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 0.64 is 15% below its 5-year average of 0.74, around the middle of its 5-year range (0.47–0.97).
As of the fiscal period ended Tuesday, March 31, 2026. 9.39% below its 12-month average of 0.70.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.64
QUICK RATIO (ACID-TEST) AVG TTM
0.70
QUICK RATIO (ACID-TEST) AVG 3Y
0.72
QUICK RATIO (ACID-TEST) AVG 5Y
0.74
QUICK RATIO (ACID-TEST) AVG 10Y
0.76
QUICK RATIO (ACID-TEST) AVG 15Y
0.80
QUICK RATIO (ACID-TEST) AVG 20Y
0.86
CURRENT VS TTM AVG
-9.39%
CURRENT VS 3Y AVG
-12.23%
CURRENT VS 5Y AVG
-14.59%
CURRENT VS 10Y AVG
-16.63%
CURRENT VS 15Y AVG
-20.16%
CURRENT VS 20Y AVG
-25.93%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-45.15%
vs the sector median at left
Lennox International Inc.
Market Cap
$15.38B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.70
3Y Avg
0.72
5Y Avg
0.74
Market Cap
$15.65B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.27
3Y Avg
1.31
5Y Avg
1.26
Market Cap
$14.91B
Quick Ratio (Acid-Test)
2.25
TTM Avg
2.06
3Y Avg
2.08
5Y Avg
1.91
Market Cap
$16.05B
Quick Ratio (Acid-Test)
1.01
TTM Avg
1.19
3Y Avg
1.24
5Y Avg
1.22
Market Cap
$16.21B
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.25
3Y Avg
1.33
5Y Avg
1.37
Market Cap
$14.30B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.35
3Y Avg
0.37
5Y Avg
0.36
Market Cap
$16.49B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.28
3Y Avg
1.20
5Y Avg
1.45
Market Cap
$17.04B
Quick Ratio (Acid-Test)
2.02
TTM Avg
1.94
3Y Avg
1.91
5Y Avg
2.30
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lennox International Inc. (LII) | $15.38B | 0.64 | 0.70 | 0.72 | 0.74 |
| Textron Inc. (TXT)vs › | $15.14B | 0.85 | 0.85 | 0.81 | 0.96 |
| WESCO International, Inc. (WCC)vs › | $15.65B | 1.27 | 1.27 | 1.31 | 1.26 |
| BWX Technologies, Inc. (BWXT)vs › | $14.91B | 2.25 | 2.06 | 2.08 | 1.91 |
| Sterling Infrastructure, Inc. (STRL)vs › | $16.05B | 1.01 | 1.19 | 1.24 | 1.22 |
| Jacobs Solutions Inc. (J)vs › | $16.21B | 1.30 | 1.25 | 1.33 | 1.37 |
| Stanley Black & Decker, Inc. (SWK)vs › | $14.30B | 0.35 | 0.35 | 0.37 | 0.36 |
| Nordson Corporation (NDSN)vs › | $16.49B | 1.05 | 1.28 | 1.20 | 1.45 |
| IDEX Corporation (IEX)vs › | $17.04B | 2.02 | 1.94 | 1.91 | 2.30 |
| CNH Industrial N.V. (CNH)vs › | $13.53B | 6.60 | 4.22 | 3.64 | 3.24 |
Quick Ratio
0.64
Excludes inventory
Current Ratio
1.60
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 | 0.64 |
| 2025-12-31 | 0.63 |
| 2025-09-30 | 0.80 |
| 2025-06-30 | 0.71 |
| 2025-03-31 | 0.74 |
| 2024-12-31 | 0.90 |
| 2024-09-30 | 0.87 |
| 2024-06-30 | 0.90 |
| 2024-03-31 | 0.68 |
| 2023-12-31 | 0.72 |
| 2023-09-30 | 0.79 |
| 2023-06-30 | 0.56 |
| 2023-03-31 | 0.50 |
| 2022-12-31 | 0.47 |
| 2022-09-30 | 0.91 |
| 2022-06-30 | 0.97 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 0.80 |
| 2021-09-30 | 0.66 |
| 2021-06-30 | 0.78 |
| 2021-03-31 | 0.75 |
| 2020-12-31 | 0.92 |
| 2020-09-30 | 0.92 |
| 2020-06-30 | 0.77 |
| 2020-03-31 | 0.69 |
| 2019-12-31 | 0.58 |
| 2019-09-30 | 0.66 |
| 2019-06-30 | 0.76 |
| 2019-03-31 | 0.68 |
| 2018-12-31 | 0.57 |
| 2018-09-30 | 0.99 |
| 2018-06-30 | 1.14 |
| 2018-03-31 | 1.10 |
| 2017-12-31 | 1.00 |
| 2017-09-30 | 0.72 |
| 2017-06-30 | 0.84 |
| 2017-03-31 | 0.64 |
| 2016-12-31 | 0.66 |
| 2016-09-30 | 0.58 |
| 2016-06-30 | 0.68 |
| 2016-03-31 | 0.75 |
| 2015-12-31 | 0.63 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.83 |
| 2015-03-31 | 0.79 |
| 2014-12-31 | 0.67 |
| 2014-09-30 | 0.77 |
| 2014-06-30 | 0.84 |
| 2014-03-31 | 0.79 |
| 2013-12-31 | 0.73 |
| 2013-09-30 | 0.76 |
| 2013-06-30 | 0.85 |
| 2013-03-31 | 0.96 |
| 2012-12-31 | 0.96 |
| 2012-09-30 | 1.12 |
| 2012-06-30 | 1.01 |
| 2012-03-31 | 1.00 |
| 2011-12-31 | 0.99 |
| 2011-09-30 | 0.94 |
| 2011-06-30 | 1.04 |
| 2011-03-31 | 0.88 |
| 2010-12-31 | 1.07 |
| 2010-09-30 | 1.01 |
| 2010-06-30 | 0.98 |
| 2010-03-31 | 0.97 |
| 2009-12-31 | 0.98 |
| 2009-09-30 | 0.87 |
| 2009-06-30 | 0.98 |
| 2009-03-31 | 1.02 |
| 2008-12-31 | 1.11 |
| 2008-09-30 | 1.07 |
| 2008-06-30 | 1.12 |
| 2008-03-31 | 1.09 |
| 2007-12-31 | 1.09 |
| 2007-09-30 | 1.04 |
| 2007-06-30 | 1.17 |
| 2007-03-31 | 1.06 |
| 2006-12-31 | 1.09 |
| 2006-09-30 | 1.04 |
| 2006-06-30 | 1.12 |
| 2006-03-31 | 1.09 |
| 2005-12-31 | 1.23 |
| 2005-09-30 | 1.03 |
| 2005-06-30 | 1.10 |
| 2005-03-31 | 0.98 |
| 2004-12-31 | 1.02 |
| 2004-09-30 | 0.93 |
| 2004-06-30 | 0.89 |
| 2004-03-31 | 0.93 |
| 2003-12-31 | 1.01 |
| 2003-09-30 | 0.99 |
| 2003-06-30 | 0.91 |
| 2003-03-31 | 0.81 |
| 2002-12-31 | 0.85 |
| 2002-09-30 | 0.86 |
| 2002-06-30 | 0.83 |