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 1.85 is 28% below its 5-year average of 2.58, near the low end of its 5-year range (1.85–3.25).
As of the fiscal period ended Friday, July 3, 2026. 11.60% below its 12-month average of 2.09.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-07-03): 1.85.
QUICK RATIO (ACID-TEST)
1.85
QUICK RATIO (ACID-TEST) AVG TTM
2.09
QUICK RATIO (ACID-TEST) AVG 3Y
2.43
QUICK RATIO (ACID-TEST) AVG 5Y
2.58
QUICK RATIO (ACID-TEST) AVG 10Y
2.69
QUICK RATIO (ACID-TEST) AVG 15Y
3.19
QUICK RATIO (ACID-TEST) AVG 20Y
3.05
CURRENT VS TTM AVG
-11.60%
CURRENT VS 3Y AVG
-24.17%
CURRENT VS 5Y AVG
-28.34%
CURRENT VS 10Y AVG
-31.37%
CURRENT VS 15Y AVG
-42.19%
CURRENT VS 20Y AVG
-39.46%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
+34.75%
vs the sector median at left
Mercury Systems, Inc.
Market Cap
$4.97B
Quick Ratio (Acid-Test)
1.85
TTM Avg
2.09
3Y Avg
2.43
5Y Avg
2.58
Market Cap
$5.14B
Quick Ratio (Acid-Test)
0.99
TTM Avg
1.55
3Y Avg
1.41
5Y Avg
1.40
Market Cap
$4.79B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.92
3Y Avg
1.64
5Y Avg
1.36
Market Cap
$4.77B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.57
3Y Avg
1.49
5Y Avg
1.49
Market Cap
$4.73B
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.25
3Y Avg
1.05
5Y Avg
0.95
Market Cap
$5.29B
Quick Ratio (Acid-Test)
0.94
TTM Avg
1.34
3Y Avg
1.44
5Y Avg
1.48
Market Cap
$5.31B
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.30
3Y Avg
1.38
5Y Avg
1.54
Market Cap
$4.61B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.25
3Y Avg
1.34
5Y Avg
1.40
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercury Systems, Inc. (MRCY) | $4.97B | 1.85 | 2.09 | 2.43 | 2.58 |
| MYR Group Inc. (MYRG)vs › | $5.05B | 1.39 | 1.34 | 1.35 | 1.39 |
| Casella Waste Systems, Inc. (CWST)vs › | $5.14B | 0.99 | 1.55 | 1.41 | 1.40 |
| The Middleby Corporation (MIDD)vs › | $4.79B | 1.10 | 1.92 | 1.64 | 1.36 |
| EquipmentShare.com Inc. (EQPT)vs › | $4.77B | 1.91 | 1.57 | 1.49 | 1.49 |
| VSE Corporation (VSEC)vs › | $4.73B | 1.30 | 1.25 | 1.05 | 0.95 |
| Granite Construction Incorporated (GVA)vs › | $5.29B | 0.94 | 1.34 | 1.44 | 1.48 |
| Construction Partners, Inc. (ROAD)vs › | $5.31B | 1.26 | 1.30 | 1.38 | 1.54 |
| Primoris Services Corporation (PRIM)vs › | $4.61B | 1.18 | 1.25 | 1.34 | 1.40 |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 1.52 | 1.32 | 1.43 | 1.55 |
Quick Ratio
1.85
Excludes inventory
Current Ratio
2.96
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) |
|---|---|
| 2026-07-03 | 1.85 |
| 2026-03-27 | 2.15 |
| 2025-12-26 | 2.04 |
| 2025-09-26 | 2.31 |
| 2025-06-27 | 2.41 |
| 2025-03-28 | 2.25 |
| 2024-12-27 | 2.36 |
| 2024-09-27 | 2.59 |
| 2024-06-30 | 2.64 |
| 2024-03-29 | 2.93 |
| 2023-12-29 | 2.79 |
| 2023-09-29 | 2.88 |
| 2023-06-30 | 2.57 |
| 2023-03-31 | 2.70 |
| 2022-12-30 | 2.92 |
| 2022-09-30 | 3.25 |
| 2022-06-30 | 2.81 |
| 2022-04-01 | 2.71 |
| 2021-12-31 | 2.80 |
| 2021-10-01 | 2.55 |
| 2021-06-30 | 2.79 |
| 2021-04-02 | 2.46 |
| 2021-01-01 | 2.02 |
| 2020-10-02 | 3.21 |
| 2020-06-30 | 3.63 |
| 2020-03-27 | 5.19 |
| 2019-12-27 | 3.63 |
| 2019-09-27 | 3.77 |
| 2019-06-30 | 4.54 |
| 2019-03-31 | 3.13 |
| 2018-12-31 | 2.93 |
| 2018-09-30 | 2.94 |
| 2018-06-30 | 3.11 |
| 2018-03-31 | 2.47 |
| 2017-12-31 | 2.19 |
| 2017-09-30 | 2.11 |
| 2017-06-30 | 2.27 |
| 2017-03-31 | 5.13 |
| 2016-12-31 | 2.26 |
| 2016-09-30 | 3.09 |
| 2016-06-30 | 2.77 |
| 2016-03-31 | 4.10 |
| 2015-12-31 | 3.92 |
| 2015-09-30 | 3.89 |
| 2015-06-30 | 4.69 |
| 2015-03-31 | 3.81 |
| 2014-12-31 | 3.78 |
| 2014-09-30 | 3.97 |
| 2014-06-30 | 3.91 |
| 2014-03-31 | 3.50 |
| 2013-12-31 | 4.58 |
| 2013-09-30 | 4.02 |
| 2013-06-30 | 3.53 |
| 2013-03-31 | 3.62 |
| 2012-12-31 | 2.92 |
| 2012-09-30 | 2.82 |
| 2012-06-30 | 4.92 |
| 2012-03-31 | 4.78 |
| 2011-12-31 | 4.49 |
| 2011-09-30 | 6.84 |
| 2011-06-30 | 6.12 |
| 2011-03-31 | 6.03 |
| 2010-12-31 | 4.48 |
| 2010-09-30 | 3.82 |
| 2010-06-30 | 3.71 |
| 2010-03-31 | 2.26 |
| 2009-12-31 | 2.12 |
| 2009-09-30 | 2.04 |
| 2009-06-30 | 1.98 |
| 2009-03-31 | 0.95 |
| 2008-12-31 | 0.94 |
| 2008-09-30 | 0.92 |
| 2008-06-30 | 0.90 |
| 2008-03-31 | 2.79 |
| 2007-12-31 | 3.97 |
| 2007-09-30 | 3.85 |
| 2007-06-30 | 3.23 |
| 2007-03-31 | 2.95 |
| 2006-12-31 | 2.74 |
| 2006-09-30 | 2.73 |
| 2006-06-30 | 3.14 |
| 2006-03-31 | 2.97 |
| 2005-12-31 | 3.63 |
| 2005-09-30 | 2.67 |
| 2005-06-30 | 5.26 |
| 2005-03-31 | 5.30 |
| 2004-12-31 | 5.65 |
| 2004-09-30 | 4.85 |
| 2004-06-30 | 5.00 |
| 2004-03-31 | 4.66 |
| 2003-12-31 | 4.21 |
| 2003-09-30 | 4.91 |
| 2003-06-30 | 3.89 |
| 2003-03-31 | 4.38 |
| 2002-12-31 | 5.45 |
| 2002-09-30 | 5.98 |