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 0.96 is in line with its 5-year average of 0.92, around the middle of its 5-year range (0.80–1.10).
As of the fiscal period ended Sunday, July 5, 2026. 5.78% above its 12-month average of 0.90.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.96
QUICK RATIO (ACID-TEST) AVG TTM
0.90
QUICK RATIO (ACID-TEST) AVG 3Y
0.86
QUICK RATIO (ACID-TEST) AVG 5Y
0.92
QUICK RATIO (ACID-TEST) AVG 10Y
0.90
QUICK RATIO (ACID-TEST) AVG 15Y
0.85
QUICK RATIO (ACID-TEST) AVG 20Y
0.86
CURRENT VS TTM AVG
+5.78%
CURRENT VS 3Y AVG
+10.62%
CURRENT VS 5Y AVG
+4.31%
CURRENT VS 10Y AVG
+5.88%
CURRENT VS 15Y AVG
+12.74%
CURRENT VS 20Y AVG
+11.51%
SECTOR MEDIAN · INDUSTRIALS
1.17
median of 132 covered companies
CURRENT VS SECTOR MEDIAN
-18.28%
vs the sector median at left
General Dynamics Corporation
Market Cap
$103.74B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.90
3Y Avg
0.86
5Y Avg
0.92
Market Cap
$100.14B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.18
3Y Avg
1.34
5Y Avg
1.42
Market Cap
$100.10B
Quick Ratio (Acid-Test)
0.92
TTM Avg
0.90
3Y Avg
0.84
5Y Avg
0.95
Market Cap
$112.93B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.04
3Y Avg
1.00
5Y Avg
1.06
Market Cap
$93.00B
Quick Ratio (Acid-Test)
1.22
TTM Avg
1.23
3Y Avg
1.26
5Y Avg
1.23
Market Cap
$90.56B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.79
3Y Avg
0.80
5Y Avg
0.81
Market Cap
$88.54B
Quick Ratio (Acid-Test)
1.22
TTM Avg
1.17
3Y Avg
1.14
5Y Avg
1.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| General Dynamics Corporation (GD) | $103.74B | 0.96 | 0.90 | 0.86 | 0.92 |
| Quanta Services, Inc. (PWR)vs › | $100.14B | 1.09 | 1.18 | 1.34 | 1.42 |
| Trane Technologies plc (TT)vs › | $100.10B | 0.92 | 0.90 | 0.84 | 0.95 |
| Howmet Aerospace Inc. (HWM)vs › | $112.93B | 1.09 | 1.04 | 1.00 | 1.06 |
| CSX Corporation (CSX)vs › | $93.36B | 0.69 | 0.71 | 0.94 | 1.23 |
| Vertiv Holdings Co (VRT)vs › | $93.00B | 1.22 | 1.23 | 1.26 | 1.23 |
| 3M Company (MMM)vs › | $90.91B | 1.33 | 1.21 | 1.05 | 1.12 |
| Waste Management, Inc. (WM)vs › | $90.56B | 0.85 | 0.79 | 0.80 | 0.81 |
| United Parcel Service, Inc. (UPS)vs › | $88.54B | 1.22 | 1.17 | 1.14 | 1.18 |
| Cummins Inc. (CMI)vs › | $87.51B | 1.16 | 0.98 | 0.87 | 0.99 |
Quick Ratio
0.96
Excludes inventory
Current Ratio
1.44
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) |
|---|---|
| 2026-07-05 | 0.96 |
| 2026-04-05 | 0.90 |
| 2025-12-31 | 0.89 |
| 2025-09-28 | 0.87 |
| 2025-06-29 | 0.83 |
| 2025-03-30 | 0.82 |
| 2024-12-31 | 0.82 |
| 2024-09-29 | 0.80 |
| 2024-06-30 | 0.80 |
| 2024-03-31 | 0.87 |
| 2023-12-31 | 0.92 |
| 2023-10-01 | 0.91 |
| 2023-07-02 | 0.90 |
| 2023-04-02 | 0.94 |
| 2022-12-31 | 0.96 |
| 2022-10-02 | 0.94 |
| 2022-07-03 | 0.98 |
| 2022-04-03 | 1.09 |
| 2021-12-31 | 1.05 |
| 2021-10-03 | 1.10 |
| 2021-07-04 | 1.05 |
| 2021-04-04 | 0.97 |
| 2020-12-31 | 0.99 |
| 2020-09-27 | 0.90 |
| 2020-06-28 | 0.87 |
| 2020-03-29 | 0.97 |
| 2019-12-31 | 0.83 |
| 2019-09-29 | 0.74 |
| 2019-06-30 | 0.73 |
| 2019-03-31 | 0.82 |
| 2018-12-31 | 0.83 |
| 2018-09-30 | 0.87 |
| 2018-07-01 | 0.84 |
| 2018-04-01 | 0.98 |
| 2017-12-31 | 0.99 |
| 2017-10-01 | 0.93 |
| 2017-07-02 | 0.84 |
| 2017-04-02 | 0.82 |
| 2016-12-31 | 0.52 |
| 2016-10-02 | 0.54 |
| 2016-07-03 | 0.48 |
| 2016-04-03 | 0.48 |
| 2015-12-31 | 0.55 |
| 2015-10-04 | 0.59 |
| 2015-07-05 | 0.64 |
| 2015-04-05 | 0.65 |
| 2014-12-31 | 0.70 |
| 2014-09-28 | 0.72 |
| 2014-06-29 | 0.69 |
| 2014-03-30 | 0.72 |
| 2013-12-31 | 0.83 |
| 2013-09-29 | 0.75 |
| 2013-06-30 | 0.72 |
| 2013-03-31 | 0.71 |
| 2012-12-31 | 0.69 |
| 2012-09-30 | 1.06 |
| 2012-07-01 | 1.06 |
| 2012-04-01 | 1.19 |
| 2011-12-31 | 1.17 |
| 2011-10-02 | 1.10 |
| 2011-07-03 | 1.07 |
| 2011-04-03 | 1.08 |
| 2010-12-31 | 1.08 |
| 2010-10-03 | 0.62 |
| 2010-07-04 | 0.64 |
| 2010-04-04 | 0.67 |
| 2009-12-31 | 0.64 |
| 2009-10-04 | 0.57 |
| 2009-07-05 | 0.62 |
| 2009-04-05 | 0.55 |
| 2008-12-31 | 0.96 |
| 2008-09-28 | 1.23 |
| 2008-06-29 | 1.24 |
| 2008-03-30 | 1.16 |
| 2007-12-31 | 0.69 |
| 2007-09-30 | 1.12 |
| 2007-07-01 | 1.10 |
| 2007-04-01 | 1.09 |
| 2006-12-31 | 0.56 |
| 2006-10-01 | 1.01 |
| 2006-07-02 | 0.96 |
| 2006-04-02 | 1.14 |
| 2005-12-31 | 0.69 |
| 2005-10-02 | 1.11 |
| 2005-07-03 | 1.12 |
| 2005-04-03 | 1.17 |
| 2004-12-31 | 0.59 |
| 2004-10-03 | 1.00 |
| 2004-07-04 | 1.03 |
| 2004-04-04 | 0.96 |
| 2003-12-31 | 0.48 |
| 2003-09-28 | 0.91 |
| 2003-06-29 | 1.05 |
| 2003-03-30 | 0.69 |
| 2002-12-31 | 0.39 |
| 2002-09-29 | 0.79 |