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 1.09 is in line with its 5-year average of 1.11, around the middle of its 5-year range (0.86–1.44).
As of the fiscal period ended Tuesday, June 30, 2026. 6.29% above its 12-month average of 1.03.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.09
QUICK RATIO (ACID-TEST) AVG TTM
1.03
QUICK RATIO (ACID-TEST) AVG 3Y
1.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.11
QUICK RATIO (ACID-TEST) AVG 10Y
1.20
QUICK RATIO (ACID-TEST) AVG 15Y
1.13
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+6.29%
CURRENT VS 3Y AVG
+4.01%
CURRENT VS 5Y AVG
-1.11%
CURRENT VS 10Y AVG
-8.78%
CURRENT VS 15Y AVG
-3.41%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.09
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
+0.28%
vs the sector median at left
Market Cap
$41.82B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.60
3Y Avg
0.64
5Y Avg
0.78
Market Cap
$41.31B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.39
3Y Avg
1.66
5Y Avg
2.16
Market Cap
$46.37B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.82
3Y Avg
0.78
5Y Avg
0.92
Market Cap
$46.89B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$37.27B
Quick Ratio (Acid-Test)
4.98
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
3.23
Market Cap
$47.94B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferrovial SE (FER) | $42.60B | 1.09 | 1.03 | 1.05 | 1.11 |
| Waste Connections, Inc. (WCN)vs › | $41.82B | N/A | 0.60 | 0.64 | 0.78 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $41.31B | N/A | 1.39 | 1.66 | 2.16 |
| Ferguson plc (FERG)vs › | $44.31B | 0.93 | 0.94 | 0.95 | 0.96 |
| Paychex, Inc. (PAYX)vs › | $45.19B | N/A | 1.27 | 1.30 | 1.28 |
| Thomson Reuters Corporation (TRI)vs › | $46.37B | N/A | 0.82 | 0.78 | 0.92 |
| HEICO Corporation (HEI)vs › | $46.89B | 1.27 | 1.31 | 1.31 | 1.62 |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.27B | 4.98 | 2.65 | 2.61 | 3.23 |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 0.74 | 0.74 | 0.81 | 0.86 |
| HEICO Corporation (HEI-A)vs › | $48.16B | 1.27 | 1.31 | 1.31 | 1.62 |
Quick Ratio
1.09
Excludes inventory
Current Ratio
1.20
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 | 1.09 |
| 2026-03-31 | 1.09 |
| 2025-12-31 | 1.05 |
| 2025-09-30 | 1.05 |
| 2025-06-30 | 0.86 |
| 2024-12-31 | 1.14 |
| 2024-06-30 | 0.86 |
| 2023-12-31 | 1.13 |
| 2023-06-30 | 1.18 |
| 2022-12-31 | 1.29 |
| 2022-06-30 | 1.19 |
| 2021-12-31 | 1.32 |
| 2021-06-30 | 1.44 |
| 2020-12-31 | 1.37 |
| 2020-06-30 | 1.44 |
| 2019-12-31 | 1.28 |
| 2019-06-30 | 1.29 |
| 2018-12-31 | 1.39 |
| 2018-06-30 | 1.22 |
| 2017-12-31 | 1.27 |
| 2017-06-30 | 1.33 |
| 2016-12-31 | 1.30 |
| 2016-06-30 | 0.95 |
| 2015-12-31 | 0.97 |
| 2015-06-30 | 1.07 |
| 2014-12-31 | 1.05 |
| 2014-06-30 | 1.05 |
| 2013-12-31 | 1.07 |
| 2013-06-30 | 0.97 |
| 2012-12-31 | 1.04 |
| 2012-06-30 | 0.92 |
| 2011-12-31 | 0.90 |
| 2011-06-30 | 0.75 |
| 2010-12-31 | 0.84 |
| 2010-06-30 | 0.61 |
| 2009-12-31 | 0.00 |
| 2009-06-30 | 0.00 |