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 1.84 is in line with its 5-year average of 1.85, around the middle of its 5-year range (1.04–3.27).
As of the fiscal period ended Tuesday, June 30, 2026. 1.93% above its 12-month average of 1.80.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.84
QUICK RATIO (ACID-TEST) AVG TTM
1.80
QUICK RATIO (ACID-TEST) AVG 3Y
2.04
QUICK RATIO (ACID-TEST) AVG 5Y
1.85
QUICK RATIO (ACID-TEST) AVG 10Y
2.07
QUICK RATIO (ACID-TEST) AVG 15Y
1.91
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+1.93%
CURRENT VS 3Y AVG
-10.04%
CURRENT VS 5Y AVG
-0.59%
CURRENT VS 10Y AVG
-11.32%
CURRENT VS 15Y AVG
-3.85%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+51.66%
vs the sector median at left
Market Cap
$30.16B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.86
3Y Avg
0.82
5Y Avg
0.76
Market Cap
$30.13B
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.39
3Y Avg
1.50
5Y Avg
1.54
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zoetis Inc. (ZTS) | $30.86B | 1.84 | 1.80 | 2.04 | 1.85 |
| Biogen Inc. (BIIB)vs › | $31.40B | 1.26 | 1.46 | 1.69 | 1.64 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 0.72 | 0.86 | 0.82 | 0.76 |
| Waters Corporation (WAT)vs › | $30.13B | 1.29 | 1.39 | 1.50 | 1.54 |
| DexCom, Inc. (DXCM)vs › | $31.90B | 1.43 | 1.44 | 1.80 | 2.83 |
| Centene Corp. (CNC)vs › | $31.90B | 1.15 | 1.40 | 1.24 | 1.19 |
| ResMed Inc. (RMD)vs › | $32.06B | 2.42 | 2.47 | 2.11 | 1.90 |
| Medline Inc. (MDLN)vs › | $29.33B | 2.61 | 1.97 | 2.09 | 2.09 |
| Alcon Inc. (ALC)vs › | $33.71B | 1.30 | 1.55 | 1.40 | 1.42 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.80B | 2.99 | 2.71 | 2.94 | 3.33 |
Quick Ratio
1.84
Excludes inventory
Current Ratio
3.08
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 | 1.84 |
| 2026-03-31 | 1.91 |
| 2025-12-31 | 1.94 |
| 2025-09-30 | 2.28 |
| 2025-06-30 | 1.04 |
| 2025-03-31 | 1.04 |
| 2024-12-31 | 1.08 |
| 2024-09-30 | 2.27 |
| 2024-06-30 | 2.09 |
| 2024-03-31 | 1.94 |
| 2023-12-31 | 2.00 |
| 2023-09-30 | 2.16 |
| 2023-06-30 | 1.97 |
| 2023-03-31 | 1.94 |
| 2022-12-31 | 1.63 |
| 2022-09-30 | 1.48 |
| 2022-06-30 | 1.46 |
| 2022-03-31 | 1.58 |
| 2021-12-31 | 2.79 |
| 2021-09-30 | 3.27 |
| 2021-06-30 | 2.51 |
| 2021-03-31 | 2.47 |
| 2020-12-31 | 2.30 |
| 2020-09-30 | 2.14 |
| 2020-06-30 | 2.60 |
| 2020-03-31 | 1.91 |
| 2019-12-31 | 1.85 |
| 2019-09-30 | 3.02 |
| 2019-06-30 | 2.87 |
| 2019-03-31 | 2.79 |
| 2018-12-31 | 2.46 |
| 2018-09-30 | 2.63 |
| 2018-06-30 | 2.92 |
| 2018-03-31 | 2.83 |
| 2017-12-31 | 2.55 |
| 2017-10-01 | 1.95 |
| 2017-07-02 | 1.17 |
| 2017-04-02 | 1.07 |
| 2016-12-31 | 1.69 |
| 2016-10-02 | 1.73 |
| 2016-07-03 | 1.74 |
| 2016-04-03 | 1.59 |
| 2015-12-31 | 1.33 |
| 2015-09-27 | 1.23 |
| 2015-06-28 | 1.21 |
| 2015-03-29 | 1.29 |
| 2014-12-31 | 2.00 |
| 2014-09-28 | 1.97 |
| 2014-06-29 | 1.88 |
| 2014-03-30 | 1.69 |
| 2013-12-31 | 1.46 |
| 2013-09-29 | 1.37 |
| 2013-06-30 | 1.38 |
| 2013-03-31 | 1.42 |
| 2012-12-31 | 1.35 |
| 2012-09-30 | 1.74 |
| 2012-06-30 | 1.76 |
| 2012-03-31 | 1.61 |
| 2011-12-31 | 1.48 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
