06-30 | 1.11 |
| 2025-03-31 | 1.17 |
| 2024-12-31 | 1.15 |
| 2024-09-30 | 1.09 |
| 2024-06-30 | 1.02 |
| 2024-03-31 | 0.99 |
| 2023-12-31 | 1.31 |
| 2023-09-30 | 1.07 |
| 2023-06-30 | 1.28 |
| 2023-03-31 | 1.28 |
| 2022-12-31 | 1.14 |
| 2022-09-30 | 1.31 |
| 2022-06-30 | 1.34 |
| 2022-03-31 | 1.23 |
| 2021-12-31 | 1.43 |
| 2021-09-30 | 1.36 |
| 2021-06-30 | 1.42 |
| 2021-03-31 | 1.45 |
| 2020-12-31 | 1.47 |
| 2020-09-30 | 1.58 |
| 2020-06-30 | 1.36 |
| 2020-03-31 | 1.51 |
| 2019-12-31 | 1.37 |
| 2019-09-30 | 3.72 |
| 2019-06-30 | 3.75 |
| 2019-03-31 | 1.79 |
| 2018-12-31 | 1.55 |
| 2018-09-30 | 1.40 |
| 2018-06-30 | 1.28 |
| 2018-03-31 | 1.39 |
| 2017-12-31 | 1.43 |
| 2017-09-30 | 1.46 |
| 2017-06-30 | 1.45 |
| 2017-03-31 | 1.44 |
| 2016-12-31 | 1.41 |
| 2016-09-30 | 1.30 |
| 2016-06-30 | 1.38 |
| 2016-03-31 | 1.30 |
| 2015-12-31 | 1.15 |
| 2015-09-30 | 1.65 |
| 2015-06-30 | 1.58 |
| 2015-03-31 | 1.75 |
| 2014-12-31 | 1.54 |
| 2014-09-30 | 1.56 |
| 2014-06-30 | 1.59 |
| 2014-03-31 | 1.64 |
| 2013-12-31 | 1.40 |
| 2013-09-30 | 1.09 |
| 2013-06-30 | 1.04 |
| 2013-03-31 | 0.98 |
| 2012-12-31 | 0.95 |
| 2012-09-30 | 0.93 |
| 2012-06-30 | 1.36 |
| 2012-03-31 | 1.43 |
| 2011-12-31 | 1.79 |
| 2011-09-30 | 1.85 |
| 2011-06-30 | 1.79 |
| 2011-03-31 | 1.77 |
| 2010-12-31 | 1.79 |
| 2010-09-30 | 2.07 |
| 2010-06-30 | 1.98 |
| 2010-03-31 | 1.87 |
| 2009-12-31 | 1.99 |
| 2009-09-30 | 1.56 |
| 2009-06-30 | 1.90 |
| 2009-03-31 | 2.06 |
| 2008-12-31 | 1.93 |
| 2008-09-30 | 1.83 |
| 2008-06-30 | 1.24 |
| 2008-03-31 | 0.98 |
| 2007-12-31 | 0.95 |
| 2007-09-30 | 1.03 |
| 2007-06-30 | 1.39 |
| 2007-03-31 | 1.34 |
| 2006-12-31 | 1.27 |
| 2006-09-30 | 1.52 |
| 2006-06-30 | 1.65 |
| 2006-03-31 | 1.57 |
| 2005-12-31 | 1.48 |
| 2005-09-30 | 1.22 |
| 2005-06-30 | 1.11 |
| 2005-03-31 | 1.37 |
| 2004-12-31 | 1.32 |
| 2004-09-30 | 1.33 |
| 2004-06-30 | 1.36 |
| 2004-03-31 | 1.47 |
| 2003-12-31 | 1.39 |
| 2003-09-30 | 1.27 |
| 2003-06-30 | 1.06 |
| 2003-03-31 | 1.08 |
| 2002-12-31 | 1.00 |
| 2002-09-30 | 1.09 |