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 0.96 is in line with its 5-year average of 0.98, near the low end of its 5-year range (0.60–2.05).
As of the fiscal period ended Sunday, June 28, 2026. 4.86% above its 12-month average of 0.92.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.96
QUICK RATIO (ACID-TEST) AVG TTM
0.92
QUICK RATIO (ACID-TEST) AVG 3Y
0.84
QUICK RATIO (ACID-TEST) AVG 5Y
0.98
QUICK RATIO (ACID-TEST) AVG 10Y
1.01
QUICK RATIO (ACID-TEST) AVG 15Y
1.35
QUICK RATIO (ACID-TEST) AVG 20Y
1.51
CURRENT VS TTM AVG
+4.86%
CURRENT VS 3Y AVG
+14.18%
CURRENT VS 5Y AVG
-1.57%
CURRENT VS 10Y AVG
-5.15%
CURRENT VS 15Y AVG
-28.70%
CURRENT VS 20Y AVG
-36.27%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
-20.48%
vs the sector median at left
Market Cap
$144.25B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.28
3Y Avg
1.37
5Y Avg
1.36
Market Cap
$182.06B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.42
3Y Avg
1.32
5Y Avg
1.28
Market Cap
$134.24B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
Market Cap
$182.59B
Quick Ratio (Acid-Test)
0.97
TTM Avg
1.21
3Y Avg
1.20
5Y Avg
1.26
Market Cap
$132.14B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.15
3Y Avg
1.19
5Y Avg
1.27
Market Cap
$123.70B
Quick Ratio (Acid-Test)
3.91
TTM Avg
3.59
3Y Avg
3.74
5Y Avg
4.30
Market Cap
$122.58B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.61
3Y Avg
0.63
5Y Avg
0.63
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pfizer Inc. (PFE) | $158.39B | 0.96 | 0.92 | 0.84 | 0.98 |
| Danaher Corporation (DHR)vs › | $144.25B | 1.25 | 1.28 | 1.37 | 1.36 |
| Gilead Sciences, Inc. (GILD)vs › | $182.06B | 1.09 | 1.42 | 1.32 | 1.28 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 2.74 | 2.41 | 3.31 | 3.62 |
| Abbott Laboratories (ABT)vs › | $182.59B | 0.97 | 1.21 | 1.20 | 1.26 |
| Bristol-Myers Squibb Company (BMY)vs › | $132.14B | 1.38 | 1.15 | 1.19 | 1.27 |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.70B | 3.91 | 3.59 | 3.74 | 4.30 |
| CVS Health Corp. (CVS)vs › | $122.58B | 0.66 | 0.61 | 0.63 | 0.63 |
| Medtronic plc (MDT)vs › | $118.26B | N/A | 1.52 | 1.60 | 1.67 |
| Novo Nordisk A/S (NVO)vs › | $200.54B | 0.66 | 0.56 | 0.61 | 0.63 |
Quick Ratio
0.96
Excludes inventory
Current Ratio
1.27
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 | 0.96 |
| 2026-03-29 | 0.94 |
| 2025-12-31 | 0.87 |
| 2025-09-28 | 0.97 |
| 2025-06-29 | 0.85 |
| 2025-03-29 | 0.96 |
| 2024-12-31 | 0.92 |
| 2024-09-29 | 0.73 |
| 2024-06-30 | 0.60 |
| 2024-03-31 | 0.78 |
| 2023-12-31 | 0.69 |
| 2023-10-01 | 2.05 |
| 2023-07-02 | 1.82 |
| 2023-04-02 | 1.11 |
| 2022-12-31 | 1.00 |
| 2022-10-02 | 1.37 |
| 2022-07-03 | 1.20 |
| 2022-04-03 | 1.13 |
| 2021-12-31 | 1.19 |
| 2021-10-03 | 1.18 |
| 2021-07-04 | 1.12 |
| 2021-04-04 | 1.16 |
| 2020-12-31 | 1.04 |
| 2020-09-27 | 1.13 |
| 2020-06-28 | 1.16 |
| 2020-03-29 | 0.78 |
| 2019-12-31 | 0.69 |
| 2019-09-29 | 0.68 |
| 2019-06-30 | 1.21 |
| 2019-03-31 | 1.27 |
| 2018-12-31 | 1.33 |
| 2018-09-30 | 1.15 |
| 2018-07-01 | 0.91 |
| 2018-04-01 | 0.98 |
| 2017-12-31 | 1.10 |
| 2017-10-01 | 1.15 |
| 2017-07-02 | 1.06 |
| 2017-04-02 | 1.14 |
| 2016-12-31 | 1.03 |
| 2016-10-02 | 0.89 |
| 2016-07-03 | 1.13 |
| 2016-04-03 | 1.17 |
| 2015-12-31 | 1.23 |
| 2015-09-27 | 1.34 |
| 2015-06-28 | 1.90 |
| 2015-03-29 | 2.16 |
| 2014-12-31 | 2.41 |
| 2014-09-28 | 2.54 |
| 2014-06-29 | 2.37 |
| 2014-03-30 | 2.09 |
| 2013-12-31 | 2.14 |
| 2013-09-29 | 2.60 |
| 2013-06-30 | 2.35 |
| 2013-03-31 | 2.10 |
| 2012-12-31 | 1.90 |
| 2012-09-30 | 1.70 |
| 2012-07-01 | 1.68 |
| 2012-04-01 | 1.76 |
| 2011-12-31 | 1.78 |
| 2011-10-02 | 1.95 |
| 2011-07-03 | 1.70 |
| 2011-04-03 | 1.71 |
| 2010-12-31 | 1.82 |
| 2010-10-03 | 1.87 |
| 2010-07-04 | 1.69 |
| 2010-04-04 | 1.53 |
| 2009-12-31 | 1.32 |
| 2009-09-27 | 2.86 |
| 2009-06-28 | 2.55 |
| 2009-03-29 | 2.13 |
| 2008-12-31 | 1.43 |
| 2008-09-28 | 2.02 |
| 2008-06-29 | 1.87 |
| 2008-03-30 | 2.12 |
| 2007-12-31 | 1.90 |
| 2007-09-30 | 2.56 |
| 2007-07-01 | 2.37 |
| 2007-04-01 | 2.75 |
| 2006-12-31 | 1.91 |
| 2006-10-01 | 1.84 |
| 2006-07-02 | 1.73 |
| 2006-04-02 | 1.56 |
| 2005-12-31 | 1.26 |
| 2005-10-02 | 1.29 |
| 2005-07-03 | 1.20 |
| 2005-04-03 | 1.24 |
| 2004-12-31 | 1.25 |
| 2004-09-26 | 1.30 |
| 2004-06-27 | 1.23 |
| 2004-03-28 | 1.20 |
| 2003-12-31 | 1.01 |
| 2003-09-28 | 1.22 |
| 2003-06-29 | 1.26 |
| 2003-03-30 | 1.52 |
| 2002-12-31 | 1.19 |
| 2002-09-29 | 1.13 |