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 1.56 is in line with its 5-year average of 1.46, near the high end of its 5-year range (1.12–1.70).
As of the fiscal period ended Tuesday, June 30, 2026. 2.87% below its 12-month average of 1.60.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.56.
QUICK RATIO (ACID-TEST)
1.56
QUICK RATIO (ACID-TEST) AVG TTM
1.60
QUICK RATIO (ACID-TEST) AVG 3Y
1.57
QUICK RATIO (ACID-TEST) AVG 5Y
1.46
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-2.87%
CURRENT VS 3Y AVG
-1.13%
CURRENT VS 5Y AVG
+6.27%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+35.88%
vs the sector median at left
Leonardo DRS, Inc.
Market Cap
$9.92B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.60
3Y Avg
1.57
5Y Avg
1.46
Market Cap
$9.18B
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.79
3Y Avg
1.60
5Y Avg
1.67
Market Cap
$10.68B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.04
3Y Avg
0.96
5Y Avg
1.00
Market Cap
$9.03B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.47
3Y Avg
1.45
5Y Avg
1.42
Market Cap
$8.81B
Quick Ratio (Acid-Test)
4.99
TTM Avg
2.92
3Y Avg
2.33
5Y Avg
2.63
Market Cap
$8.45B
Quick Ratio (Acid-Test)
0.58
TTM Avg
0.65
3Y Avg
0.65
5Y Avg
0.67
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leonardo DRS, Inc. (DRS) | $9.92B | 1.56 | 1.60 | 1.57 | 1.46 |
| Saia, Inc. (SAIA)vs › | $9.29B | 1.58 | 1.60 | 1.79 | 1.58 |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $9.18B | 1.59 | 1.79 | 1.60 | 1.67 |
| Huntington Ingalls Industries, Inc. (HII)vs › | $10.68B | 1.14 | 1.04 | 0.96 | 1.00 |
| Valmont Industries, Inc. (VMI)vs › | $9.03B | 1.55 | 1.47 | 1.45 | 1.42 |
| Pentair plc (PNR)vs › | $8.86B | 0.76 | 0.94 | 0.88 | 0.82 |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.81B | 4.99 | 2.92 | 2.33 | 2.63 |
| AGCO Corporation (AGCO)vs › | $8.45B | 0.58 | 0.65 | 0.65 | 0.67 |
| Crane Company (CR)vs › | $11.68B | 1.84 | 3.30 | 2.29 | 1.98 |
| A. O. Smith Corporation (AOS)vs › | $8.06B | 1.04 | 0.95 | 1.04 | 1.14 |
Quick Ratio
1.56
Excludes inventory
Current Ratio
1.92
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 | 1.56 |
| 2026-03-31 | 1.52 |
| 2025-12-31 | 1.60 |
| 2025-09-30 | 1.63 |
| 2025-06-30 | 1.70 |
| 2025-03-31 | 1.64 |
| 2024-12-31 | 1.62 |
| 2024-09-30 | 1.70 |
| 2024-06-30 | 1.60 |
| 2024-03-31 | 1.59 |
| 2023-12-31 | 1.47 |
| 2023-09-30 | 1.43 |
| 2023-06-30 | 1.40 |
| 2023-03-31 | 1.32 |
| 2022-12-31 | 1.33 |
| 2022-09-30 | 1.30 |
| 2022-06-30 | 1.41 |
| 2022-03-31 | 1.39 |
| 2021-12-31 | 1.20 |
| 2021-09-30 | 1.21 |
| 2021-06-30 | 1.12 |
| 2021-03-31 | 1.06 |
| 2020-12-31 | 1.04 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-09-30 | 1.04 |
| 2019-06-30 | 1.04 |
| 2019-03-31 | 1.04 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
