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 0.35 is 22% below its 5-year average of 0.45, near the low end of its 5-year range (0.32–0.79).
As of the fiscal period ended Tuesday, June 30, 2026. 0.79% above its 12-month average of 0.34.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.35
QUICK RATIO (ACID-TEST) AVG TTM
0.34
QUICK RATIO (ACID-TEST) AVG 3Y
0.34
QUICK RATIO (ACID-TEST) AVG 5Y
0.41
QUICK RATIO (ACID-TEST) AVG 10Y
0.38
QUICK RATIO (ACID-TEST) AVG 15Y
0.48
QUICK RATIO (ACID-TEST) AVG 20Y
0.57
CURRENT VS TTM AVG
+0.79%
CURRENT VS 3Y AVG
+1.81%
CURRENT VS 5Y AVG
-15.76%
CURRENT VS 10Y AVG
-7.63%
CURRENT VS 15Y AVG
-27.61%
CURRENT VS 20Y AVG
-38.53%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-70.04%
vs the sector median at left
Delta Air Lines, Inc.
Market Cap
$57.69B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.34
3Y Avg
0.34
5Y Avg
0.41
Market Cap
$55.68B
Quick Ratio (Acid-Test)
1.02
TTM Avg
0.96
3Y Avg
0.91
5Y Avg
0.97
Market Cap
$54.88B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.13
3Y Avg
1.10
5Y Avg
1.13
Market Cap
$54.54B
Quick Ratio (Acid-Test)
2.41
TTM Avg
2.34
3Y Avg
2.19
5Y Avg
2.10
Market Cap
$51.15B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$64.72B
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.54
3Y Avg
1.52
5Y Avg
1.50
Market Cap
$50.45B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
Market Cap
$50.47B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Delta Air Lines, Inc. (DAL) | $57.69B | 0.35 | 0.34 | 0.34 | 0.41 |
| L3Harris Technologies, Inc. (LHX)vs › | $55.68B | 1.02 | 0.96 | 0.91 | 0.97 |
| Comfort Systems USA, Inc. (FIX)vs › | $54.88B | 1.19 | 1.13 | 1.10 | 1.13 |
| Fastenal Company (FAST)vs › | $54.54B | 2.41 | 2.34 | 2.19 | 2.10 |
| AMETEK, Inc. (AME)vs › | $54.32B | 0.67 | 0.71 | 0.74 | 0.94 |
| Rockwell Automation, Inc. (ROK)vs › | $51.15B | 0.77 | 0.74 | 0.81 | 0.86 |
| W.W. Grainger, Inc. (GWW)vs › | $64.72B | 1.59 | 1.54 | 1.52 | 1.50 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.45B | 0.57 | 0.63 | 0.64 | 0.66 |
| Carrier Global Corporation (CARR)vs › | $50.47B | 0.85 | 0.91 | 1.39 | 1.39 |
| Honeywell Aerospace Inc (HONA)vs › | $65.51B | N/A | N/A | N/A | N/A |
Quick Ratio
0.35
Excludes inventory
Current Ratio
0.40
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 | 0.35 |
| 2026-03-31 | 0.36 |
| 2025-12-31 | 0.34 |
| 2025-09-30 | 0.34 |
| 2025-06-30 | 0.33 |
| 2025-03-31 | 0.33 |
| 2024-12-31 | 0.32 |
| 2024-09-30 | 0.34 |
| 2024-06-30 | 0.35 |
| 2024-03-31 | 0.36 |
| 2023-12-31 | 0.34 |
| 2023-09-30 | 0.39 |
| 2023-06-30 | 0.41 |
| 2023-03-31 | 0.42 |
| 2022-12-31 | 0.45 |
| 2022-09-30 | 0.52 |
| 2022-06-30 | 0.59 |
| 2022-03-31 | 0.60 |
| 2021-12-31 | 0.71 |
| 2021-09-30 | 0.79 |
| 2021-06-30 | 0.79 |
| 2021-03-31 | 0.82 |
| 2020-12-31 | 1.05 |
| 2020-09-30 | 1.23 |
| 2020-06-30 | 0.90 |
| 2020-03-31 | 0.48 |
| 2019-12-31 | 0.35 |
| 2019-09-30 | 0.29 |
| 2019-06-30 | 0.29 |
| 2019-03-31 | 0.29 |
| 2018-12-31 | 0.28 |
| 2018-09-30 | 0.31 |
| 2018-06-30 | 0.31 |
| 2018-03-31 | 0.33 |
| 2017-12-31 | 0.34 |
| 2017-09-30 | 0.36 |
| 2017-06-30 | 0.38 |
| 2017-03-31 | 0.38 |
| 2016-12-31 | 0.43 |
| 2016-09-30 | 0.43 |
| 2016-06-30 | 0.42 |
| 2016-03-31 | 0.48 |
| 2015-12-31 | 0.48 |
| 2015-09-30 | 0.64 |
| 2015-06-30 | 0.62 |
| 2015-03-31 | 0.66 |
| 2014-12-31 | 0.49 |
| 2014-09-30 | 0.68 |
| 2014-06-30 | 0.63 |
| 2014-03-31 | 0.59 |
| 2013-12-31 | 0.61 |
| 2013-09-30 | 0.56 |
| 2013-06-30 | 0.54 |
| 2013-03-31 | 0.54 |
| 2012-12-31 | 0.55 |
| 2012-09-30 | 0.59 |
| 2012-06-30 | 0.55 |
| 2012-03-31 | 0.58 |
| 2011-12-31 | 0.58 |
| 2011-09-30 | 0.58 |
| 2011-06-30 | 0.60 |
| 2011-03-31 | 0.62 |
| 2010-12-31 | 0.61 |
| 2010-09-30 | 0.60 |
| 2010-06-30 | 0.64 |
| 2010-03-31 | 0.72 |
| 2009-12-31 | 0.78 |
| 2009-09-30 | 0.89 |
| 2009-06-30 | 0.71 |
| 2009-03-31 | 0.67 |
| 2008-12-31 | 0.77 |
| 2008-09-30 | 0.77 |
| 2008-06-30 | 0.85 |
| 2008-03-31 | 0.76 |
| 2007-12-31 | 0.75 |
| 2007-09-30 | 0.80 |
| 2007-06-30 | 0.78 |
| 2007-03-31 | 0.74 |
| 2006-12-31 | 0.90 |
| 2006-09-30 | 0.93 |
| 2006-06-30 | 0.89 |
| 2006-03-31 | 0.78 |
| 2005-12-31 | 0.82 |
| 2005-09-30 | 0.83 |
| 2005-06-30 | 0.52 |
| 2005-03-31 | 0.53 |
| 2004-12-31 | 0.57 |
| 2004-09-30 | 0.52 |
| 2004-06-30 | 0.59 |
| 2004-03-31 | 0.66 |
| 2003-12-31 | 0.72 |
| 2003-09-30 | 0.72 |
| 2003-06-30 | 0.77 |
| 2003-03-31 | 0.53 |
| 2002-12-31 | 0.58 |
| 2002-09-30 | 0.56 |
