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 0.87 is in line with its 5-year average of 0.89, around the middle of its 5-year range (0.59–1.17).
As of the fiscal period ended Tuesday, June 30, 2026. 5.00% above its 12-month average of 0.83.
Reported quarterly quick ratio; no daily interpolation. Quarter ended Jun 2026 (2026-06-30): 0.87.
QUICK RATIO (ACID-TEST)
0.87
QUICK RATIO (ACID-TEST) AVG TTM
0.83
QUICK RATIO (ACID-TEST) AVG 3Y
0.94
QUICK RATIO (ACID-TEST) AVG 5Y
0.89
QUICK RATIO (ACID-TEST) AVG 10Y
0.85
QUICK RATIO (ACID-TEST) AVG 15Y
0.88
QUICK RATIO (ACID-TEST) AVG 20Y
0.90
CURRENT VS TTM AVG
+5.00%
CURRENT VS 3Y AVG
-7.51%
CURRENT VS 5Y AVG
-2.28%
CURRENT VS 10Y AVG
+1.62%
CURRENT VS 15Y AVG
-0.89%
CURRENT VS 20Y AVG
-3.80%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-28.25%
vs the sector median at left
IDEXX Laboratories, Inc.
Market Cap
$40.64B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.83
3Y Avg
0.94
5Y Avg
0.89
Market Cap
$40.89B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.54
3Y Avg
1.63
5Y Avg
1.68
Market Cap
$42.30B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.79
3Y Avg
0.83
5Y Avg
0.90
Market Cap
$42.92B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.78
3Y Avg
0.74
5Y Avg
0.73
Market Cap
$34.52B
Quick Ratio (Acid-Test)
2.99
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.33
Market Cap
$49.54B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.69
3Y Avg
0.70
5Y Avg
0.80
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $40.64B | 0.87 | 0.83 | 0.94 | 0.89 |
| Agilent Technologies, Inc. (A)vs › | $40.89B | 1.56 | 1.54 | 1.63 | 1.68 |
| IQVIA Holdings Inc. (IQV)vs › | $42.30B | 0.71 | 0.79 | 0.83 | 0.90 |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.92B | 0.67 | 0.78 | 0.74 | 0.73 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.52B | 2.99 | 2.71 | 2.94 | 3.33 |
| Alcon Inc. (ALC)vs › | $33.37B | 1.30 | 1.55 | 1.40 | 1.42 |
| Humana Inc. (HUM)vs › | $48.03B | 1.74 | 0.58 | 0.57 | 0.58 |
| ResMed Inc. (RMD)vs › | $31.91B | 2.42 | 2.47 | 2.11 | 1.90 |
| Becton, Dickinson and Company (BDX)vs › | $49.54B | 0.51 | 0.69 | 0.70 | 0.80 |
| Centene Corp. (CNC)vs › | $31.66B | 1.15 | 1.40 | 1.24 | 1.19 |
Quick Ratio
0.87
Excludes inventory
Current Ratio
1.17
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 | 0.87 |
| 2026-03-31 | 0.82 |
| 2025-12-31 | 0.84 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.79 |
| 2025-03-31 | 0.81 |
| 2024-12-31 | 0.95 |
| 2024-09-30 | 1.03 |
| 2024-06-30 | 1.03 |
| 2024-03-31 | 1.16 |
| 2023-12-31 | 1.17 |
| 2023-09-30 | 1.02 |
| 2023-06-30 | 0.89 |
| 2023-03-31 | 0.71 |
| 2022-12-31 | 0.59 |
| 2022-09-30 | 0.59 |
| 2022-06-30 | 0.61 |
| 2022-03-31 | 0.81 |
| 2021-12-31 | 0.90 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 1.17 |
| 2021-03-31 | 1.41 |
| 2020-12-31 | 1.46 |
| 2020-09-30 | 1.24 |
| 2020-06-30 | 1.02 |
| 2020-03-31 | 0.60 |
| 2019-12-31 | 0.67 |
| 2019-09-30 | 0.80 |
| 2019-06-30 | 0.83 |
| 2019-03-31 | 0.74 |
| 2018-12-31 | 0.62 |
| 2018-09-30 | 0.69 |
| 2018-06-30 | 0.73 |
| 2018-03-31 | 0.72 |
| 2017-12-31 | 0.80 |
| 2017-09-30 | 0.77 |
| 2017-06-30 | 0.75 |
| 2017-03-31 | 0.75 |
| 2016-12-31 | 0.74 |
| 2016-09-30 | 0.87 |
| 2016-06-30 | 0.78 |
| 2016-03-31 | 0.71 |
| 2015-12-31 | 0.74 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.84 |
| 2015-03-31 | 0.79 |
| 2014-12-31 | 0.73 |
| 2014-09-30 | 0.87 |
| 2014-06-30 | 0.93 |
| 2014-03-31 | 1.05 |
| 2013-12-31 | 1.09 |
| 2013-09-30 | 0.81 |
| 2013-06-30 | 0.86 |
| 2013-03-31 | 1.01 |
| 2012-12-31 | 1.05 |
| 2012-09-30 | 1.02 |
| 2012-06-30 | 0.98 |
| 2012-03-31 | 0.92 |
| 2011-12-31 | 0.90 |
| 2011-09-30 | 1.11 |
| 2011-06-30 | 1.21 |
| 2011-03-31 | 1.24 |
| 2010-12-31 | 1.17 |
| 2010-09-30 | 1.10 |
| 2010-06-30 | 1.06 |
| 2010-03-31 | 0.95 |
| 2009-12-31 | 1.04 |
| 2009-09-30 | 1.32 |
| 2009-06-30 | 1.23 |
| 2009-03-31 | 0.84 |
| 2008-12-31 | 0.81 |
| 2008-09-30 | 0.78 |
| 2008-06-30 | 0.78 |
| 2008-03-31 | 0.84 |
| 2007-12-31 | 0.93 |
| 2007-09-30 | 0.94 |
| 2007-06-30 | 0.89 |
| 2007-03-31 | 1.01 |
| 2006-12-31 | 1.65 |
| 2006-09-30 | 1.70 |
| 2006-06-30 | 1.51 |
| 2006-03-31 | 2.03 |
| 2005-12-31 | 2.16 |
| 2005-09-30 | 2.25 |
| 2005-06-30 | 2.42 |
| 2005-03-31 | 2.44 |
| 2004-12-31 | 2.25 |
| 2004-09-30 | 2.92 |
| 2004-06-30 | 3.28 |
| 2004-03-31 | 3.36 |
| 2003-12-31 | 2.93 |
| 2003-09-30 | 3.28 |
| 2003-06-30 | 2.98 |
| 2003-03-31 | 3.19 |
| 2002-12-31 | 2.83 |
| 2002-09-30 | 2.14 |