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 0.84 is 25% below its 5-year average of 1.13, near the low end of its 5-year range (0.82–1.89).
As of the fiscal period ended Tuesday, March 31, 2026. 15.21% below its 12-month average of 0.99.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.84
QUICK RATIO (ACID-TEST) AVG TTM
0.99
QUICK RATIO (ACID-TEST) AVG 3Y
1.13
QUICK RATIO (ACID-TEST) AVG 5Y
1.06
QUICK RATIO (ACID-TEST) AVG 10Y
1.30
QUICK RATIO (ACID-TEST) AVG 15Y
1.46
QUICK RATIO (ACID-TEST) AVG 20Y
1.46
CURRENT VS TTM AVG
-15.21%
CURRENT VS 3Y AVG
-25.29%
CURRENT VS 5Y AVG
-20.43%
CURRENT VS 10Y AVG
-35.08%
CURRENT VS 15Y AVG
-42.49%
CURRENT VS 20Y AVG
-42.44%
SECTOR MEDIAN · BASIC MATERIALS
1.19
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-29.59%
vs the sector median at left
International Flavors & Fragrances Inc.
Market Cap
$19.39B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.99
3Y Avg
1.13
5Y Avg
1.06
Market Cap
$19.47B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.16
3Y Avg
1.13
5Y Avg
1.14
Market Cap
$19.21B
Quick Ratio (Acid-Test)
2.93
TTM Avg
2.82
3Y Avg
3.07
5Y Avg
2.50
Market Cap
$18.59B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.40
3Y Avg
1.73
5Y Avg
1.93
Market Cap
$20.82B
Quick Ratio (Acid-Test)
2.30
TTM Avg
1.92
3Y Avg
2.29
5Y Avg
2.32
Market Cap
$17.50B
Quick Ratio (Acid-Test)
0.62
TTM Avg
0.60
3Y Avg
0.54
5Y Avg
0.55
Market Cap
$17.05B
Quick Ratio (Acid-Test)
2.91
TTM Avg
3.00
3Y Avg
2.72
5Y Avg
3.27
Market Cap
$22.32B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.12
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Flavors & Fragrances Inc. (IFF) | $19.39B | 0.84 | 0.99 | 1.13 | 1.06 |
| LyondellBasell Industries N.V. (LYB)vs › | $19.47B | 1.19 | 1.16 | 1.13 | 1.14 |
| CF Industries Holdings, Inc. (CF)vs › | $19.21B | 2.93 | 2.82 | 3.07 | 2.50 |
| DuPont de Nemours, Inc. (DD)vs › | $18.59B | 1.91 | 1.40 | 1.73 | 1.93 |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.82B | 2.30 | 1.92 | 2.29 | 2.32 |
| CEMEX, S.A.B. de C.V. (CX)vs › | $17.50B | 0.62 | 0.60 | 0.54 | 0.55 |
| Dow Inc. (DOW)vs › | $21.55B | 1.25 | 1.11 | 1.15 | 1.13 |
| Royal Gold, Inc. (RGLD)vs › | $17.05B | 2.91 | 3.00 | 2.72 | 3.27 |
| International Paper Company (IP)vs › | $22.32B | 1.02 | 1.06 | 1.07 | 1.12 |
| RPM International Inc. (RPM)vs › | $13.67B | 1.16 | 1.30 | 1.33 | 1.27 |
Quick Ratio
0.84
Excludes inventory
Current Ratio
1.42
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) |
|---|---|
| 2026-03-31 | 0.84 |
| 2025-12-31 | 0.82 |
| 2025-09-30 | 0.86 |
| 2025-06-30 | 1.08 |
| 2025-03-31 | 1.36 |
| 2024-12-31 | 1.32 |
| 2024-09-30 | 1.89 |
| 2024-06-30 | 1.71 |
| 2024-03-31 | 1.00 |
| 2023-12-31 | 0.97 |
| 2023-09-30 | 1.00 |
| 2023-06-30 | 0.89 |
| 2023-03-31 | 0.89 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 0.93 |
| 2022-06-30 | 1.00 |
| 2022-03-31 | 1.17 |
| 2021-12-31 | 1.23 |
| 2021-09-30 | 1.32 |
| 2021-06-30 | 1.19 |
| 2021-03-31 | 1.10 |
| 2020-12-31 | 1.01 |
| 2020-09-30 | 1.11 |
| 2020-06-30 | 1.37 |
| 2020-03-31 | 1.22 |
| 2019-12-31 | 1.17 |
| 2019-09-30 | 1.25 |
| 2019-06-30 | 1.59 |
| 2019-03-31 | 1.58 |
| 2018-12-31 | 1.65 |
| 2018-09-30 | 8.21 |
| 2018-06-30 | 1.90 |
| 2018-03-31 | 1.79 |
| 2017-12-31 | 1.62 |
| 2017-09-30 | 1.77 |
| 2017-06-30 | 1.59 |
| 2017-03-31 | 1.12 |
| 2016-12-31 | 1.13 |
| 2016-09-30 | 1.49 |
| 2016-06-30 | 1.95 |
| 2016-03-31 | 1.81 |
| 2015-12-31 | 1.19 |
| 2015-09-30 | 1.53 |
| 2015-06-30 | 2.22 |
| 2015-03-31 | 2.50 |
| 2014-12-31 | 2.20 |
| 2014-09-30 | 2.24 |
| 2014-06-30 | 2.32 |
| 2014-03-31 | 2.10 |
| 2013-12-31 | 2.00 |
| 2013-09-30 | 2.18 |
| 2013-06-30 | 1.98 |
| 2013-03-31 | 1.89 |
| 2012-12-31 | 1.64 |
| 2012-09-30 | 1.29 |
| 2012-06-30 | 1.63 |
| 2012-03-31 | 1.52 |
| 2011-12-31 | 1.37 |
| 2011-09-30 | 1.48 |
| 2011-06-30 | 1.39 |
| 2011-03-31 | 1.31 |
| 2010-12-31 | 1.20 |
| 2010-09-30 | 1.28 |
| 2010-06-30 | 1.55 |
| 2010-03-31 | 1.52 |
| 2009-12-31 | 1.41 |
| 2009-09-30 | 2.12 |
| 2009-06-30 | 1.83 |
| 2009-03-31 | 1.73 |
| 2008-12-31 | 1.51 |
| 2008-09-30 | 1.74 |
| 2008-06-30 | 1.39 |
| 2008-03-31 | 1.29 |
| 2007-12-31 | 1.30 |
| 2007-09-30 | 1.57 |
| 2007-06-30 | 1.99 |
| 2007-03-31 | 1.96 |
| 2006-12-31 | 1.42 |
| 2006-09-30 | 0.95 |
| 2006-06-30 | 0.78 |
| 2006-03-31 | 0.61 |
| 2005-12-31 | 0.63 |
| 2005-09-30 | 0.57 |
| 2005-06-30 | 0.59 |
| 2005-03-31 | 1.29 |
| 2004-12-31 | 1.26 |
| 2004-09-30 | 1.16 |
| 2004-06-30 | 0.99 |
| 2004-03-31 | 0.95 |
| 2003-12-31 | 0.85 |
| 2003-09-30 | 0.90 |
| 2003-06-30 | 0.89 |
| 2003-03-31 | 0.85 |
| 2002-12-31 | 1.24 |
| 2002-09-30 | 1.33 |
| 2002-06-30 | 1.06 |
