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 1.79 is in line with its 5-year average of 1.93, near the low end of its 5-year range (1.71–2.42).
As of the fiscal period ended Tuesday, March 31, 2026. 0.06% below its 12-month average of 1.79.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.79
QUICK RATIO (ACID-TEST) AVG TTM
1.79
QUICK RATIO (ACID-TEST) AVG 3Y
1.86
QUICK RATIO (ACID-TEST) AVG 5Y
1.93
QUICK RATIO (ACID-TEST) AVG 10Y
2.10
QUICK RATIO (ACID-TEST) AVG 15Y
2.27
QUICK RATIO (ACID-TEST) AVG 20Y
2.25
CURRENT VS TTM AVG
-0.06%
CURRENT VS 3Y AVG
-3.84%
CURRENT VS 5Y AVG
-7.09%
CURRENT VS 10Y AVG
-14.72%
CURRENT VS 15Y AVG
-21.14%
CURRENT VS 20Y AVG
-20.44%
SECTOR MEDIAN · INDUSTRIALS
1.17
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+52.91%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$22.08B
Quick Ratio (Acid-Test)
1.79
TTM Avg
1.79
3Y Avg
1.86
5Y Avg
1.93
Market Cap
$22.19B
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.65
3Y Avg
0.93
5Y Avg
1.27
Market Cap
$21.33B
Quick Ratio (Acid-Test)
3.68
TTM Avg
3.68
3Y Avg
3.22
5Y Avg
2.87
Market Cap
$23.01B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.60
3Y Avg
1.36
5Y Avg
1.25
Market Cap
$23.79B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.06
3Y Avg
1.05
5Y Avg
1.05
Market Cap
$25.06B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.22
3Y Avg
1.26
5Y Avg
1.19
Market Cap
$25.14B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.99
3Y Avg
1.04
5Y Avg
1.07
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $22.08B | 1.79 | 1.79 | 1.86 | 1.93 |
| Southwest Airlines Co. (LUV)vs › | $22.19B | 0.45 | 0.65 | 0.93 | 1.27 |
| Snap-on Incorporated (SNA)vs › | $21.33B | 3.68 | 3.68 | 3.22 | 2.87 |
| Veralto Corporation (VLTO)vs › | $23.01B | 1.52 | 1.60 | 1.36 | 1.25 |
| MasTec, Inc. (MTZ)vs › | $20.93B | 1.29 | 1.23 | 1.33 | 1.42 |
| Equifax Inc. (EFX)vs › | $20.45B | 0.60 | 0.68 | 0.68 | 0.70 |
| XPO Logistics, Inc. (XPO)vs › | $23.79B | 1.05 | 1.06 | 1.05 | 1.05 |
| nVent Electric plc (NVT)vs › | $25.06B | 1.16 | 1.22 | 1.26 | 1.19 |
| Hubbell Incorporated (HUBB)vs › | $25.14B | 1.00 | 0.99 | 1.04 | 1.07 |
| Sterling Infrastructure, Inc. (STRL)vs › | $18.61B | 1.01 | 1.19 | 1.24 | 1.22 |
Quick Ratio
1.79
Excludes inventory
Current Ratio
1.81
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) |
|---|---|
| 2026-03-31 | 1.79 |
| 2025-12-31 | 1.81 |
| 2025-09-30 | 1.79 |
| 2025-06-30 | 1.73 |
| 2025-03-31 | 1.83 |
| 2024-12-31 | 1.77 |
| 2024-09-30 | 1.72 |
| 2024-06-30 | 1.71 |
| 2024-03-31 | 1.85 |
| 2023-12-31 | 2.02 |
| 2023-09-30 | 2.11 |
| 2023-06-30 | 2.21 |
| 2023-03-31 | 2.42 |
| 2022-12-31 | 2.20 |
| 2022-09-30 | 2.06 |
| 2022-06-30 | 1.86 |
| 2022-03-31 | 1.87 |
| 2021-12-31 | 1.78 |
| 2021-09-30 | 1.87 |
| 2021-06-30 | 2.01 |
| 2021-03-31 | 2.05 |
| 2020-12-31 | 2.09 |
| 2020-09-30 | 2.28 |
| 2020-06-30 | 2.22 |
| 2020-03-31 | 2.26 |
| 2019-12-31 | 2.37 |
| 2019-09-30 | 2.34 |
| 2019-06-30 | 2.12 |
| 2019-03-31 | 2.22 |
| 2018-12-31 | 2.06 |
| 2018-09-30 | 1.99 |
| 2018-06-30 | 2.07 |
| 2018-03-31 | 2.20 |
| 2017-12-31 | 2.32 |
| 2017-09-30 | 2.34 |
| 2017-06-30 | 2.48 |
| 2017-03-31 | 2.59 |
| 2016-12-31 | 2.39 |
| 2016-09-30 | 2.41 |
| 2016-06-30 | 2.38 |
| 2016-03-31 | 2.44 |
| 2015-12-31 | 2.29 |
| 2015-09-30 | 2.34 |
| 2015-06-30 | 2.35 |
| 2015-03-31 | 2.40 |
| 2014-12-31 | 2.33 |
| 2014-09-30 | 2.41 |
| 2014-06-30 | 2.40 |
| 2014-03-31 | 2.59 |
| 2013-12-31 | 2.78 |
| 2013-09-30 | 2.89 |
| 2013-06-30 | 2.88 |
| 2013-03-31 | 2.92 |
| 2012-12-31 | 2.80 |
| 2012-09-30 | 2.82 |
| 2012-06-30 | 2.72 |
| 2012-03-31 | 2.91 |
| 2011-12-31 | 2.87 |
| 2011-09-30 | 2.67 |
| 2011-06-30 | 2.51 |
| 2011-03-31 | 2.49 |
| 2010-12-31 | 2.48 |
| 2010-09-30 | 2.37 |
| 2010-06-30 | 2.34 |
| 2010-03-31 | 2.53 |
| 2009-12-31 | 2.52 |
| 2009-09-30 | 2.56 |
| 2009-06-30 | 2.68 |
| 2009-03-31 | 2.62 |
| 2008-12-31 | 2.35 |
| 2008-09-30 | 2.03 |
| 2008-06-30 | 2.00 |
| 2008-03-31 | 2.06 |
| 2007-12-31 | 1.99 |
| 2007-09-30 | 1.87 |
| 2007-06-30 | 1.88 |
| 2007-03-31 | 1.97 |
| 2006-12-31 | 1.89 |
| 2006-09-30 | 1.82 |
| 2006-06-30 | 1.81 |
| 2006-03-31 | 1.98 |
| 2005-12-31 | 1.96 |
| 2005-09-30 | 1.94 |
| 2005-06-30 | 1.96 |
| 2005-03-31 | 2.02 |
| 2004-12-31 | 1.99 |
| 2004-09-30 | 1.97 |
| 2004-06-30 | 1.97 |
| 2004-03-31 | 2.00 |
| 2003-12-31 | 1.96 |
| 2003-09-30 | 1.80 |
| 2003-06-30 | 1.80 |
| 2003-03-31 | 1.78 |
| 2002-12-31 | 1.70 |
| 2002-09-30 | 1.92 |
| 2002-06-30 | 1.84 |