Wells Fargo & Company (WFC) Quick Ratio (Acid-Test): 0.29
Is Wells Fargo & Company’s quick ratio (acid-test) high or low?
Wells Fargo & Company's quick ratio (acid-test) of 0.29 is in line with its 5-year average of 0.28, around the middle of its 5-year range (0.21–0.35).
As of Friday, June 12, 2026. 3.57% above its 12-month average of 0.28.
WFC Quick Ratio (Acid-Test) Chart
WFC Average Quick Ratio (Acid-Test) Chart
WFC Current vs Average Quick Ratio (Acid-Test) Chart
WFC Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.29
QUICK RATIO (ACID-TEST) AVG TTM
0.28
QUICK RATIO (ACID-TEST) AVG 3Y
0.27
QUICK RATIO (ACID-TEST) AVG 5Y
0.28
QUICK RATIO (ACID-TEST) AVG 10Y
0.24
QUICK RATIO (ACID-TEST) AVG 15Y
0.24
QUICK RATIO (ACID-TEST) AVG 20Y
0.24
CURRENT VS TTM AVG
+3.57%
CURRENT VS 3Y AVG
+9.43%
CURRENT VS 5Y AVG
+2.96%
CURRENT VS 10Y AVG
+20.83%
CURRENT VS 15Y AVG
+18.67%
CURRENT VS 20Y AVG
+20.12%
WFC Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wells Fargo & Company (WFC) | $252.16B | 0.29 | 0.28 | 0.27 | 0.28 |
| Citigroup Inc. (C) | $235.49B | 0.48 | 0.40 | 0.36 | 0.36 |
| American Express Company (AXP) | $217.31B | 0.28 | 0.28 | 0.30 | 0.34 |
| The Goldman Sachs Group, Inc. (GS) | $305.52B | 0.83 | 0.88 | 0.90 | 0.92 |
| Morgan Stanley (MS) | $335.43B | 1.17 | 0.92 | 0.82 | 0.81 |
| BlackRock, Inc. (BLK) | $157.81B | 15.76 | 16.08 | 15.47 | 17.37 |
| The Charles Schwab Corporation (SCHW) | $154.26B | 0.53 | 0.54 | 0.53 | 0.67 |
| Chubb Limited (CB) | $127.19B | 0.62 | 0.62 | 0.62 | 0.62 |
| S&P Global Inc. (SPGI) | $122.35B | 0.82 | 0.83 | 0.86 | 1.24 |
| The Progressive Corporation (PGR) | $118.19B | 0.59 | 0.59 | 6.29 | 8.37 |
Liquidity Comparison
Quick Ratio
0.29
Excludes inventory
Current Ratio
0.29
Includes inventory
Wells Fargo & Company Quick Ratio (Acid-Test) Formula & Definition
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
Wells Fargo & Company Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The quick ratio (acid-test) for WFC stock is 0.29.
- Is Wells Fargo & Company's quick ratio (acid-test) high or low?
- Wells Fargo & Company's quick ratio (acid-test) of 0.29 is in line with its 5-year average of 0.28, around the middle of its 5-year range (0.21–0.35).
- What is the TTM average quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The TTM average quick ratio (acid-test) for WFC stock is 0.28.
- What is the 3Y average quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The 3Y average quick ratio (acid-test) for WFC stock is 0.27.
- What is the 5Y average quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The 5Y average quick ratio (acid-test) for WFC stock is 0.28.
- What is the 10Y average quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The 10Y average quick ratio (acid-test) for WFC stock is 0.24.
- What is the 15Y average quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The 15Y average quick ratio (acid-test) for WFC stock is 0.24.
- What is the 20Y average quick ratio (acid-test) for Wells Fargo & Company (WFC)?
- The 20Y average quick ratio (acid-test) for WFC stock is 0.24.
Wells Fargo & Company Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.29 |
| 2024-12-31 | 0.27 |
| 2023-12-31 | 0.29 |
| 2022-12-31 | 0.21 |
| 2021-12-31 | 0.28 |
| 2020-12-31 | 0.35 |
| 2019-12-31 | 0.31 |
| 2018-12-31 | 0.34 |
| 2017-12-31 | 0.19 |
| 2016-12-31 | 0.06 |
| 2015-12-31 | 0.05 |
| 2014-12-31 | 0.24 |
| 2013-12-31 | 0.26 |
| 2012-12-31 | 0.26 |
| 2011-12-31 | 0.27 |
| 2010-12-31 | 0.24 |
| 2009-12-31 | 0.26 |
| 2008-12-31 | 0.23 |
| 2007-12-31 | 0.25 |
| 2006-12-31 | 0.21 |
| 2005-12-31 | 0.21 |
| 2004-12-31 | 0.05 |
| 2003-12-31 | 0.07 |
| 2002-12-31 | 0.10 |
| 2001-12-31 | 0.18 |
| 2000-12-31 | 0.20 |
| 1999-12-31 | 0.17 |
| 1998-12-31 | 0.15 |
| 1997-12-31 | 0.16 |
| 1996-12-31 | 0.20 |
Related Metrics
About Wells Fargo & Company
Wells Fargo & Company is a prominent global financial institution, offering a broad spectrum of services that encompass banking, investment management, mortgage lending, and various consumer and commercial finance solutions throughout the United States and internationally. Its operations are structured into four key divisions: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending division caters to individual customers and small enterprises, providing a range of financial offerings. These include fundamental services like checking and savings accounts, credit and debit cards, and diverse loan products for homes, vehicles, personal use, and small business expansion. The Commercial Banking segment focuses on delivering financial solutions to private, family-owned, and select publicly traded companies. This involves comprehensive banking and credit services for various industries and municipal entities, alongside secured lending, leasing options, and treasury management support. For corporate, commercial real estate, government, and institutional clients, the Corporate and Investment Banking division delivers an extensive portfolio of capital markets, banking, and financial products. Key services include corporate and investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income strategies, complemented by robust sales, trading, and research support. Finally, the Wealth and Investment Management segment specializes in offering personalized wealth management, brokerage services, financial planning, lending, private banking, and trust and fiduciary solutions. These are primarily targeted at affluent, high-net-worth, and ultra-high-net-worth individuals, often delivered through a network of financial advisors. Established in 1852, Wells Fargo & Company maintains its headquarters in San Francisco, California.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- Charles W. Scharf