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 1.69 is 80% above its 5-year average of 0.94, near the high end of its 5-year range (0.63–1.69).
As of the fiscal period ended Tuesday, June 30, 2026. 38.77% above its 12-month average of 1.22.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.69.
QUICK RATIO (ACID-TEST)
1.69
QUICK RATIO (ACID-TEST) AVG TTM
1.22
QUICK RATIO (ACID-TEST) AVG 3Y
0.97
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
0.97
QUICK RATIO (ACID-TEST) AVG 15Y
1.60
QUICK RATIO (ACID-TEST) AVG 20Y
1.75
CURRENT VS TTM AVG
+38.77%
CURRENT VS 3Y AVG
+73.51%
CURRENT VS 5Y AVG
+80.32%
CURRENT VS 10Y AVG
+74.08%
CURRENT VS 15Y AVG
+5.49%
CURRENT VS 20Y AVG
-3.26%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+39.78%
vs the sector median at left
Zimmer Biomet Holdings, Inc.
Market Cap
$18.45B
Quick Ratio (Acid-Test)
1.69
TTM Avg
1.22
3Y Avg
0.97
5Y Avg
0.94
Market Cap
$17.09B
Quick Ratio (Acid-Test)
0.73
TTM Avg
0.83
3Y Avg
0.68
5Y Avg
0.84
Market Cap
$21.00B
Quick Ratio (Acid-Test)
5.41
TTM Avg
5.66
3Y Avg
6.29
5Y Avg
6.48
Market Cap
$15.38B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.86
3Y Avg
0.93
5Y Avg
0.94
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zimmer Biomet Holdings, Inc. (ZBH) | $18.45B | 1.69 | 1.22 | 0.97 | 0.94 |
| Viatris Inc. (VTRS)vs › | $19.74B | 0.96 | 0.86 | 1.00 | 0.90 |
| Medpace Holdings, Inc. (MEDP)vs › | $17.09B | 0.73 | 0.83 | 0.68 | 0.84 |
| STERIS plc (STE)vs › | $19.98B | 1.35 | 1.46 | 1.73 | 1.65 |
| Revvity, Inc. (RVTY)vs › | $16.00B | 1.50 | 2.21 | 2.02 | 1.79 |
| United Therapeutics Corporation (UTHR)vs › | $21.00B | 5.41 | 5.66 | 6.29 | 6.48 |
| Solventum Corporation (SOLV)vs › | $15.38B | 0.74 | 0.86 | 0.93 | 0.94 |
| Exelixis, Inc. (EXEL)vs › | $14.67B | 3.38 | 3.54 | 3.46 | 4.12 |
| Tempus AI, Inc. (TEM)vs › | $13.64B | 3.16 | 2.58 | 2.23 | 3.05 |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.39B | 1.04 | 1.07 | 1.10 | 1.11 |
Quick Ratio
1.69
Excludes inventory
Current Ratio
1.69
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 | 1.69 |
| 2026-03-31 | 0.95 |
| 2025-12-31 | 1.10 |
| 2025-09-30 | 1.39 |
| 2025-06-30 | 0.96 |
| 2025-03-31 | 1.46 |
| 2024-12-31 | 0.99 |
| 2024-09-30 | 0.70 |
| 2024-06-30 | 0.63 |
| 2024-03-31 | 0.80 |
| 2023-12-31 | 0.78 |
| 2023-09-30 | 0.99 |
| 2023-06-30 | 0.95 |
| 2023-03-31 | 0.93 |
| 2022-12-31 | 0.97 |
| 2022-09-30 | 1.05 |
| 2022-06-30 | 0.95 |
| 2022-03-31 | 0.89 |
| 2021-12-31 | 0.79 |
| 2021-09-30 | 0.95 |
| 2021-06-30 | 0.96 |
| 2021-03-31 | 1.19 |
| 2020-12-31 | 1.03 |
| 2020-09-30 | 1.17 |
| 2020-06-30 | 1.02 |
| 2020-03-31 | 1.03 |
| 2019-12-31 | 0.68 |
| 2019-09-30 | 0.54 |
| 2019-06-30 | 0.56 |
| 2019-03-31 | 0.97 |
| 2018-12-31 | 0.90 |
| 2018-09-30 | 0.96 |
| 2018-06-30 | 1.25 |
| 2018-03-31 | 1.07 |
| 2017-12-31 | 0.81 |
| 2017-09-30 | 0.78 |
| 2017-06-30 | 0.80 |
| 2017-03-31 | 1.17 |
| 2016-12-31 | 1.14 |
| 2016-09-30 | 1.14 |
| 2016-06-30 | 1.47 |
| 2016-03-31 | 1.98 |
| 2015-12-31 | 2.22 |
| 2015-09-30 | 2.26 |
| 2015-06-30 | 1.99 |
| 2015-03-31 | 11.78 |
| 2014-12-31 | 3.05 |
| 2014-09-30 | 2.89 |
| 2014-06-30 | 3.23 |
| 2014-03-31 | 3.18 |
| 2013-12-31 | 3.03 |
| 2013-09-30 | 3.43 |
| 2013-06-30 | 3.16 |
| 2013-03-31 | 3.18 |
| 2012-12-31 | 3.13 |
| 2012-09-30 | 3.49 |
| 2012-06-30 | 3.69 |
| 2012-03-31 | 2.77 |
| 2011-12-31 | 2.71 |
| 2011-09-30 | 3.12 |
| 2011-06-30 | 3.14 |
| 2011-03-31 | 2.90 |
| 2010-12-31 | 2.95 |
| 2010-09-30 | 2.98 |
| 2010-06-30 | 3.48 |
| 2010-03-31 | 3.02 |
| 2009-12-31 | 2.64 |
| 2009-09-30 | 2.18 |
| 2009-06-30 | 2.01 |
| 2009-03-31 | 1.77 |
| 2008-12-31 | 1.62 |
| 2008-09-30 | 1.78 |
| 2008-06-30 | 1.74 |
| 2008-03-31 | 1.86 |
| 2007-12-31 | 1.81 |
| 2007-09-30 | 1.65 |
| 2007-06-30 | 1.97 |
| 2007-03-31 | 2.05 |
| 2006-12-31 | 1.76 |
| 2006-09-30 | 1.58 |
| 2006-06-30 | 1.88 |
| 2006-03-31 | 2.15 |
| 2005-12-31 | 1.63 |
| 2005-09-30 | 1.39 |
| 2005-06-30 | 1.51 |
| 2005-03-31 | 1.52 |
| 2004-12-31 | 1.46 |
| 2004-09-30 | 1.35 |
| 2004-06-30 | 1.52 |
| 2004-03-31 | 1.52 |
| 2003-12-31 | 1.26 |
| 2003-09-30 | 1.30 |
| 2003-06-30 | 1.19 |
| 2003-03-31 | 0.90 |
| 2002-12-31 | 0.89 |
| 2002-09-30 | 0.91 |
