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 0.72 is 32% below its 5-year average of 1.05, near the low end of its 5-year range (0.72–2.54).
As of the fiscal period ended Tuesday, June 30, 2026. 6.90% below its 12-month average of 0.77.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.72.
QUICK RATIO (ACID-TEST)
0.72
QUICK RATIO (ACID-TEST) AVG TTM
0.77
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
1.05
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-6.90%
CURRENT VS 3Y AVG
-19.27%
CURRENT VS 5Y AVG
-31.60%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-37.04%
vs the sector median at left
Carrier Global Corporation
Market Cap
$45.55B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.77
3Y Avg
0.89
5Y Avg
1.05
Market Cap
$44.67B
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.96
3Y Avg
0.91
5Y Avg
0.97
Market Cap
$44.15B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$47.54B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$42.88B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$48.94B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
Market Cap
$41.76B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.82
3Y Avg
0.78
5Y Avg
0.92
Market Cap
$41.67B
Quick Ratio (Acid-Test)
4.98
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
3.23
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $45.55B | 0.72 | 0.77 | 0.89 | 1.05 |
| L3Harris Technologies, Inc. (LHX)vs › | $44.67B | 1.03 | 0.96 | 0.91 | 0.97 |
| HEICO Corporation (HEI-A)vs › | $44.15B | 1.27 | 1.31 | 1.31 | 1.62 |
| Rockwell Automation, Inc. (ROK)vs › | $47.54B | 0.74 | 0.74 | 0.81 | 0.86 |
| Ferguson plc (FERG)vs › | $42.89B | 0.93 | 0.94 | 0.95 | 0.96 |
| HEICO Corporation (HEI)vs › | $42.88B | 1.27 | 1.31 | 1.31 | 1.62 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.94B | 0.59 | 0.63 | 0.64 | 0.66 |
| Thomson Reuters Corporation (TRI)vs › | $41.76B | 0.51 | 0.82 | 0.78 | 0.92 |
| Rocket Lab USA, Inc. (RKLB)vs › | $41.67B | 4.98 | 2.65 | 2.61 | 3.23 |
| Ferrovial SE (FER)vs › | $40.84B | 1.09 | 1.09 | 1.15 | 1.22 |
Quick Ratio
0.72
Excludes inventory
Current Ratio
1.02
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 | 0.72 |
| 2026-03-31 | 0.75 |
| 2025-12-31 | 0.85 |
| 2025-09-30 | 0.75 |
| 2025-06-30 | 0.80 |
| 2025-03-31 | 0.83 |
| 2024-12-31 | 0.96 |
| 2024-09-30 | 0.82 |
| 2024-06-30 | 0.80 |
| 2024-03-31 | 0.99 |
| 2023-12-31 | 2.54 |
| 2023-09-30 | 1.25 |
| 2023-06-30 | 1.19 |
| 2023-03-31 | 1.23 |
| 2022-12-31 | 1.20 |
| 2022-09-30 | 1.18 |
| 2022-06-30 | 1.25 |
| 2022-03-31 | 1.31 |
| 2021-12-31 | 1.42 |
| 2021-09-30 | 1.54 |
| 2021-06-30 | 1.23 |
| 2021-03-31 | 1.26 |
| 2020-12-31 | 1.35 |
| 2020-09-30 | 1.50 |
| 2020-06-30 | 1.34 |
| 2020-03-31 | 0.99 |
| 2019-12-31 | 1.04 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
