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 1.26 is in line with its 5-year average of 1.29, near the low end of its 5-year range (1.23–1.39).
As of the fiscal period ended Sunday, May 31, 2026. 0.61% below its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.26
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.30
QUICK RATIO (ACID-TEST) AVG 5Y
1.27
QUICK RATIO (ACID-TEST) AVG 10Y
1.22
QUICK RATIO (ACID-TEST) AVG 15Y
1.19
QUICK RATIO (ACID-TEST) AVG 20Y
1.17
CURRENT VS TTM AVG
-0.61%
CURRENT VS 3Y AVG
-2.94%
CURRENT VS 5Y AVG
-0.54%
CURRENT VS 10Y AVG
+2.87%
CURRENT VS 15Y AVG
+5.82%
CURRENT VS 20Y AVG
+7.21%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+8.55%
vs the sector median at left
Market Cap
$42.54B
Quick Ratio (Acid-Test)
2.29
TTM Avg
1.75
3Y Avg
2.24
5Y Avg
2.47
Market Cap
$42.84B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.82
3Y Avg
0.78
5Y Avg
0.92
Market Cap
$39.38B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.67
3Y Avg
0.76
5Y Avg
0.88
Market Cap
$44.12B
Quick Ratio (Acid-Test)
1.44
TTM Avg
1.39
3Y Avg
1.66
5Y Avg
2.16
Market Cap
$37.60B
Quick Ratio (Acid-Test)
3.61
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
3.23
Market Cap
$35.17B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.23
3Y Avg
1.23
5Y Avg
1.29
Market Cap
$49.13B
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $41.56B | 1.26 | 1.27 | 1.30 | 1.27 |
| Axon Enterprise, Inc. (AXON)vs › | $42.54B | 2.29 | 1.75 | 2.24 | 2.47 |
| Thomson Reuters Corporation (TRI)vs › | $42.84B | 0.64 | 0.82 | 0.78 | 0.92 |
| United Airlines Holdings, Inc. (UAL)vs › | $39.38B | 0.59 | 0.67 | 0.76 | 0.88 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $44.12B | 1.44 | 1.39 | 1.66 | 2.16 |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.60B | 3.61 | 2.65 | 2.61 | 3.23 |
| Ferrovial SE (FER)vs › | $47.22B | 1.05 | 1.09 | 1.15 | 1.22 |
| EMCOR Group, Inc. (EME)vs › | $35.17B | 1.19 | 1.23 | 1.23 | 1.29 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.13B | 0.57 | 0.63 | 0.64 | 0.66 |
| HEICO Corporation (HEI-A)vs › | $49.65B | 1.28 | 1.31 | 1.31 | 1.62 |
Quick Ratio
1.26
Excludes inventory
Current Ratio
1.26
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) |
|---|---|
| 2026-05-31 | 1.26 |
| 2026-02-28 | 1.26 |
| 2025-11-30 | 1.27 |
| 2025-08-31 | 1.27 |
| 2025-05-31 | 1.28 |
| 2025-02-28 | 1.39 |
| 2024-11-30 | 1.39 |
| 2024-08-31 | 1.38 |
| 2024-05-31 | 1.37 |
| 2024-02-29 | 1.24 |
| 2023-11-30 | 1.23 |
| 2023-08-31 | 1.24 |
| 2023-05-31 | 1.30 |
| 2023-02-28 | 1.27 |
| 2022-11-30 | 1.30 |
| 2022-08-31 | 1.29 |
| 2022-05-31 | 1.25 |
| 2022-02-28 | 1.27 |
| 2021-11-30 | 1.27 |
| 2021-08-31 | 1.27 |
| 2021-05-31 | 1.25 |
| 2021-02-28 | 1.24 |
| 2020-11-30 | 1.28 |
| 2020-08-31 | 1.25 |
| 2020-05-31 | 1.23 |
| 2020-02-29 | 1.19 |
| 2019-11-30 | 1.17 |
| 2019-08-31 | 1.15 |
| 2019-05-31 | 1.17 |
| 2019-02-28 | 1.11 |
| 2018-11-30 | 1.23 |
| 2018-08-31 | 1.15 |
| 2018-05-31 | 1.09 |
| 2018-02-28 | 1.09 |
| 2017-11-30 | 1.09 |
| 2017-08-31 | 1.09 |
| 2017-05-31 | 1.12 |
| 2017-02-28 | 1.09 |
| 2016-11-30 | 1.11 |
| 2016-08-31 | 1.16 |
| 2016-05-31 | 1.11 |
| 2016-02-29 | 1.09 |
| 2015-11-30 | 1.15 |
| 2015-08-31 | 1.13 |
| 2015-05-31 | 1.12 |
| 2015-02-28 | 1.11 |
| 2014-11-30 | 1.14 |
| 2014-08-31 | 1.12 |
| 2014-05-31 | 1.13 |
| 2014-02-28 | 1.11 |
| 2013-11-30 | 1.13 |
| 2013-08-31 | 1.13 |
| 2013-05-31 | 1.13 |
| 2013-02-28 | 1.10 |
| 2012-11-30 | 1.10 |
| 2012-08-31 | 1.10 |
| 2012-05-31 | 1.07 |
| 2012-02-29 | 1.11 |
| 2011-11-30 | 1.15 |
| 2011-08-31 | 1.15 |
| 2011-05-31 | 1.12 |
| 2011-02-28 | 1.11 |
| 2010-11-30 | 1.15 |
| 2010-08-31 | 1.14 |
| 2010-05-31 | 1.11 |
| 2010-02-28 | 1.09 |
| 2009-11-30 | 1.12 |
| 2009-08-31 | 1.11 |
| 2009-05-31 | 1.15 |
| 2009-02-28 | 1.12 |
| 2008-11-30 | 1.12 |
| 2008-08-31 | 1.12 |
| 2008-05-31 | 1.11 |
| 2008-02-29 | 1.09 |
| 2007-11-30 | 1.14 |
| 2007-08-31 | 1.11 |
| 2007-05-31 | 1.15 |
| 2007-02-28 | 1.17 |
| 2006-11-30 | 1.15 |
| 2006-08-31 | 1.16 |
| 2006-05-31 | 1.16 |
| 2006-02-28 | 1.23 |
| 2005-11-30 | 1.35 |
| 2005-08-31 | 1.32 |
| 2005-05-31 | 1.25 |
| 2005-02-28 | 1.22 |
| 2004-11-30 | 1.24 |
| 2004-08-31 | 4.05 |
| 2004-05-31 | 1.21 |
| 2004-02-29 | 1.18 |
| 2003-11-30 | 1.21 |
| 2003-08-31 | 1.19 |
| 2003-05-31 | 1.17 |
| 2003-02-28 | 1.22 |
| 2002-11-30 | 6.14 |
| 2002-08-31 | 7.39 |
