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 1.76 is 32% above its 5-year average of 1.34, around the middle of its 5-year range (0.08–3.52).
As of the fiscal period ended Tuesday, March 31, 2026. 81.08% above its 12-month average of 0.97.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.76
QUICK RATIO (ACID-TEST) AVG TTM
0.97
QUICK RATIO (ACID-TEST) AVG 3Y
1.28
QUICK RATIO (ACID-TEST) AVG 5Y
1.11
QUICK RATIO (ACID-TEST) AVG 10Y
1.41
QUICK RATIO (ACID-TEST) AVG 15Y
1.46
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+81.08%
CURRENT VS 3Y AVG
+37.76%
CURRENT VS 5Y AVG
+58.46%
CURRENT VS 10Y AVG
+24.90%
CURRENT VS 15Y AVG
+20.74%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
0.90
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+96.37%
vs the sector median at left
Terreno Realty Corporation
Market Cap
$7.73B
Quick Ratio (Acid-Test)
1.76
TTM Avg
0.97
3Y Avg
1.28
5Y Avg
1.11
Market Cap
$8.88B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.42
3Y Avg
0.45
5Y Avg
0.48
Market Cap
$8.88B
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.79
3Y Avg
1.07
5Y Avg
1.51
Market Cap
$9.68B
Quick Ratio (Acid-Test)
0.83
TTM Avg
0.80
3Y Avg
0.82
5Y Avg
0.82
Market Cap
$10.89B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.09
3Y Avg
1.17
5Y Avg
1.44
Market Cap
$11.30B
Quick Ratio (Acid-Test)
2.84
TTM Avg
5.90
3Y Avg
9.43
5Y Avg
10.20
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Terreno Realty Corporation (TRNO) | $7.73B | 1.76 | 0.97 | 1.28 | 1.11 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.88B | 0.43 | 0.42 | 0.45 | 0.48 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.88B | 1.14 | 0.79 | 1.07 | 1.51 |
| NNN REIT, Inc. (NNN)vs › | $9.39B | 0.19 | 1.03 | 0.65 | 4.82 |
| CubeSmart (CUBE)vs › | $9.55B | 0.13 | 0.32 | 0.30 | 0.27 |
| Agree Realty Corporation (ADC)vs › | $9.68B | 0.83 | 0.80 | 0.82 | 0.82 |
| Federal Realty Investment Trust (FRT)vs › | $10.89B | 1.02 | 1.09 | 1.17 | 1.44 |
| BXP, Inc. (BXP)vs › | $11.02B | 2.28 | 2.42 | 3.05 | 3.25 |
| CoStar Group, Inc. (CSGP)vs › | $11.30B | 2.84 | 5.90 | 9.43 | 10.20 |
| Camden Property Trust (CPT)vs › | $11.43B | 0.10 | 0.10 | 0.23 | 0.69 |
Quick Ratio
1.76
Excludes inventory
Current Ratio
0.08
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 | 1.76 |
| 2025-12-31 | 0.08 |
| 2025-09-30 | 0.14 |
| 2025-06-30 | 1.53 |
| 2025-03-31 | 1.34 |
| 2024-12-31 | 0.12 |
| 2024-09-30 | 1.84 |
| 2024-06-30 | 1.09 |
| 2024-03-31 | 3.52 |
| 2023-12-31 | 2.20 |
| 2023-09-30 | 1.48 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 0.30 |
| 2022-12-31 | 0.94 |
| 2022-09-30 | 0.77 |
| 2022-06-30 | 0.67 |
| 2022-03-31 | 2.75 |
| 2021-12-31 | 3.45 |
| 2021-09-30 | 1.42 |
| 2021-06-30 | 0.76 |
| 2021-03-31 | 0.69 |
| 2020-12-31 | 2.00 |
| 2020-09-30 | 2.86 |
| 2020-06-30 | 3.43 |
| 2020-03-31 | 2.61 |
| 2019-12-31 | 2.24 |
| 2019-09-30 | 1.48 |
| 2019-06-30 | 2.81 |
| 2019-03-31 | 1.68 |
| 2018-12-31 | 1.26 |
| 2018-09-30 | 0.96 |
| 2018-06-30 | 1.81 |
| 2018-03-31 | 0.15 |
| 2017-12-31 | 0.95 |
| 2017-09-30 | 2.65 |
| 2017-06-30 | 0.53 |
| 2017-03-31 | 0.63 |
| 2016-12-31 | 0.21 |
| 2016-09-30 | 0.24 |
| 2016-06-30 | 0.94 |
| 2016-03-31 | 0.22 |
| 2015-12-31 | 1.16 |
| 2015-09-30 | 2.87 |
| 2015-06-30 | 2.06 |
| 2015-03-31 | 2.86 |
| 2014-12-31 | 12.51 |
| 2014-09-30 | 1.05 |
| 2014-06-30 | 2.93 |
| 2014-03-31 | 0.21 |
| 2013-12-31 | 0.41 |
| 2013-09-30 | 7.92 |
| 2013-06-30 | 2.23 |
| 2013-03-31 | 2.53 |
| 2012-12-31 | 0.17 |
| 2012-09-30 | 0.86 |
| 2012-06-30 | 1.22 |
| 2012-03-31 | 2.70 |
| 2011-12-31 | 0.89 |
| 2011-09-30 | 1.64 |
| 2011-06-30 | 0.93 |
| 2011-03-31 | 15.31 |
| 2010-12-31 | 23.61 |
| 2010-09-30 | 17.45 |
| 2010-06-30 | 197.45 |
| 2010-03-31 | 222.83 |
