Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
American WellAMWL +0.17%50 Quick Ratio is 2.89 as of Jun. 2026, which is 39% below its 10-year median of 4.72. GuruFocus rates AMWL with a GF Score™ of 50/100 and a GF Value™ of $6.41 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 684 Healthcare Providers & Services companies, American Well ranks better than 79.09% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. American Well's quick ratio for the quarter that ended in Jun. 2026 was 2.89.
American Well has a quick ratio of 2.89. It generally indicates good short-term financial strength.
The historical rank and industry rank for American Well's Quick Ratio or its related term are showing as below:
AMWL'
s Quick Ratio Range Over the Past 10 Years
Min: 2.07 Med: 4.72 Max: 11.25
Current: 2.89
During the past 8 years, American Well's highest Quick Ratio was 11.25. The lowest was 2.07. And the median was 4.72.
AMWL's Quick Ratio is ranked better than 79.09% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 1.28
vs AMWL: 2.89
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
American Well Quick Ratio Related Terms
American Well Quick Ratio Historical Data
* Premium members only.
The historical data trend for American Well's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Health Information Services subindustry, American Well's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Well Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, American Well's Quick Ratio distribution charts can be found below:
* The bar in red indicates where American Well's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
American Well's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American Well (AMWL) has a Quick Ratio of 2.89 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on American Well and its competitors. This is 39% below median its historical median of 4.72. Over the past decade, American Well's Quick Ratio has ranged from 2.07 to 11.25. According to the industry distribution chart, American Well ranks #143 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 20.9%.
Is American Well's Quick Ratio too high?
American Well's current Quick Ratio of 2.89 is 39% below median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 11.25. The Healthcare Providers & Services industry median Quick Ratio is 1.28. American Well's value of 2.89 is 125.8% above this industry median. Based on the distribution chart, American Well ranks #143 out of 684 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, American Well has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Well's Quick Ratio compare to LFMD and SY?
According to the Healthcare Providers & Services industry distribution chart, American Well ranks #143 out of 684 companies for Quick Ratio. This places American Well in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.28. American Well's value of 2.89 is 125.8% above this benchmark. Historically, American Well's own Quick Ratio has ranged from 2.07 to 11.25 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 1.28, American Well has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.28, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Well's current Quick Ratio of 2.89 is 125.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on American Well and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Well's current Quick Ratio is 2.89, which is 39% below median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Well stock overvalued right now?
Based on GuruFocus' analysis, American Well (AMWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.41, compared to a current price of $11.92 — trading 86% above its estimated fair value. The current Quick Ratio is 2.89, which is 39% below median its 10-year median of 4.72 and 125.8% above the Healthcare Providers & Services industry median of 1.28. American Well's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For American Well (AMWL), the current Quick Ratio is 2.89 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American Well (AMWL) Overvalued in 2026?
Based on GuruFocus' analysis, American Well stock appears to be overvalued.
The current stock price of $11.92 is trading 86% above its estimated GF Value™ of $6.41.
GuruFocus considers American Well to be Significantly Overvalued.
Key valuation signals for AMWL:
Quick Ratio: 2.89 (39% below median its 10-year median of 4.72)
GF Value™: $6.41 vs. price of $11.92 (86% above fair value)
Industry Position: 125.8% above the Healthcare Providers & Services median (#143 of 684)
No single metric tells the full story. See the AMWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Well Corp is an enterprise platform and software company digitally enabling hybrid care by offering payers and health systems a technology-enabled care platform. The Amwell Platform, its cloud-based enablement platform, digitally enables a scalable healthcare experience across all care settings by enabling critical services like virtual primary care, urgent care, clinical partner programs, scheduling visits, etc. Additionally, the healthcare providers can use the platform to access familiar workflows for taking notes, prescribing, referencing clinical treatment guidelines, and other related activities. The firm also offers various paid services, including licensed clinical staffing, implementation support, workflow design, etc, to help clients execute their hybrid care strategies.
50GF Score
Get the complete analysis for AMWL
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AMWL has been successfully added to your 
