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 1.00 is in line with its 5-year average of 1.09, near the low end of its 5-year range (0.98–1.26).
As of the fiscal period ended Tuesday, June 30, 2026. 0.92% below its 12-month average of 1.01.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.00
QUICK RATIO (ACID-TEST) AVG TTM
1.01
QUICK RATIO (ACID-TEST) AVG 3Y
1.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.09
QUICK RATIO (ACID-TEST) AVG 10Y
1.14
QUICK RATIO (ACID-TEST) AVG 15Y
1.15
QUICK RATIO (ACID-TEST) AVG 20Y
1.10
CURRENT VS TTM AVG
-0.92%
CURRENT VS 3Y AVG
-4.71%
CURRENT VS 5Y AVG
-8.18%
CURRENT VS 10Y AVG
-11.77%
CURRENT VS 15Y AVG
-12.40%
CURRENT VS 20Y AVG
-8.56%
SECTOR MEDIAN · ENERGY
1.08
median of 32 covered companies
CURRENT VS SECTOR MEDIAN
-6.70%
vs the sector median at left
Market Cap
$82.02B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.74
3Y Avg
0.71
5Y Avg
0.74
Market Cap
$75.90B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.67
3Y Avg
1.79
5Y Avg
1.78
Market Cap
$70.58B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.45
3Y Avg
0.41
5Y Avg
0.46
Market Cap
$89.95B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.46
3Y Avg
0.59
5Y Avg
0.63
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eni S.p.A. (E) | $80.11B | 1.00 | 1.01 | 1.05 | 1.09 |
| Slb N.V. (SLB)vs › | $78.40B | 1.05 | 1.04 | 1.00 | 0.97 |
| Enterprise Products Partners L.P. (EPD)vs › | $82.02B | N/A | 0.74 | 0.71 | 0.74 |
| EOG Resources, Inc. (EOG)vs › | $75.90B | 1.68 | 1.67 | 1.79 | 1.78 |
| Suncor Energy Inc. (SU)vs › | $75.40B | 1.08 | 0.88 | 0.84 | 0.76 |
| Energy Transfer LP (ET)vs › | $71.89B | 0.94 | 0.89 | 0.89 | 0.85 |
| Kinder Morgan, Inc. (KMI)vs › | $70.58B | 0.41 | 0.45 | 0.41 | 0.46 |
| The Williams Companies, Inc. (WMB)vs › | $89.95B | 0.43 | 0.46 | 0.59 | 0.63 |
| Phillips 66 (PSX)vs › | $90.23B | 1.00 | 0.92 | 1.00 | 0.98 |
| Valero Energy Corporation (VLO)vs › | $94.55B | 1.23 | 1.07 | 1.06 | 1.03 |
Quick Ratio
1.00
Excludes inventory
Current Ratio
1.23
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 | 1.00 |
| 2026-03-31 | 1.02 |
| 2025-12-31 | 1.04 |
| 2025-09-30 | 0.98 |
| 2025-06-30 | 1.02 |
| 2025-03-31 | 1.00 |
| 2024-12-31 | 0.99 |
| 2024-09-30 | 1.07 |
| 2024-06-30 | 1.09 |
| 2024-03-31 | 1.07 |
| 2023-12-31 | 1.12 |
| 2023-09-30 | 1.22 |
| 2023-06-30 | 1.26 |
| 2023-03-31 | 1.20 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 1.03 |
| 2022-06-30 | 1.09 |
| 2022-03-31 | 1.11 |
| 2021-12-31 | 1.19 |
| 2021-09-30 | 1.10 |
| 2021-06-30 | 1.21 |
| 2021-03-31 | 1.22 |
| 2020-12-31 | 1.22 |
| 2020-09-30 | 1.12 |
| 2020-06-30 | 1.08 |
| 2020-03-31 | 1.01 |
| 2019-12-31 | 1.02 |
| 2019-09-30 | 1.02 |
| 2019-06-30 | 1.16 |
| 2019-03-31 | 1.17 |
| 2018-12-31 | 1.23 |
| 2018-09-30 | 1.24 |
| 2018-06-30 | 1.23 |
| 2018-03-31 | 1.27 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.10 |
| 2017-06-30 | 1.13 |
| 2017-03-31 | 1.18 |
| 2016-12-31 | 1.20 |
| 2016-09-30 | 1.40 |
| 2016-06-30 | 1.39 |
| 2016-03-31 | 1.43 |
| 2015-12-31 | 1.47 |
| 2015-09-30 | 1.12 |
| 2015-06-30 | 1.16 |
| 2015-03-31 | 1.19 |
| 2014-12-31 | 1.60 |
| 2014-09-30 | 1.28 |
| 2014-06-30 | 1.35 |
| 2014-03-31 | 1.47 |
| 2013-12-31 | 1.36 |
| 2013-09-30 | 1.27 |
| 2013-06-30 | 1.20 |
| 2013-03-31 | 1.16 |
| 2012-12-31 | 1.19 |
| 2012-09-30 | 1.02 |
| 2012-06-30 | 0.98 |
| 2012-03-31 | 0.95 |
| 2011-12-31 | 0.86 |
| 2011-09-30 | 0.81 |
| 2011-06-30 | 0.84 |
| 2011-03-31 | 0.81 |
| 2010-12-31 | 0.81 |
| 2010-09-30 | 0.79 |
| 2010-06-30 | 0.81 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.84 |
| 2009-09-30 | 0.34 |
| 2009-06-30 | 0.88 |
| 2009-03-31 | 0.71 |
| 2008-12-31 | 0.88 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.82 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.94 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.99 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 1.06 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 1.03 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.96 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.93 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.91 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.64 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.81 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.75 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.86 |
| 2002-09-30 | 0.00 |