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 0.94 is in line with its 5-year average of 0.90, around the middle of its 5-year range (0.64–1.14).
As of the fiscal period ended Tuesday, June 30, 2026. 2.05% below its 12-month average of 0.96.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.94.
QUICK RATIO (ACID-TEST)
0.94
QUICK RATIO (ACID-TEST) AVG TTM
0.96
QUICK RATIO (ACID-TEST) AVG 3Y
0.90
QUICK RATIO (ACID-TEST) AVG 5Y
0.90
QUICK RATIO (ACID-TEST) AVG 10Y
0.83
QUICK RATIO (ACID-TEST) AVG 15Y
0.81
QUICK RATIO (ACID-TEST) AVG 20Y
0.83
CURRENT VS TTM AVG
-2.05%
CURRENT VS 3Y AVG
+5.03%
CURRENT VS 5Y AVG
+4.66%
CURRENT VS 10Y AVG
+13.75%
CURRENT VS 15Y AVG
+16.84%
CURRENT VS 20Y AVG
+14.28%
SECTOR MEDIAN · ENERGY
1.06
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-11.03%
vs the sector median at left
Energy Transfer LP
Market Cap
$70.92B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.96
3Y Avg
0.90
5Y Avg
0.90
Market Cap
$70.76B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.45
3Y Avg
0.41
5Y Avg
0.46
Market Cap
$75.93B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.67
3Y Avg
1.79
5Y Avg
1.78
Market Cap
$63.36B
Quick Ratio (Acid-Test)
0.54
TTM Avg
0.52
3Y Avg
0.58
5Y Avg
0.53
Market Cap
$61.66B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.58
3Y Avg
0.62
5Y Avg
0.65
Market Cap
$80.34B
Quick Ratio (Acid-Test)
1.08
TTM Avg
0.88
3Y Avg
0.84
5Y Avg
0.76
Market Cap
$81.92B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.74
3Y Avg
0.71
5Y Avg
0.74
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Transfer LP (ET) | $70.92B | 0.94 | 0.96 | 0.90 | 0.90 |
| Kinder Morgan, Inc. (KMI)vs › | $70.76B | 0.41 | 0.45 | 0.41 | 0.46 |
| EOG Resources, Inc. (EOG)vs › | $75.93B | 1.68 | 1.67 | 1.79 | 1.78 |
| Slb N.V. (SLB)vs › | $77.75B | 1.05 | 1.04 | 1.00 | 0.97 |
| TC Energy Corporation (TRP)vs › | $63.36B | 0.54 | 0.52 | 0.58 | 0.53 |
| Eni S.p.A. (E)vs › | $79.28B | 1.00 | 1.02 | 1.07 | 1.11 |
| Targa Resources Corp. (TRGP)vs › | $61.66B | 0.68 | 0.58 | 0.62 | 0.65 |
| Suncor Energy Inc. (SU)vs › | $80.34B | 1.08 | 0.88 | 0.84 | 0.76 |
| Enterprise Products Partners L.P. (EPD)vs › | $81.92B | 0.66 | 0.74 | 0.71 | 0.74 |
| MPLX Lp (MPLX)vs › | $59.53B | 0.83 | 1.07 | 0.97 | 0.83 |
Quick Ratio
0.94
Excludes inventory
Current Ratio
1.16
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 | 0.94 |
| 2026-03-31 | 0.93 |
| 2025-12-31 | 0.89 |
| 2025-09-30 | 1.14 |
| 2025-06-30 | 0.92 |
| 2025-03-31 | 0.92 |
| 2024-12-31 | 0.88 |
| 2024-09-30 | 0.88 |
| 2024-06-30 | 0.92 |
| 2024-03-31 | 1.00 |
| 2023-12-31 | 0.86 |
| 2023-09-30 | 0.85 |
| 2023-06-30 | 0.64 |
| 2023-03-31 | 0.92 |
| 2022-12-31 | 0.93 |
| 2022-09-30 | 0.86 |
| 2022-06-30 | 0.98 |
| 2022-03-31 | 1.00 |
| 2021-12-31 | 0.79 |
| 2021-09-30 | 0.74 |
| 2021-06-30 | 0.77 |
| 2021-03-31 | 0.77 |
| 2020-12-31 | 0.77 |
| 2020-09-30 | 0.73 |
| 2020-06-30 | 0.71 |
| 2020-03-31 | 0.66 |
| 2019-12-31 | 0.77 |
| 2019-09-30 | 0.75 |
| 2019-06-30 | 0.83 |
| 2019-03-31 | 0.81 |
| 2018-12-31 | 0.53 |
| 2018-09-30 | 0.53 |
| 2018-06-30 | 0.76 |
| 2018-03-31 | 0.65 |
| 2017-12-31 | 1.10 |
| 2017-09-30 | 1.11 |
| 2017-06-30 | 1.09 |
| 2017-03-31 | 0.72 |
| 2016-12-31 | 0.67 |
| 2016-09-30 | 0.62 |
| 2016-06-30 | 0.67 |
| 2016-03-31 | 0.72 |
| 2015-12-31 | 0.77 |
| 2015-09-30 | 0.89 |
| 2015-06-30 | 1.03 |
| 2015-03-31 | 1.00 |
| 2014-12-31 | 0.70 |
| 2014-09-30 | 0.74 |
| 2014-06-30 | 0.74 |
| 2014-03-31 | 0.75 |
| 2013-12-31 | 0.73 |
| 2013-09-30 | 0.86 |
| 2013-06-30 | 0.74 |
| 2013-03-31 | 0.81 |
| 2012-12-31 | 0.70 |
| 2012-09-30 | 0.51 |
| 2012-06-30 | 0.68 |
| 2012-03-31 | 0.84 |
| 2011-12-31 | 0.61 |
| 2011-09-30 | 0.61 |
| 2011-06-30 | 0.83 |
| 2011-03-31 | 1.00 |
| 2010-12-31 | 0.86 |
| 2010-09-30 | 0.80 |
| 2010-06-30 | 0.72 |
| 2010-03-31 | 1.10 |
| 2009-12-31 | 0.99 |
| 2009-09-30 | 0.72 |
| 2009-06-30 | 0.74 |
| 2009-03-31 | 0.83 |
| 2008-12-31 | 0.75 |
| 2008-09-30 | 1.11 |
| 2008-06-30 | 0.80 |
| 2008-03-31 | 1.05 |
| 2007-11-30 | 0.62 |
| 2007-08-31 | 0.92 |
| 2007-05-31 | 0.91 |
| 2007-02-28 | 1.02 |
| 2006-11-30 | 0.97 |
| 2006-08-31 | 0.90 |
| 2006-05-31 | 0.82 |
| 2006-02-28 | 1.06 |
| 2005-11-30 | 0.89 |
| 2005-08-31 | 0.93 |
| 2005-05-31 | 0.00 |
| 2005-02-28 | 0.00 |