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 0.93 is in line with its 5-year average of 0.95, around the middle of its 5-year range (0.88–1.02).
As of the fiscal period ended Tuesday, June 30, 2026. 3.40% below its 12-month average of 0.96.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.93
QUICK RATIO (ACID-TEST) AVG TTM
0.96
QUICK RATIO (ACID-TEST) AVG 3Y
0.96
QUICK RATIO (ACID-TEST) AVG 5Y
0.95
QUICK RATIO (ACID-TEST) AVG 10Y
0.98
QUICK RATIO (ACID-TEST) AVG 15Y
0.97
QUICK RATIO (ACID-TEST) AVG 20Y
0.96
CURRENT VS TTM AVG
-3.40%
CURRENT VS 3Y AVG
-3.33%
CURRENT VS 5Y AVG
-2.21%
CURRENT VS 10Y AVG
-5.03%
CURRENT VS 15Y AVG
-4.00%
CURRENT VS 20Y AVG
-3.57%
SECTOR MEDIAN · INDUSTRIALS
1.13
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-17.40%
vs the sector median at left
Market Cap
$45.74B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.82
3Y Avg
0.78
5Y Avg
0.92
Market Cap
$46.95B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$48.18B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$48.34B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$48.50B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
Market Cap
$41.76B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.60
3Y Avg
0.64
5Y Avg
0.78
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferguson plc (FERG) | $45.24B | 0.93 | 0.96 | 0.96 | 0.95 |
| Paychex, Inc. (PAYX)vs › | $44.99B | N/A | 1.27 | 1.30 | 1.28 |
| Thomson Reuters Corporation (TRI)vs › | $45.74B | N/A | 0.82 | 0.78 | 0.92 |
| HEICO Corporation (HEI)vs › | $46.95B | 1.27 | 1.31 | 1.31 | 1.62 |
| Ferrovial SE (FER)vs › | $42.63B | 1.09 | 1.09 | 1.15 | 1.22 |
| Rockwell Automation, Inc. (ROK)vs › | $48.18B | 0.74 | 0.74 | 0.81 | 0.86 |
| HEICO Corporation (HEI-A)vs › | $48.34B | 1.27 | 1.31 | 1.31 | 1.62 |
| Carrier Global Corporation (CARR)vs › | $48.50B | 0.72 | 0.91 | 1.39 | 1.39 |
| Waste Connections, Inc. (WCN)vs › | $41.76B | N/A | 0.60 | 0.64 | 0.78 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.78B | 1.03 | 0.96 | 0.91 | 0.97 |
Quick Ratio
0.93
Excludes inventory
Current Ratio
1.73
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 | 0.93 |
| 2026-03-31 | 0.96 |
| 2025-12-31 | 0.97 |
| 2025-10-31 | 1.01 |
| 2025-07-31 | 0.94 |
| 2025-04-30 | 0.88 |
| 2025-01-31 | 0.98 |
| 2024-10-31 | 0.91 |
| 2024-07-31 | 1.00 |
| 2024-04-30 | 0.94 |
| 2024-01-31 | 0.97 |
| 2023-10-31 | 0.97 |
| 2023-07-31 | 0.95 |
| 2023-04-30 | 0.94 |
| 2023-01-31 | 0.94 |
| 2022-10-31 | 1.01 |
| 2022-07-31 | 0.90 |
| 2022-04-30 | 0.88 |
| 2022-01-31 | 0.91 |
| 2021-10-31 | 0.94 |
| 2021-07-31 | 1.02 |
| 2021-04-30 | 0.00 |
| 2021-01-31 | 1.10 |
| 2020-10-31 | 0.00 |
| 2020-07-31 | 1.09 |
| 2020-04-30 | 1.09 |
| 2020-01-31 | 0.86 |
| 2019-10-31 | 0.86 |
| 2019-07-31 | 1.05 |
| 2019-04-30 | 1.05 |
| 2019-01-31 | 1.03 |
| 2018-10-31 | 1.03 |
| 2018-07-31 | 1.02 |
| 2018-04-30 | 1.02 |
| 2018-01-31 | 1.09 |
| 2017-10-31 | 1.09 |
| 2017-07-31 | 1.09 |
| 2017-04-30 | 1.08 |
| 2017-01-31 | 0.87 |
| 2016-10-31 | 0.87 |
| 2016-07-31 | 0.91 |
| 2016-04-30 | 0.91 |
| 2016-01-31 | 1.00 |
| 2015-10-31 | 1.00 |
| 2015-07-31 | 0.91 |
| 2015-04-30 | 0.91 |
| 2015-01-31 | 0.95 |
| 2014-10-31 | 0.95 |
| 2014-07-31 | 0.87 |
| 2014-04-30 | 0.87 |
| 2014-01-31 | 0.87 |
| 2013-10-31 | 0.87 |
| 2013-07-31 | 0.89 |
| 2013-04-30 | 0.89 |
| 2013-01-31 | 1.00 |
| 2012-10-31 | 1.00 |
| 2012-07-31 | 1.08 |
| 2011-07-31 | 1.10 |
| 2011-01-31 | 0.97 |
| 2010-07-31 | 0.82 |
| 2010-01-31 | 0.81 |
| 2009-07-31 | 0.98 |
| 2009-01-31 | 0.94 |
| 2008-07-31 | 0.90 |
| 2008-01-31 | 0.91 |
| 2007-07-31 | 0.88 |
| 2007-01-31 | 1.06 |
| 2006-07-31 | 1.14 |
| 2006-01-31 | 1.01 |
| 2005-07-31 | 1.03 |
| 2005-01-31 | 0.97 |
| 2004-07-31 | 1.01 |
| 2004-01-31 | 0.69 |
| 2003-07-31 | 1.03 |
| 2003-01-31 | 0.82 |
| 2002-07-31 | 1.05 |
| 2002-01-31 | 0.80 |
| 2001-10-31 | 0.00 |
| 2001-07-31 | 1.06 |
| 2001-03-31 | 0.00 |
| 2001-01-31 | 0.80 |
| 2000-07-31 | 1.01 |
| 2000-01-31 | 0.78 |
