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 0.69 is 50% below its 5-year average of 1.38, near the low end of its 5-year range (0.44–2.22).
As of the fiscal period ended Tuesday, June 30, 2026. 9.83% below its 12-month average of 0.77.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.69
QUICK RATIO (ACID-TEST) AVG TTM
0.77
QUICK RATIO (ACID-TEST) AVG 3Y
1.14
QUICK RATIO (ACID-TEST) AVG 5Y
1.38
QUICK RATIO (ACID-TEST) AVG 10Y
1.62
QUICK RATIO (ACID-TEST) AVG 15Y
1.41
QUICK RATIO (ACID-TEST) AVG 20Y
1.14
CURRENT VS TTM AVG
-9.83%
CURRENT VS 3Y AVG
-39.31%
CURRENT VS 5Y AVG
-49.69%
CURRENT VS 10Y AVG
-57.07%
CURRENT VS 15Y AVG
-50.84%
CURRENT VS 20Y AVG
-39.18%
First Industrial Realty Trust, Inc.
Market Cap
$8.55B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.77
3Y Avg
1.14
5Y Avg
1.38
Market Cap
$8.88B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.42
3Y Avg
0.45
5Y Avg
0.48
Market Cap
$9.16B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.80
3Y Avg
0.82
5Y Avg
0.82
Market Cap
$7.51B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.10
3Y Avg
0.84
5Y Avg
1.46
Market Cap
$10.57B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.09
3Y Avg
1.17
5Y Avg
1.44
Market Cap
$11.02B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.10
3Y Avg
0.23
5Y Avg
0.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.55B | 0.69 | 0.77 | 1.14 | 1.38 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.88B | N/A | 0.42 | 0.45 | 0.48 |
| NNN REIT, Inc. (NNN)vs › | $8.93B | N/A | 1.03 | 0.65 | 4.82 |
| Agree Realty Corporation (ADC)vs › | $9.16B | N/A | 0.80 | 0.82 | 0.82 |
| CubeSmart (CUBE)vs › | $9.42B | N/A | 0.32 | 0.30 | 0.27 |
| Terreno Realty Corporation (TRNO)vs › | $7.51B | N/A | 0.10 | 0.84 | 1.46 |
| Federal Realty Investment Trust (FRT)vs › | $10.57B | N/A | 1.09 | 1.17 | 1.44 |
| Camden Property Trust (CPT)vs › | $11.02B | N/A | 0.10 | 0.23 | 0.69 |
| BXP, Inc. (BXP)vs › | $11.20B | N/A | 2.42 | 3.05 | 3.25 |
| CoStar Group, Inc. (CSGP)vs › | $12.03B | N/A | 5.90 | 9.43 | 10.20 |
Quick Ratio
0.69
Excludes inventory
Current Ratio
0.69
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 | 0.69 |
| 2026-03-31 | 0.69 |
| 2025-12-31 | 1.12 |
| 2025-09-30 | 0.90 |
| 2025-06-30 | 0.44 |
| 2025-03-31 | 1.12 |
| 2024-12-31 | 1.40 |
| 2024-09-30 | 1.21 |
| 2024-06-30 | 1.48 |
| 2024-03-31 | 1.46 |
| 2023-12-31 | 1.28 |
| 2023-09-30 | 1.94 |
| 2023-06-30 | 1.14 |
| 2023-03-31 | 1.99 |
| 2022-12-31 | 1.42 |
| 2022-09-30 | 1.86 |
| 2022-06-30 | 1.71 |
| 2022-03-31 | 1.55 |
| 2021-12-31 | 1.65 |
| 2021-09-30 | 1.71 |
| 2021-06-30 | 2.22 |
| 2021-03-31 | 3.43 |
| 2020-12-31 | 3.13 |
| 2020-09-30 | 2.83 |
| 2020-06-30 | 1.58 |
| 2020-03-31 | 1.92 |
| 2019-12-31 | 1.68 |
| 2019-09-30 | 1.19 |
| 2019-06-30 | 1.70 |
| 2019-03-31 | 1.86 |
| 2018-12-31 | 1.18 |
| 2018-09-30 | 2.30 |
| 2018-06-30 | 2.59 |
| 2018-03-31 | 2.57 |
| 2017-12-31 | 1.76 |
| 2017-09-30 | 1.86 |
| 2017-06-30 | 2.03 |
| 2017-03-31 | 2.09 |
| 2016-12-31 | 1.60 |
| 2016-09-30 | 1.62 |
| 2016-06-30 | 1.74 |
| 2016-03-31 | 1.93 |
| 2015-12-31 | 1.60 |
| 2015-09-30 | 0.86 |
| 2015-06-30 | 0.57 |
| 2015-03-31 | 0.62 |
| 2014-12-31 | 1.54 |
| 2014-09-30 | 1.79 |
| 2014-06-30 | 1.96 |
| 2014-03-31 | 1.05 |
| 2013-12-31 | 1.10 |
| 2013-09-30 | 1.09 |
| 2013-06-30 | 0.79 |
| 2013-03-31 | 0.62 |
| 2012-12-31 | 0.31 |
| 2012-09-30 | 0.04 |
| 2012-06-30 | 0.06 |
| 2012-03-31 | 0.05 |
| 2011-12-31 | -1.10 |
| 2011-09-30 | 0.77 |
| 2011-06-30 | 0.38 |
| 2011-03-31 | 0.18 |
| 2010-12-31 | 0.43 |
| 2010-09-30 | 1.10 |
| 2010-06-30 | 0.72 |
| 2010-03-31 | 1.12 |
| 2009-12-31 | 1.40 |
| 2009-09-30 | 0.16 |
| 2009-06-30 | 0.45 |
| 2009-03-31 | 0.31 |
| 2008-12-31 | 0.07 |
| 2008-09-30 | 0.17 |
| 2008-06-30 | 0.59 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.04 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.07 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.05 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.04 |
| 2004-09-30 | 0.05 |
| 2004-06-30 | 0.26 |
| 2004-03-31 | 0.06 |
| 2003-12-31 | 0.08 |
| 2003-09-30 | 0.06 |
| 2003-06-30 | 0.05 |
| 2003-03-31 | 0.10 |
| 2002-12-31 | 0.08 |
| 2002-09-30 | 0.09 |
