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 0.82 is 27% below its 5-year average of 1.12, near the low end of its 5-year range (0.63–2.20).
As of the fiscal period ended Tuesday, June 30, 2026. 11.52% above its 12-month average of 0.74.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.82
QUICK RATIO (ACID-TEST) AVG TTM
0.74
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
1.06
QUICK RATIO (ACID-TEST) AVG 10Y
1.25
QUICK RATIO (ACID-TEST) AVG 15Y
1.12
QUICK RATIO (ACID-TEST) AVG 20Y
1.08
CURRENT VS TTM AVG
+11.52%
CURRENT VS 3Y AVG
-7.42%
CURRENT VS 5Y AVG
-22.91%
CURRENT VS 10Y AVG
-34.21%
CURRENT VS 15Y AVG
-26.95%
CURRENT VS 20Y AVG
-23.99%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
-29.27%
vs the sector median at left
CSX Corporation
Market Cap
$95.96B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.74
3Y Avg
0.89
5Y Avg
1.06
Market Cap
$95.53B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.79
3Y Avg
0.80
5Y Avg
0.81
Market Cap
$93.08B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.18
3Y Avg
1.34
5Y Avg
1.42
Market Cap
$87.48B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.78
3Y Avg
0.79
5Y Avg
0.84
Market Cap
$105.24B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.85
3Y Avg
0.90
5Y Avg
0.94
Market Cap
$106.84B
Quick Ratio (Acid-Test)
0.92
TTM Avg
0.90
3Y Avg
0.84
5Y Avg
0.95
Market Cap
$84.42B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.54
3Y Avg
1.27
5Y Avg
1.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CSX Corporation (CSX) | $95.96B | 0.82 | 0.74 | 0.89 | 1.06 |
| Waste Management, Inc. (WM)vs › | $95.53B | 0.85 | 0.79 | 0.80 | 0.81 |
| Quanta Services, Inc. (PWR)vs › | $93.08B | 1.09 | 1.18 | 1.34 | 1.42 |
| 3M Company (MMM)vs › | $91.88B | 1.33 | 1.21 | 1.05 | 1.12 |
| Cummins Inc. (CMI)vs › | $91.33B | 1.16 | 0.98 | 0.87 | 0.99 |
| Johnson Controls International plc (JCI)vs › | $87.48B | 0.76 | 0.78 | 0.79 | 0.84 |
| General Dynamics Corporation (GD)vs › | $105.24B | 0.89 | 0.85 | 0.90 | 0.94 |
| Trane Technologies plc (TT)vs › | $106.84B | 0.92 | 0.90 | 0.84 | 0.95 |
| Cintas Corporation (CTAS)vs › | $84.42B | 1.27 | 1.54 | 1.27 | 1.11 |
| United Parcel Service, Inc. (UPS)vs › | $84.26B | 1.22 | 1.17 | 1.14 | 1.18 |
Quick Ratio
0.82
Excludes inventory
Current Ratio
0.81
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 | 0.82 |
| 2026-03-31 | 0.83 |
| 2025-12-31 | 0.69 |
| 2025-09-30 | 0.71 |
| 2025-06-30 | 0.63 |
| 2025-03-31 | 0.75 |
| 2024-12-31 | 0.73 |
| 2024-09-30 | 1.23 |
| 2024-06-30 | 1.01 |
| 2024-03-31 | 1.00 |
| 2023-12-31 | 0.91 |
| 2023-09-30 | 1.00 |
| 2023-06-30 | 1.21 |
| 2023-03-31 | 1.28 |
| 2022-12-31 | 1.42 |
| 2022-09-30 | 1.57 |
| 2022-06-30 | 1.01 |
| 2022-03-31 | 1.32 |
| 2021-12-31 | 1.58 |
| 2021-09-30 | 1.58 |
| 2021-06-30 | 2.20 |
| 2021-03-31 | 2.23 |
| 2020-12-31 | 2.05 |
| 2020-09-30 | 1.73 |
| 2020-06-30 | 1.51 |
| 2020-03-31 | 1.61 |
| 2019-12-31 | 1.40 |
| 2019-09-30 | 1.33 |
| 2019-06-30 | 1.44 |
| 2019-03-31 | 1.68 |
| 2018-12-31 | 1.20 |
| 2018-09-30 | 1.29 |
| 2018-06-30 | 1.48 |
| 2018-03-31 | 1.68 |
| 2017-12-31 | 0.81 |
| 2017-09-30 | 0.86 |
| 2017-06-30 | 1.32 |
| 2017-03-31 | 0.99 |
| 2016-12-31 | 1.02 |
| 2016-09-23 | 0.78 |
| 2016-06-24 | 0.80 |
| 2016-03-25 | 1.32 |
| 2015-12-31 | 1.34 |
| 2015-09-25 | 1.14 |
| 2015-06-26 | 1.34 |
| 2015-03-27 | 1.06 |
| 2014-12-31 | 1.09 |
| 2014-09-26 | 1.08 |
| 2014-06-27 | 0.75 |
| 2014-03-28 | 0.92 |
| 2013-12-31 | 0.97 |
| 2013-09-27 | 0.86 |
| 2013-06-28 | 0.92 |
| 2013-03-29 | 0.92 |
| 2012-12-31 | 0.96 |
| 2012-09-28 | 0.70 |
| 2012-06-29 | 0.82 |
| 2012-03-30 | 0.85 |
| 2011-12-31 | 1.05 |
| 2011-09-30 | 0.80 |
| 2011-07-01 | 1.09 |
| 2011-04-01 | 0.87 |
| 2010-12-31 | 1.04 |
| 2010-09-24 | 0.78 |
| 2010-06-25 | 0.82 |
| 2010-03-26 | 0.96 |
| 2009-12-31 | 1.27 |
| 2009-09-25 | 1.22 |
| 2009-06-26 | 1.21 |
| 2009-03-27 | 1.14 |
| 2008-12-31 | 0.90 |
| 2008-09-26 | 0.88 |
| 2008-06-27 | 1.22 |
| 2008-03-28 | 1.17 |
| 2007-12-31 | 0.84 |
| 2007-09-28 | 1.26 |
| 2007-06-29 | 1.07 |
| 2007-03-30 | 0.90 |
| 2006-12-31 | 0.98 |
| 2006-09-29 | 0.78 |
| 2006-06-30 | 0.67 |
| 2006-03-31 | 0.76 |
| 2005-12-31 | 0.73 |
| 2005-09-30 | 0.71 |
| 2005-07-01 | 0.80 |
| 2005-04-01 | 1.11 |
| 2004-12-31 | 0.85 |
| 2004-09-24 | 1.06 |
| 2004-06-25 | 0.85 |
| 2004-03-26 | 0.78 |
| 2003-12-31 | 0.78 |
| 2003-09-26 | 0.73 |
| 2003-06-27 | 0.63 |
| 2003-03-28 | 0.64 |
| 2002-12-31 | 0.66 |
| 2002-09-27 | 0.62 |
