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 0.89 is in line with its 5-year average of 0.95, near the low end of its 5-year range (0.69–1.50).
As of the fiscal period ended Friday, April 3, 2026. 4.44% below its 12-month average of 0.93.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.89
QUICK RATIO (ACID-TEST) AVG TTM
0.93
QUICK RATIO (ACID-TEST) AVG 3Y
0.85
QUICK RATIO (ACID-TEST) AVG 5Y
0.90
QUICK RATIO (ACID-TEST) AVG 10Y
0.99
QUICK RATIO (ACID-TEST) AVG 15Y
1.03
QUICK RATIO (ACID-TEST) AVG 20Y
1.08
CURRENT VS TTM AVG
-4.44%
CURRENT VS 3Y AVG
+4.53%
CURRENT VS 5Y AVG
-1.11%
CURRENT VS 10Y AVG
-10.15%
CURRENT VS 15Y AVG
-13.56%
CURRENT VS 20Y AVG
-17.91%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-23.22%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$55.58B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.93
3Y Avg
0.85
5Y Avg
0.90
Market Cap
$54.75B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.13
3Y Avg
1.10
5Y Avg
1.13
Market Cap
$54.66B
Quick Ratio (Acid-Test)
2.41
TTM Avg
2.34
3Y Avg
2.19
5Y Avg
2.10
Market Cap
$57.59B
Quick Ratio (Acid-Test)
0.34
TTM Avg
0.33
3Y Avg
0.36
5Y Avg
0.53
Market Cap
$51.10B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$50.51B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
Market Cap
$50.34B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
Market Cap
$49.11B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $55.58B | 0.89 | 0.93 | 0.85 | 0.90 |
| Comfort Systems USA, Inc. (FIX)vs › | $54.75B | 1.19 | 1.13 | 1.10 | 1.13 |
| Fastenal Company (FAST)vs › | $54.66B | 2.41 | 2.34 | 2.19 | 2.10 |
| AMETEK, Inc. (AME)vs › | $54.39B | 0.67 | 0.71 | 0.74 | 0.94 |
| Delta Air Lines, Inc. (DAL)vs › | $57.59B | 0.34 | 0.33 | 0.36 | 0.53 |
| Rockwell Automation, Inc. (ROK)vs › | $51.10B | 0.77 | 0.74 | 0.81 | 0.86 |
| Carrier Global Corporation (CARR)vs › | $50.51B | 0.85 | 0.91 | 1.39 | 1.39 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.34B | 0.57 | 0.63 | 0.64 | 0.66 |
| HEICO Corporation (HEI-A)vs › | $49.11B | 1.28 | 1.31 | 1.31 | 1.62 |
| Bloom Energy Corporation (BE)vs › | $46.75B | 4.95 | 3.65 | 2.82 | 2.38 |
Quick Ratio
0.89
Excludes inventory
Current Ratio
1.19
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) |
|---|---|
| 2026-04-03 | 0.89 |
| 2026-01-02 | 1.02 |
| 2025-10-03 | 0.95 |
| 2025-06-27 | 0.87 |
| 2025-03-28 | 0.85 |
| 2025-01-03 | 0.90 |
| 2024-09-27 | 0.87 |
| 2024-06-28 | 0.74 |
| 2024-03-29 | 0.80 |
| 2023-12-29 | 0.80 |
| 2023-09-29 | 0.69 |
| 2023-06-30 | 0.84 |
| 2023-03-31 | 0.89 |
| 2022-12-30 | 0.95 |
| 2022-09-30 | 0.87 |
| 2022-07-01 | 1.01 |
| 2022-04-01 | 1.09 |
| 2021-12-31 | 1.18 |
| 2021-10-01 | 1.30 |
| 2021-07-02 | 1.50 |
| 2021-04-02 | 1.57 |
| 2021-01-01 | 1.34 |
| 2020-10-02 | 1.18 |
| 2020-07-03 | 1.32 |
| 2020-04-03 | 1.21 |
| 2019-12-31 | 1.27 |
| 2019-09-27 | 1.21 |
| 2019-06-28 | 0.98 |
| 2019-03-29 | 1.15 |
| 2018-12-28 | 1.04 |
| 2018-09-28 | 0.96 |
| 2018-06-29 | 0.98 |
| 2018-03-30 | 0.68 |
| 2017-12-29 | 0.68 |
| 2017-09-29 | 0.64 |
| 2017-06-30 | 0.64 |
| 2017-03-31 | 1.14 |
| 2016-12-30 | 0.97 |
| 2016-09-30 | 0.79 |
| 2016-07-01 | 0.89 |
| 2016-04-01 | 0.93 |
| 2016-01-01 | 0.89 |
| 2015-10-02 | 1.04 |
| 2015-07-03 | 0.95 |
| 2015-04-03 | 1.32 |
| 2015-01-02 | 1.26 |
| 2014-09-26 | 1.18 |
| 2014-06-27 | 1.23 |
| 2014-03-28 | 1.17 |
| 2013-12-27 | 1.12 |
| 2013-09-27 | 1.09 |
| 2013-06-28 | 0.99 |
| 2013-03-29 | 1.03 |
| 2012-12-28 | 1.41 |
| 2012-09-28 | 1.36 |
| 2012-06-29 | 1.40 |
| 2012-03-30 | 0.97 |
| 2011-12-30 | 0.92 |
| 2011-09-30 | 0.86 |
| 2011-07-01 | 1.05 |
| 2011-04-01 | 1.48 |
| 2010-12-31 | 1.61 |
| 2010-10-01 | 0.89 |
| 2010-07-02 | 1.32 |
| 2010-04-02 | 1.25 |
| 2010-01-01 | 1.19 |
| 2009-10-02 | 1.19 |
| 2009-07-03 | 1.13 |
| 2009-04-03 | 1.53 |
| 2009-01-02 | 1.47 |
| 2008-09-26 | 1.35 |
| 2008-06-27 | 1.59 |
| 2008-03-28 | 1.32 |
| 2007-12-28 | 1.32 |
| 2007-09-28 | 0.89 |
| 2007-06-29 | 0.78 |
| 2007-03-30 | 1.07 |
| 2006-12-29 | 1.17 |
| 2006-09-29 | 1.10 |
| 2006-06-30 | 1.35 |
| 2006-03-31 | 1.37 |
| 2005-12-30 | 1.42 |
| 2005-09-30 | 2.44 |
| 2005-07-01 | 1.64 |
| 2005-04-01 | 1.85 |
| 2004-12-31 | 1.75 |
| 2004-10-01 | 2.54 |
| 2004-07-02 | 2.43 |
| 2004-04-02 | 2.27 |
| 2004-01-02 | 2.35 |
| 2003-09-26 | 2.28 |
| 2003-06-27 | 2.31 |
| 2003-03-28 | 2.38 |
| 2002-12-27 | 2.41 |
| 2002-09-27 | 2.47 |
| 2002-06-28 | 2.16 |
