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 0.95 is in line with its 5-year average of 0.97, around the middle of its 5-year range (0.63–1.46).
As of the fiscal period ended Tuesday, March 31, 2026. 19.11% below its 12-month average of 1.17.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.95
QUICK RATIO (ACID-TEST) AVG TTM
1.17
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
0.97
QUICK RATIO (ACID-TEST) AVG 15Y
1.62
QUICK RATIO (ACID-TEST) AVG 20Y
1.75
CURRENT VS TTM AVG
-19.11%
CURRENT VS 3Y AVG
+6.71%
CURRENT VS 5Y AVG
+1.09%
CURRENT VS 10Y AVG
-2.41%
CURRENT VS 15Y AVG
-41.60%
CURRENT VS 20Y AVG
-45.94%
SECTOR MEDIAN · HEALTHCARE
1.27
median of 70 covered companies
CURRENT VS SECTOR MEDIAN
-25.05%
vs the sector median at left
Zimmer Biomet Holdings, Inc.
Market Cap
$18.37B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.17
3Y Avg
0.89
5Y Avg
0.94
Market Cap
$15.90B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.83
3Y Avg
0.68
5Y Avg
0.84
Market Cap
$15.12B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.86
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$21.96B
Quick Ratio (Acid-Test)
4.50
TTM Avg
5.66
3Y Avg
6.29
5Y Avg
6.48
Market Cap
$14.40B
Quick Ratio (Acid-Test)
0.78
TTM Avg
1.13
3Y Avg
0.99
5Y Avg
0.98
Market Cap
$14.35B
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.31
3Y Avg
1.23
5Y Avg
1.40
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zimmer Biomet Holdings, Inc. (ZBH) | $18.37B | 0.95 | 1.17 | 0.89 | 0.94 |
| Hologic, Inc. (HOLX)vs › | $16.97B | 3.32 | 3.04 | 3.12 | 2.66 |
| Viatris Inc. (VTRS)vs › | $20.33B | 1.03 | 0.86 | 1.00 | 0.90 |
| Medpace Holdings, Inc. (MEDP)vs › | $15.90B | N/A | 0.83 | 0.68 | 0.84 |
| Solventum Corporation (SOLV)vs › | $15.12B | 0.75 | 0.86 | 0.93 | 0.94 |
| United Therapeutics Corporation (UTHR)vs › | $21.96B | 4.50 | 5.66 | 6.29 | 6.48 |
| DaVita Inc. (DVA)vs › | $14.78B | 1.37 | 1.23 | 1.19 | 1.21 |
| The Cooper Companies, Inc. (COO)vs › | $14.40B | 0.78 | 1.13 | 0.99 | 0.98 |
| Baxter International Inc. (BAX)vs › | $14.35B | 1.32 | 1.31 | 1.23 | 1.40 |
| Moderna, Inc. (MRNA)vs › | $22.44B | 2.18 | 3.42 | 3.19 | 2.63 |
Quick Ratio
0.95
Excludes inventory
Current Ratio
1.73
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 | 0.95 |
| 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 |
| 2002-06-30 | 0.92 |
