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 1.91 is in line with its 5-year average of 1.86, around the middle of its 5-year range (1.55–2.54).
As of the fiscal period ended Sunday, June 28, 2026. 13.10% above its 12-month average of 1.69.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.91
QUICK RATIO (ACID-TEST) AVG TTM
1.69
QUICK RATIO (ACID-TEST) AVG 3Y
1.80
QUICK RATIO (ACID-TEST) AVG 5Y
1.86
QUICK RATIO (ACID-TEST) AVG 10Y
2.32
QUICK RATIO (ACID-TEST) AVG 15Y
2.41
QUICK RATIO (ACID-TEST) AVG 20Y
2.45
CURRENT VS TTM AVG
+13.10%
CURRENT VS 3Y AVG
+6.26%
CURRENT VS 5Y AVG
+2.76%
CURRENT VS 10Y AVG
-17.70%
CURRENT VS 15Y AVG
-20.83%
CURRENT VS 20Y AVG
-22.04%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+20.07%
vs the sector median at left
Lam Research Corporation
Market Cap
$396.27B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.69
3Y Avg
1.80
5Y Avg
1.86
Market Cap
$391.53B
Quick Ratio (Acid-Test)
7.23
TTM Avg
6.54
3Y Avg
5.95
5Y Avg
5.31
Market Cap
$372.55B
Quick Ratio (Acid-Test)
1.79
TTM Avg
1.87
3Y Avg
1.73
5Y Avg
1.75
Market Cap
$369.28B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.69
3Y Avg
0.69
5Y Avg
0.70
Market Cap
$432.22B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.85
3Y Avg
0.95
5Y Avg
1.09
Market Cap
$465.76B
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.94
3Y Avg
0.87
5Y Avg
1.23
Market Cap
$287.65B
Quick Ratio (Acid-Test)
5.25
TTM Avg
5.60
3Y Avg
4.15
5Y Avg
4.15
Market Cap
$273.96B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.88
3Y Avg
0.86
5Y Avg
0.85
Market Cap
$265.20B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.81
3Y Avg
1.56
5Y Avg
1.24
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lam Research Corporation (LRCX) | $396.27B | 1.91 | 1.69 | 1.80 | 1.86 |
| Palantir Technologies Inc. (PLTR)vs › | $391.53B | 7.23 | 6.54 | 5.95 | 5.31 |
| Applied Materials, Inc. (AMAT)vs › | $372.55B | 1.79 | 1.87 | 1.73 | 1.75 |
| Dell Technologies Inc. (DELL)vs › | $369.28B | 0.71 | 0.69 | 0.69 | 0.70 |
| Cisco Systems, Inc. (CSCO)vs › | $432.22B | 0.79 | 0.85 | 0.95 | 1.09 |
| Oracle Corporation (ORCL)vs › | $465.76B | 1.12 | 0.94 | 0.87 | 1.23 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $287.65B | 5.25 | 5.60 | 4.15 | 4.15 |
| Palo Alto Networks, Inc. (PANW)vs › | $273.96B | 0.87 | 0.88 | 0.86 | 0.85 |
| Sandisk Corporation (SNDK)vs › | $265.20B | 1.81 | 1.81 | 1.56 | 1.24 |
| Intel Corp. (INTC)vs › | $532.97B | 1.25 | 1.31 | 1.23 | 1.34 |
Quick Ratio
1.91
Excludes inventory
Current Ratio
2.63
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 | 1.91 |
| 2026-03-29 | 1.77 |
| 2025-12-28 | 1.61 |
| 2025-09-28 | 1.60 |
| 2025-06-29 | 1.55 |
| 2025-03-30 | 1.64 |
| 2024-12-29 | 1.73 |
| 2024-09-29 | 1.74 |
| 2024-06-30 | 2.00 |
| 2024-03-31 | 1.84 |
| 2023-12-24 | 2.02 |
| 2023-09-24 | 1.94 |
| 2023-06-30 | 2.01 |
| 2023-03-26 | 1.99 |
| 2022-12-25 | 1.95 |
| 2022-09-25 | 1.83 |
| 2022-06-30 | 1.82 |
| 2022-03-27 | 2.00 |
| 2021-12-26 | 2.34 |
| 2021-09-26 | 2.43 |
| 2021-06-30 | 2.54 |
| 2021-03-28 | 2.43 |
| 2020-12-27 | 2.54 |
| 2020-09-27 | 2.68 |
| 2020-06-30 | 2.83 |
| 2020-03-29 | 3.67 |
| 2019-12-29 | 2.70 |
| 2019-09-29 | 2.99 |
| 2019-06-30 | 2.96 |
| 2019-03-31 | 2.79 |
| 2018-12-23 | 2.61 |
| 2018-09-23 | 2.00 |
| 2018-06-30 | 2.31 |
| 2018-03-25 | 2.21 |
| 2017-12-24 | 2.09 |
| 2017-09-24 | 2.83 |
| 2017-06-30 | 2.68 |
| 2017-03-26 | 2.81 |
| 2016-12-25 | 2.82 |
| 2016-09-25 | 3.49 |
| 2016-06-30 | 3.41 |
| 2016-03-27 | 2.56 |
| 2015-12-27 | 2.60 |
| 2015-09-27 | 2.45 |
| 2015-06-30 | 2.02 |
| 2015-03-29 | 2.96 |
| 2014-12-28 | 2.34 |
| 2014-09-28 | 2.42 |
| 2014-06-30 | 2.56 |
| 2014-03-30 | 2.42 |
| 2013-12-29 | 2.36 |
| 2013-09-29 | 2.36 |
| 2013-06-30 | 2.30 |
| 2013-03-31 | 3.90 |
| 2012-12-23 | 4.02 |
| 2012-09-23 | 4.22 |
| 2012-06-30 | 2.65 |
| 2012-03-25 | 4.68 |
| 2011-12-25 | 4.78 |
| 2011-09-25 | 4.61 |
| 2011-06-30 | 4.23 |
| 2011-03-27 | 3.02 |
| 2010-12-26 | 2.68 |
| 2010-09-26 | 2.58 |
| 2010-06-30 | 2.57 |
| 2010-03-28 | 2.48 |
| 2009-12-27 | 2.68 |
| 2009-09-27 | 3.00 |
| 2009-06-30 | 2.52 |
| 2009-03-29 | 2.68 |
| 2008-12-28 | 3.11 |
| 2008-09-28 | 2.88 |
| 2008-06-30 | 2.56 |
| 2008-03-30 | 2.19 |
| 2007-12-23 | 2.52 |
| 2007-09-23 | 2.33 |
| 2007-06-30 | 1.76 |
| 2007-03-25 | 2.67 |
| 2006-12-24 | 2.73 |
| 2006-09-24 | 2.97 |
| 2006-06-30 | 2.71 |
| 2006-03-26 | 2.75 |
| 2005-12-25 | 2.88 |
| 2005-09-25 | 3.04 |
| 2005-06-30 | 2.99 |
| 2005-03-27 | 2.83 |
| 2004-12-26 | 2.71 |
| 2004-09-26 | 2.24 |
| 2004-06-30 | 2.09 |
| 2004-03-28 | 3.20 |
| 2003-12-28 | 4.03 |
| 2003-09-28 | 3.88 |
| 2003-06-30 | 3.51 |
| 2003-03-30 | 3.05 |
| 2002-12-29 | 3.42 |
| 2002-09-29 | 3.01 |