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 2.49 is in line with its 5-year average of 2.28, around the middle of its 5-year range (1.51–3.54).
As of the fiscal period ended Friday, July 3, 2026. 19.78% below its 12-month average of 3.10.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.49
QUICK RATIO (ACID-TEST) AVG TTM
3.10
QUICK RATIO (ACID-TEST) AVG 3Y
2.62
QUICK RATIO (ACID-TEST) AVG 5Y
2.28
QUICK RATIO (ACID-TEST) AVG 10Y
1.49
QUICK RATIO (ACID-TEST) AVG 15Y
1.33
QUICK RATIO (ACID-TEST) AVG 20Y
1.32
CURRENT VS TTM AVG
-19.78%
CURRENT VS 3Y AVG
-4.87%
CURRENT VS 5Y AVG
+9.43%
CURRENT VS 10Y AVG
+66.65%
CURRENT VS 15Y AVG
+87.20%
CURRENT VS 20Y AVG
+88.35%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+56.62%
vs the sector median at left
ON Semiconductor Corporation
Market Cap
$27.94B
Quick Ratio (Acid-Test)
2.49
TTM Avg
3.10
3Y Avg
2.62
5Y Avg
2.28
Market Cap
$27.91B
Quick Ratio (Acid-Test)
1.39
TTM Avg
1.35
3Y Avg
1.28
5Y Avg
1.34
Market Cap
$28.10B
Quick Ratio (Acid-Test)
3.83
TTM Avg
4.45
3Y Avg
4.26
5Y Avg
4.13
Market Cap
$26.67B
Quick Ratio (Acid-Test)
2.18
TTM Avg
2.21
3Y Avg
2.21
5Y Avg
2.15
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ON Semiconductor Corporation (ON) | $27.94B | 2.49 | 3.10 | 2.62 | 2.28 |
| Teledyne Technologies Incorporated (TDY)vs › | $27.91B | 1.39 | 1.35 | 1.28 | 1.34 |
| Zoom Communications, Inc. (ZM)vs › | $28.10B | 3.83 | 4.45 | 4.26 | 4.13 |
| Okta, Inc. (OKTA)vs › | $28.29B | 1.53 | 1.35 | 1.65 | 1.81 |
| Zscaler, Inc. (ZS)vs › | $27.27B | 1.70 | 1.85 | 1.67 | 1.87 |
| HP Inc. (HPQ)vs › | $29.13B | 0.48 | 0.46 | 0.46 | 0.48 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.67B | 2.18 | 2.21 | 2.21 | 2.15 |
| Fiserv, Inc. (FISV)vs › | $26.65B | 1.04 | 1.04 | 1.04 | 1.04 |
| MongoDB, Inc. (MDB)vs › | $29.30B | 4.87 | 4.93 | 4.51 | 4.21 |
| Corpay, Inc. (CPAY)vs › | $26.55B | 0.97 | 0.99 | 1.01 | 1.01 |
Quick Ratio
2.49
Excludes inventory
Current Ratio
3.46
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) |
|---|---|
| 2026-07-03 | 2.49 |
| 2026-04-03 | 3.14 |
| 2025-12-31 | 2.98 |
| 2025-10-03 | 3.54 |
| 2025-07-04 | 3.37 |
| 2025-04-04 | 3.32 |
| 2024-12-31 | 3.38 |
| 2024-09-27 | 2.02 |
| 2024-06-28 | 1.95 |
| 2024-03-29 | 1.87 |
| 2023-12-31 | 1.74 |
| 2023-09-29 | 1.60 |
| 2023-06-30 | 1.60 |
| 2023-03-31 | 1.51 |
| 2022-12-31 | 2.00 |
| 2022-09-30 | 2.12 |
| 2022-07-01 | 1.88 |
| 2022-04-01 | 1.83 |
| 2021-12-31 | 1.56 |
| 2021-10-01 | 1.60 |
| 2021-07-02 | 1.32 |
| 2021-04-02 | 1.09 |
| 2020-12-31 | 1.15 |
| 2020-10-02 | 1.40 |
| 2020-07-03 | 1.62 |
| 2020-04-03 | 1.60 |
| 2019-12-31 | 0.98 |
| 2019-09-27 | 0.92 |
| 2019-06-28 | 1.41 |
| 2019-03-29 | 1.38 |
| 2018-12-31 | 1.32 |
| 2018-09-28 | 1.44 |
| 2018-06-29 | 0.91 |
| 2018-03-30 | 0.93 |
| 2017-12-31 | 1.31 |
| 2017-09-29 | 1.25 |
| 2017-06-30 | 1.29 |
| 2017-03-31 | 1.32 |
| 2016-12-31 | 1.22 |
| 2016-09-30 | 1.15 |
| 2016-07-01 | 0.93 |
| 2016-04-01 | 0.96 |
| 2015-12-31 | 0.92 |
| 2015-10-02 | 0.90 |
| 2015-07-03 | 0.90 |
| 2015-04-03 | 1.00 |
| 2014-12-31 | 1.03 |
| 2014-09-26 | 1.07 |
| 2014-06-27 | 1.30 |
| 2014-03-28 | 1.36 |
| 2013-12-31 | 1.34 |
| 2013-09-27 | 1.21 |
| 2013-06-28 | 1.21 |
| 2013-03-29 | 1.21 |
| 2012-12-31 | 1.09 |
| 2012-09-28 | 1.13 |
| 2012-06-29 | 1.12 |
| 2012-03-30 | 1.16 |
| 2011-12-31 | 1.17 |
| 2011-09-30 | 1.18 |
| 2011-07-01 | 1.20 |
| 2011-04-01 | 1.29 |
| 2010-12-31 | 1.40 |
| 2010-10-01 | 1.40 |
| 2010-07-02 | 1.31 |
| 2010-04-02 | 1.61 |
| 2009-12-31 | 1.45 |
| 2009-10-02 | 1.41 |
| 2009-07-03 | 1.26 |
| 2009-04-03 | 1.42 |
| 2008-12-31 | 1.30 |
| 2008-09-26 | 1.26 |
| 2008-06-27 | 1.11 |
| 2008-03-28 | 0.98 |
| 2007-12-31 | 1.25 |
| 2007-09-28 | 1.46 |
| 2007-06-29 | 1.27 |
| 2007-03-30 | 1.24 |
| 2006-12-31 | 1.13 |
| 2006-09-29 | 1.27 |
| 2006-06-30 | 1.18 |
| 2006-03-31 | 1.19 |
| 2005-12-31 | 1.08 |
| 2005-09-30 | 1.38 |
| 2005-07-01 | 1.31 |
| 2005-04-01 | 1.19 |
| 2004-12-31 | 1.06 |
| 2004-10-01 | 1.19 |
| 2004-07-02 | 1.14 |
| 2004-04-02 | 1.20 |
| 2003-12-31 | 1.13 |
| 2003-10-03 | 1.10 |
| 2003-07-04 | 1.06 |
| 2003-04-04 | 1.13 |
| 2002-12-31 | 1.11 |
| 2002-09-27 | 1.16 |