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 1.41 is 32% above its 5-year average of 1.07, near the high end of its 5-year range (0.68–1.56).
As of the fiscal period ended Tuesday, June 30, 2026. 3.71% above its 12-month average of 1.36.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.41
QUICK RATIO (ACID-TEST) AVG TTM
1.36
QUICK RATIO (ACID-TEST) AVG 3Y
1.19
QUICK RATIO (ACID-TEST) AVG 5Y
1.07
QUICK RATIO (ACID-TEST) AVG 10Y
0.94
QUICK RATIO (ACID-TEST) AVG 15Y
1.08
QUICK RATIO (ACID-TEST) AVG 20Y
1.25
CURRENT VS TTM AVG
+3.71%
CURRENT VS 3Y AVG
+18.22%
CURRENT VS 5Y AVG
+31.90%
CURRENT VS 10Y AVG
+50.45%
CURRENT VS 15Y AVG
+31.16%
CURRENT VS 20Y AVG
+12.82%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+23.21%
vs the sector median at left
Dover Corporation
Market Cap
$26.26B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.36
3Y Avg
1.19
5Y Avg
1.07
Market Cap
$26.29B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.22
3Y Avg
1.26
5Y Avg
1.19
Market Cap
$25.87B
Quick Ratio (Acid-Test)
1.26
TTM Avg
0.92
3Y Avg
1.14
5Y Avg
1.26
Market Cap
$26.77B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.84
3Y Avg
0.85
5Y Avg
0.91
Market Cap
$24.69B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.99
3Y Avg
1.04
5Y Avg
1.07
Market Cap
$24.37B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.79
3Y Avg
1.95
5Y Avg
1.95
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dover Corporation (DOV) | $26.26B | 1.41 | 1.36 | 1.19 | 1.07 |
| nVent Electric plc (NVT)vs › | $26.29B | 1.33 | 1.22 | 1.26 | 1.19 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.87B | 1.26 | 0.92 | 1.14 | 1.26 |
| Otis Worldwide Corporation (OTIS)vs › | $26.77B | 0.75 | 0.84 | 0.85 | 0.91 |
| Xylem Inc. (XYL)vs › | $25.51B | 1.24 | 1.31 | 1.32 | 1.43 |
| Hubbell Incorporated (HUBB)vs › | $24.69B | 0.93 | 0.99 | 1.04 | 1.07 |
| Symbotic Inc. (SYM)vs › | $28.12B | 1.23 | 1.11 | 1.01 | 1.01 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.37B | 1.57 | 1.79 | 1.95 | 1.95 |
| ATI Inc. (ATI)vs › | $28.41B | 1.14 | 1.29 | 1.36 | 1.43 |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $28.68B | 0.83 | 1.01 | 1.00 | 0.99 |
Quick Ratio
1.41
Excludes inventory
Current Ratio
1.98
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 | 1.41 |
| 2026-03-31 | 1.32 |
| 2025-12-31 | 1.28 |
| 2025-09-30 | 1.44 |
| 2025-06-30 | 1.35 |
| 2025-03-31 | 1.56 |
| 2024-12-31 | 1.52 |
| 2024-09-30 | 1.06 |
| 2024-06-30 | 0.95 |
| 2024-03-31 | 0.89 |
| 2023-12-31 | 0.90 |
| 2023-09-30 | 1.00 |
| 2023-06-30 | 0.83 |
| 2023-03-31 | 0.76 |
| 2022-12-31 | 0.74 |
| 2022-09-30 | 0.68 |
| 2022-06-30 | 0.87 |
| 2022-03-31 | 0.85 |
| 2021-12-31 | 0.83 |
| 2021-09-30 | 1.12 |
| 2021-06-30 | 1.09 |
| 2021-03-31 | 1.08 |
| 2020-12-31 | 0.93 |
| 2020-09-30 | 1.00 |
| 2020-06-30 | 0.91 |
| 2020-03-31 | 0.89 |
| 2019-12-31 | 1.00 |
| 2019-09-30 | 0.97 |
| 2019-06-30 | 0.91 |
| 2019-03-31 | 0.87 |
| 2018-12-31 | 0.96 |
| 2018-09-30 | 0.88 |
| 2018-06-30 | 0.93 |
| 2018-03-31 | 0.95 |
| 2017-12-31 | 1.01 |
| 2017-09-30 | 0.87 |
| 2017-06-30 | 0.81 |
| 2017-03-31 | 0.78 |
| 2016-12-31 | 0.89 |
| 2016-09-30 | 1.01 |
| 2016-06-30 | 0.94 |
| 2016-03-31 | 0.91 |
| 2015-12-31 | 1.18 |
| 2015-09-30 | 1.20 |
| 2015-06-30 | 1.17 |
| 2015-03-31 | 1.02 |
| 2014-12-31 | 1.00 |
| 2014-09-30 | 1.58 |
| 2014-06-30 | 1.63 |
| 2014-03-31 | 1.51 |
| 2013-12-31 | 1.07 |
| 2013-09-30 | 1.15 |
| 2013-06-30 | 1.08 |
| 2013-03-31 | 1.03 |
| 2012-12-31 | 1.08 |
| 2012-09-30 | 1.84 |
| 2012-06-30 | 1.81 |
| 2012-03-31 | 1.96 |
| 2011-12-31 | 2.09 |
| 2011-09-30 | 1.90 |
| 2011-06-30 | 2.27 |
| 2011-03-31 | 2.16 |
| 2010-12-31 | 2.13 |
| 2010-09-30 | 1.98 |
| 2010-06-30 | 1.73 |
| 2010-03-31 | 1.80 |
| 2009-12-31 | 2.01 |
| 2009-09-30 | 2.14 |
| 2009-06-30 | 1.89 |
| 2009-03-31 | 1.78 |
| 2008-12-31 | 1.60 |
| 2008-09-30 | 1.39 |
| 2008-06-30 | 1.38 |
| 2008-03-31 | 1.47 |
| 2007-12-31 | 1.11 |
| 2007-09-30 | 1.10 |
| 2007-06-30 | 1.24 |
| 2007-03-31 | 1.16 |
| 2006-12-31 | 1.10 |
| 2006-09-30 | 1.29 |
| 2006-06-30 | 1.31 |
| 2006-03-31 | 1.27 |
| 2005-12-31 | 0.94 |
| 2005-09-30 | 0.94 |
| 2005-06-30 | 1.05 |
| 2005-03-31 | 0.98 |
| 2004-12-31 | 0.98 |
| 2004-09-30 | 1.27 |
| 2004-06-30 | 1.32 |
| 2004-03-31 | 1.37 |
| 2003-12-31 | 1.33 |
| 2003-09-30 | 1.47 |
| 2003-06-30 | 1.61 |
| 2003-03-31 | 1.59 |
| 2002-12-31 | 1.48 |
| 2002-09-30 | 1.45 |