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 0.67 is 18% below its 5-year average of 0.83, near the low end of its 5-year range (0.67–1.51).
As of the fiscal period ended Tuesday, June 30, 2026. 5.60% below its 12-month average of 0.71.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.67
QUICK RATIO (ACID-TEST) AVG TTM
0.71
QUICK RATIO (ACID-TEST) AVG 3Y
0.78
QUICK RATIO (ACID-TEST) AVG 5Y
0.83
QUICK RATIO (ACID-TEST) AVG 10Y
0.93
QUICK RATIO (ACID-TEST) AVG 15Y
1.03
QUICK RATIO (ACID-TEST) AVG 20Y
1.38
CURRENT VS TTM AVG
-5.60%
CURRENT VS 3Y AVG
-13.93%
CURRENT VS 5Y AVG
-18.35%
CURRENT VS 10Y AVG
-27.33%
CURRENT VS 15Y AVG
-34.33%
CURRENT VS 20Y AVG
-51.08%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-41.12%
vs the sector median at left
Market Cap
$378.86B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.92
3Y Avg
0.89
5Y Avg
0.94
Market Cap
$194.71B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.93
3Y Avg
0.87
5Y Avg
0.91
Market Cap
$171.36B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.69
3Y Avg
0.66
5Y Avg
0.67
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Aerospace (GE) | $347.49B | 0.67 | 0.71 | 0.78 | 0.83 |
| Caterpillar Inc. (CAT)vs › | $378.86B | 0.85 | 0.92 | 0.89 | 0.94 |
| RTX Corporation (RTX)vs › | $267.95B | 0.78 | 0.77 | 0.78 | 0.83 |
| GE Vernova Inc. (GEV)vs › | $258.69B | 0.64 | 0.78 | 0.75 | 0.75 |
| Siemens AG (SIEGY)vs › | $241.51B | 1.18 | 1.15 | 1.13 | 1.16 |
| Schneider Electric S.E. (SBGSY)vs › | $194.71B | 0.81 | 0.93 | 0.87 | 0.91 |
| Deere & Company (DE)vs › | $183.75B | 0.55 | 2.08 | 1.92 | 1.90 |
| ABB Ltd (ABBNY)vs › | $180.73B | 1.08 | 1.13 | 0.98 | 0.96 |
| Union Pacific Corporation (UNP)vs › | $171.36B | 0.82 | 0.69 | 0.66 | 0.67 |
| The Boeing Company (BA)vs › | $166.55B | 0.33 | 0.41 | 0.37 | 0.38 |
Quick Ratio
0.67
Excludes inventory
Current Ratio
0.98
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 | 0.67 |
| 2026-03-31 | 0.70 |
| 2025-12-31 | 0.74 |
| 2025-09-30 | 0.73 |
| 2025-06-30 | 0.73 |
| 2025-03-31 | 0.77 |
| 2024-12-31 | 0.81 |
| 2024-09-30 | 0.85 |
| 2024-06-30 | 0.85 |
| 2024-03-31 | 0.82 |
| 2023-12-31 | 1.07 |
| 2023-09-30 | 0.82 |
| 2023-06-30 | 0.90 |
| 2023-03-31 | 0.92 |
| 2022-12-31 | 0.88 |
| 2022-09-30 | 0.78 |
| 2022-06-30 | 0.80 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 0.97 |
| 2021-09-30 | 1.50 |
| 2021-06-30 | 1.51 |
| 2021-03-31 | 1.68 |
| 2020-12-31 | 1.26 |
| 2020-09-30 | 1.20 |
| 2020-06-30 | 1.16 |
| 2020-03-31 | 1.08 |
| 2019-12-31 | 1.09 |
| 2019-09-30 | 0.85 |
| 2019-06-30 | 0.88 |
| 2019-03-31 | 0.95 |
| 2018-12-31 | 1.00 |
| 2018-09-30 | 0.87 |
| 2018-06-30 | 0.95 |
| 2018-03-31 | 0.97 |
| 2017-12-31 | 1.07 |
| 2017-09-30 | 1.05 |
| 2017-06-30 | 1.06 |
| 2017-03-31 | 1.04 |
| 2016-12-31 | 1.11 |
| 2016-09-30 | 1.16 |
| 2016-06-30 | 0.82 |
| 2016-03-31 | 0.80 |
| 2015-12-31 | 1.11 |
| 2015-09-30 | 170.71 |
| 2015-06-30 | 2.99 |
| 2015-03-31 | 3.36 |
| 2014-12-31 | 33.22 |
| 2014-09-30 | 230.53 |
| 2014-06-30 | 1297.00 |
| 2014-05-09 | 300.54 |
| 2013-12-31 | 2.13 |
| 2013-09-30 | 2.15 |
| 2013-06-30 | 2.25 |
| 2013-03-31 | 4.20 |
| 2012-12-31 | 2027.00 |
| 2012-09-30 | 0.73 |
| 2012-06-30 | 0.89 |
| 2012-03-31 | 0.72 |
| 2011-12-31 | 3.74 |
| 2011-09-30 | 0.89 |
| 2011-06-30 | 0.74 |
| 2011-03-31 | 0.90 |
| 2010-12-31 | 2.49 |
| 2010-09-30 | 0.94 |
| 2010-06-30 | 0.74 |
| 2010-03-31 | 2.90 |
| 2009-12-31 | 2.41 |
| 2009-09-30 | 2.65 |
| 2009-06-30 | 2.42 |
| 2009-03-31 | 2.34 |
| 2008-12-31 | 1.80 |
| 2008-09-30 | 2.13 |
| 2008-06-30 | 2.28 |
| 2008-03-31 | 2.00 |
| 2007-12-31 | 1.94 |
| 2007-09-30 | 2.00 |
| 2007-06-30 | 1.91 |
| 2007-03-31 | 1.94 |
| 2006-12-31 | 1.94 |
| 2006-09-30 | 1.89 |
| 2006-06-30 | 1.92 |
| 2006-03-31 | 1.86 |
| 2005-12-31 | 1.85 |
| 2005-09-30 | 2.18 |
| 2005-06-30 | 2.46 |
| 2005-03-31 | 2.36 |
| 2004-12-31 | 2.35 |
| 2004-09-30 | 2.20 |
| 2004-06-30 | 2.11 |
| 2004-03-31 | 2.27 |
| 2003-12-31 | 2.30 |
| 2003-09-30 | 2.30 |
| 2003-06-30 | 2.14 |
| 2003-03-31 | 2.22 |
| 2002-12-31 | 2.09 |
| 2002-09-30 | 2.09 |