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 0.81 is 13% below its 5-year average of 0.93, near the low end of its 5-year range (0.76–1.18).
As of the fiscal period ended Sunday, June 28, 2026. 4.10% above its 12-month average of 0.78.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.81
QUICK RATIO (ACID-TEST) AVG TTM
0.78
QUICK RATIO (ACID-TEST) AVG 3Y
0.86
QUICK RATIO (ACID-TEST) AVG 5Y
0.93
QUICK RATIO (ACID-TEST) AVG 10Y
1.01
QUICK RATIO (ACID-TEST) AVG 15Y
1.42
QUICK RATIO (ACID-TEST) AVG 20Y
1.45
CURRENT VS TTM AVG
+4.10%
CURRENT VS 3Y AVG
-4.99%
CURRENT VS 5Y AVG
-13.01%
CURRENT VS 10Y AVG
-19.64%
CURRENT VS 15Y AVG
-42.68%
CURRENT VS 20Y AVG
-43.95%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-32.81%
vs the sector median at left
Johnson & Johnson
Market Cap
$639.90B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.78
3Y Avg
0.86
5Y Avg
0.93
Market Cap
$322.04B
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.23
3Y Avg
1.17
5Y Avg
1.09
Market Cap
$1.14T
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.04
3Y Avg
0.90
5Y Avg
0.94
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson & Johnson (JNJ) | $639.90B | 0.81 | 0.78 | 0.86 | 0.93 |
| Pfizer Inc. (PFE)vs › | $143.34B | 0.87 | 0.90 | 0.87 | 0.95 |
| Merck & Co., Inc. (MRK)vs › | $322.04B | 1.30 | 1.23 | 1.17 | 1.09 |
| AbbVie Inc. (ABBV)vs › | $465.69B | 0.56 | 0.56 | 0.68 | 0.69 |
| Eli Lilly and Company (LLY)vs › | $1.14T | 1.19 | 1.04 | 0.90 | 0.94 |
| Bristol-Myers Squibb Company (BMY)vs › | $128.85B | 1.14 | 1.15 | 1.19 | 1.27 |
Quick Ratio
0.81
Excludes inventory
Current Ratio
1.03
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) |
|---|---|
| 2026-06-28 | 0.81 |
| 2026-03-29 | 0.77 |
| 2025-12-28 | 0.77 |
| 2025-09-28 | 0.80 |
| 2025-06-29 | 0.76 |
| 2025-03-30 | 1.03 |
| 2024-12-29 | 0.86 |
| 2024-09-29 | 0.79 |
| 2024-06-30 | 0.85 |
| 2024-03-31 | 0.94 |
| 2023-12-31 | 0.91 |
| 2023-10-01 | 0.96 |
| 2023-07-02 | 0.88 |
| 2023-04-02 | 0.85 |
| 2022-12-31 | 0.81 |
| 2022-10-02 | 1.18 |
| 2022-07-03 | 1.17 |
| 2022-04-03 | 1.14 |
| 2021-12-31 | 1.12 |
| 2021-10-03 | 1.11 |
| 2021-07-04 | 1.13 |
| 2021-04-04 | 1.04 |
| 2020-12-31 | 0.99 |
| 2020-09-27 | 1.24 |
| 2020-06-28 | 0.99 |
| 2020-03-29 | 1.05 |
| 2019-12-31 | 1.01 |
| 2019-09-29 | 1.00 |
| 2019-06-30 | 1.04 |
| 2019-03-31 | 1.13 |
| 2018-12-31 | 1.20 |
| 2018-09-30 | 1.40 |
| 2018-07-01 | 1.33 |
| 2018-04-01 | 1.25 |
| 2017-12-31 | 1.12 |
| 2017-10-01 | 1.02 |
| 2017-07-02 | 1.01 |
| 2017-04-02 | 2.17 |
| 2016-12-31 | 2.16 |
| 2016-10-02 | 2.36 |
| 2016-07-03 | 2.68 |
| 2016-04-03 | 2.47 |
| 2015-12-31 | 1.88 |
| 2015-09-27 | 2.19 |
| 2015-06-28 | 2.15 |
| 2015-03-29 | 2.10 |
| 2014-12-31 | 1.90 |
| 2014-09-28 | 2.24 |
| 2014-06-29 | 2.13 |
| 2014-03-30 | 2.07 |
| 2013-12-31 | 1.89 |
| 2013-09-29 | 1.71 |
| 2013-06-30 | 1.83 |
| 2013-03-31 | 1.76 |
| 2012-12-31 | 1.59 |
| 2012-09-30 | 1.55 |
| 2012-07-01 | 1.42 |
| 2012-04-01 | 2.37 |
| 2011-12-31 | 2.11 |
| 2011-10-02 | 2.17 |
| 2011-07-03 | 2.20 |
| 2011-04-03 | 1.79 |
| 2010-12-31 | 1.82 |
| 2010-10-03 | 2.14 |
| 2010-07-04 | 1.98 |
| 2010-04-04 | 1.81 |
| 2009-12-31 | 1.58 |
| 2009-09-27 | 1.56 |
| 2009-06-28 | 1.51 |
| 2009-03-29 | 1.38 |
| 2008-12-31 | 1.41 |
| 2008-09-28 | 1.37 |
| 2008-06-29 | 1.38 |
| 2008-03-30 | 1.28 |
| 2007-12-31 | 1.25 |
| 2007-09-30 | 1.22 |
| 2007-07-01 | 1.09 |
| 2007-04-01 | 1.00 |
| 2006-12-31 | 0.94 |
| 2006-10-01 | 2.22 |
| 2006-07-02 | 2.23 |
| 2006-04-02 | 2.24 |
| 2005-12-31 | 2.18 |
| 2005-10-02 | 2.20 |
| 2005-07-03 | 2.13 |
| 2005-04-03 | 1.92 |
| 2004-12-31 | 1.69 |
| 2004-09-26 | 1.88 |
| 2004-06-27 | 1.75 |
| 2004-03-28 | 1.67 |
| 2003-12-31 | 1.44 |
| 2003-09-28 | 1.44 |
| 2003-06-29 | 1.38 |
| 2003-03-30 | 1.48 |
| 2002-12-31 | 1.39 |
| 2002-09-29 | 1.47 |
