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 1.10 is 17% above its 5-year average of 0.94, near the high end of its 5-year range (0.62–1.20).
As of the fiscal period ended Tuesday, June 30, 2026. 3.41% above its 12-month average of 1.06.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.10.
QUICK RATIO (ACID-TEST)
1.10
QUICK RATIO (ACID-TEST) AVG TTM
1.06
QUICK RATIO (ACID-TEST) AVG 3Y
1.13
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
1.05
QUICK RATIO (ACID-TEST) AVG 15Y
1.30
QUICK RATIO (ACID-TEST) AVG 20Y
1.40
CURRENT VS TTM AVG
+3.41%
CURRENT VS 3Y AVG
-3.01%
CURRENT VS 5Y AVG
+16.80%
CURRENT VS 10Y AVG
+4.27%
CURRENT VS 15Y AVG
-16.02%
CURRENT VS 20Y AVG
-21.59%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-20.07%
vs the sector median at left
Franklin Electric Co., Inc.
Market Cap
$4.38B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.06
3Y Avg
1.13
5Y Avg
0.94
Market Cap
$4.39B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.17
3Y Avg
1.25
5Y Avg
1.33
Market Cap
$4.42B
Quick Ratio (Acid-Test)
3.40
TTM Avg
2.42
3Y Avg
2.14
5Y Avg
2.14
Market Cap
$4.56B
Quick Ratio (Acid-Test)
2.61
TTM Avg
1.84
3Y Avg
1.78
5Y Avg
2.25
Market Cap
$4.58B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.32
3Y Avg
1.43
5Y Avg
1.55
Market Cap
$4.60B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.25
3Y Avg
1.34
5Y Avg
1.40
Market Cap
$4.70B
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.25
3Y Avg
1.05
5Y Avg
0.95
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Franklin Electric Co., Inc. (FELE) | $4.38B | 1.10 | 1.06 | 1.13 | 0.94 |
| CECO Environmental Corp. (CECO)vs › | $4.39B | 1.18 | 1.17 | 1.25 | 1.33 |
| KBR, Inc. (KBR)vs › | $4.35B | 1.15 | 1.14 | 1.11 | 1.09 |
| Karman Holdings Inc. (KRMN)vs › | $4.42B | 3.40 | 2.42 | 2.14 | 2.14 |
| UniFirst Corporation (UNF)vs › | $4.56B | 2.61 | 1.84 | 1.78 | 2.25 |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 1.52 | 1.32 | 1.43 | 1.55 |
| Primoris Services Corporation (PRIM)vs › | $4.60B | 1.18 | 1.25 | 1.34 | 1.40 |
| VSE Corporation (VSEC)vs › | $4.70B | 1.30 | 1.25 | 1.05 | 0.95 |
| TORM plc (TRMD)vs › | $4.00B | 1.97 | 1.54 | 2.17 | 1.80 |
| EquipmentShare.com Inc. (EQPT)vs › | $4.76B | 1.91 | 1.57 | 1.49 | 1.49 |
Quick Ratio
1.10
Excludes inventory
Current Ratio
2.41
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 | 1.10 |
| 2026-03-31 | 1.14 |
| 2025-12-31 | 1.18 |
| 2025-09-30 | 1.12 |
| 2025-06-30 | 0.77 |
| 2025-03-31 | 0.82 |
| 2024-12-31 | 1.11 |
| 2024-09-30 | 1.06 |
| 2024-06-30 | 1.14 |
| 2024-03-31 | 1.17 |
| 2023-12-31 | 1.20 |
| 2023-09-30 | 1.09 |
| 2023-06-30 | 0.91 |
| 2023-03-31 | 0.75 |
| 2022-12-31 | 0.77 |
| 2022-09-30 | 0.71 |
| 2022-06-30 | 0.64 |
| 2022-03-31 | 0.62 |
| 2021-12-31 | 0.69 |
| 2021-09-30 | 0.83 |
| 2021-06-30 | 0.88 |
| 2021-03-31 | 1.62 |
| 2020-12-31 | 1.56 |
| 2020-09-30 | 1.67 |
| 2020-06-30 | 1.44 |
| 2020-03-31 | 1.22 |
| 2019-12-31 | 1.44 |
| 2019-09-30 | 1.10 |
| 2019-06-30 | 0.98 |
| 2019-03-31 | 0.95 |
| 2018-12-31 | 1.04 |
| 2018-09-30 | 1.00 |
| 2018-06-30 | 1.00 |
| 2018-03-31 | 1.03 |
| 2017-12-31 | 1.13 |
| 2017-09-30 | 1.13 |
| 2017-06-30 | 1.01 |
| 2017-03-31 | 1.73 |
| 2016-12-31 | 1.78 |
| 2016-10-01 | 1.66 |
| 2016-07-02 | 1.51 |
| 2016-04-02 | 1.63 |
| 2015-12-31 | 1.68 |
| 2015-10-03 | 1.51 |
| 2015-07-04 | 1.68 |
| 2015-04-04 | 1.26 |
| 2014-12-31 | 1.24 |
| 2014-09-27 | 1.16 |
| 2014-06-28 | 1.44 |
| 2014-03-29 | 1.76 |
| 2013-12-31 | 2.03 |
| 2013-09-28 | 2.00 |
| 2013-06-29 | 1.84 |
| 2013-03-30 | 1.84 |
| 2012-12-31 | 1.63 |
| 2012-09-29 | 1.73 |
| 2012-06-30 | 1.77 |
| 2012-03-31 | 1.76 |
| 2011-12-31 | 2.09 |
| 2011-10-01 | 1.99 |
| 2011-07-02 | 1.82 |
| 2011-04-02 | 2.17 |
| 2010-12-31 | 2.24 |
| 2010-10-02 | 1.86 |
| 2010-07-03 | 1.96 |
| 2010-04-03 | 1.94 |
| 2009-12-31 | 2.13 |
| 2009-10-03 | 2.06 |
| 2009-07-04 | 1.66 |
| 2009-04-04 | 1.19 |
| 2008-12-31 | 1.82 |
| 2008-09-27 | 1.38 |
| 2008-06-30 | 1.08 |
| 2008-03-29 | 1.12 |
| 2007-12-31 | 1.69 |
| 2007-09-29 | 1.76 |
| 2007-06-30 | 2.03 |
| 2007-03-31 | 1.89 |
| 2006-12-31 | 1.13 |
| 2006-09-30 | 1.12 |
| 2006-07-01 | 1.36 |
| 2006-04-01 | 2.35 |
| 2005-12-31 | 2.07 |
| 2005-10-01 | 2.14 |
| 2005-07-02 | 1.79 |
| 2005-04-02 | 1.86 |
| 2004-12-31 | 1.90 |
| 2004-10-02 | 1.64 |
| 2004-07-03 | 1.42 |
| 2004-04-03 | 1.34 |
| 2003-12-31 | 1.62 |
| 2003-09-27 | 1.26 |
| 2003-06-28 | 1.24 |
| 2003-03-29 | 0.97 |
| 2002-12-31 | 1.29 |
| 2002-09-28 | 1.10 |