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 2.74 is 19% below its 5-year average of 3.40, near the low end of its 5-year range (2.00–4.66).
As of the fiscal period ended Tuesday, June 30, 2026. 14.77% above its 12-month average of 2.38.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.74
QUICK RATIO (ACID-TEST) AVG TTM
2.38
QUICK RATIO (ACID-TEST) AVG 3Y
2.76
QUICK RATIO (ACID-TEST) AVG 5Y
3.40
QUICK RATIO (ACID-TEST) AVG 10Y
3.37
QUICK RATIO (ACID-TEST) AVG 15Y
3.42
QUICK RATIO (ACID-TEST) AVG 20Y
3.53
CURRENT VS TTM AVG
+14.77%
CURRENT VS 3Y AVG
-0.99%
CURRENT VS 5Y AVG
-19.49%
CURRENT VS 10Y AVG
-18.80%
CURRENT VS 15Y AVG
-19.96%
CURRENT VS 20Y AVG
-22.46%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+126.21%
vs the sector median at left
Vertex Pharmaceuticals Incorporated
Market Cap
$132.44B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.38
3Y Avg
2.76
5Y Avg
3.40
Market Cap
$131.94B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.15
3Y Avg
1.19
5Y Avg
1.27
Market Cap
$124.38B
Quick Ratio (Acid-Test)
3.91
TTM Avg
3.59
3Y Avg
3.74
5Y Avg
4.30
Market Cap
$143.23B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.28
3Y Avg
1.37
5Y Avg
1.36
Market Cap
$120.58B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.61
3Y Avg
0.63
5Y Avg
0.63
Market Cap
$104.70B
Quick Ratio (Acid-Test)
0.52
TTM Avg
0.51
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$104.57B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.27
3Y Avg
1.13
5Y Avg
1.20
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertex Pharmaceuticals Incorporated (VRTX) | $132.44B | 2.74 | 2.38 | 2.76 | 3.40 |
| Bristol-Myers Squibb Company (BMY)vs › | $131.94B | 1.38 | 1.15 | 1.19 | 1.27 |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.38B | 3.91 | 3.59 | 3.74 | 4.30 |
| Danaher Corporation (DHR)vs › | $143.23B | 1.25 | 1.28 | 1.37 | 1.36 |
| CVS Health Corp. (CVS)vs › | $120.58B | 0.66 | 0.61 | 0.63 | 0.63 |
| Medtronic plc (MDT)vs › | $118.82B | N/A | 1.52 | 1.60 | 1.67 |
| Pfizer Inc. (PFE)vs › | $158.76B | 0.96 | 0.90 | 0.87 | 0.95 |
| McKesson Corporation (MCK)vs › | $104.70B | 0.52 | 0.51 | 0.51 | 0.53 |
| Stryker Corporation (SYK)vs › | $104.57B | 1.33 | 1.27 | 1.13 | 1.20 |
| Sanofi (SNY)vs › | $103.58B | 0.23 | 0.93 | 0.95 | 1.02 |
Quick Ratio
2.74
Excludes inventory
Current Ratio
3.19
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 | 2.74 |
| 2026-03-31 | 2.57 |
| 2025-12-31 | 2.46 |
| 2025-09-30 | 2.00 |
| 2025-06-30 | 2.16 |
| 2025-03-31 | 2.29 |
| 2024-12-31 | 2.35 |
| 2024-09-30 | 2.20 |
| 2024-06-30 | 2.26 |
| 2024-03-31 | 3.29 |
| 2023-12-31 | 3.78 |
| 2023-09-30 | 3.89 |
| 2023-06-30 | 3.96 |
| 2023-03-31 | 4.11 |
| 2022-12-31 | 4.66 |
| 2022-09-30 | 4.55 |
| 2022-06-30 | 4.36 |
| 2022-03-31 | 4.60 |
| 2021-12-31 | 4.30 |
| 2021-09-30 | 4.45 |
| 2021-06-30 | 4.43 |
| 2021-03-31 | 4.24 |
| 2020-12-31 | 4.18 |
| 2020-09-30 | 3.60 |
| 2020-06-30 | 3.60 |
| 2020-03-31 | 3.42 |
| 2019-12-31 | 3.49 |
| 2019-09-30 | 3.32 |
| 2019-06-30 | 3.63 |
| 2019-03-31 | 3.66 |
| 2018-12-31 | 3.32 |
| 2018-09-30 | 3.59 |
| 2018-06-30 | 3.55 |
| 2018-03-31 | 3.53 |
| 2017-12-31 | 3.14 |
| 2017-09-30 | 3.14 |
| 2017-06-30 | 3.34 |
| 2017-03-31 | 3.65 |
| 2016-12-31 | 2.21 |
| 2016-09-30 | 1.98 |
| 2016-06-30 | 2.23 |
| 2016-03-31 | 2.43 |
| 2015-12-31 | 2.67 |
| 2015-09-30 | 3.49 |
| 2015-06-30 | 3.35 |
| 2015-03-31 | 4.38 |
| 2014-12-31 | 4.12 |
| 2014-09-30 | 4.39 |
| 2014-06-30 | 3.68 |
| 2014-03-31 | 3.80 |
| 2013-12-31 | 3.96 |
| 2013-09-30 | 3.99 |
| 2013-06-30 | 4.45 |
| 2013-03-31 | 3.79 |
| 2012-12-31 | 3.60 |
| 2012-09-30 | 3.81 |
| 2012-06-30 | 3.96 |
| 2012-03-31 | 3.66 |
| 2011-12-31 | 3.11 |
| 2011-09-30 | 2.15 |
| 2011-06-30 | 1.62 |
| 2011-03-31 | 2.05 |
| 2010-12-31 | 2.23 |
| 2010-09-30 | 3.94 |
| 2010-06-30 | 3.44 |
| 2010-03-31 | 5.33 |
| 2009-12-31 | 4.59 |
| 2009-09-30 | 7.65 |
| 2009-06-30 | 4.26 |
| 2009-03-31 | 5.03 |
| 2008-12-31 | 4.01 |
| 2008-09-30 | 5.28 |
| 2008-06-30 | 4.69 |
| 2008-03-31 | 4.52 |
| 2007-12-31 | 2.49 |
| 2007-09-30 | 2.93 |
| 2007-06-30 | 3.14 |
| 2007-03-31 | 4.05 |
| 2006-12-31 | 3.07 |
| 2006-09-30 | 4.60 |
| 2006-06-30 | 4.16 |
| 2006-03-31 | 4.50 |
| 2005-12-31 | 3.84 |
| 2005-09-30 | 3.48 |
| 2005-06-30 | 3.37 |
| 2005-03-31 | 2.36 |
| 2004-12-31 | 2.61 |
| 2004-09-30 | 3.22 |
| 2004-06-30 | 3.45 |
| 2004-03-31 | 4.41 |
| 2003-12-31 | 4.27 |
| 2003-09-30 | 5.06 |
| 2003-06-30 | 7.45 |
| 2003-03-31 | 12.32 |
| 2002-12-31 | 10.10 |
| 2002-09-30 | 11.39 |