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 1.59 is 54% above its 5-year average of 1.04, near the high end of its 5-year range (0.74–1.59).
As of the fiscal period ended Tuesday, March 31, 2026. 33.28% above its 12-month average of 1.19.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.59
QUICK RATIO (ACID-TEST) AVG TTM
1.19
QUICK RATIO (ACID-TEST) AVG 3Y
0.98
QUICK RATIO (ACID-TEST) AVG 5Y
1.02
QUICK RATIO (ACID-TEST) AVG 10Y
1.07
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+33.28%
CURRENT VS 3Y AVG
+61.68%
CURRENT VS 5Y AVG
+55.59%
CURRENT VS 10Y AVG
+48.43%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.07
median of 100 covered companies
CURRENT VS SECTOR MEDIAN
+48.64%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$116.43B
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.19
3Y Avg
0.98
5Y Avg
1.02
Market Cap
$107.33B
Quick Ratio (Acid-Test)
1.03
TTM Avg
1.23
3Y Avg
1.26
5Y Avg
1.23
Market Cap
$126.88B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.63
3Y Avg
0.86
5Y Avg
0.93
Market Cap
$105.17B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.90
3Y Avg
0.84
5Y Avg
0.95
Market Cap
$104.07B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.85
3Y Avg
0.90
5Y Avg
0.94
Market Cap
$103.06B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.18
3Y Avg
1.34
5Y Avg
1.42
Market Cap
$135.11B
Quick Ratio (Acid-Test)
1.01
TTM Avg
0.94
3Y Avg
1.01
5Y Avg
1.07
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $116.43B | 1.59 | 1.19 | 0.98 | 1.02 |
| Vertiv Holdings Co (VRT)vs › | $107.33B | 1.03 | 1.23 | 1.26 | 1.23 |
| Parker-Hannifin Corporation (PH)vs › | $126.88B | 0.66 | 0.63 | 0.86 | 0.93 |
| Trane Technologies plc (TT)vs › | $105.17B | 0.76 | 0.90 | 0.84 | 0.95 |
| General Dynamics Corporation (GD)vs › | $104.07B | 0.96 | 0.85 | 0.90 | 0.94 |
| Quanta Services, Inc. (PWR)vs › | $103.06B | 1.05 | 1.18 | 1.34 | 1.42 |
| Lockheed Martin Corporation (LMT)vs › | $135.11B | 1.01 | 0.94 | 1.01 | 1.07 |
| CSX Corporation (CSX)vs › | $94.18B | 0.72 | 0.71 | 0.94 | 1.23 |
| 3M Company (MMM)vs › | $94.16B | 0.91 | 1.21 | 1.05 | 1.12 |
| Emerson Electric Co. (EMR)vs › | $91.54B | 0.68 | 1.02 | 1.32 | 1.25 |
Quick Ratio
1.59
Excludes inventory
Current Ratio
2.44
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) |
|---|---|
| 2026-03-31 | 1.59 |
| 2025-12-31 | 1.09 |
| 2025-09-30 | 1.14 |
| 2025-06-30 | 1.08 |
| 2025-03-31 | 1.07 |
| 2024-12-31 | 0.98 |
| 2024-09-30 | 0.98 |
| 2024-06-30 | 0.74 |
| 2024-03-31 | 0.92 |
| 2023-12-31 | 0.87 |
| 2023-09-30 | 0.94 |
| 2023-06-30 | 1.00 |
| 2023-03-31 | 0.99 |
| 2022-12-31 | 1.04 |
| 2022-09-30 | 0.89 |
| 2022-06-30 | 0.96 |
| 2022-03-31 | 1.04 |
| 2021-12-31 | 1.07 |
| 2021-09-30 | 1.16 |
| 2021-06-30 | 1.09 |
| 2021-03-31 | 1.12 |
| 2020-12-31 | 1.32 |
| 2020-09-30 | 1.27 |
| 2020-06-30 | 1.22 |
| 2020-03-31 | 1.08 |
| 2019-12-31 | 1.03 |
| 2019-09-30 | 0.75 |
| 2019-06-30 | 0.94 |
| 2019-03-31 | 0.94 |
| 2018-12-31 | 1.16 |
| 2018-09-30 | 1.16 |
| 2018-06-30 | 1.15 |
| 2018-03-31 | 1.16 |
| 2017-12-31 | 1.38 |
| 2017-09-30 | 1.38 |
| 2017-06-30 | 1.36 |
| 2017-03-31 | 1.69 |
| 2016-12-31 | 1.32 |
| 2016-09-30 | 1.08 |
| 2016-06-30 | 0.85 |
| 2016-03-31 | -0.39 |
| 2015-12-31 | 1.09 |
| 2015-09-30 | 0.98 |
| 2015-06-30 | 0.90 |
| 2015-03-31 | 0.90 |
| 2014-12-31 | 0.94 |
| 2014-09-30 | 1.22 |
| 2014-06-30 | 0.71 |
| 2014-03-31 | 0.70 |
