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 0.86 is 20% above its 5-year average of 0.72, near the high end of its 5-year range (0.53–0.94).
As of the fiscal period ended Tuesday, June 30, 2026. 10.39% above its 12-month average of 0.78.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.86.
QUICK RATIO (ACID-TEST)
0.86
QUICK RATIO (ACID-TEST) AVG TTM
0.78
QUICK RATIO (ACID-TEST) AVG 3Y
0.73
QUICK RATIO (ACID-TEST) AVG 5Y
0.72
QUICK RATIO (ACID-TEST) AVG 10Y
0.67
QUICK RATIO (ACID-TEST) AVG 15Y
0.71
QUICK RATIO (ACID-TEST) AVG 20Y
0.71
CURRENT VS TTM AVG
+10.39%
CURRENT VS 3Y AVG
+17.77%
CURRENT VS 5Y AVG
+19.78%
CURRENT VS 10Y AVG
+28.15%
CURRENT VS 15Y AVG
+21.96%
CURRENT VS 20Y AVG
+20.68%
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-41.25%
vs the sector median at left
Market Cap
$35.07B
Quick Ratio (Acid-Test)
1.45
TTM Avg
1.19
3Y Avg
1.57
5Y Avg
1.62
Market Cap
$31.73B
Quick Ratio (Acid-Test)
2.33
TTM Avg
2.09
3Y Avg
1.44
5Y Avg
1.23
Market Cap
$31.56B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.63
3Y Avg
1.75
5Y Avg
1.71
Market Cap
$29.61B
Quick Ratio (Acid-Test)
0.73
TTM Avg
1.88
3Y Avg
1.91
5Y Avg
1.88
Market Cap
$51.57B
Quick Ratio (Acid-Test)
2.07
TTM Avg
1.83
3Y Avg
1.58
5Y Avg
1.62
Market Cap
$23.55B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.08
3Y Avg
1.07
5Y Avg
1.05
Market Cap
$21.83B
Quick Ratio (Acid-Test)
1.72
TTM Avg
1.07
3Y Avg
1.06
5Y Avg
1.08
Market Cap
$21.36B
Quick Ratio (Acid-Test)
2.68
TTM Avg
3.00
3Y Avg
2.72
5Y Avg
3.27
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nutrien Ltd. (NTR) | $37.97B | 0.86 | 0.78 | 0.73 | 0.72 |
| Steel Dynamics, Inc. (STLD)vs › | $35.07B | 1.45 | 1.19 | 1.57 | 1.62 |
| Teck Resources Limited (TECK)vs › | $31.73B | 2.33 | 2.09 | 1.44 | 1.23 |
| Vulcan Materials Company (VMC)vs › | $31.56B | 1.20 | 1.63 | 1.75 | 1.71 |
| Martin Marietta Materials, Inc. (MLM)vs › | $29.61B | 0.73 | 1.88 | 1.91 | 1.88 |
| AngloGold Ashanti plc (AU)vs › | $51.57B | 2.07 | 1.83 | 1.58 | 1.62 |
| PPG Industries, Inc. (PPG)vs › | $23.55B | 1.15 | 1.08 | 1.07 | 1.05 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.83B | 1.72 | 1.07 | 1.06 | 1.08 |
| Royal Gold, Inc. (RGLD)vs › | $21.36B | 2.68 | 3.00 | 2.72 | 3.27 |
| Dow Inc. (DOW)vs › | $21.35B | 7.24 | 1.11 | 1.15 | 1.13 |
Quick Ratio
0.86
Excludes inventory
Current Ratio
1.39
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 | 0.86 |
| 2026-03-31 | 0.59 |
| 2025-12-31 | 0.70 |
| 2025-09-30 | 0.89 |
| 2025-06-30 | 0.85 |
| 2025-03-31 | 0.59 |
| 2024-12-31 | 0.63 |
| 2024-09-30 | 0.82 |
| 2024-06-30 | 0.82 |
| 2024-03-31 | 0.53 |
| 2023-12-31 | 0.65 |
| 2023-09-30 | 0.79 |
| 2023-06-30 | 0.78 |
| 2023-03-31 | 0.54 |
| 2022-12-31 | 0.61 |
| 2022-09-30 | 0.70 |
| 2022-06-30 | 0.75 |
| 2022-03-31 | 0.53 |
| 2021-12-31 | 0.60 |
| 2021-09-30 | 0.94 |
| 2021-06-30 | 0.91 |
| 2021-03-31 | 0.62 |
| 2020-12-31 | 0.77 |
| 2020-09-30 | 0.85 |
| 2020-06-30 | 0.86 |
| 2020-03-31 | 0.59 |
| 2019-12-31 | 0.62 |
| 2019-09-30 | 0.77 |
| 2019-06-30 | 0.79 |
| 2019-03-31 | 0.48 |
| 2018-12-31 | 0.81 |
| 2018-09-30 | 0.74 |
| 2018-06-30 | 0.76 |
| 2018-03-31 | 0.56 |
| 2017-12-31 | 1.58 |
| 2017-09-30 | 0.50 |
| 2017-06-30 | 0.43 |
| 2017-03-31 | 0.39 |
| 2016-12-31 | 0.37 |
| 2016-09-30 | 0.44 |
| 2016-06-30 | 0.41 |
| 2016-03-31 | 0.46 |
| 2015-12-31 | 0.46 |
| 2015-09-30 | 0.65 |
| 2015-06-30 | 0.78 |
| 2015-03-31 | 0.72 |
| 2014-12-31 | 0.59 |
| 2014-09-30 | 0.52 |
| 2014-06-30 | 0.70 |
| 2014-03-31 | 0.94 |
| 2013-12-31 | 0.69 |
| 2013-09-30 | 0.85 |
| 2013-06-30 | 1.02 |
| 2013-03-31 | 1.03 |
| 2012-12-31 | 0.94 |
| 2012-09-30 | 1.07 |
| 2012-06-30 | 1.04 |
| 2012-03-31 | 0.74 |
| 2011-12-31 | 0.76 |
| 2011-09-30 | 0.81 |
| 2011-06-30 | 0.70 |
| 2011-03-31 | 0.59 |
| 2010-12-31 | 0.50 |
| 2010-09-30 | 0.67 |
| 2010-06-30 | 0.64 |
| 2010-03-31 | 0.89 |
| 2009-12-31 | 1.04 |
| 2009-09-30 | 1.35 |
| 2009-06-30 | 1.11 |
| 2009-03-31 | 0.95 |
| 2008-12-31 | 0.59 |
| 2008-09-30 | 0.62 |
| 2008-06-30 | 0.63 |
| 2008-03-31 | 1.02 |
| 2007-12-31 | 1.38 |
| 2007-09-30 | 1.57 |
| 2007-06-30 | 1.33 |
| 2007-03-31 | 0.96 |
| 2006-12-31 | 0.73 |
| 2006-09-30 | 0.50 |
| 2006-06-30 | 0.42 |
| 2006-03-31 | 0.53 |
| 2005-12-31 | 0.54 |
| 2005-09-30 | 0.84 |
| 2005-06-30 | 1.21 |
| 2005-03-31 | 1.33 |
| 2004-12-31 | 1.20 |
| 2004-09-30 | 1.28 |
| 2004-06-30 | 1.01 |
| 2004-03-31 | 0.72 |
| 2003-12-31 | 0.61 |
| 2003-09-30 | 0.75 |
| 2003-06-30 | 0.70 |
| 2003-03-31 | 0.66 |
| 2002-12-31 | 0.40 |
| 2002-09-30 | 0.45 |
