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 1.12 is in line with its 5-year average of 1.10, near the high end of its 5-year range (0.97–1.19).
As of the fiscal period ended Tuesday, June 30, 2026. 6.26% above its 12-month average of 1.06.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.12
QUICK RATIO (ACID-TEST) AVG TTM
1.06
QUICK RATIO (ACID-TEST) AVG 3Y
1.11
QUICK RATIO (ACID-TEST) AVG 5Y
1.10
QUICK RATIO (ACID-TEST) AVG 10Y
1.01
QUICK RATIO (ACID-TEST) AVG 15Y
0.97
QUICK RATIO (ACID-TEST) AVG 20Y
0.95
CURRENT VS TTM AVG
+6.26%
CURRENT VS 3Y AVG
+0.91%
CURRENT VS 5Y AVG
+1.97%
CURRENT VS 10Y AVG
+11.69%
CURRENT VS 15Y AVG
+16.14%
CURRENT VS 20Y AVG
+18.73%
SECTOR MEDIAN · ENERGY
1.08
median of 35 covered companies
CURRENT VS SECTOR MEDIAN
+4.03%
vs the sector median at left
Market Cap
$154.46B
Quick Ratio (Acid-Test)
1.39
TTM Avg
1.14
3Y Avg
1.23
5Y Avg
1.37
Market Cap
$398.34B
Quick Ratio (Acid-Test)
1.07
TTM Avg
0.84
3Y Avg
0.98
5Y Avg
0.98
Market Cap
$103.76B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.72
3Y Avg
0.98
5Y Avg
1.07
Market Cap
$100.05B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.55
3Y Avg
0.60
5Y Avg
0.61
Market Cap
$98.38B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.07
3Y Avg
1.06
5Y Avg
1.03
Market Cap
$91.98B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.46
3Y Avg
0.59
5Y Avg
0.63
Market Cap
$84.16B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.74
3Y Avg
0.71
5Y Avg
0.74
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shell plc (SHEL) | $252.24B | 1.12 | 1.06 | 1.11 | 1.10 |
| ConocoPhillips (COP)vs › | $154.46B | 1.39 | 1.14 | 1.23 | 1.37 |
| Chevron Corporation (CVX)vs › | $398.34B | 1.07 | 0.84 | 0.98 | 0.98 |
| Marathon Petroleum Corporation (MPC)vs › | $103.76B | 0.89 | 0.72 | 0.98 | 1.07 |
| Canadian Natural Resources Limited (CNQ)vs › | $100.05B | 0.75 | 0.55 | 0.60 | 0.61 |
| Valero Energy Corporation (VLO)vs › | $98.38B | 1.23 | 1.07 | 1.06 | 1.03 |
| Phillips 66 (PSX)vs › | $93.66B | 1.00 | 0.92 | 1.00 | 0.98 |
| The Williams Companies, Inc. (WMB)vs › | $91.98B | 0.43 | 0.46 | 0.59 | 0.63 |
| Enterprise Products Partners L.P. (EPD)vs › | $84.16B | 0.66 | 0.74 | 0.71 | 0.74 |
| Eni S.p.A. (E)vs › | $80.09B | 1.00 | 1.02 | 1.07 | 1.11 |
Quick Ratio
1.12
Excludes inventory
Current Ratio
1.43
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 | 1.12 |
| 2026-03-31 | 0.97 |
| 2025-12-31 | 1.03 |
| 2025-09-30 | 1.10 |
| 2025-06-30 | 1.07 |
| 2025-03-31 | 1.08 |
| 2024-12-31 | 1.10 |
| 2024-09-30 | 1.13 |
| 2024-06-30 | 1.12 |
| 2024-03-31 | 1.14 |
| 2023-12-31 | 1.13 |
| 2023-09-30 | 1.17 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 1.19 |
| 2022-12-31 | 1.10 |
| 2022-09-30 | 1.08 |
| 2022-06-30 | 1.09 |
| 2022-03-31 | 1.08 |
| 2021-12-31 | 1.08 |
| 2021-09-30 | 1.03 |
| 2021-06-30 | 1.02 |
| 2021-03-31 | 1.01 |
| 2020-12-31 | 0.98 |
| 2020-09-30 | 1.06 |
| 2020-06-30 | 0.99 |
| 2020-03-31 | 0.93 |
| 2019-12-31 | 0.86 |
| 2019-09-30 | 0.84 |
| 2019-06-30 | 0.81 |
| 2019-03-31 | 0.87 |
| 2018-12-31 | 0.98 |
| 2018-09-30 | 0.87 |
| 2018-06-30 | 0.93 |
| 2018-03-31 | 0.90 |
| 2017-12-31 | 0.88 |
| 2017-09-30 | 0.91 |
| 2017-06-30 | 0.92 |
| 2017-03-31 | 0.90 |
| 2016-12-31 | 0.88 |
| 2016-09-30 | 0.89 |
| 2016-06-30 | 0.84 |
| 2016-03-31 | 0.81 |
| 2015-12-31 | 1.09 |
| 2015-09-30 | 1.06 |
| 2015-06-30 | 0.99 |
| 2015-03-31 | 0.90 |
| 2014-12-31 | 0.93 |
| 2014-09-30 | 0.88 |
| 2014-06-30 | 0.85 |
| 2014-03-31 | 0.82 |
| 2013-12-31 | 0.79 |
| 2013-09-30 | 0.82 |
| 2013-06-30 | 0.82 |
| 2013-03-31 | 0.85 |
| 2012-12-31 | 0.87 |
| 2012-09-30 | 0.86 |
| 2012-06-30 | 0.91 |
| 2012-03-31 | 0.86 |
| 2011-12-31 | 0.88 |
| 2011-09-30 | 0.91 |
| 2011-06-30 | 0.87 |
| 2011-03-31 | 0.85 |
| 2010-12-31 | 0.83 |
| 2010-09-30 | 0.80 |
| 2010-06-30 | 0.88 |
| 2010-03-31 | 0.85 |
| 2009-12-31 | 0.81 |
| 2009-09-30 | 0.91 |
| 2009-06-30 | 0.89 |
| 2009-03-31 | 0.92 |
| 2008-12-31 | 0.92 |
| 2008-09-30 | 0.87 |
| 2008-06-30 | 0.90 |
| 2008-03-31 | 0.90 |
| 2007-12-31 | 0.89 |
| 2007-09-30 | 0.92 |
| 2007-06-30 | 0.94 |
| 2007-03-31 | 0.86 |
| 2006-12-31 | 0.89 |
| 2006-09-30 | 0.90 |
| 2006-06-30 | 0.90 |
| 2006-03-31 | 0.91 |
| 2005-12-31 | 0.92 |
| 2005-09-30 | 0.96 |
| 2005-06-30 | 0.89 |
| 2005-03-31 | 0.81 |
| 2004-12-31 | 0.85 |
| 2004-09-30 | 0.75 |
| 2004-06-30 | 0.71 |