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 0.42 is 28% below its 5-year average of 0.58, near the low end of its 5-year range (0.38–0.97).
As of the fiscal period ended Tuesday, June 30, 2026. 0.07% above its 12-month average of 0.42.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.42.
QUICK RATIO (ACID-TEST)
0.42
QUICK RATIO (ACID-TEST) AVG TTM
0.42
QUICK RATIO (ACID-TEST) AVG 3Y
0.46
QUICK RATIO (ACID-TEST) AVG 5Y
0.58
QUICK RATIO (ACID-TEST) AVG 10Y
0.56
QUICK RATIO (ACID-TEST) AVG 15Y
0.64
QUICK RATIO (ACID-TEST) AVG 20Y
0.66
CURRENT VS TTM AVG
+0.07%
CURRENT VS 3Y AVG
-8.46%
CURRENT VS 5Y AVG
-28.05%
CURRENT VS 10Y AVG
-25.46%
CURRENT VS 15Y AVG
-34.60%
CURRENT VS 20Y AVG
-37.07%
SECTOR MEDIAN · INDUSTRIALS
1.29
median of 335 covered companies
CURRENT VS SECTOR MEDIAN
-67.64%
vs the sector median at left
American Airlines Group Inc.
Market Cap
$8.49B
Quick Ratio (Acid-Test)
0.42
TTM Avg
0.42
3Y Avg
0.46
5Y Avg
0.58
Market Cap
$8.34B
Quick Ratio (Acid-Test)
1.74
TTM Avg
1.54
3Y Avg
1.33
5Y Avg
1.34
Market Cap
$8.25B
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.79
3Y Avg
1.60
5Y Avg
1.67
Market Cap
$8.24B
Quick Ratio (Acid-Test)
2.24
TTM Avg
2.61
3Y Avg
2.71
5Y Avg
2.88
Market Cap
$8.14B
Quick Ratio (Acid-Test)
0.58
TTM Avg
0.65
3Y Avg
0.65
5Y Avg
0.67
Market Cap
$7.90B
Quick Ratio (Acid-Test)
1.04
TTM Avg
0.95
3Y Avg
1.04
5Y Avg
1.14
Market Cap
$7.88B
Quick Ratio (Acid-Test)
4.99
TTM Avg
2.92
3Y Avg
2.33
5Y Avg
2.63
Market Cap
$9.21B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.47
3Y Avg
1.45
5Y Avg
1.42
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Airlines Group Inc. (AAL) | $8.49B | 0.42 | 0.42 | 0.46 | 0.58 |
| Pentair plc (PNR)vs › | $8.43B | 0.76 | 0.94 | 0.88 | 0.82 |
| The Timken Company (TKR)vs › | $8.34B | 1.74 | 1.54 | 1.33 | 1.34 |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.25B | 1.59 | 1.79 | 1.60 | 1.67 |
| Dycom Industries, Inc. (DY)vs › | $8.24B | 2.24 | 2.61 | 2.71 | 2.88 |
| AGCO Corporation (AGCO)vs › | $8.14B | 0.58 | 0.65 | 0.65 | 0.67 |
| A. O. Smith Corporation (AOS)vs › | $7.90B | 1.04 | 0.95 | 1.04 | 1.14 |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $7.88B | 4.99 | 2.92 | 2.33 | 2.63 |
| Valmont Industries, Inc. (VMI)vs › | $9.21B | 1.55 | 1.47 | 1.45 | 1.42 |
| Saia, Inc. (SAIA)vs › | $9.23B | 1.58 | 1.60 | 1.79 | 1.58 |
Quick Ratio
0.42
Excludes inventory
Current Ratio
0.53
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 | 0.42 |
| 2026-03-31 | 0.38 |
| 2025-12-31 | 0.38 |
| 2025-09-30 | 0.42 |
| 2025-06-30 | 0.48 |
| 2025-03-31 | 0.42 |
| 2024-12-31 | 0.43 |
| 2024-09-30 | 0.47 |
| 2024-06-30 | 0.50 |
| 2024-03-31 | 0.48 |
| 2023-12-31 | 0.51 |
| 2023-09-30 | 0.58 |
| 2023-06-30 | 0.66 |
| 2023-03-31 | 0.62 |
| 2022-12-31 | 0.60 |
| 2022-09-30 | 0.69 |
| 2022-06-30 | 0.71 |
| 2022-03-31 | 0.72 |
| 2021-12-31 | 0.82 |
| 2021-09-30 | 0.92 |
| 2021-06-30 | 0.97 |
| 2021-03-31 | 0.95 |
| 2020-12-31 | 0.57 |
| 2020-09-30 | 0.65 |
| 2020-06-30 | 0.67 |
| 2020-03-31 | 0.28 |
| 2019-12-31 | 0.35 |
| 2019-09-30 | 0.40 |
| 2019-06-30 | 0.40 |
| 2019-03-31 | 0.35 |
| 2018-12-31 | 0.39 |
| 2018-09-30 | 0.48 |
| 2018-06-30 | 0.46 |
| 2018-03-31 | 0.48 |
| 2017-12-31 | 0.51 |
| 2017-09-30 | 0.57 |
| 2017-06-30 | 0.61 |
| 2017-03-31 | 0.62 |
| 2016-12-31 | 0.67 |
| 2016-09-30 | 0.68 |
| 2016-06-30 | 0.68 |
| 2016-03-31 | 0.65 |
| 2015-12-31 | 0.67 |
| 2015-09-30 | 0.90 |
| 2015-06-30 | 0.87 |
| 2015-03-31 | 0.92 |
| 2014-12-31 | 0.80 |
| 2014-09-30 | 0.88 |
| 2014-06-30 | 0.92 |
| 2014-03-31 | 0.94 |
| 2013-12-31 | 0.96 |
| 2013-09-30 | 0.91 |
| 2013-06-30 | 0.82 |
| 2013-03-31 | 0.67 |
| 2012-12-31 | 0.72 |
| 2012-09-30 | 0.70 |
| 2012-06-30 | 0.73 |
| 2012-03-31 | 0.75 |
| 2011-12-31 | 0.71 |
| 2011-09-30 | 0.70 |
| 2011-06-30 | 0.75 |
| 2011-03-31 | 0.84 |
| 2010-12-31 | 0.71 |
| 2010-09-30 | 0.70 |
| 2010-06-30 | 0.72 |
| 2010-03-31 | 0.76 |
| 2009-12-31 | 0.79 |
| 2009-09-30 | 0.75 |
| 2009-06-30 | 0.56 |
| 2009-03-31 | 0.55 |
| 2008-12-31 | 0.58 |
| 2008-09-30 | 0.72 |
| 2008-06-30 | 0.79 |
| 2008-03-31 | 0.72 |
| 2007-12-31 | 0.78 |
| 2007-09-30 | 0.81 |
| 2007-06-30 | 0.86 |
| 2007-03-31 | 0.82 |
| 2006-12-31 | 0.75 |
| 2006-09-30 | 0.80 |
| 2006-06-30 | 0.79 |
| 2006-03-31 | 0.72 |
| 2005-12-31 | 0.68 |
| 2005-09-30 | 0.69 |
| 2005-06-30 | 0.66 |
| 2005-03-31 | 0.64 |
| 2004-12-31 | 0.64 |
| 2004-09-30 | 0.67 |
| 2004-06-30 | 0.69 |
| 2004-03-31 | 0.69 |
| 2003-12-31 | 0.64 |
| 2003-09-30 | 0.64 |
| 2003-06-30 | 0.52 |
| 2003-03-31 | 0.43 |
| 2002-12-31 | 0.60 |
| 2002-09-30 | 0.74 |