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 0.68 is in line with its 5-year average of 0.72, around the middle of its 5-year range (0.57–0.86).
As of the fiscal period ended Tuesday, March 31, 2026. 3.88% below its 12-month average of 0.70.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.68
QUICK RATIO (ACID-TEST) AVG TTM
0.70
QUICK RATIO (ACID-TEST) AVG 3Y
0.71
QUICK RATIO (ACID-TEST) AVG 5Y
0.72
QUICK RATIO (ACID-TEST) AVG 10Y
0.68
QUICK RATIO (ACID-TEST) AVG 15Y
0.70
QUICK RATIO (ACID-TEST) AVG 20Y
0.72
CURRENT VS TTM AVG
-3.88%
CURRENT VS 3Y AVG
-4.03%
CURRENT VS 5Y AVG
-6.33%
CURRENT VS 10Y AVG
+0.19%
CURRENT VS 15Y AVG
-2.81%
CURRENT VS 20Y AVG
-5.39%
SECTOR MEDIAN · UTILITIES
0.60
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+12.91%
vs the sector median at left
Xcel Energy Inc.
Market Cap
$50.98B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.70
3Y Avg
0.71
5Y Avg
0.72
Market Cap
$53.09B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.45
3Y Avg
0.37
5Y Avg
0.38
Market Cap
$48.63B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.81
3Y Avg
0.74
5Y Avg
0.78
Market Cap
$47.84B
Quick Ratio (Acid-Test)
0.92
TTM Avg
0.96
3Y Avg
0.86
5Y Avg
0.79
Market Cap
$41.63B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.95
3Y Avg
0.98
5Y Avg
0.92
Market Cap
$39.77B
Quick Ratio (Acid-Test)
0.60
TTM Avg
0.54
3Y Avg
0.51
5Y Avg
0.55
Market Cap
$62.52B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.55
3Y Avg
0.67
5Y Avg
0.64
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xcel Energy Inc. (XEL) | $50.98B | 0.68 | 0.70 | 0.71 | 0.72 |
| Entergy Corporation (ETR)vs › | $53.09B | 0.50 | 0.45 | 0.37 | 0.38 |
| Exelon Corporation (EXC)vs › | $48.63B | 0.84 | 0.81 | 0.74 | 0.78 |
| PG&E Corporation (PCG)vs › | $47.84B | 0.92 | 0.96 | 0.86 | 0.79 |
| Vistra Corp. (VST)vs › | $55.09B | 0.69 | 0.77 | 0.92 | 0.98 |
| Consolidated Edison, Inc. (ED)vs › | $41.63B | 0.94 | 0.95 | 0.98 | 0.92 |
| Sempra (SRE)vs › | $60.79B | 1.57 | 1.03 | 0.78 | 0.69 |
| Public Service Enterprise Group Incorporated (PEG)vs › | $39.77B | 0.60 | 0.54 | 0.51 | 0.55 |
| Dominion Energy, Inc. (D)vs › | $62.52B | 0.59 | 0.55 | 0.67 | 0.64 |
| WEC Energy Group, Inc. (WEC)vs › | $37.71B | 0.34 | 0.39 | 0.42 | 0.43 |
Quick Ratio
0.68
Excludes inventory
Current Ratio
0.71
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 | 0.68 |
| 2025-12-31 | 0.60 |
| 2025-09-30 | 0.69 |
| 2025-06-30 | 0.85 |
| 2025-03-31 | 0.70 |
| 2024-12-31 | 0.57 |
| 2024-09-30 | 0.82 |
| 2024-06-30 | 0.86 |
| 2024-03-31 | 0.74 |
| 2023-12-31 | 0.59 |
| 2023-09-30 | 0.73 |
| 2023-06-30 | 0.68 |
| 2023-03-31 | 0.65 |
| 2022-12-31 | 0.71 |
| 2022-09-30 | 0.86 |
| 2022-06-30 | 0.86 |
| 2022-03-31 | 0.66 |
| 2021-12-31 | 0.72 |
| 2021-09-30 | 0.68 |
| 2021-06-30 | 0.74 |
| 2021-03-31 | 0.79 |
| 2020-12-31 | 0.65 |
| 2020-09-30 | 0.76 |
| 2020-06-30 | 0.71 |
| 2020-03-31 | 0.43 |
| 2019-12-31 | 0.56 |
| 2019-09-30 | 0.61 |
| 2019-06-30 | 0.49 |
| 2019-03-31 | 0.56 |
| 2018-12-31 | 0.57 |
| 2018-09-30 | 0.64 |
| 2018-06-30 | 0.61 |
| 2018-03-31 | 0.56 |
| 2017-12-31 | 0.58 |
| 2017-09-30 | 0.68 |
| 2017-06-30 | 0.60 |
| 2017-03-31 | 0.57 |
| 2016-12-31 | 0.69 |
| 2016-09-30 | 0.71 |
| 2016-06-30 | 0.62 |
| 2016-03-31 | 0.69 |
| 2015-12-31 | 0.57 |
| 2015-09-30 | 0.88 |
| 2015-06-30 | 0.71 |
| 2015-03-31 | 0.68 |
| 2014-12-31 | 0.68 |
| 2014-09-30 | 0.74 |
| 2014-06-30 | 0.86 |
| 2014-03-31 | 0.78 |
| 2013-12-31 | 0.72 |
| 2013-09-30 | 0.89 |
| 2013-06-30 | 0.86 |
| 2013-03-31 | 0.89 |
| 2012-12-31 | 0.71 |
| 2012-09-30 | 0.89 |
| 2012-06-30 | 0.54 |
| 2012-03-31 | 0.56 |
| 2011-12-31 | 0.66 |
| 2011-09-30 | 0.85 |
| 2011-06-30 | 0.76 |
| 2011-03-31 | 0.83 |
| 2010-12-31 | 0.86 |
| 2010-09-30 | 0.88 |
| 2010-06-30 | 0.77 |
| 2010-03-31 | 0.69 |
| 2009-12-31 | 0.71 |
| 2009-09-30 | 0.77 |
| 2009-06-30 | 0.83 |
| 2009-03-31 | 0.75 |
| 2008-12-31 | 0.77 |
| 2008-09-30 | 0.76 |
| 2008-06-30 | 0.62 |
| 2008-03-31 | 0.77 |
| 2007-12-31 | 0.62 |
| 2007-09-30 | 0.86 |
| 2007-06-30 | 0.72 |
| 2007-03-31 | 0.72 |
| 2006-12-31 | 0.74 |
| 2006-09-30 | 0.88 |
| 2006-06-30 | 0.81 |
| 2006-03-31 | 0.66 |
| 2005-12-31 | 0.71 |
| 2005-09-30 | 1.06 |
| 2005-06-30 | 1.03 |
| 2005-03-31 | 1.10 |
| 2004-12-31 | 1.00 |
| 2004-09-30 | 0.96 |
| 2004-06-30 | 0.99 |
| 2004-03-31 | 1.06 |
| 2003-12-31 | 1.03 |
| 2003-09-30 | 0.98 |
| 2003-06-30 | 0.54 |
| 2003-03-31 | 0.30 |
| 2002-12-31 | 0.25 |
| 2002-09-30 | 0.28 |
| 2002-06-30 | 0.28 |