Carpenter Technology Corporation (CRS) Quick Ratio (Acid-Test): 2.01
Is Carpenter Technology Corporation’s quick ratio (acid-test) high or low?
Carpenter Technology Corporation's quick ratio (acid-test) of 2.01 is 16% above its 5-year average of 1.73, near the high end of its 5-year range (1.20–2.26).
As of Thursday, June 18, 2026. 4.42% above its 12-month average of 1.92.
CRS Quick Ratio (Acid-Test) Chart
CRS Average Quick Ratio (Acid-Test) Chart
CRS Current vs Average Quick Ratio (Acid-Test) Chart
CRS Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
2.01
QUICK RATIO (ACID-TEST) AVG TTM
1.92
QUICK RATIO (ACID-TEST) AVG 3Y
1.73
QUICK RATIO (ACID-TEST) AVG 5Y
1.73
QUICK RATIO (ACID-TEST) AVG 10Y
1.49
QUICK RATIO (ACID-TEST) AVG 15Y
1.57
QUICK RATIO (ACID-TEST) AVG 20Y
1.80
CURRENT VS TTM AVG
+4.42%
CURRENT VS 3Y AVG
+16.35%
CURRENT VS 5Y AVG
+16.30%
CURRENT VS 10Y AVG
+34.90%
CURRENT VS 15Y AVG
+28.38%
CURRENT VS 20Y AVG
+11.40%
CRS Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carpenter Technology Corporation (CRS) | $29.15B | 2.01 | 1.92 | 1.73 | 1.73 |
| Curtiss-Wright Corporation (CW)vs › | $28.52B | 1.00 | 1.09 | 1.19 | 1.17 |
| Dover Corporation (DOV)vs › | $30.11B | 1.28 | 1.40 | 1.11 | 1.03 |
| Otis Worldwide Corporation (OTIS)vs › | $28.11B | 0.77 | 0.84 | 0.85 | 0.91 |
| Copart, Inc. (CPRT)vs › | $27.99B | 8.19 | 7.57 | 6.64 | 5.52 |
| Hubbell Incorporated (HUBB)vs › | $27.67B | 1.00 | 0.99 | 1.04 | 1.07 |
| ATI Inc. (ATI)vs › | $27.48B | 1.27 | 1.29 | 1.36 | 1.43 |
| Xylem Inc. (XYL)vs › | $26.48B | 1.28 | 1.31 | 1.32 | 1.43 |
| Axon Enterprise, Inc. (AXON)vs › | $34.13B | 2.29 | 1.75 | 2.24 | 2.47 |
| Paychex, Inc. (PAYX)vs › | $35.20B | 1.28 | 1.33 | 1.30 | 1.28 |
Liquidity Comparison
Quick Ratio
2.01
Excludes inventory
Current Ratio
3.65
Includes inventory
Carpenter Technology Corporation 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
Carpenter Technology Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The quick ratio (acid-test) for CRS stock is 2.01.
- Is Carpenter Technology Corporation's quick ratio (acid-test) high or low?
- Carpenter Technology Corporation's quick ratio (acid-test) of 2.01 is 16% above its 5-year average of 1.73, near the high end of its 5-year range (1.20–2.26).
- What is the TTM average quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The TTM average quick ratio (acid-test) for CRS stock is 1.92.
- What is the 3Y average quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The 3Y average quick ratio (acid-test) for CRS stock is 1.73.
- What is the 5Y average quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The 5Y average quick ratio (acid-test) for CRS stock is 1.73.
- What is the 10Y average quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The 10Y average quick ratio (acid-test) for CRS stock is 1.49.
- What is the 15Y average quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The 15Y average quick ratio (acid-test) for CRS stock is 1.57.
- What is the 20Y average quick ratio (acid-test) for Carpenter Technology Corporation (CRS)?
- The 20Y average quick ratio (acid-test) for CRS stock is 1.80.
Carpenter Technology Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-06-30 | 2.01 |
| 2024-06-30 | 1.84 |
| 2023-06-30 | 1.40 |
| 2022-06-30 | 1.66 |
| 2021-06-30 | 2.26 |
| 2020-06-30 | 1.20 |
| 2019-06-30 | 1.08 |
| 2018-06-30 | 1.35 |
| 2017-06-30 | 1.02 |
| 2016-06-30 | 1.28 |
| 2015-06-30 | 1.29 |
| 2014-06-30 | 1.15 |
| 2013-06-30 | 1.48 |
| 2012-06-30 | 1.10 |
| 2011-06-30 | 2.10 |
| 2010-06-30 | 2.83 |
| 2009-06-30 | 2.84 |
| 2008-06-30 | 2.33 |
| 2007-06-30 | 2.79 |
| 2006-06-30 | 2.86 |
| 2005-06-30 | 2.02 |
| 2004-06-30 | 1.33 |
| 2003-06-30 | 1.26 |
| 2002-06-30 | 0.88 |
| 2001-06-30 | 0.63 |
| 2000-06-30 | 0.54 |
| 1999-06-30 | 0.59 |
| 1998-06-30 | 1.08 |
| 1997-06-30 | 0.74 |
| 1996-06-30 | 0.95 |
Related Metrics
About Carpenter Technology Corporation
Carpenter Technology Corporation is a global leader in the production and supply of high-performance metallic materials, serving markets across the United States, Europe, Asia Pacific, Mexico, and Canada. The company's operations are structured into two primary divisions: Specialty Alloys Operations and Performance Engineered Products. Its diverse product portfolio encompasses advanced alloys like titanium, stainless, alloy, and tool steels, alongside various powder metals, additives, and custom-fabricated metal components. These specialized materials are critical to numerous industries, including aerospace, defense, medical devices, transportation, energy generation, general manufacturing, and consumer goods. Established in 1889, Carpenter Technology maintains its corporate headquarters in Philadelphia, Pennsylvania.
- Sector
- Industrials
- Industry
- Manufacturing - Metal Fabrication
- CEO
- Tony R. Thene