Quick Ratio (Acid-Test): 1.36
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 1.36 is 15% below its 5-year average of 1.60, near the low end of its 5-year range (1.27–2.73).
As of the fiscal period ended Thursday, April 30, 2026. 4.65% below its 12-month average of 1.42.
HEI-A Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
HEI-A Average Quick Ratio (Acid-Test) Chart
HEI-A Current vs Average Quick Ratio (Acid-Test) Chart
HEI-A Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.36
QUICK RATIO (ACID-TEST) AVG TTM
1.42
QUICK RATIO (ACID-TEST) AVG 3Y
1.41
QUICK RATIO (ACID-TEST) AVG 5Y
1.46
QUICK RATIO (ACID-TEST) AVG 10Y
1.43
QUICK RATIO (ACID-TEST) AVG 15Y
1.46
QUICK RATIO (ACID-TEST) AVG 20Y
1.48
CURRENT VS TTM AVG
-4.65%
CURRENT VS 3Y AVG
-4.07%
CURRENT VS 5Y AVG
-6.82%
CURRENT VS 10Y AVG
-5.42%
CURRENT VS 15Y AVG
-6.89%
CURRENT VS 20Y AVG
-8.54%
HEI-A Competitors' Quick Ratio (Acid-Test)
HEICO Corporation
Market Cap
$50.12B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.42
3Y Avg
1.41
5Y Avg
1.46
Market Cap
$48.12B
Quick Ratio (Acid-Test)
2.29
TTM Avg
1.75
3Y Avg
2.24
5Y Avg
2.47
Market Cap
$52.49B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$45.26B
Quick Ratio (Acid-Test)
1.44
TTM Avg
1.39
3Y Avg
1.66
5Y Avg
2.16
Market Cap
$44.49B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
Market Cap
$55.79B
Quick Ratio (Acid-Test)
2.41
TTM Avg
2.34
3Y Avg
2.19
5Y Avg
2.10
Market Cap
$56.27B
Quick Ratio (Acid-Test)
1.02
TTM Avg
0.96
3Y Avg
0.91
5Y Avg
0.97
Market Cap
$43.27B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.67
3Y Avg
0.76
5Y Avg
0.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HEICO Corporation (HEI-A) | $50.12B | 1.36 | 1.42 | 1.41 | 1.46 |
| Axon Enterprise, Inc. (AXON)vs › | $48.12B | 2.29 | 1.75 | 2.24 | 2.47 |
| Rockwell Automation, Inc. (ROK)vs › | $52.49B | 0.77 | 0.74 | 0.81 | 0.86 |
| AMETEK, Inc. (AME)vs › | $53.78B | 0.67 | 0.71 | 0.74 | 0.94 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $45.26B | 1.44 | 1.39 | 1.66 | 2.16 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $44.49B | 0.57 | 0.63 | 0.64 | 0.66 |
| Fastenal Company (FAST)vs › | $55.79B | 2.41 | 2.34 | 2.19 | 2.10 |
| L3Harris Technologies, Inc. (LHX)vs › | $56.27B | 1.02 | 0.96 | 0.91 | 0.97 |
| United Airlines Holdings, Inc. (UAL)vs › | $43.27B | 0.59 | 0.67 | 0.76 | 0.88 |
| Rocket Lab USA, Inc. (RKLB)vs › | $58.15B | 3.61 | 2.65 | 2.61 | 3.23 |
Liquidity Comparison
Quick Ratio
1.36
Excludes inventory
Current Ratio
2.83
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The quick ratio (acid-test) for HEI-A stock is 1.36.
- Is HEICO Corporation's quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 1.36 is 15% below its 5-year average of 1.60, near the low end of its 5-year range (1.27–2.73).
- What is the TTM average quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The TTM average quick ratio (acid-test) for HEI-A stock is 1.42.
- What is the 3Y average quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The 3Y average quick ratio (acid-test) for HEI-A stock is 1.41.
- What is the 5Y average quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The 5Y average quick ratio (acid-test) for HEI-A stock is 1.46.
- What is the 10Y average quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The 10Y average quick ratio (acid-test) for HEI-A stock is 1.43.
- What is the 15Y average quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The 15Y average quick ratio (acid-test) for HEI-A stock is 1.46.
- What is the 20Y average quick ratio (acid-test) for HEICO Corporation (HEI-A)?
- The 20Y average quick ratio (acid-test) for HEI-A stock is 1.48.
HEI-A Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-04-30 | 1.36 |
| 2026-01-31 | 1.41 |
| 2025-10-31 | 1.28 |
| 2025-07-31 | 1.51 |
| 2025-04-30 | 1.56 |
| 2025-01-31 | 1.43 |
| 2024-10-31 | 1.34 |
| 2024-07-31 | 1.47 |
| 2024-04-30 | 1.57 |
| 2024-01-31 | 1.40 |
| 2023-10-31 | 1.27 |
| 2023-07-31 | 2.50 |
| 2023-04-30 | 1.38 |
| 2023-01-31 | 1.37 |
| 2022-10-31 | 1.35 |
| 2022-07-31 | 1.55 |
| 2022-04-30 | 1.69 |
| 2022-01-31 | 1.72 |
| 2021-10-31 | 1.56 |
| 2021-07-31 | 2.19 |
| 2021-04-30 | 2.73 |
| 2021-01-31 | 2.92 |
| 2020-10-31 | 2.91 |
| 2020-07-31 | 2.91 |
| 2020-04-30 | 2.60 |
| 2020-01-31 | 1.57 |
| 2019-10-31 | 1.36 |
| 2019-07-31 | 1.44 |
| 2019-04-30 | 1.56 |
| 2019-01-31 | 1.66 |
| 2018-10-31 | 1.18 |
| 2018-07-31 | 1.32 |
| 2018-04-30 | 1.36 |
| 2018-01-31 | 1.29 |
| 2017-10-31 | 1.16 |
| 2017-07-31 | 1.39 |
| 2017-04-30 | 1.43 |
| 2017-01-31 | 1.39 |
| 2016-10-31 | 1.39 |
| 2016-07-31 | 1.43 |
| 2016-04-30 | 1.63 |
| 2016-01-31 | 1.61 |
| 2015-10-31 | 1.54 |
| 2015-07-31 | 1.54 |
| 2015-04-30 | 1.57 |
| 2015-01-31 | 1.48 |
| 2014-10-31 | 1.40 |
| 2014-07-31 | 1.56 |
| 2014-04-30 | 1.74 |
| 2014-01-31 | 1.46 |
| 2013-10-31 | 1.38 |
| 2013-07-31 | 1.35 |
| 2013-04-30 | 1.53 |
| 2013-01-31 | 1.60 |
| 2012-10-31 | 1.36 |
| 2012-07-31 | 1.42 |
| 2012-04-30 | 1.35 |
| 2012-01-31 | 1.65 |
| 2011-10-31 | 1.23 |
| 2011-07-31 | 1.64 |
| 2011-04-30 | 1.49 |
| 2011-01-31 | 1.61 |
| 2010-10-31 | 1.48 |
| 2010-07-31 | 1.75 |
| 2010-04-30 | 1.72 |
| 2010-01-31 | 1.59 |
| 2009-10-31 | 1.62 |
| 2009-07-31 | 1.75 |
| 2009-04-30 | 1.64 |
| 2009-01-31 | 1.68 |
| 2008-10-31 | 1.46 |
| 2008-07-31 | 1.44 |
| 2008-04-30 | 1.47 |
| 2008-01-31 | 1.67 |
| 2007-10-31 | 1.17 |
| 2007-07-31 | 1.43 |
| 2007-04-30 | 1.46 |
| 2007-01-31 | 1.72 |
| 2006-10-31 | 1.26 |
| 2006-07-31 | 1.54 |
| 2006-04-30 | 1.65 |
| 2006-01-31 | 1.42 |
| 2005-10-31 | 1.27 |
| 2005-07-31 | 1.52 |
| 2005-04-30 | 1.60 |
| 2005-01-31 | 1.88 |
| 2004-10-31 | 1.43 |
| 2004-07-31 | 1.95 |
| 2004-04-30 | 1.90 |
| 2004-01-31 | 2.26 |
| 2003-10-31 | 1.91 |
| 2003-07-31 | 2.05 |
| 2003-04-30 | 2.07 |
| 2003-01-31 | 1.27 |
| 2002-10-31 | 1.50 |
| 2002-07-31 | 2.02 |
Related Metrics
About HEICO Corporation
HEICO Corporation operates as a diversified enterprise, involved in the design, manufacturing, and global distribution of specialized products and services primarily for the aerospace, defense, and electronics sectors. Its activities span both domestic and international markets. The company's Flight Support Group division delivers a range of essential components and services. This encompasses producing replacement parts for jet engines and aircraft, as well as fabricating thermal insulation blankets, advanced renewable insulation systems, and various specialty components. The segment also functions as a distributor for critical hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical parts, serving commercial, regional, and general aviation clients. A significant aspect of its operations involves extensive repair and overhaul services for jet engine and aircraft components, avionics, instruments, composites, and flight surfaces on commercial aircraft, alongside maintaining avionics, navigation systems, and other vital instruments utilized in military aircraft. Within its Electronic Technologies Group segment, HEICO develops and supplies advanced technological products. This broad portfolio features electro-optical infrared simulation and testing equipment, electro-optical laser products, and diverse power equipment, including microwave solutions. The segment additionally produces electromagnetic and radio frequency interference (RFI) shielding and suppression filters, high-speed interface products, high voltage interconnection devices, sophisticated advanced power electronics, and power conversion units. Essential safety devices such as underwater and emergency locator transmission beacons are also manufactured. Further specialized electronic offerings include traveling wave tube amplifiers, microwave power modules, three-dimensional microelectronic and stacked memory products, robust connectivity solutions designed for harsh environments, and custom molded cable assemblies. Completing its specialized array are radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. HEICO's varied client base predominantly includes entities within the aviation, defense, space, medical, telecommunications, and broader electronics industries. The corporation, founded in 1957, is headquartered in Hollywood, Florida.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Eric A. Mendelson