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 1.06 is 11% above its 5-year average of 0.96, near the high end of its 5-year range (0.79–1.06).
As of the fiscal period ended Tuesday, June 30, 2026. 0.66% above its 12-month average of 1.05.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.06
QUICK RATIO (ACID-TEST) AVG TTM
1.05
QUICK RATIO (ACID-TEST) AVG 3Y
0.96
QUICK RATIO (ACID-TEST) AVG 5Y
0.96
QUICK RATIO (ACID-TEST) AVG 10Y
0.85
QUICK RATIO (ACID-TEST) AVG 15Y
0.77
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+0.66%
CURRENT VS 3Y AVG
+10.25%
CURRENT VS 5Y AVG
+10.60%
CURRENT VS 10Y AVG
+24.19%
CURRENT VS 15Y AVG
+37.43%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.10
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
-3.98%
vs the sector median at left
MTU Aero Engines AG
Market Cap
$22.35B
Quick Ratio (Acid-Test)
1.06
TTM Avg
1.05
3Y Avg
0.96
5Y Avg
0.96
Market Cap
$22.08B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.06
3Y Avg
1.05
5Y Avg
1.05
Market Cap
$22.03B
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.09
3Y Avg
1.19
5Y Avg
1.17
Market Cap
$24.01B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.22
3Y Avg
1.26
5Y Avg
1.19
Market Cap
$24.03B
Quick Ratio (Acid-Test)
1.61
TTM Avg
1.60
3Y Avg
1.36
5Y Avg
1.25
Market Cap
$24.29B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.99
3Y Avg
1.04
5Y Avg
1.07
Market Cap
$20.27B
Quick Ratio (Acid-Test)
2.64
TTM Avg
3.68
3Y Avg
3.22
5Y Avg
2.87
Market Cap
$24.51B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.92
3Y Avg
1.14
5Y Avg
1.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MTU Aero Engines AG (MTUAY) | $22.35B | 1.06 | 1.05 | 0.96 | 0.96 |
| XPO Logistics, Inc. (XPO)vs › | $22.08B | N/A | 1.06 | 1.05 | 1.05 |
| Curtiss-Wright Corporation (CW)vs › | $22.03B | 1.12 | 1.09 | 1.19 | 1.17 |
| Equifax Inc. (EFX)vs › | $22.83B | N/A | 0.68 | 0.68 | 0.70 |
| nVent Electric plc (NVT)vs › | $24.01B | 1.33 | 1.22 | 1.26 | 1.19 |
| Veralto Corporation (VLTO)vs › | $24.03B | 1.61 | 1.60 | 1.36 | 1.25 |
| Hubbell Incorporated (HUBB)vs › | $24.29B | 0.93 | 0.99 | 1.04 | 1.07 |
| Snap-on Incorporated (SNA)vs › | $20.27B | 2.64 | 3.68 | 3.22 | 2.87 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $24.51B | N/A | 0.92 | 1.14 | 1.26 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.98B | N/A | 1.79 | 1.95 | 1.95 |
Quick Ratio
1.06
Excludes inventory
Current Ratio
1.42
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 | 1.06 |
| 2025-12-31 | 1.06 |
| 2025-06-30 | 1.04 |
| 2024-12-31 | 0.96 |
| 2024-06-30 | 0.87 |
| 2023-12-31 | 0.79 |
| 2023-06-30 | 0.96 |
| 2022-12-31 | 0.96 |
| 2022-06-30 | 0.94 |
| 2021-12-31 | 0.94 |
| 2021-06-30 | 0.98 |
| 2020-12-31 | 0.95 |
| 2020-06-30 | 0.76 |
| 2019-12-31 | 0.73 |
| 2019-06-30 | 0.76 |
| 2018-12-31 | 0.77 |
| 2018-06-30 | 0.76 |
| 2017-12-31 | 0.70 |
| 2017-06-30 | 0.65 |
| 2016-12-31 | 0.64 |
| 2016-06-30 | 0.67 |
| 2015-12-31 | 0.54 |
| 2015-06-30 | 0.59 |
| 2014-12-31 | 0.63 |
| 2014-06-30 | 0.66 |
| 2013-12-31 | 0.67 |
| 2013-06-30 | 0.60 |
| 2012-12-31 | 0.63 |
| 2012-06-30 | 0.56 |
| 2011-12-31 | 0.55 |
| 2011-06-30 | 0.57 |
| 2010-12-31 | 0.59 |
| 2010-06-30 | 0.55 |
| 2009-12-31 | 0.44 |
| 2009-06-30 | 0.00 |
