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 1.03 is in line with its 5-year average of 1.04, around the middle of its 5-year range (0.68–1.43).
As of the fiscal period ended Tuesday, June 30, 2026. 6.50% below its 12-month average of 1.10.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 1.03.
QUICK RATIO (ACID-TEST)
1.03
QUICK RATIO (ACID-TEST) AVG TTM
1.10
QUICK RATIO (ACID-TEST) AVG 3Y
0.93
QUICK RATIO (ACID-TEST) AVG 5Y
1.04
QUICK RATIO (ACID-TEST) AVG 10Y
1.07
QUICK RATIO (ACID-TEST) AVG 15Y
1.13
QUICK RATIO (ACID-TEST) AVG 20Y
1.14
CURRENT VS TTM AVG
-6.50%
CURRENT VS 3Y AVG
+10.66%
CURRENT VS 5Y AVG
-1.81%
CURRENT VS 10Y AVG
-4.59%
CURRENT VS 15Y AVG
-9.50%
CURRENT VS 20Y AVG
-10.33%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-35.52%
vs the sector median at left
Market Cap
$14.05B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.20
3Y Avg
1.05
5Y Avg
1.22
Market Cap
$16.03B
Quick Ratio (Acid-Test)
1.64
TTM Avg
1.76
3Y Avg
2.02
5Y Avg
2.18
Market Cap
$13.55B
Quick Ratio (Acid-Test)
8.33
TTM Avg
4.43
3Y Avg
5.97
5Y Avg
5.50
Market Cap
$16.32B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.80
3Y Avg
0.65
5Y Avg
0.61
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PTC Inc. (PTC) | $14.91B | 1.03 | 1.10 | 0.93 | 1.04 |
| Dynatrace, Inc. (DT)vs › | $14.90B | 1.21 | 1.38 | 1.28 | 1.21 |
| Fabrinet (FN)vs › | $14.68B | 1.52 | 1.90 | 2.23 | 2.15 |
| IonQ, Inc. (IONQ)vs › | $14.20B | 10.66 | 12.57 | 13.37 | 21.44 |
| Tyler Technologies, Inc. (TYL)vs › | $14.05B | 1.55 | 1.20 | 1.05 | 1.22 |
| Akamai Technologies, Inc. (AKAM)vs › | $16.03B | 1.64 | 1.76 | 2.02 | 2.18 |
| Onto Innovation Inc. (ONTO)vs › | $13.55B | 8.33 | 4.43 | 5.97 | 5.50 |
| IREN Limited (IREN)vs › | $16.18B | 3.55 | 3.92 | 5.11 | 3.76 |
| Zebra Technologies Corporation (ZBRA)vs › | $16.32B | 0.33 | 0.80 | 0.65 | 0.61 |
| Leidos Holdings, Inc. (LDOS)vs › | $16.37B | 1.60 | 1.35 | 1.32 | 1.17 |
Quick Ratio
1.03
Excludes inventory
Current Ratio
1.03
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 | 1.03 |
| 2026-03-31 | 1.23 |
| 2025-12-31 | 1.22 |
| 2025-09-30 | 1.12 |
| 2025-06-30 | 0.89 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 0.69 |
| 2024-09-30 | 0.78 |
| 2024-06-30 | 0.70 |
| 2024-03-31 | 0.76 |
| 2023-12-31 | 1.19 |
| 2023-09-30 | 0.76 |
| 2023-06-30 | 0.68 |
| 2023-03-31 | 0.73 |
| 2022-12-31 | 1.43 |
| 2022-09-30 | 1.35 |
| 2022-06-30 | 1.23 |
| 2022-03-31 | 1.24 |
| 2021-12-31 | 1.29 |
| 2021-09-30 | 1.38 |
| 2021-06-30 | 1.23 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 1.31 |
| 2020-09-30 | 1.22 |
| 2020-06-27 | 1.27 |
| 2020-03-28 | 1.13 |
| 2019-12-28 | 1.17 |
| 2019-09-30 | 1.23 |
| 2019-06-29 | 1.25 |
| 2019-03-30 | 1.32 |
| 2018-12-29 | 1.48 |
| 2018-09-30 | 0.86 |
| 2018-06-30 | 0.88 |
| 2018-03-31 | 0.94 |
| 2017-12-30 | 1.03 |
| 2017-09-30 | 0.98 |
| 2017-07-01 | 0.94 |
| 2017-04-01 | 0.98 |
| 2016-12-31 | 0.92 |
| 2016-09-30 | 0.98 |
| 2016-07-02 | 1.05 |
| 2016-04-02 | 1.20 |
| 2016-01-02 | 1.14 |
| 2015-09-30 | 1.14 |
| 2015-07-04 | 1.00 |
| 2015-04-04 | 1.07 |
| 2015-01-03 | 1.18 |
| 2014-09-30 | 1.17 |
| 2014-06-28 | 1.30 |
| 2014-03-29 | 1.34 |
| 2013-12-28 | 1.69 |
| 2013-09-30 | 1.29 |
| 2013-06-29 | 1.30 |
| 2013-03-30 | 1.29 |
| 2012-12-29 | 1.40 |
| 2012-09-30 | 1.82 |
| 2012-06-30 | 1.26 |
| 2012-03-31 | 1.25 |
| 2011-12-31 | 1.37 |
| 2011-09-30 | 1.27 |
| 2011-07-02 | 1.27 |
| 2011-04-02 | 1.43 |
| 2011-01-01 | 1.35 |
| 2010-09-30 | 1.25 |
| 2010-07-03 | 1.22 |
| 2010-04-03 | 1.16 |
| 2010-01-02 | 1.19 |
| 2009-09-30 | 1.11 |
| 2009-07-04 | 1.06 |
| 2009-04-04 | 1.11 |
| 2009-01-03 | 1.02 |
| 2008-09-30 | 1.05 |
| 2008-06-28 | 0.93 |
| 2008-03-29 | 0.88 |
| 2007-12-29 | 0.87 |
| 2007-09-30 | 1.38 |
| 2007-06-30 | 1.49 |
| 2007-03-31 | 1.36 |
| 2006-12-30 | 1.31 |
| 2006-09-30 | 1.14 |
| 2006-07-01 | 1.18 |
| 2006-04-01 | 1.30 |
| 2005-12-31 | 1.25 |
| 2005-09-30 | 1.23 |
| 2005-07-02 | 1.71 |
| 2005-04-02 | 1.64 |
| 2005-01-01 | 1.63 |
| 2004-09-30 | 1.67 |
| 2004-07-03 | 1.41 |
| 2004-04-03 | 1.37 |
| 2004-01-03 | 1.35 |
| 2003-09-30 | 1.40 |
| 2003-06-28 | 1.45 |
| 2003-03-29 | 1.53 |
| 2002-12-28 | 1.58 |
| 2002-09-30 | 1.59 |