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 1.04 is in line with its 5-year average of 1.14, near the low end of its 5-year range (0.96–1.29).
As of the fiscal period ended Tuesday, June 30, 2026. 0.71% above its 12-month average of 1.04.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.04
QUICK RATIO (ACID-TEST) AVG TTM
1.04
QUICK RATIO (ACID-TEST) AVG 3Y
1.16
QUICK RATIO (ACID-TEST) AVG 5Y
1.14
QUICK RATIO (ACID-TEST) AVG 10Y
1.13
QUICK RATIO (ACID-TEST) AVG 15Y
1.20
QUICK RATIO (ACID-TEST) AVG 20Y
1.23
CURRENT VS TTM AVG
+0.71%
CURRENT VS 3Y AVG
-9.88%
CURRENT VS 5Y AVG
-8.64%
CURRENT VS 10Y AVG
-7.47%
CURRENT VS 15Y AVG
-12.85%
CURRENT VS 20Y AVG
-15.00%
SECTOR MEDIAN · HEALTHCARE
1.28
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
-18.38%
vs the sector median at left
Universal Health Services, Inc.
Market Cap
$10.21B
Quick Ratio (Acid-Test)
1.04
TTM Avg
1.04
3Y Avg
1.16
5Y Avg
1.14
Market Cap
$10.16B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.77
3Y Avg
0.86
5Y Avg
0.88
Market Cap
$10.15B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.66
3Y Avg
1.58
5Y Avg
1.56
Market Cap
$9.59B
Quick Ratio (Acid-Test)
2.31
TTM Avg
4.52
3Y Avg
4.42
5Y Avg
3.69
Market Cap
$11.30B
Quick Ratio (Acid-Test)
3.18
TTM Avg
2.56
3Y Avg
2.82
5Y Avg
2.96
Market Cap
$12.39B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.17
3Y Avg
1.11
5Y Avg
1.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Universal Health Services, Inc. (UHS) | $10.21B | 1.04 | 1.04 | 1.16 | 1.14 |
| Henry Schein, Inc. (HSIC)vs › | $10.16B | 0.75 | 0.77 | 0.86 | 0.88 |
| Molina Healthcare, Inc. (MOH)vs › | $10.15B | N/A | 1.66 | 1.58 | 1.56 |
| Insulet Corp. (PODD)vs › | $10.02B | 1.83 | 2.42 | 2.51 | 3.28 |
| Tempus AI, Inc. (TEM)vs › | $9.76B | 3.16 | 2.58 | 2.23 | 3.05 |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $9.59B | 2.31 | 4.52 | 4.42 | 3.69 |
| Bio-Techne Corporation (TECH)vs › | $11.30B | 3.18 | 2.56 | 2.82 | 2.96 |
| DaVita Inc. (DVA)vs › | $11.45B | 1.41 | 1.23 | 1.19 | 1.21 |
| Align Technology, Inc. (ALGN)vs › | $12.39B | 1.28 | 1.17 | 1.11 | 1.16 |
| Revvity, Inc. (RVTY)vs › | $12.91B | 1.50 | 2.21 | 2.02 | 1.79 |
Quick Ratio
1.04
Excludes inventory
Current Ratio
1.12
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 | 1.04 |
| 2026-03-31 | 1.01 |
| 2025-12-31 | 0.98 |
| 2025-09-30 | 0.96 |
| 2025-06-30 | 1.19 |
| 2025-03-31 | 1.23 |
| 2024-12-31 | 1.17 |
| 2024-09-30 | 1.28 |
| 2024-06-30 | 1.17 |
| 2024-03-31 | 1.28 |
| 2023-12-31 | 1.29 |
| 2023-09-30 | 1.28 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 1.26 |
| 2022-12-31 | 1.21 |
| 2022-09-30 | 1.15 |
| 2022-06-30 | 1.12 |
| 2022-03-31 | 0.98 |
| 2021-12-31 | 1.04 |
| 2021-09-30 | 1.09 |
| 2021-06-30 | 1.10 |
| 2021-03-31 | 1.16 |
| 2020-12-31 | 1.25 |
| 2020-09-30 | 1.06 |
| 2020-06-30 | 0.94 |
| 2020-03-31 | 0.99 |
| 2019-12-31 | 1.12 |
| 2019-09-30 | 1.09 |
| 2019-06-30 | 1.17 |
| 2019-03-31 | 1.09 |
| 2018-12-31 | 1.24 |
| 2018-09-30 | 1.01 |
| 2018-06-30 | 1.20 |
| 2018-03-31 | 1.11 |
| 2017-12-31 | 0.90 |
| 2017-09-30 | 1.16 |
| 2017-06-30 | 1.23 |
| 2017-03-31 | 1.06 |
| 2016-12-31 | 1.18 |
| 2016-09-30 | 1.15 |
| 2016-06-30 | 1.17 |
| 2016-03-31 | 0.90 |
| 2015-12-31 | 1.46 |
| 2015-09-30 | 1.32 |
| 2015-06-30 | 1.34 |
| 2015-03-31 | 1.28 |
| 2014-12-31 | 1.27 |
| 2014-09-30 | 1.30 |
| 2014-06-30 | 1.28 |
| 2014-03-31 | 1.30 |
| 2013-12-31 | 1.26 |
| 2013-09-30 | 1.37 |
| 2013-06-30 | 1.32 |
| 2013-03-31 | 1.45 |
| 2012-12-31 | 1.46 |
| 2012-09-30 | 1.66 |
| 2012-06-30 | 1.54 |
| 2012-03-31 | 1.53 |
| 2011-12-31 | 1.52 |
| 2011-09-30 | 1.53 |
| 2011-06-30 | 1.62 |
| 2011-03-31 | 1.56 |
| 2010-12-31 | 1.50 |
| 2010-09-30 | 0.98 |
| 2010-06-30 | 1.32 |
| 2010-03-31 | 1.24 |
| 2009-12-31 | 1.22 |
| 2009-09-30 | 1.13 |
| 2009-06-30 | 1.21 |
| 2009-03-31 | 1.17 |
| 2008-12-31 | 1.27 |
| 2008-09-30 | 1.25 |
| 2008-06-30 | 1.52 |
| 2008-03-31 | 1.39 |
| 2007-12-31 | 1.44 |
| 2007-09-30 | 1.32 |
| 2007-06-30 | 1.48 |
| 2007-03-31 | 1.42 |
| 2006-12-31 | 1.32 |
| 2006-09-30 | 1.03 |
| 2006-06-30 | 1.21 |
| 2006-03-31 | 0.98 |
| 2005-12-31 | 1.06 |
| 2005-09-30 | 1.38 |
| 2005-06-30 | 1.46 |
| 2005-03-31 | 1.35 |
| 2004-12-31 | 1.59 |
| 2004-09-30 | 1.43 |
| 2004-06-30 | 1.37 |
| 2004-03-31 | 1.45 |
| 2003-12-31 | 1.48 |
| 2003-09-30 | 1.39 |
| 2003-06-30 | 1.48 |
| 2003-03-31 | 1.53 |
| 2002-12-31 | 1.45 |
| 2002-09-30 | 1.67 |
