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 2.18 is 79% below its 5-year average of 10.35, near the low end of its 5-year range (2.18–73.08).
As of the fiscal period ended Tuesday, June 30, 2026. 89.63% below its 12-month average of 21.02.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.18
QUICK RATIO (ACID-TEST) AVG TTM
21.02
QUICK RATIO (ACID-TEST) AVG 3Y
7.74
QUICK RATIO (ACID-TEST) AVG 5Y
7.21
QUICK RATIO (ACID-TEST) AVG 10Y
7.80
QUICK RATIO (ACID-TEST) AVG 15Y
7.73
QUICK RATIO (ACID-TEST) AVG 20Y
6.83
CURRENT VS TTM AVG
-89.63%
CURRENT VS 3Y AVG
-71.82%
CURRENT VS 5Y AVG
-69.78%
CURRENT VS 10Y AVG
-72.05%
CURRENT VS 15Y AVG
-71.82%
CURRENT VS 20Y AVG
-68.08%
T. Rowe Price Group, Inc.
Market Cap
$24.43B
Quick Ratio (Acid-Test)
2.18
TTM Avg
21.02
3Y Avg
7.74
5Y Avg
7.21
Market Cap
$24.28B
Quick Ratio (Acid-Test)
N/A
TTM Avg
4.22
3Y Avg
4.60
5Y Avg
172.74
Market Cap
$23.90B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.07
3Y Avg
1.07
5Y Avg
1.13
Market Cap
$23.77B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.48
3Y Avg
3.87
5Y Avg
67.30
Market Cap
$23.58B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.43
Market Cap
$25.57B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.22
Market Cap
$26.66B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.38
3Y Avg
1.36
5Y Avg
1.37
Market Cap
$26.82B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.29
3Y Avg
0.29
5Y Avg
0.32
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| T. Rowe Price Group, Inc. (TROW) | $24.43B | 2.18 | 21.02 | 7.74 | 7.21 |
| KeyCorp (KEY)vs › | $24.53B | N/A | 0.47 | 0.40 | 0.39 |
| Principal Financial Group, Inc. (PFG)vs › | $24.28B | N/A | 4.22 | 4.60 | 172.74 |
| Brown & Brown, Inc. (BRO)vs › | $23.90B | 1.05 | 1.07 | 1.07 | 1.13 |
| Loews Corporation (L)vs › | $23.77B | N/A | 0.48 | 3.87 | 67.30 |
| SoFi Technologies, Inc. (SOFI)vs › | $23.58B | N/A | 0.21 | 0.21 | 0.43 |
| Synchrony Financial (SYF)vs › | $25.57B | N/A | 0.21 | 0.21 | 0.22 |
| W. R. Berkley Corporation (WRB)vs › | $26.66B | N/A | 1.38 | 1.36 | 1.37 |
| Regions Financial Corporation (RF)vs › | $26.82B | N/A | 0.29 | 0.29 | 0.32 |
| Cincinnati Financial Corporation (CINF)vs › | $27.14B | N/A | 1.30 | 1.28 | 1.30 |
Quick Ratio
2.18
Excludes inventory
Current Ratio
2.18
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 | 2.18 |
| 2026-03-31 | 7.43 |
| 2025-12-31 | 73.08 |
| 2025-09-30 | 11.44 |
| 2025-06-30 | 10.95 |
| 2025-03-31 | 5.87 |
| 2024-12-31 | 8.01 |
| 2024-09-30 | 10.91 |
| 2024-06-30 | 9.35 |
| 2024-03-31 | 6.07 |
| 2023-12-31 | 5.88 |
| 2023-09-30 | 7.61 |
| 2023-06-30 | 7.11 |
| 2023-03-31 | 5.54 |
| 2022-12-31 | 5.53 |
| 2022-09-30 | 7.38 |
| 2022-06-30 | 7.31 |
| 2022-03-31 | 4.62 |
| 2021-12-31 | 5.07 |
| 2021-09-30 | 11.77 |
| 2021-06-30 | 4.23 |
| 2021-03-31 | 7.25 |
| 2020-12-31 | 11.06 |
| 2020-09-30 | 11.60 |
| 2020-06-30 | 5.98 |
| 2020-03-31 | 8.36 |
| 2019-12-31 | 9.86 |
| 2019-09-30 | 11.22 |
| 2019-06-30 | 9.87 |
| 2019-03-31 | 5.55 |
| 2018-12-31 | 6.99 |
| 2018-09-30 | 8.10 |
| 2018-06-30 | 7.41 |
| 2018-03-31 | 5.67 |
| 2017-12-31 | 8.67 |
| 2017-09-30 | 11.30 |
| 2017-06-30 | 10.06 |
| 2017-03-31 | 4.61 |
| 2016-12-31 | 7.54 |
| 2016-09-30 | 7.53 |
| 2016-06-30 | 8.98 |
| 2016-03-31 | 5.15 |
| 2015-12-31 | 8.44 |
| 2015-09-30 | 8.51 |
| 2015-06-30 | 9.52 |
| 2015-03-31 | 2.76 |
| 2014-12-31 | 11.67 |
| 2014-09-30 | 11.94 |
| 2014-06-30 | 14.08 |
| 2014-03-31 | 7.38 |
| 2013-12-31 | 12.60 |
| 2013-09-30 | 7.53 |
| 2013-06-30 | 6.59 |
| 2013-03-31 | 4.49 |
| 2012-12-31 | 7.27 |
| 2012-09-30 | 4.06 |
| 2012-06-30 | 7.69 |
| 2012-03-31 | 8.22 |
| 2011-12-31 | 5.91 |
| 2011-09-30 | 3.27 |
| 2011-06-30 | 5.08 |
| 2011-03-31 | 6.06 |
| 2010-12-31 | 6.06 |
| 2010-09-30 | 3.24 |
| 2010-06-30 | 3.53 |
| 2010-03-31 | 4.54 |
| 2009-12-31 | 5.93 |
| 2009-09-30 | 2.28 |
| 2009-06-30 | 4.17 |
| 2009-03-31 | 5.05 |
| 2008-12-31 | 4.61 |
| 2008-09-30 | 3.21 |
| 2008-06-30 | 3.31 |
| 2008-03-31 | 3.43 |
| 2007-12-31 | 2.07 |
| 2007-09-30 | 5.76 |
| 2007-06-30 | 6.19 |
| 2007-03-31 | 6.57 |
| 2006-12-31 | 7.68 |
| 2006-09-30 | 5.75 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 7.08 |
| 2005-12-31 | 5.98 |
| 2005-09-30 | 5.77 |
| 2005-06-30 | 6.82 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 6.91 |
| 2004-09-30 | 5.11 |
| 2004-06-30 | 5.87 |
| 2004-03-31 | 6.08 |
| 2003-12-31 | 6.23 |
| 2003-09-30 | 16.63 |
| 2003-06-30 | 4.19 |
| 2003-03-31 | 3.79 |
| 2002-12-31 | 9.66 |
| 2002-09-30 | 2.23 |