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 2.21 is in line with its 5-year average of 2.14, around the middle of its 5-year range (1.75–2.49).
As of the fiscal period ended Tuesday, June 30, 2026. 1.83% below its 12-month average of 2.25.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.21
QUICK RATIO (ACID-TEST) AVG TTM
2.25
QUICK RATIO (ACID-TEST) AVG 3Y
2.28
QUICK RATIO (ACID-TEST) AVG 5Y
2.14
QUICK RATIO (ACID-TEST) AVG 10Y
2.17
QUICK RATIO (ACID-TEST) AVG 15Y
2.24
QUICK RATIO (ACID-TEST) AVG 20Y
2.45
CURRENT VS TTM AVG
-1.83%
CURRENT VS 3Y AVG
-2.89%
CURRENT VS 5Y AVG
+3.55%
CURRENT VS 10Y AVG
+1.77%
CURRENT VS 15Y AVG
-1.26%
CURRENT VS 20Y AVG
-9.68%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+90.67%
vs the sector median at left
Fastenal Company
Market Cap
$55.19B
Quick Ratio (Acid-Test)
2.21
TTM Avg
2.25
3Y Avg
2.28
5Y Avg
2.14
Market Cap
$56.86B
Quick Ratio (Acid-Test)
1.02
TTM Avg
0.96
3Y Avg
0.91
5Y Avg
0.97
Market Cap
$57.24B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.13
3Y Avg
1.10
5Y Avg
1.13
Market Cap
$52.46B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
Market Cap
$52.43B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$51.65B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
Market Cap
$58.77B
Quick Ratio (Acid-Test)
0.34
TTM Avg
0.33
3Y Avg
0.36
5Y Avg
0.53
Market Cap
$50.60B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastenal Company (FAST) | $55.19B | 2.21 | 2.25 | 2.28 | 2.14 |
| AMETEK, Inc. (AME)vs › | $55.34B | 0.67 | 0.71 | 0.74 | 0.94 |
| L3Harris Technologies, Inc. (LHX)vs › | $56.86B | 1.02 | 0.96 | 0.91 | 0.97 |
| Comfort Systems USA, Inc. (FIX)vs › | $57.24B | 1.19 | 1.13 | 1.10 | 1.13 |
| Carrier Global Corporation (CARR)vs › | $52.46B | 0.85 | 0.91 | 1.39 | 1.39 |
| Rockwell Automation, Inc. (ROK)vs › | $52.43B | 0.77 | 0.74 | 0.81 | 0.86 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $51.65B | 0.57 | 0.63 | 0.64 | 0.66 |
| Delta Air Lines, Inc. (DAL)vs › | $58.77B | 0.34 | 0.33 | 0.36 | 0.53 |
| HEICO Corporation (HEI-A)vs › | $50.60B | 1.28 | 1.31 | 1.31 | 1.62 |
| Bloom Energy Corporation (BE)vs › | $47.46B | 4.95 | 3.65 | 2.82 | 2.38 |
Quick Ratio
2.21
Excludes inventory
Current Ratio
4.85
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 | 2.21 |
| 2026-03-31 | 2.34 |
| 2025-12-31 | 2.41 |
| 2025-09-30 | 2.19 |
| 2025-06-30 | 2.12 |
| 2025-03-31 | 2.14 |
| 2024-12-31 | 2.28 |
| 2024-09-30 | 2.29 |
| 2024-06-30 | 2.29 |
| 2024-03-31 | 2.49 |
| 2023-12-31 | 2.27 |
| 2023-09-30 | 2.45 |
| 2023-06-30 | 2.13 |
| 2023-03-31 | 1.75 |
| 2022-12-31 | 1.79 |
| 2022-09-30 | 1.89 |
| 2022-06-30 | 1.75 |
| 2022-03-31 | 1.92 |
| 2021-12-31 | 1.95 |
| 2021-09-30 | 2.07 |
| 2021-06-30 | 2.12 |
| 2021-03-31 | 1.98 |
| 2020-12-31 | 1.90 |
| 2020-09-30 | 2.16 |
| 2020-06-30 | 1.91 |
| 2020-03-31 | 1.93 |
| 2019-12-31 | 2.00 |
| 2019-09-30 | 2.06 |
| 2019-06-30 | 2.13 |
| 2019-03-31 | 1.97 |
| 2018-12-31 | 2.37 |
| 2018-09-30 | 2.48 |
| 2018-06-30 | 2.57 |
| 2018-03-31 | 2.30 |
| 2017-12-31 | 2.40 |
| 2017-09-30 | 2.45 |
| 2017-06-30 | 2.42 |
| 2017-03-31 | 2.17 |
| 2016-12-31 | 2.64 |
| 2016-09-30 | 2.45 |
| 2016-06-30 | 1.96 |
| 2016-03-31 | 2.00 |
| 2015-12-31 | 2.01 |
| 2015-09-30 | 2.14 |
| 2015-06-30 | 1.98 |
| 2015-03-31 | 1.55 |
| 2014-12-31 | 1.90 |
| 2014-09-30 | 1.92 |
| 2014-06-30 | 2.10 |
| 2014-03-31 | 2.26 |
| 2013-12-31 | 2.60 |
| 2013-09-30 | 2.62 |
| 2013-06-30 | 2.88 |
| 2013-03-31 | 2.67 |
| 2012-12-31 | 2.80 |
| 2012-09-30 | 3.46 |
| 2012-06-30 | 3.40 |
| 2012-03-31 | 2.97 |
| 2011-12-31 | 3.14 |
| 2011-09-30 | 2.74 |
| 2011-06-30 | 2.76 |
| 2011-03-31 | 2.66 |
| 2010-12-31 | 3.26 |
| 2010-09-30 | 3.22 |
| 2010-06-30 | 3.41 |
| 2010-03-31 | 3.22 |
| 2009-12-31 | 3.97 |
| 2009-09-30 | 3.60 |
| 2009-06-30 | 3.67 |
| 2009-03-31 | 2.72 |
| 2008-12-31 | 2.78 |
| 2008-09-30 | 2.58 |
| 2008-06-30 | 3.07 |
| 2008-03-21 | 2.54 |
| 2007-12-31 | 2.73 |
| 2007-09-30 | 3.03 |
| 2007-06-30 | 2.98 |
| 2007-03-31 | 2.69 |
| 2006-12-31 | 3.00 |
| 2006-09-30 | 2.83 |
| 2006-06-30 | 2.90 |
| 2006-03-31 | 2.42 |
| 2005-12-31 | 3.14 |
| 2005-09-30 | 3.16 |
| 2005-06-30 | 3.07 |
| 2005-03-31 | 2.86 |
| 2004-12-31 | 3.02 |
| 2004-09-30 | 2.67 |
| 2004-06-30 | 2.83 |
| 2004-03-31 | 2.95 |
| 2003-12-31 | 3.63 |
| 2003-09-30 | 4.06 |
| 2003-06-30 | 3.58 |
| 2003-03-31 | 3.15 |
| 2002-12-31 | 3.81 |
| 2002-09-30 | 3.92 |
