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 0.87 is 12% below its 5-year average of 1.00, near the low end of its 5-year range (0.74–1.59).
As of the fiscal period ended Tuesday, June 30, 2026. 24.48% below its 12-month average of 1.15.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.87.
QUICK RATIO (ACID-TEST)
0.87
QUICK RATIO (ACID-TEST) AVG TTM
1.15
QUICK RATIO (ACID-TEST) AVG 3Y
0.97
QUICK RATIO (ACID-TEST) AVG 5Y
1.00
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
-24.48%
CURRENT VS 3Y AVG
-10.46%
CURRENT VS 5Y AVG
-12.50%
CURRENT VS 10Y AVG
-18.27%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-23.87%
vs the sector median at left
Howmet Aerospace Inc.
Market Cap
$91.89B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.15
3Y Avg
0.97
5Y Avg
1.00
Market Cap
$94.41B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.90
3Y Avg
0.84
5Y Avg
0.95
Market Cap
$95.52B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.85
3Y Avg
0.90
5Y Avg
0.94
Market Cap
$95.72B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.18
3Y Avg
1.34
5Y Avg
1.42
Market Cap
$96.01B
Quick Ratio (Acid-Test)
1.03
TTM Avg
1.23
3Y Avg
1.26
5Y Avg
1.23
Market Cap
$84.38B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.79
3Y Avg
0.80
5Y Avg
0.81
Market Cap
$84.12B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.17
3Y Avg
1.14
5Y Avg
1.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Howmet Aerospace Inc. (HWM) | $91.89B | 0.87 | 1.15 | 0.97 | 1.00 |
| Trane Technologies plc (TT)vs › | $94.41B | 0.76 | 0.90 | 0.84 | 0.95 |
| General Dynamics Corporation (GD)vs › | $95.52B | 0.96 | 0.85 | 0.90 | 0.94 |
| Quanta Services, Inc. (PWR)vs › | $95.72B | 1.05 | 1.18 | 1.34 | 1.42 |
| Vertiv Holdings Co (VRT)vs › | $96.01B | 1.03 | 1.23 | 1.26 | 1.23 |
| CSX Corporation (CSX)vs › | $87.25B | 0.72 | 0.71 | 0.94 | 1.23 |
| 3M Company (MMM)vs › | $85.60B | 0.91 | 1.21 | 1.05 | 1.12 |
| Waste Management, Inc. (WM)vs › | $84.38B | 0.87 | 0.79 | 0.80 | 0.81 |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 1.18 | 1.17 | 1.14 | 1.18 |
| Emerson Electric Co. (EMR)vs › | $83.97B | 0.66 | 1.02 | 1.32 | 1.25 |
Quick Ratio
0.87
Excludes inventory
Current Ratio
1.82
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 | 0.87 |
| 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 |
