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 1.04 is in line with its 5-year average of 1.12, near the low end of its 5-year range (0.94–1.40).
As of the fiscal period ended Tuesday, June 30, 2026. 4.77% above its 12-month average of 0.99.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.04
QUICK RATIO (ACID-TEST) AVG TTM
0.99
QUICK RATIO (ACID-TEST) AVG 3Y
1.02
QUICK RATIO (ACID-TEST) AVG 5Y
1.12
QUICK RATIO (ACID-TEST) AVG 10Y
1.41
QUICK RATIO (ACID-TEST) AVG 15Y
1.56
QUICK RATIO (ACID-TEST) AVG 20Y
1.45
CURRENT VS TTM AVG
+4.77%
CURRENT VS 3Y AVG
+1.92%
CURRENT VS 5Y AVG
-7.09%
CURRENT VS 10Y AVG
-26.38%
CURRENT VS 15Y AVG
-33.43%
CURRENT VS 20Y AVG
-28.45%
SECTOR MEDIAN · INDUSTRIALS
1.07
median of 104 covered companies
CURRENT VS SECTOR MEDIAN
-2.80%
vs the sector median at left
A. O. Smith Corporation
Market Cap
$8.87B
Quick Ratio (Acid-Test)
1.04
TTM Avg
0.99
3Y Avg
1.02
5Y Avg
1.12
Market Cap
$9.15B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.79
3Y Avg
1.60
5Y Avg
1.67
Market Cap
$9.45B
Quick Ratio (Acid-Test)
3.59
TTM Avg
3.14
3Y Avg
2.90
5Y Avg
2.96
Market Cap
$9.53B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.47
3Y Avg
1.45
5Y Avg
1.42
Market Cap
$7.71B
Quick Ratio (Acid-Test)
2.06
TTM Avg
1.75
3Y Avg
1.66
5Y Avg
1.82
Market Cap
$7.52B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.55
3Y Avg
0.58
5Y Avg
0.60
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| A. O. Smith Corporation (AOS) | $8.87B | 1.04 | 0.99 | 1.02 | 1.12 |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $9.15B | N/A | 1.79 | 1.60 | 1.67 |
| AeroVironment, Inc. (AVAV)vs › | $9.45B | 3.59 | 3.14 | 2.90 | 2.96 |
| Valmont Industries, Inc. (VMI)vs › | $9.53B | 1.55 | 1.47 | 1.45 | 1.42 |
| Aecom (ACM)vs › | $9.75B | N/A | 1.13 | 1.10 | 1.13 |
| Planet Labs PBC (PL)vs › | $7.97B | 2.78 | 1.88 | 2.59 | 2.62 |
| Fluor Corporation (FLR)vs › | $7.96B | N/A | 1.80 | 1.69 | 1.60 |
| Powell Industries, Inc. (POWL)vs › | $7.71B | 2.06 | 1.75 | 1.66 | 1.82 |
| Pool Corporation (POOL)vs › | $7.52B | 0.91 | 0.55 | 0.58 | 0.60 |
| AGCO Corporation (AGCO)vs › | $7.20B | 0.58 | 0.65 | 0.65 | 0.67 |
Quick Ratio
1.04
Excludes inventory
Current Ratio
1.59
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 | 1.04 |
| 2026-03-31 | 1.00 |
| 2025-12-31 | 0.94 |
| 2025-09-30 | 0.95 |
| 2025-06-30 | 1.03 |
| 2025-03-31 | 1.01 |
| 2024-12-31 | 0.96 |
| 2024-09-30 | 1.02 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 1.06 |
| 2023-12-31 | 1.06 |
| 2023-09-30 | 1.10 |
| 2023-06-30 | 1.22 |
| 2023-03-31 | 1.27 |
| 2022-12-31 | 1.20 |
| 2022-09-30 | 1.16 |
| 2022-06-30 | 1.23 |
| 2022-03-31 | 1.23 |
| 2021-12-31 | 1.17 |
| 2021-09-30 | 1.40 |
| 2021-06-30 | 1.38 |
| 2021-03-31 | 1.49 |
| 2020-12-31 | 1.49 |
| 2020-09-30 | 1.40 |
| 2020-06-30 | 1.55 |
| 2020-03-31 | 1.62 |
| 2019-12-31 | 1.56 |
| 2019-09-30 | 1.64 |
| 2019-06-30 | 1.74 |
| 2019-03-31 | 1.82 |
| 2018-12-31 | 1.70 |
| 2018-09-30 | 1.75 |
| 2018-06-30 | 1.77 |
| 2018-03-31 | 1.80 |
| 2017-12-31 | 1.87 |
| 2017-09-30 | 1.92 |
| 2017-06-30 | 1.92 |
| 2017-03-31 | 1.87 |
| 2016-12-31 | 1.71 |
| 2016-09-30 | 1.83 |
| 2016-06-30 | 1.97 |
| 2016-03-31 | 1.99 |
| 2015-12-31 | 1.89 |
| 2015-09-30 | 1.88 |
| 2015-06-30 | 2.01 |
| 2015-03-31 | 1.94 |
| 2014-12-31 | 1.84 |
| 2014-09-30 | 1.83 |
| 2014-06-30 | 1.87 |
| 2014-03-31 | 1.87 |
| 2013-12-31 | 1.71 |
| 2013-09-30 | 1.82 |
| 2013-06-30 | 1.93 |
| 2013-03-31 | 1.96 |
| 2012-12-31 | 1.86 |
| 2012-09-30 | 1.97 |
| 2012-06-30 | 1.91 |
| 2012-03-31 | 1.86 |
| 2011-12-31 | 2.00 |
| 2011-09-30 | 1.70 |
| 2011-06-30 | 1.55 |
| 2011-03-31 | 1.49 |
| 2010-12-31 | 1.40 |
| 2010-09-30 | 0.89 |
| 2010-06-30 | 0.87 |
| 2010-03-31 | 0.89 |
| 2009-12-31 | 1.07 |
| 2009-09-30 | 1.09 |
| 2009-06-30 | 1.19 |
| 2009-03-31 | 1.17 |
| 2008-12-31 | 0.99 |
| 2008-09-30 | 1.04 |
| 2008-06-30 | 1.12 |
| 2008-03-31 | 1.20 |
| 2007-12-31 | 1.07 |
| 2007-09-30 | 1.16 |
| 2007-06-30 | 1.17 |
| 2007-03-31 | 1.18 |
| 2006-12-31 | 1.06 |
| 2006-09-30 | 1.19 |
| 2006-06-30 | 1.21 |
| 2006-03-31 | 1.23 |
| 2005-12-31 | 1.14 |
| 2005-09-30 | 1.32 |
| 2005-06-30 | 1.35 |
| 2005-03-31 | 1.32 |
| 2004-12-31 | 1.43 |
| 2004-09-30 | 1.38 |
| 2004-06-30 | 1.34 |
| 2004-03-31 | 0.94 |
| 2003-12-13 | 0.89 |
| 2003-09-30 | 1.16 |
| 2003-06-30 | 1.23 |
| 2003-03-31 | 1.14 |
| 2002-12-31 | 1.10 |
| 2002-09-30 | 1.05 |