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 8.33 is 38% above its 5-year average of 6.05, near the high end of its 5-year range (4.17–8.33).
As of the fiscal period ended Tuesday, June 30, 2026. 31.52% above its 12-month average of 6.33.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.33.
QUICK RATIO (ACID-TEST)
8.33
QUICK RATIO (ACID-TEST) AVG TTM
6.33
QUICK RATIO (ACID-TEST) AVG 3Y
6.76
QUICK RATIO (ACID-TEST) AVG 5Y
6.05
QUICK RATIO (ACID-TEST) AVG 10Y
5.68
QUICK RATIO (ACID-TEST) AVG 15Y
5.79
QUICK RATIO (ACID-TEST) AVG 20Y
5.52
CURRENT VS TTM AVG
+31.52%
CURRENT VS 3Y AVG
+23.24%
CURRENT VS 5Y AVG
+37.72%
CURRENT VS 10Y AVG
+46.75%
CURRENT VS 15Y AVG
+43.87%
CURRENT VS 20Y AVG
+50.97%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+423.88%
vs the sector median at left
Onto Innovation Inc.
Market Cap
$13.10B
Quick Ratio (Acid-Test)
8.33
TTM Avg
6.33
3Y Avg
6.76
5Y Avg
6.05
Market Cap
$13.19B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.77
3Y Avg
0.81
5Y Avg
0.87
Market Cap
$13.36B
Quick Ratio (Acid-Test)
1.94
TTM Avg
1.76
3Y Avg
2.72
5Y Avg
2.56
Market Cap
$13.55B
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.59
3Y Avg
1.41
5Y Avg
1.41
Market Cap
$12.50B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.95
3Y Avg
1.88
5Y Avg
1.72
Market Cap
$13.82B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.20
3Y Avg
1.05
5Y Avg
1.22
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Onto Innovation Inc. (ONTO) | $13.10B | 8.33 | 6.33 | 6.76 | 6.05 |
| DocuSign, Inc. (DOCU)vs › | $13.19B | 0.64 | 0.77 | 0.81 | 0.87 |
| GoDaddy Inc. (GDDY)vs › | $12.90B | 0.63 | 0.67 | 0.61 | 0.63 |
| Skyworks Solutions, Inc. (SWKS)vs › | $13.36B | 1.94 | 1.76 | 2.72 | 2.56 |
| Trimble Inc. (TRMB)vs › | $13.42B | 0.82 | 1.06 | 1.00 | 0.93 |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.55B | 1.67 | 1.59 | 1.41 | 1.41 |
| Amkor Technology, Inc. (AMKR)vs › | $12.50B | 1.91 | 1.95 | 1.88 | 1.72 |
| Gartner, Inc. (IT)vs › | $12.44B | 0.88 | 1.03 | 0.94 | 0.89 |
| Tyler Technologies, Inc. (TYL)vs › | $13.82B | 1.55 | 1.20 | 1.05 | 1.22 |
| Manhattan Associates, Inc. (MANH)vs › | $12.33B | 0.98 | 1.27 | 1.29 | 1.42 |
Quick Ratio
8.33
Excludes inventory
Current Ratio
9.73
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 | 8.33 |
| 2026-03-31 | 4.68 |
| 2026-01-03 | 4.43 |
| 2025-09-27 | 7.89 |
| 2025-06-28 | 7.86 |
| 2025-03-29 | 6.74 |
| 2024-12-28 | 7.00 |
| 2024-09-28 | 7.94 |
| 2024-06-29 | 7.18 |
| 2024-03-30 | 6.82 |
| 2023-12-31 | 6.47 |
| 2023-09-30 | 6.45 |
| 2023-07-01 | 6.07 |
| 2023-04-01 | 5.50 |
| 2022-12-31 | 5.05 |
| 2022-10-01 | 4.81 |
| 2022-07-02 | 4.56 |
| 2022-04-02 | 4.17 |
| 2021-12-31 | 4.56 |
| 2021-09-25 | 4.46 |
| 2021-06-26 | 4.54 |
| 2021-03-27 | 4.38 |
| 2020-12-31 | 4.50 |
| 2020-09-26 | 5.06 |
| 2020-06-27 | 4.79 |
| 2020-03-28 | 4.96 |
| 2019-12-31 | 5.43 |
| 2019-09-28 | 5.88 |
| 2019-06-29 | 5.70 |
| 2019-03-30 | 5.71 |
| 2018-12-31 | 5.65 |
| 2018-09-29 | 6.03 |
| 2018-06-30 | 5.91 |
| 2018-03-31 | 5.44 |
| 2017-12-31 | 6.02 |
| 2017-09-30 | 5.35 |
| 2017-07-01 | 4.87 |
| 2017-04-01 | 6.11 |
| 2016-12-31 | 5.48 |
| 2016-09-24 | 4.26 |
| 2016-06-25 | 2.35 |
| 2016-03-26 | 2.30 |
| 2015-12-31 | 2.26 |
| 2015-09-26 | 2.21 |
| 2015-06-27 | 5.40 |
| 2015-03-28 | 5.72 |
| 2014-12-31 | 6.33 |
| 2014-09-27 | 6.59 |
| 2014-06-28 | 5.02 |
| 2014-03-29 | 6.42 |
| 2013-12-31 | 7.16 |
| 2013-09-28 | 6.49 |
| 2013-06-29 | 5.94 |
| 2013-03-30 | 6.23 |
| 2012-12-31 | 6.23 |
| 2012-09-29 | 4.74 |
| 2012-06-30 | 5.50 |
| 2012-03-31 | 6.78 |
| 2011-12-31 | 7.40 |
| 2011-10-01 | 8.81 |
| 2011-07-02 | 5.66 |
| 2011-04-02 | 5.26 |
| 2010-12-31 | 5.01 |
| 2010-10-02 | 4.43 |
| 2010-07-03 | 3.97 |
| 2010-04-03 | 3.80 |
| 2009-12-31 | 5.14 |
| 2009-09-26 | 5.44 |
| 2009-06-27 | 7.64 |
| 2009-03-28 | 7.23 |
| 2008-12-31 | 6.75 |
| 2008-09-27 | 5.08 |
| 2008-06-28 | 4.28 |
| 2008-03-29 | 3.77 |
| 2007-12-31 | 4.85 |
| 2007-09-29 | 9.37 |
| 2007-06-30 | 7.18 |
| 2007-03-31 | 6.13 |
| 2006-12-31 | 4.99 |
| 2006-09-30 | 3.99 |
| 2006-07-01 | 3.87 |
| 2006-04-01 | 4.24 |
| 2005-12-31 | 7.47 |
| 2005-10-01 | 6.53 |
| 2005-07-02 | 7.05 |
| 2005-04-02 | 6.37 |
| 2004-12-31 | 6.94 |
| 2004-10-02 | 5.93 |
| 2004-07-03 | 6.64 |
| 2004-04-03 | 6.51 |
| 2003-12-31 | 8.01 |
| 2003-09-30 | 7.47 |
| 2003-06-30 | 6.63 |
| 2003-03-31 | 5.69 |
| 2002-12-31 | 5.23 |
| 2002-09-30 | 5.12 |