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 0.52 is 10% above its 5-year average of 0.47, around the middle of its 5-year range (0.26–0.71).
As of the fiscal period ended Tuesday, June 30, 2026. 64.52% above its 12-month average of 0.32.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.52
QUICK RATIO (ACID-TEST) AVG TTM
0.32
QUICK RATIO (ACID-TEST) AVG 3Y
0.40
QUICK RATIO (ACID-TEST) AVG 5Y
0.47
QUICK RATIO (ACID-TEST) AVG 10Y
0.63
QUICK RATIO (ACID-TEST) AVG 15Y
0.87
QUICK RATIO (ACID-TEST) AVG 20Y
0.87
CURRENT VS TTM AVG
+64.52%
CURRENT VS 3Y AVG
+30.97%
CURRENT VS 5Y AVG
+10.08%
CURRENT VS 10Y AVG
-17.82%
CURRENT VS 15Y AVG
-39.94%
CURRENT VS 20Y AVG
-39.99%
SECTOR MEDIAN · REAL ESTATE
0.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-41.72%
vs the sector median at left
Crown Castle Inc.
Market Cap
$32.73B
Quick Ratio (Acid-Test)
0.52
TTM Avg
0.32
3Y Avg
0.40
5Y Avg
0.47
Market Cap
$31.21B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.10
3Y Avg
0.93
5Y Avg
0.82
Market Cap
$28.58B
Quick Ratio (Acid-Test)
26.68
TTM Avg
27.30
3Y Avg
27.95
5Y Avg
21.78
Market Cap
$38.18B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.65
3Y Avg
0.72
5Y Avg
0.71
Market Cap
$26.94B
Quick Ratio (Acid-Test)
0.25
TTM Avg
0.30
3Y Avg
0.62
5Y Avg
0.66
Market Cap
$25.44B
Quick Ratio (Acid-Test)
0.05
TTM Avg
0.11
3Y Avg
0.16
5Y Avg
0.21
Market Cap
$40.84B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.08
3Y Avg
1.09
5Y Avg
1.13
Market Cap
$18.86B
Quick Ratio (Acid-Test)
2.30
TTM Avg
1.48
3Y Avg
1.38
5Y Avg
1.26
Market Cap
$18.41B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.80
3Y Avg
0.66
5Y Avg
0.73
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Crown Castle Inc. (CCI) | $32.73B | 0.52 | 0.32 | 0.40 | 0.47 |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 1.28 | 1.10 | 0.93 | 0.82 |
| VICI Properties Inc. (VICI)vs › | $28.58B | 26.68 | 27.30 | 27.95 | 21.78 |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 0.74 | 0.65 | 0.72 | 0.71 |
| AvalonBay Communities, Inc. (AVB)vs › | $26.94B | 0.25 | 0.30 | 0.62 | 0.66 |
| Equity Residential (EQR)vs › | $25.44B | 0.05 | 0.11 | 0.16 | 0.21 |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 1.09 | 1.08 | 1.09 | 1.13 |
| Essex Property Trust, Inc. (ESS)vs › | $18.86B | 2.30 | 1.48 | 1.38 | 1.26 |
| SBA Communications Corporation (SBAC)vs › | $18.41B | 0.49 | 0.80 | 0.66 | 0.73 |
| Invitation Homes Inc. (INVH)vs › | $17.69B | 1.52 | 1.17 | 2.87 | 3.35 |
Quick Ratio
0.52
Excludes inventory
Current Ratio
0.26
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 | 0.52 |
| 2026-03-31 | 0.27 |
| 2025-12-31 | 0.26 |
| 2025-09-30 | 0.26 |
| 2025-06-30 | 0.28 |
| 2025-03-31 | 0.37 |
| 2024-12-31 | 0.50 |
| 2024-09-30 | 0.54 |
| 2024-06-30 | 0.43 |
| 2024-03-31 | 0.42 |
| 2023-12-31 | 0.40 |
| 2023-09-30 | 0.44 |
| 2023-06-30 | 0.50 |
| 2023-03-31 | 0.52 |
| 2022-12-31 | 0.45 |
| 2022-09-30 | 0.46 |
| 2022-06-30 | 0.69 |
| 2022-03-31 | 0.71 |
| 2021-12-31 | 0.62 |
| 2021-09-30 | 0.67 |
| 2021-06-30 | 0.66 |
| 2021-03-31 | 0.61 |
| 2020-12-31 | 0.56 |
| 2020-09-30 | 0.62 |
| 2020-06-30 | 1.75 |
| 2020-03-31 | 0.47 |
| 2019-12-31 | 0.63 |
| 2019-09-30 | 0.72 |
| 2019-06-30 | 0.76 |
| 2019-03-31 | 0.76 |
| 2018-12-31 | 0.82 |
| 2018-09-30 | 0.96 |
| 2018-06-30 | 0.91 |
| 2018-03-31 | 0.90 |
| 2017-12-31 | 0.88 |
| 2017-09-30 | 7.13 |
| 2017-06-30 | 0.95 |
| 2017-03-31 | 1.02 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 0.94 |
| 2016-06-30 | 0.93 |
| 2016-03-31 | 1.01 |
| 2015-12-31 | 1.15 |
| 2015-09-30 | 1.24 |
| 2015-06-30 | 1.43 |
| 2015-03-31 | 1.13 |
| 2014-12-31 | 1.38 |
| 2014-09-30 | 1.16 |
| 2014-06-30 | 1.19 |
| 2014-03-31 | 1.20 |
| 2013-12-31 | 1.18 |
| 2013-09-30 | 1.47 |
| 2013-06-30 | 1.37 |
| 2013-03-31 | 1.36 |
| 2012-12-31 | 1.28 |
| 2012-09-30 | 1.46 |
| 2012-06-30 | 1.51 |
| 2012-03-31 | 3.87 |
| 2011-12-31 | 1.49 |
| 2011-09-30 | 1.39 |
| 2011-06-30 | 1.34 |
| 2011-03-31 | 1.31 |
| 2010-12-31 | 1.24 |
| 2010-09-30 | 0.71 |
| 2010-06-30 | 0.55 |
| 2010-03-31 | 0.74 |
| 2009-12-31 | 1.11 |
| 2009-09-30 | 0.50 |
| 2009-06-30 | 0.52 |
| 2009-03-31 | 1.22 |
| 2008-12-31 | 0.28 |
| 2008-09-30 | 0.31 |
| 2008-06-30 | 0.38 |
| 2008-03-31 | 0.38 |
| 2007-12-31 | 0.39 |
| 2007-09-30 | 1.65 |
| 2007-06-30 | 1.57 |
| 2007-03-31 | 1.58 |
| 2006-12-31 | 3.98 |
| 2006-09-30 | 1.23 |
| 2006-06-30 | 3.95 |
| 2006-03-31 | 0.58 |
| 2005-12-31 | 0.48 |
| 2005-09-30 | 0.72 |
| 2005-06-30 | 1.96 |
| 2005-03-31 | 1.27 |
| 2004-12-31 | 2.21 |
| 2004-09-30 | 5.68 |
| 2004-06-30 | 1.30 |
| 2004-03-31 | 0.85 |
| 2003-12-31 | 0.97 |
| 2003-09-30 | 1.15 |
| 2003-06-30 | 1.75 |
| 2003-03-31 | 2.25 |
| 2002-12-31 | 2.28 |
| 2002-09-30 | 1.29 |