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 1.33 is in line with its 5-year average of 1.24, near the low end of its 5-year range (0.93–2.42).
As of the fiscal period ended Tuesday, June 30, 2026. 10.68% above its 12-month average of 1.20.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.33.
QUICK RATIO (ACID-TEST)
1.33
QUICK RATIO (ACID-TEST) AVG TTM
1.20
QUICK RATIO (ACID-TEST) AVG 3Y
1.28
QUICK RATIO (ACID-TEST) AVG 5Y
1.24
QUICK RATIO (ACID-TEST) AVG 10Y
1.29
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+10.68%
CURRENT VS 3Y AVG
+4.35%
CURRENT VS 5Y AVG
+7.58%
CURRENT VS 10Y AVG
+3.15%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+16.23%
vs the sector median at left
nVent Electric plc
Market Cap
$26.34B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.20
3Y Avg
1.28
5Y Avg
1.24
Market Cap
$26.01B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.84
3Y Avg
0.85
5Y Avg
0.91
Market Cap
$25.46B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.40
3Y Avg
1.11
5Y Avg
1.03
Market Cap
$24.59B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.79
3Y Avg
1.95
5Y Avg
1.95
Market Cap
$24.50B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.99
3Y Avg
1.04
5Y Avg
1.07
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nVent Electric plc (NVT) | $26.34B | 1.33 | 1.20 | 1.28 | 1.24 |
| Otis Worldwide Corporation (OTIS)vs › | $26.01B | 0.75 | 0.84 | 0.85 | 0.91 |
| Copart, Inc. (CPRT)vs › | $26.72B | 7.84 | 8.02 | 7.38 | 6.39 |
| Dover Corporation (DOV)vs › | $25.46B | 1.41 | 1.40 | 1.11 | 1.03 |
| Xylem Inc. (XYL)vs › | $25.37B | 1.24 | 1.31 | 1.32 | 1.43 |
| ATI Inc. (ATI)vs › | $25.14B | 1.14 | 1.29 | 1.36 | 1.43 |
| Symbotic Inc. (SYM)vs › | $28.04B | 1.23 | 1.11 | 1.01 | 1.01 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.59B | 1.57 | 1.79 | 1.95 | 1.95 |
| Hubbell Incorporated (HUBB)vs › | $24.50B | 0.93 | 0.99 | 1.04 | 1.07 |
| Veralto Corporation (VLTO)vs › | $23.37B | 1.61 | 1.60 | 1.36 | 1.25 |
Quick Ratio
1.33
Excludes inventory
Current Ratio
1.80
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 | 1.33 |
| 2026-03-31 | 1.21 |
| 2025-12-31 | 1.16 |
| 2025-09-30 | 1.11 |
| 2025-06-30 | 1.20 |
| 2025-03-31 | 2.42 |
| 2024-12-31 | 1.28 |
| 2024-09-30 | 1.36 |
| 2024-06-30 | 1.49 |
| 2024-03-31 | 1.35 |
| 2023-12-31 | 1.22 |
| 2023-09-30 | 1.27 |
| 2023-06-30 | 1.32 |
| 2023-03-31 | 1.47 |
| 2022-12-31 | 1.36 |
| 2022-09-30 | 1.30 |
| 2022-06-30 | 1.13 |
| 2022-03-31 | 1.05 |
| 2021-12-31 | 0.93 |
| 2021-09-30 | 1.03 |
| 2021-06-30 | 1.17 |
| 2021-03-31 | 1.21 |
| 2020-12-31 | 1.18 |
| 2020-09-30 | 1.41 |
| 2020-06-30 | 1.65 |
| 2020-03-31 | 1.56 |
| 2019-12-31 | 1.20 |
| 2019-09-30 | 1.25 |
| 2019-06-30 | 1.25 |
| 2019-03-31 | 1.22 |
| 2018-12-31 | 1.34 |
| 2018-09-30 | 1.41 |
| 2018-06-30 | 1.53 |
| 2018-03-31 | 2.07 |
| 2017-12-31 | 1.30 |
| 2017-09-30 | 1.49 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 1.43 |
