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 1.01 is in line with its 5-year average of 1.05, around the middle of its 5-year range (0.83–1.23).
As of the fiscal period ended Sunday, June 28, 2026. 7.53% above its 12-month average of 0.94.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.01
QUICK RATIO (ACID-TEST) AVG TTM
0.94
QUICK RATIO (ACID-TEST) AVG 3Y
1.00
QUICK RATIO (ACID-TEST) AVG 5Y
1.05
QUICK RATIO (ACID-TEST) AVG 10Y
1.02
QUICK RATIO (ACID-TEST) AVG 15Y
0.99
QUICK RATIO (ACID-TEST) AVG 20Y
0.97
CURRENT VS TTM AVG
+7.53%
CURRENT VS 3Y AVG
+0.46%
CURRENT VS 5Y AVG
-4.44%
CURRENT VS 10Y AVG
-1.34%
CURRENT VS 15Y AVG
+1.99%
CURRENT VS 20Y AVG
+3.55%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-13.14%
vs the sector median at left
Lockheed Martin Corporation
Market Cap
$134.49B
Quick Ratio (Acid-Test)
1.01
TTM Avg
0.94
3Y Avg
1.00
5Y Avg
1.05
Market Cap
$123.13B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.63
3Y Avg
0.86
5Y Avg
0.93
Market Cap
$149.69B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.64
3Y Avg
0.65
5Y Avg
0.69
Market Cap
$112.93B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.04
3Y Avg
1.00
5Y Avg
1.06
Market Cap
$161.22B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.89
3Y Avg
0.91
5Y Avg
0.91
Market Cap
$103.74B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.85
3Y Avg
0.90
5Y Avg
0.94
Market Cap
$100.14B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.18
3Y Avg
1.34
5Y Avg
1.42
Market Cap
$100.10B
Quick Ratio (Acid-Test)
0.92
TTM Avg
0.90
3Y Avg
0.84
5Y Avg
0.95
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lockheed Martin Corporation (LMT) | $134.49B | 1.01 | 0.94 | 1.00 | 1.05 |
| Parker-Hannifin Corporation (PH)vs › | $123.13B | 0.71 | 0.63 | 0.86 | 0.93 |
| Siemens Energy AG (SMEGF)vs › | $149.69B | 0.64 | 0.64 | 0.65 | 0.69 |
| Howmet Aerospace Inc. (HWM)vs › | $112.93B | 1.09 | 1.04 | 1.00 | 1.06 |
| Deere & Company (DE)vs › | $159.98B | 2.08 | 2.08 | 1.92 | 1.90 |
| Eaton Corporation plc (ETN)vs › | $161.22B | 0.81 | 0.89 | 0.91 | 0.91 |
| General Dynamics Corporation (GD)vs › | $103.74B | 0.89 | 0.85 | 0.90 | 0.94 |
| Quanta Services, Inc. (PWR)vs › | $100.14B | 1.09 | 1.18 | 1.34 | 1.42 |
| Trane Technologies plc (TT)vs › | $100.10B | 0.92 | 0.90 | 0.84 | 0.95 |
| The Boeing Company (BA)vs › | $170.83B | 0.40 | 0.41 | 0.37 | 0.38 |
Quick Ratio
1.01
Excludes inventory
Current Ratio
1.09
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) |
|---|---|
| 2026-06-28 | 1.01 |
| 2026-03-29 | 0.94 |
| 2025-12-31 | 0.94 |
| 2025-09-28 | 0.97 |
| 2025-06-29 | 0.83 |
| 2025-03-30 | 0.91 |
| 2024-12-31 | 0.95 |
| 2024-09-29 | 1.12 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 1.11 |
| 2023-12-31 | 1.03 |
| 2023-09-24 | 1.16 |
| 2023-06-25 | 1.16 |
| 2023-03-26 | 1.10 |
| 2022-12-31 | 1.13 |
| 2022-09-25 | 1.09 |
| 2022-06-26 | 1.06 |
| 2022-03-27 | 1.07 |
| 2021-12-31 | 1.20 |
| 2021-09-26 | 1.23 |
| 2021-06-27 | 1.15 |
| 2021-03-28 | 1.15 |
| 2020-12-31 | 1.14 |
| 2020-09-27 | 1.12 |
| 2020-06-28 | 1.08 |
| 2020-03-29 | 1.00 |
| 2019-12-31 | 0.96 |
| 2019-09-29 | 1.05 |
| 2019-06-30 | 0.96 |
| 2019-03-31 | 0.96 |
| 2018-12-31 | 0.91 |
| 2018-09-30 | 0.91 |
| 2018-06-24 | 0.97 |
| 2018-03-25 | 1.05 |
| 2017-12-31 | 1.03 |
| 2017-09-24 | 0.95 |
| 2017-06-25 | 0.85 |
| 2017-03-26 | 0.85 |
| 2016-12-31 | 0.83 |
| 2016-09-25 | 0.85 |
| 2016-06-26 | 0.70 |
| 2016-03-27 | 0.71 |
| 2015-12-31 | 0.80 |
| 2015-09-27 | 0.91 |
| 2015-06-28 | 0.97 |
| 2015-03-29 | 1.05 |
| 2014-12-31 | 0.85 |
| 2014-09-28 | 0.89 |
| 2014-06-29 | 0.95 |
| 2014-03-30 | 0.94 |
| 2013-12-31 | 0.93 |
| 2013-09-29 | 0.91 |
| 2013-06-30 | 0.94 |
| 2013-03-31 | 0.95 |
| 2012-12-31 | 0.90 |
| 2012-09-30 | 1.02 |
| 2012-06-24 | 1.00 |
| 2012-03-25 | 1.00 |
| 2011-12-31 | 0.96 |
| 2011-09-25 | 1.06 |
| 2011-06-26 | 0.97 |
| 2011-03-27 | 1.00 |
| 2010-12-31 | 0.94 |
| 2010-09-26 | 1.02 |
| 2010-06-27 | 1.00 |
| 2010-03-28 | 0.99 |
| 2009-12-31 | 0.96 |
| 2009-09-27 | 0.89 |
| 2009-06-28 | 0.89 |
| 2009-03-29 | 0.86 |
| 2008-12-31 | 0.83 |
| 2008-09-28 | 0.85 |
| 2008-06-29 | 0.86 |
| 2008-03-30 | 0.97 |
| 2007-12-31 | 0.93 |
| 2007-09-30 | 0.98 |
| 2007-06-30 | 0.96 |
| 2007-03-31 | 0.96 |
| 2006-12-31 | 0.89 |
| 2006-09-30 | 0.86 |
| 2006-06-30 | 0.92 |
| 2006-03-31 | 0.95 |
| 2005-12-31 | 0.91 |
| 2005-09-30 | 0.98 |
| 2005-06-30 | 0.97 |
| 2005-03-31 | 0.98 |
| 2004-12-31 | 0.83 |
| 2004-09-30 | 0.99 |
| 2004-06-30 | 0.93 |
| 2004-03-31 | 0.89 |
| 2003-12-31 | 0.79 |
| 2003-09-30 | 0.91 |
| 2003-06-30 | 0.89 |
| 2003-03-31 | 0.88 |
| 2002-12-31 | 0.85 |
| 2002-09-30 | 0.95 |
