Caterpillar Inc. (CAT) Quick Ratio (Acid-Test): 0.94
Is Caterpillar Inc.’s quick ratio (acid-test) high or low?
Caterpillar Inc.'s quick ratio (acid-test) of 0.94 is in line with its 5-year average of 0.94, around the middle of its 5-year range (0.87–1.09).
As of Tuesday, June 16, 2026. 2.73% above its 12-month average of 0.92.
CAT Quick Ratio (Acid-Test) Chart
CAT Average Quick Ratio (Acid-Test) Chart
CAT Current vs Average Quick Ratio (Acid-Test) Chart
CAT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.94
QUICK RATIO (ACID-TEST) AVG TTM
0.92
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
0.95
QUICK RATIO (ACID-TEST) AVG 15Y
0.94
QUICK RATIO (ACID-TEST) AVG 20Y
0.92
CURRENT VS TTM AVG
+2.73%
CURRENT VS 3Y AVG
+5.32%
CURRENT VS 5Y AVG
-0.18%
CURRENT VS 10Y AVG
-0.86%
CURRENT VS 15Y AVG
-0.13%
CURRENT VS 20Y AVG
+2.12%
CAT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | $440.81B | 0.94 | 0.92 | 0.89 | 0.94 |
| GE Aerospace (GE)vs › | $368.09B | 0.74 | 0.78 | 0.88 | 0.96 |
| RTX Corporation (RTX)vs › | $250.11B | 0.80 | 0.77 | 0.78 | 0.83 |
| Siemens AG (SIEGY)vs › | $241.46B | 1.15 | 1.15 | 1.13 | 1.16 |
| The Boeing Company (BA)vs › | $179.26B | 0.40 | 0.41 | 0.37 | 0.38 |
| Eaton Corporation plc (ETN)vs › | $159.80B | 0.81 | 0.89 | 0.91 | 0.91 |
| Union Pacific Corporation (UNP)vs › | $158.34B | 0.75 | 0.69 | 0.66 | 0.67 |
| Deere & Company (DE)vs › | $158.25B | 2.08 | 2.08 | 1.92 | 1.90 |
| Honeywell International Inc. (HON)vs › | $145.99B | 1.05 | 1.03 | 0.99 | 1.04 |
| Lockheed Martin Corporation (LMT)vs › | $123.81B | 0.94 | 0.94 | 1.01 | 1.07 |
Liquidity Comparison
Quick Ratio
0.94
Excludes inventory
Current Ratio
1.44
Includes inventory
Caterpillar Inc. Quick Ratio (Acid-Test) Formula & Definition
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
Caterpillar Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The quick ratio (acid-test) for CAT stock is 0.94.
- Is Caterpillar Inc.'s quick ratio (acid-test) high or low?
- Caterpillar Inc.'s quick ratio (acid-test) of 0.94 is in line with its 5-year average of 0.94, around the middle of its 5-year range (0.87–1.09).
- What is the TTM average quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The TTM average quick ratio (acid-test) for CAT stock is 0.92.
- What is the 3Y average quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The 3Y average quick ratio (acid-test) for CAT stock is 0.89.
- What is the 5Y average quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The 5Y average quick ratio (acid-test) for CAT stock is 0.94.
- What is the 10Y average quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The 10Y average quick ratio (acid-test) for CAT stock is 0.95.
- What is the 15Y average quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The 15Y average quick ratio (acid-test) for CAT stock is 0.94.
- What is the 20Y average quick ratio (acid-test) for Caterpillar Inc. (CAT)?
- The 20Y average quick ratio (acid-test) for CAT stock is 0.92.
Caterpillar Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.94 |
| 2024-12-31 | 0.89 |
| 2023-12-31 | 0.87 |
| 2022-12-31 | 0.87 |
| 2021-12-31 | 0.99 |
| 2020-12-31 | 1.09 |
| 2019-12-31 | 1.05 |
| 2018-12-31 | 0.96 |
| 2017-12-31 | 0.97 |
| 2016-12-31 | 0.89 |
| 2015-12-31 | 0.91 |
| 2014-12-31 | 0.96 |
| 2013-12-31 | 0.94 |
| 2012-12-31 | 0.90 |
| 2011-12-31 | 0.82 |
| 2010-12-31 | 1.01 |
| 2009-12-31 | 1.10 |
| 2008-12-31 | 0.90 |
| 2007-12-31 | 0.82 |
| 2006-12-31 | 0.87 |
| 2005-12-31 | 0.93 |
| 2004-12-31 | 0.92 |
| 2003-12-31 | 1.07 |
| 2002-12-31 | 1.00 |
| 2001-12-31 | 1.02 |
| 2000-12-31 | 1.15 |
| 1999-12-31 | 1.12 |
| 1998-12-31 | 1.08 |
| 1997-12-31 | 1.13 |
| 1996-12-31 | 0.94 |
Related Metrics
About Caterpillar Inc.
Caterpillar Inc., a global enterprise founded in 1925 and headquartered in Deerfield, Illinois (having previously operated as Caterpillar Tractor Co. until its rebranding in 1986), is a premier manufacturer and vendor of heavy construction and mining equipment, diesel and natural gas power units, and industrial gas turbines across the world. The company's extensive offerings are organized into several operational divisions: Construction Industries: This segment delivers a broad spectrum of machinery for construction projects, including asphalt pavers, versatile backhoe and skid steer loaders, various sizes of excavators (from compact to heavy-duty), compactors, road-building equipment like cold planers and motorgraders, pipelayers, site preparation tractors, telehandlers, and utility vehicles, alongside a range of wheel loaders and track-type equipment. Resource Industries: Dedicated to the mining sector, this division supplies powerful equipment such as electric rope and hydraulic shovels, draglines, rotary drills, specialized hard rock vehicles, and a diverse fleet of mining, off-highway, and articulated trucks. It also offers longwall miners, wheel dozers, fleet management systems, autonomous vehicle solutions, crucial machinery components, selected work tools, and comprehensive safety and performance solutions for mining operations. Energy & Transportation: This segment focuses on power generation and propulsion systems. It provides reciprocating engines, generator sets, integrated power solutions, industrial turbines and associated services, remanufactured engines and parts, centrifugal gas compressors, and diesel-electric locomotives with related components and services. These products serve critical sectors including marine, oil and gas, industrial applications, and electric power generation. Financial Products: This segment supports customers with a variety of financial services, such as operating and finance leases, installment sale agreements, working capital loans, and wholesale financing schemes. It also offers insurance and risk management products tailored for vehicles, power generation facilities, and marine vessels. All Other: This encompassing segment is responsible for manufacturing essential consumables and components like filters, fluids, undercarriage parts, and ground engaging tools.
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- CEO
- Joseph E. Creed