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 1.09 is in line with its 5-year average of 1.19, near the low end of its 5-year range (0.91–1.77).
As of the fiscal period ended Tuesday, June 30, 2026. 18.99% below its 12-month average of 1.34.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.09
QUICK RATIO (ACID-TEST) AVG TTM
1.34
QUICK RATIO (ACID-TEST) AVG 3Y
1.17
QUICK RATIO (ACID-TEST) AVG 5Y
1.19
QUICK RATIO (ACID-TEST) AVG 10Y
1.92
QUICK RATIO (ACID-TEST) AVG 15Y
1.83
QUICK RATIO (ACID-TEST) AVG 20Y
2.00
CURRENT VS TTM AVG
-18.99%
CURRENT VS 3Y AVG
-6.71%
CURRENT VS 5Y AVG
-8.62%
CURRENT VS 10Y AVG
-43.23%
CURRENT VS 15Y AVG
-40.65%
CURRENT VS 20Y AVG
-45.46%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-10.07%
vs the sector median at left
Gilead Sciences, Inc.
Market Cap
$182.25B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.34
3Y Avg
1.17
5Y Avg
1.19
Market Cap
$182.82B
Quick Ratio (Acid-Test)
0.97
TTM Avg
1.21
3Y Avg
1.20
5Y Avg
1.26
Market Cap
$200.83B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.56
3Y Avg
0.61
5Y Avg
0.63
Market Cap
$144.95B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.28
3Y Avg
1.37
5Y Avg
1.36
Market Cap
$224.62B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.41
3Y Avg
1.34
5Y Avg
1.37
Market Cap
$134.35B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
Market Cap
$132.30B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.15
3Y Avg
1.19
5Y Avg
1.27
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gilead Sciences, Inc. (GILD) | $182.25B | 1.09 | 1.34 | 1.17 | 1.19 |
| Abbott Laboratories (ABT)vs › | $182.82B | 0.97 | 1.21 | 1.20 | 1.26 |
| Novo Nordisk A/S (NVO)vs › | $200.83B | 0.66 | 0.56 | 0.61 | 0.63 |
| Pfizer Inc. (PFE)vs › | $158.53B | 0.96 | 0.90 | 0.87 | 0.95 |
| Amgen Inc. (AMGN)vs › | $213.09B | 1.13 | 0.93 | 1.02 | 1.14 |
| Danaher Corporation (DHR)vs › | $144.95B | 1.25 | 1.28 | 1.37 | 1.36 |
| Thermo Fisher Scientific Inc. (TMO)vs › | $224.62B | 1.18 | 1.41 | 1.34 | 1.37 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.35B | 2.74 | 2.41 | 3.31 | 3.62 |
| Bristol-Myers Squibb Company (BMY)vs › | $132.30B | 1.38 | 1.15 | 1.19 | 1.27 |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.94B | 3.91 | 3.59 | 3.74 | 4.30 |
Quick Ratio
1.09
Excludes inventory
Current Ratio
1.27
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 | 1.09 |
| 2026-03-31 | 1.77 |
| 2025-12-31 | 1.40 |
| 2025-09-30 | 1.31 |
| 2025-06-30 | 1.15 |
| 2025-03-31 | 1.23 |
| 2024-12-31 | 1.45 |
| 2024-09-30 | 1.10 |
| 2024-06-30 | 0.95 |
| 2024-03-31 | 0.94 |
| 2023-12-31 | 1.27 |
| 2023-09-30 | 1.20 |
| 2023-06-30 | 0.91 |
| 2023-03-31 | 1.13 |
| 2022-12-31 | 1.15 |
| 2022-09-30 | 1.16 |
| 2022-06-30 | 1.27 |
| 2022-03-31 | 1.30 |
| 2021-12-31 | 1.13 |
| 2021-09-30 | 1.20 |
| 2021-06-30 | 1.19 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 1.26 |
| 2020-09-30 | 3.15 |
| 2020-06-30 | 2.23 |
| 2020-03-31 | 2.92 |
| 2019-12-31 | 3.01 |
| 2019-09-30 | 2.87 |
| 2019-06-30 | 3.67 |
| 2019-03-31 | 3.53 |
| 2018-12-31 | 3.30 |
| 2018-09-30 | 3.37 |
| 2018-06-30 | 2.92 |
| 2018-03-31 | 2.75 |
| 2017-12-31 | 2.67 |
| 2017-09-30 | 3.56 |
| 2017-06-30 | 3.20 |
| 2017-03-31 | 2.41 |
| 2016-12-31 | 1.95 |
| 2016-09-30 | 1.76 |
| 2016-06-30 | 1.58 |
| 2016-03-31 | 1.59 |
| 2015-12-31 | 2.31 |
| 2015-09-30 | 2.56 |
| 2015-06-30 | 1.80 |
| 2015-03-31 | 2.44 |
| 2014-12-31 | 2.83 |
| 2014-09-30 | 1.76 |
| 2014-06-30 | 2.16 |
| 2014-03-31 | 1.83 |
| 2013-12-31 | 0.83 |
| 2013-09-30 | 1.03 |
| 2013-06-30 | 1.04 |
| 2013-03-31 | 1.13 |
| 2012-12-31 | 1.04 |
| 2012-09-30 | 0.89 |
| 2012-06-30 | 0.85 |
| 2012-03-31 | 1.05 |
| 2011-12-31 | 4.98 |
| 2011-09-30 | 2.16 |
| 2011-06-30 | 2.12 |
| 2011-03-31 | 2.00 |
| 2010-12-31 | 1.83 |
| 2010-09-30 | 1.84 |
| 2010-06-30 | 1.40 |
| 2010-03-31 | 2.07 |
| 2009-12-31 | 2.01 |
| 2009-09-30 | 1.74 |
| 2009-06-30 | 1.71 |
| 2009-03-31 | 2.92 |
| 2008-12-31 | 2.74 |
| 2008-09-30 | 2.72 |
| 2008-06-30 | 1.15 |
| 2008-03-31 | 2.44 |
| 2007-12-31 | 3.30 |
| 2007-09-30 | 2.86 |
| 2007-06-30 | 2.49 |
| 2007-03-31 | 2.70 |
| 2006-12-31 | 2.44 |
| 2006-09-30 | 6.29 |
| 2006-06-30 | 4.28 |
| 2006-03-31 | 7.47 |
| 2005-12-31 | 6.18 |
| 2005-09-30 | 7.93 |
| 2005-06-30 | 8.49 |
| 2005-03-31 | 7.16 |
| 2004-12-31 | 6.76 |
| 2004-09-30 | 7.31 |
| 2004-06-30 | 8.16 |
| 2004-03-31 | 7.36 |
| 2003-12-31 | 6.28 |
| 2003-09-30 | 6.34 |
| 2003-06-30 | 6.59 |
| 2003-03-31 | 5.97 |
| 2002-12-31 | 10.79 |
| 2002-09-30 | 8.77 |
