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 0.78 is in line with its 5-year average of 0.77, around the middle of its 5-year range (0.63–0.88).
As of the fiscal period ended Tuesday, June 30, 2026. 1.11% below its 12-month average of 0.79.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.78
QUICK RATIO (ACID-TEST) AVG TTM
0.79
QUICK RATIO (ACID-TEST) AVG 3Y
0.75
QUICK RATIO (ACID-TEST) AVG 5Y
0.77
QUICK RATIO (ACID-TEST) AVG 10Y
0.91
QUICK RATIO (ACID-TEST) AVG 15Y
1.00
QUICK RATIO (ACID-TEST) AVG 20Y
1.05
CURRENT VS TTM AVG
-1.11%
CURRENT VS 3Y AVG
+3.77%
CURRENT VS 5Y AVG
+0.89%
CURRENT VS 10Y AVG
-14.57%
CURRENT VS 15Y AVG
-22.05%
CURRENT VS 20Y AVG
-25.86%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-35.58%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$26.79B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.79
3Y Avg
0.75
5Y Avg
0.77
Market Cap
$26.64B
Quick Ratio (Acid-Test)
1.53
TTM Avg
1.27
3Y Avg
1.23
5Y Avg
1.37
Market Cap
$25.99B
Quick Ratio (Acid-Test)
1.46
TTM Avg
0.99
3Y Avg
1.07
5Y Avg
1.22
Market Cap
$25.22B
Quick Ratio (Acid-Test)
4.58
TTM Avg
2.59
3Y Avg
3.09
5Y Avg
3.29
Market Cap
$23.79B
Quick Ratio (Acid-Test)
2.12
TTM Avg
2.22
3Y Avg
2.40
5Y Avg
2.33
Market Cap
$30.13B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.39
3Y Avg
1.50
5Y Avg
1.54
Market Cap
$30.16B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $26.79B | 0.78 | 0.79 | 0.75 | 0.77 |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 1.53 | 1.27 | 1.23 | 1.37 |
| Quest Diagnostics Incorporated (DGX)vs › | $25.99B | 1.46 | 0.99 | 1.07 | 1.22 |
| Incyte Corporation (INCY)vs › | $25.22B | 4.58 | 2.59 | 3.09 | 3.29 |
| BioNTech SE (BNTX)vs › | $24.78B | 7.80 | 7.42 | 7.84 | 6.36 |
| Medline Inc. (MDLN)vs › | $29.33B | 2.61 | 1.97 | 2.09 | 2.09 |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.79B | 2.12 | 2.22 | 2.40 | 2.33 |
| Waters Corporation (WAT)vs › | $30.13B | 1.29 | 1.39 | 1.50 | 1.54 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 0.72 | 0.86 | 0.82 | 0.76 |
| Zoetis Inc. (ZTS)vs › | $30.86B | 1.84 | 1.51 | 1.66 | 1.96 |
Quick Ratio
0.78
Excludes inventory
Current Ratio
1.12
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 | 0.78 |
| 2026-03-31 | 0.84 |
| 2025-12-31 | 0.81 |
| 2025-09-30 | 0.74 |
| 2025-06-30 | 0.77 |
| 2025-03-31 | 0.70 |
| 2024-12-31 | 0.73 |
| 2024-09-30 | 0.69 |
| 2024-06-30 | 0.63 |
| 2024-03-31 | 0.74 |
| 2023-12-31 | 0.71 |
| 2023-09-30 | 0.77 |
| 2023-06-30 | 0.84 |
| 2023-03-31 | 0.86 |
| 2022-12-31 | 0.81 |
| 2022-09-30 | 0.74 |
| 2022-06-30 | 0.77 |
| 2022-03-31 | 0.79 |
| 2021-12-31 | 0.75 |
| 2021-09-30 | 0.86 |
| 2021-06-30 | 0.88 |
| 2021-03-31 | 0.90 |
| 2020-12-31 | 0.90 |
| 2020-09-30 | 0.99 |
| 2020-06-30 | 0.98 |
| 2020-03-31 | 1.34 |
| 2019-12-31 | 1.11 |
| 2019-09-30 | 0.95 |
| 2019-06-30 | 0.98 |
| 2019-03-31 | 0.97 |
| 2018-12-31 | 1.06 |
| 2018-09-30 | 1.00 |
| 2018-06-30 | 1.06 |
| 2018-03-31 | 1.02 |
| 2017-12-31 | 1.09 |
| 2017-09-30 | 1.11 |
| 2017-06-30 | 1.12 |
| 2017-03-31 | 1.19 |
| 2016-12-31 | 1.15 |
| 2016-09-30 | 1.14 |
| 2016-06-30 | 1.13 |
| 2016-03-31 | 1.17 |
| 2015-12-31 | 1.04 |
| 2015-09-30 | 1.08 |
| 2015-06-30 | 1.19 |
| 2015-03-31 | 0.93 |
| 2014-12-31 | 0.95 |
| 2014-09-30 | 1.00 |
| 2014-06-30 | 1.03 |
| 2014-03-31 | 1.31 |
| 2013-12-31 | 1.25 |
| 2013-09-30 | 1.17 |
| 2013-06-30 | 1.32 |
| 2013-03-31 | 1.32 |
| 2012-12-31 | 1.18 |
| 2012-09-30 | 1.12 |
| 2012-06-30 | 1.23 |
| 2012-03-31 | 1.27 |
| 2011-12-31 | 1.27 |
| 2011-09-30 | 1.28 |
| 2011-06-30 | 1.47 |
| 2011-03-31 | 1.66 |
| 2010-12-31 | 1.71 |
| 2010-09-30 | 0.94 |
| 2010-06-30 | 0.96 |
| 2010-03-31 | 0.95 |
| 2009-12-31 | 0.97 |
| 2009-09-30 | 1.14 |
| 2009-06-30 | 1.26 |
| 2009-03-31 | 1.37 |
| 2008-12-31 | 1.18 |
| 2008-09-30 | 1.14 |
| 2008-06-30 | 1.15 |
| 2008-03-31 | 1.19 |
| 2007-12-31 | 1.14 |
| 2007-09-30 | 1.10 |
| 2007-06-30 | 1.24 |
| 2007-03-31 | 1.28 |
| 2006-12-31 | 1.36 |
| 2006-09-30 | 1.45 |
| 2006-06-30 | 1.64 |
| 2006-03-31 | 1.78 |
| 2005-12-31 | 1.84 |
| 2005-09-30 | 1.18 |
| 2005-06-30 | 1.26 |
| 2005-03-31 | 1.17 |
| 2004-12-31 | 1.14 |
| 2004-09-30 | 1.03 |
| 2004-06-30 | 1.03 |
| 2004-03-31 | 1.05 |
| 2003-12-31 | 1.08 |
| 2003-09-30 | 0.58 |
| 2003-06-30 | 0.55 |
| 2003-03-31 | 0.90 |
| 2002-12-31 | 0.88 |
| 2002-09-30 | 0.85 |