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 0.80 is in line with its 5-year average of 0.79, around the middle of its 5-year range (0.64–0.89).
As of the fiscal period ended Tuesday, June 30, 2026. 3.08% above its 12-month average of 0.77.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 0.80.
QUICK RATIO (ACID-TEST)
0.80
QUICK RATIO (ACID-TEST) AVG TTM
0.77
QUICK RATIO (ACID-TEST) AVG 3Y
0.77
QUICK RATIO (ACID-TEST) AVG 5Y
0.79
QUICK RATIO (ACID-TEST) AVG 10Y
0.82
QUICK RATIO (ACID-TEST) AVG 15Y
0.84
QUICK RATIO (ACID-TEST) AVG 20Y
0.86
CURRENT VS TTM AVG
+3.08%
CURRENT VS 3Y AVG
+3.22%
CURRENT VS 5Y AVG
+0.30%
CURRENT VS 10Y AVG
-2.88%
CURRENT VS 15Y AVG
-4.71%
CURRENT VS 20Y AVG
-6.94%
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-45.58%
vs the sector median at left
Johnson Controls International plc
Market Cap
$87.78B
Quick Ratio (Acid-Test)
0.80
TTM Avg
0.77
3Y Avg
0.77
5Y Avg
0.79
Market Cap
$77.84B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.49
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$74.71B
Quick Ratio (Acid-Test)
2.36
TTM Avg
2.24
3Y Avg
2.25
5Y Avg
2.49
Market Cap
$71.19B
Quick Ratio (Acid-Test)
0.47
TTM Avg
17.93
3Y Avg
20.16
5Y Avg
15.88
Market Cap
$109.60B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.11
3Y Avg
1.31
5Y Avg
1.43
Market Cap
$65.75B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.27
3Y Avg
1.34
5Y Avg
1.94
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson Controls International plc (JCI) | $87.78B | 0.80 | 0.77 | 0.77 | 0.79 |
| The Sherwin-Williams Company (SHW)vs › | $77.84B | 0.46 | 0.49 | 0.51 | 0.53 |
| Ecolab Inc. (ECL)vs › | $76.61B | 1.57 | 0.88 | 0.90 | 0.97 |
| Barrick Mining Corporation (B)vs › | $74.71B | 2.36 | 2.24 | 2.25 | 2.49 |
| Wheaton Precious Metals Corp. (WPM)vs › | $71.19B | 0.47 | 17.93 | 20.16 | 15.88 |
| Freeport-McMoRan Inc. (FCX)vs › | $109.60B | 0.92 | 1.11 | 1.31 | 1.43 |
| Vale S.A. (VALE)vs › | $65.84B | 0.77 | 0.73 | 0.80 | 0.96 |
| Air Products and Chemicals, Inc. (APD)vs › | $65.75B | 0.92 | 1.27 | 1.34 | 1.94 |
| CRH plc (CRH)vs › | $59.70B | 1.07 | 1.02 | 1.16 | 1.27 |
| Nucor Corporation (NUE)vs › | $58.74B | 1.36 | 1.52 | 1.80 | 1.85 |
Quick Ratio
0.80
Excludes inventory
Current Ratio
0.97
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 | 0.80 |
| 2026-03-31 | 0.85 |
| 2025-12-31 | 0.64 |
| 2025-09-30 | 0.76 |
| 2025-06-30 | 0.81 |
| 2025-03-31 | 0.81 |
| 2024-12-31 | 0.86 |
| 2024-09-30 | 0.79 |
| 2024-06-30 | 0.73 |
| 2024-03-31 | 0.65 |
| 2023-12-31 | 0.73 |
| 2023-09-30 | 0.80 |
| 2023-06-30 | 0.80 |
| 2023-03-31 | 0.78 |
| 2022-12-31 | 0.77 |
| 2022-09-30 | 0.80 |
| 2022-06-30 | 0.76 |
| 2022-03-31 | 0.78 |
| 2021-12-31 | 0.79 |
| 2021-09-30 | 0.87 |
| 2021-06-30 | 0.89 |
| 2021-03-31 | 0.94 |
| 2020-12-31 | 0.96 |
| 2020-09-30 | 1.00 |
| 2020-06-30 | 0.89 |
| 2020-03-31 | 0.83 |
| 2019-12-31 | 0.97 |
| 2019-09-30 | 1.17 |
| 2019-06-30 | 1.19 |
| 2019-03-31 | 0.80 |
| 2018-12-31 | 0.85 |
| 2018-09-30 | 0.89 |
| 2018-06-30 | 0.79 |
| 2018-03-31 | 0.79 |
| 2017-12-31 | 0.80 |
| 2017-09-30 | 0.77 |
| 2017-06-30 | 0.92 |
| 2017-03-31 | 0.94 |
| 2016-12-31 | 0.70 |
| 2016-09-30 | 0.87 |
| 2016-06-24 | 0.69 |
| 2016-03-25 | 0.69 |
| 2015-12-25 | 0.72 |
| 2015-09-30 | 0.77 |
| 2015-06-26 | 0.86 |
| 2015-03-27 | 0.82 |
| 2014-12-26 | 0.87 |
| 2014-09-30 | 0.91 |
| 2014-06-27 | 0.89 |
| 2014-03-28 | 0.87 |
| 2013-12-27 | 0.87 |
| 2013-09-30 | 0.94 |
| 2013-06-28 | 0.88 |
| 2013-03-29 | 0.87 |
| 2012-12-28 | 0.98 |
| 2012-09-30 | 0.96 |
| 2012-06-29 | 0.94 |
| 2012-03-30 | 0.95 |
| 2011-12-30 | 0.95 |
| 2011-09-30 | 0.90 |
| 2011-06-24 | 0.91 |
| 2011-03-25 | 0.98 |
| 2010-12-24 | 0.90 |
| 2010-09-30 | 0.89 |
| 2010-06-25 | 0.94 |
| 2010-03-26 | 0.94 |
| 2009-12-25 | 0.97 |
| 2009-09-30 | 0.95 |
| 2009-06-26 | 0.90 |
| 2009-03-27 | 0.89 |
| 2008-12-26 | 1.48 |
| 2008-09-30 | 0.87 |
| 2008-06-27 | 1.48 |
| 2008-03-28 | 1.43 |
| 2007-12-28 | 0.92 |
| 2007-09-30 | 0.98 |
| 2007-06-29 | 0.95 |
| 2007-03-30 | 0.87 |
| 2006-12-29 | 0.93 |
| 2006-09-30 | 0.92 |
| 2006-06-30 | 0.88 |
| 2006-03-31 | 0.86 |
| 2005-12-30 | 0.84 |
| 2005-09-30 | 0.90 |
| 2005-07-01 | 0.92 |
| 2005-04-01 | 0.95 |
| 2004-12-31 | 0.89 |
| 2004-09-30 | 0.86 |
| 2004-06-30 | 0.87 |
| 2004-03-31 | 0.86 |
| 2003-12-31 | 0.86 |
| 2003-09-30 | 0.86 |
| 2003-06-30 | 0.77 |
| 2003-03-31 | 0.80 |
| 2002-12-31 | 0.80 |
| 2002-09-30 | 0.89 |