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 1.37 is in line with its 5-year average of 1.30, around the middle of its 5-year range (1.12–1.62).
As of the fiscal period ended Tuesday, March 31, 2026. 5.72% above its 12-month average of 1.29.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.37
QUICK RATIO (ACID-TEST) AVG TTM
1.29
QUICK RATIO (ACID-TEST) AVG 3Y
1.24
QUICK RATIO (ACID-TEST) AVG 5Y
1.26
QUICK RATIO (ACID-TEST) AVG 10Y
1.39
QUICK RATIO (ACID-TEST) AVG 15Y
1.47
QUICK RATIO (ACID-TEST) AVG 20Y
1.56
CURRENT VS TTM AVG
+5.72%
CURRENT VS 3Y AVG
+9.96%
CURRENT VS 5Y AVG
+8.19%
CURRENT VS 10Y AVG
-1.82%
CURRENT VS 15Y AVG
-6.94%
CURRENT VS 20Y AVG
-12.56%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+13.01%
vs the sector median at left
Market Cap
$15.33B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.86
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$16.33B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.83
3Y Avg
0.68
5Y Avg
0.84
Market Cap
$14.25B
Quick Ratio (Acid-Test)
1.13
TTM Avg
1.13
3Y Avg
0.99
5Y Avg
0.98
Market Cap
$12.90B
Quick Ratio (Acid-Test)
1.24
TTM Avg
1.17
3Y Avg
1.11
5Y Avg
1.16
Market Cap
$12.79B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.31
3Y Avg
1.23
5Y Avg
1.40
Market Cap
$18.79B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.04
3Y Avg
0.96
5Y Avg
0.94
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DaVita Inc. (DVA) | $15.47B | 1.37 | 1.29 | 1.24 | 1.26 |
| Solventum Corporation (SOLV)vs › | $15.33B | 0.89 | 0.86 | 0.93 | 0.94 |
| Medpace Holdings, Inc. (MEDP)vs › | $16.33B | 0.74 | 0.83 | 0.68 | 0.84 |
| The Cooper Companies, Inc. (COO)vs › | $14.25B | 1.13 | 1.13 | 0.99 | 0.98 |
| Hologic, Inc. (HOLX)vs › | $16.97B | 3.06 | 3.04 | 3.12 | 2.66 |
| Align Technology, Inc. (ALGN)vs › | $12.90B | 1.24 | 1.17 | 1.11 | 1.16 |
| Baxter International Inc. (BAX)vs › | $12.79B | 1.56 | 1.31 | 1.23 | 1.40 |
| Revvity, Inc. (RVTY)vs › | $12.65B | 1.40 | 2.21 | 2.02 | 1.79 |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.79B | 1.10 | 1.04 | 0.96 | 0.94 |
| Insulet Corp. (PODD)vs › | $11.82B | 2.11 | 2.42 | 2.51 | 3.28 |
Quick Ratio
1.37
Excludes inventory
Current Ratio
1.29
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 | 1.37 |
| 2025-12-31 | 1.24 |
| 2025-09-30 | 1.32 |
| 2025-06-30 | 1.34 |
| 2025-03-31 | 1.20 |
| 2024-12-31 | 1.21 |
| 2024-09-30 | 1.33 |
| 2024-06-30 | 1.12 |
| 2024-03-31 | 1.37 |
| 2023-12-31 | 1.13 |
| 2023-09-30 | 1.19 |
| 2023-06-30 | 1.20 |
| 2023-03-31 | 1.14 |
| 2022-12-31 | 1.16 |
| 2022-09-30 | 1.22 |
| 2022-06-30 | 1.37 |
| 2022-03-31 | 1.25 |
| 2021-12-31 | 1.28 |
| 2021-09-30 | 1.58 |
| 2021-06-30 | 1.62 |
| 2021-03-31 | 1.62 |
| 2020-12-31 | 1.23 |
| 2020-09-30 | 1.33 |
| 2020-06-30 | 1.33 |
| 2020-03-31 | 1.77 |
| 2019-12-31 | 1.51 |
| 2019-09-30 | 1.77 |
| 2019-06-30 | 1.10 |
| 2019-03-31 | 1.11 |
| 2018-12-31 | 1.70 |
| 2018-09-30 | 1.82 |
| 2018-06-30 | 1.88 |
| 2018-03-31 | 2.90 |
| 2017-12-31 | 2.82 |
| 2017-09-30 | 1.35 |
| 2017-06-30 | 1.38 |
| 2017-03-31 | 1.57 |
| 2016-12-31 | 1.41 |
| 2016-09-30 | 1.54 |
| 2016-06-30 | 1.62 |
| 2016-03-31 | 1.64 |
| 2015-12-31 | 1.81 |
| 2015-09-30 | 1.89 |
| 2015-06-30 | 1.98 |
| 2015-03-31 | 1.55 |
| 2014-12-31 | 1.79 |
| 2014-09-30 | 1.56 |
| 2014-06-30 | 1.56 |
| 2014-03-31 | 1.41 |
| 2013-12-31 | 1.37 |
| 2013-09-30 | 1.34 |
| 2013-06-30 | 1.38 |
| 2013-03-31 | 1.34 |
| 2012-12-31 | 1.39 |
| 2012-09-30 | 1.68 |
| 2012-06-30 | 1.70 |
| 2012-03-31 | 1.85 |
| 2011-12-31 | 1.91 |
| 2011-09-30 | 1.90 |
| 2011-06-30 | 2.36 |
| 2011-03-31 | 2.64 |
| 2010-12-31 | 2.76 |
| 2010-09-30 | 1.97 |
| 2010-06-30 | 1.96 |
| 2010-03-31 | 2.28 |
| 2009-12-31 | 2.13 |
| 2009-09-30 | 2.01 |
| 2009-06-30 | 1.96 |
| 2009-03-31 | 1.91 |
| 2008-12-31 | 1.76 |
| 2008-09-30 | 1.76 |
| 2008-06-30 | 1.66 |
| 2008-03-31 | 1.81 |
| 2007-12-31 | 1.75 |
| 2007-09-30 | 1.77 |
| 2007-06-30 | 1.69 |
| 2007-03-31 | 1.61 |
| 2006-12-31 | 1.46 |
| 2006-09-30 | 1.50 |
| 2006-06-30 | 1.57 |
| 2006-03-31 | 1.75 |
| 2005-12-31 | 1.60 |
| 2005-09-30 | 2.11 |
| 2005-06-30 | 2.06 |
| 2005-03-31 | 2.14 |
| 2004-12-31 | 1.89 |
| 2004-09-30 | 1.79 |
| 2004-06-30 | 1.87 |
| 2004-03-31 | 1.74 |
| 2003-12-31 | 1.58 |
| 2003-09-30 | 1.88 |
| 2003-06-30 | 2.04 |
| 2003-03-31 | 2.12 |
| 2002-12-31 | 1.74 |
| 2002-09-30 | 1.65 |
| 2002-06-30 | 1.93 |