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 1.24 is 21% above its 5-year average of 1.03, near the high end of its 5-year range (0.84–1.24).
As of the fiscal period ended Tuesday, June 30, 2026. 17.95% above its 12-month average of 1.05.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.24.
QUICK RATIO (ACID-TEST)
1.24
QUICK RATIO (ACID-TEST) AVG TTM
1.05
QUICK RATIO (ACID-TEST) AVG 3Y
1.04
QUICK RATIO (ACID-TEST) AVG 5Y
1.03
QUICK RATIO (ACID-TEST) AVG 10Y
1.25
QUICK RATIO (ACID-TEST) AVG 15Y
2.33
QUICK RATIO (ACID-TEST) AVG 20Y
2.41
CURRENT VS TTM AVG
+17.95%
CURRENT VS 3Y AVG
+19.68%
CURRENT VS 5Y AVG
+20.89%
CURRENT VS 10Y AVG
-0.70%
CURRENT VS 15Y AVG
-46.50%
CURRENT VS 20Y AVG
-48.35%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-21.75%
vs the sector median at left
Market Cap
$140.21B
Quick Ratio (Acid-Test)
0.70
TTM Avg
1.05
3Y Avg
1.07
5Y Avg
1.09
Market Cap
$141.72B
Quick Ratio (Acid-Test)
0.84
TTM Avg
1.10
3Y Avg
1.11
5Y Avg
1.14
Market Cap
$127.27B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.24
3Y Avg
1.17
5Y Avg
1.26
Market Cap
$123.84B
Quick Ratio (Acid-Test)
1.82
TTM Avg
2.42
3Y Avg
3.27
5Y Avg
4.64
Market Cap
$116.44B
Quick Ratio (Acid-Test)
0.94
TTM Avg
1.52
3Y Avg
1.85
5Y Avg
2.69
Market Cap
$157.45B
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.97
3Y Avg
0.97
5Y Avg
0.96
Market Cap
$105.40B
Quick Ratio (Acid-Test)
0.17
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $134.98B | 1.24 | 1.05 | 1.04 | 1.03 |
| ServiceNow, Inc. (NOW)vs › | $140.21B | 0.70 | 1.05 | 1.07 | 1.09 |
| Uber Technologies, Inc. (UBER)vs › | $141.72B | 0.84 | 1.10 | 1.11 | 1.14 |
| Fortinet, Inc. (FTNT)vs › | $127.27B | 1.19 | 1.24 | 1.17 | 1.26 |
| Cloudflare, Inc. (NET)vs › | $123.84B | 1.82 | 2.42 | 3.27 | 4.64 |
| Snowflake Inc. (SNOW)vs › | $116.44B | 0.94 | 1.52 | 1.85 | 2.69 |
| Western Digital Corporation (WDC)vs › | $157.45B | 0.97 | 0.97 | 0.97 | 0.96 |
| Accenture plc (ACN)vs › | $107.77B | 1.34 | 1.26 | 1.26 | 1.28 |
| Automatic Data Processing, Inc. (ADP)vs › | $105.40B | 0.17 | 0.61 | 0.80 | 0.88 |
| AppLovin Corporation (APP)vs › | $104.39B | 4.30 | 2.75 | 2.64 | 2.79 |
Quick Ratio
1.24
Excludes inventory
Current Ratio
1.81
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 | 1.24 |
| 2026-03-31 | 1.06 |
| 2025-12-31 | 1.04 |
| 2025-09-30 | 1.00 |
| 2025-06-30 | 0.93 |
| 2025-03-31 | 1.05 |
| 2024-12-31 | 1.07 |
| 2024-09-30 | 1.05 |
| 2024-06-30 | 0.98 |
| 2024-03-31 | 1.02 |
| 2023-12-31 | 1.05 |
| 2023-09-30 | 1.08 |
| 2023-06-30 | 1.03 |
| 2023-03-31 | 0.84 |
| 2022-12-31 | 0.88 |
| 2022-09-30 | 0.94 |
| 2022-06-30 | 0.91 |
| 2022-03-31 | 1.04 |
| 2021-12-31 | 1.08 |
| 2021-09-30 | 1.20 |
| 2021-06-30 | 1.14 |
| 2021-03-31 | 1.63 |
| 2020-12-31 | 1.48 |
| 2020-09-30 | 1.42 |
| 2020-06-30 | 1.53 |
| 2020-03-31 | 1.44 |
| 2019-12-31 | 1.46 |
| 2019-09-30 | 1.06 |
| 2019-06-30 | 1.18 |
| 2019-03-31 | 1.36 |
| 2018-12-31 | 1.51 |
| 2018-09-30 | 1.51 |
| 2018-06-30 | 1.58 |
| 2018-03-31 | 1.95 |
| 2017-12-31 | 2.22 |
| 2017-09-30 | 2.14 |
| 2017-06-30 | 2.43 |
| 2017-03-31 | 2.96 |
| 2016-12-31 | 2.75 |
| 2016-09-30 | 3.04 |
| 2016-06-30 | 3.78 |
| 2016-03-31 | 2.23 |
| 2015-12-31 | 2.45 |
| 2015-09-30 | 4.01 |
| 2015-06-30 | 4.20 |
| 2015-03-31 | 4.17 |
| 2014-12-31 | 3.84 |
| 2014-09-30 | 4.06 |
| 2014-06-30 | 3.90 |
| 2014-03-31 | 4.02 |
| 2013-12-31 | 4.36 |
| 2013-09-30 | 4.98 |
| 2013-06-30 | 4.89 |
| 2013-03-31 | 4.51 |
| 2012-12-31 | 4.42 |
| 2012-09-30 | 4.51 |
| 2012-06-30 | 4.43 |
| 2012-03-31 | 4.97 |
| 2011-12-31 | 3.67 |
| 2011-09-30 | 4.14 |
| 2011-06-30 | 4.04 |
| 2011-03-31 | 4.33 |
| 2010-12-31 | 4.09 |
| 2010-09-30 | 3.93 |
| 2010-06-30 | 4.02 |
| 2010-03-31 | 4.26 |
| 2009-12-31 | 3.21 |
| 2009-09-30 | 2.78 |
| 2009-06-30 | 2.86 |
| 2009-03-31 | 2.33 |
| 2008-12-31 | 1.86 |
| 2008-09-30 | 2.17 |
| 2008-06-30 | 2.51 |
| 2008-03-31 | 2.50 |
| 2007-12-31 | 1.86 |
| 2007-09-30 | 1.98 |
| 2007-06-30 | 1.96 |
| 2007-03-31 | 1.77 |
| 2006-12-31 | 1.79 |
| 2006-09-30 | 1.64 |
| 2006-06-30 | 1.42 |
| 2006-03-31 | 1.44 |
| 2005-12-31 | 1.48 |
| 2005-09-30 | 1.50 |
| 2005-06-30 | 1.46 |
| 2005-03-31 | 1.26 |
| 2004-12-31 | 1.18 |
| 2004-09-30 | 1.49 |
| 2004-06-30 | 1.46 |
| 2004-03-31 | 1.44 |
| 2003-12-31 | 1.43 |
| 2003-09-30 | 1.71 |
| 2003-06-30 | 1.61 |
| 2003-03-31 | 1.84 |
| 2002-12-31 | 1.94 |
| 2002-09-30 | 1.96 |