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 1.89 is in line with its 5-year average of 1.80, around the middle of its 5-year range (1.20–2.98).
As of the fiscal period ended Tuesday, June 30, 2026. 26.43% above its 12-month average of 1.49.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.89
QUICK RATIO (ACID-TEST) AVG TTM
1.49
QUICK RATIO (ACID-TEST) AVG 3Y
1.58
QUICK RATIO (ACID-TEST) AVG 5Y
1.80
QUICK RATIO (ACID-TEST) AVG 10Y
1.81
QUICK RATIO (ACID-TEST) AVG 15Y
1.63
QUICK RATIO (ACID-TEST) AVG 20Y
1.59
CURRENT VS TTM AVG
+26.43%
CURRENT VS 3Y AVG
+19.90%
CURRENT VS 5Y AVG
+4.99%
CURRENT VS 10Y AVG
+4.55%
CURRENT VS 15Y AVG
+15.86%
CURRENT VS 20Y AVG
+19.03%
SECTOR MEDIAN · INDUSTRIALS
1.17
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+61.49%
vs the sector median at left
Old Dominion Freight Line, Inc.
Market Cap
$44.12B
Quick Ratio (Acid-Test)
1.89
TTM Avg
1.49
3Y Avg
1.58
5Y Avg
1.80
Market Cap
$42.84B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.82
3Y Avg
0.78
5Y Avg
0.92
Market Cap
$42.54B
Quick Ratio (Acid-Test)
2.29
TTM Avg
1.75
3Y Avg
2.24
5Y Avg
2.47
Market Cap
$39.38B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.67
3Y Avg
0.76
5Y Avg
0.88
Market Cap
$49.13B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
Market Cap
$49.48B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$37.60B
Quick Ratio (Acid-Test)
3.61
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
3.23
Market Cap
$50.95B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | $44.12B | 1.89 | 1.49 | 1.58 | 1.80 |
| Thomson Reuters Corporation (TRI)vs › | $42.84B | 0.64 | 0.82 | 0.78 | 0.92 |
| Axon Enterprise, Inc. (AXON)vs › | $42.54B | 2.29 | 1.75 | 2.24 | 2.47 |
| Ferrovial SE (FER)vs › | $47.22B | 1.05 | 1.09 | 1.15 | 1.22 |
| United Airlines Holdings, Inc. (UAL)vs › | $39.38B | 0.59 | 0.67 | 0.76 | 0.88 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.13B | 0.57 | 0.63 | 0.64 | 0.66 |
| HEICO Corporation (HEI-A)vs › | $49.48B | 1.28 | 1.31 | 1.31 | 1.62 |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.60B | 3.61 | 2.65 | 2.61 | 3.23 |
| Carrier Global Corporation (CARR)vs › | $50.95B | 0.85 | 0.91 | 1.39 | 1.39 |
| L3Harris Technologies, Inc. (LHX)vs › | $51.61B | 1.02 | 0.96 | 0.91 | 0.97 |
Quick Ratio
1.89
Excludes inventory
Current Ratio
1.44
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 | 1.89 |
| 2026-03-31 | 1.57 |
| 2025-12-31 | 1.44 |
| 2025-09-30 | 1.20 |
| 2025-06-30 | 1.38 |
| 2025-03-31 | 1.32 |
| 2024-12-31 | 1.33 |
| 2024-09-30 | 1.33 |
| 2024-06-30 | 1.46 |
| 2024-03-31 | 2.29 |
| 2023-12-31 | 2.10 |
| 2023-09-30 | 1.73 |
| 2023-06-30 | 1.45 |
| 2023-03-31 | 1.57 |
| 2022-12-31 | 1.76 |
| 2022-09-30 | 1.74 |
| 2022-06-30 | 1.92 |
| 2022-03-31 | 2.21 |
| 2021-12-31 | 2.98 |
| 2021-09-30 | 2.39 |
| 2021-06-30 | 2.72 |
| 2021-03-31 | 2.38 |
| 2020-12-31 | 3.33 |
| 2020-09-30 | 2.53 |
| 2020-06-30 | 1.96 |
| 2020-03-31 | 1.94 |
| 2019-12-31 | 2.37 |
| 2019-09-30 | 2.03 |
| 2019-06-30 | 1.92 |
| 2019-03-31 | 2.19 |
| 2018-12-31 | 1.98 |
| 2018-09-30 | 1.92 |
| 2018-06-30 | 1.77 |
| 2018-03-31 | 1.78 |
| 2017-12-31 | 1.67 |
| 2017-09-30 | 1.44 |
| 2017-06-30 | 1.29 |
| 2017-03-31 | 1.27 |
| 2016-12-31 | 1.33 |
| 2016-09-30 | 1.45 |
| 2016-06-30 | 1.28 |
| 2016-03-31 | 1.10 |
| 2015-12-31 | 1.34 |
| 2015-09-30 | 1.20 |
| 2015-06-30 | 1.41 |
| 2015-03-31 | 1.55 |
| 2014-12-31 | 1.58 |
| 2014-09-30 | 1.38 |
| 2014-06-30 | 1.29 |
| 2014-03-31 | 1.33 |
| 2013-12-31 | 1.43 |
| 2013-09-30 | 1.34 |
| 2013-06-30 | 1.19 |
| 2013-03-31 | 1.28 |
| 2012-12-31 | 1.22 |
| 2012-09-30 | 1.29 |
| 2012-06-30 | 1.23 |
| 2012-03-31 | 1.30 |
| 2011-12-31 | 1.62 |
| 2011-09-30 | 1.45 |
| 2011-06-30 | 1.39 |
| 2011-03-31 | 1.45 |
| 2010-12-31 | 1.31 |
| 2010-09-30 | 0.89 |
| 2010-06-30 | 1.15 |
| 2010-03-31 | 1.13 |
| 2009-12-31 | 1.18 |
| 2009-09-30 | 1.10 |
| 2009-06-30 | 1.19 |
| 2009-03-31 | 1.25 |
| 2008-12-31 | 1.47 |
| 2008-09-30 | 1.66 |
| 2008-06-30 | 1.60 |
| 2008-03-31 | 1.63 |
| 2007-12-31 | 1.69 |
| 2007-09-30 | 1.50 |
| 2007-06-30 | 1.43 |
| 2007-03-31 | 1.54 |
| 2006-12-31 | 2.11 |
| 2006-09-30 | 1.90 |
| 2006-06-30 | 2.00 |
| 2006-03-31 | 1.19 |
| 2005-12-31 | 1.35 |
| 2005-09-30 | 1.25 |
| 2005-06-30 | 1.19 |
| 2005-03-31 | 1.10 |
| 2004-12-31 | 1.19 |
| 2004-09-30 | 1.10 |
| 2004-06-30 | 0.98 |
| 2004-03-31 | 1.02 |
| 2003-12-31 | 1.18 |
| 2003-09-30 | 1.15 |
| 2003-06-30 | 1.14 |
| 2003-03-31 | 1.26 |
| 2002-12-31 | 1.69 |
| 2002-09-30 | 0.92 |
