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 0.27 is 76% below its 5-year average of 1.13, near the low end of its 5-year range (0.27–2.14).
As of the fiscal period ended Tuesday, March 31, 2026. 64.34% below its 12-month average of 0.76.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.27
QUICK RATIO (ACID-TEST) AVG TTM
0.76
QUICK RATIO (ACID-TEST) AVG 3Y
0.80
QUICK RATIO (ACID-TEST) AVG 5Y
1.13
QUICK RATIO (ACID-TEST) AVG 10Y
1.06
QUICK RATIO (ACID-TEST) AVG 15Y
0.97
QUICK RATIO (ACID-TEST) AVG 20Y
0.96
CURRENT VS TTM AVG
-64.34%
CURRENT VS 3Y AVG
-66.14%
CURRENT VS 5Y AVG
-76.09%
CURRENT VS 10Y AVG
-74.45%
CURRENT VS 15Y AVG
-72.26%
CURRENT VS 20Y AVG
-71.82%
SECTOR MEDIAN · REAL ESTATE
0.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-69.82%
vs the sector median at left
Market Cap
$61.17B
Quick Ratio (Acid-Test)
0.51
TTM Avg
1.09
3Y Avg
1.05
5Y Avg
1.35
Market Cap
$40.84B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.08
3Y Avg
1.09
5Y Avg
1.13
Market Cap
$73.65B
Quick Ratio (Acid-Test)
4.50
TTM Avg
2.81
3Y Avg
1.64
5Y Avg
1.19
Market Cap
$74.51B
Quick Ratio (Acid-Test)
0.16
TTM Avg
0.49
3Y Avg
0.67
5Y Avg
0.67
Market Cap
$38.18B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.65
3Y Avg
0.72
5Y Avg
0.71
Market Cap
$77.65B
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.54
3Y Avg
0.51
5Y Avg
0.54
Market Cap
$32.73B
Quick Ratio (Acid-Test)
0.26
TTM Avg
0.38
3Y Avg
0.40
5Y Avg
0.47
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Storage (PSA) | $56.62B | 0.27 | 0.76 | 0.80 | 1.13 |
| Realty Income Corporation (O)vs › | $61.17B | 0.51 | 1.09 | 1.05 | 1.35 |
| Ventas, Inc. (VTR)vs › | $48.87B | 0.96 | 1.00 | 0.83 | 0.84 |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 1.09 | 1.08 | 1.09 | 1.13 |
| Digital Realty Trust, Inc. (DLR)vs › | $73.65B | 4.50 | 2.81 | 1.64 | 1.19 |
| Simon Property Group, Inc. (SPG)vs › | $74.51B | 0.16 | 0.49 | 0.67 | 0.67 |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 0.74 | 0.65 | 0.72 | 0.71 |
| American Tower Corporation (AMT)vs › | $77.65B | 0.63 | 0.54 | 0.51 | 0.54 |
| Crown Castle Inc. (CCI)vs › | $32.73B | 0.26 | 0.38 | 0.40 | 0.47 |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 1.28 | 1.10 | 0.93 | 0.82 |
Quick Ratio
0.27
Excludes inventory
Current Ratio
0.75
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) |
|---|---|
| 2026-03-31 | 0.27 |
| 2025-12-31 | 0.75 |
| 2025-09-30 | 0.45 |
| 2025-06-30 | 1.77 |
| 2025-03-31 | 0.55 |
| 2024-12-31 | 0.76 |
| 2024-09-30 | 0.97 |
| 2024-06-30 | 0.93 |
| 2024-03-31 | 0.54 |
| 2023-12-31 | 0.62 |
| 2023-09-30 | 0.98 |
| 2023-06-30 | 1.28 |
| 2023-03-31 | 1.48 |
| 2022-12-31 | 1.51 |
| 2022-09-30 | 1.50 |
| 2022-06-30 | 2.14 |
| 2022-03-31 | 2.07 |
| 2021-12-31 | 1.52 |
| 2021-09-30 | 2.02 |
| 2021-06-30 | 1.18 |
| 2021-03-31 | 0.43 |
| 2020-12-31 | 0.65 |
| 2020-09-30 | 0.68 |
| 2020-06-30 | 3.21 |
| 2020-03-31 | 2.01 |
| 2019-12-31 | 1.07 |
| 2019-09-30 | 1.22 |
| 2019-06-30 | 0.88 |
| 2019-03-31 | 0.58 |
| 2018-12-31 | 0.97 |
| 2018-09-30 | 1.06 |
| 2018-06-30 | 0.96 |
| 2018-03-31 | 1.11 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.82 |
| 2017-06-30 | 1.11 |
| 2017-03-31 | 0.41 |
| 2016-12-31 | 0.62 |
| 2016-09-30 | 0.17 |
| 2016-06-30 | 0.85 |
| 2016-03-31 | 1.11 |
| 2015-12-31 | 0.40 |
| 2015-09-30 | 0.12 |
| 2015-06-30 | 0.07 |
| 2015-03-31 | 0.58 |
| 2014-12-31 | 0.76 |
| 2014-09-30 | 0.38 |
| 2014-06-30 | 3.38 |
| 2014-03-31 | 2.34 |
| 2013-12-31 | 3.26 |
| 2013-09-30 | 3.69 |
| 2013-06-30 | 5.58 |
| 2013-03-31 | 5.83 |
| 2012-12-31 | 2.51 |
| 2012-09-30 | 2.21 |
| 2012-06-30 | 0.43 |
| 2012-03-31 | 0.58 |
| 2011-12-31 | 0.23 |
| 2011-09-30 | 0.24 |
| 2011-06-30 | 0.21 |
| 2011-03-31 | 0.22 |
| 2010-12-31 | 2.71 |
| 2010-09-29 | 0.74 |
| 2010-06-30 | 2.46 |
| 2010-03-31 | 1.14 |
| 2009-12-31 | 1.17 |
| 2009-09-30 | 0.88 |
| 2009-06-30 | 0.79 |
| 2009-03-31 | 0.67 |
| 2008-12-31 | 3.21 |
| 2008-09-30 | 0.90 |
| 2008-06-30 | 0.85 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 1.82 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 5.26 |
| 2007-03-31 | 0.69 |
| 2006-12-31 | 1.61 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 4.33 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 2.83 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 1.24 |
| 2002-06-30 | 1.07 |
